But as rates rise, will the stock market rally be slowed or stopped . Malllicious activity. Shopping malls have become Fertile Ground for cell phone hackers. What you need to know to protect yourself. Those stories and more tonight on nightly Business Report for tuesday, december 13th. Good evening, everyone and welcome. Dow 20,000. Not so long ago, like for instance, in february of this year, reaching that landmark number seemed a ridiculous idea. Preposterous, even. Not any more. Today the Dow Jones Industrial average came within 50 points. Maybe tomorrow, might be not for months. But what we do know, to the roughly five weeks from the election and six from the inauguration of donald trump as president , the three major stock market indexes finished the session at alltime highs. Again. The blue chip dow index added 114 points to 19,911. Its seventh Straight Record close. Nasdaq up 51, s p 500 gained 14. And later in the program, well look at what investors should keep in mind when st
But as rates rise, will the stock market rally be slowed or stopped . Malllicious activity. Shopping malls have become Fertile Ground for cell phone hackers. What you need to know to protect yourself. Those stories and more tonight on nightly Business Report for tuesday, december 13th. Good evening, everyone and welcome. Dow 20,000. Not so long ago, like for instance, in february of this year, reaching that landmark number seemed a ridiculous idea. Preposterous, even. Not any more. Today the Dow Jones Industrial average came within 50 points. Maybe tomorrow, might be not for months. But what we do know, to the roughly five weeks from the election and six from the inauguration of donald trump as president , the three major stock market indexes finished the session at alltime highs. Again. The blue chip dow index added 114 points to 19,911. Its seventh Straight Record close. Nasdaq up 51, s p 500 gained 14. And later in the program, well look at what investors should keep in mind when st
Announcer this is on the money, your money, your life, your future. We begin with a cyber threat inside your house. Smart home gadgets like thermostats and even a carpal are a are supposed to make your life easier, if youre giving or getting eon as a gift but experts warn these devices, part of the internet of things, could let cyber criminals break into your house without ever coming through a door or window. Andrea day has this weeks cover story hacking your home. The sharks have smelled the blood in the water and are using your iot device to launch further attacks. Reporter devices that can make your home smarter can unlock the day for hackers. This is the global head of research at sofos talking about the internet of things, devices like smart cameras and thermostats that connect to the internet. In october 100,000 of these gadgets were tenak over by hackers and directed to launch an attack that blocked access to some highprofile websites like twitter and netflix. This is big busin
Unprecedented actions taken by the president reserve to rescue the economy after it collapsed. His class is about an hour. Professor levy ok. In our lecture on the great depression, i talked about the origins of any financial crisis, it is always important to look at the resolution to the last crisis. When we think about the Great Recession, we have two moments of origin. The 1970s, the crisis of industrial capitalism and thinking about whether or not the American Economy has gotten out of that crisis. We have been talking about this. The second point of origin i think is the late 1990s, the new economy, and how the bubble crash sets of a pattern that goes across the 2000s. Into the great depression. So we ended our last lecture with Alan Greenspan before congress in 1998. It is in the midst of the new economy euphoria. Here is what he said. You read this, but i will read it out loud. In short, our economy is still enjoying a Virtuous Cycle, in which, in the context of subdued inflatio
Unprecedented actions taken by the president reserve to rescue the economy after it collapsed. His class is about an hour. Professor levy ok. In our lecture on the great depression, i talked about the origins of any financial crisis, it is always important to look at the resolution to the last crisis. When we think about the Great Recession, we have two moments of origin. The 1970s, the crisis of industrial capitalism and thinking about whether or not the American Economy has gotten out of that crisis. We have been talking about this. The second point of origin i think is the late 1990s, the new economy, and how the bubble crash sets of a pattern that goes across the 2000s. Into the great depression. So we ended our last lecture with Alan Greenspan before congress in 1998. It is in the midst of the new economy euphoria. Here is what he said. You read this, but i will read it out loud. In short, our economy is still enjoying a Virtuous Cycle, in which, in the context of subdued inflatio