This is a big week for the economy. We are also talking about mideast which is a huge topic in d. C. Today. We have Nicole Petallides on the floor of the New York Stock Exchange to start us oof. Nicole we are seeing a market that is under a little bit of pressure. We have had five straight weeks of gains on the dow. You did mention some of the names that are weighing on the dow. Two huge groups that really weigh on the market today. Financials and energy. Also, chevron and exxon are weighing on the dow. You are seeing energy as a laborer as well. Johnson johnson actually hitting a new high today. A new 52 week high. Wells fargo said you should buy the shares at the current level. With this, the stock is up about one third of 1 . Back to you. Connell more to come from new coal. President obama said his treasury secretary onto a sunday talk show. Clearly trying to shift the focus. He had a little trouble in doing that. Watch this. This is supposedly behind us. It has been more than two m
Bearity of this organizations. And it will redouble the vigilance and determination on the part of a Global Coalition to make sure that they are degraded and ultimately defeated. And it also just indicates the degree to which whatever ideology they are operating off of its bankrupt. And here in new york the scene of a deadly commuter train accident at the height of the evening hush hour. This happened in the town of vahalla just north of new york. It careened into an suv that had gotten stuck at a railroad crossing. Six people were killed aboard the train and the driver of the suv. The remaining passengers, hundreds of them were evacuated through the trains emergency exits. Metro north is the nations second busiest railroad. This is the deadliest accident. This comes as theres been another disaster this one occurring in taiwan. This was an airplane flight. Official tell us here there that a taiwan flight with 53 passengers airborne clipped that bridge as you can see shortly after take
By isis earlier today. It shows in realtime the jordanian pilot held in a cage and then being burned alive. Now, after the hostage dies the video shows a front loader dumping rubble from a nearby building on top of his charred body. Fox news katherine is standing by in washington, d. C. Tonight. Katherine, very difficult to watch. Evil in the midst in our time on display. Well thats right sean. Also at this hour, the al qaeda suicide bomber that isis wanted to swap for the jordanian pilot is being moved from death row to a maximum security prison in jordan, where executions have been carried out in the past. And one of the most striking pieces of data tonight comes from a jordanian military spokesman reporting the pilot was killed january 3rd, ten days after his plane was shot down. And nearly three weeks before isis began bogus negotiations to swap the already dead pilot for the female suicide bomber who killed 60 and three jordanian hotels in 2005. But her explosive vest failed to de
Apples to oranges here, quantitative easing, however we dealt with the banks in 2008 right or wrong, those loans, zero interest in some cases were repaid. So that would not erase student debt. No matter what Interest Rate it is, you still have the principal. Its not the same mechanism with the bank and how would you get a congress that wants to do nothing like this to do Something Like this. It was easy for the banks to repay the loan. Theyre an extremely advantaged and privileged group. They get the money at zero interest, they loan it out at 7 so its really easy for them to pay back those loans. Young people are not in that situation. They dont have the jobs that we need. We dont have an economy that can employ them. So heres what im suggesting. That debt is largely owned now by the federal government, the vast bulk of it. Im suggesting that the Federal Reserve actually buy that debt like it did for wall street but in this case that it buy that date and basically declare that debt nu
Generation that leads us forward to create the economy of the future and to lead the social changes that we urgently need right now. But the concept itself, as enticing as it is, theres one apples to oranges here, quantitative easing, however we dealt with the banks in 2008 right or wrong, those loans, zero interest in some cases were repaid. So that would not erase student debt. No matter what Interest Rate it is, you still have the principal. Its not the same mechanism with the bank and how would you get a congress that wants to do nothing like this to do Something Like this. It was easy for the banks to repay the loan. Theyre an extremely advantaged and privileged group. They get the money at zero interest, they loan it out at 7 so its really easy for them to pay back those loans. Young people are not in that situation. They dont have the jobs that we need. We dont have an economy that can employ them. So heres what im suggesting. That debt is largely owned now by the federal govern