And the common procedures that will cost you the most . Also the big broadcasters like fox, nbc and espn are not happy with verizons new cable tv prices, but well investigate if its really the great deal for consumers verizon claims . And the great bourbon heists, the criminals that stole one of the rarest and most expensive boushons in the world, and how they did . T. The nine defendants selling and redistributing massive amounts of bourbon. Gerri all that and more on the willis report, where consumers are our business. A possible president ial candidate that wants to shake things up in washington is doing very well in the polls. Thank you very much. Thats former arkansas governor mike huckabee. He thinks washington stinks, but says we can as a country return to greatness. He outlines many of the ideas in the new book gods guns, grits and gravy. So it looks like youre running for president. I dont know why youre waiting two weeks. Why dont you just announce right here right now, my fr
People familiar with discussions tell bloomberg that although some progress has it made, both sides are still far from an agreement. The greek government is still opposed to cutting pensions or raising the sales tax. Still, officials they greece should have enough cash to make a 223 million payment this week to the International Monetary fund. John glover joins me now on the phone from london. Thanks for your time. How we view described the atmosphere of the talks . John i was not present at the meeting, but it has been ascribed as tens although more constructive than it was with the finance minister but it has been described as tense. The finance minister is controlling things from afar. Mark is greece in a position to be drawing lines in the sand at this point . John well, that is the question everybody is asking themselves. The answer is not really, but the trouble is everybodys options are quite limited. Greece is going to run out of money. The eu will have a major issue if it forc
Economic data, down just a little bit in the red today, down 22 points 37 yeah, it is the first trading day of the new month. December, a strong month historically for the stocks, but theres a push and pull going on between Market Forces and the Economic Data, and were in the red across the board, relatively flat this monday morning. The data, u. S. Manufacturing activity last month lowest level since the summer of 2009, but then we got a Construction Spending report that was good. In october, it rose by the largest amounts in five months, and then we got auto sales throughout the morning, and while they were decent, gm, toyota, and chrysler missed novembers estimates, but ford beat them. Thats the data and push and pull among the markets, back to you. Lauren, thanks so much. 12995 where it ends, nobody knows. Take a gamble. Talks in a standstill, Timothy Geithner blaming republicans saying they have to raise taxes in order to avoid going over the cliff. Rich edson in washington with t
Good to have you here. Good to be here. Not so unusual on the first trading day of the year that you would have a reversal of some of the trends you saw last year. Overall stocks were up and now they are down. Individual stocks did very poorly last you and are up today. That is right. Tried to play the counter trade. Time for a big picture. To tell you what is happening right now, we will start with the s p 500. Down about one percent. We were up six percent in 2013. No one wanted to sell them. Today, fine. We put a little bit of the profitability in our park it pocket. This is a surprise. Right now, the yield is 298, about twoyearm high. That is in spite of that her data. Manufacturing, construction, and jobs, all better. It may be the same sort of thing. You take ons down enough and people will buy them. That in turn pushes the yield down. You take hold down far enough and eventually people will buy it. It had the worst year in 12 years. Today, people are buying it. Everything is run
Sanctions against russia for engineering the succession referendum in crimea. And he threatened further punishment. So what did the markets do . They all rose on monday and not by a little, especially the dow. After 5 sessions of gains, gold closed lower as investors moved into stocks. And after 2 up sessions, oil ended down. Factories are crankin it up. Us manufacturing output was bigger last month than its been in 6 months. Assembly lines cranked out more cars, chemicals and business equipment helping lift the economy from januarys snowstorms. And its the biggest study yet to see if the stuff in dark chocolate can in fact help prevent heart attacks and strokes. Sadly for the 18 thousand participants, the nutrients will not be administed via candy bars but in pill form. Lets turn to trader lincoln ellis. Hes with green square capital. A lot of people might be surprised the markets went up so well yesterday. We have volatility, uncertainty and tension in crimea and yet that was the res