Looking like Terry Mcauliffe might break a 30year trend in virginia. Chris christie could have an overwhelming win. We will talk to his opponent. As famous faces help the virginia rivals, the man marco rubio shoved out of his party has his own announcement to make in florida. We will bring it to you live. A deep dive in why the republicans may be vasing that question, why cant you get the dogs to eat the dog food. Good morning from new york. Election week and its a big deal for the daily rundown. Lets get back to our first read. Who is going to win and lose the governors races. Its not in doubt. What we want to know is what will the victories look like. How wide will the margins be and how will the parties respond. This is a rally in annandale, virginia. Joe biden is campaigning for democrats. The ultimate swing state in the country, democrats could sweep all five major statewide offices. Think about this. The two u. S. Senate seats and governor lg and ag. Thats all possible and if the
Richard engel. We have the attorney who may change the way that americans invest in bonds forever. After Steve Ballmer steps aside, which chief executive is soon to follow . David . Hey, sue, how are you doing . We are going to start with these pictures. The fire burning around Yosemite National park. It is getting worse and threaten ing california. The latest word from the Governors Office is that the water and power in San Francisco is holding. The danger doesnt seem quite as bad at first. San francisco is 180 miles from here. The water and power supply come from the reswear which is in the park. Crews have been trying to protect it. Look at the view of the fire from space. You can see that the spoke is going to the north, northeast as the wind comes out of the south. That is good. It takes it away from that reservo reservoir. That is the hope that they can get the fire 15 more contained. Where they are going door to door checking to make sure that the homes are not full of combustab
Dennis why movies are getting booted from the big screen in a desperate race to fight for your box office bucks. Cheryl time for stocks now. Every 15 minutes, bringing in Nicole Petallides. We talked about this earlier, you dont get big reaction today from the fed chairmans testimony, that is the good thing we are nothing a lot of volatility. You are right. We stayed within the 100 points range top to bottom. Up about 18 points. That being said, we do have a highly comminuted fed for the moment, they can turn on a dime. Housing numbers pretty weak for a month of june, that is not good news. Overall you do see we maintain up arrows. Dennis thank you very much, nicole. Ben bernanke answering tough questions on the economy. Peter barnes from capitol hill with what she has to say. Peter. Peter the fed staying on message on paper. It depends on the incoming data whether or not the fed will start to tapers 85 billion per month in bond purchases, quantitative easing sooner or later. But he di
Status among hedge funds for exceptionally high returns. Senior fox Business Correspondent has be watching this investigation. He has been reporting on this investigation. He called us back on july 10th. Listen to what he had to say right here on countdown to the closing bell. What we reported is hes probably not going to get a criminal case, but the civil case could be bad. From what i understand, my sources close to the commission, tell me this, that they are modeling a potential case against steve cohen based on the case against corzine. Thats failure to supervise. Cheryl all right. Again, charlie has been all over the story. He, in fact, just was on fox business on markets now two days ago saying the exact same thing, that basically that you would see this type of charge, this fcc charge on steve cohen, failure to supervise. Well get into this with charlie because he told me two days ago on markets now that this is the best last way, and the best chance that the fcc has basically t
Years ago today. Happy anniversary to us. Im melissa lee with carl and jim cramer and david faber live from the new york stock exchange. Lets look at how were setting up after yesterdays rally. Particular strength in yesterdays rally. We didnt get housing starts, thats earlier today. As for the picture in europe, really the stand outout here is the euro. Greece getting a five notch upgrade at the s p. Our road map this morning starts with gm. Government motors no more. The treasury to exit its stake in the next 12 to 18 months, purchasing 2 million shares by the end of this month. Another challenging quarter for fedex with the blame squarely on sandy. But the stock is up premarket. Oracle posts a Strong Quarter with Even Stronger guidance. The season rebound in europe. No impact from the fiscal cliff. And ge gets boosted from ubss key call list on the weaker than expected macro environment. Still on the list is including well tell you in a couple of minutes. General motors is up sharpl