Spectacular is a good word up 166 points. Moving into the positive as he almost close out 2015 we have a very strong jobs report coming up to 8 30 a. M. And that gave clarity to the market in yesterdays selling was overdone we are expecting a rate hike from janet yellen and we will find out. Money coming in, and the banks did very well across the board, a jpmorgan up nicely and Morgan Stanley oil, opec surprisingly by 1. 5 Million Barrels per day that just adds to the glut of oil. Almost 40 it went below 44 while. I just want to mention barnes noble is down 70 for most of the day to day and of weak demand for its tablet. I go there once a week. I guess ive really what theyre. Breaking News Coverage do details on suspects of the san bernadine no shooting the fbi now leading the investigation classified officially as an act of terror jeff flock joins us now from San Bernardino. This does change things and that is what people have been saying using that keyword that it is a terrorism inve
Almost 1. 3 billion. Liz luxury retailer saks, saying the chairman and shave executive officer and president ronald fresh will leave the company once officially acquired by canadas hudson bay company. The 2. 4 billion deal is expected to close by the end. Year. David a lot of deals going down these days. In the last minute we heard regulators are expected to hit jpmorgan with at least 700 million in penalties. This is part of that settlement related to the banks handling of the london whale trading loss last year. Liz united technologies, utx, Pratt Whitney says it will push down the price of f35 fighter jet engines by 2. 5 , possibly more. The jet is the most expensive military project in u. S. History. David the canadian aircraft maker bombardier is turning up the heat on boeing. With the maiden flight of its new c series jetliner. This is the first new narrow body plane of its size in decades. We have a lost breaking developments. Want to keep it right here for the next hour. After
Is here right now. Just about everybody is trying to stop the tax cuts from exping. But billions in subidies for wind energy should be expiring. Could they be right or will they blow up energy prices. Well go in focus with steve bor bes and bill and morgan. Is it paying off . No, it is 18 times that of nuclear energy. Ronald reagan was right. Thes thing to immortality is a government program. Politicians are labeled with hot wind and we label the section gone with the wind. We have sending sib sidies in 92, has it been worth it. We are early inlet process. We have Subsidized Oil and coal and gas. We have done themrom darn near a century. These dont look so bad. Like i or not, the majority of americs believe that Global Warming is an issue. We need to develop clear energy sources. Fossil fuels may b a difficult problem. We are subsidizing thingings. It is cheaper to produce energy from natural gas. It is a subsidies. Other than it is nural gas there. It is 63 cents compared to 53. Th is
Connell were back together. This is really, really exciting. You barely spoke to me all morning. Wouldnt make eye contact with me. Connell making it up for now. Not forcing eye contact. Look at camera. Dagen sane happiness. Connell very much. Dagen good morning, everybody. This is no laughing matter because for most of the country it is brutally cold outside and temperatures are dangerously low. Connell yes. You take a look at this, many in the Science Community blaming the cold on the polar vortex on this nasa image. Split two stormlike images. One going into the continental United States. This is your polar vortex. Dagen that is creating temperatures many of us battling with it. Jeff flock with the Business Impact of this weather from chicago. Look at memphis. Look at current winddhill temperatures in places. Folks dont have clothes in their closets to deal with temperatures that low. Connell today, it was ridiculous this morning it will be 50s and tonight, 8 degrees the same day. Da
More evidence out today there will be no secondhalf economic rebound. Does that push the fed taper way back . Might your Mortgage Rates be coming back down . All those stories and more coming up on the kudlow report, beginning right now. This is the kudlow report. First up, the u. S. Getting closer and closer to military intervention. Secretary of state john kerry left little room for doubt. Nbc newss Steve Handelsman has the details. Good evening, larry. Keep in mind the United Nations investigation is not complete. This is the unilateral conclusion of the obama administration, presented dramatically today by a man not usually given to public shows of emotion, u. S. Secretary of state john kerry stating it is americas conclusion that syria used chemical weapons. And despite the excuses and equalify indications that some have manufactured, it is undeniable. President obama believes there must be accountable for those who would use the worlds most heinous weapons against the worlds most