Walgreens dropping health care, giving employees a check instead, choose your own coverage, we cant afford obama cares compliance costs. You thought it had gone away. Wrong the irs is back in the news, targeted because they used antiobama rhetoric. No, we havent forgotten ben. Varney company is about to begin. Lieve your Financial Advisor should focus on your longterm goals, not their shortterm agenda. [ woman ] if you have the nerve to believe that cookie cutters should be for cookies, not your investment strategy. If you believe in the sheer brilliance of a simple explanation. [ male announcer ] join the nearly 7 million investors who think like you do face time and think time make a difference. Join us. [ male announcer ] at edward jones, its how we make sense of investing. Amelia. Neil and buzz for teaching us that you cant create the future. By clinging to the past. And with that youre history. Instead of looking behind. Delta is looking beyond. 80 thousand of us investing billion
Economy, fancy way of saying taper, later this year. He warns the economy still needs accommodative monetary policy. David meanwhile General Motors says it will be buying back just under half the gm preferred shares held by united autor Workers Health care trust. Gm is paying just over 3 billion for those shares. Liz walmart plans to hire 55,000 temporary workers at u. S. Stores during the holiday season. That is an increase of about 10 over last year. David microsoft unveiled a faster more powerful version of the surface tablet in an attempt to boost sales and try to win market share from apples ipad. Liz Manufacturing Activity grew slowly in september. David market. Liz says the demand for products declined. Firms took on fewer workers. David in the market. Private Space Company orbit tall sciences further delayed a docking after cargo ship with the International Space station. The docking will take place on saturday. A very busy time here. After the bell starts right now. Liz weve g
About three points. We will see if we can stop a major losing streak. You do see some action hovering and hugging the unchanged line. We see names like jpmorgan leaving the names on the dow jones industrials. We are watching apple pull back. Dagen to washington with less than a week of obamas Health Exchanges up and running. Rich the administration likes to say the fight over the Health Care Law over. It is not. They are releasing a new report shows eight does slow the increase of cost. The administration claiming 95 of consumers all have a choice of two or more Health Insurance companies. In texas, a family of four could pay 57 after tax credits for that bronze plan. Premiums are higher in states with less competition. Republicans, meanwhile, have a different point of view. Obamacare has not been fully implemented yet, but we can see the train wreck headed our way. Rich republicans point out that because Health Insurance premiums are lower than projected, does not make it low weight t
The heels of yesterday, the fed said no tapering right now and that is because the economy is not up to par. That being said means easy money, it means stay low and where will money go other than equities. We have seen it yesterday hitting record highs and not far off of the unchanged line for major averages overall. The fear index has come down. More than half of the names on the dow have down arrows. The big laggers are disney which is pushing back a few films. United healthcare, mcdonalds, pfizer and hewlettpackard among the laggards of the dow waiting. Connell we will talk syria in a moment but lets talk the Federal Reserve. Peter barnes was at the News Conference and asked ben bernanke whether fiscal issues in washington d. C. Played a part in the decision to delay capering. Turned out to be a key moment in the News Conference. What will be the impact of a government shut down on the economy and what could the fed be prepared to respond to that and help the economy with additional
Consequences leaving kids out in the cold, a glitch buried deep in the laws of the 13,000 pages, threatens to leave a half million kids without coverage, this just one of many facing our nations families, time is running out for if administration to fix them all. On october 1, joining me now art pedic surgery professor at duke university, and senior fellow at manhattan unstute, doctor, i will start with you, explain this glitch to us, what is going on. So, it is known as a family glitch. What is happened is the way that law was wrote en. Written, rememberer mandated insurance is written to conservative the employees, not the spouse or family, if an employer decides to just cover the employee, the family can go uncovered. So the employer has an opportunity to decide to go to the exchanges. However if they go to the exchanges they do not get subsidies available to them, because they were eligible for employerbased insurance. Gerri bottom line, half million kids could go without can of Co