That your name is honored. Point out to them the road they should follow, as you give them the wisdom and courage to do their duty. Help them not to be dominated by what they have been rather than by what they could become. May they never forget their accountability to you as servants and stewards of your purposes. We pray in your great name. Amen. The president pro tempore please join me in reciting the pledge of allegiance to the flag. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Reid mr. President . The presiding officer the majority leader. Mr. Reid i move to proceed to calendar number 211, the debt limit legislation. The presiding officer the clerk will report. The clerk motion to proceed to consideration of calendar number 211, a bill to ensure the complete and timely payment of the obligations of the United States government until december 31, 201
Bottom line. And miami voice vice, the comeback trail and the city at the heart of a nationwide crack down on the bond market. That and more tonight on nightly Business Report for wednesday, november 20th. Good evening everyone. Im susie gharib. Im bill griffeth. Tyler is off tonight. If there is one thing the markets are arounded about right now, it was revealed today. The Federal Reserve and when the central bank may begun pulling back on the massive Stimulus Program. The stocks made a uturn after minutes from the feds latest policy meeting were released showing policy makers could be closer to deciding on when to start scaling back on the bond buying program. Concern that the feds easy money party could be ending, that sent the dow on a 100point swing to the downside but the sale off did cool and at the end of the day the dow was down 66 points and nasdaq off by ten and s p lower by six and hints about tapering sent the tenyear treasury note spiking to as high as 2. 8 , the highest
Continent. Retailing remodeling, invest for success, this is a sector under fire today. Staples, urban outfitters, tjx, best buy, l brands, all getting whacked today. Well talk to a person who believes hes the Retail Investor of our tile. First, though, to sue at the nyse. We are down triple digits, but we are going to start with a major recall announced by gm just a short time ago. Shares are down almost 2. 5 right now. In the last three months, the stock is down more than 7. 5 . Last trade on gm is 3352. Phil lebeau joins us live from washington with details on the latest real. Sue, its a series of recalls from General Motors. In total they come to 2. 42 million vehicles. Again, four separate recalls, two large ones and two smallers ones, all together a total of nine models are recalled or impacted by this recall. The years being built between 2004 and 2015. One recall in particular, for the cadillac escalade. General motors has stopped sales on 2015 versions of the escalade. They ar
Promotional roots, will deep discounts take a bite out of the bottom line. And miami voice vice, the comeback trail and the city at the heart of a nationwide crack down on the bond market. That and more tonight on nightly Business Report for wednesday, november 20th. Good evening everyone. Im susie gharib. Im bill griffeth. Tyler is off tonight. If there is one thing the markets are arounded about right now, it was revealed today. The Federal Reserve and when the central bank may begun pulling back on the massive Stimulus Program. The stocks made a uturn after minutes from the feds latest policy meeting were released showing policy makers could be closer to deciding on when to start scaling back on the bond buying program. Concern that the feds easy money party could be ending, that sent the dow on a 100point swing to the downside but the sale off did cool and at the end of the day the dow was down 66 points and nasdaq off by ten and s p lower by six and hints about tapering sent the t
Issue basically in france right now, 11 unemployment. Japan suffers the first negative effect of the sales tax hike in april. Retail sales in the country fell at their fastest pace in three years. Youre watching worldwide exchange. Bringing you Business News from around the globe. A warm welcome again to todays edition of worldwide exchange. Lets get to one of our top stories straight away. Apple is buying beats electronics for 3 billion to boost its music business. Streaming services encroach on itunes. Apple doesnt only gets beats streaming service and its market leading highend head phones but high profile talent. Beats cofounder jimmy ivin and dr. Dre, too. Now, apple expects the deal to close in its fiscal Fourth Quarter. Tim cook tweeted this photo, saying, sharing a laugh with jimmy and dre. Interestingly for apple here, what do you think of it . I think its an interesting move. Because over the sort of past 20 years apple has been very much seen as a product innovator. And this