Tenyear eeled reacting to a ppi number that did run a bit hot, first rise in a few months and europe in the green at least for now. Our roadmap begins with a cnbc exclusive. With both apple and china mobile ceos, apple shares rising in early trade on the tech giants new deal with china mobile. Bank of america reporting betterthanexpected Fourth Quarter results. And as new ceo mary barr takes the helm, gm expecting pretax profits to rise modestly this year but margins remain flat until 2015 on the back of news that the automaker will pay its first Quarterly Dividend in almost six years. And elon musk taking on the government for the proper term for teslas fixes. First up, though, apple shares rising in the premarket on optimism surrounding the companys deal on china mobile. Tim cook saying it will help bolster sales in the Biggest Smartphone market and china mobiles chairman said the agreement will entail various cooperative ventures and will not be limited to iphones. Cnbc spoke exclus
So heres the deal. If a doctor dares to give her patient treatment beyond what those standards allow, that doctor will be punished. That doctor will be excluded from all of the Health Insurance plans qualified under obamacare. Unbelievable. Under obamacare, washington bureaucrats can dictate one uniform standard of health care that is designed to limit what private citizens are allowed to spend out of their own money to save their own lives, but the independent payment Advisory Board isnt the only rationing provision in obamacare or the Affordable Health care act. If only. However, obamacare also has a cadillac tax for having too much health care coverage. Patients all across america need to know that there is a provision of obamacare that punishes them and their employer if they provide coverage that is above the arbitrary limits imposed by the federal government. This is an additional 40 tax on individuals who need more expensive treatments and coverage, oftentimes essential to battl
This is real money and youre the most important part of the show. Join our live conversation on twitter realmoney or facebook. Com ajrealmoney. New Inflation Numbers show prices overall in america only rose by a pinch in february. The Consumer Price index was up 1. 1 compared to the same time last year. Not so bad. But food prices overall are up about 1. 4 in the last year, and the government says americans should expect to see food prices rise by as much as 3. 5 in 2014. Now, if that is true, that would be the biggest increase in three years. Much of the rise will come from higher meat and dairy prices. Drought conditions in california and texas forced farmers and ranchers to cull their herds, but demand has been constant, so prices are increasing. Then theres milk. A growing appetite for it in asia is tightening supply here in america. Meanwhi meanwhile, prices for coffee and sugar are up because of dry weather in brazil. Coffee futures are up 72 since december. Hogs 43 more expensiv
This is real money and youre the most important part of the show. Join our live conversation on twitter realmoney or facebook. Com ajrealmoney. New Inflation Numbers show prices overall in america only rose by a pinch in february. The Consumer Price index was up 1. 1 compared to the same time last year. Not so bad. But food prices overall are up about 1. 4 in the last year, and the government says americans should expect to see food prices rise by as much as 3. 5 in 2014. Now, if that is true, that would be the biggest increase in three years. Much of the rise will come from higher meat and dairy prices. Drought conditions in california and texas forced farmers and ranchers to cull their herds, but demand has been constant, so prices are increasing. Then theres milk. A growing appetite for it in asia is tightening supply here in america. Meanwhi meanwhile, prices for coffee and sugar are up because of dry weather in brazil. Coffee futures are up 72 since december. Hogs 43 more expensiv
Highflying Momentum Technology and biotech stocks that propel much of the markets for much of the past year, or highvalueing as or, profit taking or you get the idea, among biggest losers, google, apple, and yahoo , down 3. 5 , and investors bracing for what is expected to be an ugly earnings season. First quarter earnings for s p 500 companys to fall by 1. 2 , first year over year decline since First Quarter of 2012. All of this, and after a lackluster march jobs report friday, proved president obamas economic policies are not quite delivering the results needed to lower unemployment to acceptable levels. Obama ken economy sluggish. Some sign that it is effective. A major new Gallup Survey suggestions obamacare enrollment numbers are not as high as Obama Administration now claims, survey shows 15. 6 of adults are uninsured, down from 17. 1 at end of last year. Which translates to 3. 5 Million People who have now taken on healthcare coverage. Far from 7. 1 Million White House said sign