Least seems to be working. Nicole we are pretty happy about that fact. It felt like the eternity breeze. The Dow Jones Industrial is up 20 points. The s p is also posting gains. Microsoft helping the Dow Jones Industrials. If he were to exercise those options, he will be worth about 840 million. He ranks 22 in the united states. Back to you. Connell we will talk more about that in a few minutes. Yesterdays flash griese was the result of problems with data systems. He says the problem has now been addressed, but he cannot guarantee that there will not be any future problems. Liz claman joins us now. Liz everything seems calm. What a difference from yesterday. In the wake of the flash freeze, the nasdaq has been seriously attacked. Critics say that the nasdaq handled this terribly. In fact, former chairman said the nasdaq did a horrible job. They handled this terribly. He is not the only one. There was not enough communication. This morning in my oneonone interview, i asked him about the
Look at how its weighted. Theres a big move there with Microsoft Holding the gains. We hit the high of the session minutes ago. Much more on steve balmers resignation, but now, much more importantly, who gets the nod as his successor . If you got excited about a housing recovery, hold your horses for a moment. New home sales for the month of july fell 13. 4 to a 394,000 annual rate. That is the lowest number since last october. Rising Interest Rates, of course, could be the culprit with the 3 30eyear jumping but its important to remember monthly data are volatile and subject to large revisions. Remember, its just the opposite this week when we got existing home sales, totally opposite of new home sales, but that number jumped to the highest level since 2009 due to buyers racing to beat rising Interest Rates, but, again, we dont see that with new home sales. Interest rate on 30year mortgage nearly doubled since may to around 4. 85 , still low a fox exclusive with the ceo of the First Ho
Thank you. Ghana just played mali. Thank you, general. Likely question is mali was part of the Counterterrorism Program for the past eight years. As we can see, last year mali has had to gold problems. Difficult problems. The program is designed to strengthen african militaries. It does not seem to have worked very well in mali. My question is, in the washington, you say youre going to expand to other african countries and train them t. Why give medicine to more people than the one person who took it certainly has not recovered . It could be argued that they are doing worse. When i bring africa to the u. S. . I know a lot of africans are anxious about this. The question about mali is a fair question. The kernel probably has some more insight on this. We have had a u. S. Training effort with the mali forces for some number of years. Some of that has occurred in mali and some of it was mali officers coming to that u. S. For training. There were some who led the military coup, which overt
Claims, on income, jobs, on Health Care Costs. The middle class is losing ground and the pace of decline is speeding up. We have a full report. And on obamacare, the list of local governments switching to parttime workers is growing. And there are 38 days till those chaotic insurance exchanges. What on earth is going on at the nasdaq Stock Exchange. Was the threehour freeze just another computer glitch . Steve ballmer out at microsoft and the stock takes off. Ooh. Varney company is about to begin. You know throughout history, folks have suffered from frequent heartburn. Butetting heartburn and then treating day after day is a thing of the past. Block the acid with prilosec otc, and dont get heartburn in the first place. [ male announcer ] one pill each morning 24 hours. Zero heartburn. Friday morning and breaking news for you, just crossing the wire. Microsofts chief Steve Ballmer will retire in the next few months until a successor is named. The stock is straight up. A gain of roughly
Moving our economy for 160 years. Bnsf, the engine that connects us. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. And with the ongoing support of these institutions and foundations. And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Brown a still tentative American Economy looked online today, as Digital Deals were to be had, and Holiday Shoppers lit up web sites. Retailers had high hopes that cyber monday sales would add to whats been a strong start so far. If all goes as expected, today will end up being the busiest online david year, with major bargains and steep discountses just a click away. Every year we see more and more consumers shopping is online, both the younger computer born with a computer in their crib, and the elder generation is now also shopping online. Deals are