React in much the same way he responded to Vladimir Putins invasion of ukraine, cautiously and without any prospect of effect or resolution or punishment of the wrong doers. Attorney general eric holder today announced 31 criminal charges against five Chinese Military officers for hacking american companies. The criminal indictment alleged that the officers hacked six pittsburgh based companies, u. S. Steel, westinghouse, alcoa, allegheny technology, solar world and the united steelworkers union. The five men work from the same Office Building in shanghai from which they stole everything ranging from product designs to confidential legal strategies, all apparently an effort to give Chinese Companies an advantage over their american counterparts. Attorney general eric holder today declared quote, enough is enough. Today were announcing an indictment against five officers of the chinese liberation. This is the first charges for state actors for infiltrating United States commercial targe
Back ecb measures like negative rates. Euro has fallen this morning on that news. Our road map with the record highs. Investors retaining their appetite for riskier names. Now what . At t and directv reports of deal talks now active and could be done in the next two weeks. And as we said, davids exclusive with ibms Ginni Rometty, a rare conversation about the companys future. First up, more market history for the bulls. The dow with a record closing high for a second consecutive session posting its first alltime intraday high in a month and the s p achieving a record high close of its own. Internet and biotech names helped the nasdaq jump 1. 8 in yesterdays session. Dow, jim, with a win today, thats five straight. We havent done that all year long. No. This is amazing because this bubble talk has presumed that what would happen is the nasdaq, the internet plays, highly valued momentum plays would bring down the dow. This pool of capital keeps going around. The analysts are making a sta
Been so altered that were still dealing with it every day in the Financial Markets and just dont know it. Thats how i feel today after the shocking decline in Interest Rates that seems out of sy, this c with the averages. A decline in Interest Rates that i think actually caused the averages, bonds into stocks to hit the skins. Dow falling 101 points, nasdaq declining. 72 . When Interest Rates have gone down in the past, stocks have almost always gone up. Kind of lock step. But the linkage has been broken for certain of late. Now people just fret that if rates are going down, well, we have to be teetering into recession. How else can you explain it . Thats the wrong conclusion people. Theres a lot more at play including a newly frugal american chopper. Part of my some what reserved outlook comes from stress tests, reflections on financial crises. The new book by tim who i will be interviewing in new york city right after the show as much as i lived through the crisis like many of you ca
Around ukraine. The market does not like it. Russian troops lining up at the border, Vladimir Putin says there will be consequences if ukrainians go after perot Russian Forces inside the country. John kerry says if russia ignores the agreement to be escalate the crisis it would, i am quoting now, not just be a grave mistake but inexpensive mistake. He is threatening more sanctions. What is the financial response . The russian stock market is in freefall, standard and poors cuts russias debt, it is one notch above junk. Moscow hikes in Interest Rates. Look at that, the dow a big triple digit loss, nasdaq down big as well. Sandra smith, americas love with me. The market, americas market is down because of russia. It is on the rate of the nasdaq is leading the selloff stuart amazon is down. That is a special case, one of the leading things in the nasdaq. I am not going to eliminate the possibility ukraine is causing some selling. It is in the back of everybodys mind if youre going to buy
And now it is time for john stossel. You have a facebook account . Do you post pictures on instagram or personal things on twitter . You probably do. Most americans now do with how we connect with friends. And i love facebook. This page helps me understand what you think, and you give me feedback that makes me smarter. I also have a personal Facebook Page that helps me stay in touch with friends, ranging volleyball games. My life is infinitely better because a facebook are you but there is a downside. Lots of private the, more than i realized before i research this. Recently a comedian freaked out random people by demonstrating how much he can learn about them. I wanted to see how easy it would be to get personal information from complete strangers. First he checked his application that showed him social media users near him. Then he checked sites like twitter and instagram to learn things about him. Is your name jessica . Yes. Are you doing . Did you just make that up . I understand m