Oil, 42gallons of crude now costs about 57. Just a couple of months ago, that same 42gallons cost 106. If you drive a lot, it was like getting a raise. If you are corporate or National Income is based on how much you can get for that barrel, you just got a cut in pay. Close to 50 . What the tumbling price of crude does in an inter naturally connected World Economy where Christmas Shopping americans iranian generals, venezuelan bureaucrats and chinese factory owners all are feeling the effects of cheap oil. Oil prices have been falling at record speeds this year. To the delight of Many American drivers. I am glad it keeps going down, like we got enough bills and insurance and Everything Else to take care of. Gas should be the least of our worries. In the last six months, oil prices have dropped 45 . In october, when the price of oil was down to around 80 a barrel, we asked our guest, professor of International Business how low oil could go before we should start to worry . Are there bes
Neck or sore shoulders . Designed to meet the need. Will introduce you to the chief executive. The first headlines for my cohost, carol massar. Closing at 2000 points on consumer positive confidence. The s p hit a high. During intraday trading. Shares jumping more than 8 after yesterdays news became official that burger king will acquire the Canadian Company for 11 billion. Dayclosing the trading down. Apple suppliers are said to be ipad. The largest Screen Production is scheduled for 2015. They are the second part of after the iphone. Has authorized reconnaissance flights over syria looking for detailed Islamic State targets. A third u. S. Hostages said to be held by the Islamic State. We are joined by Phil Mattingly. What do we know about the current hostage situation . Is being kept rather quiet. We do not have a name and that is at the request of the family. It is in a female aid worker in her mid20 house that is being held by the Islamic State. This is the third we have known of s
I will introduce you to the chief executive. The first headlines for my cohost, carol massar. Closing at 2000 points on consumer confidence. The s p hit a high. During intraday trading. Shares jumping more than 8 after yesterdays news became official that burger king will acquire the Canadian Company for 11 billion. And closing the trading day down. Apple suppliers are said to be making the largest ipad. Screen production is scheduled for 2015. They are the second part of after the iphone. The u. S. Has authorized reconnaissance flights over syria looking for detailed Islamic State targets. A third u. S. Hostage is said to be held by the Islamic State. We are joined by Phil Mattingly. What do we know about the current hostage situation . Is being kept rather quiet. We do not have a name and that is at the request of the family. It is a female aid worker in her mid20s that is being held by the Islamic State. This is the third we have known of so far. The understanding amongst u. S. Offi
Economic data, down just a little bit in the red today, down 22 points 37 yeah, it is the first trading day of the new month. December, a strong month historically for the stocks, but theres a push and pull going on between Market Forces and the Economic Data, and were in the red across the board, relatively flat this monday morning. The data, u. S. Manufacturing activity last month lowest level since the summer of 2009, but then we got a Construction Spending report that was good. In october, it rose by the largest amounts in five months, and then we got auto sales throughout the morning, and while they were decent, gm, toyota, and chrysler missed novembers estimates, but ford beat them. Thats the data and push and pull among the markets, back to you. Lauren, thanks so much. 12995 where it ends, nobody knows. Take a gamble. Talks in a standstill, Timothy Geithner blaming republicans saying they have to raise taxes in order to avoid going over the cliff. Rich edson in washington with t
The iphone is now just six years old i already taken for granted that i can press a button on my keychains and start a car. And to find out to get ryan supposed to go my gps system talks to me. I dont even think about that being special and i take it for granted i conclude my food in minutes disabled people have better ways to get around. What innovation comes next . He makes his living as a future is starting the institute for global studies what is next . Robots that senior house and also businessesn new customers are found for you also piggyback on the hyperlink to sell tiets through e commerce. Nanotechnology, computers, r obotics, they are of limited the barriers are not even there for the entrepreneurs of the future. You talk about the hyper loop he has done good things . Absolutely. He has the dna of silicon valley, next generation, as steve jobs. He also buys test of th first commercially available electric car with the stocks climbing. Break this down to talk about tesla the s