Worth of stock. Has happened to facebook shares over the last year. Should investors be worried . When the ducks are clacking, feed them. In washington, it is official , the Federal Reserve will begin winding down its stimulus program. Peter cook and the economics editor joining us now. Newsere there for the conference asking questions. What do you make of this ecision . Classes defense seems on track. The economy is doing better. He justified the move on that basis. He thought as well about the budget deal in washington and how that gave perhaps a little bit more of a justification for making the move right now. He did thisasked if because he was about to leave and he wants to be there when the wind down begins, he said no. I do not totally buy that. I am under the believe he did want to own this to some extent and was there right now to be able to do that yesterday. Just breathing room to janet yellen. It takes a little bit of the pressure off her. Even if he did not mean to do it, t
Closed with their highs of the day. Cnbcs bob pisani has all the details from wall street. And well be hearing live from several members of the senate and the house throughout this pivotal hour. Where do they stand on the budget negotiations that are about to begin as we get ready for the next deadline . The kudlow report begins right now. Good evening, everyone. Im larry kudlow. This is the kudlow report. We are live here at 7 00 p. M. Eastern and 4 00 p. M. Pacific. Breaking news tonight. The senate expected to vote this evening on a compromise deal to temporarily reopen the government and raise the debt limit. That sets the stage for broader budget negotiations later on. House leader have vowed not to block the bill. The chamber expected to vote later this evening. Were going to talk with members from both parties. Both houses of congress throughout the evening. But first lets get the very latest details from ace political reporter and cnbc contributor robert costa who joins us live
So are we out of the woods yet . The senate has just passed a temporary budget deal that would avoid a debt ceiling crisis. Last night, i signed legislation to reopen our government and pay americas bills because democrats and responsible republicans came together. The first Government Shutdown in 17 years is now over. New high. By the way, closing high, too, 1 17,252. Now we can begin mending fences. Theres a hilarious poll out there. The bottom line is real people in america are hurting because of this congress. They need to get their act together. Good evening, everyone. From washington to wall street, this has been a tumultuous week. With the s p 500 closing at yet another record high today, the coming days could and should be just as dramatic. The question we have to ask tonight is, does this rally make sense and can it last . Meantime, back in washington, both parties are back in their own camps getting ready for the next round of what seems to be that neverending budget battle,
Quorum call quorum call a senator mr. President . The presiding officer the senior senator from alaska is recognized. Ms. Murkowski thank you, mr. President. I request the proceedings under the quorum call be dispensed with. The presiding officer without objection, so ordered. Ms. Murkowski mr. President , i would ask unanimous consent at this time to enter into a colloquy with my colleague from north dakota. The presiding officer is there objection . So ordered. Ms. Murkowski thank you, mr. President. I rise today to speak to an issue that in my state of alas alaska, in the state of north dakota, quite honestly so many of our home states, we have we have facts, we have statistics, we have issues that face our Indigenous Peoples, most particularly our indigenous children, that, truth be told, these statistics are are not what we want to write home about. In fact, in many, many cases, these statistics are shameful and the effort and the initiative to make a difference in the lives of of
How about i separate out the iran question from the Health Care Question . On the health or question that care question, i have answered several times, the bottom line is that we are going to continue to work every single day to make sure that implementation of the Health Care Law and the website and all elements of it, including the grandfather clause work better every civil day. As i said in Previous Press conferences, were going to make mistakes, and were going to have problems, but my intentions have been clear throughout. I just want to help as many people as possible feel secure, and make sure that they do not go broke. Were going to keep on doing that. On iran, there is the possibility of a resolution to a problem that has been a challenge for American National security for over a decade. That is getting iran and in a very viable fashion to not pursue a nuclear weapon. We had the first halt, and in some cases some rollback of Irans Nuclear capabilities, the first time that we ha