Orbit has not been completely confirmed. The north American Aerospace defend command, norad, says the rocket deployed an object that appeared to achieve orbit. The u. S. , japan, south korea and the United Nations all denounce the launch with washington, calling it a highly provocative act that threatens regional security. This hour the u. N. Security council is meeting behind closed doors on todays rocket launch. That isnt likely to matter to north koreas new, young leader. Kim jong un, who appears to be following in his fathers foot accepts even dodged calls on this launch. Chris lawrence is following this at the pentagon. Chris, if you can tell us a little bit about the launch. It might seem surprising, but was it really surprising given the history we have with these leaders . Reporter it was only a surprise, ashley, that it happened last night. They knew this was going to take place, but when north korea asked to extend the launch window to the end of the year, most thought it wou
It also includes 85 billion in deficit reduction. When Congress Returns in january, lawmakers will need to approve the bill. It authorizes spending through the end of the fiscal year. That has been the case in recent years. From the New York Times, lawmakers say progress on budget near deadline. The next deadline is weeks away. Top Lawmakers Said that they have made significant progress negotiating a spending bill. It gives the appropriations committees an opportunity to reassert control of federal dollars. We have a chance to prove to the congress that we can produce bills. The past few years have proved frustrating for members of the spending panels. House republicans could not come to terms with senate democrats. It has been a real struggle and tough at times. Most members of congress have countered for the holidays. The bipartisan leadership has been assembling a 1 trillion money betweenit military and domestic needs. Talksers involved in the say both republicans and democrats are
Greece. Some of the other headlines this morning, a surge in healthcare coverage signups innups, 1. 1 million enroll this initial period. The Washington Times reports report bybenghazi the New York Times may be to benefit Hillary Clinton for president. And the New York Times reports about the democrats and how theyre look at the 2014 elections. They are turning to the minimum wage as a strategy to help win elections. The question for you these first nexttolast this day of 2013 who was the biggest political loser this year . Who had a rough year in your view . Who lost ground or lost support . To hear some names from you and some explanations as to why you think someone was the loser politically this year. Youll remember we did the winners a short while ago. The phone numbers. Over 1,500 facebook postings at this point just 7 00 in the morning eastern time. A few about the biggest political loser of 2013. Thats have i i cant facebook. And if not by phone, you can via facebook, also twit
The United States triple a status could be soon be downgraded because of the debt ceiling gridlock. Stock were on a roll but stumbled yesterday after the house the dow fell 133 points, the nasdaq 21 and s p slipped 12. Gold edged up 3 and oil down a buck 49. In earnings after hours intel beat wall street estimates but failed to confirm growth in the 4th quarter. Yahoo topped earnings by a penny on revenue that was just barely shy of expecations. A Financial Times report says amazon is creating a smartphone with htc. And twitter chooses the New York Stock Exchange over the nasdaq for its ipo. Alan knuckman of trading advantage joins us now. Alan, you are watching the d. C. Drama. Good morning to you. What does the market think . Actually thats the only thing we want to focus on. Focus on what the markets telling us. Opinions and peoples emotions dont matter. You dont make money predicting events. You make money predicting where you think the markets gonna go and using good risk reward a
Thank you for joining us. The top stories we are following this monday, december 31st. If two people are hospitalized after a 2 alarm fire in San Francisco. We will have a live report coming up. The clock is ticking until the socalled fiscal cliff. We will have details on todays the last minute negotiations. It remains cold at specially for tonight. It is a clear start for the morning and we do not have any issues with a visibility. If you are in the north bay there is a good chance that you will stay below the freezing mark. Celebrating new years eve it will be mostly clear conditions. Here is a look at the numbers currently. It is 32 degrees currently in fairfield. I will show you where these numbers are supposed to go for the course of today. We have been minors in a reported stall the upper deck of the bay bridge. It has now been cleared. It did not affect the drive time. Do not expect any Early Morning delays or normal commute patterns. New this morning, off two people are in the