Court of appeals decided on Net Neutrality . Ruled 21 to of high upheld the regulations. You had what was ultimately a pretty big victory for the regulatory agency. Host what does that mean practically . Brian it means the sec can move implementing its rules more aggressively. Without worry of further legal uncertainty. Some petitioners decided to appeal or ask for rehearing, but i think we will leave that to the folks joining us today. Host brian some is our guest sung is our brian guest reporter. Fred Fred Campbell and matthew wood join us. Matthew i have long been fred i have long been opposed to Net Neutrality. What the court to did here was applying a statute a statutory scheme known as title ii that gives it a lot more power than just Net Neutrality. For a long time, no neutrality was about whether a broadband provider can block a website or discriminate. Has gone further than that for the first time, and send it the scheme that the Telephone Network applies. That opens the door
Of the attacks including Hillary Clinton line directly to the families of the people who were killed right to their face. Hillary clintons answer to congress about the dad of these brave americans because of the gross failure of secretaries they was what difference at this point is that made . What difference does it make . Maria fresh security concerns around the world. The details on the train ambush that left five people injured. That is coming out. Talk about firing a worker they refuse to serve police. While the refusal has her hitting the unemployment line. Trouble for netflix to report the service hitting high. Consumers way. Telling customers to play all the pokemon go they want, but not everybody is pleased. Bringing internet equality into question. The high continues almost eerie. Lower this morning after another record day of trading yesterday. We are awaiting earnings from big names at Goldman Sachs and john van johnson before the opening bell. In europe, the major indices
You will spring to get the first look at the weather, with jenn harcher choosing it is looking nice you might need need your winter jacket and a snakelike temperatures in the 30s y at the moment. The wind makes it feel even colder. If you have a disturbance to the north of us otherwise partly again currently 37 degreeses. You can see the clouds have blanketed the area. Only disturbance to the north of us along the ohio river valley sunshine, on radar, cannot rule out a few flurries. You can see some of that popping up. My see a flick or two. New england has a noreaster. In portions of she is now local hospital, os lawsuit filed by a former employee accusing administrators of receiving free treatment in perksorng dropped because fixations were falsified, dave nethers has final chapter joining us live. Lawsuit was filed by a former internal auditor or metrohealth systems claim to contain allegations of executives getting free botox and travel reimbursement possible denied the allegations
We like for the long term when theyre being pulled down by shortterm considerations . Worries like the one generated by the fed meeting yesterday. Yes, yes, the averages got hit today. Dow sinking 290 points. S p plunging 1. 6 . Nasdaq falling 1. 4 . Hideous but just remember how badly we could have been crushed if the fed had raised rates. Many of the stocks that managed to rally today like the higher yielders, the consumer Package Goods and the drug company, they need a weaker dollar including bristolmyers, not to mention a handful of fabulous Growth Stocks that always seem to rise after a big bad event received. They would have been pulverized if the fed tightened. Look, one day we should tighten. Im not against it forever. We should do it when were sure china is not teetering, when europe is on firmer footing and our recovery is less episodic. But right now wages arent budging and the Chinese Government is selling enough u. S. Treasuries to do the feds work for them. Thats why im d
In just a few hours. As for europe, some green arrows, despite a miss in the eurozone in production this morning. The road map starts this morning with, of course, the fed. Expectations for revamped bond buying program. What will the Economic Forecast say about next year and what to make of the wall street journal story that says academics are driving Monetary Policy at secret dinners in switzer land. More counteroffers in the debt negotiations. It looks like Corporate Taxes are part of the deductions. Costco beats by 2 cents, better sales and better sales and membership fees. Some more reports about apple tv today. The journal said its designing a high new highresolution set. Microsoft trying to widen the list of retailers that will carry the surface tablet. The fed is going to wrap up its twoday meeting. A watch is on to see if ben bernanke and policy makers make a decision about the Interest Rates. Later on, the chairman will hold a News Conference, and of course, cnbc, will bring i