Major funding for the pbs newshour has been provided by xq institute. Bnsf railway. Lincoln financial committed to helping you take charge of your financial future. And with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff another big seat is filled in the trump cabinetto be, and it sets up a potential confirmation fight. The president elects Transition Team confirmed this morning that a top Oil Executive is the choice for secretary of state. After days of speculation, official word of the Rex Tillerson pick came before sunrise, followed by praise from the Vice President elect we just could not be more grateful that someone of Rex Tillersons proven leadership and accomplishments is willing to step forward to serve our nation as next secretary of state. Woodruff tillerson, a native texan, is currently c. E. O. Of Oil Giant Exxon mobil, a
Start your sunday morning. No snow in the metro area. Lets look what happened in southwest colorado in the high country on saturday. Looked a little bit like this. Cant see much. That is snow, folks. Moved up the i70 corridor around noon. Belen, much needed snow . Yeah, we need some of those ski resorts in business. Crazy to think about like just about this time last year you were teaching me how to ski. It was already packed with sn need to open up the ski resorts. Jessica needs to get back up there. Snow in the metro area. There is no signs of snow anytime soon, but the possibility for some snow showers still in the high country as we wrap up today. A live view over the city, man, that looks beautiful, huh . With the time change today, sunrise officially happened at 6 35. But this also means that sunset will be happening earlier at through the winter solstice we will be losing 2 minutes of daylight every day. Today the day length 10 hours and 16 minutes. Right now we have still some
Bank and you invest as conservatively as you can, its going to be earning 21 million a year. Right . If you just do it smart, it will grow and grow. It will be better than the annuity. Don is visiting from north carolina. I spent more money than usually he plays. Which would you suspect pick . My age. Im retired. Im not worried about stretching it out. The big chunk and run with it. It steve the Mega Millions jackpot climbed to 636 million on december 17th, 2013. Two Winning Tickets were sold in california and georgia that year. A single Winning Ticket was sold jackpot. Dari now youre talking. Coworkers at a new jersey restaurant thought they were instant powerball millionaires this weekend. [cheering] can you just imagine that feeling . Insane to feel that way. On saturday, workers at this thought they hit the powerball. But it turns out they celebrated too soon. Dan bowens will explain what happened a little later. Steve wall streets bad start to 2016 continues to get worse. Stocks p
Now to the state of the u. S. Economy. Janet yellin getting grilled by lawmakers up on capitol hill. Stocks seem to like what they heard. Investors in stocks. Stocks have no mind in and of themselves. Its the investors who move it. But the investors like what they heard initially. Our senior economic reporter Steve Liesman has the details. Hi, steve. Tyler, thank you. Fed chair janet yellin giving no hint at the first feds first rate hike in nine years is imminent or that its not coming. The only definitive statement on the outlook for Monetary Policy is that it depends on the Economic Data and as long as that word patient is in the statement, there wont be a rite rate hike for at least two meetings. The fomcs assessment that it can be patient beginning to normalize policy means that the Committee Considers it unlikely that Economic Conditions will warrant an increase in the target range for the federal funds rate for at least the next couple of fomc meetings. As tyler said the fixed i
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