Sign of how the stock market may react as its still flirting with that recordsetting 20,000 mark. Also one huge question as we look ahead to the next administration is the Federal Reserve is about to get a massive makeover thanks to the 45th president of the United States, mr. Donald trump. So we have alison kosik, cnn money Business Correspondent at the new york stock exchange, as soon as we get the fed, let me know. And heath herzog is with me, author of black market billions, before we talk to you alison kosik, you have to scoop, will they be raising that rate . Reporter the fed for the first time of the year have raised Interest Rates 25 basis points. The last time the fed raised rates was last december. The one thing investors are looking for is how much or how aggressive the fed will be in the future. What the fed said as it was giving this information is that theyll raise rates at least three times next year that could be the reason youre seeing major indices tournesol it red. T
News and whats driving it. Cup of kindness. Stop by the coffee truck that draws people from far and wide and hear why the coffee is only part of it. Nightly news begins now. From nbc news, World Headquarters in new york, this is nbcs nightly news with jose diaz. Good evening, president elect donald trump is once again turned to the world of business to fill an all important cabinet position in his administration. The role is secretary of state. Nbc news learned that trump apparently chosen rex tillerson, chairman and ceo of exxon mobile who has spent entire career with International Oil and gas giant. The two met this morning at trump tower. We get more tonight from correspondent who was first to report the choice of tillerson earlier today. Reporter tillerson has worked at exxon mobile for 41 years. Much of it spent building a relationship with the kremlin. He was named president of the oil companys operations in russia. Exxon mobile won access to prized arctic Oil Resources in 2011 a
Act of cowardice. That means they dont know what they are doing. Lets start this hour with kasie hunt and hans nichols, both on capitol hill. What did we learn today about the House Republican plan for the Affordable Care act . Reporter well, one thing i want to point out to you, craig, and the word is subtle, but paul ryan called it relief from the Health Care Law. Thats a little bit of a change from their aggressive, straightforward repeal and replace. What you heard in those tweets from donald trump earlier today, a warning to republicans, hey, democrats own this and so the question now is what are republicans going to do . They want to repeal it. It only takes 51 votes in the senate. The trick is putting it back and there are 20 Million People who now have Health Insurance who didnt before this law was passed and who are benefiting from it. Yes, there are people paying higher premiums and higher deductibles and feel they are suffering under this law. But there are potential consequ
Got caught up in a fake news story that could have ended much worse than it did. Plus a wintry blast, bitter cold in large parts of the country. Well tell you where the worst is headed today. Which begin with politics and new reaction to the New York Times and Washington Post reports with russia intervening in the president ial election. Harry reid earlier today told my colleague that the reports believe director jim comey had the information before the election. I do z not believe that comey was the new j. Edgar hoover. I thought that he would do the right thing for the country. Comey, who is of course a republican, refused to divulge this information regarding russia and the president ial election. Do you believe that jim comey should resign, in the reid . Of course, yes. Also new reaction from the rnc Communications Director on whether the president elect should have had a stronger response against russia in light of these reports. I am outraged. I dont think any foreign entity, any
Here in the United States and all around the world. Im george howell. And im natalie allen. And cnn news rocnn newsroom s now. And we begin the hour with a deadly explosion in eastern pakistan. At least 120 people are dead, dozens more injured after an oil tanker exploded in the city sunday morning. The tanker reportedly left the road following an accident then villagers gathered to collect the oil, and that is when the truck exploded. An emergency has been declared in the city as well as in nearby towns. Cnn producer sophia saufy joins me with the latest on the situation there. Reporter yes, its a very horrific situation. It was supposed to be a time of celebration, the last day of ramadan here in pakistan. Tomorrow is a massive festival. There was a Public Holiday declared for the rest of the week. And this was not supposed to be a time of such tragedy. What we do know at 6 30 this morning, an oil tanker collided with another vehicle and fell off the road into a nearby field. This is