It is the draghi induced bounce in the equity market. 39 crude once again. Tom nine days away from the fed dating, and commodities are the back story that could become a atnt story very quickly look what iron or did over the jonathan tom keene with us for the next two hours. Obama says the San Bernardino massacre enters a new phase in the terrorism fight. To these fears cause by the randomness of the california in paris attacks, and declared allies,reased help from we will defeat the Islamic State. Our military will continue to hunt down terrorist plotters. Have rampedallies up their contributions to our military campaign, which will help us accelerate our effort to destroy isil. California, government offices that have been closed since the incident will reopen. The man accused of stabbing two people at a subway stop your the incident prompted stepped up security, and police described it as an act of terrorism. The 29yearold is charged with attempted murder. Wellan threatened others s
From monday to wednesday. Monday we saw a decline. We are hitting session highs. Hopefully we will stay with those through the day. We are on track to break that threeday losing streak. The s p 500 up. 8 . The dow up the most by 1 . The nasdaq up by. 9 . Everyone looking ahead to tomorrow. We will be getting reports on retail sales and producer prices. Also a gauge of Consumer Sentiment is expected for last month. Expectedat data is not to alter the feds anticipated move on rates. Functionok at the wrip on your bloomberg terminal. A chance the fed will on december 16th. We are flirting with a record close. The last time that happened was may 21. Today we are at 2062, so we are off that by 55 points and change. We will be looking to see if we did that soon, betty, or maybe by the end of the year if the markets continue their trajectory. And commodities as well, right . Aboutyes, we were talking oil all day all year, really, right question mark rent crude down 1 . The news off of this is
Reserve. Its there for a reason. The word strategic is there in a very significant place. On that front, the proposal by some to permanently ban production in a small sliver of the nonwilderness, which could be the strategic reserve, is just wrong. Its dead wrong. As terrorists threaten oil supplies in the middle east and as state sponsors prepare to make billions of dollars from selling our oil to allies, some within congress are talking about intentionally and severely hurting American Energy production. This hearing this morning is about education. Members of the house and senate and the Administration Must understand the economic and the geopolitical context of the National Interests that we are considering. This committee has a unique perspective, given that over 90 of Iraqi Government revenues are due to oil exports, given nearly 09 of syrias Oil Production is offline and given that oil accounts for over 40 of isis monthly revenue, according to ihs. So you can expect me as chairm
Iselle is passing near maui. That was the first Tropical Storm to hit hawaii in 22 years. There are reports of downed power lines. Julio is expected to pass north of the islands. We will see a robot that goes into the water. First, the u. S. Has launched additional rounds of airstrikes on extremist conditions in northern iraq. Two additional strikes were conducted on a position at a convoy of extremist vehicles. Well have more on the Technology Including 500 pound laser bombs coming up. The fight to ensure cyber security. Breach after breach from targeted attacks that hit 100 million customers to the revelation that Russian Hackers stole 1. 2 billion user names and passwords. The latest concern is that even airplanes can be hacked. One hacker showed how easy it is to do just that. I spoke to our editor at large, cory johnson, and a ceo who has been at black hat all week and is gearing up for another conference in vegas. David kennedy, who used to work for the nsa, joined us via skype.
New congress, best access. A look of some the top economic stories of 2015. From washington journal, this is 40 minutes. Washington journal continues. Host roben farzad is a talkshow host. Where can people hear you on the radio . Guest on some cloud, on twitter radio, and wrir. Host we want to talk about gas prices now down. The stock market continues to reach more highs. What can we expect in 2015 . Guest who wouldve thought when we are so low in 2008 2009, people said oil will never fall below 100 per barrel. People thought the United States would never look comparatively well vis a vis other markets. Here we are, the most desired stock market. Host what does this mean long term . Especially as far as gas prices, many expected to stay low. Guest no one really expected this gusher of shell oil to come out of the midwest. North dakota is bigger than the smallest member of opec ecuador. Who would have thought. Host what does this mean for the keystone debate . Guest if youre flooding th