What . The accommodation all the qe hasnt been working anyway. I can be i can say the economy will be terrible too if my tools are totally ineffective and if youve got a fiscal situation and an administration i didnt see him. He did say that. It is pretty easy to be right when you know what youre doing isnt going to work or will be ineffective. That possess on sunday about the gender bias for the whole thing that went after, he went after him and said he wasnt fully quoted. He thought they took him out of context for something he said here on squawk box because that quote came from his conversation with squawk. Good for him. They changed it. I was reading margaret sullivan, the times editor who goes through all these things hes my you know, hes smart, and hes kind of good looking, i got a man crush, hes just you do. Hes my favorite. Not democrat anymore, but used to be a texas democrat. He may be my favorite, i dont know, former democrat. In earnings news today, we already heard from a
Stamps. At the Stamp Program was left out of the house bill. We want to get your consideration about those. Oodstamp changes we will find out more about it. Give us your comments as well. Heres how you can do so if you want to reach out to us on social media, on twitter it cspanwj. And you can always send this e mail at journal cspan. Org. This is from an Associated Press story hill here to fill us more is Alan Ferguson is Alan Ferguson. Ellen ferguson. Some of the people on facebook and twitter are commenting that there are already work requirements attached to those receiving food stamps. There are work requirements. What for presented of sutherland is trying to do is he believes there are too many loopholes. There is not enough uniformity and a greater emphasis on work. Think when people talk about work requirements when it comes to people on snap or food stap mps is we are talking about 90 of people recieving benifits and not working. It is a smaller universe than that. Talking abo
Early 2008 dropping to 326,000. The average of new claims over the past month fell by a smaller 4,500, the lowest level in ten weeks. David and the top floor auto sellers in the country posted double digit yearoveryear gains amid continued demand for trucks. General motors led the pack with a 16 percent increase in sales. Liz its going to cost more to put gasoline in the engines of those. Take a look at crude rallying nearly 3 today on increased optimism about future Energy Demand following better than expected economic data, specifically manufacturing data in the form of the ism. Prices rose 2. 86 settling at 107. 89 a barrel. David and billionaire carl icahn has filed a lawsuit to try to block dell from setting a new record date ahead of the crucial shareholder vote tomorrow. Icahn included a list of demands including that the ceo and his affiliates be prevented from voting any shares brought after february 5th. Liz more details on u. S. Manufacturing, the highest level in nearly two
Expectations. This stock will defintly be in focus today. In yesterdays trading action, the dow fell 26 points. A troubled outlook from caterpillar led the downfall. The nasdaq eeked out a one point gain, but apple was a big winner on the day with a 5 jump off of earnings. And the s p pulled back 6 points. Gold was off by 13, and oil lost 1. 91. In earnings afterhours last night, qualcom topped analysts targets with a 35 increase in revenue. Shares rose nearly 3 dollars in late trading. What better way to start your day than with a guy in a cow jacket . Scott shellady of treon group joins us now. Good morning, good to see you back on the show. Good morning. What trends do you see in the market right now . I think the one that were paying most attention to and focused on is were getting a little bit nervous about the consumer. The consumer has really been the one who lifted us out of the problems that were in right now, and i think thats slowing. Usually we can count on them to be growi
Good morning and welcome to march. Stocks try to finish the week with a climbing to record highs after, oh, a brief weakness yesterday into the close. The sequester deadline finally arrives with no compromise in sight. Plus, in Corporate News, groupon out. Its ceo and in an unusual cliff, wait until you hear the email that andrew mason sent to employees announcing his own firing. Ill ask ben white if politico got this email, too. Its friday, march 1st, 2013. Squawk box begins right now. Good morning, everybody. Welcome to squawk box here on cnbc. Im becky quick along with joe kernen and Andrew Ross Sorkin. Our guest host this hour is zach carabell. Also ben white who is politico chief economic correspondent. Gentlemen, welcome to both of you. Thank you for getting up early. It is a grait great day to have you both with us. Were talking about the wall street situation and washington. We have stocks and the sequester, the s p coming off its fourth straight month of gains. If you take a l