Twoparty system doesnt mean we have to be in perpetual conflict. I think i have shown that to be true at critical times in the past. I hope the president gives me the chance to show it again. Republicans added to the majority in the house and will have their biggest advantage since the late 1940s. Republicans may president obama the issue, forcing democrats to run away from him. The white house is distancing itself from democrats who lost saying it is the quality of the candidates that determines whether they are successful. President obama has invited leaders from both parties to meet with him on friday. Paul ryan says republicans are willing to work with the president up to a point. I think we should work with him on bills that move our principles in the right direction. Yes, if there are certain issues we see so opposite on, and we should define ourselves with our actions by passing bills that he may very well detailed. Republicans also won governor races in battleground states and
Pumping on this for six years in a partly for whatever he is going to do tomorrow night, continues to refuse to deal with congress. Shameless plug, you can watch the president speech right here on Bloomberg Television. Coverage begins at 8 00 p. M. Eastern time. Florida, there was a shooting early this morning on the Florida State campus. Three students were wounded at the universitys library. Police shot and killed the suspected gunman. Officials sent an alert to students to seek shelter. Another sign that china may need more economic stimulus to hold a slowdown. One gauge of chinese factory int to a sixmonth low novembers adjusted monetary easing is failing to boost growth. Chinas economy is headed for its lowest fullyear growth in more than two decades. Wants answers from the Japanese Company that made faulty air bags. Senate committee holds a hearing today on air blamed the number of deaths, more than 8 million cars equipped with takata airbags in the u. S. Have been recalled. So f
According to people friendly with the matter, they have had discussions about a potential acquisition or joint venture. Verizon is interested in aol technology that deals with the automated buying and selling of ads online and wants to expand its mobile video offerings. New Republican Congress goes to work in washington today. First thing on the to do list, keeping the fight in the family. John faces the challenge to his leadership from two house republicans, one from texas and one from florida have announced they will run for speaker. Their chances are slim. They would need to find 30 republicans were willing to vote against john boehner. In florida, samesex marriages are now legal. The dan was originally set to expire today, but couples in miamidade council got an announcement when the judge cleared the way for samesex weddings to begin a day early. They are now legal in 36 states and the district of columbia. Katy perry is rehearsing for the super bowl starting today. You will be up
Congress would approve it. Im confident if we reach a verifiable and assures that iran does not have breakout capacity, that not only can i persuade congress, but i can persuade the American People that it is the right thing to do. Iran has said its new Clear Program is only being used for peaceful purposes. Here at home, republicans are stepping up their offensive against president obamaS Immigration order. Senator ted cruz of texas as the president can impose his own immigration laws unilaterally, the next president can impose his own laws as well. He spoke on fox television. For four to five main people here illegally, his promising to print up and get work authorization, essentially, he is gotten the job of counterfeiting immigration papers because theres still Legal Authority to do what he is doing. Ted cruz says he has a solution as long as the president S Immigration order is in effect, the senate should refuse to confirm any of his nominees except for crucial National Security
Trying to sustain economic momentum. The stocks reacting negatively to that news. Read things on the economic front. 8 30 initial jobless claims. 9 45 Bloomberg Consumer comfort. No jobs report tomorrow. It will be next friday. Storm hittingr the northeast. We will get updates from bonnie schneider. Bring it in close. The winter boots. Broke them out early. Is that ok . Likes it is ok. Eight inches in new york. Possibly 14 outside in places like boston. There we are. Futures up nicely. If you did nothing since thanksgiving, you had to dive and in january. The yield is a big story. Euro a little bit weaker. Nymex crude has done nothing for one month, two months . The vix did not move down that much. 13. 72. The difference in yield. A stronger chinese currency off the good economic data. Brent crude does nothing. Is what the pros are looking at. They are looking at the yield difference between the two and the 10. Down we go through 2013. We come back to a steeper yield. What does the ste