Coming up this morning. Took me a taco about it, Dagen Mcdowell, rose clip ceo managing partner mike murphy and twc managing partner Mitch Rochelle. Happy valentines day. Thank you for this. So sweet of you. Its a more important day for us. The cpi day. So excited about inflation day. Maria so worried, et cetera. All this comes back to a market improving. I dont have a problem. If the overall economy is improving, the market cannot fluctuations but a good thing overall. Dagen let me be the worrywart. Maria of course we want to get the Consumer Price index data to see how bad Inflationary Pressure is close to the third consecutive day. 200 points with another wild wind up trading despite gains at the close. The dow and s p 500 remain on pace. Worst month since august 2015. Nasa but the biggest monthly decline since january 2016. Mike murphy, what is your take . A little nervous. Nice rally from a three day rally, but its important to find that cpi. Its a basket of goods come in the pric
Bashir alassad. Tillerson this observation that the u. S. Has no leverage or role to play is false. We are working closely with russia who has the greatest influence on the assad regime and can bring a sod the regime to the negotiating table in geneva. Secretary tillerson said that Coalition Forces of taken amount of thearge countrys population and oil fields. It may have been the deadliest fight between citizens of the u. S. And russia since the cold war. According to people familiar with the matter, u. S. Forces and syria killed between 100 and more than 200 mercenaries, mostly russians fighting on behalf of syrian president bashir alassad. Attack on a base and a refinery. International community has led jordanian people down. Ability told the Russian News Agency that a large migrant influx into jordan, many of thems. Refugees, has made life difficult for his own citizens. There is a high price for shouldering a refugee burden and wishes the world would show them more sympathy. Globa
Santa clara county Government Lawyers Association which put out the ad. The group hasnt endorsed any in the race but said they couldnt stand idly by while oliverio campaigned. Somebody who has demonstrated a complete and utter lack of judgment as to how to treat his own employees shouldnt be responsible for heading up thousands of female employees. Reporter do you have an issue or problem with Sexual Harassment in the workplace . I do not personally. But i know it exists in our society and globally. Obviously its been in the news. Reporter we shared the ad with oliverio. This is a desperate attempt by the union bosses to try to, you know, control the board of supervisors by smearing. These allegations had no merit and they were dropped against me. Reporter oliverio says he will continue fighting for the issues that afflict the county Like Health Care and housing. Last night the Group Democratic activists for women now voted unanimously to oppose oliverios candidacy for the board of sup
Street. You see the s p 500 and the nasdaq the nasdaq is up about a third of a percent, dow industrials unchanged, but still showing negative today. Exxon mobil and chevron, the biggest u. S. Energy producers, hunkering down for a prolonged stretch of week prices. They posted their worst quarterly performance in three years. The lowestting profit since 2009. Chevron reported its lowest profit in more than 12 years. The marketcing route forcing 2. 5 billion in writedowns and charges. 1. 5 . Brent crude down gold futures, they are up. Beenet they really have the driver year. Looking at treasuries, you see buying there. It is so much more sensitive to where Interest Rates are headed than on the longer end of the yield curve. That 10 point 2 . Look at the 10year yield over the past month. Coming down we do not measure by percentages, but 15 basis points. 2. 2 . At looking at currencies, the dollar takes a hit today. Look at my bloomberg terminal. The eci, the employment cost the big legut
Holding company with that name, alphabe in an effort to shake up the way the firm is organized. And the new Holding Company will include the business that google is best known for. Search. The news which came after the close of trading sent shares higher initially in the afterhours session, as you see there. John ford is here with what this move means for the company and for shareholders who either own the stock directly or through etfs and funds. Was this reorganization in any way rumored and what does it do . Not rumored at all. Had to do a doubletake to make sure this was real. This company,indeed, called alphabet, within it will it exist google inc. And that company has a new ceo. Larry page, the former ceo of google is going to be the ceo of alphabet. The ceo of google is going to be a guy named Sundar Pichai, served as googles chief operating officer up to this point. As of q4 he will be the ceo, including under his watch will be, yes, search and pretty much all of the revenue pr