Connell well other states now fall after michigan. Dagen the president of stubhub is here to talk all about it. Connell first, lets get to the floor of the new york stock exchange. Nicole 1. 2 billion share repurchase. They are buying back shares from the estate of a longtime shareholder. Here is a look at stocks this morning. Very busy. It was halted for news. There is the stock right now. Almost 134,000 a share. Of almost 2. 5 . Lets take a look at the Broader Market average. The dow is up five days in a row. Traders say that the trend continues to the upside. The dollar is lower. Back to you. Connell you mentioned bad day. First, the latest from capital hill. They say we are over the fiscal cliff, unless tax rates go up. The sign will come from the fed. We will know in the next 90 minutes. Former atlanta fed joins us now. How is the decision connected, do you think, to the fiscal cliff . It has to do with balancing risks. They do not want to risk the recovery that we have underway a
President obama. And remember when there was a reset button to signify resetting and establishing the relationship between the two countries and the president whispered that he would have more flexibility in his second term. What happened . Now, mr. Putin bans american adoptions because america has criticized russias cuban rights, oh, dear. The senate is in session, and the house will return late sunday and top lawmakers meet today at the white house. Theyve had months to reach a deal and still, there has been no deal and theres no negotiatable plan on the table. Their failure to do their jobs, thats my opinion. If it was you or me wed likely be fired by now. Rick newman from u. S. World and news report is here. Look, ive had it up to here with this. I think our viewers do, too, share this outrage . Yeah, i think ill have a meeting whether ill do my job or not. Stuart really . A lot of people have not been paying attention until recently. This is affecting the real economy and were goi
Take. Our economy is dependent on faith and credit that invested in it by investors around world. In other words there is a real even if intangible value to the save nests of investing in the United States and as we discussed many times in the past days and weeks threatening that. Does real harm and obviously default would cause even more harm but there was already a price that has been paid as we saw in october of 2011 and we have seen again now in the various ways that the flirtation with crossing that line and flirting with default has brought about consequences. He felt and feels it is the right position to take and again applaud the leaders of the senate for coming together and working out a bipartisan solution. Is there any concern even with this deal that downgrade from the Credit Rating agencies . I would refer you to treasury for that kind of assessment. We focus on the things that we control which is calling on congress to quickly act on this compromise agreement to ensure th
This is real money. Youre the most important part of the show so join our live conversation for the next half hour on twitter aj real money, real money, and facebook. Com aj real money. The home price climb is starting to slow down. The s and p come composite indt showed home prices nationwide were 13. 2 higher in january than a year ago. Thats a good jump. But its lower than the even bigger rises that were seeing much through 2013. Take a look at the monthtomonth changes and you see that prices fell in january for the theirs month running runningfor the third month running. The crazy weather is at least partly to blame for the slowdown. We saw the price drops in cities hardest hit by snow. Chicago, detroit, minneapolis and boston, all of these saw monthly drops although they were less than 1 . Februarys weather was no better, and were seeing confirmation of that in fays home sales, they fell 3. 3 compared to january. But spring could see a housing rebound partially because of that pen
This is real money. Youre the most important part of the show so join our live conversation for the next half hour on twitter aj real money, real money, and facebook. Com aj real money. The home price climb is starting to slow down. The s and p come composite index that showed home prices nationwide were 13. 2 higher in january than a year ago. Thats a good jump. But its lower than the even bigger rises that were seeing much through 2013. Take a look at the monthtomonth changes and you see that prices fell in january for the theirs month running runningfor the third month running. The crazy weather is at least partly to blame for the slowdown. We saw the price drops in cities hardest hit by snow. Chicago, detroit, minneapolis and boston, all of these saw monthly drops although they were less than 1 . Februarys weather was no better, and were seeing confirmation of that in fays home sales, they fell 3. 3 compared to january. But spring could see a housing rebound partially because of th