Crude oil dropping below 28 a barrel. The fed keeping an eye globally on china. What impact is china having on their Tech Industry . We will speak with the former head of google china, kaifu who helped create Silicon Valley in china. We are about an hour away from the close of trade on janet yellen day. Has the latest. It was hard to read exactly how to interpret her comments. Julie she tried to tell that line and Michael Mckee kept saying the hippocratic oh, do no harm. It seems she succeeded on that front when it comes to risk assets and stocks today. She was watching the financial turmoil we have seen around the globe. But making it clear as she pretty much always does as she said, there is no preset path for rates here. The dow has been flirting with negative. It did just a while ago. Disney is putting pressure on it. The s p and the nasdaq Holding Better today. If you look at the course of the day, there was a little bit of bouncing around, but it has been positive throughout the
Five years. Our road map begins with the selloff in the markets. Renewed concerns about the economy. Just out, abercrombie and fitch ceo stepping down. A controversial figure on cramers wall of shame. Stocks up 8 . Verizon with a warning, a surge in new subscribers, but promotions and price cuts are going to hurt profits. First up, stocks on track to extend losses the day after the s p recorded its worst day since october. Got weakness in the energy sector. Got worries about the fed changing language. On december 16 and 17th. Something you were tweeting about at 4 00 this morning. Right. One of the things you have to accept is when we are doing better than everybody else, its ridiculous for the fed to stick by the considerable time. A lot of time has passed. Considerable time, there is a finite moment. If you keep saying considerable time, you are getting closer to that moment and were there. I dont even think necessarily that is whats causing this. China was just a big reversal. Greec
Speakers, interviews and viewer callins with authors. Sundays 9 00 p. M. Eastern, after words, women bureaus, talking about his book the asteroid threat. A documentary about the 1969 apollo 11 moon landing. Say day on the civil war and general shermans atlanta campaign. And the Supreme Court case burb versus for. Talk to us about the programs youre watching. On twitter use the hashtag c123, or email us at comments at cspan. Org. Join the cspan conversation. Like us on facebook. Follow us on twitter. Earlier this year the House Financial Services Committee Held a daylong hearing on the reauthorization of the Exportimport Bank. Its current authorization expires next month. Business, finance and bought officials including Exportimport Bank president Fred Hochberg, provided remarks on the role of the bank and compliance requirements made as part of its 2012 reauthorization. This portion. Hearing is just under two hours. The committee will come to order. We will now turn to our second panel
That is long overdue as far as im concerned and well get into it. I have to apologize. Senator widen is not here yesterday. But hes coming. In this town especially right here on this committee, we often talk in terms of hundreds of millions, billions or even trillions of dollars. Some joke about a number called budget dust even if that number has nine or 10 zeros behind it. But let me tell you about a number that is truly stunning, 15,800 dollars. Thats saved through hard work, sacrifice and honest living. Thats 800 saved for the down payment for a new house for a growing family. And that 15,800 in savings is wiped away by criminals who use fire confusion and intimidation as their weapons. This is a story of the degan family from utah. And i would like to play a news clip from kcbx to tell us their story. Can we do that . These crooks have gotten a lot more sophisticated and a lot more aggressive. But he learned that the hard way one week ago. Brendan and Melissa Degan are excited for
We are watching Credit Suisse said to be closing a deal with the u. S. To settle a tax evasion probe for more than 1 billion. Same time, we also had. Ome figures in from barclays theyre really trying to its top the exodus of senior dealmakers. Are from 2. 5 . Lets get over to berlin. David, you are watching adidas. Adidas has missed on sales and their net profits. The company is under pressure. One shareholder saying that it is incomprehensible that the ceo term has been extended through 2017. He says later this month, adidas is going to launch the biggest offensive in football ever. All right, we will watch that for a closely. We will get back to you in a couple of seconds. Ryan, we have a lot of Corporate News. We are watching Foreign Exchange , and overall we are watching ukraine, obviously. Particularly in a place yansk. There have been a lot of casualties. The airports in the Donetsk Region have been closed for the next 24 hours. People will recall that is what happened in some lo