Is doing as the head of that task force. However i have also been told that the president was a bit frustrated with the call that the cdc, the centers for Disease Control, had with reports yesterday in which they said the exposure or the risk for the coronavirus inside of the u. S. Is low, however, the chance for it spreading inside of the u. S. At some point down the line is likely. We are expecting the president here, to essentially address the American Public. The top Infectious Diseases doctor earlier today was asked what he thinks the president should say in light of all the messages that have been bouncing around and this was his response. Listen. At the present time things are under control here but realistically we need to be prepared for the possibility and maybe the likelihood we will see more cases here. The to the degree we can contain them women determine the impact on the country. Reporter liz, there is also a discrepancy on capitol hill the amount of funding needed to co
Flooding winds and a dangerous storm surge. Were all over it. How about this . A alltime high for the Dow Jones Industrial average. Were above 27,000 for the First Time Ever. The market performing so well, thanks to some might say to an underperforming economy that has the Federal Reserve set to cut Interest Rates. Gerri willis starts it off for us at the new york Stock Exchange. Hey, gerri. Connell, thats right. Were up 200 points. 61 points over 27,000 level. Therefore i can wear my hat. One is outshining the others. United healthcare is up 5 after the president decided to kill a proposal that would have overhauled rebates collected by the middlemen between insurance plans and drug companies. Unh owns optum rx. That is the biggest of these middlemen. Dow jones reported that unitedhealthcare was responsible for 200 points of the dows move. Also contributing to gains today, Goldman Sachs and boeing each up. You can see here nearly 2 . The move to 27,000 took 372 trading days. That is t
But Bernie Sanders. China its a huge day around the world and Varney Company is go to begin. A lot of tension and happening around the world thatc1 a lot of tension and happening around the world that will influence your income your 401 k and a lot of other things like commodities and on that note lets take a look at oil. Down more than 10 , were less than a week into the month and dothing again after being up a little earlier today a lot of news coming out of iran that could make that go lower or higher. Lets take a look at gold in the traditional safe haven, its down 15 at 1157. The ultimate i call it the safety if you will our yield. Obviously money pouring into u. S. Treasuries once again, dothing six basis points 2. 22 . Its amazing the last two weeks out of greece and Ashley Webster with the latest from athens. Ashley. Ashley hey good morning to you charles. Wel157 we continue to wait to see what happens in brussels. The greasis are b10ng asked to give a new proposal on how to ta
Putin more on what we can expect. The president also facing another test of the world stage. What to do about north korea and the launch of a Ballistic Missile. It claims it can reach the United States. They are holding an emergency meeting right now we will take either life. And raising taxes on the rich. Why a key member of the trump team may be pushing this controversial proposal they are among our guest this hour. Have another theory about this. Look at the Dow Jones Industrial average. The gain or loss is just a game. It is essentially waiting to see what happens with north korea the president in europe is meeting with andrea merkel. We get the jobs numbers so we are seeing some huge accident action in commodities. Nicole peddling is on pedaling is on the floor of the new york stock exchange. But first to oil. This is the biggie today. They would not agree. Just a month ago so it looked like there was a change in the air. The concern about the north korea slope situation. The adde
It is 9 00am in singapore, 1 00am in london and 2 00am in the morning in the swiss resort of davos, where president xijinping has told a gathering of elites from across the world that china wants to be a champion of free trade and stability. Mr xi made no direct reference to donald trump, but his comments are in stark contrast to mr trumps America First vision. The chinese leader warned against a trade war with the us, saying there would be no winners. 0ur Economics editor kamal ahmed has this report. He arrived with full security detail. The president of china, here to speak to an eager audience of political and business leaders. Mr xi didnt actually mention President Elect donald j trump. He didnt need to. The message was clear. Translation pursuing protectionism is just like locking oneself in a dark room. While wind and rain may be kept outside, so are light and air. No one will emerge as a winner in a trade war. He also said that countries should redouble their commitment to the p