The sector . It is one of the biggest hedge funds in the world. A rare and exclusive look inside citadels super secret risk center. And this is a shocking story you need to hear. Isis setting up, yes, a 24hour i. T. Help desk for terrorists. How far reaching it is and the role of social media in the war on terror. We do begin with what could be a major setback for obamacare. United Health Shares are down about 5 as we speak with the insurance giant slashing its outlook and warning it may stop Offering Health plans to individuals through public exchanges established by the Affordable Care act. United health says it may exit the public exchanges by 2017 blaming continuing deterioration in the financial prospects of these individual plans. United health currently offers individual plans in 24 states covering more than half a million americans. Well, as ty said in the headlines, this news is dragging the other Health Insurers to the downside. Lets get Bertha Coombs in on this story for mor
After we saw contraction and our Steve Liesman has new information on where the crowd is standing at this time. Thanks very much. From positive to negative what was first reported at 0. 2 . The result of less growth and it made econ 50s less optimistic. Our cnbc update falling by 2 10 of a percentage point. With a wide range to 4 . Let me show you where people are. At 4 . Goldman right about the middle at 2. 4. Morgan stanley. We are now including that atlanta fed in the survey at 0. 8 . Some of the commentary saying we lowered the q2 estimate to 22 due to downward revisions of sales. Barclays saying it will point it an acceleration in activity in q2. The under performance of the economy is likely to extend the timeline for the first fed rate hike. Meanwhile new Research Shows the First Quarter productivity data are also suspect. In part because they rely on the gdp data. Productivity a critical measure averaging 1. 1 in the First Quarter over the past 30 years. That compares to the gr
The Nations Health care system at a crossroads. The twists and turns of the obamacare rollout are leaving concerned consumers to wonder what happens now and what will january 1st bring . Can the law with repealed be repealed . How can we clean up the mess created by obamacare . With more on this, Health Strategy associates and paul howard, a scholar at the manhattan institute. Lets just look at how in this law has laid waste in this country. Five Million People with no coverage, now the president and state insurance commissioners, regulators making law on the fly as they go. How can we clean up this mess . Well, look, the president s created a tremendous mess. Thai been working on this for three years. Theres no easy way to clean up the mess. You can start by looking at how the law is being implemented and say, look, lets delay key pieces of the law for a year, give people time to set up the web site, get it right, to take these huge costs off of individuals and Small Business for a wh
Good evening, everyone, im larry kudlow. This is the kudlow report. Insurance commissioners say his obama care champions are creating uncertainty. We need to explore what that means. Republican congressman brad wen cher and Strategy Associates and avik roy, author of how medicaid failed the core. , the Insurance Commissioners had problems with cancellation renewal. The back payment and payment mechanisms on the obama care website has yet to be ruled. Twoweek crunch period. Does that mean well . Kathleen sebelius is the former president of National Association of Insurance Commissioners. I keep youre not going to invite me to this program anymore because i keep asking the same question. Who is advising this president when it comes to how the Insurance Markets work . I dont get these guys. Join the crowd. I get that, too. No quarterback. Brad, let me go to you, congressman. Yesterday we had these revelations from mr. Chow, from the hhs. He says 30 to 40 of the website is not brok is not
Beneath the office of the president . The approach is not working, young people are not signing up, young people dont like it. The administration will not guarantee security. Your i. D. Is going astray. Obamacare is sliding ever deeper into chaos, but apple, the exact opposite. It signed a deal that opens up the fast china smart phonee market and the stock is going straight up almost like the good old days. Dont ignore the good news, 3. 6 Economic Growth in the summer quarter. Jobless claims below 300,000, but wouldnt you know it, stocks are down. Stay right there, im also going to make some waves later this hour over the Martin Bashir disgrace. Varney company is about to begin. Trading inspires your l. Tdd 18003452550 life inspires your trading. Tdd 1803452550 where others see fads. Tdd 18003452550. You see opportunities. Tdd 18003452550 at schwab, were here to help tdd 18003452550 turn inspiration into action. Tdd 18003452550 we have intuitive platforms tdd 18003452550 to help you di