Months, bitcoin is not money. It was a bad day for reckless folks that invented it. Cant say i didnt warn you. We have breaking news. A brand new Time Magazine cover story written by steve bril that says president barack obama considered scrapping the entire obama care website just a few weeks after it was launched. Well have bril on the show later on. All those stories and much more coming up on the kudlow report beginning right now. Good evening everyone. Im larry kudlow. This is the kudlow report. Were live here 4 00 pacific. The stocks closed at an all thyme low today. Good evening robert. Hi larry. We finally made it. Closing highs across the board for the s p 500, russell 2000 and mid cap. Stocks slowly climbed higher as janet yellen in the senate. Theyre monitoring closely in case theres a fundamental problem. Those were soothing words in the congress. Shes got the wise grandma College Professor way. The question was differential. Jcpenney was up big time, loss not as bad as exp
We have another horror story to tell you about. Wait until you see the confusing, even threatening Obamacare Tax language in the new tax forms that no one understands. The down side of marijuana is out there. While everyone focuses on the financial effect of colorados legal pot industry, tonight cnbc will premiere a new documentary that also looks at the dangers of this gateway drug and the serious challenge now facing colorados parents. All those stories and much more coming up in the kudlow report beginning right now. Good evening, everyone. Im larry kudlow. This is the kudlow report. We are live here at 7 00 p. M. Eastern, 4 00 p. M. Pacific. We have three developing stories for you right at the top of the show. First lets go to arizona, where everyone is waiting for Arizona Governor jan brewer to sign or veto a controversial Sexual Orientation Discrimination Bill. Nbc news jay gray is live in phoenix for us this evening. Good evening, jay. I hear theres some movement going on. Repo
Stocks fell yesterday after the release of the fed minutes. The dow dropping about 90 points. You can see right there, 16,040 is the final trade. The s p 500 traded within a point of a new alltime high before falling 12 points by the end of the day. The futures this morning, at least at this point, is weaker. Just barely, though. The dow futures down by 8. 5 points. Dow futures off by 11. 5 points. The Consumer Price index and the weekly jobless claims report, those will both hit the wires at 8 30 a. M. Eastern tim. Cpi is expected to rise by 0. 2 . First time claims are expected to come in at 335,000. And joe ill send it over to you. All right, beck. Tesla shares. Where is your mike . Oh, im sorry. What . Never mind. I heard you. You threw me all off, beck. Can i start over again . Yeah. Take two. Tesla shares are Opening Statement rise action. Tesla shares are on the rise. Reported Fourth Quarter profit 33 cents a share. Tesla shoulder nearly 6900 model s vehicles during the quarter,
A phenomena that gloriously stopped today. Dow dropping 27 points, s p and the nasdaq both shedding 0. 1 . As we hit a legitimate bottom down about 6 , we have been rallying as if things are terrific and getting much better. You know what . Thats fabulous. Or at least it will be fabulous if it were true. But its not. Truth is, we have some good, we have some bad. Real concerns. As well as some pedestrian ones. So tonight were going to explore the notion of the two tracks. The track of sanity. All aboard and the track of recklessness. The track of rational. And the track of irrational. So we can make sure to stay on the right one. If were not careful the irrational track will end on the dreaded third rail. First, whats rational . Okay, well, we want stocks to go higher when they beat and raise expectations. We want stocks to go down when they miss expectations or do something that hurts their earnings. When nothing happens, well guess what, we want nothing to happen. We want stocks to d
From Michelle Carusocabrera in a few minutes, but first andrew is here with the top stories. Thank you, becky. Hope everyone had a great weekend. In corporate headlines we have a big one, netflix need for speed at the center of the big deal. A new deal with our Parent Company comcast. The two sides have struck a deal under which netflix is paying comcast for faster delivery of the video streaming service. This marks the first such agreement for netflix and is sparking speculation that other content providers may also strike similar deals. Were going to talk a lot about this throughout the program with a lot of implications, also potentiality time warner. And the whatsapp suffering an outage it blamed on a malfunctioning networking router. The founder there issues an apology to 450 million users of the service. Last week facebook bought whatsapp in a deal that could be up to 19 billion. Im wondering if there were a lot of people who didnt know what whatsapp was and caused a problem. And