Output of Energy Related products increased. Of course jobs are also the focus at the fed and how fast the economy creates them will be key to when the fed starts to raise shortterm Interest Rates expected sometime this year. On jobs the beige book says, quote, payrolls in variety of sectors expanded moderately during the reporting period. Melissa . Melissa peter, thank you so much. Lets bring in todays panel. Charlie gasparino, fox business senior correspondent. Pete hegseth ceo of concerned veterans of america. We have tony sayegh executive Vice President the jamestown associates. Peter and tony are fox news contributors. Lets dig into what you heard . I think, as all these reports are theyre backwards looking. Theyre looking at the past. I think what the markets are doing receipt now inputting some of the figures you heard him talk about some of these statistics and looking at it forward. It wasnt all positive. Weak demand manned for oil. Melissa right. Thats a negative for the econ
A stiptypical family could save 1100. They provide greater Economic Relief to low income households and Senior Citizens on fixed incomes. Even better they do not require a dime of taxpayer money. No one has to wrestle this tax cuts. Low prices patrolling are spending power. Residential heating down 1. 33 residential propane down 1. 40. Every dollar consumer save while fueling their cars and heating their home is one they can use to purchase other goods and services. This is all great news for American Consumers but not every one is celebrating lower energy prices. Crude is below break even prices. Russia iran and venezuela need Brent Crude Oil prices well past 100 per barrel to balance their budget. Mostly because brent crude prices have plummeted by 50 during the same time. On monday brent crude traded at 57 per barrel. Thats 58 less than its peak. Russia needs brent to trade around 107. Ie venezuela needs prices to go to 151. Around 50 of its annual budget from the oil and gas indust
Low gas prices act distributed to every american. A stiptypical family could save 1100. They provide greater Economic Relief to low income households and Senior Citizens on fixed incomes. Even better they do not require a dime of taxpayer money. No one has to wrestle this tax cuts. Low prices patrolling are spending power. Residential heating down 1. 33 residential propane down 1. 40. Every dollar consumer save while fueling their cars and heating their home is one they can use to purchase other goods and services. This is all great news for American Consumers but not every one is celebrating lower energy prices. Crude is below break even prices. Russia iran and venezuela need Brent Crude Oil prices well past 100 per barrel to balance their budget. Mostly because brent crude prices have plummeted by 50 during the same time. On monday brent crude traded at 57 per barrel. Thats 58 less than its peak. Russia needs brent to trade around 107. Ie venezuela needs prices to go to 151. Around 5
I. T. Includes a same sex marriage. Happy new year to you. Today obamacare officially kicked in for millions of americans. Hours before it went into effect though more changes. This time from a woman whom the president put on the Supreme Court. Hours before she rang in the new year, a lastminute surprise from sonia soto mayor. Just before celebrating in new york the Supreme Court justice blocked a key part of the president S Health Care law. Ruling religious groups should not be required to offer birth control. Soto mayor granted a decision came before hours before the Health Care Law came into effect. Cover millions who were previous uninsured. Anything to help my family out thats what were going odo. The administration hopes 7 million will join by march 31st when open enrollment ends. A lot of people go at it as if they dont care. Nothing going to happen to me. Then you need it and you panic. Controversy continues to block the law. Sticker shock is frustrating many. How does the aver
This is real money. You are the most important part of the show, so join our live conversation for the next half hour on twitter, and facebook. Americas economy is kicking off the new year on solid ground. U. S. Factory activity held near a 2. 5year high. Also construction spending, reaching levels not seen in almost five years. Construction and manufacturing got hit hard in the recession, but both appear to be set to accelerate in 2014. And thats making big news on wall street. The new years optimism is being fuelled in part by the spectacular return of the stock market in 2013. The dow saw gains of 26. 5 for the year, and s p gained 29. 6 for the year. However, both indexes retreated almost 1 , following a negative economic report from china. The success of stocks in 2014 stands in stark contrast to the loss in bonds last year. Thats because making money on fixedincome investments is much harder when the Federal Reserve act to keep Interest Rates lower. The yield on tenyear treasury