Record highs for stocks, jobless claims out. Mario draghi speaking now in frankfurt. Cbs revealing terms of live treeming. Tesla reports record deliveries. Losses mount. Both stocks are in the green before the open. A lot for investors to digest this morning. The ecb keeping its benchmark Interest Rate at record lows. Ecb president draghi says the central bank expects to increase the size of its Balance Sheet toward 2012 levels. Opec cutting its Production Forecast project the it would fall by 2017. In the states, did fall. The Second Lowest level this year. Comes ahead of tomorrows key october jobs number. Between gas prices, jobs market, the market, politics, things are suddenly working in ways they werent a month ago. I had the ceo of Marathon Petroleum on. He is the best keeper of the number. Has 8,000 gas stations. What was so incredible was he said youre just not being bullish enough about what happens in this country when gasoline goes down. Maybe youre not bullish about whats h
Pim. Bond trading wrapping up at 2 15 eastern time. The saudi arabia stock markets, he has been admitted to a hospital for tests. There are reports now that sonar may have detected wreckage from the air asia flight which crashed after the weekend. It is the final day the 31st right, of 2014 . It is. Were done. This is it. Its actually the last day of 2014. Were on now for the sixth Straight Year of gains. That is the longest streak from 1991 to 1999. Lets just hope 2000 and 20011 arent on the horizon. Lets check the futures now. Yesterday with thin trading, well get back some of what we lost yet, up 42 almost 43 points on the dow. The s p is indicated to open higher by six points. And the nasdaq indicated to open higher as it gets closer and closer to that 5,000 level that we havent seen in such a long time. There is crude down 94 cents. 53. So below 355 even though thats supposed to be the bottom along with 60 65 70 75 and 85. Receipts take a quick look at the dollar. Well look at the
There is a big catch you need to know about. Can you hear me now . Gerri the best and worse companies in america. Who is top with consumers and who doesnt deserve your money. All that and more coming up on the willis report, where consumers are our business. We begin with a staggering 22 billion bombshell hidden in Barack Obamas 2016 budget. That is short fall created by the president s student loan forgiveness program. Called pay as you earn. I guess nobody is earning. Obama forced program on taxpayers, using executive action of the 22 dow billion price tag is 22 billion is tip of iceberg of another huge taxpayer bailout. Steve moore, chief economist from the Heritage Foundation and Fox News Contributor and john fund, National Affairs columnist for national review. Great to have you here. Steve, i will start with you. This 22 billion is size roughly of nasa budget or add up budget of interior plus epa. Is this any way to solve this 1. 2 trillion Student Loan Debt crisis . You know, i
And sidelined. Thats unacceptable. A student is under fire for hitting opposing players during a college bowl game. He could be kicked off the team for good today, tuesday december 30th, 2014. Good morning. Im savannah guthrie. Al is out in los angeles. Matt and natalie have the morning off. We have a lot to get to this morning. After three days, the airasia flight was located. Dozens of bodies have now been pulled from the java city. We are covering the story this morning. Katie, good morning to you. Reporter it is a tough day out here. Officials say they found wreckage and pulled about 40 bodies from the water. Relatives found out this news by watching live local television and seeing those bodies on air without any warning. There were 162 people on board this plane, that includes 17 kids and one baby. Overnight, indonesian officials confirmed the worse, having sighted debris and bodies in the water. Helicopter rescue teams were lowered into the java sea to recover wreckage. They als
Us, july 22nd, i am pam cook. And lets talk about the weather, it is big news this morning. You were not dreaming there was thunder and lightning last night. The observers say it is raining and i never remembered rain like this in july as a kid. I understand, after 87 days, even out towards antioch we have a little drippy out there. And it is kind of hit and miss, around roan far parkings probably towards Russian River and there is a cell off of just south of point ray that is beginning together move offshore and rain is out towards crocket, and it looks like the rain, out towards press on it pleasanton, it looks weak and there is still plenty coming up. I think marin county is more in line and tropical clouds are over us. There is still plenty to the south and southwest. We have a little bit of heating and we can pick up thunderstorm activity. 60s on the temperatures and off and on rain occasionally. Morning showers, the breeze is not too bad and i expect it to pick up, here is sal. W