A deal by late march, and there is apparently so much obvious pressure that iranian media portrays the United States as desperate for a deal. Also here tonight, critics blasting president obama all last week as an apologist in chief, saying his refusal to acknowledge radical islamist terrorists would only embolden them. Now with only two days into this week the administration yesterday warning of alshabaab terrorist threats against the mall of america, and today the Islamic State has kidnapped at least 150 christian men and women and children from a number of villages in northeastern syria. Well be taking all of this up tonight with former pentagon official k. T. Mcfarland here in moments. Senate Majority Leader Mitch Mcconnell came up with a plan to save republicans from themselves allowing the gop a graceful exit from the department of Homeland Security funding fight. Ive indicated to the democratic leader that id be happy to have his cooperation to advance the consideration of a cle
President ial inconvenience. I got my car towed. Reporter did that happen because she is a republican . No. But she is. Vice president of the state republican party. Unbeknownst to me an hour later the president s motorcade was going to be going by the street. Reporter fast forward to the next couple of days. Were going to have lots of street closures as a result and we want people to avoid the area so that theyre not caught up in any traffic. Reporter San Francisco police have called off all Vacation Days and there will be lots of overtime like there has been in the past. In april when he was here for two days, um, i think that cost like 200,000. Reporter that is all on the city budget. Were pretty used to it here being inconvenienced by the president s flyby fundraising. But thats what he does. He comes in, treats us an atm machine and moves on to the next target. This is a constant tension that has happened with the modern presidency. Reporter Melissa Griffin caen is our kpix 5 poli
And two days, the federal government starts to regulate the internet. What is the rush . You have to pass this bill to see what is in it. Remember that . Delivery drivers for higher. The Meeting Place is the waffle house. Yes. It is happening. Passing and looking for a single word from janet yellen. We will not keep you waiting. Varney and company is about to begin. Janet yellen, you see her right there. Earlier, at about 1028 eastern time she said the Federal Reserve will not raise Interest Rates at least the next few federal meetings. Advanced guidance or forward guidance. You will hear about it before they do it. Anymore highlights . We will take you there live. By the way, she said that about not raising Interest Rates for a couple more fed meetings. The dow is up 20, maybe 30 points. It is now up 68 points. That is a lifetime high. 18,000. Got it. Strong profits. Strong sales at home depot. Home depot is still up three nearly four points. Look at apple. We have to follow this thin
Were better than expected. They make the biggest overseas acquisition snatching up their assets. The deal will help cut debt. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. On friday of course we heard news of greeces four month extension to its bailout program. That did come with the need for them to submit a list to its creditors of the necessary forms it was going to carry out. That was meant to be submitted yesterday. It has certainly been submitted by now because were getting use of whats on the greek reform list. It includes the fact that they say theyre going to consolidate Pension Funds and reform tax policy and fight evasion. They also said they will respect the privatizations where it has already been launched and theyll phase in a new approach to collective wage bargaining that does include new proposals. We just want to get you up to speed with the Market Reaction were seeing the Greek Stock Market is up better than 5 . Bond yields in g
Yellen uses the familiar word patience. She is always parity. Always patient. She laid out the process for raising rates in coming months while praising the economy. Listen. If Economic Conditions continue to improve, as the committee anticipates the committee will at some point begin considering an increase in the target range for the federal funds rate on a meeting by meeting basis. Before then, the committee will change its forward guidance. She is riveting. Yellens comments reenergizing markets. The dow and s p hitting new highs around on track to record levels. Im joined by charlie gasparino, monica crowley, online opinion editor for washington times. Fox news contributor. She is very business civil john lonski, moodys chief economist is with us as well. What did you make of what she said . She is listening to the market. The market doesnt want a rate hike anytime soon. Melissa no kidding. No threat of high every inflation. The hard to believe the zero percent fed funds rate has b