Venezuela going crypto, raising 750 million in preorder for its oil dodge crypto currency. How it helps petro can stop its economic sales. From jeers to cheers as lindsay bond slams the haters after she fails to win the gold in south korea. An American Band sees a surge in popularity thanks to russia. A big night at the olympics last night. This wednesday morning. Dagen mcdowell, rose coceo managing partner mike murphy and benchmark managing partner kevin kelly. Weve got an actionpacked week with the Federal Reserve note. We would get a read through or not. We have seen yields are blowing out. The twoyear treasury is at its highest point since the lehman crash it to point to 6 . These are the minutes from the january meeting. Yields on the twoyear been as high as theyve been since 2008. That was an option yesterday. About a quarter of a trillion dollars in treasury being auctioned this week. Again, is the demand there for the subs supply. The demand is always there. Its just what you o
Midmorning reversal after the trading, and stocks gaining ever since. It is confounding, especially since the 10 year yield has remained higher. Earlys the highest since january 2014. If you willusing, recall, the selloff of stocks when it began a couple weeks ago, it was sparked by a higher in the jobsed report, which caused a spike in yields. Seeing that spike in yields, it is a different story for stocks. Over the course of the session as we saw stocks gain through the day. You see the lower open today, and stocks turning higher decisively after 10 00 a. M. And continuing decisively. , not just in stocks, but across the board, a more tone. N you see crude oil rising, and gold also rising, seen as an inflation hedge. It also goes up when people are looking for safety. Copper futures are rallying by 2 . Particularly when it comes to oil, the number at cushing was the key one. Total stocksushing falling from november by about half to where they were reported today. That is helping to g
Welcome back and it appears this morning the fate of the socalled dreamers is in limbo. The senate failed to move forward on four separate Immigration Reform proposals. Although the protections under the obama era daca program are due to start expiring on march 5th. Federal judges have stopped them from happening. And Party Planner and friend of First Lady Melania Trump was paid 26 million by the Trump Inaugural Committee to manage the inaugural event production. Stephanies personal share of that fee was 1. 6 million. The committee spent more than 90 million total on inaugural events. Mitt romney is likely to make his utah senate run official this morning. The 2012 republican president ial nominee is expected to release an online video declaring himself a candidate. Romneys name recognition and personal wealth make him a favorite to replace senator orrin hatch who is retiring. And now on to the olympics and the partys on right now in south korea because today is new years day on the lu
Boring. Glor no, its fascinating. This is the cbs evening news with jeff glor. Glor good evening. Were going to begin tonight in south florida where President Trump has arrived and is expected to meet with those who lost loved ones in the parkland shooting. Earlier today this is video of the president and first lady leaving air force one. Early today, the f. B. I. Admitted making what turned out to be a huge mistake in the weeks leading up to this attack. The bureau failed to follow up on a tip it got 40 days before the shooting that may have prevented this attack. Floridas governor is calling on the director of the f. B. I. To resign. Manuel bojorquez is in parkland tonight. Manny. Reporter well, jeff, the f. B. I. Said that tip came from someone close to the shooting suspect, and it wasnt the first time someone tried to warn the agency about nikolas cruz. Five and a half weeks before nikolas cruz allegedly gunned down 17 people at Stoneman Douglas high, the f. B. I. Says it received
We have seen swings in stocks today. At one point, all major averages were a little changed to slightly negative and an they are right now. Theyre gone back to little change. Bouncing around as investors consider and weigh not just the various earnings reports already out but, as scarlet alluded to, those to come. You look at the best performing stocks in the s p 500, most of them are earnings related or at least related to earnings in some way. In other words, even ebay, which is we have been talking about in itss pulling back paypal. Ship with at the same time, it says gross merchandise volume went up 10 . This has been a goal of the companys ceo to get back to doubledigit volume growth. They achieved that. Corvo is also rising. It won a contract from apple to get a key chip to connect its phones to the internet. Skywards is getting another supplier. I dekes laboratories coming out xx laboratories coming out above estimates. The worst percentage performers and the s p include tractor