Trying to sustain economic momentum. The stocks reacting negatively to that news. Read things on the economic front. 8 30 initial jobless claims. 9 45 Bloomberg Consumer comfort. No jobs report tomorrow. It will be next friday. Storm hittingr the northeast. We will get updates from bonnie schneider. Bring it in close. The winter boots. Broke them out early. Is that ok . Likes it is ok. Eight inches in new york. Possibly 14 outside in places like boston. There we are. Futures up nicely. If you did nothing since thanksgiving, you had to dive and in january. The yield is a big story. Euro a little bit weaker. Nymex crude has done nothing for one month, two months . The vix did not move down that much. 13. 72. The difference in yield. A stronger chinese currency off the good economic data. Brent crude does nothing. Is what the pros are looking at. They are looking at the yield difference between the two and the 10. Down we go through 2013. We come back to a steeper yield. What does the ste
Can Ceo Reed Hastings do to keep the momentum going . A massive snowstorm is west butng the mid businesses hoping to stay ahead with new smart files. A problem that will not vanish anytime soon for snapchat. Hackers broke into a database and swiped 4. 6 million user names and phone numbers. The information was published on redditt. The site was later taken down. In august, they were warned that they were vulnerable. At butched out to snapch have not yet heard back. Is aar to talk about it security and private researcher at the American Civil Liberties union. He is in washington, d. C. Joining us from cleveland is the ceo of tusted sec. This is a bad incident primarily because users are using the service because they think the company protects their privacy and security, but they has learned that snapchat taken a cavalier approach to their User Security and data. This should cause every user to question the entire purpose of the service. Securityes snapchats compared to other companies
We are getting manufacturing data out from the eurozone. We have seen a series of numbers coming out already this morning and we are waiting for the final number. 52. 7 is the number. The french number was weak, wasnt it . It came in at 47. German 54. 3. Areas of the periphery that had been weak in the past, such as spain actually strengthening. That was against a 48. 6 reading in november. Turning around, the spanish number. Later on the program, well speak to unicredit about the Oreign Exchange story. Fiat shares are surging this morning. They agreed to buy the remaining stake in chrysler it already doesnt own. It gives them full ownership of the u. S. Automaker. Ryan chilcote joins us with more. Marchionne finally gets the deal he was looking for. The stock is up more than 15 . You have to go back to april 2009 to see that kind of share price increase. Really extraordinary. Worth mentioning the Italian Stock Exchange has an upper limit of 10 . They waved it. Investors seem to like i
Is. That framed the 20062007 discussion. So just to cause right there again. During the debate less than a decade ago the real substantive discussion in the house of representatives was not whether they should be deported, and would assume they would all be deported from is also that they would all be found to be felons and criminals as we deported them. Now you advance the debate over the summer and one, the debate was being led enemies coordinated by leadership and the house of representatives. Thats a significant shift in ownership of the issue. You saw that in the first package of bills passed a bill to do with the Agricultural Workers come inside build to do with high skilled workers. And though we never got sort of, they never lifted the curtain on their final bill to deal with the children and undocumented, there was a complete absence from leadership and most of that party about deporting all 11 million. So to go from everyone being felons to just a question of everyone being a
The halt turning point seems to be fukushima. Cs was supposed to be helping. We get some Economic Data today as well. We will get new home sales figures. Itll probably show home sales slowing for the second month. Cest year for home sales sin 2008. Dallas fed manufacturing ofivity a key measure state manufacturing activity. Scarlet will be breaking down the caterpillar earnings, always a bellwether for global manufacturing. Will this big investment be petering out . The new construction in u. S. Homes, will that help . We cannot help but talk about apple. Cory johnson will join us later. Check. O a data i want to get through this in quick speed. Markets on the move, particularly in turkey. 4. 40. Es back up onto the Second Screen where we get into what is going on and the emerging markets. 12 to 18 while i was away. There is the quote on the argentinian peso. The turkish lira all over the place. A. M. And of the central bank sets an emergency meeting for tomorrow. We have a stronger li