We do and 11 hours before the ball drops in times square. Floor traders pouring on the confetti in the floor there. Annual tradition at cme pch noon time on the corner of southwest jackson an south la salle. We dont know what to say about this, still apparently, no deal with less than 11 hours to go. The music says it best perhaps. Washington has been an absolute circus. Now in the center ring in 30 minutes, president obama is set to deliver his remarks, we will have them of course live for you here now on power lunch. Lets look at the countdown clock. If we dont get a deal before time slip slides away, spending cuts and tax hikes are indeed the order of the day on this new year. Happy new year, america. Im sue herrera. We will start with john har wood at the white house in a few minutes. But amman starts us out. It seems they are really hashing out details of what to do about the sequester, those are the massive spending cuts. How long you delay those down and otherwise pay for them s
Woodworking tools and supplies to generations of craftsmen. Woodcraft helping you make wood work. Gorilla glue for the toughest jobs on planet earth. Phillips okay. Now, its time to get busy over at the woodshop and do this beautiful door treatment together out of cherry. And you know what . Its an easy project. You just break it down into little pieces. Follow me. Before we get started on the project, make sure that you always read, understand, and follow all the instructions that come with the tools and products you use in your workshop. Work safely. These are safety glasses. Now, look at this new tablesaw system. See how that guard rises and falls with the blade . Well, thats important, because this europeanstyle riving knife is going to be where it should to prevent kickbacks, and theres a kickback pulse as well. Plus, theres one other feature that i really like. This split in the top of the guard well, when this guard is locked in place, you can sight straight down the split, and
Yeah, you can. Are you kidding me . Gmc. Proud to lend a helping hand to hometime. Dean we always like working with traditional materials in more of a modern way, and thats exactly what were doing here in the kitchen, mud room and bath area. Here you go lenny. Lenny well thanks. Dean now its traditional because were working with linoleum. This has been around since the 19th century. And modern because were working with a glueless, click lock system. Now were working with 3 different colors. A couple different sizes. I think a great looking design. And weve made some pretty Good Progress already in the mud room. Now typically when we install a plank floor what we like to do is start on a nice long wall. Lay the planks against that and then work our way out from there. But with all the cabinets around here, we really didnt have that option. So instead, we took a 2x2, snapped a chalk line and laid it along the chalk line and started laying from that 2x2 out. Isnt that right lenny . Dan th
Shooting at a federal installation blocks from the capitol and the white house. This is nightly Business Report for monday, september 16th. Good evening, everyone. Im tyler mathisen. And im sue herrera in for susie gharib. Stocks rallied today on news that former treasury secretary Larry Summers dropped out of the race to be the next chairman of the Federal Reserve. Saying his confirmation process would likely be acrimonious and it wouldnt serve the interests of the fed or the economy. Well talk more about summers decision and whats next for the fed in a moment. For today with summers out of contention traders believe the easy money policies will continue in the postbernanke era so the dow saw another tripledigit gain despite concerns about a horrific shooting alt a Navy Facility in washington, d. C. The dow closing well off the highs of the session but its still added 118 points. The s p was up 9. But the nasdaq ended down 4 points hurt by shares of apple which declined 3 on news that
Im tyler mathisen. And im sue herrera in for susie gharib. Stocks rallied today on news that former treasury secretary Larry Summers dropped out of the race to be the next chairman of the Federal Reserve. Saying his confirmation process would likely be acrimonious and it wouldnt serve the interests of the fed or the economy. Well talk more about summers decision and whats next for the fed in a moment. For today with summers out of contention traders believe the easy money policies will continue in the postbernanke era so the dow saw another tripledigit gain despite concerns about a horrific shooting alt a Navy Facility in washington, d. C. The dow closing well off the highs of the session but its still added 118 points. The s p was up 9. But the nasdaq ended down 4 points hurt by shares of apple which declined 3 on news that China Telecom was cutting back on sub ski dis for the iphone. Even before Lawrence Summers bowed out of the running to lead the Federal Reserve this was sure to be