Healthcare. Gov numbers. Now it is your turn to weigh in. Democrats, 202 5853880, republicans 202 5853881, and independents, all others, 202 5853882. You can also send us a tweet cspanwj or post your comments on facebook. Com cspan and e mail us journal cspan. Org. Callsl get to your phone we thoughts in a minute, but have someone joining us on the phone. Everybody has known the numbers since yesterday afternoon and lots to say about them, but lets begin first with what the white house had to say when they released these numbers. [video clip] are you there . Guest hi. The white house was trying to downplay expectations about these numbers. Everyone knew that they would be poor, and yesterday, president obama did not have anything direct to say about them, but the administration was upbeat. They said the people are online and shopping in the marketplace. They predicted that enrollment would ramp up over time, which is what we have seen in other programs like Medicare Part d come and the
President obama saying his promise to keep the insurance is on him announcing a plan allowing americans to keep insurance plans that have been canceled. Rich edson live at washington, d. C. , with the very latest. Rich this plan would allow Insurance Companies to reissue their plans that they have canceled from 2013 and allow them to reissue those until 2014. However in order to do so state Insurance Commissioners would have to sign off on that in each state and your Insurance Company would have to reissue that plan. We heard from the Health Insurers saying allowing that could destabilize the market and result in higher premiums for consumers. They have already set their prices for next year, and they basically have base that pricing on the consumption that everyone would have the new obamacare plans. As for the president making the promise you could keep your Health Insurance that turned out not to be true, the president explained it. President obama my expectation was that for 98 of
She would be t first woman to head the fed. There was litt ranker and it appeared she will be easily coirmed before ben bernans term end on january 31st. The market sets rerds all week. The dow hit its third all time high all week as didhe s p 500. Thenasdaq hitting a 14year high. The markets continued to climb on friday. Sysco beat on profits buthe revenue was shortof expectations and it has poor guidance. The Company Stock got hit. The 23yearo founder of snap chat, a smart phonepplication that makes pictures disaear after they are sent rned dn an offer to be facook for 3 billion. Zeros in revenue and they turned down a an offer. Theyre hopul of a bigger offer down the road. The nominee to head the fed faces toh questions on capitol hill. Ining us now to talkbout l of that and a lotmore, heidi ore moand alison deans. Good see you. Thanks for joining s. Alison, the big news of the week, janet yellen in her senate hearing. It looks like s will be confirmed. It loo like she will continue
Nasty up the eastern seaboard through boston, physical, new york and soon head sfwhungd new add weg. Its not over. The forecast is 30 seconds away. The airlines are affected, not in a good way. Thousands of flights cancelled and delayed today. Weve got extensive coverage on how much damage this bad stretch of weather is doing to the economy. We call it frozenomics. And a media mega deal involving cnbcs Parent Company comcast. Its going to buy Time Warner Cable. Number one, number two, put them together. You got a big cable company. Shares of comcast right now, down about 4 1 3 . Time warner moving the other way, up better than 6 at 1 144. 20. And sue in the house. Messy getting in. Im here. Start with the weather. At one point snowing so hard the plows couldnt keep up. Its very unsafe today along large parts of the east coast and the storm isnt over yet. So heres the weather channels tom niziol. Winter storm packs one of the biggest winter storms for the u. S. So far this season. Over
Stretched, as she put it in her semiannual report to congress. It was probably more specific than any fed chair has ever been about targeted groups of stocks, and it certainly caught wall street and investors by surprise. Well have much more on ms. Yellen with analysis and views you will not find anywhere else, coming up here. Now, despite yellens warning, overall, the markets still on the cusp of new highs today. The dow only needs to gain 13 points to close to be a new record. Were above the 17,068 level at the moment, with a rally of about 14 points here. The dow just at about the 17,070 mark. So, we have turned things around, bill. We opened strong and sold off after that testimony and that report this morning. Now, though, it looks in the final hour here like we could yet close positive. It is certainly a possibility. And earnings season is hitting in full force. After the bell tonight, its intel, yahoo and csx all rep t reporting. In about an hour, well have the ceo of csx here e