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Going to the dealership. The most annoying things about all that technology we use. What bugs you most . All that and more coming up on the willis report, where consumers are our business. Gerri a lot going on in our hour tonight. Were awaiting a News Conference in advance to the highlyanticipated and longawaited fight between Floyd Mayweather, jr. An Manny Pacquiao. This is the only joint press conference the two will have leading up to their may 2nd showdown. Were waiting for the start and looks like it is imminent, we have other news to share with you. Fannie mae making headlines after a scathing review from a new government report. The federal Housing Finance agency filled a critical auditor position with somebody unqualified, potentially putting taxpayers b ....
It is an exclusive you wont see anywhere but on cnbc. As you were saying a positive month but ending with losses with the dow and s p 500 down for the third time in four days now. The nasdaq down for a fourth straight session. It is currently off by over 1 . The major averages up however, for the month of april. Having their biggest drops today, though since april 17th which is approximately two weeks ago. Check out oil, though having its best monthly gain in six years. Crude is up more than 24 over that period. Bertha coombs is at the nasdaq jackie deangeles at s p. Bob, is there something more to this . I think the problem is we have continuing concerns about the inability to get earnings up significantly. Were flat but not moving up very much. I think we would have ended april last week because youre right, we havent had any energy at all this week. Look at the s p 500. Were to the downside and moving sideways and were at the lows for the week. Really were having a lousy week overal ....
Gasparino reported. Jpmorgan is planning to spend billions of dollars to upgrade its Compliance Systems with all the new rules and regs they have. Lori show you some commodities. Crude oil closed lower and end the week just over 2 lower. Todays disappointing retail sales number and Consumer Confidence data, taking some of the heat out of the market. David apple which din do too well today and Wireless Companies began taking preorders for the new iphone 5 c today. It will sell for 99 on contract. Lori apple rival microsoft offering ipad users 200 bucks if they trade in their device for a surface tablet. No such luck or even other microsoft products. The tech giant apparently desperate trying to clear old inventory before a new surface debuts september 23rd. David the ads look pretty cool with the football gam ....
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