Told us that the economy, equality, education, and immigration were all top issues. Our judges have finalize their decisions for one grand prize winner, and four firstplace winners. There are 150 prizes in all, and one fan favorite selected by you. We are happy to announce our top Prize Winners. Our grand prize winner is a 10th grader from jenks, oklahoma. Olivias winning documentary titled up to our necks addresses the federal debt. How exactly does america get up to its neck in debt . Every year a budget is formed, throwing out large sums of federal money are donated to several areas. The first is discretionary spending, which in 2015 received 1. 7 trillion. The second section is mandatory spending, which received 2. 45 trillion in 2015. Lastly, there is interest on the federal debt, which received 229 billion. As our grand prize winner, she wins 5,000 for her documentary and the cspan bus will travel to her school so we can present her with the check for the grand prize. Our first p
A few minutes for an interview. Rublessian leader and the as the fed rats at its meetings today. Is it time to say time to say goodbye to opec . If the oil cartel cannot affect price anymore, what is the . On assignment. Is he may be back in a few minutes, but in the meantime, a very special cohost today. Of weisenthal is the editor bloomberg markets, but that is not why hes on. Your hair looks so good. To matt miller, obviously fantastic. But standalone, it still looks good. Its time to start the top business stories of the morning. We have seen some very big swings in the ruble today, but nothing like yesterday. The ruble soared more than 8 at the open, fell back, and now again it is strengthening against the u. S. Dollar. Russia intervened for the second day in a row, buying rubles out in the open market. Meanwhile, russia said it will keep well production steady over the next year. That sent oil prices down as much as 3 . West texas intermediate has been trading below 55 per barrel
Whatever. As we saw today with the averages getting hit hard in the morning, only to recover later in the day. Dow only falling just 59 points. Remember, how ugly it was in the morning . And the nasdaq climbing 0. 08 . You would need a microscope to see that decline. By the way, did you notice anything special about todays close . Me neither. All right. You saw the whole kit and caboodle this morning. The whole frightening specter to ecke stat exuberance firsthand. I love squawk. If you didnt hear it, today you missed a virtuoso performance from Erskine Bowles of Simpson Bowles fame. Bowles was real calm when discussing the Government Shutdown. Basically waxing philosophical like the rest of us this political, kabuki. I pondered how resigned he was about it. Pretty much like the rest of us, right . This shutdown has become business as usual. Even as two million workers are faced with all kinds of sacrifice and the Ripple Effect will hurt the economy, without the insurance money flowing
Whatever. As we saw today with the averages getting hit hard in the morning, only to recover later in the day. Dow only falling just 59 points. Remember how ugly it was in the morning . And the nasdaq climbing 0. 08 . You would need a microscope to see that decline. By the way, did you notice anything special about todays close . Me neither. All right. You saw the whole kit and caboodle this morning. The whole frightening specter to ecstatic exuberance firsthand. I love squawk. If you didnt hear it, today you missed a virtuoso performance from Erskine Bowles of Simpson Bowles fame. Bowles was real calm when discussing the Government Shutdown. Basically waxing philosophical like the rest of us this political, kabuki. I pondered how resigned he was about it. Pretty much like the rest of us, right . This shutdown has become business as usual. Even as two million workers are faced with all kinds of sacrifice and the Ripple Effect will hurt the economy, without the insurance money flowing i
Event tomorrow, ali baba. While todays market gained 109 points, nasdaq jumping 6. 8 t. Real story is tomorrow it can be projectilesed at 68 a share tonight a. Very good price for those able to get stock on the deal a. Very good one, indeed. To you, for days now, i have been hearing about how bad ali babas ipo could be for the stockmarket. I hear that its overvalued. Sell, sell, sell that its too high. Sell, sell, sell that it has omake ownership. Sell, sell, sell of course its a sign of a on the. Sell, sell, sell. The house of pain so i thought id adjust these negatives head on tonight and say if you hate baseball, if you hate twitter, linkedin, google, j. D. Com because you think theyre ridiculously expensive at the height of absurdity. You should love, not hate, but love ali baba. Even ali baba opens at 8 a share. Could still be a buy, buy, buy it may be a buy even a couple points north of that, given it would given advisors who got in on the deal a bended average. Thats how they th