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The horizon with energy experts. Plus, the drop in crude could be seeping into the Banking System of our neighbor to the north. The royal bank of canadas ceo joins us in a cnbc exclusive on the back of his companys earnings. Also ahead how much of what we see in the rally is the result of the fed trying to calm market volatility. Were live in jackson hole with the latest headlines. Dont forget, of course, the new york fed president , importantly, spoke today. He did. And markets are reacting. Lets get to full Team Coverage of these markets. Bob pisani tracking the moves here at the stock exchange. Courtney reagan over at the nasdaq. How do you feel going into the close today . Better than yesterday. I want to show you the dow. At this time yesterday, we were fading going into 3 00. That is not the case right now. Dow jones industrial average is essentially almost at the highs ....
Here. That ipo pricing at 14 last night. But right now you cannot get it for that price because you can see there its up to almost 24 bucks on the session. A huge move day one for the Cloud Company despite vocal skeptics. Theyre questioning their profitability. This feels like the debates we were having back in the 90s during the dotcom boom. Im not saying thats the case here, but off booming ipo with people wonder wrg is the money right now. Another bombshell from the president s tax plan. President obama wants to challenge College Change i should say College Savings plans known as 529s so the gains would be taxed as regular income. Right now they are taxedfree as you know as long as the money is used for a childs college education. The president says these plans only help rich people not the middle class and we will pu ....
Positive solutions to save and strengthen and secure medicare, medicaid and social security. And i cant wait to have our new members on the Budget Committee sink their teeth into these wonderful issues that are so important to solve if were going to get our fiscal house in order and create an economy that will thrive and grow. Third, i think that we have on the conservative side, we have either ignored or put on the back burner come back in, everyone grab their seats. Well begin our next session. We are excited to have congressman jeff duncan talk about his xpand act and the broader topic of energy across the country. I know senator demint is particularly excited the South Carolinaen on stage. I think you all know that jeff duncan has been a consistent conservative voice since coming to washington in 2010. That really, really important year of 2010. That class was really hu ....
Show. This is Aljazeera America. Good morning. Live from new york city, im randall pinkston. The United States nations said the crisis in yemen is growing course. Their top envoy resigned, stepping down citing what he called difficulties in the country. He has repeatedly expressed frustration with the political situation in yemen. He worked for five years to bring about peace there but it all unraveled when Houthi Rebels forced president hadi from power. Now the exiled former president seems to have been denied safe package from saudi arabia. We have more from saudi arabia. He actually expressed his frustration on several occasions particularly after the houthis take over sanna last september and on several other occasions after that, because many deals were signed with the houthis in which they pledged to retreat withd ....
Host that breakthrough year, is something that took leisa the president s press conference. It was highlighted in the paper today. Here is president obama yesterday talking about the economy and his 2014 being a breakthrough year. Up and whathat all it means is we head into next year with an economy that is stronger than it was when we started the year. More americans are finding work ad experiencing the pride of paycheck. We are positioned for new growth and new jobs and i firmly believe that 2014 can be a breakthrough year for america. Outlined in detail earlier this month we know there is a lot more we are going to have to do to restore opportunity and brought based progress for everyone. It is a good start that earlier this week for the first time in years both parties in both houses of congress came together to pass a budget. That unwinds some of the damaging sequester cuts that created headwinds for our economy. It clears the path for businesses and for investments that we need t ....