Markets after the dow falls 300 points. Futures modestly higher. Dish going over the top. Streaming tv for 20 a month. No contract cable box, a few channels will it accelerate cordcutting . The 114th Congress Sworn in today at washington. Falling gas prices in focus. Futures on the rise the morning after the worst day for stocks at about three months. Losers in the Energy Sector. Oil prices fall below 50 since 2009. I guess its your sense there is more to go. I think theres big supply problem. Meaning we just dont have any place to put it. People dont understand in the last few months there was dramatic growth. Eagle ford in texas. There is a gigantic amount of oil to hit the gulf of mexico. Big wells drilled initially and were caused come on. What matters, youve got to look at this in perspective. Only 2 of the job growth was directly or indirectly related to oil. There are only 16 states that produce oil in this country. Roughly 10 of the population is possibly at risk in terms of co
Good evening, everyone. President obama taking a strong stand today on an open and free internet. He called for strict new rules that would regulate the internet and web access as if it were a public utility like electricity or water. Specifically the president is asking the federal Communications Commission to reclassify web access to prevent cable and Telephone Companies from providing special access to some content providers. Cable Company Stocks sold off sharply on news of president obamas proposal. Time warner cable tumbling 5 . Comcast the parent of cnbc, which produces this broadcast, down 4 . Charter communications was the hardest hit, off more than 6 . And cablevision lost about 1 1 2 . Eamon jaggers has more on the president s call for neutrali neutrality. The president has gone farther today than he has before in the Net Neutrality debate. Whether or not Internet Service providers can charge different speeds or speed up or slow down service to particular websites based on wh
All of the new years losses and more on hopes for more stimulus measures in the euro zone and encouraging data here at home about jobs. Just one day ahead of the december jobs report from the labor department. So heres how the markets looked at the closing bell. The dow surging 323 points today with all 30 dow components making gains. The nasdaq gained 85 and the s p up by 36 points with all ten sectors ending higher. More on the good news about jobs. Labor department reporting first time jobless claims fell by 4,000 last kweek. Now cover near 13 year lows. Even though there were nearly 30,000 planned corporate payoffs in december, the Outplacement Firm Challenger Gray and christmas, overall, 2014 had the fewest number of announced job cuts since 1997. Well the december unemployment report is due out tomorrow and expected to be strong. According to dow jones, economists expect to see job gains of about 240,000 and the Unemployment Rate forecasted to fall to 5. 7 . Stewart hawkman joini
Good evening, everyone. President obama taking a strong stand today on an open and free internet. He called for strict new rules that would regulate the internet and web access as if it were a public utility like electricity or water. Specifically the president is asking the federal Communications Commission to reclassify web access to prevent cable and Telephone Companies from providing special access to some content providers. Cable Company Stocks sold off sharply on news of president obamas proposal. Time warner cable tumbling 5 . Comcast the parent of cnbc, which produces this broadcast, down 4 . Charter communications was the hardest hit, off more than 6 . And cablevision lost about 1 1 2 . Eamon jaggers has more on the president s call for neutrali neutrality. The president has gone farther today than he has before in the Net Neutrality debate. Whether or not Internet Service providers can charge different speeds or speed up or slow down service to particular websites based on wh
More on hopes for more stimulus measures in the euro zone and encouraging data here at home about jobs. Just one day ahead of the december jobs report from the labor department. So heres how the markets looked at the closing bell. The dow surging 323 points today with all 30 dow components making gains. The nasdaq gained 85 and the s p up by 36 points with all ten sectors ending higher. More on the good news about jobs. Labor department reporting first time jobless claims fell by 4,000 last kweek. Now cover near 13 year lows. Even though there were nearly 30,000 planned corporate payoffs in december, the Outplacement Firm Challenger Gray and christmas, overall, 2014 had the fewest number of announced job cuts since 1997. Well the december unemployment report is due out tomorrow and expected to be strong. According to dow jones, economists expect to see job gains of about 240,000 and the Unemployment Rate forecasted to fall to 5. 7 . Stewart hawkman joining us now for a preview and more