New data and uncertainty over tomorrows opec meeting. Well be leave in vienna with the latest porsche is unveiling a new model today. Ceo will be joining us in a first on cnbc interview coming up but while the dow and s p started off the session with alltime highs yet again, the nasdaq has been falling all day and Companies Like netflix, apple, amazon, theyre seeing big declines bertha combs has the news. So are the big tech cap stocks, investors calling it the great rotation today theyre taking profits on names that have run up so fast look at autodesk thats a case in point today, trading at alltime highs yesterday, tumbling on an earnings missed also announcing a 13 work force layoff, thats sending some jitters as well in tech. The biggest source of pain though overall is the sector now the Semiconductor Index has been leading the charge to alltime highs here at the nasdaq the index closing at a record high led by micron and invidia, both doubled this year invidia today seeing a chal
Florida. Were a border state, so im going to ask about immigration. I know that Washington State and florida have several things in common in terms of being border states [laughter] and i have been to canada, and i do love it up there. I wish i was back there. But florida is different in that we have a large immigration problem here that has now gone to another level. The representative bilirakis has decided to look the other way here in Newport Ritchie when weve had New Buildings built to house some of the immigrants that came here who were underage immigrants on the trains that obama let come here. And theyre now expanding their facilities here. And i just, i look at the situation, and i think my husbands been out of work for a year, and he was a plumbing mechanic for 30 years, and finding a job here is going to be much more difficult now that the president has decided to do this. Host okay. All right, ann, well leave it there and have the congressman weigh in. Guest well, a lot of a
Rejected. So my colleagues and i have been working with a wide variety of stakeholders, including many of you, to simplify things moving forward. Case in point is the qualified Residential Mortgage rule. As all of you know in august, six federal agencies including hud proposed a revised version of qrm to make it equal, qm. This is a direct result of the feedback weve received since the first proposal in 2011. You told us it needed to be refinded, and we listened. Refined, and we listened. Now our rule now some of our critics have called this a dilution of our rule. But as you know, qm itself is a very strong measure, as im sure director cordray will confirm later in the conference. And were confident that this will find the right balance between responsibility and opportunity moving forward. Another example of proper coordination is huds qualified mortgage rule which builds off the qualified mortgage definition set forth in cfpbs final rule. It extends the cfpb patch defining loans tha
Realize in the short term deal with the crisis that families are having, rebuild our economy. The budget we will have come to the floor proposed by mr. Ryan will take us in the wrong direction. With that, thank you, mr. Speaker, i yield back. The speaker pro tempore the time of the gentleman has expired. Pursuant to clause 12a of rule 1, the chair declares the house in recess until n prom and First Lady Michelle Obama are attending a Memorial Service in texas this afternoon for the victims of last weeks shooting at Fort Hood Army base that killed four people, including the gunman and wounded 16 others. President obama among those delivering remarks this afternoon. That will be live on cspan3 as well beginning at 3 00 p. M. Eastern. Lawmakers yesterday questioned the head of the u. S. Agency for International Development about the organizations funding of a social media platform in cuba, reportedly designed to stir political unrest, while administeror down played the report saying the p