Fury, like the world has never seen. Trade to the very latest on the escalating tension this morning. The new setting Global Markets on edge overnight. They are japan done one at a quarter . Moving europe, down 1 . In the dax in germany down one and a quarter . In the u. S. , you are opening for the average this morning. The u. S. Taking a cue from your. The s p 500 down one half of 1 of the nasdaq down two thirds of a percent. Disney set to land the doubt. The Company Announcing it will take on netflix with thirdquarter revenue missing analyst expectations for the stock down 3. 5 right now. Airlines have great test outage along the west coast. The latest coming out of the southwest. So much for computer passwords. He got them all wrong. There was break into their computer. Remember the gladstone cowboy this morning. Glen campbell dies after long battle with alzheimers. Joining us to talk all about it, dagen make powell, former president ial candidate in Arkansas Governor Mike Huckabee
Its my pleasure to announce the next speaker. Introduce the next speaker. He is the president of the American Action forum. Hes been a guest many times tamt Tax Policy Center and were always happy to hear him and hear the wisdom hes going to im part to us though he claims hes not. Doug has held many hats. Been an academic at syracuse university. He was director of Congressional Budget Office between 2003 and 2005 and worked on the president s council of economic advisors and early Bush Administration and he was director of the economic chief economist for john mccains president ial campaign in 2008. So he will hear maybe a different perspective from doug, but any way im sure you want to hear what the destination based cash flow tax is all and. Ill turn it other to dug. It is always a pleasure to come to the Tax Policy Center and i appreciate the chance to talk about this. Im at a little bit of a disadvantage because i didnt get a chance to hear everything that preceded me so im probabl
Been a guest many times at the Tax Policy Center and were always happy to doug has held many hats. He was director of the Congressional Budget Office between 2003 and 2005 and before that worked on the president s Council Economic advisors in early Bush Administration and director of the chief economist for john mccains president ial campaign in 2008. So we will hear maybe a different perspective from doug, but any way im sure you want to hear once more what the destination base flow tax is all about or anything else he wants to talk about. [ applause ] so it is always a pleasure to come to the tax policy sent around i appreciate the chance to talk about this. Im at a little bit of a disadvantage base didnt get a chance to hear everything that preceded me so im probably going to repeat things and i apologize in advance. But i wanted to talk broadly about the prospects for tax reform beginning with echoing what pam said, theres a consensus that it has to change, we need to have tax refo
Dramatically expanding their hours, walmart on Christmas Eve is open until 8 00 p. M. Target until 11 00 p. M. Coles has been open aroundtheclock, macys as well and that was end on Christmas Eve so if you are in a rush to get what you have and what you need and no time to deliver it these guys are telling you the rush and we are here. Connell mcshane is in the middle of all this in the ring. This is what i love, we have Connell Mcshane in the rain in the middle of all this. You are a soldier of shopping. Connell yesterday we talked about the effect the weather would have on retailers this Holiday Season and we did that report if i might remind you from the comfort of our own studio, today we are doing a record that has nothing to do with the weather and doing it in the middle of the pouring rain, n. Y. City, times square. I love being a out here with the people they you ran through the numbers and these people a finishing up their Christmas Shopping like the rest of us, 36 million is a
Rarely backed where we were in 07. Cheryl melissa and lori, you have another hour. Melissa dennis is always so optimistic. I love that. Lori it is a good balance. Always need to opinions or more. Melissa good evening, everyone. Lori the dow about 150 points away from closing at an alltime high. More with us on why companies are not quite as optimistic. Melissa the freshman representative returns to tell us what he learned and if you still is hopeful he can break washingtons bad habit. So i dont know. Lori but the market is waiting to hear from in the market. Lou dobbs weighs in. Melissa Nicole Petallides standing by. The dow at the height of the day right now. Nicole that is right. That is really where we are sitting at this time, the nasdaq composite slightly higher and a gain of one quarter of 1 the best they continue to watch the market trend to the upside so many traders waiting for some pullback yet they dont think it is coming this moment because we continue to move higher and hi