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The third rail pierced the front cabin and came up through the train. Thats a horrible horrible situation. Thats the train my father takes every day. Among big business stories were watching this morning if you read on jobs the adp employment report is coming up. Forecasters say the economy likely added 245,000 private sector jobs last month. Greece started debt swap talks with the imf. The new government wants to restructure its debt after receiving 275 billion in bailout money since 2010 and in china a post mortem of stimulus central bank making a basis point universal cut in banks reserves ratio as policy makers try to encourage banks to lend. Shell join us in just a moment to discuss. First theres a couple of stocks to watch this morning that we want to keep you abreast of. Disney shares getting a boost after results were better than wall street was expecting. Its blockbuster film frozen is still hot driving Home Entertainment ....
Summit. Anyway, its not causing any delays even though theres activity out there and the fog is actually creeping into our Golden Gate Bridge cam moved in, in the last halfhour. So watch out for that. Visibility is going to be an issue this morning coming out of sausalito into San Francisco. And chp issued its own dense fog advisory for the bay bridge. The roadwork though on the upper deck coming into San Francisco should be cleared by now. And just some slight delays in the cash lanes at the toll plaza itself. And a lot of the roadwork should be cleared as well up and down the nimitz freeway including that roadwork southbound 880 at davis. Everything looks good now actually between san leandro and oakland. Its wear a brown dress to work day. It is. Thats right. We started this day. [ laughter ] there you go. I hear it ....
Simon is my partner today down at the nyse. Hi, simon. Hello, sue. We have a moving situation on the floor here at the new york stock exchange. We were down about 180 points on the dow. Were rapidly coming back now. Apparently on a New York Times report that suggests that House Speaker boehner is willing now to go back into negotiations with the white house, with obama, in order to end that threat, yk, that we have not just on the debt of the United States, the debt ceiling, but clearly day three now of the Government Shutdown. Most major assets are in negative territory. The one standout are treasuries which you might say perhaps ironically are rallying, and therefore the yield on the tenyear has come down to 2. 6 , more or less, 2. 6 . Gold is down. Oil is down ....
The stage is set for him to run for president in 2016. Dont forget about the continuing obamacare disaster. Todays problem comes from the Insurance Companies on the federal exchange. They say the administration is forcing them to retroactively cover people wo dont sign up in time, and they may not be able to make it happen. A day after these angry tech ceos complained to president obamas face about nsa snooping, it now look like some changes are already in the works. All those stories and much more coming up in the kudlow report, beginning right now. Good evening, everyone. Im larry kudlow. This is the kudlow report. We live here at 7 00 p. M. Eastern, 4 00 p. M. Pacific. The fed taper and soaring stock market. Here is our very own steve liesman. Good evening, larry. Federal reserve essentially tea at least steps. a billion the treasuries. Second, announcing a schedule for tapering. About an even 10 billion monthly or every d ....
Melissa so on jobs day, here is food for thought. It is now easier to get a job at Goldman Sachs than it is for walmart. What does that mean for the jobs Market Going Forward . Here our very own Charlie Gasparino, along with economist, Michelle Girard and peter morici. Welcome to all of you. There is up tick in people working part time. How you make the whole goldman, walmart thing make sense i dont know. Michelle, what do you think . That up tick follows two months of decline. Those numbers are also volatile. But i do think youre right. It speaks for the fact, vast many of individuals, who may be on lower end of Educational Attainment or age, theyre still struggling, looking for work. As you s ....