host: maria bartiromo is the anchor or "closing bell with maria bartiromo." she also writes a column monthly for "usa today." first journalist to report live of the floor of the new york stock exchange in 1995. lansing, michigan. caller: hi. .'m happy to speak with maria she is exactly where i'm at. we were about to expand our business to a second restaurant. we could not because of what was happening on wall street. then we waited. "give it a year or two and the president would turn it around." he did not turn it around. was saved's job at gm by president obama. my restaurant has to make $1 million for me to pay all the employees and the 33 taxes we have in business. me and my husband only make $100,000. i pay 39% in taxes which is $30,000 or more. he pays $3,000. how is that there? host: thank you. maria bartiromo? guest: it is unfortunate. you have a large swath of people that are getting impacted by a significant taxes. look at the numbers. it is debatable whether this group should be combined with the so-called millionaire's and billionaires. raising tax

i find it extraordinary. >> host: maria bartiromo, this tweet from wild and wonderful maria.what changes to the tax code would have the greatest positive impact on truly small businesses? >> guest: well, i think small business is worried about falling under the ordinary income level. their taxes will go one up. i think the biggest impact would be a change in the tax code, including lumbering corporate taxpayers, but eliminating the loopholes. and that would eliminate the opportunity for, for example, private equity and hedge fund managers to follow under capital gains, which of course is much lower than ordinary income and have to go to ordinary income. if you lower the corporate tax, you create a better environment for business and perhaps if they don't feel the strain on their shoulders that they are going to see higher expenses in terms of their tax rates, they will likely put the money to work in terms of hiring more people. so i think the change in the tax code is one very significant idea. remember, these companies are facing an increased speed, and increase tax surroun

>>host: maria bartiromo 22 reit related to 2008.nta progressive we gave them absolute free rein levying to devastation of the economy. why should we do that again? >> day think obama has done all he can to prosecute bankers on wall street? >>guest: these are very important issues. i don't think anybody should add free rein but to we should not have been environment where businesses are afraid to spend money your hire workers per car at the end of the day business is where job creation happens. but that is not to say anybody should have free rein. during the 2008 financial crisis don't forget the structure of the country involves businesses overseen by government. financial committees and agencies oversee the banking sector, housing sector sector, those agencies were asleep at the wheel. i remember years ago barney frank said everybody should own a home. is the american dream. fell whole free-wheeling idea everybody i own a home was perpetrated and pushed forward. you also have to blame regulators for being asleep at the wheel. no wa

i'm maria bartiromo. big bend ben bombshell. the huge move and we see what it means for the markets and your money. >>> italy at the center of europe's storm as it tries to pull itself out from under a crushing debt burden. my conversation with prime minister mario monti and his surprising forecast. >>> then the ebd e end of men. not a prediction but a provocative new book about money and men and jobs. the "wall street journal report" begins right now. >> this is america's number one financial news program, "wall street journal report." now maria bartiromo. ♪ >> here's a look at what is making news as we head to a new week on wall street. the federal reserve is hoping the third time will be a charm. the open market committee announced a new buying program to keep rates low and boost the economy. the latest round of easing is different from previous ones in that it is open ended and has no end date. the so-called qe-3. the dow and s&p 500 hit the highest level since december of 2007. the nasdaq at the highest since november of 20

>>> hi everybody, welcome to "the wall street journal report," i'm maria bartiromo. happy labor day weekend, everybody. the chairman speaks, the republicans meet, and feeling the heat. the dog days of summer. but what will the markets do as we head do the f fall. >>> the state of the american labor and where will the jobs come from. my conversation with hilda solis. >> where is the innovation. >> the answer may surprise you, where young people are headed to lo for jobs. "the wall street journal report" begins right now. >>> this is america's mber one financial news program. "the wall street journal report." now, maria bartiromo. >>> first,t, though, let's get bill griffith with a look at the stories making headlines th week, bill? >>> thanks maria, here are stories making news as we head into a new week on wall street of the it is summertime, but will the living be easy? central baers from arnd the world are meeting in jackson hole, wyoming, they're waiting %o hear whether or not federal during his speech, he said he would not rule out fed would act to predict growth

i'm maria bartiromo. worries about europe return and what about the fiscal cliff? the market shoves on. what it means for your money. >>> the woman who kept the banks in business during the financial crisis. my conversation with former fdic chair sheila bair and the story she couldn't tell while she was on the job. >> so many lives are lost every day because of lack of access to clean drinking water. >> the remarkable partnership between a renowned inventor and corporate america that could save untold lives. it's the real thing. the "wall street journal report" begins right now. >> this is america's number one financial news program, "wall street journal report." now maria bartiromo. >> here's a look at what is making news as we head to a new week on wall street. disappointing news on the broadest measure of the size and strength of the economy in america. the reading of the gross domestic product shows the economy grew at a rate of 1 1/3 percent for the quarter down the previous reading of 1.7%. much of the change due to poor farm production in the midwest because

i'm maria bartiromo. the reagan republican who says america should go over the fiscal cliff. that's not the last of former budget director david stockman's controversial ideas. an interview you don't want to miss. >>> how safe is your money? the woman charged with watching the stock exchange tells us if she has enough laws or personnel to make sure. my conversation with s.e.c. chairman mary shapiro. >>> plus, it's a dirty business, but somebody's got to do it. why urban farming is looking up. the "wall street journal report" begins right now. >> this is america's number one financial news program, "the wall street journal report." now maria bartiromo. >>> here's a look what's making news as we head into a new week on wall street. more encouraging news about a turnaround in the housing sector. existing home sales jump nearly 8% last month. to a seasonally adjusted rate of 4.82 million homes. that was well above expectations. housing starts were up as well. increasing 2.3% in august. slightly below expectations, but single family home starts reached the highest level since apri

maria bartiromo is on assignment in all of the action in europe. she will let us know what she's hearing. >> she's in the right place at the right time with the global markets all rallying after the central bank announced the new bond buying program fuelling homes to a solution that we will talk about extensively over the next couple hours. on top of that we have a positive report on private payrolls showing good job growth in the private sector. that's ahead of tomorrow's jobs number. lots of hoping f hopes for thats well. the nasdaq composite hit a 12 year high today. >> yes, only just 2,000 more points to go. the douj right now is higher by 220 points. 13,267. strong gains across the board here. multidecade high and the s&p 500 is higher by 26 points. >> that is a four and a half year high. or there abouts. years near multiyear highs here, but will tomorrow's jobs number confirm or dispel this rally we're having today. will a good numb make the fed rethink the stimulus? >> we have steve leisman, rick santel santelli, jeff cox with us. we heard a

." >>> hi everybody welcome to "the wall street journal report," i'm maria bartiromo, we'll look at the jobs and the economy and what it means for the market and your money. >>> and moving to the middle, will president obama's economic policies shift to the center? if he wins, my conversation with the man who knows. >>> and a wall street watering hole where you still may find that three-drink lunch, harry's cafe. >>> and can she make the move from party-girl to mogul? "the wall street journal report" begins right now. >>> this is america's number one financial news program, "the wall street journal report." now, maria bartiromo. >>> but first, here is sue herera, with some of the stories and the headlines this week. over to you, sue. >>> thank you, maria, here is a look at what is making news as we head into a new week on wall street. it was a disappointing jobs report for the month of august, the labor department reported that the economy just created jobs well below the expected. but the unemployment rate fell to 8.3%, because fewer people were participating in the labor force. revisi

i'm maria bartiromo . how safe is your money? the woman charged with watching the stock exchange tells us if she has enough laws or personnel to make sure. my conversation with mary schapiro . >>> plus, it's a dirty business but somebody has to do it. why urban farming is looking up. the "wall street journal" report begins right now. sheerz here's a look at what is making news. more encouraging news about a turn arounden in the housing sector. existing home sales jumped nearly 8% last month to a seasonally adjusted rate of 4.82 million homes well above expectations. housing starts up as well, increasing 2.3% in august. slightly below expectations but single-family home starts reached the highest level since april of 2010. the dow industrials continued the streak of monday blues this week and it was flat midweek taking a breath after reaching highs last week. the markets were mixed on friday. the fedex and oracle reported earnings this week. fedex beat lowered expectation and forecast a gloomy remainder of the year. oracle met ear

and maria bartiromo is in italy preparing for a interview. even before the interview test getting firsthand intelligence on what's happening there that could impact us here. and tune in monday for maria's interview with mario monti. that's monday here on the "closing bell." tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime... tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 trade at charles schwab for $8.95 a trade. tdd#: 1-800-345-2550 open an account and trade up to tdd#: 1-800-345-2550 6 months commission-free online equity trading tdd#: 1-800-345-2550 with a $50,000 deposit. tdd#: 1-800-345-2550 call 1-866-294-5412. oh, he

maria bartiromo will be joining us soon from italy. a private payroll report is part of a recipe for a big rally today. all of the averages hitting multi-year highs by the close. all eyes tonight on president obama at the national convention. >>> let's show you near final figures here. we're going out near the highs of the day for all of the major averages. with the do you up, a gain of almost 1.9%. we're just about at that five year high there, aren't we? nasdaq is a 12 year high, and the s&p about a four and a half year high, a 2% gain there. >> investors cheering europe's bond buying plan today. is this market rally here to stay? especially in a months that historically one of the worst months of the year. >> we have our panel to weigh in as we look at our jobs reform tomorrow. meg mcclellin, and rick santelli is staying late for us. rick, what do you make of the market response today? very dramatic and strong. >> i agree it's government induced, but it doesn't change the fact that everybody in that s&p pit, if they choose to take o

. >> now, maria bartiromo. >> but first, here's sue herrera with the stories and headlines this week.anks, maria. here's a look at what's making news as we head into a new week on wall street. it was a disappointing jobs report. the labor department reporting the economy created 96,000 jobs well below expectations of about 125,000. but the unemployment rate did fall to 8.1% from 8.3%. but that's because fewer people were participating in the labor force. revisions to june and july data showed 41,000 fewer jobs were created than first reported. mario delivered. the european central bank president announced a new aggressive plan to help fight the fiscal crisis in europe and bring down borrowing rates for italy, spain and portugal. they will buy government bonds with maturities of three years or less and will have no limit to the amount that they can buy. countries that want ecb assistance would have to apply for it and meet economic reforms. the program will be monitored by the international monetary funds. the markets like that plan a lot. a monster rally on thursday fooling that annou

i'm maria bartiromo on the floor of the new york stock exchange. a big close after a big move from the federal reserve. we have a market closing in the triple digits. stocks soaring today on the latest fed move to help stimulate the economy. the major averages surging to multiyear highs. oil prices hitting a four-month high today. gold and silver rallying to six-month highs. does this latest fed move mean the economy is worse off than we thought? also ahead, donald trump says the head is doing more harm than good. should ben bernanke be fired if mitt romney wins the election? he joins us live in a few minutes. first, let's look at how the market is settling. volume picking up today. check that out. 722 million shares traded. the market up 1.5% up on the dow. s&p 500 tonight with financials also higher. technology up 23 points. the s&p 500 at 1459. talking about the highest close on the standard and poors since december 31st of 2007. federal reserve action certainly stimulating the markets today. that's for sure. is the short-term gain eventually go

hour number two continues now with maria bartiromo.eat weekend. >>> and it is 4:00 on wall street. do you know where your money is? hi, everybody. welcome back to the "closing bell." i'm maria bartiromo on the floor of the new york stock exchange. wall street's bears getting the last word in an otherwise solid third quarter. but it was a volatile final few minutes with the dow dropping by about 80 points just about ten minutes before the close only to recover, finishing with a loss of about 50 points. the s&p 500 also down for the sixth time in the past seven trading sessions. here's a silver lining. the benchmark index still rallied nearly 6% for the quarter. coming up in the program, we take a look at

maria bartiromo? guest: it is unfortunate. you have a large swath of people that are getting impacted by significant taxes. look at the numbers. it is debatable whether this group should be combined with the so-called millionaire's and billionaires. raising taxes on people, individuals making more than $250,000, that is a risky proposition. a good friend of mine works for government. her husband works for government. they bring in about $250,000. they have three kids. after they pay for food and kids and gas, there is nothing left over. they are living pretty much close to paycheck to paycheck. do not get me wrong. i am not saying $250,000 is not a lot of money. because it is. it doesn't add up. it is those people who are going to pull back and they are going to say, "i did not have the extra wiggle room to buy a new car." to buy a washing machine. all the things to keep the economy chugging along. the taxation debate is real. this is one of the big things that is dividing the country. host: bill in massachusetts. hi, bill. ca

i'm maria bartiromo at the new york stock exchange. the rally has lost some steam. >> good to see you, maria. i'm scott walker in for bill griffeth today. apple is up sharply after it began taking preorders today for the new iphone 5. that's adding to today's positive vibe on the street. even facebook is up, with the stock now rallying more than 15% this week alone. take a look at where we stand right now, one hour to go in this week on wall street. dow jones industrial average has been all over the place, but we are rising yet again. nasdaq playing along today as well. a gain of better than 1%. take a look at the s&p 500 which is higher today. let's take a closer look at today's rally. why investors seem to like the latest move by ben bernanke. john riding is not so convinced. he calls the move misguided and says the risks may outweigh the rewards. >> let's ask today's panel if they agree. joining us is paul christopher of wells fargo advisers, karen karen, and our own rick santelli. talk to us a bit about this. >> i'm not saying it's

♪ for more on the show check out our website and i hope you follow me on twitter and google+ @maria bartiromongs are up from nike and blackberry maker research in motion. she schiller inbest of my recollection dex gives us a window in to home prices in 20 cities in the nation and the reading of consumer confidence will be out on wednesday. on tuesday new home sales from the last month and the gdp the broadest measure of the health of the economy and a typically a market mor. that's the show for today. thank you for being with me. my guest next week, sheila behr. keep it here where wall street meets main street. i will see you next weekend. that fridge in your kitchen may have crossed this bridge. your new car probably rode these rails. that shipment you just received was tracked by satellite. we build and maintain. we invest and innovate. so we can deliver what america needs. this year alone, freight rail companies plan to spend twenty-three billion of their own money, not taxpayer dollars, to build bridges, maintain track, and develop new technologies to ep freight rail and our economy movin

off you was on from c m it was on with maria bartiromo the other day and i watched the interview and he was defending high frequency trading that is very good in this very thing that doesn't hurt the the the average trader and i have the agree with him i was completely against that but now if you take the high frequency traders out there are no more locals on the commodity floors and along with somebody like me that made markets go back and forth there are no more specialists on the floor of the stock market so if you took the high frequency trading out you'd have a bid and offer that a truck in the truck would go through and we just have a minute but where i want to bring this full circle to just show the impact of high frequency trading i may be somewhere where people don't really expect it we've seen crude oil go down recently and now i think it's up a little bit today but it was an eight week low where we are this is often attributed to demand and supply issues macroeconomic conditions concerns about growth in china news of stimulus in china. war conflict you actually think that

it's only welcome as gauche and computer driven proprietary nonsense goal of one of trading and maria bartiromo knows this but she doesn't talk about it because she's a propagandist because you daryn over to probably joe barry could go to a huge one go whatever his name is is another two well what that chart shows as the as you see that huge startling dip that's eighty percent of orders resting on the books than a showing so nana says of this this event tells us that either one firm controls eighty percent of this contract or that algorithms have become dangerously susceptible to herd behavior and could be triggered to stampede in a heartbeat could push a button and you can trigger the stampede because you can wreak a just the quantity of trades required to effect an uptick or downtick it's classic virtual specialist technology you can simply adjust the parameters of needed the protocols. to create an uptick or down kick triggering these the herd being aimed at or their herd can always be relied on to act in their worst interest that's the basis of modern capitalistic ski free and you can just

. >> kim kardashian and maria bartiromo in the same stage, pay per view coming up. stop! stop!p! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. call... and ask one of our insurance experts about it today. hello?! we believe our customers do their best out there in the world, and we do everything we can to be there for them when they need us. [car alarm blaring] call now and also ask about our 24/7 support and service. call... and lock in your rate for 12 months today. liberty mutual insurance. responsibility. what's your policy? >>> grease as we know has implemented several austerity measures. all to meet terms of the bailout plan they had last year, and now they have another concession. >> they're reportedly demanding greek leaders mandate a six day workweek for the next round of bailout funds. so go to work six days and then we will give you the

i'm maria bartiromo at the new york stock exchange. the dow on track for a two-day gain even as oil takes a real plunge. >> that's been the key feature. oil continuing in the slide. we have reasons for the oil slide. supply coming from saudi arabia. big jump in crude inventories reported this morning. that has pushed crude below several key technical levels. we'll talk more about oil and that plunge in just a moment. first, a look at where stocks stand right now. modest gains across the board with the dow up 50 points right now at 13,613. you can see we're just about near the high of the session right there. the nasdaq is up 10 1/2 points. that's the high for this session after a pretty volatile open this morning now at 3188 on the nasdaq index. the s&p 500 is up 51/3 points. can this market continue the winning streak even if it is in baby steps? will lower oil and gas prices help if oil keeps heading lower? that's been a leader in this market. there's also a new survey that shows investor confidence is improving, something that hasn'

we'll have more with maria bartiromo in the next hour, stay tuned. >>> and it is 4:00 on wall street, do you know where your money is? the market seesawing on wall street, and the office jobs report is out first thing on friday. where are they going from here? top market strategists will know shortly. and williams harrison would explain why he cannot disagree more with sandy wyles call to break up the big bants. the dow jones finishes positive about 12 points. volume under 600 million shares here. the nasdaq was down 5.75. it was had news last night for fedex. so what should investors be watching for now. i have doug sandler from river front investment group, ron insana, and rick santelli. >> yeah, that is really one of the only pieces of news that we could really sink our teeth into. when you hear march yes draghi and chairman bernanke, it's all rhetoric. when you hear companies saying we're lowering our forecasts, and these companies have their tentacles into just about every almost of the global economy, you have to take notice. >> doug, what do you think? that the fedex warning is

monti speaking to cnbc's maria bartiromo this weekend. >> on lake como no less. >> i believe that what italy is doing in terms of domestic policies both budgetary and fiscal discipline and structure reforms should be enough to reassure the markets. >> she he gegets all the good assignments. >> have you stayed there? >> a beautiful hotel. >> i don't know if she was staying there -- >> have you stayed there? you say, yeah, she stay there had. >> it's a great hotel and i proudly have stayed there. >> okay. good. finally. if you were it leave that hotel to drive to george clooney's place, how long did it take, would it take? >> i have not been -- this was years ago, but -- >> is he right near? >> i assume somewhere on that lake, yeah. it's a big lake, though. >> wonder if maria would see george clooney. >> she might. who was there from fox news? >> chris wallace. which is a weird -- >> interesting dynamic. >> they're buddies apparently. and maria, we'll have more from monti on closing bell this afternoon. all right. time for the global markets report. kelly evans standing by in london. not

i'm maria bartiromo on the floor of the new york stock exchange. stocks losing steam in the afternoon session with selling accelerating in the last 15 minutes of trading. investors looking to take profit ahead of this week's slew of key meetings by the federal reserve and european finance ministers. speaking of europe, don't miss my exclusive interview with italian prime minister mario monti. you'll hear what he says next about the eurozone, interest rates and the global economy. the answers will surprise you. stay tuned for that coming up. >>> take a look at how we're finishing wall street. down 52 points on industrial average. last trade on the blue chip average, the nasdaq composite weak. technology accelerating selling in the final hour as well, down 32 points on nasdaq. that was better than 1%. and the lows of the after at 3104 on nasdaq. s&p 500 gave up 8.75 points. markets in the holding pat western a big week ahead. the fed holding a two-day policy meeting with great expectations for more bond-buying action. we'll get the news on thursday.

i'm maria bartiromo at the new york stock exchange.rrows today, although blue chips managing to hold on to the gains we've seen. pretty good floor under the market here. down to poi20 points. >> so far. we'll see what happens. getting a lot of attention today is oils. now plunged 10% in the past two weeks. also on the minds of investors, fierce of more trouble in europe. violent protests over austerity measures do continue there. that's making people here worry more about ripple effects on our own markets. more on all that in a moment. first, get you caught up on the

i'm maria bartiromo on the floor of the new york stock exchange. if it's monday, you know the dow will be lower, i guess. today no expectation. the blue chip index closing lower for 15 out of the last 16 mondays. apple weighing down the nasdaq today, accounting for more than half of the losses at the nasdaq. investors disappointed after apple sold just 5 million iphone 5s in just a few days. some analyst predicted much higher results in three days. google set to close at a new high today. google and apple have made up 73% of the nasdaq 100's gains in the third quarter. a similar story all year. take a look at how we're finishing on wall street. dow jones industrial down 19.5 points. art cashin telling us earlier there were sale imbalances. 13,559 at the last trade on blue chip average. volume once again on the light side today on the heels of heavy volume friday with the s&p rebalance. s&p 500 giving up three points today, about 0.25, 1456. nasdaq gave up 20 points, to finish 3160. we're getting closer and closer to the election and more investors

i'm michelle cabrera in for maria bartiromo will who will be back tomorrow. here's what we're following at the close. the bulls and bears in a tug of war on wall street today. stocks trading in a tight range all day following fedex's lowered earnings outlook. top strategists are standing by to explain how you should be putting your money to work in it tough environment. >>> and a new high more apple. went to $702. stock set to close above $700 for the first time ever on explosive sales of the iphone 5. coming up, the ceo of at&t wireless explains how the device is impacting his company's bottom line. >> the dow is going to be the lone gainer of the major averages today with a gain of 11-plus points. i'd be interested it to know what the strength was. looked like it was pretty much across the board for the dow. the nasdaq and the s&p will be slightly lower when all is said and done today. so this fed-fueled rally from last week has been losing steam. but will it reignite at some point? what's it going to take to do that? >> joining us to discuss where we go fr

same logic, stephanie who linked actionalerts.com who works with me at the street and was on maria bartiromo's show this afternoon, she got the most compact rundown. believe it or not, it was the truck manufacturers and the part makers who stole the show. they're still way behind the market. for the record, i like eaton, which only has 11% truck parts but still trades to the group. i have to tell you, if you want to look at a stock that went off at the conference, take a look at cummins. they love the trucking group and they bought cummins. on wednesday i want to see if it holds great interest for people. standing room only for schlumberger? that would make me think they're going higher. global life science? biogen and celgene. but we have to gauge for more speculative names, including one you want to hear about i am going to give you on this show, and you don't want the miss it. two of our favorite retailers report wednesday, bed, bath & beyond and ascena. this is asna. it just bought charming shops. and i bet we find out that integration is performing extraordinarily. i see an upside surpris