>> we're still going to be taking saudi oil, mexican oil, venezuelan oil, but why i think it's important to keep u.s. production going and keep this north american story alive is, it does mean in the end we're countries from a foreign policy perspective. right after 9/11 we were very concerned in the u.s. government with access to energy, you know, with places like nigeria because we never thought we'd have u.s. production, so we can have a different foreign policy relationship because we have this abundant resource in the u.s. >> let me ask you this, when you look at the jobs picture, plenty of people say this is a very good thing for u.s. jobs because anything that can keep this story going is in the u.s. economic and foreign policy interests. >> helima, tyson, thank you both for joining us today. we appreciate it. >>> up next we're "on the money," detroit dreams, the hot new cars from the auto show this year and what you might be driving if you are looking for new wheels. >>> and later, everyone's a winner! okay, not really. if you, like me, didn't strike it rich with powerball, it is

>> we're still going to be taking saudi oil, mexican oil, venezuelan oil, but why i think it's important to keep u.s. production going and keep this north american story alive is, it does mean in the end we're less dependent on these perspective. right after 9/11 we were very concerned in the u.s. government with access to energy, you know, with places like nigeria because we never thought we'd have u.s. production, so we can have a different foreign policy relationship because we have u.s. >> let me ask you this, when you look at the jobs picture, plenty of people say this is a very good thing for u.s. jobs because it will create those oil jobs we might not necessarily have otherwise, particularly with prices this low. >> when oil was going gang busters $80 and $100 a barrel, oil producing states like north dakota and texas were flying high. their state budgets were in surplus, employment was excellent, and then when oil prices went down, now we're seeing economic disruption in those states. >> helima, very quick last word. >> i mean, look, the u.s. production story is what caused price

joe and i were just talking about the mexican peso weakening and oil still soggy. barrel.to $32.10 a we are going to count you down to the opening of trading in asia. tom: do we really know what it's going to happen in asia? help me, joe. joe: i don't think so. trying to read some of the signals, but i don't think anyone has any idea in part because they changed the rules today. they had the rule in place that they would halt the market after a 7% decline. today, no training wheels. we don't know what is going to happen. had plans to put some circuit breakers in place and limit some of the selling, but now they have removed those and losses could exceed 7%. trading 30ou halt minutes into the day, the message you send is get your trades right. that causes a lot of anxiety. this is something bloomberg markets has worked on 472 times, nothing original by me. i will use the dow as a proxy. we are at the correction point for the most part. coming off a high. 14,000r market is in the vicinity. forgotten what going down mains. we are really not there yet, given the hyster

today we're going south of the border and we're going to make an a mexican enchilada we're goingo need some: we start with a hot pan, olive oil already in there. it's hot. we're going to throw in chopped onion. hear the sizzle. we have minuted garlic an just going to let that do its thing. we've got some frozen corn. we're going to add some cumin, chi powder, little bit of fresh lime juice and fresh chopped cilantro. now let's blend all of this. i turned the heat off. an over here, i've got some quinoa, that i already cooked prior to this i've got a couple of cans of blacked beans right out of the can that i rinsed an drained. and now take the veggies an put those in. i think i could have used a bigger bowl. we're going to mix all of this up. now mix very carefully. for you as home, i recommend using a bigger bowl. we have everything sort of mixed. now into a baking dish. i'm going to add this cheese here and now top it with more cheese. oven's at 350. cover with foil, goes right this for 20 minutes. it's been in here for ten minutes covered with aluminum we want to take it out, uncover and put it back for about ten more minu

as i mentioned earlier, if you look at the gdp associated with oil and gas in the united states. it's the equivalent of the mexican economy. that's significant. we shouldn't overlook that. it's close to 10% of all that we do in the united states. that should be part of the public discourse. it should be part of this national debate as we go through this election cycle. >> cat with tax notes. >> yes. >> thank you for having me. i know api is focused on the science and data, but you also talked about a pro-growth agenda. i'm curious what energy tax policies do you think would gain traction in congress, especially with the new leadership of house ways and means committee kevin brady chair from texas and the new speaker paul ryan. >> there's been a lot of conversation about the need for tax reform. i think that's a heavy lift to get that done in 2016 because of the election cycle, but i do believe there will be those that continue to talk about the tax reform approach. our view from a tax standpoint is we want to be treated equitably with everybody else. don't discriminate against individual industries. treat us like

oil. those three commodities have been pushing the stock down. chipotle mexican grill continuing a rebound that began yesterday on more positive analyst commentary. it looks like some investors are coming back in. thank you. mark crumpton has more from our news desk. mark: turkey's prime minister says tanks in on true -- and artillery's have attacked in iraq in syria. the retaliation for this week's suicide bombing that killed 10 tourists. he says the military carried out 500 strikes that carry extremist positions on the border with syria and along a turkish camp in northern iraq. iso says is behind a deadly attack in indonesia. a begin with a suicide bomber inside a starbucks. other attackers opened fire outside and set off more bombs. t those people are killed along with five of the attackers. iran said today it has met a key demand of the nuclear deal with the west. the core of the nation's only heavy water reactor has been removed. international inspectors will verify that here the nuclear deal inspires iran to end its ability to make nuclear weapons -- nucle

one mexican peso is worth a little more than five american cents. experts say the dramatic crash in oil prices have caused the rising interest rates from the u.s. federal reserve in december have also contributed to the fall making it harder for emerging market companies to repay their debts. >>> well a group of kids in gainsville got quite a surprise visit from a basketball star after a viral video spread across the internet. >> earlier this week a neighbor called police complaining kids were playing too loudly in the street. they were just playing ball. now officer bobby white decided to go out there and shoot hoops with the boys and white returned to the neighborhood with former orlando magic player shaquille o'neal. this happened saturday an they went head-to-head in a game on the street and o'neill stuck around and posed for pictures and signed basketballs. >> story of the weekend. that's so awesome. >> harder to tell whose the bigger man there. >> that's great. >>> volusia county teachers are fighting for changes in the district. >> the top of the hour the planned protest for this

oil, megared is easily absorbed by your body. megared. [gunfire] >> daniel: just incredible stroo there showing the mexican -- video there showing the mexican navy raiding the hideout of one of the world's most wanted men. look at the video inside el guzman's safehouse. it is filthy covered with food and trash. bullets littered the wall after they storm the home. a basement with what looked like a safe door. they raided the house and captured the drug kingpin. six of el chapo's associates were killed in that shootout. >>> mexico attorney general said an interview with rolling according to a mexican newspaper, intelligence teams took this photo tracking actor sean penn and a mexican actress as they arrived in guadalajara. the pair was on their way to meet the drug pin for the interview. el chapo escaped in july and was on the run until he was captured on friday. the u.s. has begun his extradition process but could take up to a year or longer. >>> happening today, the state gaming mission and attorney general maura healy will discuss to regulate fantasy sports sites. steve crosby posted a message on the gaming web site. the commission is read

ok, we're going to need a napkin dollar one mexican peso is now worth barely more than five cents. mexico is suffering from the dramatic crash in oil prices. 2003 this week. crude oil makes up 11-percent of its exports. also weighing on mexico is the u-s federal reserve. the fed raised interest rates in december. that sparked concern emerging market companies that borrowed in dollars would have a harder time repaying their debts. google is paying apple a hefty fee to keep its search bar on the iphone. there have been rumors for years.. but the actual amount has never been publicly disclosed. now.. according to a transcript of court proceedings from oracle's copyright lawsuit against google.. apple received 1-billion dollars from its rival in 2014. google also has an agreement that gives apple a percentage of all revenue google generates through apple devices. tax season has begun! and the i-r-s has a big warning for you! it's being called the biggest phone scam in history. here's a listen to that scam-- sot/real call: "before there want you or your attorney to give us a call back" (butted with) sot/real call: "within the next hour

oil, megared is easily absorbed by your body. megared. the difference is easy to absorb. >>> welcome back. the saga of the mexican drug lord is taking a new turn. "rolling stone" published a new interview. mexican authorities want to speak withenn after a secret el chapo was captured friday after escaping back in july. it eventually led to his arrest. >>> awards season officially upon us. it all started with last night's golden globes awards on nbc 6. >> julia, as always looks like a drag of a party. looks like no fun at all. >> boy, that must have been so boring, right, guys? a lot of hollywood probably night. and the 73rd annual event honored the year's best in tv and movies with a new surprises and memorable moments certainly. it proved a triple triumph for one hollywood drama. >> decap prodicaprio won best actor. >> but there's something else thatdicaprio did that has apeople talking and tweeting this morning. details on that in the next half hour. >> you've got my attention. thanks, julia. >>> if you're disappointsed you didn't win the power ball over the weekend, you're not alone, no one did. if you haveo c

oil. 32.64 a barrel. gold prices up $2 and 60 cents. >> cheryl: mentioning what the china government did with the yuang. the euro is trading against the pound, mexicano trading higher against the u.s. dollar and the yen slightly lower. >> lauren: the yield on the treasury, arised to 4 basis points. >> cheryl: the s&p 500 earnings are forecast to have dropped 4.2% in the fourth quarter. energy sector expected to be the biggest drag on s&p 500 results as oil prices continue to deline. alcoa first major company to report today. alcoa shares down since reaching highs back in 2015, other notable companies are intel and jpmorgan on thursday and citigroup wells fargo reporting on friday. that would be their second straight quarterly decline and that would meet the common definition of a profit recession. >> lauren: all right. today general motors faces first of six trials this year over deadly defective ignition in the cars. they're frequently used in products' liability litigation. general motors agreed to pay $2 billion, those covered 124 deaths and 275 injuries. >> cheryl: 2016 north america international autoshow begins today in detroit. all big automa

`qt"" jntq \]x tt4w`t2n`qt"" lzt& d0$ dollar one mexican peso is now worth barely more than five cents. mexico is suffering from the dramatic crash in oil prices. oil fell to is lowest since 2003 this week. crude oil makes up 11-percent of its exports. also weighing on mexico is the u-s federal reserve. the fed raised interest rates in december. that sparked concern emerging market companies that borrowed in dollars would have a harder time repaying their debts. google is paying apple a hefty fee to keep its search bar on the iphone. there have been rumors for years.. but the actual amount has never been publicly disclosed. now.. according to a transcript of court proceedings from oracle's copyright lawsuit against google.. apple received 1-billion dollars from its rival in 2014. google also has an agreement of all revenue google generates through apple devices. tax season has begun! and the i-r-s has a big warning for you! it's being called the biggest phone scam in history. here's a listen to that scam-- sot/real call: "before there is an arrest warrant issued? i want you or your attorney to give us a call back" (butted with) sot/real

oil, sank, 200. we had an 18 print on mexican peso earlier this morning just for a bit but francine, i know have -- i know you have been following the south african rand. the emerging-market currencies are having a tough time. -- let's bring it up. tom: she is going to staying -- saying frampton and a moment. francine: i did want to look at rand because we are seeing a lot more weakness. , sos linked to commodities watch out for the turkish lira, new zealand and australian currency, and the japanese yen. chinese stocks extended the worst selloff this year following last week's 10% plunge, but joseph stiglitz says does not worry too much about the risk of volatility. joseph: it is not a cataclysmic, it is a slow process of slowing down. there is no real news. what this does remind us as market rules matter. the way you structure those market rules can either diminish the volatility or increase the volatility. what we are seeing here in a sense is a consequence of some market rules that were not as well designed as they could be. enda curran is in iran. pboc,e, when we look at if we look at these chine

america's oil and natural gas industry supports approximately 1.2 trillion in u.s. gross domestic product. that's the equivalent of the size of the mexican economy, according to the world bank. fortunately, we know how to bring about america's brighter energy future, which means lower costs for american consumers, a cleaner environment, and american energy leadership because that is today's reality here in the united states. we call it the u.s. model. simultaneously the united states is leading the world in energy production. we have one of the strongest western economies, and we are leading the world in reducing greenhouse gas emissions. a trifecta of success unmatched by any other nation in the world. our nation's success is a global energy product and carbon reduction leader is rooted in the united states federal system which allows the states to be an active actor when it comes to how its energy resources are developed. our system of government working in combination with our long tradition of entrepreneurship and distinctive innovative spirit has led to world-leading reductions in carbon emissions now at near 20-year lows. as the st

who -- there will be lost jobs in places where it's no longer economical to track the oil out of the ground. >> mexicanl castillo could be questioned by her meeting with el chapo. we're getting our first look at text messages between castillo just -- the text described relief from both the attorney and del castillo that el chapo managed to escape. nbc has not independently confirmed the authenticity of those texts. el chapo behind bars right there in that prison, the same one he escaped from last july. now an update we've been following out of southern california, a natural gas leak that's forred thousaced thousan their homes. socal gas says it's too dangerous to keep trying to trap the gas. residents say emissions from the leak have been making them sick. >> and breaking news from the spothe supreme court saying it will hear the obama administration's immigration appeal. >> reporter: you know the case so well. this is the obama administration's revised immigration policy. it would allow adults to stay here longer if they're here illegally but they have children who are u.s. citizens. and, secondly, it

.< record low against the u-s dollar one mexican peso is now worth barely more than five cents. mexico is suffering from the dramatic crash in oil prices. oil fell to is lowest since 2003 this week. crude oil makes up 11-percent of its exports. also weighing on mexico is the u-s federal reserve. the fed raised interest rates in december. that sparked concern emerging market companies that borrowed in dollars would have a harder time repaying their debts. google is paying apple a hefty fee to keep its search bar on the iphone. but the actual amount has never been publicly disclosed. now.. according to a transcript of court proceedings from oracle's copyright lawsuit against google.. apple received $1-billion from its rival in 2014. google also has an agreement that gives apple a percentage of revenue google generates through apple devices. that's tonight's financial focus. let's go to karla huelga and weather first. the system that brought us a cloudy start to the weekend, could bring a stray sprinkle in the late night and overnight hours, and will be to our east by tomorrow morning. more sunshine is expected for sunday, with hig

. >>> first the mexican drug lord el chapo could soon be headed to the united states. his co your heart loves omega-3s. but the omega-3s in fish oil differ from megared krill oil. unlike fish oil, megared is easily absorbed by your body. megared. the difference is hershey' s miniatures. we pour ' em! we pass ' em! we pick ' em! delicious fun for everyone. hershey' s miniatures are mine, yours, our chocolate. find your sweet spot today with dunkin's chicken apple sausage sandwich. enjoy sweet apple and savory sausage together america runs on dunkin'. there's moving... and there's moving with move free ultra. it has triple-action support cartilage and bones. and unlike the big osteo-bi flex pills, it's all in one tiny pill. move free ultra. get your move on. >>> the mexican government has begun the processes of extradite extraditing drug lord joaquin el chapo guzman to the united states. he was on the run for six months after he was captured on friday nor a shootout in mexico friday nor a shootout in he escaped from a maximum security prison using a mile machine long tunnel. his defense attorney has filed six motions to defend the r

the mexican peso and rubel are doing a little bit better this morning. oilnder $30 a barrel as well. andt now to new york city, our first word. here is vonnie quinn. vonnie: the imf has cut its global economic forecast today. the global economy is expected downpand 3.4% this year, 3.6% -- down from 3.6% in october. china makes it official. the economy grew last year at the slowest rate in a generation. at a 6.9% base in 2015, in line with government targets but still the worst performance since 1990. manufacturing and retail sales slowed in the last three months of the year, but services became the biggest part of the economy. the united nations is documenting the deadly toll caused by islamic state in iraq. they report just released says nearly 19,000 civilians have been killed there in less than two years. havethan 36,000 others been wounded. yesterday another mass grave was discovered. u.n. study thee period from october 2014 until last year. sinces have been missing two helicopters collided last week during nighttime maneuvers. there is no sign that anyo

betty: and the mexican phone market is a big opportunity for flowing -- for foreign investors. thank you so much. still ahead, we are talking oilces, crude inventories will be out in just a few minutes. ♪ betty: live from bloomberg headquarters, you are watching bloomberg tv. we are waiting on the crude oil inventory numbers to come out. we are expecting a build up here. i'm looking on the bloomberg terminal at the screen with almost 4 million barrels that will be heading to our markets. julie hyman is standing by. this government industry report last night from the american petroleum institute and it looks like it will be bigger than anticipated. it came in at 8.4 million barrels -- about half of that is what analysts were anticipating. although the bloomberg survey of users found that there was a split between analysts and bloomberg users. we are seeing inventory in by 71,000s declining barrels, that is a bigger drop than was anticipated. bigger gaping at a in the gasoline inventory. declining by 4.1 million barrels. a little bit of a disconnect between crude and oil. the barrel does tend to take a little bit of time to shake

oil has fallen dramatically. a currencyes depreciation can the mexican so is strong so we will have to evaluate everything togethero see if the intervention is the answer to. john do you think: it's actually working? >> we think it's working. what you think because the objective has never been to fix a certain lever or defend a certain level. it's to smooth out the variations. and more than anything to what to show in the market. those objectives have been achieved. in that sense, we feel comfortable with the mechanism. as i said, we will revise it in the coming weeks. when you make that decision about revising or extending it, will you have a look at increasing the size of it as well? >> again, it depends on different factors. for me to attempt any amateurs that might change. you said it emerging-market economies and central banks should get ready for a severe shock. what did you mean? >> i think the last couple of weeks, we have seen there has been a lot of volatility in the markets. some markets have lost look 50. there has been some adjustments in foreign exchange rates. i think they are not really guided by f

mexican peso and a drop in energy-related shipping volume. the company operates railroads in the u.s. and mexico, and part of what it ships is crude oil, sand from fracking. shares of k.c. southern rose 4 1/2% today to 67.41. the aerospace company rockwell collins saw its revenue fall in part because of a drop in sales to the government and earnings were hurt by late shipments from a supplier. rockwell makes aviation equipment for commercial planes and the military. the company did, however, raise its full-year outlook because of the reinstatement of a tax credit. shares off 1 1/2% to 84.44. >> aig reportedly looking into spinning off its mortgage insurance business. that's according to reuters. the move comes as activist investor carl icahn is calling for a break-up of the company. shares of aig rose nearly 2% to 56.35. the first federal trial over general motors' faulty ignition switch has been dismissed because of questions about the plaintiff's claims. both sides requested the dismissal after the judge asked the parties yesterday to consider dropping the case when he concluded there was merit to gm's claim that a document was doct

mexican intelligence. we had a contact upon which we were able to facilitate an invitation. angela: and isis attacks an oil pipeline. angela: flames shoot up into the sky after an attack in yemen early this morning. the blast hit pipelines that connect storage tanks and a refinery that produces 150,000 barrels of oil per day. officials say the refinery and major pipelines were not damaged. a mostly arab coalition led by saudi arabia has been fighting a since march of last year. determined to show defiance , people in jakarta, indonesia held a vigil today at the site of an attack that killed seven people. they were joined by foreign ambassadors to show solidarity following yesterday' s attack that shocked the sprawling muslim country and raised fears of the extent of the influence of isis. police said the attack was funded by the militant group. the attackers are among those who died. 20 others were hurt. jim: tonight actor sean penn says his interview with drug kingpin joaquin el chapo guzman was designed to start a conversation about the policy of the war on drugs. penn is shooting down claims his visit w

other states where oil could hit housing is wyoming, west virginia and alaska. >>> new video capturing the military raid on mexican drug lord el chapo's hideout and new information on how he almost got away again. yet another tunnel. stay with us. i think it landed last tuesday. one second it's there. then, woosh, it's gone. i swear i saw it swallow seven people. seven. i just wish one of those people could have been mrs. johnson. [dog bark] trust me, we're dealing with a higher intelligence here. ♪ the all-new audi q7 is here. ♪ rheumatoid arthritis like me... and you're talking to a rheumatologist about a biologic, this is humira. this is humira helping to relieve my pain and protect my joints from further damage. this is humira helping me reach for more. doctors have been prescribing humira for more than 10 years. humira works for many adults. it targets and helps to block a specific source of inflammation that contrubutes to ra symptoms. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections and cancers, including lymphoma, have happened, as have blood, l

as i mentioned earlier, if you look at the gdp associated with oil and gas in the united states, it's the equivalent of the mexican economy. that's significant. we shouldn't overlook that. that's close to 10% of all that we do in the united states. that should be part of the public discourse, it should be part of this national debate as we go through this election cycle. >> thank you for having me. i know api is focused on the science and data. but you also talked about growth agenda. i'm curious, what energy tax policies do you think would gain traction in congress, especially with the new leadership of house ways and means committee chair and the new speaker paul ryan? >> well, i expect -- there's been a lot of conversation about the need for tax reform. and i expect that will be part of the debate. i think it's a heavy lift to get that done in 2016, because of the election cycle. but i do believe there will be those that will continue to talk about the tax reform approach. our view from a tax standpoint is we want to be treated equitable with everybody else. don't discriminate against individual industries. tre

commended mexican authorities for bravery in the attempt to recapture el chaco they say is that a high priority for both governments lazing on the abc news washington. well the news that broke over oil top bows meeting with sean penn even became the butt of a joke during last night's golden globe awards actor ricky gervais has hosted the awards show for the fourth time he started in his opening monologue with a joke that ended with applause but began with hesitant last to do this monologue and then go into hiding. kai even sean the show last night jer vase took shots at many of hollywood's finest with the golden globes over the race to oscar sunday is now officially underway special screening for the hollywood film concussion was held saturday night with a man who inspired the movie is based on dr bennett tomatoes. he's a pathologist to discover the disease experience by professional nfl players who sustain repeated concussions during their careers. we refer to is cte malo says he recommends this movie to all athletes at average family had to charge the release of spore which made it to nominate a job he stole my soul with the movie stars will smith he was nominated for golden globe

what does it mean that if oil is stable or up that the mexican peso is weaker and the ruble is weakeris that a precursor? for lower oilsor prices? johnathan: if rent goes lower, they get hit hard. the story for the morning is that brent is only up 1.5% despite what happened with saudi and iran is remarkable. i do not want to cherry pick the narrative. the longest story in the oil market just proves how resilient that is. you can have attention with saudi and iran and have the moves. tom: you cherry pick the discussion to go with asset. the more instability that you have, yes, it's bad for global markets. what will it mean for the election? if you look at somebody like bernie sanders who is able to pull together pensioners and city workers and students, it is this kind of activity. these are the people who vote in the primaries. it is so crazy it just might work. tom: to a person, every pro tells me the political dialogue will have next to zero affect on the markets. stephanie: will the markets have an effect on politics? tom: i would say minimal. david: the larger point here is that t

oil sinking right now right there. here is how the dollar is trading against key currencies this morning. euro down just a little bit. mexican just slightly. investors in the u.s. following another massively day of trading on friday. so far this year, this dow industrials and s&p 500 are down at least 8%. nasdaq composite is off more than 10% and so joining us now to break this with his take is bill, a chief economist. good morning, bill. what are you telling your clients this morning? >> one of the things and you can start with the frivolous report that is i got from major brokerage firms, to be perfectly honest, my feeding the way we saw an uptake early on the opening in europe this morning was the simple fact was forget oil, iran could be, will be and should be a major exporting nation both for here in the uk. that was the reason why we saw the early opening right now. but the simple fact is i'm telling my clients like anybody else remain in the bunksers, the market is still going to continue to correct itself. but one of the things i have to agree with and anybody who knows me, i was expecting the federal reserve to star

one mexican peso is now worth a little more than five american cents. experts say this dramatic crash independent oil prices caused the drop in mexico's currency. rising interest rates from the u.s. federal reserve in december have also contributed to the fall making it harder >>> well new images from outer space this morning take a look at the photos captured by nasa's telescope, nasa says this diamond like cluster of young stars is only about 500,000 years old including the brightest stars in the milky way. >>> today orlando commissioners are expected to aprove a land deal with the orlando city soccer club. owners of the team agreed to buy the land under the stadium from the city when they decided to privately fund the entire project. the team will pay the city $18 million, spread out over 15 years and the privately owned stadium will cost about $155 million and the stadium is expected to open for the start of the 2017 season and we'll let you know what happens starting on eye witness news at 4:00. >>> well this is a great story a group of kids in gainsville got a surprise visit from a basketball s

as i mentioned earlier, if you look at the gdp of oil and gas, it is the equivalent of the mexican economy. that's significant. we shouldn't overlook that. it's close to 10% of all we do in the united states. it should be part of the public discourse and part of the debate as we go through the election cycle. >> cat with tax notes. >> yes. >> thank you for having me. epi is focused on science ask data but also pro growth agenda. i'm curious what energy tax policies do you think would gain traction in congress, especially with new leadership of house ways and means committee, chair, with the congressman from texas and speaker paul ryan? >> there has been a lot of conversation about the need for tax reform. ive expect that will be part of the debate. i think it's a heavy lift to get it done in 2016 because of the election cycle. i believe there will be those who will continue to talk about the tax approach. we want to be treated with equity like everybody else. treat us like you do everybody else in the tax equation. by doing that, we believe we can compete on a global scale. the united stat

mexican peso was now barely worth more than a nickel. investors have been dumping stocks and currencies and snapped up assets that appear safe like u.s. government bond. as oil fell to the lowest level since 2003. traders soured more on mexican currency: up on news 9, how the blizzard is impacting our nation's capital there. the campaign trail is heating up. the big g.o.p. town hall in nashua. >> no one covers new hampshire like we do. now, wmur news 9 this morning. amy: good morning, everybody. it's 8:30 on a sunday morning. we begin with a live look from our hooksett camera. i-93 flowing smoothly there. here is a look at stories on the half hour. millions of people are digging out after being hit with heavy snowfall. one of the heaviest was washington d.c., some airlines are considering restarting limited service. a crash in eaton is under investigation, police say the yesterday. it crossed the centerline, crashed into the corner of a mobile home. republican presidential hopefuls took to the granite state to speak at the republican first in the nation town hall. only several of the candidates were able to make it to the event. we'll get to those stories an

oil. he'll stop illegal immigration by building a wall in our southern border that mexico will pay for. >> the footage used to show mexicans crossing the southern border of the united states was actually filmed by an italian television network in morocco in north africa. trump's campaign manager told nbc, no expletive, we can't say what he said. it's not the mexican border, but that is what our country is going to look like. this was 1,000% on purpose. they put out a more official statement. robert, why didn't they use all kinds of footage which is available from our network and elsewhere that has watched people running across our southern border from mexico? why would they choose to use the other picture from morocco? why would you do it on purpose? >> trump told me he had two key aims with this ad. it wasn't about the images, but the images had to be bleak. they had to be dark. almost apocalyptic to paint a picture of the united states and the way he views the united states. he wanted to make sure he had rally footage to capture what he thinks is his energy. that was his goal. not about getting u.s. footage or news foota

oil is trading today. 2 and a half percent. gold giving up $4 and 50 cents at 10.80 an ounce. >> nicole: mix bag here. the uk pound, canadian dollar, mexican peso all stronger against the greenback. >> lauren: on ten-year treasury, rise of more than 4 basis points. the ten u.s. sailers held by iran have been released. sailers were detained a day earlier after two navy patrol boats drifted, they did that because of mechanical problem. the nine men and one women were held overnight at an iranian base, reuters reporting that those sailers have been released. we are seeing that on some other sites as well. >> nicole: i'm pulling it up too. it's fourth quarter revenue fail ed by 13%. the company date manage to beat wall street expectations, but that was partly because of lower fuel costs and efficiency gains according to regulatory filing, 32% in the fourth quarter. coal has been crushed. >> lauren: coming up on mornings with maria, discusses investing in china. >> our view that in china 20-30 years from now the likely outcome that they will house 30% of global fortune 2,000 and they have a lot growth to go, but the dig differences, that's stil

oil-related etfs. thanks a lot, bob. chipotle shares are falling again after the mexican chain served a grand jury subpoena. jane wells has more for us now. >> hey, guys. i have four press releases so far coming in this afternoon from law firms now investigating chipotle on behalf of shareholders. when it rains it pours, and bad news for the chain whose motto is "food with integrity." the biggest surprise is that federal grand jury subpoena involving a norovirus outbreak at this chipotle last august. it didn't get a lot of coverage at the time. it was an isolated outbreak. but it sickened over 200 customers and employees, allegedly after an infected employee came to work. we've reached out about the potential criminal investigation. haven't heard back. chipotle only saying it is cooperating. the biggest pain in the stock price, though, is being felt as a result of the two e. coli outbreaks. and another norovirus incident in boston in the fourth quarter, same store sales are now expected to fall for the first time down over 14%. they fell as much as 37% kuduri one week in december. the silence in chipotle's

oil up $30. up 30.91, up a buck 38. gold pulling back. lauren: here is how the dollar is trading bense key currencies. strength? the u.k. pound, mexican peso againsts is dollar. nicole: treasury yield, 2.0. they run there when there is a little bit of fear -- 2.06. lauren: despite all the volatility it looks pretty good. major afterringrages heading into session. they are on track for the fourth down week in a row. holiday-shortened week was not so good. it is longest losing season for the averages in 15 months. we have james hughes, market analyst. he joins us by phone. good morning. >> good morning. lauren: do you feel relieved this morning or do you think there is more selling to come? >> there is sense of relief when ever we see more green on the board especially after couple of weeks which has been pretty who are rend disfor everyone. it has been a relief. we see this as bit more of a brief respite with the downside still to come. what is helping things today, is the fact that we've had yesterday ecb press conference which kind of pushed us see more stimulus into the market. that helped oil market as well. much helped everything

as i mentioned earlier, if you look at the gdp associated with oil and gas in the united states, it's the equivalent of the mexican economy. that's significant. we shouldn't overlook that. it's close to 10% of all that we do in the united states. that should be part of the public discourse, it should be part of this national debate as we go through this election cycle. >> cat -- [inaudible] with tax notes. >> yes. >> thank you for having me. i know api is focused on the science and data, but you also talked about a pro-growth agenda. so i'm curious, what energy tax policies do you think would gain traction in congress, especially with the new leadership of house ways and means committee member, chair brady from texas and the new speaker, paul ryan? >> well, i expect, you know, there's been a lot of conversation about the need for tax reform, and i expect that will be part of the debate. i think it's a heavy lift to get that done in 2016 because of the election cycle. but i do believe there will be those that will continue to talk about the tax reform approach. our view from a tax standpoint is we want to be treate