joining me is olivia sterns. rent in greeley is off today. >> greece is on a collision course with the neighbors that came to its rescue. a historic victory was won in yesterday's election. belt-tightening followed the bailout. the prime minister elect has made it clear what his priority will be. >> the verdict of the greek people and beyond any doubt, the vicious circle of austerity in our country, the verdict of the greek people, your verdict, in an indisputable fashion, annuls the austerity and indisputable disaster. at the same time, -- >> greece, at the same time still needs more financial aid. the web tech media down almost 3% in new york to a little more than $44 a barrel. brent crude is trading below $40 a barrel. there is growing speculation of the oil got will persist. the new king is expected to maintain current production policies. another sign that chris christie may run for president. he is creating a political action committee that will allow him to raise money needed to seek republican support acr

joining me, olivia sterns and brendan greeley. our top headlines, at storm central. >> remember the storm of historic proportions? it's a little bit that outside but not that historic after all. the national weather service peeled back its forecast. at 22 feet in boston. travel at a standstill through the region. airlines have canceled more than 7000 flights. drivers ordered off the roads. for millions of children, a snow day. the european union moving closer to imposing more sanctions on russia. and escalation infighting in ukraine. latvia's president says the eu is likely to expand the list of those facing asset freezes and visa bans. vladimir putin says ukraine is responsible for the violence. >> european finance ministers willing to work with greece's new government if the new prime minister drops his demands for the country's debt to be written off. europe may extend the deadline for greece to qualify for its next aid package. word of another government intelligence gathering program aimed at drivers in the u.s.. the justice

olivia sterns driving brent crude lower. a new low the sterns effect. very narrow spread, nymex crude. ruble weekends, nowhere near the 64.65 from a bit ago. let's make you smart. monday, a simple chart. west texas intermediate. here's the lehman low. everybody calls it the lehman low even though it has nothing to do with lehman. were back there. >> this is a bust in demand, this is a boost in supply. we are in the same place for different reasons. >> microeconomic brendan greeley. >> during the crisis every other asset class cratered. there is a big disconnect. >> what did you do, get enough sleep this weekend? >> right here was where i bought my vw diesel because i was concerned about the price of oil. >> right there is where i will be buying a jaguar suv. >> we will go to the detroit auto show and talk to the head of vw. goldman sachs, oil for longer for lower. edward at citigroup has been out front. here is the goldman sachs piece. one year ahead, wti swap needs to be below $65. near $55 for next year to sideline capital, too exhausted that animal s

with me olivia sterns and brendan greeley.t do you have? >> might come from jamie barlett, writing in "the financial times" this morning, writing >> i just think as it is really interesting. it gets to everything going on gets to how a hasthtag on twitter was shared 80,000 times. if you are dick costolo you have a lot of problems on twitter. what are you doing cooperating with the u.s. government how are you surveilling things, how do you get jihadis off of western social media? >> i actually asked of them this. they came in for an editorial meeting five years ago, and i asked to them that question for some i said what do you do when what you do becomes a way of releasing press releases for really bad people, and they said well, we are really there for our whole community. >> if this was world war ii, you would shut down twitter in germany. >> we need to draw a distinction between propaganda and cyberattacks. cyberattacks are very difficult to carry out. you need a lot of understanding knowledge -- >> propaganda is more danger

olivia sterns brendan greeley with me.tarted on airplanes. >> 4000 flights were canceled yesterday alone. now all of those people need to get on the telephone and get a refund. brian kelly, editor and founder of thepointsguy.com. what do i do if i'm stuck at jfk? >> if you are actually at the airport, i actually recommend if you have lounge access, or even springing $50 to get into your airline lounge, those agents are generally the the best agents to rebook you and can look at options that others may not be able to offer. >> you are a 1% , you pay for better agents. with paying a little more for better perks can pay off. -- >> paying a little more for better perks can pay off. but with this storm they knew it was coming. i called through to delta yesterday and got right through, although i am that 1%. you've got to be your own advocate. >> if you are trying to fix at the last minute, then you are fixing in the wrong way. you should have fixed in a certain way. what do i need to do the next time i book a ticket to get it r

i am olivia sterns here with brendan greeley. on assignment in. world economic forum. china's weakest growth in him was a quarter century, but it could have been worse. chinese efforts to stimulate the economy kicked in late last year listing production and consumer spending. they comes close to the government's target of 7.5%. china's gdp rose 7.4%. the imf make the biggest cut to its global outlook for growth in three years. the world economy will grow 3.5% this year. that is down from a forecast of 3.8% in october. the one exception in the imf's new forecast is the united states, it is going to upgrade to 3.6% from 3.1% back in october. now amazon is really going hollywood. the e-commerce giant won its first major television award and how it will start making movies. the council be shown after its theatrical release on amazon's prime streaming service. amazon has woody allen to write and direct a new half-hour tv series. those are your top headlines. time to turn to the genetic code us in the commodities market. it is watch ou

i am tom keene with olivia sterns and brendan greeley. >> another day, another big drop in oil prices. crude got more than 3%. west texas intermediate fell below $45 a barrel. brent has been trading for a little less than four to six dollars per barrel. the latest pressure on prices comes from the uae. the oil minister says they will stand by its plan to expand output capacity. the uk's inflationary has fallen to its lowest level in a most 15 years. consumer prices rose an annual rate of just 1.5% in december for the first time that will require the bank of england governor to write an open letter explaining why prices are rising too slowly. it is an issue in japan, too. the yield on the japanese five-year bond has now fallen to 0%, matching germany. >> a sign the labor market is tightening up. aetna is raising debatesemploys by as much as $16 an hour. the insurance company will cover marker health care costs. the unemployment rate has fallen to 5.6%, making it tougher for employers to retain workers. the obama administration admits we bl

olivia sterns has more. >> he u.s. president is clearly joining condemnation.rongly -- our thoughts and prayers are with the victims of the terrorist attack and people of france at this difficult time. france is america's oldest ally and has stood shoulder to shoulder with the united states. time and time again, they have set up the universal values, and in paris, where these outrageous acts took place. the president adds that he is in touch with french officials and directed his administration to provide any necessary assistance to bring these to justice. we expect a further statement from the president do to give a press conference at 2:00 p.m. the suspects are on the loose and unknown gunmen, opening fire in the satirical magazine's office in paris this morning. 3000 police have now been mobilized. high terrorist alert. >> the interior minister in france, 12 dead and eight wounded in this shooting. i want to bring in a former u.s. defense secretary under president bill clinton is jamie. rendon is staying with me as well. the president will be speaking with h

i'm olivia sterns at the breaking news desk. with some context for the drop in equities. jones is down by 1.9%. that is the biggest drop in several months. nasdaq trading at 46 brief. essentially we are seeing a big pick up in volume today. this is the first real day of action in the new year. and traders do not like what they are walking back into. we saw oil drop below $50 a barrel for the first time in five and a half years. that is a lot of people concerned. there is no fundamental reason for oil to turn around. it looks potentially like a runaway train, so you do not see a lot of buyers. and on the other hand you seem renewed concern that greece could leave the euro. we have that article in a german magazine. the foreign finance minister angela merkel, saying that she would be ok if recently as the euro after the elections later this month. and we are seeing drops in energy stocks on the back of oil. names like chevron exxon down. in fact, you see all the 30 stocks in the dow, -- all but 30 stocks in the dow lower. big names, denbury resources normal energy, down 9%

in new york, our brendan greeley and olivia sterns and olivia with all of the market news.rrow it is ripping up the script. >> it is. first, the state of the union. the president said the economy is healed and now is the time to deal with income inequality. he told the republican controlled congress that the evidence was in that his economic policies are working. >> at every step, we were told our goals were misguided, too ambitious, that we would crush jobs and explode deficits. instead, we have seen the fastest economic growth in over a decade, our deficits cut by two thirds, a stock market that has doubled, and health care inflation at its lowest rate in 50 years. >> the president pledged to work with lawmakers but many of his proposals are unattractive to republicans, to put it lightly. free community college access and providing basic are among his proposals. the japan central bank has cut its inflation forecast again and kept its records that the numerous -- its record stimulus in place. earlier forecast called for 1.7% increase. the doj has been trying -- the boj has

thank you so much. >> olivia sterns is on the markets. new congress doesn't open until tomorrow. already, john boehner faces a rebellion. a group of conservative say they will not support him as speaker of the house. peter cook has much more on john boehner's challenges of starting off on the wrong foot. what is going on it? >> he's got to heard some cats and do it from day one apparently. he's got a handful of republican conservatives in the house who say they will not support him and there are two who say they want to be speaker inside of him. that includes louie gohmert and ted yoho to conservatives who have been opponents of john boehner's in the past. this is a distraction for john boehner and an embarrassment of sorts. the key number here is a vote tomorrow to determine if he is the speaker. 28 republicans we could see a second vote have to take place. this is not the unity symbol they want as they kick off this new congress. >> is this a threat or just a symbolic embarrassment to him? >> it's symbolic, but it is a sign of things to

i'm olivia sterns. we are 15 minutes away from the ecb rate decision.rth-quarter profit increased just over 5% as policy sales increased. those results were above analyst estimates. $3 billion to buy a pipeline network from oil billionaire harold hamm. the deal marks his latest move to dominate shipping of north american oil and natural gas. microsoft revealed at the latest incarnation of its windows operating system. it starts on its web browser. windows 10 unveiled at an event will include project spartan. the air to internet explorer and will be built as a pastor predecessor -- as faster than its predecessor. >> the imf downgraded its forecast. one spot remains, the united states. what is keeping the united states buoyant as everybody else sings. we have good numbers on single-family housing. the american dream. >> single-family finally looks ready to return. it is important not to get ahead of ourselves. it was definitely an encouraging sign. it has been the single-family segment the american dream, the sluggish portion of the sector. the data was d

i am tom keene with olivia sterns and brendan greeley. top headlines. >> foreign ministers from the european ministry. russia says the government and key have and only stop the violence by starting negotiations. fierce fighting continuing in eastern ukraine. the united nations estimates the unrest has now killed more than 5000 people. gains for the u.s. dollar as the federal open market committee continued its promise to be "patient" on the pace of future rate gains. noting global risk and said will monitor developed determining how long to keep rates low. that officials have now kept their target in the range of near zero two quarter of a percent since december 2008. >> major leadership overhaul at mcdonald's tapping steve easterbrook to be the new chief executive. replacing don thompson in march. thompson have been ceo for less than three years, let the restaurant chain through its worst sales slump in more than a decade. the donald's hopes easterbrook a different entire company what he did in his native u.k. credited with boosting busi

continuing our coverage of today's deadly attack in paris my colleague olivia sterns joins us in theoom. we have the crimp handed joining us from washington and we have the director of the woodrow wilson center joining us from washington and on the phone ian bremmer the president of the eurasia group. olivia, tell me about what that city may be going through right now. >> of course, everyone in paris is stunned. that said, you have to take this in the context of what has happened in paris and france over the last week. there has been a media firestorm over this book. charlie hebdo is a satirical magazine whose headquarter was rampaged by gunmen. the author was on the evening news, the 8:00 p.m. news, which everyone watches. everyone was paying attention to this. it was a sendup, a political satire in which france is run by the alarmist party. -- the islamist party. everyone in france has been talking about it. obviously no one expected a terrorist shooting but this magazine has before been attacked. that is why they moved their headquarters, because previously they published a rather

also olivia sterns as well.raight to scarlet fu, because you have your eye on a stock that is on the move. sandisk? >> 12% in early trading. it takes you back to about mid-october when we had the tumble in u.s. stocks overall. sandisk coming out saying that preliminary quarterly sales missed the forecast of average analysts. versus the forecast of at least 1.8 billion dollars. analysts were looking for sales of $1.83 billion. this is an early heads-up to investors. shares of micron, the memory chip maker, also down in sympathy with sandisk's. sandisk makes chips for mobile devices. it is notable when you have markets modestly lower and micron is down 2% with sandisk down 12%. >> thank you so much, scarlet fu. we will take you to detroit and the auto show. matt miller gets the latest on what is being unveiled today and he will join us with an interview with the volvo ceo, coming up. ♪ >> as we mentioned, the automotive industry leaders from across the world are gathered in detroit for the start of the 2015 auto s

i'm olivia sterns. here is the rundown. the attack in paris.ate over immigration in europe and around the world. then in company, is jet.com an amazon killer? we talked to the owner about his plan to revamp shipping. in politics, chris christie is doing a victory lap, but when it comes to fundraising it is a different story, and we're not talking about this hug with jerry jones. and a riddle, and what is a password that is not a password?

i have olivia sterns in my guest host jim reynolds.ne story -- it's got to be oil which continues to slide for a fourth straight day. wti is trading below $50 per barrel. there is speculation that crude inventories will expand which will exacerbate the supply and mean lower oil. it is getting to the point where nobody knows the bottom. >> it's incredible, we have not seen will come down this much since 2008 which was in response to the global financial crisis. do you think this is warranted after mark >> i think there is a statement being made. we sort of developed a threat to the oil-producing countries when we started producing the amount of oil be did and started moving toward energy independence which we are. i think opec, russia -- the major oil-producing nations are making the statement that they are not going to curtail supply. they are going to protect their market share and they will continue to produce oil. the other producers that operate on less significant scale and that are anticipating investing more in the production ju

matt miller and olivia sterns are joining me this morning.am so pumped up for this storm. >> you definitely have to be pumped up to tackle a snowstorm. number 10, will you get these packages in the snowstorm? you be am taking a page out of uber's playbook. they may oppose the surge pricing that is like uber hiking fares at demand stores. the company found it had more workers and package volume during the recent shopping perio d. >> it makes sense. there is a lot of demand. people will be penalized for waiting to do their shopping care they will be here is -- >> lie does it take american capitalist firms so long to introduce very simple supply and demand pricing. it is the obvious and best way to go. they may be mad at first, but it will eventually make you do stuff earlier or pay the price. >> you are right that consumers will start to fight back. >> that is where it ends. >> competition. you want to fight back, use fedex instead. then maybe there is another competitor. >> matt miller on the free market. >> number nine the coin -- the client

i think of olivia sterns. >> i am a vegetarian.million americans work in the fast food industry. protests last year demanding a minimum wage. there has been a legitimate argument going on in academe about what it is and a lot of people say the never consequences is that food prices will go up that it will reduce the number of jobs. this story shows it does not have to mean food prices are going up, but it might prove you have less jobs. the thing you have to take away is that this kitchen is so thinly staffed, they have got about four people doing what mcdonald's has eight or nine people doing. they are paying twice as much but keep in mind mcdonald's has deskilled the jobs here they are paying people to use their brain. all you have to do it mcdonald's is flip a burger, shake a milkshake. >> i would draw a parallel to bloomberg media versus our competition. all brands. very cool. we will be back with more. stay with us on market makers. ♪ >> president obama is scheduled to speak in just a few minutes and washington, d.c.. he is at

i'm olivia sterns. we are 30 minutes into the trading day. rally on wall street. all the index is up by more than .1%. we got a bit of economic data out this morning. weekly jobless claims coming in a bit higher the next dictations. consumer convert -- comfort index coming out better than expected at a seven-year high. oil futures have reversed earlier losses, trading higher at 4881 -- $48.81 a barrel. will having a big impact -- will having a big impact. -- willoil having a big impact. $40 oil means no more trout ice cream. what does that mean? >> it is funny how far reaching the ramifications of lower oil prices is. it highlights a stark contrast between two of the biggest games on wall street. oil at these prices will shave about six dollars off of earnings-per-share. which had $120 a share, that's a big it. goldman sachs has no come every $10 drop in oil is good for adding two dollars per share. -- goldman sachs says no every $10 drop in oil is good for adding two dollars per share. people are still trying to wrap their heads around what

i'm olivia sterns. we will get back to tom keene in a moment.ning's top headlines. bank of new york mellon says fourth quarter profit plunged 57% thanks to higher fee revenues. the bank has been under pressure from activist investors to live its share price. the leaders of j.p. morgan chase & co been sacks are getting more cash in their bonuses this year. jamie dimon received a $7.4 million cash award. his first since 2011. while keeping his total pay unchanged at $20 million. blankfein received one third of the bonus in his $24 million package. apple's ceo received compensation of $9.2 million last year more than double his pay for 2013. the hen's package was made possible by a soaring stock price. -- the enhanced package. those are your top headlines. that sounds nice. a couple million boost for not taking a holiday. >> i take all holidays and all sick days. millions of americans are preparing themselves to bid a fond goodbye to the country's favorite pastime, football. the super bowl scheduled for next sunday and it's over for a wild. adverti

olivia sterns has more. >> the ecb. an unprecedented move for the bank.i committed the ecb 201 trillion dollar bond buying program to fight off deflation. they will buy assets at a rate of $70 billion a month until september 2016. not everyone was in favor of quantitative easing. germany was opposed. nature banks will cut more jobs this year according to 83% of those responding to a bloomberg global appeal -- a bloomberg mobile -- bloomberg global poll . pricing its ipo after the market closed. chairs we offered at a discount. that is assigned that the box faces stiff competition. it is still not showing a profit. turning to pro football. new england coach bill belichick says he's is not know anything about the deflated footballs. the nfl is investigating the ball's used in the championship conference game. the nfl has found that 11 of the 12 foot walls were deflated. -- >> i knew i didn't want to talk about it in a last 40 years. >> they will play seattle in the super bowl a week from sunday. mario draghi is not the only one worried about deflation. bill

olivia sterns and phil mattingly, joining me. number one is the fed.erve boosting its investment in the economy. raising interest rates. also substituted strong for solid in its evaluation of job gains after the meeting on wednesday. it seems like the fed has rose colored glasses on when it comes the economy. >> we thought this was going to be a boring report. huge move in the third year. we had ellen setzer on earlier and she is way ahead of consensus estimates. she does not think the fed is going to hike until march of 2000 team. -- march of 2016. >> keeping and i on international developments. it is tough to read what that means. how big of an impact that has on the decision-making over the next couple of meetings is going to be an important point. >> have a reached that point of no return? the markets are so expecting that rates will rise sometime this year. they cannot walk it back. >> if they had gotten rid of patient and changed it, that would be changing their tune. there's plenty of room to push us back. >> stocks are getting ready to start tr

with me, olivia sterns and brendan greeley.obert cinch on the swiss national bank. negative interest rates is their tool to try to protect their economy and protect the people of switzerland. what are the ramifications of this for mario draghi? they got out in front of the january 22 meeting. how difficult does it make it for mario draghi now? >> this meticulous take a little bit of pressure off of mario draghi. clearly the swiss had tied their currency to a currency that was depreciating pretty rapidly, the euro. i think this was an opportune time to get themselves out of a difficult situation. >> let's revisit the confidence of a few years ago. the confidence that switzerland is different. it will longer tolerate a euro exchange rate below 1.20 swiss franc. it did not work. what does it cost the government of switzerland? >> they will be tallying those numbers for quite a while. swiss foreign exchange reserves have exploded from the beginning of 2012. of particular concern is that they just reported that the reserves went up

here is olivia sterns. brandon greeley and rachel, john.ren. >> that is just a shot of my nostrils. terrible. >> but it is a news feed. facebook was what it was social network it is new. where are they with that news feed in 24 months? >> i see the news as a person who lives on soft woods which is a derivative of twitter i live in a page that is different. everybody has their own page. i don't use facebook but my wife just discovered it. i don't use pinterest. i have a pressure to understand snapchat. facebook is done. snapchat is -- when we sit here next year we will be blown away that snapchat is blowing people away. the u.i. of the snapchat world is something my kids 15 and 17 kid all their news. how did he understand that was happening without turning on the tv. on snapchat stories. what they think a reporter is different than what you think a reporter is. >> snapchat is not just about sex? >> it is for me. i'm just saying -- i can't even use it. the kids have moved on because they don't trust that brand. >> that brand you are pointing

i'm olivia sterns. have gone back to work with the full first week of trading after the holidays. we saw energy stocks took the biggest hit. oil fell below $50 a barrel for the first time in five and a half years. also on concerns of greece leaving the euro. ♪ blogs you are watching bloomberg west, where we focus on technology and the future. a new wearable device, priced that are we don't know can apple pull off another home run? this is a big deal, the apple watch. obviously, it will lead to a lots of discussion in las vegas this week. how do you size this market? you ask where thinking of it right now as a smart watch market. a smaller initial market. we have been serving a lot of people. we surveyed a lot of it in the u.s. and ask them about their interest in buying an apple watch. a of people did not know what the watch looked like. interest was surprisingly low. it runs about 10% of iphone owners say they are going to buy a watch. clearly, it will take more powerful apps to really drive it the val

i am olivia sterns in new york. we will take you back to davos in a few minutes.op global business stories. it looks like the european central bank is writing to the rescue. the executive board has proposed quantitative easing up $58 billion a month through the end of 2016. a total of $1.3 trillion. the central bank is trying to stave off deflation. it is up to the ecb's governing council, which could still change the plan. a decision will come tomorrow morning. international investors have not been this bullish on the u.s. in years. according to a new bloomberg poll. 54% of those say the u.s. will be among the markets offering the best returns. up five percentage points from november and the highest rating for any country. shares of netflix up as much as 16% in early trading. the company says that within 2 years it will profitably reach 200 countries that have broadband. they reported higher than expected subscriber growth in the fourth quarter. the president of ukraine warns the country is in grave danger because of the escalation of fighting. he spoke to bloomb

that from olivia sterns. >> let's get to our agenda right now. the changes in retail. let's get to brendan. >> i will take a look at samsung. scott galloway from nyu is just saying they are squeezed in the middle, neither value nor are they luxury like apple is, and they have gotten earnings coming out today, and the question is -- they make amazing tvs, can they make smart tv's that people want to buy? >> my agenda item is congress because they are back in session. there might be a snowstorm in washington, but they are gathering and supposedly getting down to business. >> is stuff going to happen? >> in washington? not likely. >> markets will continue moving on without them. >> we will keep going to phil mattingly every day to discuss the nothing that is continuing to happen. >> there is a lot of nuance within a nothing. >> my nuance is correlation, a professional word for linkages and that is what people are looking for in this market. an ugly 4:00 a.m. -- things got better. oil $49.01. i look at the screen, brendan, and sometimes i do not know

i'm olivia sterns.rs have gone back to work with the full first week of trading after the holidays. we saw energy stocks took the biggest tip. oil fell below $50 a barrel for the first time in five and a half years. also on concerns of greece leaving the euro. ♪ ♪ "bloomberg west >> we are watching"bloomberg west, " and i am cory johnson. delivering apple watch early this year, and it may set the tone for the consumer electronics show that starts today. of course, the new wearable device will be pricing the high-end version at we do not know, but can apple pull off another home run with this watch as it did with the iphone and the ipad? joining us is an analyst. good to see you. this apple watch. obviously, it is going to lead a lot of the discussion that is happening in las vegas this week. what about the size of this market? >> we are thinking about a smartwatch market, not the broader watch market, so that will be initially a smaller market, and what we have been doing is we have been serving a lot o

i'm olivia sterns. here is the rundown. the debate over immigration in europe and around the world.m and amazon killer? we talked to the owner about his plan to revamp shipping. chris christie is doing a victory lap, but when it comes to fundraising it is a different story, and we're not talking about this hug

. >> i am olivia sterns and for stephanie ruhle.ut and will be back live tomorrow. it is to do six minutes past the hour, which means we are on the markets. >> last week has been replaced with a waiting game. waiting for the european central bank's policy decision on thursday. housing data as well as earnings . the s&p 500 drifting lower, the dollar drifting to more strength , and oil prices have found a bottom between $46 and $48 a barrel. joining us is kevin kelly. if we look at the bigs at $21 pretty muted. the trades are being put right now being set up for a lot of volatility in the latter part of this week and the month? >> what is good to look at is the vix. lastly, we saw 400 point swings on the dow. it is at a five-year high. sitting around 110. we have not seen this level -- we did not see this back in october. over the next 30 days, we are seeing a lot of volatility comeback in the marketplace, up or down. >> there are a lot of calendar events peavy ecb on thursday, greek elections over the weekend. that volatility could

olivia sterns and alex sherman joining me this morning.th something in little bit lighter. pizza hut is going gluten-free. some locations will start selling gluten-free pizza's two years after domino's first rolled out a gluten-free crust. >> 40% of america thinks gluten-free is the trendy, sexy diet. >> if you have an allergy to gluten, stop eating pizza. why are you eating pizza? >> if they make a pizza that tastes good, i will try it. 44 million americans would consider buying a gluten-free product. >> who knew what gluten-free was five years ago? >> a small percentage. bill ackman tells bloomberg television that he considered investing in tesco. >> we did look at tesco, but we have had difficulties with three tail. structural changes make it more difficult. we look occasionally at companies in the u.k. >> i love how he says difficulties in retail. [laughter] jcpenney come anybody? -- jcpenney, anybody? >> tesco is one of the biggest retailers in the world. it was a juggernaut in the british economy and in 2013, they posted the first dr

thank you to joe weisenthal and olivia sterns.taying with me through the opening bell. you will not want to miss the upcoming interview with david fuhrman the chairman of economic advisers on-the-job send the keystone news. mohamed el-erian is going to be joining us to give his take on where jobs are headed and where the euro is. stay "in the loop." ♪ >> the surprising jobs report out this morning. the u.s. economy added 252,000 jobs. i want to get some reaction from the wyman -- white house, from david furman. also joining me now is bloomberg view columnist and former pimco ceo, mohamed el-erian. jason, i want to start with you. is the president prepared to make a final decision on keystone given that this was one of the hurdles he mentioned that he needed to wait for before he would decide on keystone. >> this is a process that is being undertaken at the state department and there are a lot of elements to that process. i don't have anything new to say to you about that. i have not looked at the decision. >> does it not change th

the city is on high alert after 12 people -- let's take you to olivia sterns in our breaking news desk here is what we knows -- here is what we know so far. the mast and men stormed the offices of a satirical magazine in paris. they were carrying coalition a cause and what looked to be a rocket launcher. the ministry says the people are dead, eight others have been injured in a there is amateur video of the siege, in which you can see these masked gunmen carrying these guns. authorities have stepped up securities at the airport. one of the schools has actually been evacuated. separately this morning, the headquarters was evacuated. it was supposed to be on the cover this week. essentially this is a book that is anti-islam. of course it has been at the center of anti-islamic -- of this whole issue. note both confirmed dead, eight more injured. a very extensive manhunt for >> let's bring in the former ambassador to the negotiation on conventional armed forces in europe. he is currently chairman of the foundation for the defense democracies. a mr. ambassador, lots of questions are being a

joining me is olivia sterns.off today. >> greece is on a collision course with the neighbors that came to its rescue. a historic victory was won in yesterday's election. belt-tightening followed the bailout. the prime minister elect has made it clear what his priority will be. >> the verdict of the greek people and beyond any doubt, the vicious circle of austerity in our country, the verdict of the

tuesday, january 20, i am olivia sterns with brendan greeley and tom keene is in the swiss outs -- alps, as he cannot afford anything else. >> china recorded this week's economic growth in almost one quarter century but it could have been worse. chinese efforts kicked in late last year. that boost a production and consumer spending and helped spur growth closer to the government target. gdp rose 4.7%. the government is expected to add more stimulus this year. the imf has made its biggest cut in three years. according to the new forecast the world economy will grow 3.5% this year,

i'm joined by olivia sterns p review been following this all morning long. a bit of a striptease.hey said they would keep interest rates unchanged. they would be announcing some new measures >>. >>further measures means quantitative easing. i have been doing this since may of 2010. i was the field producer at the first overnight meeting in brussels. a long time ago. this is a critical juncture. the process of european integration that began with the purchasing of government debt in 2010. there desperately trying to stoke inflation. it's an important step at further integration. there is a lot of criticism. mario draghi has been aggressively campaigning, giving lots of interviews, turned to get the critics in germany on board. they say we have this new stimulus from cheap oil. what is achieved by government bonds when the tenure on the french shield is already at .7% -- 10 year on the french yield is already at .7%? how will you measure success and how much is already priced in? >> how much is already priced in? we got news yesterday quoting anonymous central bank officials, the mo

i am tom keene with olivia sterns and brendan greeley. >> another day, another big drop in oil pricesn 3%. west texas intermediate fell below $45 a barrel. brent has been trading for a little less than four to six dollars per barrel. the latest pressure on prices comes from the uae. the oil minister says they will stand by its plan to expand output capacity. the uk's inflationary has fallen to its lowest level in a most 15 years. consumer prices rose an annual rate of just 1.5% in december for the first time that will require the bank of england governor to write an open letter explaining why prices are rising

olivia sterns is in the newsroom . this is crazy.e is one employee stealing client data. >> the banks are spending more and more money to protect themselves from cyberattacks. this does not look like a cyber hack. according to a statement, an employee stole data and published 10% of its wealth management clients. the bank alerted law enforcement. there was no evidence that there was economic loss to these clients. what was published was account names. it did not include passwords or social security numbers. according to the statement, that a card data was also not compromised. as for potential motive the statement suggests that this employee was perhaps trying to sell this data. morgan stanley said it has fired an employee for stealing data such as account numbers for as many as 10% of its wealth management clients. this comes after the giant jpmorgan hack of nearly 76 million customers' data. >> they fire the employee, but the damage is done. >> the point they're trying to make is that there was not much damage done if any. this is

first, let's go back to our world headquarters in new york and brendan greeley and olivia sterns. >>lines. we have to start with the ecb. european central bank on the verge of taking its boldest step yet to fight deflation. ecb president mario draghi may announce massive bond buying program that could exceed $1.2 trillion. it is in that boosting consumer prices that are now falling on an annual basis. not everybody is on board. the plan is been criticized as too little, too late. the head of germany's central bank said it is not needed. in eastern ukraine, the balance is getting worse.

she is olivia sterns, she uses apple. even brendan greeley uses apple. >> though i have only a 5.is under new pressure from world leaders after fighting flares up in ukraine. pro-russian rebels launched a rocket attack in ukraine over the weekend. the violence in ukraine picked up again earlier this month after relative quiet. greece's new government is questioning more sanctions on russia

i am scarlet fu in for olivia sterns. here's the rundown on this friday.ime for resolutions and predictions. take a look at some of the biggest, best kind safest places to put your money in 2015. in media, a banner year for the megamerger. in the rules segment, 59 people become refugees. we will take a look at organization taking

i am olivia sterns.rime minister david cameron are holding a joint news conference at the white house. trade, cyber security, terrorism are going to be on the agenda. schedules are time is 12:20 eastern time. we will have live coverage. in the meantime, in bank, treading revenue at coleman sacks dropped to the lowest level since 2005. -- goldman sachs

olivia sterns joining us now who of course has been following a lot on the european central bank. ed in london. olivia, we just talked to larry summers who said look, it is necessary, there is deflationary risk in the eurozone, it is necessary for the ecb to come out with quantitative easing. the question is how much and how long. >> everybody is worried that europe is rapidly going to become japan, everybody is worried that the european economy is going into this sort of stagnation phase with no growth and falling inflation, actual deflation. we wanted to know what was going to be extent of money that mario draghi and the european central banks had to pump into the economy. wasn't it going to be one big dump? $500 billion? that is where a lot of people were looking for. or will it come out where the money is distributed in a monthly basis, very similar to the u.s.-style quantitative easing. we noticed that the central bank in the u.s. under ben bernanke started buying $85 million worth of bonds per month, and we will get 50 billion euros per month. from that stance, it does look l

i am tom keene with olivia sterns and brendan greeley.gn ministers from the european ministry. russia says the government and key have and only stop the violence by starting negotiations. fierce fighting continuing in eastern ukraine. the united nations estimates the unrest has now killed more than 5000 people. gains for the u.s. dollar as the federal open market committee continued its promise to be "patient" on the pace of future rate gains. noting global risk and

joining me, olivia sterns and brendan greeley.torm central. >> remember the storm of historic proportions? it's a little bit that outside but not that historic after all. the national weather service peeled back its forecast. at 22 feet in boston. travel at a standstill through the region. airlines have canceled more than 7000 flights. drivers

i am tom keene, joining the olivia sterns and brendan greeley. terrific set of guests. >> al qaeda says it was behind last week's deadly attack on the "charlie hebdo" offices in paris. they claimed responsibility. said the attack was a response to the magazine's cartoon depicting the that mohammed earlier. people lined up to buy the new issue of "charlie hebdo," and they quickly sold out. the cover shows a cartoon of mohammed holding a sinus as

joining me is olivia sterns and brandon greeley. top headlines. >> in belgium a manhunt underway after police supported a possible terrorist attack. 15 people have been arrested. police killed 2 suspects in a shootout and another was arrested. authorities believed some suspects had just returned from syria. french authorities have arrested 10 people linked to last week's terrorist attack, according to french news agency afp. aftershocks from the move by the french central bank. fx firms are having problems. a new zealand dealer says it will shut down. a british fx broker alpari says it is insolvent. >> equity markets are relevant too. asian and european stocks down and futures indicate u.s. stocks will be lower. money flowing into bonds. the yield on the japanese 10 year fell to a record. european nations also set record lows. the price of oil is up 3%. prices could recover. west texas intermediate trading over $47 a barrel. oil heading for its eighth straight weekly decline. it has not been on a losing streak like this since 1986.