leaving it for pearson gets the bucket and one. mason up 46-38 at the break. cougars on the inbounds pearson finishes with the dunk. but he wasn't done. george mason up by two. check this out. doesn't matter throws up the wild shot and it goes. the senior finishes with 35 points and 14 rebounds. george mason wins. the patriots are 9-4. >>> virginia defeats towson 57-50. the cavaliers won ten in a row and the tigers lost 32 straight. towson is hurting big time. >> but they only lost by 7 to virginia. >> they almost upset them. it's the perfect time to find great deals on the 4g lte devices you love. like the droid bionic by motorola for $199.99. or the pantech breakout for $49.99. our lowest price ever. get the technology you love, on the network you deserve. and for a limited time, get twice the data for the same low price. verizon. >>> face night stuff. nasa announced that a volcanic eruption caused a new island to form in the red sea. it is to the west of yemen's coast. fishing boats reported seeing lava fountains from the ocean. four days later a satellite

the dropped pass to ryan pearson, an easy layup plus the foul. patriots led by 8 at the break. 2nd half mason up by 2, pearson double teams, spins, a wild shot somehow goes in, just his game, pierson a career high 35 points and beat the college of charleston 84-76. elsewhere 23rd ranked virginia hosting, evans slimmed the defense here to a wide open sammy zaginski. 24-16 at the half. 2nd half, the cavs running to harris, he 17. >>> don't go way. we've got more sports news coming up like some bright spots in an otherwise lackluster season for the redskins. don't run away. we're talking the run game after the break. it's the perfect time to find great deals on the 4g lte devices you love. like the droid bionic by motorola for $199.99. or the pantech breakout for $49.99. our lowest price ever. get the technology you love, on the network you deserve. and for a limited time, get twice the data for the same low price. verizon. >>> we can't stop talking about the roger mason flub, but we are going to move on. mike shanahan and the redskins may need to f

rick pearson is next.buse at the hands of loved ones. one out of fort when it admits being attacked by husband or boyfriend. center for disease control track and intimate partner violence extremely high numbers for the physical and sexual abuse as many as one out of three women said during a lifetime they were raped hit or stop by their partner compared to one out of 10 format. tracking progression of multiple sclerosis doctor said it searching brand for iron they can make stronger predictions about the disease using its triple a strike m r i scans doctors measured iron levels in the area of the brain responsible for relaying messages when there was too much tired ms patient suffered greater physical disability while necessary in the brand at high levels toxic to brain cells high levels detected in patients with various narrow degenerative diseases. until now no way to measure iron in the brand. smoke in the lungs may translate to a cancer on the scant new study a link between smoking and skin cancer. wome

on sunday it looks great see you on the road we will have live coverage from the iowa caucus rick pearsonand i will both be there wgn wgntv.com. . and right after the iowa caucus president obama in chicago to raise money for his reelection bid. campaign says he will be in town january 11th no word on how long he will stay up there will be several high-end fundraisers chicago is the president's home always done well here coming to campaign donations criminal charges close to filed in connection with the worst oil spill in be added states history a spill that raised gas prices damaged lights oil rigs owned by dpp company exploded april 2010. 5 million gal. of crude oil poured into the water federal prosecutors plan to charge a group of engineers and at least one supervisor at bp might have provided false information how risky it would be to drill into the gulf of mexico. milestone for the september 11th memorial and york city, 1 million people have visited the site to commemorate one of our nation's most devastating tragedies the memorial made out of granite flowing water symbolizing our st

>>we are probably moments away we're going to bring back rick pearson at tribune tower and we want to welcome our viewers from around the country and are joining us through doubly aegean americato the aegean america wgn america >>rod blagojevich apologized before the judge to the people of the state of illinois to his family to the judge to the jury he said he had no one to blame but himself for his own stupidity. he asked the judge for mercy. >>we realize that while the former governor made every effort to try and ask for compassion from the judge thinking that at some point there may be the possibility of an appeal ... he has walked a fine line with his back against the wall trying to do one thing with the intent of another. >>what he did was to apologize for lots of things but never accepting responsibility for committing crimes are breaking the law so without that admission it's tough to see this judge giving any form of leniency to the governor we are preparing for a very harsh sentencing here. >>rick pearson one of the things we wanted to ask you was about that atmosphere in spr

was a last minute plan for the pearson family from richmond.oked a hotel room not last month but o are last week, but yesterday afternoon. >> better rates on the internet. so it's not too far away, there are plenty of hotels available. >> they found a $65 room right in south lake tahoe. >> love it, it's been great. enjoying the family time. the weather is nice. so it's fun. we're having a good time. >> this holiday week is nothing like last year when tahoe was pounded by storm after storm and hotels were booked solid. today there is a lot of bear pavement and more than few vacancies. >> last year it would have been hard to find a place this late but this year you can find a place. still, it's pretty booked up. >> reporter: there is still skiing around tahoe. heavenly has been making snow almost nonstop since october but only 25 of the 97 runs are open. nail-biter for mike brown that came all the way from indianapolis after booking the trip back in august. >> freaking out. a lot of mid west skiing is ice but man made hasn't been a problem. >> an

thank you so much rex pearson from the chicago tribune. in other news today it was the celebration of jane addams day in chicago honoring the keynote speaker for the day was a professor anita hill known for putting the spotlight on sexual harassment during the confirmation hearing for supreme court appointment 20 years ago hill spoke to an audience of about 100 about gender as they involve housing issues: the situation of crisis. >> we are living in a time not simply of crisis of the market but really i characterize this as a crisis of home. >> the jane addams event was sponsored by the american association of university women. families helping families in the western suburbs, hundreds of christmases' will be better this year thanks to a huge canvas as part of a drive in oak park. this year's nobel peace prize winners and a south and church has problems at the altar. @ñ?Ñúótp?ow÷÷÷xm@]pñÑnúqúgxo@f(n÷7@?xi@@ oú6@w@po÷?@÷úo7? g@úoñÑú?

. >> donald trump comes to town chicago tribune political reporter rick pearson went one- on-one witht a day after meeting with newt gingrich donald trump came to chicago to promote what else? donald trump. promoting his new book time to get tough also find the time to be the current center of the republican universe. some want his endorsement hosting a debate for conservative magazine and web site. ray lahoonewt gingrich leading in national polls agreed to be in the donald trump debate >> made a decision to be in the debate other people would say i do not know and it is something about somebody that goes out and makes a decision that people like and that is one reason he is doing so well >> a big debate about donald trump debate some republican leaders have warned it discredits the gop and turns the presidential process into a circus mitt romney consistent top tier contender told reporters he was skipping >> already set our calendar in december communicated to mr. donald trump that the schedule is completed donald trump wants to endorse a republican contender also might jump back int

at this moment hadn't to iowa with the chicago tribune political reporter rick pearson live coverage iowa caucus report begins sunday night wgn tv and follow the trip online. wgntv.com verizon wireless about face tonight company spokesperson says it will scrap a proposed $2 fee for one time payment. nation's largest wireless carrier announced yesterday it would add charge to customers who make one time bill payments online or over the telephone the move sparked protests on the internet and at the sec says it would look into the fee the rise at backing off the idea citing customer feedback >> out with the old and in with the cold coming up tom skilling predicts a big dip temperatures in time for the new year. [ male announcer ] all over the world, there's a battery that's relied on to help bring children holiday joy. of course children don't really think about which battery makes their toy run but, still, you'd never want to disappoint. duracell. trusted everywhere. capital one's new cash rewards card gives you a 50% annual bonus! so you earn 50% more cash. according to research every

aunque no sean documentado pearson el futuro del país, quieren seguir su educación que pueden haceryan a ir a hablar con los representantes y pedir que pasen el greene más. >>> vamos a ir a mensajes, vamo a seguir hablando con las invitadas de hoy sobre el acces dde los latinos a la educación superior, interesante tema. no cambie la sintonía "agenda washington". >>mario sol: muy bien señoras y señores, vamos a continuar con "agenda washington" estamos conversandconversando con devor santiago vicepresidenta de investigación y política de educación de la organización excelencia en la educación y también estamos con maría elena viva, directora ejecutiva del programa nacional de pasantía del programa de nefersds vamos hablar de acceso los latinos a la educación superior. vamos a enfocar un plan poz po positivo, que tienen que hacer los padres de la familia par pa que los hijos vayan a la universidad. >> primer tienen que saber que si es posible. que si pueden ir. sus hijos y que hay recursos disponibles para ayudarlos a ellos, es un trabajo con encont los, pero hay recursos se puede ir,

ryan pearson went for a game-high 25 points and 10 rebounds. george mason improves to 8-4.omorrow it's the redskins and the vikings. 1:00 christmas eve day game. the redskins trying to put back-to-back wins together for the second time this season. >> and they're favored to win. >> the droid razr by motorola. the newest droid armed with motocast. granting you wireless access to files on your home computer from almost anywhere. 4g lte equipped to pull pictures, music, and movies. all at mind-melting speeds. powered by verizon, this droid is too powerful to fall into the wrong hands. >>> let the holiday begin. president obama is enjoying the weather in hawaii. air force one landed a few minutes ago. the president joins the first family for holiday vacation. >>> several families will have a brighter christmas thanks to the work of an nfl player phil internship taylor. his focus was on low-income families. he treated 100 people to a holiday party at richard wright charter public school in northeast. the families got toys and gifts. taylor told us why he started the foundation?

second half, ryan pearson, nice spin and drive to the hoop. george mason down by one.final minute, mason by 1. morrison, nice looking side to bryan allen. he had 12 and mason defeats in a good game. to improve to 5-2. maryland hosting michigan. both teams 7-0 coming in. second half, hawkins outlet pass to kaiser. makes the nice move and the foul. converted the three-point play. kaiser with 8 points. defeat michigan to improve to 8- 0. and tomorrow, the caps are going green. japanese car maker showed off -- that's brian. he's coming back right after this. stay with us.  thank you, mr. lopez. you're welcome, mija! coraliz has the manners of an adult and something else adult-like. my treatment. at st. jude children's research hospital, we pioneered the new use of an adult cancer drug that could help save kids like coraliz across america. what does research mean? to mommies and daddies, it means everything. give thanks for the healthy kids in your life and give to those who are not. go to st. jude.org or shop wherever you see our magnifying glass. [ jerry

. >> this eight-year old would never survive without a keeper pearson lost among workers chased her away from a palm oil plantations. she was brought to the sanctuary and for the first few months she fell ill. it is not clear whether her mother is still alive. now the baby depends on rosa for care. >> she usually cries when i leave, so i need to always be close to her. >> 20 years ago, most of the orangutans brought to the country was saved from people's homes. one was rescued from a circus. but there has been a disturbing trend. more and more of them brought here has dropped from -- then brought from palm oil plantations, and environmentalists say they aren't urgent need of the rescue because they face in injured or killed on the plantation. i traveled out to the area where there have been a number of reports orangutans recently. for miles on end, palm trees where force stood. we ask the workers with of a herd of the killings. but all of them denied any knowledge of the horrific acts. palm oil firms have also this associated themselves from the deaths of the apes. but finally, one of th

george mason, ryan pearson went crazy. first a crossover, that was pretty good. on, a little flush there. career high 35 points. patriots win. 84-76. that's a quality win for the patriots. virginia hosting win with towson. tigers in a tussle here. chris walter, something is going to get you. within 3. but then virginia pulling away. malcolm from the corner. virginia goes on to win 57-50. big east basketball, the hall giving bob higgins. pirates up 25-12. they roll 67-48. finally tonight, this is funny. we know angry soccer dad. he has been yelling at the refs and his kid all day long. now he's going to take it out on the chair. bad idea. chair wins. chair wins. >> he deserves it. >> that's right. look at the replay. taking it out on the chair. >> the good news on the chair is rarely did they hit back, but this one didn't get the memo. >> slip and slide. >> we'll be right back. ♪ [ female announcer ] during the holidays, there's a lot to get done. and safeway select appetizers help you rise to every occasion. ♪ from delectable to amazing. there are over 20 afforda

ryan pearson is a low post. 13.9 boards. 1-point game. tj mcconnell dropping of the baked goods. finally you know that half time hockey trip where you have you shoot and see if you can make it. 59-year-old grandma says grandma got a brand new bag. look at that. >> whoa. >> that never happens. grandma got it. >> she won a new truck. >> how about

ryan pearson is a low post. 13.9 boards. 1-point game.at tj mcconnell dropping of the baked goods. finally you know that half time hockey trip where you have you shoot and see if you can make it. 59-year-old grandma says grandma got a brand new bag. look at that. >> whoa. >> that never happens. grandma got it. >> she won a new truck. >> how about that? >> great. we'll be right back. >>> good night, everyone. >> good night. have a good one. [ female announcer ] more people are using wireless devices... in more ways than ever. and our networks are getting crowded. but if congress frees up more wireless spectrum... we can empower more people to innovate... putting momentum behind our economy. and we can reduce the deficit... with more than thirty billion dollars paid by america's wireless companies. it's simple -- more spectrum means more freedom. for everyone.

electioneer >> and we will have live coverage from the iowa caucus will be heading there along with rick pearson or chicago tribune coverage begins sunday night to night last night for congressional hopefuls at a level it filing petitions to get on the ballots big names such as it can meet duckworth the veteran of iraq war facing competition raja krishnamoorthi eighth district primary overall 75 people filed candidacy for 18 congressional seats of illinois after very disappointing holiday season sears making cuts wants to close more than 100 sears and kmart stores across the country sean lewis reports now on how this will affect you >> traffic outside sears flagship store on state street remained strong the number company wide crashed sales at a sears and kmart down more than five percent combined and the last quarter of the year shuttering more than 100 of the 3000 stores nationwide once mighty brand >> like several other retailers after world war two montgomery ward obviously nearing the end of its day several analysts tell me something of a downward spiral might be a death march back up earli

live coverage from the iowa caucus had an affair along with rick pearson chicago tribune coverage begins sunday night. donating a kidney to people you did not even know sounds like a tall order but happen before * northwestern memorial hospital. amazing story >> david your donor is martha >> if you did not catch all of that does not matter what started as a simple desire of day and to help her niece and resulted in four kidney transplants in time for christmas >> the thought never crossed my mind to say no why not help somebody out? >> diagnosed with kidney failure and february been on dialysis for four hours a day three days a week wanted to help but helped so many others in the process >> i asked a million cases a day assured me she could get a live donor i was fine with that wide not help others? if we could bring more people at the some two or two others why not print that out >> universal donor and when the four way transplant took place thursday northwestern hospital martha's a kidney went to the direction of this man at david >> such a bond i do not know what brought us together >

. >>> and then we are going to check in with cnbc's hampton pearson. >> despite some of the mixed news on the economy, the dow is up about 73. the nasdaq up about 10. and as you mentioned, consumer spending and incomes were up a lack luster one-tenth in december. now, we also had a drop in business investments for the second straight month. companies bought more long-lasting manufactured goods, and that was set off by strength in the volatile aerospace industry. and in november, americans actually bought more new homes than in the previous month, up 1.6% says the commerce department to annual rate of 315,000, and that's less than half the 700,000 economists believe are really needed to sustain the housing market. it's below the 315,000 sold last year, which was the worst year since they started keeping record back in 1963. and the traders are pleased that congress passed the payroll tax extension. markets and just about everything else will be closed on monday. barbara, with that in mind, a merry christmas to you and the gang at news4. >> thank you, and i will pass that on to you and e

let's check in with hampton pearson. >> we have optimisism about the u.s. economy.nd we have stocks trading in positive territory so far. right now the dow is up 35 points, and the nasdaq up, and the consumer price index was unchanged after a one-tenth of an increase in october. and then november core prices rose two-tenths of a percentage. the gas is down 15 cents a gallon from last month. the legal battle over who is to blame for the gulf oil spill continues. cameron international, the maker of the deep water horizon blowout that failed to stop the oil spill agreed to pay $250 million to bp as a legal settlement. there's no admission of liability by any trial. a federal trial to determine fault is for next spring. and the lower house parliament approved the austerity measurement. a nice way to end the week, the market is in green. >> thank you so much. we will see you later. have a great weekend. >>> 11:49, the time. coming up, howard stern's new job. and meteorologist, tom kierein will be back with the forecast. >>> stay with nbc all afternoon. >>> i would like t

we're talking to the chicago tribune's rick pearson about the political fallout about today's decision. the blast of cold air that is heading our way. [ indistinct conversations ] [ hissing ] agents, what did we learn here today? that lint balls are extremely flammable! well, yeah. and that 15,000 dryer fires happen every year! that's why it's important to regularly clean and inspect your vents! correct. where did you get that?! i built it. [ male announcer ] we are insurance. ♪ we are farmers ♪ ♪ bum, ba-da-bum, bum, bum, bum ♪ [ coughs ] what is this shorty? uh, tissues sir, i'm sick. you don't cough you don't show defeat. give me your war face! raaah! [ male announcer ] halls. a pep talk in every drop. the mighty turducken. nature's majestic beast. [ both laugh ] ♪ ♪ ♪ ♪ in full of jurors from the second trial of robin boyd which were in the court ruled today to witness the sentencing. for the most part they're glad the judge didn't spare him. unlike the unanimous decision jury members came to to convict run blagojevich's today those at the sentencing were split on the amount of jai

. >>> we will check in with cnbc's hampton pearson.trading days left before christmas. it's all about the economy on wall street today. good news on the jobless claim as you just mentioned. the growth picture is improving. and we see the dow up about 28 points and the nasdaq up 13. the number of people applying for unemployment benefits dropped to the lowest level since april of 2008, 3 1/2 year low. the claims decreased by 4,000 to 364,000 last week, the third straight weeks we have seen the jobless benefit claims go down. and at the same time, the commerce department is telling us the economy grew in the third quarter and economists are looking for 2% growth, but it's the fastest growth quarter this year, up from 1.3% in the second quarter. and consumers are getting more optimistic about the economy, and the closely watched university is at the highest level in six months. the latest reading, 69.1, up from 64.1 in november. economists think an improving job market and strong holiday shopping and cheaper gas prices are leaving consume

let's check in with cnbc's hampton pearson. >> well, it's the same old song today for u.s. markets, and it's not a christmas carol. renewed worries about europe sending american markets lower. the dow down and the nasdaqdown 39, and the s&p down 13. the euro dollar slid below the u.s. dollar for the first time since january today. italy had to pay higher borrowing rates to finance its debt. italy paid a record 6.4% on the new five-year bound compared to the previous record of 6.3%. and the federal reserve ended the policy meeting, and no real changes. among the market highs and lows today, solar plunging 19%. the biggest drop in the s&p 500 after the largest solar company slashed earning estimates for the year. on the flip side, avon jumped 8.7% after the company announced late yesterday that its ceo, andrea young, will step down. barbara, i guess you would call that a different kind of makeover. >> i guess you would. hampton, thanks. >> have a great day. >> you, too. >>> we have more now on our 12 days of giving. here is pat lawson. >> thanks, barbara. taking care of an ol

hampton pearson has the market wrap.the red with less than 20 minutes less in the trading day. let's look at the stock averages. we are seeing right now that the dow is down about 155 points. the s&p down 22 and the nasdaq down over 41 points. the number of new apigations or unemployment fell to the lowest level in nine months. weekly applications drop offed by 23,000. that's it from cnbc first in business worldwide. luck? i don't trade on luck. i trade on fundamentals. analysis. information. i trade on tradearchitect. this is web-based trading, re-visualized. streaming, real-time quotes. earnings analysis. probability analysis: that's what opportunity looks like. it's all visual. intuitive. and it's available free, wherever the web is. this is how trade strategies are built. tradearchitect. only from td ameritrade. welcome to better trade commission free for 60 days when you open an account. >>> european leaders are preparing for a crucial summit in brussels in which they will try to strike a deal on how to tackle the e

let's check in with hampton pearson.th more on that and the rest of the day's business headlines. hampton? >> hi. as just mentioned major markets frankly drifting to negative territory. just in the last hour. news of the death of north korean ruler kim jong-il and the stand-off in washington over extending the payroll tax cut are the key factors. right now we are seeing the dow down about 53 points. nasdaq down 11. s&p down 8. and asian markets fell with analysts warning kim illjong-il death. turning to your open, finance ministers with the european union are meeting to decide how to split smup $261 billion. leaders promised to send to the international monetary fund. that money is meant to boost europe's fire wall against the escalating debt crisis there. closer to home some encouraging news on the housing market. national association from homebuilders, wells fargo sentiment index is up this month, up two points to 21. highest reading in about a year and a half. a sign builders are less worried about the housing market

it discourages you to replace in morality based on tribalism, authority, and pearson is and with the morality based on fairness and universal rules. encourages people to recognize the utility of cycles for violence and increasingly to see violence as a problem to be solved rather than as a contest to be one. what is the evidence? well, one in treating piece of evidence is that abstract reasoning abilities as measured by iq tests, believe it or not, increase of the course of the 20th-century. so throughout the 20th-century and all over the world iq increase by about three points a decade in so-called flood of fact. how could this have affected the violence? well, other studies have shown that people and societies with higher levels of education and of measured intelligence holding all else equal commit fewer violent crimes on average, cooperate more in experimenter games, have more classically liberal attitudes such as opposition to racism and sexism and are more receptive to democracy. why have i ended up with this list of four seemingly different forces get why are they all pushing

first, hampton pearson is here with the cnbc market wrap. >> with a little less than 15 minutes left lexicon to say not so great in terms of how that have the markets are doing. the dow down 130. the s&p down almost 14 points. and the nasdaq down a little over 41 points. that's it from cnbc. first in business worldwide. luck? i don't trade on luck. i trade on fundamentals. analysis. information. i trade on tradearchitect. this is web-based trading, re-visualized. streaming, real-time quotes. earnings analysis. probability analysis: that's what opportunity looks like. it's all visual. intuitive. and it's available free, wherever the web is. this is how trade strategies are built. tradearchitect. only from td ameritrade. welcome to better trade commission free for 60 days when you open an account. try bayer advanced aspirin. it has microparticles so it enters the bloodstream fast and rushes relief to the site of your tough pain. it's proven to relieve pain twice as fast as before. bayer advanced aspirin. twice as fast as before. you want to save money on car insurance? no problem. you

hampton pearson has the cnbc market wrap. >> hello, martin. rough start to the trading week here.line of a settlement for the european debt crisis giving way to a different kind of reality today. right now looking at the stocks. dow down 182 points. s&p down 20. the nasdaq is down almost 39 points. and that is it from cnbc, first in business worldwide. the markets never stop moving. of course, neither do i. solution? td ameritrade mobile trader. i can enter trades on the run. even futures and 4x. complex options, done. [ cellphone rings ] thank you. live streaming audio. advanced charts. look at that. all right here. wherever "here" happens to be. mobile trading from td ameritrade. number one in online equity trades. plus get up to $600 when you open an account. >>> in just 19 days, all american combat forces will cross the border and leave iraq permanently. president obama today welcomed iraqi prime minister nuri al maliki to the white house, where they sought to present a united front after almost a decade of engagement and to express gratitude for america's role in the rebuildi

. >>> i'm hampton pearson with your cnbc market wrap. the dow ends up four point.00 gains two. however, the nasdaq fell by 26 points. the declines in tech shares were courtesy of oracle. the software giant's earnings missed estimates for the first time in a decade, and that sent the stock down 11%. in the housing sector, sales of previously owned homes rose 4% in november. prices were also up slightly, distressed property, foreclosures and short sales accounted for about 30% of the sales. bank of america has agreed to pay $335 million to settle allegations its countrywide credit unions discriminated against minority borrowers. it's the largest settlement in the history related to residential fair lending practices. b of a bought countrywide back in 2008 and the justice department has cleared the planned merger of excelon and constellation energy. that's the latest for cnbc, first in business worldwide. now back to "hardball." >>> welcome back to "hardball." today the republican presidential field shrank. the former new mexico governor gary johnson quit the party to

ttd# 1-800-345-2550 >>> i'm hampton pearson with your cnbc market wrap. low-volume, low-intensity sell-off to start the week. the dow jones industrials falling 162 points. the s&p 500 slipping 18. the nasdaq giving up 34. investors apparently rethinking friday's positive reaction to that eu summit in brussels after fitch and moody's said the commitment to tighter fiscal integration will have little impact on the current crisis. that pushed gold and silver prices lower, as investors shifted money into dollars and bonds and wait on the big banks with morgan stanley and citigroup skidding more than 5%. intel plunged after slashing its profit outlook, blaming hard drive supply shortages due to flooding in thailand. diamond foods cratered on reports on accounting irregularities. and some m&a activity. martin marietta is proposing a stock for stock merger with vulcan materials, sending both stocks higher. that's it from cnbc, first in business worldwide. now back to "hardball." >>> i always believed that this was a long-term project that reversing a culture her

. >>> i'm hampton pearson with your cnbc market wrap.vember jobs report. the dow jones industrial sliding 25 points. the s&p 500 shedding 2. the nasdaq actually picked up five points. investors were treading water today, waiting to see what tomorrow's report from the labor department has in store. on wednesday we learned that private employers added more jobs than expected in november, but today we had weekly claims edging above the benchmark 400,000 level for the first time in more than a month. yahoo! shares jumped on word a consortium is considering making a bid for the company at around $25 billion. gm, ford, chrysler all reporting increased auto sales in november, but toyota and honda consider to struggle. and a mixed bag forç retailers after target's november sales figures came in lower than expected, while costco, limited brands, wet seal and buckle supported surprisingly robust sales. that's it from cnbc, first in business worldwide. now back to "hardball." >>> it ain't over until it's over. >> amen. >> yes. >> a few of our warm

. >>> i'm hampton pearson with your cnbc market wrap.ones industrials ending the day up 45. the s&p 500, up 4, the nasdaq gaining 2 points. the dow had been up as much as 144 points, but it turned around following disturbing comments from the head of the imf. she said europe's debt crisis is not just unfolding, but escalating. and that no country's economy would be immune. as for the u.s. economy, weekly jobless claims dropping far more than expected. they fell by 19,000 to 366,000, the lowest level since may of 2008. the average rate on a 30-year fixed rate mortgage fell back to historic lows in the most recent week. it's now 3.94%, a low set ten weeks ago. fedex reporting earnings that far exceeded expectations. the company's profits soaring more than 30%, thanks to higher shipping rates and cost controls. shares finished 8% higher. >>> another bright spot today, luxury retailer michael kors. the stock ended up 21% on its first day of trading. that's it from cnbc, first in business worldwide. now back to "hardball." >>> welcome back to

. >>> i'm hampton pearson with your cnbc market wrap.lines in the final hour of trading. the dow jones industrials plunging 198 points, the s&p 500 shedding 26, the nasdaq giving up 52 points. investors still focused squarely on the european debt crisis and this big economic summit underway in brussels. today, we had conflicting reports on whether administers will agree to have two bailout funds running simultaneously. in fact, a german official reportedly said flat-out that germany is not on board. earlier, the ecb slashed its primary interest rate and appeared to be moving away from the idea of aggressive bond buying to help support countries in crisis. in stocks, ford slumped after re-stating its dividend at 5 cents a share, its first in five years. and ibm is beefing up its cloud computing power with the acquisition of retail software firm demand tech for $440 million. that's it from cnbc, first in business worldwide. now back to "hardball." >>> welcome back to "hardball." newt gingrich is basking in his recent surge as the front-run

. >>> i'm hampton pearson with your cnbc market wrap. the dow jones industrials drop 131 point. 500 losing 14. the nasdaq down 40. concerns over european debt sent stocks down for a third straight day, leaving the dow down 3% this week. investors again fleeing stocks for the relative safety of treasuries and the dollar. commodities were slammed. gold slid 5% to 1,584 an ounce, trading below its 200-day moving average for the first time in two years. oil prices also down 5%. sliding commodity prices weighed on the energy sector. exxon mobil off 1% and schlumberger off 5%. transocean down 4%. halliburton falling 3%. and groupon also ending the day lower. analysts are taking a caution stance on the company which had one of the most highly anticipated ipos of the year. according to the "wall street journal," of the 15 firms covering the shares, 10 have a now tral rating on them. that's it from cnbc, first in business worldwide. now back to "hardball." >>> welcome back to "hardball." there's no denying right now that newt gingrich has a solid lead in the republican primary field righ

. > i'm market pearson -- margaret pearson from the university of maryland. your assertion about a coronation problem. we have heard a tremendous evidence that there seems to be a coordination problem. everybody thinks that the europeans and the banks and there is a major source of solutions. at the same time, the u.s. needs to step been, the chinese need to step in. imf seems to be sitting back and waiting for europe to be the central motivator for this as well. looking for a sliver of hope about how these coordination problems can get solved. if europeans go to great extent then they have so far to solve the problem -- where is this initiative going to come from beyond the europeans doing what they need to do to get the multi lateral and the great power cord nation in as well? it is a process question. >> we have a question on protests and on the internet, and we have a question about protectionism in china. we have other questions. yukon, you want to -- >> on the use issue and the concerns about the restrictions on the internet and the individual rights. w

>> reporter: ian pearson may be desperate but he's not in den l denial. >> no excuses. i have no good reason as to why i waited until the last minute. >> reporter: he has lots of company, 77% say they have not finished shopping, at the 11th hour, three things lead to these long lines, adrenalin. >> i feel more in the spirit when i do last-minute shopping. >> here you go. >> reporter: schedule. >> i work 30 hours a week and i go to college full time. >> reporter: and strategy. >> yesterday everything was 40% off. >> reporter: no matter the reason, for many the longer they wait, the more they spend. according to a new "consumer reports" survey, 40% say they'll shell out more than planned when forced to shop last-minute. >> they're so desperate to get their shopping done that they're willing to bust their budget to get what they have to do and get out. >> reporter: this year, even those who started early could be frustrated and angry. thursday best buy announced somebody who ordered online won't get their gifts in time for christmas. the electronics store ran out of the ye

. >> i'm margaret pearson from the university of maryland.d a tremendous evidence that there seems to be a coordination problem. everybody thinks that the europeans and the banks and there is a major source of solutions. at the same time, the u.s. needs to step been, the chinese need to step in. imf seems to be sitting back and waiting for europe to be the central motivator for this as well. looking for a sliver of hope about how these coordination problems can get solved. if europeans go to great extent then they have so far to solve the problem -- where is this initiative going to come from beyond the europeans doing what they need to do to get the multi lateral and the great power cord nation in as well? it is a process question. >> we have a question on protests and on the internet, and we have a question about protectionism in china. we have other questions. yukon, you want to -- >> on the use issue and the concerns about the restrictions on the internet and the individual rights. we have to realize this is the generation has no direct c

. >> i would refer you to a brand-new study published by pearson institute which is actually, i will be modest but it's true, a seminal breakthrough study. [laughter] not all of our studies are seminal breakthroughs but this one is. what it does is analyze the extent to which services are tradable. people have traditionally well haircuts, home health care, that stuff is not tradable. it turns out when you really analyze its 60 to 70% of all of our services are tradable and exported all over the u.s. from seattle to atlanta. if so why not to tokyo? so we have got a huge unexploited venture in the services area. up until now the data compiled by the u.s. governmental services has been abysmally tiny, 30 categories compared with 10,000 manufacturing. we have no idea what we could do with service. the new study at least against it chip and a bad and shows that we could double, triple our trade surplus services already getting close to $200 billion a year, areas where we have a competitive edge. lawyers, engineers, architects, all those things just as good as boeing aircraft in caterpilla

thing, willie, you can see this coming liking a freight train coming out of the midst, as professor pearson said in class, the other thing that's going to be a leading indicator of america doing is an all sec national championship. you knew it was coming. >> saw that coming. 19 minutes. >> it took 19 minutes. can i say, though, seriously? there's no doubt. turn the music down, we're getting to the important stuff now. there's no doubt that alabama and lsu are the two best teams in america. i don't think there's any doubt of that. that said, if i were oklahoma state and i deboned my rival oklahoma in a big game, i would be so angry right now. again, alabama deserves to be there. i would say that even if i weren't an alabama fan. but this system is screwed up. if a team like oklahoma state was able to do what oklahoma state did and they don't have the shot at the national championship along with lsu and alabama. >> oklahoma state won the conference. >> right? >> beat the crap out of oklahoma. if you don't mind my saying, more win verse ranked teams, over teams with winning records. if you loo