sheila, good to see you again.hank you for being with us. >> reporter: thank you. >> you need a lower credit score to secure a better rate. i'm puzzled if that's good, how low it should get. it got low and we got ourselves in a financial crisis. what is the weak spot for that sort of thing? >> i don't know if it should be all about credit scores. we should be looking accountability to repay. do you have a good credit history. this may be reflected by the credit score and other factors. do you have enough income to cover mortgage payments, do you have enough of a down payment? that's important. the variety of underwriting factors that banks traditionally looked at and did so quite successfully been the advent of the securitization. >> sheila, i've known you for 30 years, it doesn't matter. they're going to give a loan and sell it off to somebody else. >> there are a lot of small banks who do portfolio lending, but not so much with the private markets. that doesn't exist right now. it exploded during the crisis and h

sheila, as you looked over all the numbers what's the one big takeaway you see in this report? >> reporter: the one key takeaway is that facebook has really figured out the seek republican set when it comes to monetizing social media, especially the mobile aspect of it. when facebook first came on the scene a lot of questions how is it going to monetize its users. advertisers really flocked to the platform would facebook be effective? this really seems to have thrown cold water on all those doubts. facebook showing it's at the forefront when it comes to digital advertising. another thing a lot of people have been questioning is facebook losing its cool when it comes to users. in the past year facebook said it added 170 million users to the platform. >> sheila, stay there. there's a deal to talk about tonight. china's lenovo apparently buying google's motorola handset division for almost $3 billion. that unit makes the motox and g smart phones. google bought the company not too long ago, in 2011 in fact for $12 billion, little more than that. that 12 billion is more than four ti

who else to discuss that than sheila bayer, now the share of systemic risk council at pew charitable trusts. i asked her if looser spending standards are a good thing. >> i don't know if it should all be about credit scores. we should look at the ability to repay. do you have a good credit history. this is reflected by the credit score and other factors. do you have a bit of a down payment. i think that's important. so there are a variety of underwriting parks that banks traditionally looked at and did so quite successfully. >> even small banks that used to say, sheila, we have known you for 30 years, it doesn't matter because they're going give a loan and sell it off to somebody else. >> well, they do a lot of with gsc, freddy may an sally may and freddie mac. yes, i think some balanced lender standards is good but we don't want to get back where we were prior to the crisis. let's face it. we had too much mortgage lending prior to the crisis. it was an unsustainable engine of consumption. people doing these serial cash out reifies with mortgages they couldn't afford. it was a bad mo

once again, let's turn to sheila. what was the key takeaway from this earnings report? >> google's core business online advertising on a role but we are starting to see pricing pressure creep in. the volume of online ads is up 31% but pricing fell 11%, that is certainly not a trend that investors like to see. google is investing heavily into new businesses, we learned about their nest acquisition, they are on the sidelines what this means for google's future. that trend of volume up, pricing down not the greatest news when it comes to google. >>> here's another things investors should pay attention to. google is ready for a stock split with shares going more than $1100 each they are slated to split the stock this april creating new shares that's have no voting power. this comes after they settled a shareholder asset that allows co-founders to retain control of the company. >> more google news. google is selling its motorola mobility handset unit to lenovo. but the failure of the acquisition won't stop google from putting its money into new and risky ventures. >> at the

sheila jackson lee. ms. jackson lee: let me thank the gentleman from nevada, mr. horsford, and mr. jeffries, both, for, again, convening the members of the congressional black caucus. under your leadership and the leadership of our chairwoman, the honorable marcia fudge, and to be joining here on the floor at least to date with our colleague from new york, our colleague from north carolina, our colleague from new jersey, which is clearly showing the vast depth of this particular crisis, going from south to north and to far west and the state of texas. let me say to those who are presently unemployed, the 72,000 a week that occurs as we stand on the floor of the house, that you can count on the members on this floor, the democratic members, the congressional black caucus, and our good friends on the other side of the aisle to recognize that this is not a partisan issue, but an american issue. just a few weeks ago or just

back to you. >> sheila, thanks. >>> american girl, popular in my house. monster high, not so much. >>> breaking news in the bond market. seven year note up for auction. what did demand look like, ricky? >> two auctions in one day. does life get bet jer $29 billion, seven years. at the auction, 2.1 nine9 er, a higher price, a good thing unlike the five year. 255, 2.55 auction average. higher, 2.65. close to 45% on indirects, higher, the ten auction average. close to 20 under racks. good thing. ends up in investors hands. b minus the grade. better demand and once again i normally say we've got to look for the next series. the nebs series is next week. 3s, 10s, 30s, on the back. see you then. sue, back to you. >> thanks. appreciate it. >>> go to seema fo a quick market flash. >> good afternoon. check out con core technologies, second highs. provider of travel and expense management solutions posting better than expected quarterly earnings on higher sales and guided 2014 earnings above street forecast. a programming note. conquered chairman and ceo jim cramer

sphwhrmpleghtsdz sheila macvicar. sheila macvicar, what he left out. >> first offal, some of the toughest speech was saved for iran and especially the congressional threat of new sanctions against that country. president obama says it is american diplomacy that has halted the advancement of iran's nuclear program and has temporarily, pushed that back. may be difficult and may not succeed and the trust between the u.s. and iran cannot be, quote, wished away, vairvel vere actions. >> let me be clear. if this congress sends me a new sanctions bill now that threatens to derail these talks, i will veto it. [applause] >> for the sake of our national security. we must give diplomacy a chance to succeed. >> if facial expressions are anything to go by, senator mccain and speaker boehner looked unmoved. turning to afghanistan the presidential said as he said before, that u.s. will complete their mission and by the end of this year the longest war will be over, president karzai, has continued to move the goal post on that and hi

>> sheila, thank you very much. >>> investors looking for safety. gold has been moving higher.ight now we are almost at close. sharon epperson is tracking the action at the nymex. >> we are above the 1260 level here for gold prices, above $1260 an ounce, and we have gained about $12 here in gold price. gold was up as much as $20 earlier this session. traders say they are waiting for the fed decision and for many of the last several meetings, we have seen gold prices sell off after the fed meeting. we'll see if that happens again today. we're continuing to watch, of course, the emerging market situation and the fact that investors are looking for a hedge against that volatility is part of the reason why we have seen gold prices climb some 5% this year. back to you. >>> ahead of the fed meeting and the minutes and the decision, rick santelli is tracking the action at the cme for us. >> interesting day. you have twos to tens flattening, five to 30s steepening, a variety of wiggles. the intraday ten, down four basis points. we made high yields going back to the summer of 2011. at t

sheila ran the numbers. she's live at the nasdaq. sheila. >> hey there, tyler.screened specifically for stocks that are entering 2014 with a big bang when it comes to valuation and looked outside of those high-flying sectors like technology and biotech. first up on the list is mondelez. despite the fact it lowered sales guidance for the year. now, analysts tell me europe is a weak section of the company, but north america has continued to hold up. as for whether the bang is worth the buck, it all depends on what nelson pellets and relational will do. remember, they have big stakes in the company, all eyes on whether there's going to be any action in 2014. now, i got another food-related stock for you, and that's chipotle mexican group. you guys were just talking about it with cramer. the stock has had a big one. forward pe around 50 times. and this is even despite very volatile earnings over the past 12 months. analysts tell me when it comes to operational metrics, the company continues to outperson form average annual sales growth on a same-store level about 8%

. >> sheila, this is quite incredible. we think of the french being open minded and they love love. >> yes as made clear, we not puritans like americans. >> we have that american perspective. we want to bring on board christopher, who is the paris bureau chief and you are speaking here as the paris editor this evening, chris, and you get equal time. you were there at the press conference, sheila has an international view and as a woman, chris, how is seen, how was the event of the day, terribly long? >> well you know the press conference well over two hours and i think maybe three or four minutes in total devoted to the whole question of the president's alleged affair with 41 year old actress. and that was all that anybody really wanted to hear about, because the other two hours and 8 minutes or so were devoted to a long talking endlessly about the economic programs, a little about the wars he's waging in africa, things are important enough but heard about before and almost no headlines in it. the whole question, would you

. >> reporter: i met tonight with sheila e here at the fox theater. performed with artists, such as prince and lionel richie. now she is planning a fundraiser to benefit students all over oakland. ♪ [ music ] >> reporter: lost in the music. >> music makes me want to come to school, and it makes me want to go to college. ♪ [ music ] >> reporter: lost without the music. >> i don't really know what i would be doing without music. i don't even think i would be here, like alive without music. >> we're gigging a lot outside of school. which is really a great insight into being a professional musician as a feature career after we finish high school. >> reporter: with sheila e, elevate oakland, a nonprofit provides music lessons, possibly to families without the means. sheila e says music saved her life. >> music and arts helped us to get somewhere to do something. i was one of the ones that was in gangs. i was not a good kid. >> reporter: this teen says immersing himself, and playing drums, often helps block the sound of of gunfire. >> if i feel sad, or mad,

. >> reporter: i met tonight with sheila e here at the fox theater.he had performed with artists, such as prince and lionel richie. now she is planning a fundraiser to benefit students all over oakland. ♪ [ music ] >> reporter: lost in the music. >> music makes me want to come to school, and it makes me want to go to college. ♪ [ music ] >> reporter: lost without the music. >> i don't really know what i would be doing without music. i don't even think i would be here, like alive without music. >> we're gigging a lot outside of school. which is really a great insight into being a professional musician as a feature career after we finish high school. >> reporter: with sheila e, elevate oakland, a nonprofit provides music lessons, possibly to families without the means. sheila e says music saved her life. >> music and arts helped us to get somewhere to do something. i was one of the ones that was in gangs. i was not a good kid. >> reporter: this teen says immersing himself, and playing drums, often helps block the sound of of gunfire. >> if i feel sad, o

sheila is joining us with what the latest string of reports are really telling us. sheila?literally been combing through these transcripts reading the so-called earnings tea leaves and the first thing we found, a word we saw a lot of especially when it came to retail disappointment. coach, for example disappointed in its performance. so was best buy, five below, elizabeth arden. investors showing how much they didn't like the word and, in fact, all those stocks saw a lot of earnings pain. the number two theme we saw, china. despite all the macroconcerns about china's growth it has been a bright spot for several companies so far. double digit growth in china, even coach had a 25% growth rate in china. american express, general motors, both companies saying they saw a lot of strength in the region. gm opening four plants in china through 2015. finally, the last thing we saw a lot of, you know what i'm going to be talking about now, it is the weather. blizzard, polar vortex whatever you want to call it it has been very, very cold. it has been snowing a lot, and that has impact

well, sheila jackson lee, it's not a handout.hey can get back into the work force and stuff like that. sheila jackson lee was talking about how the term "welfare" is just charged and it's too pc. she would like to see a new term for it and take away the stigma of welfare. she's even got a suggestion. >> maybe the word welfare should be changed to something of a transitional living fund, for that is what it is, for people to be able to live. >> what's wrong with the word welfare? >> it's fairing well. who likes the term of anything now? we pretty much hash tag and abbreviate anything. >> take a look at food stamps. they're no longer called food stamps. instead you have a snap card. 45 minutes ago, we had james freeman from the "wall street journal" editorial and he was thinking about what sheila jackson lee said regarding the transitional living fund and he had this new term for unemployment. >> i guess some people might feel better to call unemployment benefits a transitional nonworking fund. but the truth is, you're really not h

and sheila macvicar on what mr. obama said and didn't say on problems. and on the night of problems, this is reality. >> i feel like 24 hours, at the restaurant five days a week every night i drive taxi. >> what it's like to work so hard and still fall short. >> and good evening, thanks for joining us. i'm joie chen. we can't exactly say it's a comment from the heavens. but on washington's biggest night of the year just as president obama finished his state of the union address, a very severe, very rare storm , down in the beltway. beginning with the chaos down south. upper north you may not understand this but this is jackson, mississippi and this is when that part of the country gets snow and those vicious, vicious temperatures, it feels as cold as minus 30 with the wind chill not bad for a mid westerner, but this is beyond comprehension cold. in atlanta, the traffic came to a standstill. stand-still. meteorologists say it happens once every ten years. i think they would say it's been longer than that. state of pln louisiana declared a state of emergen

sheila is here with the details. >> good evening, larry.e did have another down day in the markets, a carryover effect from last week's sell-off. investors still concerned about the emerging markets we were just talking about and of course the fed and the tapering decision. here's the things -- the decline wasn't as bad as you might have expected. dow jones industrial average falling 41 points or just a third of a percent. s&p 500 falling a half person today. technology was the worst-performing group. industrials, the best-performing group, thanks to earns which we'll get to in a second. take a look at the nasdaq. it was a laggard today. that is not something we say too often. the tech-heavy index falling more than 1% on the day. caterpillar prop up the dow after the profits and sales beat estimate. company also announcing a $10 billion buyback, and we want to mention merck, hitting a record high. a pleasant green after morgan stanley upgraded the stock to an overweight, citing the company's prospects for a new cancer drug having improved a

we will talk to the former chairman of the fdic, sheila bair.im shall use it in him hi >> how long has it been since the volcker rule was finalized? in only a matter weeks, but others are preparing to roll parts of the bag. this is all very technical and has to do with cbo's and trust preferred securities. it does point to the challenge in reining in the type of trading that dodd frank was designed to prevent. sheila bair knows this as well as anybody. she is with us from d.c.. i would love to know where you come down on this issue. is it reasonable that banks should be pushing back on parts of the volcker rule which it admittedly in the eyes of some was tougher in its final version and many people expected? >> well, when they did finalize the rule, they simplified it, they made it a bit stronger. that was a good thing. a lot of the controversy now, i think it is kind of a sideshow. it deals with some of the smaller banks and the holdings that they have. they are not nice securities. dodd frank set a plan to face them. changing the culture of cu

>> sheila thanks so much. take a look at what we have left. about 50 minutes on this monday before the closing bell rings. the dow jones, a nice snack back at least from certainly earlier on in the session. we're up 50 points. the s&p 500 as i see it is up by just a couple. >> even the nasdaq is only off 15. we'll see -- >> nasdaq was off by more than 50. >> exactly exactly. keep a close eye on that one. emerging market weakness continuing to weigh on stocks. we'll tell you exactly what's been going on overseas. plus we'll look at the exchange traded funds for the markets have that taken a beating and wonder if now is the time for bargains bargains. >>> we want to know what you think the fed should do this week amid this global market turmoil. should they keep tapering? we'll reveal your best tweets coming up. >> @cnbcclosingbell is how to reach us. plus we'll hear from john calamos. he will join us later exclusive exclusively on "the closing bell." jur watching cnbc, first in business worldwide. opportunities

sheila, thanks very much. head towards the closing bell with about 12 minutes to go, the dow is up 105. >> storms are storming back today. should you believe in today's ral rally, or will global market turmoil keep putting pressure on the u.s. market? that's next. i'm telling you, do not go anywhere. we're hoping to get a shot as well of eli manning, who's going to be walking the floor. i know you want to see that. so stick with us. we're back after this. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price, maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. i nethat's my geico digital insurance id card - gots all my pertinents on it and such. works for me. turn to the camera. ah, actual

back to you. >> all right, sheila. thank you very much.d stocks might be your best bets this year? let's bring in two guests. piper jaffray and r.j.hatavi. sheila talked about that morgan stanley upgrade to mcdonald's. here's my problem. the dividend payment on mcdonald's, 3 hadn't .4%. do you believe mcdonald's will have to raise its dividend and soon to compensate investors for owning what has been a pretty slow-growth company? >> yeah, i have dividend growth being part of the story longer term with this name. i have effectively their dividend growing at a high, single-digit clip. i could see it going above that. i think returning cash to shareholders has been a big part of the investment story. i think mcdonald's will continue to do that. >> certainly there's one stock that sticks out for both of you. that's starbucks. nicole, give us the case. >> well, there's a number of catalysts. the first is the u.s. comp. the second is european margins. they're getting much better. china, asia pacific, pure unit growth, huge acceleration. finally,

sheila dharmarajan at the nasdaq. hey, sheila. okay. looks like we just lost you, sheila dharmarajan. meantime, we will send it back over to chicago. tyler? >> welcome back to chicago and the morningstar mutual fund manager of the year award. the person who leads morningstar's mutual fund global research is scott burns. he will be my partner this hour and help me introduce and interview some of the candidates here. you know mutual funds as well as anybody. this is obviously a different kind of awards because it's not merely their performance in 2013 that will stand out. how do you pick these managers you think are managers of the year? >> thank you, welcome back to chicago here. morningstar has been handing out the fund manager of the year award for over 25 years now. we have a great team and it's a team thing we work on. our analysts get together, surveys the entire landscape. we are really looking for the best of the best. as you said, it's not just about 2013. to be eligible for the morningstar fund manager of the year award, a manag

>> sheila, thanks.here are winners to be had out there today. >> and there are people stepping into yahoo! and facebook as far as taking shots, figure that maybe some of this, yahoo! is already corrected, what, 14%, 15% from the highs, 4172 or there abouts down to here. november it did find some base down there at 35. we'll see if that holds. >> this could all turn around. this could all turn around after the fed today. >> what about the earnings after the bell, too? don't we have important tech earnings after the bell today? >> qualcomm and a few others. >> facebook. >> take a longer term approach. great market last year. markets consolidate, markets come down. i think a long-term approach -- >> at some point if you're wanting to buy technology and hanging on what the nasdaq is doing. you've had apple come out and lay an egg. the stock is down. you've now had yahoo! come out and lay an egg, the stock is down. at of some point you have to start producing here or you're going to get a break, a crack. >>

sheila dharmarajan watching it. josh lipton on google's good year so far. but we start with dominic chu and some stocks that are getting a real boost from the big tech show out in las vegas. take it away. >> the big companies are always going to get the headlines but here are some of the fun ones. sue alluded to one earlier. that's fleer systems. this company, fleer, you got to think about night vision but thermal imaging, these guys do a lot of that kind of work. what they have announced is a new app for your iphone that can do thermal imaging as well. if you talk about the way the stock has performed, check this out, because this company, it really has done well in this new thermal technology, it could be good for the iphone and good for sales going forward as well. also one you want to watch, also touch screenish for phone and ipads, a new product could revolutionize notebook computers going forward. it's magnetic which lets you have not just a keyboard but also a touch screen function for that as well. that company is doing pretty well in terms of its s

let's go to sheila dharmarajan for a market flash. >> check out shares of xerox. that stock down more than 5% and on track to fall for the sixth straight session in a row. today it cut its shares from outperform citing valuation on friday, barclays cut its shares to underweight citing competition in emerging markets. just as you were talking about, all the emerging market conditions are certainly worsening. remember despite today's drop, in the past week's drop, xerox had gained about 79% in 2013. >> thank you very much. if the emerging threat becomes worse, what will it mean for the u.s. housing market? we'll tell you about it next. >>> and from the ukraine to the great polar vortex, it's striking again. it is so bad, how bad is it? it is so bad that schools in places where they're used to snow and ice and cold have canceled classes. that includes chicago, much of the state of minnesota. the forecast is coming up. >>> plus, companies born in the u.s. with little exposure to the rest of the world. dollar tree, e-trade, humana and denbury, all 1% of their revenues

sheila? >> yeah, here's the sigsz, scott. at 11:42, options trading here at the nasdaq for stocks beginning with a through m did go down for about 18 minutes. they are now back up and functioning at about 1:00 p.m. we do have a statement from the nasdaq only thing they're saying is they experienced an issue with data and one of the three options exchanges. things are back up and running right now but they are fully investigating the matter. if you experience an outage for stocks a through m, it is back and functioning and the nasdaq is investigating the matter. of course,this is just the latest string in woes here at the nasdaq when it comes to technical issues. >> sheila, thanks. back to you, rick, before we wrap this up. buy municipal bonds today? is that a reasonable way to look at this? >> yeah, i think when two years from now when people look back and see what's happening in our environment today, people are going to recognize you have growth in the economy. you can't drive employment fast enough because of technology an

thanks, sheila. terrific job. dominic chu has been standing here, chatsing about our days in california. >> absolutely right. >> before that you were working hard on your screen. >> we were talking about small caps. a reason many traders care about the small cap stocks because they're viewed as possibly a leading indicator for the direction of the broader market and even the broader economy. so when you see a divergence and underperformance in that part of the market, it suggests maybe there's some attention that should be given to it. that's what happened yesterday. the first trading day of the year, the s&p 500 dropped by around .9%. the russell fell around 1.1%. may not slij a lot. it's one of those days, one day's worth of performance, but we've seen a relative weakness in small cap stocks over the last week or two. after hitting a 52-week high that russell index has started the beginning stages of what could be a move lower. among yesterday's biggest losers, were on-line review sites angie's list and brewer b

bob pisani is on the floor and sheila is uptown at the nasdaq. bob, you know, does this comeback have staying power and a lot of it has been linked to currencies but fridays are traditionally not in a crisis, not good for currencies. >> you will devalue currency, you do it over the weekend. the answer is the recovery is nice but very fragile. that's all you can say. anything more is really not very smart at this point. let's show you what's going on. the s&p 500, well, we hit the lows right after the open. this often happens and traders look for a bounce. that's what we got. as we he got closer to the european closer, europe improved. most of it was down. that happened here in the united states as well. we are near the highs for the day. the dow is having trouble again today. it's been a mess all month. down almost 5%, the s&p down 3% on the month. that's because individual stocks are having earnings problems. today, chevron wasn't bad, just no growth, just like exxon yesterday. chevron had earnings, dragging things down. because chevron was down

sheila on whether the nasdaq's bounce is for real. steve grasso on the key levels to watching today's trade. and morgan stanley's vince reinhardt on the fed follow. we begin with the biggest movers on the biggest day for earnings so far. pete, you nailed it. facebook and under armour. >> you know, we talked yesterday about facebook and the fact it had done absolutely nothing when you look over the last monday or so. basically it had been up 1 1/2% maybe. trading around $55 a share. they absolutely slaultherred these numbers. exactly what murph and a lot of the guys who had been pounding the table on this name or a long time were looking for. they did it, through execution. under armour signaled they were going to and then they actually delivered. it was february notal, scott that the folks actually -- that's why it's a stock picker's market. you're looking for the right stocks to be in at the right time. under armour continues to go up for the upside. >> your brother, jon. which reports matter tonight? amazon, google, chipotle. >> the

sheila? >> i want to pick up on the undecided point. drove the nasdaq last year that this year a lot of people are weighing in. biotech a huge winner last year. this year a lot of people questioning valuation. >> bob, sheila, and rick with our exchange wrap around. thanks very much. have a good evening. >>> now, we warrant to talk about csx, the railroad name just out with results. looks like a slight miss on the earnings side, perhaps a match on the revenue line, but shares down after hours. we will be speaking with the ceo of the company. the biggest railroad, in fact, in the eastern u.s. keep it right here. "the closing bell" is back after a quick break. [ male announcer ] we could say a lot about the most track-tested is ever... but the truth is... we don't have to. the experts have spoken. now it's your move. ♪ now it's your move. (voseeker of the sublime.ro. you can separate runway ridiculousness... from fashion that flies off the shelves. and you...rent from national. because only national lets you choose any car in the aisle...

"america tonight"'s indepth look at the issues with sheila macvicar on what's when children become invisable. >> rowana ward works on spelling with her eight-year-old son, joel. >> see how the e and the i are switched >> ward is home schooling, something she is passionate about and def oats hours to every day. >> you can tweak your curriculums and teaching styles to the way your child larns. for me it's an awesome and fulfilling thing to see my children learning, be there with them as they grasp new concepts. >> ward home school her two daughters and was home schooled herself. unusual in her day to earn a picture in the local paper. ward writes for a blog next gen home school that helps other home schooling parents. for her and others teaching children at home is part of their faith. >> as a christian we believe whether you send your kids to public school or home school them, you are responsible to god for how you raise your children. >> parents is the their own plans and decide what and how to teach. there are no regulations governing home schooling. oklahoma is the one state where the righ

sheila has the tail. >> it broke friday. the apparent confirmation in what has been rumored in paris for months. the secret liaison between a beautiful actress, and france's president. she went to his apartment, followed shortly by a helmeted man on the back of a motorcycle. the french president, in a feeble disguise, identified by his shoes. and the give away, the face of a presidential bodyguard, who arrived the next morning, bearing a bag of croissants. all of this will be a gallant shrug, if not for this woman, france's first lady, valerie. the pair are not married. but she has taken up residence in the presidential palace, and plays the role of the premier madam, and has a bodyguard, all paid for by the french state. first girlfriend, a role that is now in question. she was shocked, hit in the gut by a speeding train, has been hospitalized since friday, with a severe case of the blues. from the presidential palace, there has only been a plea that private lives should be just that, until today. the president's new year p

sheila mcviccer reports that the militant presence has shifted baghdad. >> this is the city proud l.l.cheld by u.s. military forces nine years ago today. the the islamic state of iraq and lavont, an al-qaeda affiliate waged battle over the weekend. only 60 miles from baghdad, they took control of police stations and set up checkpoints around fallujah and the nearby city of ramadi, ultimately taking over today. >> translator: the revolutionaries of our tribes in fallujah have resolved to punish the tribesmen. we are also determined to shoulder the responsibility of scheme. >> sunni tribesmen have taken up arms against al-qaeda-linked forces as they did when the u.s. was still in iraq in exchange for payment. but after u.s. forces left, sunni shiia conflict intensified. the sunni tribesmen have been in conflict with the shiia led government of nuri al-maliki. the cracky capitol was hit by violence as well. there, a series of deadly bombings took the lives of 20 people on sunday. today, a senior iranian commander pledged military aid to help the iraqi government. the gesture followed a sta

but as sheila mcvicar reports there's questions of risk and safety. >> rowana ward works on spelling with her 8-year-old son joel. ward is home schooling, something she is passionate about. parents set their own lesson plans and decide what and how to teach. there are no legislation. oklahoma is the one state where the right to home school is enshlined in constitution. there was one in 25 states where there was little or no oversight. >> home owners don't have to show that education is taking place. ward is a member of a conservative christian organization with a powerful lobbying arm, fighting for and winning the deregulated environment. there's a gap between the home school ideal and the reality. >> no regulations means parents don't have to register their home schoolchildren, and it's up to the parents to make sure the kids are getting an education. here at this gated housing we are told that there are dozens of kids, as many as 100 or more of all ages, who are not in school and not getting education at home either. there's no way to know because no one is keeping any records. >>

sheila mc-vickar with that story. >> on capitol hill, they were in session. >> i'm speaking of a damaging theft of intelligence information. >> not for the first time edward snowden was the main topic. >> what edward snowden stole and exposed is beyond his concerns. as a result we lost critical selections. >> tourists and other adversaries are going to school on u.s. intelligence sources methods and trade craft, and the in sights they are gaining are making our job harder. >> since fleeing the u.s., first for hong kong and moscow. the former n.s.a. contractor leaked secrets on an epic scale. >> if you printed them all and stacked them, they'd be more than three miles high. >> collection programs called prism, muscular, tumult and turmoil, sucking in data from phone and internet companies, most belonging to ordinary people, including americans who were suspected of nothing. embarrassing revelations about spying on foreign leaders, tapping angela merkel's cell phone, and edward snowden fold german tv - spying for commercial gain. >> does the n.s.a. spy on siemens, on other successful german

hello, i'm sheila macvicar, sitting in for antonio mora. welcome to "consider this". we begin with a groundbreaking study, published in the journal of science. that cast doubt of patient protection and affordable care act. the white house and its allies have often said that expanding hearing coverage to the uninsured will lower health care cost. but might the opposite be the case? we're joined from philadelphia by katherine backer, professor of meat economics at the time at the harvard school of public health and one of the studies of oregon's public health education, and from san francisco we're joined by james prob innson, professor of health economics university of california at berkeley. thank you very much for joining us. professor, in 2008 they expanded medicaid through a lottery given a rare chance to observe the effects of the expansion alongside a controlled group of people who did not receive coverage. what did you find when you started looking at what expanded medicaid coverage did for people? >> we looked at the multifaceted effects of medicare, benefits o

but sheila bair is different. profile in courage awards by the kennedy center.t want something with her experience and expertise? this is what we wanted all of the time, and now we are getting it. is what ir a break, say. >> something happened here. we all ended up agreeing. is a positive. thank you for joining us. >> when we come back, ups. we just got off the phone with the company cfo, and we will bring you that conversation when "market makers" returns. ♪ >> welcome back to "market makers." i am stephanie ruhle. profits fell, thanks to issues with holiday delivery. carol massar just got off the phone with the company's cfo. i love seeing you in the brown uniform. >> here is what happened. a lot of people went shopping last minute, and there was a lot of demand. i just got off of the phone with kurt kuehn, the chief financial officer. if you have ever been to louisville, that is their chief area where everything goes in and out. have a lot more shippers moving closer and closer to port, and what he said is a lot of people came to get things out last, and they

continuing the conversation with bloomberg businessweek's sheila on sac capital.hallenge for this year. it is technically no longer a hedge fund. >> the government indicted sac firmfrim, -- a firm, the pled guilty and they did not charge cohen himself. the firm cannot manage outside money and it will be a family cohen's money.g >> a leaner operation. as you mentioned, mathew martoma's jury selection begins monday. this person is pivotal to what happens next. there have been so many people saying why doesn't he flip? he has so much to lose and nothing to gain. what are your thoughts? >> it is a mystery. he has three children, a wife, a house. why would he fly on his -- why would he fall on his sword for cohen? he hassomething happens, decided not to cooperate. people go on trial. -- he decided to go on trial. he may be convinced he is innocent. cohen crossing his fingers martoma continues with this stance. >> how long will jury selection take? , theyusually takes 2 days, need to find jurors who have not read a lot of negative headlines about sac. >> sheila, thank y

sheila says the secret to snow driving? take it easy. >> you have to be careful if you're not tooled to it. >> reporter: 14068ing sure -- shoveling was manageable, the cold created a thin layer of ice underneath. >> it's not as unpleasant as the wet, heavily -- heavy snow. >> reporter: take a pretty ride down rock creek park, clear roads, plus pristine scenes. and that's how it ended with a picture perfect snapshot of our snowfall, pretty to look at, manageable to drive in. take it slow. >>> sterling, virginia, much of route 7 is clear, but some areas are still smooth at the, and snow-covered second dare roads, -- secondary roads, snow packed. >> how is the drive so far? >> so-so. it's been kind of a pain. you have to slow down and take it easy. >> 66 is all clear. it's not too bad. >> reporter: it helps to have a pickup. >> yeah, yeah. >> it hasn't been too bad, but it's been, i've seen a couple salt trucks i got behind. that helped. >> there's lot of -- normally. [ heavy accent. [ . >> bunch of snow, ice. >> reporter: a b

"america tonight"'s sheila macvicar thanks for joining us. many. >> thanks michael. >> the film icy sun was released late last year but it has been largely shunned by the afghan community due to the controversial topic and a scene which shows limited nudity. as al jazeera's jane ferguson reports, the star who is an afghan american is hoping this will shed light on the taboo subject of rape. >> reporter: this kind of scene is incredibly rare in afghan movies after being raped a woman stands naked. struggled to ensure it is shown unsensorred. >> it is more powerful than a full on rape scene. we have seen lot of rape scenes, she is just alone in the bathroom with herself and dealing with the wounds on the body and the body is for the afghan woman is not discussed, but those are the things that are violated, that is under dress and under control the big elephant in the room. >> fereshta kazemi, returned to her native imul t kabul to act n afghan movies. excessive interprets about her-- conservative interpretations of her culture. anything disappr

>> he speaks to our own sheila mcvicker in his first national television interview. also amanda knox found guilty of murder again. an italian jail cell awaits but will she get extradited? >> there is no way she is going back over there. >> and star power, celebrities who lend their name to products when charity and the pitch don't mix. tonight we begin with a story that has divide add community. church verses state. a beloved catholic school administrator forced to resign because he is married. legally to another man. the case raise mrs. questions as local arch diocese across the country struggle to reconcile traditional catholic teachers with pope francis' more modern comments about gays. here is america tonight's sheila mcvicker. >> they are a couple who say say they are very much in love. it was their marriage, that simple act, that cost mark his job. >> i don't feel like i have done anything wrong. i married the love of my life. it is legal in the state of washington. and it's very important, i want to be married, and i want to still have my faith and still belie

. >> host: the next call for sheri fink comes from sheila in louisiana.sheila, where is your town in louisiana? >> caller: hello. i really liked your book. i am south of monroe, louisiana. hello? >> host: please go ahead and we are listening. >> caller: yes, i liked your book. i think these doctors have a tough call. and there was a leper colony before hurricane katrina hit up the coast of new orleans. what happened there? we never heard anything. we never heard anything about that. i have researched. >> guest: i didn't hear. >> host: we will let the caller go. she wanted to know what happened to the leper colony near new orleans. >> guest: oh i don't know. >> host: how much did it cost the health care systems? >> guest: not only were these doctors and nurses brought before a grand jury, which i should say did not indict. but there were many lawsuits against the corporation itself. one lawyer described it as a failure to prepare for potential and possible disaster. they knew that hurricanes to hit new orleans and they knew that there could be flooded and