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Sep 17, 2015
09/15
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from all angles. we have austan goolsbee, professor at the university of chicago booth school of business. he joins us from chicago. he is the former chair of the council of economic advisers. andrew levin is former special adviser to fed chair janet yellen and ben bernanke, and steven englander is citigroup's global head of strategy to break down the markets. i think this is our first triple box. joe: this is very exciting. alix: very exciting. of the three, you are the ones saying the economy was good enough for a rate hike today. what did you think of janet yellen's justifications? steven: notwithstanding whether it was good enough, the fÊte was sending signals it wanted to hike. it didn't surprise me that they did tonight. what is interesting is that didn't hike. what is interesting is that the markets, a bunch of other things got brought into the picture, namely, china, asset market uncertainty. and they took a whiff. she didn't emphasize october, she didn't really emphasize , andber, notwithstanding the markets were saying we weren't expecting a height but we weren't expecting this devil of divi
from all angles. we have austan goolsbee, professor at the university of chicago booth school of business. he joins us from chicago. he is the former chair of the council of economic advisers. andrew levin is former special adviser to fed chair janet yellen and ben bernanke, and steven englander is citigroup's global head of strategy to break down the markets. i think this is our first triple box. joe: this is very exciting. alix: very exciting. of the three, you are the ones saying the economy...
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Sep 14, 2015
09/15
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joining us from chicago is democratic strategist and cnn senior political help tate or david axelrod. david, you've been inside these campaigns and you know what it's like take us inside of what happens when you're in campaign and the numbers aren't looking good, which is the situation hillary clinton faces. >> i remember eight years ago almost to the day when everybody was reading last rights over the obama campaign, we were way behind in national polls and what happens is that every donor in america becomes amateur political consultant, very generous with their advice. i remember during that period one of the donors in chicago summoning him to a meeting that he must fire his leadership and replace it with people who are more familiar with washington politics. you know, it's a very uncomfortable place to be. but you have to keep your perspective in the midst of the storm and take the long view, make the adjustments you need to make and not panic. >> dickerson: not run. what does hillary clinton have to do at this moment? >> i think we ought to apply some perspective to this. she's st
joining us from chicago is democratic strategist and cnn senior political help tate or david axelrod. david, you've been inside these campaigns and you know what it's like take us inside of what happens when you're in campaign and the numbers aren't looking good, which is the situation hillary clinton faces. >> i remember eight years ago almost to the day when everybody was reading last rights over the obama campaign, we were way behind in national polls and what happens is that every...
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Sep 21, 2015
09/15
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us from chicago. what is driving the market? >> it is largely fed talk right now.ating rates is a big deal for the markets. it has been the backbone of the rally we had the last five or six years and it is trying to figure out what the fed wants to do next. the fed is not going to move until the spring of 2016. i know people have said maybe october, maybe december, but janet yellen is the voice that matters and she seems very dovish at her press conference last week. we had for fed presidents that they expect -- say that they expect rates to rise this year. presidentd fed say they would raise rates in set ember. the fed is driven by bill dudley, they are driven by stan fisher, the vice-chairman, he is a bit more hawkish, and janet yellen, who has not spoken much but she will in the last week. she is coming out more dovish than people thought. it looks like there will be no rate hike this year. angie: another big mover, the pharma stocks took a dive after hillary clinton made a note of policy changes perhaps that she wants to enact after one pharmaceutical company r
us from chicago. what is driving the market? >> it is largely fed talk right now.ating rates is a big deal for the markets. it has been the backbone of the rally we had the last five or six years and it is trying to figure out what the fed wants to do next. the fed is not going to move until the spring of 2016. i know people have said maybe october, maybe december, but janet yellen is the voice that matters and she seems very dovish at her press conference last week. we had for fed...
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Sep 6, 2015
09/15
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ALJAZAM
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perfect union >>> let's bring in two people familiar with the union's role in politics, joining us from chicago, a professor of labour and industrial relations at the university of illinois, and from washington d.c. the spokesman for the national right to work committee. thank you for joining us. this really it for you both here. what kind of political power to unions have, robert to you first. >> well, i think it's still substantial, while the overall percentage of members has fallen. union members turn out for elections. they are well educated on elections, and issues, and union members vote at a higher rate than non-union eligible people to vote. and in tight elections, in critical states like ohio, where there's a fair amount of union density in a nation that is divided, 50/50 on many issues, organised labour can be the difference to get across the finish line. i think they are punching above their weight, and because, quite frankly, they are very good turning out people to vote. >> stanley, do you agree especially when we know that union membership is down nearly 10%, since it was 30 years
perfect union >>> let's bring in two people familiar with the union's role in politics, joining us from chicago, a professor of labour and industrial relations at the university of illinois, and from washington d.c. the spokesman for the national right to work committee. thank you for joining us. this really it for you both here. what kind of political power to unions have, robert to you first. >> well, i think it's still substantial, while the overall percentage of members has...
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Sep 19, 2015
09/15
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ambassador to the holy seer, and joins us from chicago. thank you for joining us. >> thank you. >> to let's focus on this historic trip to cuba here. third visit by a pope in cuba, in 20 years. what message do you think pope francis is hoping to send by going to the island nation. >> he sent a clear message, repeating in cuba a central message, which is the proclamation. he used the image of the island to the south, to the north, east and west, and then, of course, cast that to advance his praise for the restoration of u.s.-cuban diplomatic relations, and cited cuba's hero of independence on a powerful quote, denying barriers, and being in contrawith others. he's landed on the island, trying to open up the venues with the church and cuban society. he said "let us hope that the church continues to have the space, means and liberty to carry out the mission", and with respect to society, cuban society, you know, the pope said "let us hope we can continue down the path of liberty, the pass of peace, then the pass of reconciliation, and clearly
ambassador to the holy seer, and joins us from chicago. thank you for joining us. >> thank you. >> to let's focus on this historic trip to cuba here. third visit by a pope in cuba, in 20 years. what message do you think pope francis is hoping to send by going to the island nation. >> he sent a clear message, repeating in cuba a central message, which is the proclamation. he used the image of the island to the south, to the north, east and west, and then, of course, cast that...
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Sep 28, 2015
09/15
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joining us from chicago early is michael guerk, founder and president of brown hill partners. michael, is he telling us anything we haven't heard before? >> well, you know, just to shed light on that as i watched that full moon and everything line up together last night i couldn't help think of fed policy. everything aligned perfectly and all you got out of it was a shadow. i think that's exactly what the market did not anticipate on this last meeting. as the chairman yellen begins to use more rhetoric and become hawkish, i think the markets have adapted to that already. the icahns of the world mostly do believe that implementation should have been months ago. right now it just doesn't show up in the numbers in regards to what would be the outcome of that. that's always been my biggest proponent of why implementation should have happened already. >> earlier this year carl icahn saying he's building up a huge cash cow. are you seeing more investors do that, michael? >> well, as more money comes to the sidelines after booking profits, that's a formula that will work forever. the
joining us from chicago early is michael guerk, founder and president of brown hill partners. michael, is he telling us anything we haven't heard before? >> well, you know, just to shed light on that as i watched that full moon and everything line up together last night i couldn't help think of fed policy. everything aligned perfectly and all you got out of it was a shadow. i think that's exactly what the market did not anticipate on this last meeting. as the chairman yellen begins to use...
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Sep 14, 2015
09/15
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he's joining us from chicago. he's the president of brewer hill partners. thanks for joining us.you agree with mr. shiller, are we in a bubble? >> absolutely not. and i'm certain that he's a lot smarter than i am in rarts to the way the markets forecast his comments but, no, not at all. i think that if there is a bubble it's so far down the road that we'd need to see much higher inflated prices to warrant that. no, not what so ever. as we've been told the pe ratios across the curve as far as some of the broader indexes are showing they're at pretty stable rights. as i focus on the dollar i don't see it. >> michael, given that we had that big correction in late august and early september, is this a massive buying opportunity in your eyes? which sectors are you looking at to go long at the moment? >> i think every time that we see breakdowns incrementally to the levels well through long dated moving averages the opportunities exist. they're short and few and far between. when they happen, they are abrupt and worth getting into. right now at least i think that was probably the healt
he's joining us from chicago. he's the president of brewer hill partners. thanks for joining us.you agree with mr. shiller, are we in a bubble? >> absolutely not. and i'm certain that he's a lot smarter than i am in rarts to the way the markets forecast his comments but, no, not at all. i think that if there is a bubble it's so far down the road that we'd need to see much higher inflated prices to warrant that. no, not what so ever. as we've been told the pe ratios across the curve as far...
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Sep 10, 2015
09/15
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joining us from chicago lt. general mike run in, former head of the defense intelligence agency.eral flynn served in the obama administration 2011 to 2014. was the highest ranking military intelligence officer in the u.s.a. at that time. so general, let's begin with the iranian deal. the rally today made it clear that all republicans in the senate opposed the deal. most in the house. and 70% of the american public, some say oppose it. but i think the number is closer to 60%. nevertheless, the deal is going to go through, correct? >> slool. absolutely, bill, this is a done deal. it's sad for the country that is going to happen. the administration has not been truthful with the american people. they made poor assumptions from the beginning. we are seeing those assumptions literally fall flat on their face. >> okay. but, this is a pattern. the iranian deal follows the iraqi withdrawal. it follows the failure to confront assad on the poison gas. it follows the failure to confront isis on the ground. it's all about pull back, pull back, pull back. now, when you were the head of the de
joining us from chicago lt. general mike run in, former head of the defense intelligence agency.eral flynn served in the obama administration 2011 to 2014. was the highest ranking military intelligence officer in the u.s.a. at that time. so general, let's begin with the iranian deal. the rally today made it clear that all republicans in the senate opposed the deal. most in the house. and 70% of the american public, some say oppose it. but i think the number is closer to 60%. nevertheless, the...
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Sep 19, 2015
09/15
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us. >> traveled from chicago with a custom made kit to see his team. the mets didn't disappoint topping their long time rival 5-1 with the help of a two run homer from uribe taking the first of what will be the most memorable subway series to date. >> yankees are struggling. just another game to the road to the playoffs. glad to see what matz can do on the mound and with post season help especially with harvey's innings. >> that's the world series to them. beating the yankees. it's only one game. >> met's town. yankees are old news. >> reporter: it's up for debate. if you missed the showdown, they'll go head to head again tomorrow afternoon. make sure you do not miss the next one. live in queens, aj ross, channel 7 eye witness news. >> okay, thank you. >>> another beautiful summer night. warm temperatures and clear skies but we're going to feel a change this weekend. lee goldberg is here with your accuweather forecast. >> no question about it. islip had a record high of 81. we're at 73 and a beautiful night. there's the empire in met's colors tonight.
us. >> traveled from chicago with a custom made kit to see his team. the mets didn't disappoint topping their long time rival 5-1 with the help of a two run homer from uribe taking the first of what will be the most memorable subway series to date. >> yankees are struggling. just another game to the road to the playoffs. glad to see what matz can do on the mound and with post season help especially with harvey's innings. >> that's the world series to them. beating the yankees....
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Sep 19, 2015
09/15
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. >> it's great to hear that, and our abc news fixer stephanie zimmerman joining us from chicago.ore than others. how do we protect ourselves from a disappointment like this? >> well, really you have to look at the returns policy before you make the purchase because returns are generally a privilege. they're not a right, and stores can set whatever policies they want. they can offer a full refund. they can offer just store credit or they might not offer any returns at all. >> i think it's a good reminder that it is a privilege, not a right. i think a lot of us have it the other way. any other advice? >> well, really the screen shot is your friend. you should screen shot everything. the page where they have the item that you ordered and your order confirmation and even the return policy in case those pages disappear later on. that way you'll have the documentation in case there's a problem later. >> great to have documentation and investigation. anything for your investigation. she sounds like an investigative journalist right there, stephanie. if you have a consumer problem for th
. >> it's great to hear that, and our abc news fixer stephanie zimmerman joining us from chicago.ore than others. how do we protect ourselves from a disappointment like this? >> well, really you have to look at the returns policy before you make the purchase because returns are generally a privilege. they're not a right, and stores can set whatever policies they want. they can offer a full refund. they can offer just store credit or they might not offer any returns at all. >>...
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Sep 1, 2015
09/15
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from a, let's bring in gianna , who joins us now from chicago.7% moves daily in the oil price. that is not the typical standard. what do you make of it? gianna: a lot of volatility in the market and we will see this as it sorts itself out, but i would say that crude fundamentals have not changed. i still think we will see some downturns before we see any kind of long-term up sick in crude oil -- uptick in crude oil markets. scarlet: what do you make of what opec said, or the remarks ,hat were published yesterday that they are interested in fair prices, even though we do not know what fair pricing would mean? do you take it at face value, or was this a political move? gianna: there is precedent for this. in 2008, they did reduce production of the global markets and they did that in the form of a large assembly meeting, as they do periodically. i don't read too much into this. i would say that it is premature. when used think in terms -- when you think in terms of cooperation, what do you mean by cooperation from an opec producer? then you are look
from a, let's bring in gianna , who joins us now from chicago.7% moves daily in the oil price. that is not the typical standard. what do you make of it? gianna: a lot of volatility in the market and we will see this as it sorts itself out, but i would say that crude fundamentals have not changed. i still think we will see some downturns before we see any kind of long-term up sick in crude oil -- uptick in crude oil markets. scarlet: what do you make of what opec said, or the remarks ,hat were...
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Sep 21, 2015
09/15
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another one not to miss is our current interview with mark sebastian joining us live from chicago. nder of option pith.com. mark, a very good morning to you. thanks for joining us. clearly we had a negative reaction off friday. so they're reacting more to the outlook for global growth than the fact that we did not tighten monetary policy. is that reaction correct? >> we've lost mark there. we'll try and get him back. susan, we have discussed this in detail of course on friday's show, today's show. i'm interested to see that we're called to open higher for u.s. equities today. given that we were off on friday. >> a bit of recovery, of course. people are trying to figure out what is happening when you have a dovish fed. let's get back i think we have the cameras back up and the lines are okay once again. mark, is that right, can you hear us? >> i hear ya. >> give us your take, mark. the reaction we saw on friday, was that to be expected given the fed did not raise rates? >> well, i think it's a combination of really global growth, which is concerning to the overall market, but i think
another one not to miss is our current interview with mark sebastian joining us live from chicago. nder of option pith.com. mark, a very good morning to you. thanks for joining us. clearly we had a negative reaction off friday. so they're reacting more to the outlook for global growth than the fact that we did not tighten monetary policy. is that reaction correct? >> we've lost mark there. we'll try and get him back. susan, we have discussed this in detail of course on friday's show,...
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Sep 23, 2015
09/15
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FBC
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jeff flock has had all the breaking news on this story right from the get-go with a couple of days ago. he joins us now from chicago. and he said yesterday i'm not resigning today, what's next? >> and the other thing, david is not only did he resign, he pulled the sergeant schultz on us. he said i knew nothing about this whole thing, but i will resign anyway. some day i would like somebody to say you know what? it was me. i did it, i'm guilty, i'm resigning, whatever. but anyway. the executive committee came out of the meeting after it was announced and said he's resigning but dr. winter corn had no knowledge of the manipulation of emission. so at this point we don't know who is responsible. they did say, though, further consequences are in the offing, the executive committee is expecting further personnel consequences in the next days, said their statement. so i think heads are going to roll there. a lot of people said vw is in ses e, ty could go bankrupt. i offer you a contrary view, however, i know we've said a lot of dramatic things of what's happening here and certainly it is. but you should know that vw has o
jeff flock has had all the breaking news on this story right from the get-go with a couple of days ago. he joins us now from chicago. and he said yesterday i'm not resigning today, what's next? >> and the other thing, david is not only did he resign, he pulled the sergeant schultz on us. he said i knew nothing about this whole thing, but i will resign anyway. some day i would like somebody to say you know what? it was me. i did it, i'm guilty, i'm resigning, whatever. but anyway. the...
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Sep 25, 2015
09/15
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joining us live from chicago is paul, equity analyst at morning star. good morning to you. appreciate your time this morning. every day on the show we talk about the slow down in china. i guess nike is not noticing that. >> yeah. and obviously as we look at global brands for consumer goods, china is a big part of the future growth of all of these brands. so the fact that nike has been so strong makes us feel more comfortable that other brands will continue to grow as the consum consumer class continues to grow in china. >> is there anything that nike did wrong in the first quarter of 2016? >> yeah, there aren't -- the negative aren't big. there was a little bit of a slow down in the u.s. and then they did mention that there's a little bit of excess inventory due to the situation over the summer and theb of courn of cou summer was a little bit cold in the u. s. but overall back to school is not bad and that's important for athletic companies. the other thing that was a little bit of a negative is that converse which is a little more of a fashion brand, converse was a little
joining us live from chicago is paul, equity analyst at morning star. good morning to you. appreciate your time this morning. every day on the show we talk about the slow down in china. i guess nike is not noticing that. >> yeah. and obviously as we look at global brands for consumer goods, china is a big part of the future growth of all of these brands. so the fact that nike has been so strong makes us feel more comfortable that other brands will continue to grow as the consum consumer...
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Sep 1, 2015
09/15
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valerie herrera joins us from chicago. are you still over the moon? >> good morning. >> so how did it feel to have the pope ask you to sing? >> well, i didn't expect it to happen, so it -- so it just happened and so i really couldn't say no. [ laughter ] >> very good answer, valerie. >> i want to ask you about the song that you chose. >> yes. >> i'm sorry, valerie. this is lara. i just wanted to ask you about the chose you chose. it's called "by you, mary." does it have a special meaning to you? choir with my mom, since i was like a really little girl, it was one of the first songs that -- well, my mom taught me and so it was just like the first song and kind of popped in my head and so it was just like i guess one that just stuck with me through my childhood and everything. >> valerie, i know that you paused. you hesitated before you started singing and the pope said to you, pope francis said, be courageous. where did you find that courage? how were you courageous? did you say anything to yourself? what went through your mind at that moment? >> well,
valerie herrera joins us from chicago. are you still over the moon? >> good morning. >> so how did it feel to have the pope ask you to sing? >> well, i didn't expect it to happen, so it -- so it just happened and so i really couldn't say no. [ laughter ] >> very good answer, valerie. >> i want to ask you about the song that you chose. >> yes. >> i'm sorry, valerie. this is lara. i just wanted to ask you about the chose you chose. it's called "by...
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Sep 2, 2015
09/15
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hey, rick, come in, join us from chicago here. how are things looking for you? >> well, listen, i have to address that last comment. with regard to animal spirits and capitalism, i don't know if that was jim or allen. but listen, and i don't mean to be political here, but it's been a long time since a socialist candidate has been running the numbers of bernie sanders. so i don't know. i think that we actually have to dig down deeper in your comment to be quite honest with you. there's aspects that shouldn't be tied to the fact that some of the issues out of pimco. the guy's had a long career. but i agree with the basic premise. we've had central bankers wall papering for seven years now. and maybe if we allowed it to heal correctly, we could've moved on. so deal and heal. but seven years later, i don't know that anybody, including our guests would've thought we'd still be having the same conversations. and i'll be quite frank. i think four to five years from now, there's a good chance we're going to be talking about many of the same topics that we are right now.
hey, rick, come in, join us from chicago here. how are things looking for you? >> well, listen, i have to address that last comment. with regard to animal spirits and capitalism, i don't know if that was jim or allen. but listen, and i don't mean to be political here, but it's been a long time since a socialist candidate has been running the numbers of bernie sanders. so i don't know. i think that we actually have to dig down deeper in your comment to be quite honest with you. there's...
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Sep 10, 2015
09/15
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BLOOMBERG
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joining us from chicago on the perdue story. thank you so much. appreciate it.ater associates. that story coming up. prime time surveillance exclusive. breaking news at this hour. avon shares halted for volatility after a sale report according to the journal, discussions about a stake sale with private equity firms according to " the wall street halted. shares have been . as you can take a look, shares are up over 12% trading up $5.08 per-share. we will continue to follow this story and bring you more details as we get them. stay with us. ♪ the "bloomberg market day." mark: s&p cuts the credit rating to junk. what is next for latin america's largest economy? >> look hide the scenes to learn about the latest development of the iphone 3-d touch. mark: the cost of college tuition keeps climbing thanks in part to an athletic arms race. we will have the details. good day from bloomberg world headquarters in new york. i am mark crumpton here with olivia sterns. olivia: we are two hours away from the close. you can see some green on your screen. all the major averages
joining us from chicago on the perdue story. thank you so much. appreciate it.ater associates. that story coming up. prime time surveillance exclusive. breaking news at this hour. avon shares halted for volatility after a sale report according to the journal, discussions about a stake sale with private equity firms according to " the wall street halted. shares have been . as you can take a look, shares are up over 12% trading up $5.08 per-share. we will continue to follow this story and...
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Sep 4, 2015
09/15
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. >> joining us from chicago is anna who is executive director of moveon.org. good morning. >> good morning. >> i want to start with iran. we've learned that the president, the white house has secured enough votes starting in the senate to keep this treaty alive and avoid it being defeated. what's your group's reaction to that? >> so this is an historic victory. and our move on members worked their hearts out to help defend it and help secure this effort. it's a good diplomatic agreement that will help keep americans safe and prevent iran from obtaining a nuclear weapon. the alternative is putting us on a path to another open-ended war of choice in the middle east, which is a devastate, terrible outcome and an avoidable outcome. the majority of the american public supports it. good deal, the public supports it and the alternative is war. move on members have been working for multiple months. looking back there's a track record here of over a decade of moveon members working to prevent and then stop dumb, devastating destructive wars like the iraq war and now th
. >> joining us from chicago is anna who is executive director of moveon.org. good morning. >> good morning. >> i want to start with iran. we've learned that the president, the white house has secured enough votes starting in the senate to keep this treaty alive and avoid it being defeated. what's your group's reaction to that? >> so this is an historic victory. and our move on members worked their hearts out to help defend it and help secure this effort. it's a good...
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Sep 22, 2015
09/15
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>> let's talk more about it in our "closing bell" exchange, men moraz and rick santelli joins us from chicago. peter, you have that, you have the european selloff earlier this morning that comma contributed to the problems facing vw and the billions of dollars they're setting aside, the earnings hit they are going to take. going back to a question kelly was did go earlier, does this feel like an excuse to sell off? >> i just think, bill, it's a continuation of the same story from last week. i think we're probably going to see this story play out over the next probably two or three months. until you start seeing earnings come out and start seeing that earnings picture and we get a better idea of what the economy looks like from that aspect you're going to continue to have these kind of days. i think that with the commodities selloff and the uncertainty over the numbers in china, yeah, you know, there's a lot of question marks out there. i think question marks are usually reasons for selling. >> yeah. ken, are you guys selling? are you moving more into cash these days? how are you playing this
>> let's talk more about it in our "closing bell" exchange, men moraz and rick santelli joins us from chicago. peter, you have that, you have the european selloff earlier this morning that comma contributed to the problems facing vw and the billions of dollars they're setting aside, the earnings hit they are going to take. going back to a question kelly was did go earlier, does this feel like an excuse to sell off? >> i just think, bill, it's a continuation of the same...
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Sep 21, 2015
09/15
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jeff flock all over this for us, and joining us now from chicago. what's going on, jeff? >> well, connell, you should not have done that, vw. parental what they did was coming up with a way that would turn off the emission controls when you're driving your diesel car and then get tested for emissions, it would turn it on. so it look like it was in a good car, but it wasn't. as you said, look at the stock today. we looked at the stock trade in the u.s., but overseas, on the german exchange, the stock lost 19%, $14 billion of market cap. pretty amazing. that's a lot of dough, and it could get worse. and there are fines for epa regulations that could total, $37,500 per car, if you do the math with the half million vehicles that were sold out there with this issue, we're talking $18.1 billion potential for fines. and i don't think it will ever come to that. but we're talking a lot of money one way or the other. the vehicles in question, these are all diesel vehicles and it's the clean diesel, the tdi versions, the beetle, the golf, the jetta, the audi a3, as well as the 2014
jeff flock all over this for us, and joining us now from chicago. what's going on, jeff? >> well, connell, you should not have done that, vw. parental what they did was coming up with a way that would turn off the emission controls when you're driving your diesel car and then get tested for emissions, it would turn it on. so it look like it was in a good car, but it wasn't. as you said, look at the stock today. we looked at the stock trade in the u.s., but overseas, on the german...
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Sep 18, 2015
09/15
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my next guest is with us from chicago.let's-- jack ablin, i'm sorry, jack, i was distracted there. jack, we've got the dow down over 250 points. right after the federal reserve leave rates unchanged. now, i'm going to offer the opinion that maybe the fed's hiding something. maybe the economy is just not performing as well as it's he is spo -- supposed to. they're not telling us that, what do you say? >> it could be the emporer's new clothes here. the fed had a path to attempt to raise interest rates. could have done it earlier this year, they didn't. my sense is that the federal reserve claims to be data dependent. my sense is that they're market dependent. this is something we tell our clients year in and year out. don't watch the market on day-to-day basis-- >> the federal reserve is a stock market regulator, a stock market supporter, that's what they've become? >> that's the inference and i think that not only just the u.s. stock market, but apparently the global stock market. stuart: are they also an obama policy suppo
my next guest is with us from chicago.let's-- jack ablin, i'm sorry, jack, i was distracted there. jack, we've got the dow down over 250 points. right after the federal reserve leave rates unchanged. now, i'm going to offer the opinion that maybe the fed's hiding something. maybe the economy is just not performing as well as it's he is spo -- supposed to. they're not telling us that, what do you say? >> it could be the emporer's new clothes here. the fed had a path to attempt to raise...
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Sep 24, 2015
09/15
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CSPAN
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kathy crouse coming to us from chicago, illinois. you very much.ple who who is very early hearing what the pope has to say. preparing for s make -- first speech by a pontiff before a joint meeting of congress and around 30,000. 50,000 tickets made on the 00 will be out west front lawn and he'll be making his way to the balcony to wave to all those people. the pope's comments yesterday were focused and refreshing. francis decided to come as francis, he writes. which means telling people what's on his mind. thus, the second sentence he a son n american soil as of an immigrant family, on the west front lawn and he'll be making his way to the balcony i guest which was largely built by such family. endorsing some particular immigration bill but urging us to be proud that we're a nation of immigrants and without a single bit of preaching suggested that we ought to act that way, score one for the liberals and like particular immigration bill but it or us to be proud that not, a lot of people will be keeping score. own words pope in his yesterday at that w
kathy crouse coming to us from chicago, illinois. you very much.ple who who is very early hearing what the pope has to say. preparing for s make -- first speech by a pontiff before a joint meeting of congress and around 30,000. 50,000 tickets made on the 00 will be out west front lawn and he'll be making his way to the balcony to wave to all those people. the pope's comments yesterday were focused and refreshing. francis decided to come as francis, he writes. which means telling people what's...
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Sep 16, 2015
09/15
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FBC
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stuart: ashley webster and sandra smith are here and joining us from chicago-- we're waiting for theapart from the federal reserve, why do you say that the market is at a top here? tell me. >> well, i think that-- first, just saying the market is at a top, we've got earnings growth that are starting to decelerate. i think that the viewers at home need to understand we only have a little more upside that the market has between now and end of the year. the reality is, we're probably going to hit a recession in the next year or so because it's a part of the natural business cycle. if you want to be bearish or defensive, just wait for a pop and wait for it to come there and take the profits off the table. don't go off and make any moves in the next few days and don't presume because we might have a santa claus rally that that means you need to jump in. if i saw a santa claus rally after the nonsense with the fed, i'd get into it. stuart: we hear you, nicely express. we're at a top, got it. goldman sachs says if the fed were to raise rates, goldman sachs says buy apple and chipotle. sandr
stuart: ashley webster and sandra smith are here and joining us from chicago-- we're waiting for theapart from the federal reserve, why do you say that the market is at a top here? tell me. >> well, i think that-- first, just saying the market is at a top, we've got earnings growth that are starting to decelerate. i think that the viewers at home need to understand we only have a little more upside that the market has between now and end of the year. the reality is, we're probably going...
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Sep 17, 2015
09/15
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CNBC
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joining us now from chicago, the home of orbitz, darah. >> so you get to add orbitz and cheap ticketsur brand. >> expedia had 28 brands before the deal, and i think we're adding eight or nine, so we're very, very happy to bring these assets together. >> you will be aware that a lot of people are surprised the deal went through. it was suggested if the deal went through you would have 75% of the online travel agency market in this country. is that what you have at the moment? >> i think the distinction that we would make is that the online travel agency is a category and it doesn't make up a market. if you look at consumers now, they're so much more fluid as far as moving across different devices from their pc, to tab ltablet to phone. they will go on trip advisor, google, sometimes they go to trivago and they come book on expedia and they think they have booked on trivago. so while online travel agents are one type of connectivity, they don't make a market. >> they mentioned specifically the competition from google. they also mention the growing competition from trip advisor and from
joining us now from chicago, the home of orbitz, darah. >> so you get to add orbitz and cheap ticketsur brand. >> expedia had 28 brands before the deal, and i think we're adding eight or nine, so we're very, very happy to bring these assets together. >> you will be aware that a lot of people are surprised the deal went through. it was suggested if the deal went through you would have 75% of the online travel agency market in this country. is that what you have at the moment?...
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Sep 1, 2015
09/15
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BLOOMBERG
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he joins us on the phone from chicago. in a word, how would you today? is going on j uncertainty and feari. i willm: give you two words when he asked for one word. i think the market is still worried about what is happening in china. i think if you want to know why it is worried about china -- let us put it simple. china is the world's factory. going, andld prize they go out. there is fear no doubt. chinese government has engaged in haphazard if not panic moves to try to stop there economy from declining to the point where they are now arresting money managers that are daring to sell their market. tremendouseding a amount of uncertainty about what is happening in the chinese economy and fears that it is much worse than we all think it is. i think that is the genesis of this. netty: we just had sheryl wudunn saying that the growth rate is worse than they are advertising. is not whether they will be contracting at this point, but any number out of china come people think it may be double worse than what they are publishing. u.s., thehere in the fed is what
he joins us on the phone from chicago. in a word, how would you today? is going on j uncertainty and feari. i willm: give you two words when he asked for one word. i think the market is still worried about what is happening in china. i think if you want to know why it is worried about china -- let us put it simple. china is the world's factory. going, andld prize they go out. there is fear no doubt. chinese government has engaged in haphazard if not panic moves to try to stop there economy from...
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Sep 30, 2015
09/15
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from export led growth. countries such as russia or brazil are facing serious economic difficulties. growth in latin american countries in general continues to slow sharply. alix: joining us for more from chicagod of the markets at goldman sachs asset management, plus bloomberg's stock market reporter joins us here. let me start with you. why was now a good time to try to get into the highly competitive etf for the emerging market? >> it's a great question. there are three things we have looked at and considered. date of the active data etf products are a response to decline and demand. clients have been demanding access to the goldman sachs asset management invest in expertise in the etf. it the potential for outperformance at very low cost, and thirdly, we really think that these etf's are really part of the next generation of investing of etf's. alix: when you look at the landscape of emerging markets, it's been a brutal year, brutal quarter, especially that august low. was the reaction to the kind of etf when you saw the market selloff? >> we are coming out of the summer here when etf's had a stress test. for the most part, they passed it. there were a lot of questions raised, especially w
from export led growth. countries such as russia or brazil are facing serious economic difficulties. growth in latin american countries in general continues to slow sharply. alix: joining us for more from chicagod of the markets at goldman sachs asset management, plus bloomberg's stock market reporter joins us here. let me start with you. why was now a good time to try to get into the highly competitive etf for the emerging market? >> it's a great question. there are three things we have...
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and a first for american television, the pope allowing us to connect him to cities across the united states from chicago to los angeles to texas. he took questions and listened to stories of hardship, and what no one was expecting, the pope at times in english. and a surprise question for one american teen. >>> also tonight, the dangerous heat wave brewing from chicago to new york just as millions of school children head back to class, and the massive flooding along the coast tonight. >>> ambushed. new information the suspect charged with killing a sheriff's deputy in cold blood. we now learn he allegedly fired 15 shots. prosecutors with what they're now revealing. >>> the dangerous game, the fan plunging from the upper deck in front of thousands of people, the doctor who witnessed it all. >>> good evening tonight from the vatican where today we witnessed something truly historic here. we were allowed inside the walls of the vatican to spend time with pope francis on the eve of his historic visit to the united states. we're about to take you inside. the pope greeting us today as he prepares for his trip
and a first for american television, the pope allowing us to connect him to cities across the united states from chicago to los angeles to texas. he took questions and listened to stories of hardship, and what no one was expecting, the pope at times in english. and a surprise question for one american teen. >>> also tonight, the dangerous heat wave brewing from chicago to new york just as millions of school children head back to class, and the massive flooding along the coast tonight....
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Sep 2, 2015
09/15
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WABC
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, the pope hearing from others like valerie, 17 from chicago who struggled with a rare skin disorder. >> music has always been something i was able to use to escape. all the bullying. >> reporter: after her tears, an unexpected request from the pope. and that request in english. >> i would like to have you sing. may i ask of you to sing a song for me? >> reporter: we were all unsure she would sing. >> be courageous. [ applause ] [ singing in foreign language ] [cheers and applause] >> thank you very much. very kind of you. >> reporter: the pope also hearing stories from students dealing with immigration issues. >> they informed me that i wasn't able to attend the university of my dreams, because i wasn't a united states citizen. >> reporter: and then a surprise, publicly praising an american nun and saying of all nuns here in the u.s., i love you very much. [cheers and applause] >> reporter: we have never seen anything quite like it from the pope. but this pope, after all, is already breaking the mold. pope francis is the first latin-american pope in the church's history, the first jesuit. an argentine yan priestan priest who became the
, the pope hearing from others like valerie, 17 from chicago who struggled with a rare skin disorder. >> music has always been something i was able to use to escape. all the bullying. >> reporter: after her tears, an unexpected request from the pope. and that request in english. >> i would like to have you sing. may i ask of you to sing a song for me? >> reporter: we were all unsure she would sing. >> be courageous. [ applause ] [ singing in foreign language ]...
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Sep 9, 2015
09/15
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here to discuss more, chris kirsch, joining us from out in chicago at the cme.e for copper and the other commodities as well, does it have legs? it looks like it is at least continuing today. chris: copper does have legs based on the area to the downside. there are three major things that came out the tell me the traders should continue on the bullish trend for copper. the first thing is that we had the glencore shutdown of two african mines. 2.2% of global volume as far as copper production is concerned. number two, numbers came out the copper, smooth line copper pipe, the inventories in china have subsided and are actually going to be importing some. imports have not decreased at all with the copper smooth line. number three, most importantly, that technical breakout. we saw a 240 resistance on the move up that we've reached above for the first time since july 20. that was a huge technical breakout and we are out of the range, a lot of things pointing to the upside. julie: would you go out right long on copper? chris: i would not. i would go with a shop limit
here to discuss more, chris kirsch, joining us from out in chicago at the cme.e for copper and the other commodities as well, does it have legs? it looks like it is at least continuing today. chris: copper does have legs based on the area to the downside. there are three major things that came out the tell me the traders should continue on the bullish trend for copper. the first thing is that we had the glencore shutdown of two african mines. 2.2% of global volume as far as copper production is...
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Sep 18, 2015
09/15
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CNBC
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cnbc market analyst kenny pacari, ron mullen camp back with us and rick santelli joins us once again from chicago. kenny, what is that song you've been humming to yourself you had a day. >> quando, like again, again, again are we going to finally get the fed to make this move that they keep let thing to move. >> what do you make this have sell off? related just to the expiration or is it possible that markets disappointed that the fed didn't raise rates? >> i think the market is very disappointed. it's been primed, expecting it, i think they have suggested that they missed their opportunity two, three, four times earlier in the year and now they built it up that it was going to happen in september and boom all of a sudden now we're being held hostage by emerging markets and people are frustrated, when they think about that they're scratching their head and showing their displeasure today. >> ron, if rates aren't going higher, you know, certainly for now what do you think investors should be holding here? >> it gets tough all the way through. i've kind of given up on the fed. i thought what they w
cnbc market analyst kenny pacari, ron mullen camp back with us and rick santelli joins us once again from chicago. kenny, what is that song you've been humming to yourself you had a day. >> quando, like again, again, again are we going to finally get the fed to make this move that they keep let thing to move. >> what do you make this have sell off? related just to the expiration or is it possible that markets disappointed that the fed didn't raise rates? >> i think the market...
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and a first for american television, the pope allowing us to connect him to cities across the united states from chicagoos angeles to texas. he took questions and listened to stories of hardship, and what no one was expecting, the pope at times in english. and a surprise question for one american teen. >>> also tonight, the dangerous heat wave brewing from chicago to new york just as millions of school children head back to class, and the massive flooding along the coast tonight. >>> ambushed. new information the suspect charged with killing a sheriff's deputy in cold blood. we now learn he allegedly fired 15 shots. prosecutors with what they're now revealing. >>> the dangerous game, the fan plunging from the upper
and a first for american television, the pope allowing us to connect him to cities across the united states from chicagoos angeles to texas. he took questions and listened to stories of hardship, and what no one was expecting, the pope at times in english. and a surprise question for one american teen. >>> also tonight, the dangerous heat wave brewing from chicago to new york just as millions of school children head back to class, and the massive flooding along the coast tonight....
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Sep 2, 2015
09/15
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CNNW
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reporter: how many murders has the task force handled on a year basis and could you use some help, for example, from the chicago police department which handles many more? >> i think we're adequately staffed. our detectives and evidence technicians are the best you'll find. putting a number on how many murders is -- i can't put an exact number on it, it varies from year to year. we've roughly handled as many as 40 in a year as few as a dozen. >> reporter: did he make any indication that the suspects were on foot only or nearby a car, did they come out of a car? >> the presummings wption was b the radio traffic that they were on foot. >> reporter: have there been sightings at this point? >> well, we're getting information and there was a release of a description, a cursory vague description so, of course, we're getting the public calling in any time they see that match of three individuals or even two individuals and we are doing our due diligence in following up on that. we've closed out those leads completely as being unsubstantiated. >> reporter: is there any area outside a two mile radius being searched? >>
reporter: how many murders has the task force handled on a year basis and could you use some help, for example, from the chicago police department which handles many more? >> i think we're adequately staffed. our detectives and evidence technicians are the best you'll find. putting a number on how many murders is -- i can't put an exact number on it, it varies from year to year. we've roughly handled as many as 40 in a year as few as a dozen. >> reporter: did he make any indication...
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Sep 16, 2015
09/15
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ALJAZAM
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us. chicago will go from 80's back into the 60s by the weekend, a little bit more what you would expect right on the cusp of football. >> thank you. >> hurricanes are a constant threat to coastal communities around the world, but forecasting them is a challenge. researchers hope a new simulator can change that. >> at the university of miami, scientists have studied hurricanes for decades. the state is no strange tore deadly storms. researchers have a new tool that could change things. this tank is the world's largest wind-water hurricane simulator. in just minutes, it can generate powerful winds and raging waivers. researchers say it's the ability to study the interaction between the sea and the storm that make it potentially revolutionary. >> we're going to be able to learn some things here to are definitely a leap forward. where we pushed the technology, we've gone well above what existed previously. >> it took a year for engineers to build the tank and researchers weren't sure what results it would yield. the tank's ability to mimic not just the hurricane, but the stormy waters seems to be
us. chicago will go from 80's back into the 60s by the weekend, a little bit more what you would expect right on the cusp of football. >> thank you. >> hurricanes are a constant threat to coastal communities around the world, but forecasting them is a challenge. researchers hope a new simulator can change that. >> at the university of miami, scientists have studied hurricanes for decades. the state is no strange tore deadly storms. researchers have a new tool that could change...
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Sep 28, 2015
09/15
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ALJAZAM
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used to send heroin to chicago. >> it is proven there are direct links from groups in chicago and groups operating in guerrero, including guerreros unidos. >> like the students, the fifth bus has disappeared, but it has opened up the strongest hypothesis to date. why so many people here are still terrified to talk about what happened, in many cases right before their eyes. lucia newman, al jazeera, igwala, mexico. >>> iran's supreme leader, ayatollah khamenei has demand he saudi arabia answer for the stampede that killed over 700 pilgrims at the hajj. >> called on iranian leaders to be more thoughtful and sensible towards the victims of this stampede. he said the government is investigating the tragedy, and the kingdom of saudi arabia said the process of identifying the dead will continue for a number of days and he said the sheer number of the dead people, more than 700 pilgrims died in the stampede and he said most of them lost their identification when the stampede happened and that is making it hard for the saudi authorities to identify them. as far as fatalities there is no list yet but we know more than 140 iran y
used to send heroin to chicago. >> it is proven there are direct links from groups in chicago and groups operating in guerrero, including guerreros unidos. >> like the students, the fifth bus has disappeared, but it has opened up the strongest hypothesis to date. why so many people here are still terrified to talk about what happened, in many cases right before their eyes. lucia newman, al jazeera, igwala, mexico. >>> iran's supreme leader, ayatollah khamenei has demand he...
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us. that will blocks any storms from developing. so we will see plenty of sunshine today. there are some showers out toward chicago. will impact us, later on during the week. so what to expected to? mostly sunny skies, very warm, going to be well above average approaching 90 degrees, and gets bit more humid. so breakdown your temperatures, mid 70s around
us. that will blocks any storms from developing. so we will see plenty of sunshine today. there are some showers out toward chicago. will impact us, later on during the week. so what to expected to? mostly sunny skies, very warm, going to be well above average approaching 90 degrees, and gets bit more humid. so breakdown your temperatures, mid 70s around
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Sep 14, 2015
09/15
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ALJAZAM
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us. >> these folks live in inglewood. one of chicago's most violent neighborhoods. the $17 million safety program aimed at protecting kids on their way to and from school, safe passage. jackson is more than 1300 safety workers who line the streets leading to the schools. they are charged with observing. they do not engage but notify police. >> i'm glad to see it come back every year honestly. if they can expand the program to allow us to be here more they should expand more money. >> $500 million shortfall, some question whether or not the program is sustainable in the long run and whether or not this is the best way to spend money given the financial crunch. >> safe passage, you haven't seen kids getting hurt coming to school or coming home. i think it's money well spent. although i think $17 million may be too much. they could use some of that money towards something else. >> reporter: after 50 schools were closed in 2013. >> when kids go to school and come out of school, i want them thinking of their studies and not their safety. >> reporter: the district says safe passage at a school has historically boosted attendance by 7%. while there is
us. >> these folks live in inglewood. one of chicago's most violent neighborhoods. the $17 million safety program aimed at protecting kids on their way to and from school, safe passage. jackson is more than 1300 safety workers who line the streets leading to the schools. they are charged with observing. they do not engage but notify police. >> i'm glad to see it come back every year honestly. if they can expand the program to allow us to be here more they should expand more money....
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Sep 17, 2015
09/15
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. >> so understanding where they came from, moving to chicago to start a family and to raise us and to provide the opportunities that we had was just really astounding and-- and amazing in itself. >> what was the moment where you said, "i really want to go for this, and i think i can be successful." was there a moment? >> that's a very good question. i would say, as a junior, i was just about getting to the next tournament. you didn't see tennis the way you see it now. every day, looking on television, you're watching the pros and you can aspire to be that and knowing that it's a possibility. >> when i was growing up, i never knew that that was really a possibility. 'cause the environment that i grew up in was not a tennis environment, >> right >> so i didn't understand what being a professional was. i had a goal at 12 to be a professional, but i still didn't know what that meant and how to do it. and i was a young i was a young senior. i graduated at 16. and so, that was not a goal of mine. i knew i was going to college. my parents were teachers; you think i had a choice? but went to
. >> so understanding where they came from, moving to chicago to start a family and to raise us and to provide the opportunities that we had was just really astounding and-- and amazing in itself. >> what was the moment where you said, "i really want to go for this, and i think i can be successful." was there a moment? >> that's a very good question. i would say, as a junior, i was just about getting to the next tournament. you didn't see tennis the way you see it...
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Sep 1, 2015
09/15
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of lakes which is north west of chicago just up along the wisconsin border in lake county, illinois. a lot of people commute from fox lake into chicago. >> and joining usig melvin in the newsroom at 30 rock. craig, we've seen this now, i think the press conference is about to start so let's go there. >> he described the subjects as two male whites and one male black. a short time thereafter he radioed into communications a he was in a foot pursuit when communication was lost with the officer. his backup officer arrived on the scene. located him injured with a gunshot wound. there are three sus spetds at large at this time. again, two male white, one male black. i don't have a further description. at this point we're -- this is a two-pronged investigation. so we have our -- we're looking into the apprehension of the three subjects at large. we're utilizing multiple resources for that. we have numerous canines on the ground checking for scents. we have numerous helicopters and aircrafts in the air. we have a large number of officers on foot conducting searches of the area. at this time -- in connection with that, we're working the investigation of the of
of lakes which is north west of chicago just up along the wisconsin border in lake county, illinois. a lot of people commute from fox lake into chicago. >> and joining usig melvin in the newsroom at 30 rock. craig, we've seen this now, i think the press conference is about to start so let's go there. >> he described the subjects as two male whites and one male black. a short time thereafter he radioed into communications a he was in a foot pursuit when communication was lost with...
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Sep 2, 2015
09/15
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from chicago. police armed with rifles are using helicopters and dogs as they search for the suspected it killing of0- suspected killers of a 30-year-old police officer. the suspects are two white men and a black man as he requested back up. he was shot early tuesday and died at the scene. >> he was a 30-year veteran, a decorated police officer, a family man and a dear friend to the entire village of fox lake. many residents in here knew him as "gi joe" and somebody deeply committed to fox lake. >> police say the suspects are considered armed and dangerous since they stripped the lieu tenant of his -- the lieutenant of his gun and other equipment. >> and it could be a tough day with asian stocks continuing the global selloff overnight. they saw another day of steep declines. all three major indexes lost about 3% each. john kerry is looking for more support for the iran nuclear deal one week before congress returns to work. kerry sending a letter to all lawmakers and it comes hours before his planned speech in philadelphia. it is expected to focus on how it makes the u.s. and allies safer. no matter
from chicago. police armed with rifles are using helicopters and dogs as they search for the suspected it killing of0- suspected killers of a 30-year-old police officer. the suspects are two white men and a black man as he requested back up. he was shot early tuesday and died at the scene. >> he was a 30-year veteran, a decorated police officer, a family man and a dear friend to the entire village of fox lake. many residents in here knew him as "gi joe" and somebody deeply...