727
727
Nov 6, 2013
11/13
by
WETA
tv
eye 727
favorite 0
quote 1
sharon epperson takes a look at the potential impact this might have on the price of oil and on u.s. consumers. >>> one of several factors contributing to the shock and drop is optimism about iran's nuclear cape bts. the thought of nuclear weapons kept the benchmark of oil above $100 a barrel for almost three years. >> there is a 10 to $15 risk premium and been there for quite awhile with what is going on with iran. so anything -- any progress they make to take awayç that concer about iran, helps to lower the price of oil. >> since late august, crude prices, the oil benchmark tumbled more than $10 from $117 a barrel to over $105 this week. international sanctions aimed at curving iran's new clear program cut in half the country's oil exports which topped 2 million barrels at the beginning of 2012 but for moderate leadership from the new president eased tensions and raised expectations that sanctions may be rolled back. on thursday, iranian negotiators began another round of talks in geneva with leaders from six world powers, known as the p 5 plus one. if negotiations are successful
sharon epperson takes a look at the potential impact this might have on the price of oil and on u.s. consumers. >>> one of several factors contributing to the shock and drop is optimism about iran's nuclear cape bts. the thought of nuclear weapons kept the benchmark of oil above $100 a barrel for almost three years. >> there is a 10 to $15 risk premium and been there for quite awhile with what is going on with iran. so anything -- any progress they make to take awayç that...
76
76
Nov 15, 2013
11/13
by
KQED
tv
eye 76
favorite 0
quote 0
sharon epperson has more. >> reporter: most people don't think about taxes in november, after all tax returns aren't due until next april. >> i'm not even there yet. i'm usually not a last minute person, so mid march. >> i usually do my taxes in february, so we're -- i'm more into the holidays right now, if anything, you know, like thanksgiving around the corner. >> reporter: if you've had big changes in work or at home in the past 12 months, some tax moves could result in big tax savings. linda meets regularly with her financial advisor and make changes by december 31st. >> the biggest change i made this year is making sure i was taking full advantage of every pretax opportunity and trying to lower my taxes in that way. >> reporter: financial advisor suggesting increasing pretax contributions to a 401 k or another retire plan which lower taxable income dollar for dollar. >> if your company offers it, maximize your 401 k. this reduces your taxes and have money growing for your for your retirement. >> reporter: it's important to get a handle on your tax situation now, because what you
sharon epperson has more. >> reporter: most people don't think about taxes in november, after all tax returns aren't due until next april. >> i'm not even there yet. i'm usually not a last minute person, so mid march. >> i usually do my taxes in february, so we're -- i'm more into the holidays right now, if anything, you know, like thanksgiving around the corner. >> reporter: if you've had big changes in work or at home in the past 12 months, some tax moves could result...
196
196
Nov 1, 2013
11/13
by
KQED
tv
eye 196
favorite 0
quote 0
for "nightly business report", i'm sharon epperson. >>> gold wasn't the only thing falling today. oil prices closed at a four-month low, $96 a barrel and exxon mobile, the world's biggest publicly traded energy company reported profits fell 18% last quarter, even though it managed to earn $8 billion. that helped exxonmobil become the biggest gainer in the dow. year to date, the company is one of the weakest performers in the index. driving down on the numbers. >> reporter: oil giant exxonmobil reported revenues above expectations but lower than the same quarter last year because profit margins on refining operations, primarily gasoline production were much lower. the problem is growth. when you're as big as exxon, it's tough to grow. demand is weak and the supply of oil is strong, thanks to abun dunlt discoveries of oil and natural gas in the united states. >> this company will struggle for growth. there is no production growth next year and 2% for the next few years. >> reporter: productions costs are rising worldwide and another issue for big oil, finding enough oil globally to
for "nightly business report", i'm sharon epperson. >>> gold wasn't the only thing falling today. oil prices closed at a four-month low, $96 a barrel and exxon mobile, the world's biggest publicly traded energy company reported profits fell 18% last quarter, even though it managed to earn $8 billion. that helped exxonmobil become the biggest gainer in the dow. year to date, the company is one of the weakest performers in the index. driving down on the numbers. >>...
95
95
Nov 14, 2013
11/13
by
CNBC
tv
eye 95
favorite 0
quote 1
sharon epperson is here. sharon, what are the changes, and why do we hate them? >> we definitely are going to hate them. if you're a high income tax payer, you're definitely going to hate them. if you make over $400,000 a year or $450,000 for couples, you'll be in a new tax bracket. you'll also have to pay maximum rate on capital gains. that's 20%. that's going to really hurt you. even if you make a little less than that, say you make $200,000 or as a couple together you make $250,000, you'll have to pay a medicare surtax, 0.9%, and then you're also going to have to pay tax on your net investment income. and that's 3.8%. so there's a lot of tax that you'll have to assume that you may not have had to assume last year. >> what are our strategies to try and minimize all that? >> if you can, you want to defer income. if you're getting a bonus or stock options, try to defer that income. you also want to think about how you can maybe offset some of the capital gains with capital losses with capital gains, harvest your tax losses is what i'm trying to say. and the final
sharon epperson is here. sharon, what are the changes, and why do we hate them? >> we definitely are going to hate them. if you're a high income tax payer, you're definitely going to hate them. if you make over $400,000 a year or $450,000 for couples, you'll be in a new tax bracket. you'll also have to pay maximum rate on capital gains. that's 20%. that's going to really hurt you. even if you make a little less than that, say you make $200,000 or as a couple together you make $250,000,...
30
30
Nov 20, 2013
11/13
by
CNBC
tv
eye 30
favorite 0
quote 0
let's get to sharon epperson with today's pump patrol. sharon? >> oklahoma has the lowest gasoline, $2.65 a gallon and this doesn't happen very often but it did today. c california gasoline prices lower than new york, around $3.56 a gallon. and that's because of the supply situation in california, which is in better shape as refineries have come back to their normal operations. on the east coast, we're still undergoing some repairs and that's impacting supplies as well as prices. that's today's pump patrol. back to you. >> thank you so much, sharon epperson. she set it up fantastically for andy to weigh in. andy, you were the one that pointed out that california actually has cheaper gas that here in new york right now. this is rare, isn't it? what's up? >> well, it is very rare and as sharon mentioned we've got the refineries who are all operating in california adding to supply. we've seen inventories start to increase while on the east coast, we've had a number of refing problems that have impaktds supply and caused higher prices. >> is it going
let's get to sharon epperson with today's pump patrol. sharon? >> oklahoma has the lowest gasoline, $2.65 a gallon and this doesn't happen very often but it did today. c california gasoline prices lower than new york, around $3.56 a gallon. and that's because of the supply situation in california, which is in better shape as refineries have come back to their normal operations. on the east coast, we're still undergoing some repairs and that's impacting supplies as well as prices. that's...
33
33
Nov 22, 2013
11/13
by
CNBC
tv
eye 33
favorite 0
quote 0
back to you. >> thank you, sharon epperson. still ahead, what the heck is up with intel? the company leaving a lot of people scratching their head at their annual shareholder meeting. we will be digging on that ahead. >> we'll honor the memory of john f. kennedy 50 years after his death. what would the american economy look like today if kennedy was not assassinated. larry kudlow and john harwood weigh in next. the american dream is of a better future, a confident retirement. those dreams, there's just no way we're going to let them die. ♪ like they helped millions of others. by listening. planning. working one on one. that's what ameriprise financial does. that's what they can do with you. that's how ameriprise puts more within reach. ♪ i got this. [thinking] is it that time? the son picks up the check? [thinking] i'm still working. he's retired. i hope he's saving. i hope he saved enough. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. whether you're just starting your 401(k) or you are read
back to you. >> thank you, sharon epperson. still ahead, what the heck is up with intel? the company leaving a lot of people scratching their head at their annual shareholder meeting. we will be digging on that ahead. >> we'll honor the memory of john f. kennedy 50 years after his death. what would the american economy look like today if kennedy was not assassinated. larry kudlow and john harwood weigh in next. the american dream is of a better future, a confident retirement. those...
76
76
Nov 11, 2013
11/13
by
CNBC
tv
eye 76
favorite 0
quote 0
here's sharon epperson with today's pump patrol report. >> gas price falling fast, most drivers paying the cheapest gas prices in nearly three years. nationally prices on average have fallen for ten straight weeksp. you'll find the cheapest gas in springfield, missouri, prices are $2.76 a gallon on average. in the couldn't nenl u.s. gasoline most expensive in san francisco at $3.74 a gallon. the national average dropped a couple more pennies over the weekend. to $3.19 a gallon according to aaa. that's the lowest price since february of 2011. now with abundant supplies, declining demand and lower oil prices aaa says the national average could fall close to $3 a gallon by the end of the year. nine states in the south central part of the u.s. including cap sass, missouri, new mexico, and mississippi have seen the average price of gasoline in their states fall below $3 a gallon according tos gas buddy.com. you can find gasoline below the $3 mark in many other places. aaa says one in four stations in the nation are selling gasoline at under $3 a gallon today. back to you. >> sharon epperson
here's sharon epperson with today's pump patrol report. >> gas price falling fast, most drivers paying the cheapest gas prices in nearly three years. nationally prices on average have fallen for ten straight weeksp. you'll find the cheapest gas in springfield, missouri, prices are $2.76 a gallon on average. in the couldn't nenl u.s. gasoline most expensive in san francisco at $3.74 a gallon. the national average dropped a couple more pennies over the weekend. to $3.19 a gallon according...
98
98
Nov 12, 2013
11/13
by
CNBC
tv
eye 98
favorite 0
quote 1
sharon epperson a moment ago was telling us about where we can find the cheapest gasoline around. i think it was $2.66 in oklahoma. a function of what's going on with crude as we can see it's been dropping for the last couple months and now below $93 a barrel. >>> twitter hype losing steam, two analysts initiate coverage with a neutral rating. let's bring back herb greenberg on this. you've said there's a real tug of war brewing on wall street over this very newly public stock. >> you know, this is a fool me once for some of the analysts. they're not willing to accept the possibility that the stock goes much lower. they put a buy on it. what's interesting, pre-ipo you had about eight analysts come out and have buys on the stock. they're looking very good right now. then you have four over the past few days post-ipo with the equivalent of neutrals. one of my favorite from robert bear today, their analyst put like a neutral on the stock, initiate with a neutral and a target of 48. you have someone like susquehanna, this is interesting, a 50-pain report, a very serious 50-page report
sharon epperson a moment ago was telling us about where we can find the cheapest gasoline around. i think it was $2.66 in oklahoma. a function of what's going on with crude as we can see it's been dropping for the last couple months and now below $93 a barrel. >>> twitter hype losing steam, two analysts initiate coverage with a neutral rating. let's bring back herb greenberg on this. you've said there's a real tug of war brewing on wall street over this very newly public stock....
56
56
Nov 26, 2013
11/13
by
KQED
tv
eye 56
favorite 0
quote 0
sharon epperson has more on what it could mean to prices at the pump. >> reporter: as part of a preliminary deal, the united states has said sanctions against iran will not be tightened but will remain in effect over the next six months. sanctions have significantly reduced iran's oil exports from two and a half million barrels a day in 2011, to one and a half million in 2012, and less than a million barrels a day in october. the white house says it will be limited to two million barrels a someday as part of the -- day as part of the session. >> what we're talking about is the cap at a million barrels a day, which is a part of iran's diminished amount. you're talking about 285,000. >> that is not an insignificant amount. the prices plunged on the news, down about 3% but recovered the losses by the end of the day. the international energy agency contends that even if some oil sanctions are lifted it is not likely that iran would be able to jump back to pre-sanctions levels immediately. so what is next for oil prices? if growth and out strip demand and other prices continue to pressure the ma
sharon epperson has more on what it could mean to prices at the pump. >> reporter: as part of a preliminary deal, the united states has said sanctions against iran will not be tightened but will remain in effect over the next six months. sanctions have significantly reduced iran's oil exports from two and a half million barrels a day in 2011, to one and a half million in 2012, and less than a million barrels a day in october. the white house says it will be limited to two million barrels...
139
139
Nov 25, 2013
11/13
by
CNBC
tv
eye 139
favorite 0
quote 0
i'm sharon epperson on the floor of the nymex. the gold, we saw gold prices drop dramatically overnight, more than $15. gold was down on the heels of that deal on iran's nuclear program. but we've paired a lot of those losses down, only a couple bucks going into the close. we are looking at gold prices where traders are saying iran is po not the factor they're watching. the december options on futures expire today and we're going to see a rollover to the february contract. that's really what they're watching right now. they're watching that 1200 level for gold to see whether we get there. because some are saying credit suite analysts family that we could see miners cut their dividends if we see gold below $1200 an ounce. back to you. >> i'm sure they are. thank you very much. >>> as a holiday shortened trading week, market is closed thus for thanksgiving and closes early on friday. how should you position yourself heading into thanksgiving? sometimes we get a lot of volatility. dominic chu has startling stats for us. >> if you tho
i'm sharon epperson on the floor of the nymex. the gold, we saw gold prices drop dramatically overnight, more than $15. gold was down on the heels of that deal on iran's nuclear program. but we've paired a lot of those losses down, only a couple bucks going into the close. we are looking at gold prices where traders are saying iran is po not the factor they're watching. the december options on futures expire today and we're going to see a rollover to the february contract. that's really what...
298
298
Nov 25, 2013
11/13
by
CNBC
tv
eye 298
favorite 0
quote 1
i'm sharon epperson at the nymex. we have been watching this plunge in oil prices since the market opened last night. we are looking at crude prices significantly lower. how low could they go? there are some that are anticipating we could see a much further drop. why? it may take a while for the full oil exports from iran to hit the market. already, kevin book from clear view energy says we could see an immediate increase of 285,000 barrels of oil per day for iranian crude oil on the market. he is predicted by the end of the year, we could see food prices at $90 a barrel wechlt are looking at u.s. oil prices being impacted here. they are lower on the eggs is. while we are seeing retail gasoline prices 7 cents higher than a week ago at $3.28 a gallon. there are some that say we could see below $3 a gallon for the national average starting in the beginning sometime of next year as we see again oil prices continue to slide. but keep your eye as well on natural gas. natural gas definitely the best performing commodity we
i'm sharon epperson at the nymex. we have been watching this plunge in oil prices since the market opened last night. we are looking at crude prices significantly lower. how low could they go? there are some that are anticipating we could see a much further drop. why? it may take a while for the full oil exports from iran to hit the market. already, kevin book from clear view energy says we could see an immediate increase of 285,000 barrels of oil per day for iranian crude oil on the market. he...
313
313
Nov 5, 2013
11/13
by
CNBC
tv
eye 313
favorite 0
quote 1
♪ >>> welcome back, i'm sharon epperson, gasoline prices keep falling. crude prices keep falling, below $95 a fairly for u.s. oil futures. we're seeing rising gasoline supplies as well and lackluster demand. a big part of the reason, the national average $3.24 a gallon, down a penny from yesterday, down about 10 cents in the past month. prices could go as low as $3.10 for the national average by the end of the year, but we're already seeing prices below $3 a gallon for the statewide average in five states, including missouri and kansas and also seeing about 35 states around the country where somewhere in that state can you find gas at some station below $3 a gallon. a lot more information on how low gas prices will go and whether you can find gasoline below $3 a gallon on cnbc.com. back to you, guys. >> just in time for the holidays. we'll see if it helps the consumer out. >> boeing on the verge of an unprecedented deal that will get the company through the bulk of its orders. phil lebeau has the details out of chicago. good morning, phil. >> reporter: g
♪ >>> welcome back, i'm sharon epperson, gasoline prices keep falling. crude prices keep falling, below $95 a fairly for u.s. oil futures. we're seeing rising gasoline supplies as well and lackluster demand. a big part of the reason, the national average $3.24 a gallon, down a penny from yesterday, down about 10 cents in the past month. prices could go as low as $3.10 for the national average by the end of the year, but we're already seeing prices below $3 a gallon for the statewide...
115
115
Nov 6, 2013
11/13
by
CNBC
tv
eye 115
favorite 0
quote 0
sharon epperson is at the nymex. hey, sharon. >> hey, tyler. we're looking at a little gain here in gold prices. gold is closing slightly higher and the fact that we're seeing some weakness in the dollar is part of the reason that has sparked demand for the precious metal. traders say it's stuck in a range here between 1305 and 1325 an ounce. what's key here for the next move in gold is what happens friday with the jobs data. back to you. >> all right. thanks, sharon. very much. to chicago right now, let's check in on interest rates and how they're fairing. rick santelli tracks the action at the cme every day. >> hi, sue. if you look at a 24-hour chart you can see that rates aren't at their highs of the day, but if you consider yesterday they're still holding their gains. how do we know this? look how much steepening is going on the fives to tens, the yield separation, you open it up, these are basically two plus-year highs. that is important because everybody loves the five-year but they seem to be selling long maturities. the last chart dolla
sharon epperson is at the nymex. hey, sharon. >> hey, tyler. we're looking at a little gain here in gold prices. gold is closing slightly higher and the fact that we're seeing some weakness in the dollar is part of the reason that has sparked demand for the precious metal. traders say it's stuck in a range here between 1305 and 1325 an ounce. what's key here for the next move in gold is what happens friday with the jobs data. back to you. >> all right. thanks, sharon. very much. to...
72
72
Nov 13, 2013
11/13
by
CNBC
tv
eye 72
favorite 0
quote 0
sharon epperson is on pump patrol. . >> the slide in gasoline prices has stalled for the national average but prices are falling in many parts of the country. and you'll find the cheapest gas prices today in columbia, missouri. at $2.78 a gallon according to aaa. missoury is one of nine states where the average price of gasoline in that state has fallen below the $3 a gallon mark and there are many other states getting very close to doing the same. but meanwhile, the national average actually rose over the last 24 hours. it's at $3.19 a gallon. that's up almost a penny. the biggest one-day jump we've seen since the middle of october. and it's been about two weeks since we've seen a rise in gasoline prices but it happened today. that's today's pump patrol. back to you. >> all right. sharon, thank you very much. on deck, starbucks on the hook for a $2.7 billion bill. we're going to talk the numbers behind this venti size settlement. >> as your "street signs" lulu lemon in full transparency and a steel heavyweight thrown in for fun as well. "street signs" back in two. ♪ the world is changi
sharon epperson is on pump patrol. . >> the slide in gasoline prices has stalled for the national average but prices are falling in many parts of the country. and you'll find the cheapest gas prices today in columbia, missouri. at $2.78 a gallon according to aaa. missoury is one of nine states where the average price of gasoline in that state has fallen below the $3 a gallon mark and there are many other states getting very close to doing the same. but meanwhile, the national average...
76
76
Nov 7, 2013
11/13
by
CNBC
tv
eye 76
favorite 0
quote 0
let's get now to sharon epperson who has been keeping tabs on the prices. what are you seeing, sharon? >> reporter: it's great to have a story about a trend that's benefiting millions of consumers. we have seen gasoline prices on average down a penny a day every day this week. now down to $3.22 a gallon for the national average. according to aaa. we're looking at prices that continue to slide and down 13 cents just in the past month. it's not a stretch to think that at this rate that maybe we'll see $3 a gallon for the national average by the end of the year. but we're already seeing many states where gasoline prices are below that $3 mark. take a look at the list of seven states from gasbuddy.com. we're looking at missouri, oklahoma, arkansas, texas, kansas, nebraska and louisiana all with prices below $3 a gallon. and here's where you can find the cheapest gas today. tulsa, oklahoma, $2.80 a gallon. kansas city, missouri, $2.85 a gallon. laredo, texas, $2.85 a gallon. of course, hawaii often has the most expensive gasoline as the gasoline has been transpo
let's get now to sharon epperson who has been keeping tabs on the prices. what are you seeing, sharon? >> reporter: it's great to have a story about a trend that's benefiting millions of consumers. we have seen gasoline prices on average down a penny a day every day this week. now down to $3.22 a gallon for the national average. according to aaa. we're looking at prices that continue to slide and down 13 cents just in the past month. it's not a stretch to think that at this rate that...
175
175
Nov 22, 2013
11/13
by
CNBC
tv
eye 175
favorite 0
quote 0
sharon epperson has more on how workers some of whom may make less than six figures were able to retire with over a millp bucks in their 401(k) plan. i am all ears, sharon. >> so am i, when i heard this reporting report. the new allowances show workers are able to amass a million dollar 401(k). they looked at about 5500401(k) participants over 12 years. all of these folks made less than $150,000 a year. here are the steps they took to get to that million dollar mark. first they started early. they started investing very early and enabled them to compound the interest in their investments as well as accumulate a lot of money. the second thing they did was they saved a large chunk of their pay. we're talking about 14% or so of their paycheck, about $13,000 a year. they took advantage of company matching contributions and that was another 5% or so ta was added to the pot. then they weren't afraid to invest in equities. the younger participants those in their 20s or 30s put as much as 70% of their balance into stocks and so this also helped their returns, about 5% on average. in the end, th
sharon epperson has more on how workers some of whom may make less than six figures were able to retire with over a millp bucks in their 401(k) plan. i am all ears, sharon. >> so am i, when i heard this reporting report. the new allowances show workers are able to amass a million dollar 401(k). they looked at about 5500401(k) participants over 12 years. all of these folks made less than $150,000 a year. here are the steps they took to get to that million dollar mark. first they started...
197
197
Nov 12, 2013
11/13
by
CNBC
tv
eye 197
favorite 0
quote 0
sharon epperson here now with some smart year-end tax tips to lower your tax bite. had hi. >> hi, tyler. it's very important to get a handle on your tax situation now, because what you got back from the irs or what you owed last year, could be a completely different story this time around and that's especially true for high-income taxpayers. starting this year those individuals with incomes over $400,000 or couples making over $450,000, are going to see themselves in a brand new much higher tax bracket, 39.6%. that's up from 35% last year. they will be paying the maximum 20% tax rate on long-term capital gains and qualifying dividends. if your income is over $200 had,000, if you're an individual or $250,000 for a couple, you'll pay a 3.8% medicare tax on net investment income as well. so what can you do about all of this to minimize your tax bite in 2013? first thing is review your investments and elle sell those losers to offset capital gains. you can also defer your income if you're going to get a bonus or exercise stock options, wait until next year to exercise t
sharon epperson here now with some smart year-end tax tips to lower your tax bite. had hi. >> hi, tyler. it's very important to get a handle on your tax situation now, because what you got back from the irs or what you owed last year, could be a completely different story this time around and that's especially true for high-income taxpayers. starting this year those individuals with incomes over $400,000 or couples making over $450,000, are going to see themselves in a brand new much...
132
132
Nov 4, 2013
11/13
by
CNBC
tv
eye 132
favorite 0
quote 0
sharon epperson. >> technology stocks are among the most common and widely held stocks in 401(k) plans. a lot of investors may not realize it because it's easy to figure out what mutual funds are in your 401(k). have you to do a little more digging to find out the stocks that are in those funds. we did some of the digging for you. the top funds in 401(k) plans according to bright scope including two fidelity funds, as well as american funds, growth funds of america and two vanguard index funds. within those, the most widely held stocks in those funds are companies like cisco ranksed number five in 401(k) plans. about 1,000 mutual funds hold cisco in their fund. jpmorgan chase, only nontechnology in top five. google is third. heavily weighted in contra funds, making up 6% of that fund. number two is microsoft. and the number one most widely held stock in 401(k) plans is apple. over 1200 mutual funds hold apple. and it is in many of the top 401(k) plans as well. if you're wondering about the volatility and quote/unquote, plain vanilla funds in your 401(k), you may have to look under the
sharon epperson. >> technology stocks are among the most common and widely held stocks in 401(k) plans. a lot of investors may not realize it because it's easy to figure out what mutual funds are in your 401(k). have you to do a little more digging to find out the stocks that are in those funds. we did some of the digging for you. the top funds in 401(k) plans according to bright scope including two fidelity funds, as well as american funds, growth funds of america and two vanguard index...
185
185
Nov 22, 2013
11/13
by
CNBC
tv
eye 185
favorite 0
quote 0
let's get to sharon epperson at the nymex. >> it's a mixed picture. natural gas on a tear, at a one-month high. oil prices are mixed. traders are still watching the developments in geneva over iran's nuclear program and western powers speaking to iran about a possible agreement. we're continuing to watch gold prices, gold steadied after falling to a four-month low. we are looking at prices that technically traders say have very little support all the way down to 1200 an ounce. maria and bill, i have to send it back to you. maria, i have to say in addition to all the contributions you've made to cnbc, i will most remember everything you've done to improve financial literacy for all ages, for everybody, outside of cnbc on your own time. i know you'll continue to do that. and i really have to say, it's been such a pleasure to work with you. >> thank you, sharon. the honor has been mine. i really appreciate that. sharon, you're the best. thank you. i know you'll continue to soar, sharon. >>> how low will gold go or is this the time to buy? >> let's have a
let's get to sharon epperson at the nymex. >> it's a mixed picture. natural gas on a tear, at a one-month high. oil prices are mixed. traders are still watching the developments in geneva over iran's nuclear program and western powers speaking to iran about a possible agreement. we're continuing to watch gold prices, gold steadied after falling to a four-month low. we are looking at prices that technically traders say have very little support all the way down to 1200 an ounce. maria and...
195
195
Nov 7, 2013
11/13
by
CNBC
tv
eye 195
favorite 0
quote 0
a i'm sharon epperson at the nymex with final krad trades in the pick. looks like it's going to close at a three-week low, prices down about $9 or so, just above that $1300 an ounce level. we did see a brief pop in gold prices to around $1325 an ounce earlier this morning. but that was short-lived with the strength in the dollar, we're seeing a considerable drop in gold prices. as i mentioned, at a three-week low and as the dollar has gained ground on the positive data we got on gdp, that's part of the reason why we're looking at gold prices faltering. back to you. >> thank you so much, sharon. >>> a new front on the war on obesity. the fda wants to ban artificial transfats from foods. this is going to have some huge ramifications for the food industry. think doughnuts or burgers or cookies, crackers, even frozen pizza. eamon javers is in washington with more on the story. hi. >> mmm, doughnut, sue, you already got me thinking about lunch here. what we're talking about here is partially hydrogenated oil. take a look at your nutrition label on food. and i
a i'm sharon epperson at the nymex with final krad trades in the pick. looks like it's going to close at a three-week low, prices down about $9 or so, just above that $1300 an ounce level. we did see a brief pop in gold prices to around $1325 an ounce earlier this morning. but that was short-lived with the strength in the dollar, we're seeing a considerable drop in gold prices. as i mentioned, at a three-week low and as the dollar has gained ground on the positive data we got on gdp, that's...
182
182
Nov 13, 2013
11/13
by
CNBC
tv
eye 182
favorite 0
quote 0
gold prices are closing right now and sharon epperson is tracking the action for us over at the nymex. >> hi, sue. it's become a familiar pattern gold prices rallying during the session and into the close giving up those gains. that happened today. we're looking at gold below 12 0 an ounce, down about $3 as the final trades come in right now. we are looking at copper prices that have really been the big decliner here in the methals market. copper hitting a three month low. talking about the tapering talk and what we heard or the details we didn't get out of the china summit about its economic plan for the next decade. those are factors weighing on copper but we're looking at metals weak across the board. back to you. >> thank you so much, sharon. >>> all right. let's check the bond market as you know, we did have a ten-year note auction this morning. we basically had $24 billion worth of ten-year notes go off the board. the bid to cover, was better than the -- what we saw in october. we came in at 2.70% on the bid to cover and that is better than what we saw in the october auction. ri
gold prices are closing right now and sharon epperson is tracking the action for us over at the nymex. >> hi, sue. it's become a familiar pattern gold prices rallying during the session and into the close giving up those gains. that happened today. we're looking at gold below 12 0 an ounce, down about $3 as the final trades come in right now. we are looking at copper prices that have really been the big decliner here in the methals market. copper hitting a three month low. talking about...
57
57
Nov 18, 2013
11/13
by
CNBC
tv
eye 57
favorite 0
quote 0
to sharon epperson for today's pump patrol. >> the national average price for regular gasoline has increased for the past six days in a row. at $3.21 a gallon we are now looking at prices that have risen about three cents a gallon on average over the last six days and that's due to supply snags at major refineries. gasoline prices are falling in many parts of the country. seven states now have the average price of gasoline in their state below $3 a gallon, oklahoma, city is where you can find the cheapest gasoline prices in the country right now. $2.65 a gallon. good news for everyone and that is that the average price in every state is now below $4 a gallon, that includes hawaii. this is the first time that's happened since january. that's today's pump patrol, back to you. >> thank you very much. up next an ep ing battle of the d epic battle of the software gods and cloud. if you had to buy one of those stocks which one should it be? >> later on when you hear the word charbucks what do you think some let's be honest? the question was at the center of a decade plus long lawsuit. all those de
to sharon epperson for today's pump patrol. >> the national average price for regular gasoline has increased for the past six days in a row. at $3.21 a gallon we are now looking at prices that have risen about three cents a gallon on average over the last six days and that's due to supply snags at major refineries. gasoline prices are falling in many parts of the country. seven states now have the average price of gasoline in their state below $3 a gallon, oklahoma, city is where you can...
135
135
Nov 5, 2013
11/13
by
CNBC
tv
eye 135
favorite 0
quote 0
sharon epperson tracking the action at the nymex. >> hey, there's a lot of focus on the oil market but traders are watching gold at the close and we are dipping a bit here as we go into the close and slightly lower by about $6 or so. the fact that u.s. dollar has gained some ground is one of the factors that's contributing to the slide in gold. some are saying they're looking at some of the positive economic data that we've gotten out as well as the retreat in the euro that's helped to lift the dollar. when you look at gold versus silver, we have seen, of course, them trending lower in light of where we've seen the dollar and trending lower than some of the platinum group metals as well performing very well with some supply concerns in south africa. back to you. >> sharon, thank you very much. pandora moving higher in today's trading session. the internet radio company said its share of the u.s. listening market rose in october. the stock is up almost 7%. delphi automotive moving lower after the auto parts maker narrowed its full year outlook below the street expectations, it's down be
sharon epperson tracking the action at the nymex. >> hey, there's a lot of focus on the oil market but traders are watching gold at the close and we are dipping a bit here as we go into the close and slightly lower by about $6 or so. the fact that u.s. dollar has gained some ground is one of the factors that's contributing to the slide in gold. some are saying they're looking at some of the positive economic data that we've gotten out as well as the retreat in the euro that's helped to...
67
67
Nov 4, 2013
11/13
by
CNBC
tv
eye 67
favorite 0
quote 0
sharon epperson is at the nymex. good news. >> it is good news and gets better because it's more than just a few. aaa is now saying about 35 states have stations where somewhere in that state you can find gasoline below $3 a gallon. they're saying that, of course, is well below the national average which is right now $3.25 a gallon. still the lowest price that we're seeing for the year. keep in mind, though, as we look at the states that have gasoline below $3 a gallon there are four states they include missouri, oklahoma, arkansas and texas and that's according to gas buddy.com. but even in this region which was, of course, devastated by hurricane sandy just a year ago, new york often has the highest priced gasoline and we saw gas prices at $4 a gallon and above this time last year, prices have come down some 40 to 50 cents. and in at least ten states around the nation, we could see the statewide average below $3 a gallon by the end of the year. that's what aaa is predicting. they're also looking at the national ave
sharon epperson is at the nymex. good news. >> it is good news and gets better because it's more than just a few. aaa is now saying about 35 states have stations where somewhere in that state you can find gasoline below $3 a gallon. they're saying that, of course, is well below the national average which is right now $3.25 a gallon. still the lowest price that we're seeing for the year. keep in mind, though, as we look at the states that have gasoline below $3 a gallon there are four...
67
67
Nov 8, 2013
11/13
by
CNBC
tv
eye 67
favorite 0
quote 0
sharon epperson is on pump patrol. give us the petrol for the day. >> what a difference a penny a day can make. we have seen gasoline prices dropping on average a penny a day for the entire week. we're looking at prices right now at $3.21 a gallon. that's the cheapest price we've seen for this type of year in about three year's time. we're looking at prices as they dropped a penny a day, we're seeing a 7 cent decline from a week ago and at this rate you think maybe we'll see $3 a gallon for the national average by the end of the year. we've seen this week, three more states added to the list of states where gas is below $3 and that brings the total now to eight states where prices are below the $3 a gallon mark. where you can find the cheapest much is in the southern and central part of the country and we're looking at drivers in tulsa, oklahoma, who are paying the cheapest for gas right now, looking at gas prices as little as $2.78 a gallon. meanwhile, the most expensive gas in california, right there under $4 a gallo
sharon epperson is on pump patrol. give us the petrol for the day. >> what a difference a penny a day can make. we have seen gasoline prices dropping on average a penny a day for the entire week. we're looking at prices right now at $3.21 a gallon. that's the cheapest price we've seen for this type of year in about three year's time. we're looking at prices as they dropped a penny a day, we're seeing a 7 cent decline from a week ago and at this rate you think maybe we'll see $3 a gallon...
150
150
Nov 4, 2013
11/13
by
CNBC
tv
eye 150
favorite 0
quote 0
our sharon epperson with the five most widely held companies. >> it's easy to figure out what mutual funds are in your 401(k) but requires a little more digging to find out the most wildly held stocks in those funds. we did the work and took a look at some of the top mutual funds and 401(k) plans and they told us that among them are fidelity's contra fund and spartan fund and american's funds growth fund of america and two vanguard index funds and then morning star to find out the most wildly held companies in those funds and ranking five is cisco systems. it's in about 1,000 mutual funds altogether making it one of the most wildly held. number four jpmorgan chase, third is google, second is microsoft, and the number one most wildly held stock in 401(k) plans is apple. it's in over 1200 mutual funds. back to you. >> all right. thanks very much, sharon. very interesting findings there about those wildly held stocks. you got to know what is in your funds. preet bharara firing off a fresh warning to wall street saying no institution is too big to jail. we'll talk about that and more whe
our sharon epperson with the five most widely held companies. >> it's easy to figure out what mutual funds are in your 401(k) but requires a little more digging to find out the most wildly held stocks in those funds. we did the work and took a look at some of the top mutual funds and 401(k) plans and they told us that among them are fidelity's contra fund and spartan fund and american's funds growth fund of america and two vanguard index funds and then morning star to find out the most...
46
46
Nov 25, 2013
11/13
by
CNBC
tv
eye 46
favorite 0
quote 0
sharon epperson has today's pump patrol. >> gas prices are up about 7 cents a week ago as drivers hit the road for this holiday week. we are looking at the national average at $3.28 a gallon near the lowest levels of the year but gasoline prices have been rising due to a number of outages at refineries around the country, mainly the largest in the country which is in port arthur, texas. texas gas prices have spiked some 16 cents in the past week. but drivers in sperry, oklahoma, pretty happy paying $2.78 a gallon for gasoline. that's the lowest gasoline price in the country. and there are prices below $3 a gallon in two key states, oklahoma, and kansas. in fact, we could see the national average below $3 a gallon some analysts say next year if oil prices continue to slide. and that's today's pump patrol. back to you. >> thank you, sharon. speaking of driving there is one surprising trend in retail right now that i questions maybe based on the weather is not that surprising at all. let's talk about that and the fight for the best deals heading into a minorly important shopping time for
sharon epperson has today's pump patrol. >> gas prices are up about 7 cents a week ago as drivers hit the road for this holiday week. we are looking at the national average at $3.28 a gallon near the lowest levels of the year but gasoline prices have been rising due to a number of outages at refineries around the country, mainly the largest in the country which is in port arthur, texas. texas gas prices have spiked some 16 cents in the past week. but drivers in sperry, oklahoma, pretty...
71
71
Nov 26, 2013
11/13
by
CNBC
tv
eye 71
favorite 0
quote 0
thank you, laurie, and thanks as always sharon epperson. >> that bad brings people to tears. >> you know, awkward topics. >> i warned you against this many times. >> if my 10-year-old says mom i'm putting you in a home this thanksgiving, there's going to be a lot of tears and not my tears. >> can i just mention one thing? >> yeah. >> i would ask people to go to my website the m word.com five step plan providing work sheets after the first of the year, specifically designed for people to actually help them have these conversations and to get through these it tough money conversations. i recommend after the first of the year. >> thank you so much, laurie. for more tips from our roster of financial advisors, head over to faplaybook.cnbc.com. >> still ahead -- >> spam, bacon, sausage and spam. spam eggs, spam bacon and spam. spam spam spam eggs and spam. spam spam spam spam spam baked beans spam spam spam and spam. >> in case you missed that, we're going to be talking about why spam is taking over the world. ya know, with new fedex one rate you can fill that box and pay one flat rate. how na
thank you, laurie, and thanks as always sharon epperson. >> that bad brings people to tears. >> you know, awkward topics. >> i warned you against this many times. >> if my 10-year-old says mom i'm putting you in a home this thanksgiving, there's going to be a lot of tears and not my tears. >> can i just mention one thing? >> yeah. >> i would ask people to go to my website the m word.com five step plan providing work sheets after the first of the year,...
187
187
Nov 25, 2013
11/13
by
CNBC
tv
eye 187
favorite 0
quote 0
sharon epperson, where's the disconnect between oil and gasoline? >> first of all, brent crude prices aren't down that much at all. only down a few cents because a lot of traders are skeptical about how much iranian crude will come back to the market based on this preliminary deal. we're looking at u.s. oil prices down more sharply because there's so much oil out there. and gas prices have been climbing because a number of refinery outages around the country but the refineries are coming back on line. so traders and analysts tell me we could see gas prices at the pump start to decline once again. looking at $3.28, now near the lowest levels of the year and we could get significantly lower here going toward the end of the year if we see these refineries back in operation. back to you. >> sharon, thanks very much. now, more on the disconnected between falling oil prices and a little rebound in prices at the gasoline price, let's bring in energy analyst at raymond james and brian kel y founder of kelly capital and contributor to "fast money." welcome.
sharon epperson, where's the disconnect between oil and gasoline? >> first of all, brent crude prices aren't down that much at all. only down a few cents because a lot of traders are skeptical about how much iranian crude will come back to the market based on this preliminary deal. we're looking at u.s. oil prices down more sharply because there's so much oil out there. and gas prices have been climbing because a number of refinery outages around the country but the refineries are coming...
119
119
Nov 20, 2013
11/13
by
CNBC
tv
eye 119
favorite 0
quote 0
gold moshgts closing about now and sharon epperson is tracking the ax next at the nymex. >> slide in gold down about $15 below 1260 an ounce and this close below that mark is significant because technically this is the lowest settlement price we've seen for gold since july. closing here below the 1260 level. keep in mind that traders are still looking at that low that we saw back in october around 1251 an ounce. is that the next level that they're watching. and below that they say there's very little technical support above the 1209 level. so looks like maybe we could see gold prices near that level by the end of the year. we're seeing lower prices across the board in precious metals and traders waiting for the fed minutes to come out. maybe that will have impact on where gold goes from here. back to you. >> sharon, thank you very much. >>> let's talk about interest rates right now. that's what the buzz is about down here on the floor. rick santelli is tracking the action at the cme. they're pushing it up today, 276 on the ten year. >> yeah. and i'll tell you what, listen, i didn't t
gold moshgts closing about now and sharon epperson is tracking the ax next at the nymex. >> slide in gold down about $15 below 1260 an ounce and this close below that mark is significant because technically this is the lowest settlement price we've seen for gold since july. closing here below the 1260 level. keep in mind that traders are still looking at that low that we saw back in october around 1251 an ounce. is that the next level that they're watching. and below that they say there's...
203
203
Nov 13, 2013
11/13
by
CNBC
tv
eye 203
favorite 0
quote 0
. >>> i'm sharon epperson. the slide in prices at the pump has stalled for now. we're looking at the national average for retail gasoline at $3.19 a gallon. that's up a penny from yesterday and it's the first time in 12 days that gasoline prices have risen. the fact that we're looking at this rise, the biggest since the middle of october, has a lot to do what we're seeing here on the floor of the new mercantile exchange, since friday there have been refinery issues on the east coast and we're seeing a pretty sharp rise in brent crude prices. and we're looking at brent crude prices being impacted by supply issues in libya, as well as concerns of what will happen with iran's nuclear program and will we have an agreement on the issues. all of this is contributing to the rise of brent. >> we want to take a look at chegg, a silicon valley startup focused on higher education. they priced $1 higher than the range. there had been a sense, david, that because twitter did go so well last week, there might be a halo effect. this is the first silicon valley company to come p
. >>> i'm sharon epperson. the slide in prices at the pump has stalled for now. we're looking at the national average for retail gasoline at $3.19 a gallon. that's up a penny from yesterday and it's the first time in 12 days that gasoline prices have risen. the fact that we're looking at this rise, the biggest since the middle of october, has a lot to do what we're seeing here on the floor of the new mercantile exchange, since friday there have been refinery issues on the east coast...
189
189
Nov 22, 2013
11/13
by
CNBC
tv
eye 189
favorite 0
quote 1
back to you. >> sharon epperson, thank you. as you can see, david is on the phone. some breaking news you do not want to miss. the dow is down about 28. a lot more "squawk on the street." back in a moment. tdd#: 1-800-345-2550 trading inspires your life. tdd#: 1-800-345-2550 life inspires your trading. tdd#: 1-800-345-2550 where others see fads... tdd#: 1-800-345-2550 ...you see opportunities. tdd#: 1-800-345-2550 at schwab, we're here to help tdd#: 1-800-345-2550 turn inspiration into action. tdd#: 1-800-345-2550 we have intuitive platforms tdd#: 1-800-345-2550 to help you discover what's trending. tdd#: 1-800-345-2550 and seasoned market experts to help sharpen your instincts. tdd#: 1-800-345-2550 so you can take charge tdd#: 1-800-345-2550 of your trading. in a we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, w
back to you. >> sharon epperson, thank you. as you can see, david is on the phone. some breaking news you do not want to miss. the dow is down about 28. a lot more "squawk on the street." back in a moment. tdd#: 1-800-345-2550 trading inspires your life. tdd#: 1-800-345-2550 life inspires your trading. tdd#: 1-800-345-2550 where others see fads... tdd#: 1-800-345-2550 ...you see opportunities. tdd#: 1-800-345-2550 at schwab, we're here to help tdd#: 1-800-345-2550 turn...
166
166
Nov 4, 2013
11/13
by
CNBC
tv
eye 166
favorite 0
quote 0
i'm sharon epperson at the imac. the natural gas is a low. a lot of folks are looking at forwards not just today but looking ahead to above normal temperatures and the fact that we are seeing near record levels of dry gas production, something else that is pressuring natural gas prices and has natural gas looking at the september lows to see if we will retest that area. we are also watching what's happening in the oil market. oil prices are lower this morning. we have seen rising u.s. oil inventoririe inventoriries. we are seeing supplies from libya. this is pressuring oil prices on both sides of the atlantic and gold getting a little bit of a rebound. i will send it back to you at the nyc. >> >> shares of blackberry plunging today. thorsten heins, the ceo is going to step down as they look for a replacement. >>> write the help wanted ad for blackberry's ceo search. tweet us and we'll get to your responses later on this morning >>> meet me at waterloo. it's their headquarters. >> the fact that waterloo is a phrase in this story is not a good
i'm sharon epperson at the imac. the natural gas is a low. a lot of folks are looking at forwards not just today but looking ahead to above normal temperatures and the fact that we are seeing near record levels of dry gas production, something else that is pressuring natural gas prices and has natural gas looking at the september lows to see if we will retest that area. we are also watching what's happening in the oil market. oil prices are lower this morning. we have seen rising u.s. oil...
224
224
Nov 6, 2013
11/13
by
CNBC
tv
eye 224
favorite 0
quote 1
>> let's go to sharon epperson. >> crude oil supplies road by 1.6 million barrels in the last week. that is less than what analysts had expected and it's a little more than the build that the american petroleum restaurant is what happened with roo feebd fiend 3.8 million barrels. that is greater than the decline that and mists will and pes patrioted and that has been somewhat billish for gasoline futures going into the session. also greater than what analyst himself expected. so it is refined fuels that had vepd this lift and a big part of the reason why we're seeing gasoline prices at the pump continues to slide, we'll see if that trend continues, triple a saying $3.10 a gallon will be the national average by the end of the year. >> when we come back, zillow's ceo knows a few things about social media. he used it to solicit questions to the president just a few months ago. [ male announcer ] at optionsxpress, our clients really appreciate our powerful, easy-to-use platform. no, thank you. we know you're always looking for the best fill price. and walk limit automatically tries to f
>> let's go to sharon epperson. >> crude oil supplies road by 1.6 million barrels in the last week. that is less than what analysts had expected and it's a little more than the build that the american petroleum restaurant is what happened with roo feebd fiend 3.8 million barrels. that is greater than the decline that and mists will and pes patrioted and that has been somewhat billish for gasoline futures going into the session. also greater than what analyst himself expected. so it...
146
146
Nov 20, 2013
11/13
by
CNBC
tv
eye 146
favorite 0
quote 0
. >> thank you, sharon epperson. >> amazon already sells a ton of its own products like batteries and keyboards. soon it could add supermarket products to that list. ads mentioned a launch in ads in consumables. while this hints at the direction amazon is going, it's not clear if the company will target one product type like snacks or a bunch of different areas. whatever it is, if they like it, they will find a way to finance it. >> yeah, don't go against them. it's interesting, a lot of times when i was out west, people say the sleeping giant that is microsoft, the sleeping giant that is oracle. no, amazon is not sleeping. maybe waking. they are the company that never sleeps, like a bank that used to be. >> citi? >> yes, i do. >> they doze occasionally. >> there's things can you take for that, you know. amazon innovates at scale. that's what i keep hearing. >> i like that. >> an enormous organization with enormous product portfolio, they're able to change things quickly. >> everyone out west in technology says they are fabulous. people revere that company. you can understand why its
. >> thank you, sharon epperson. >> amazon already sells a ton of its own products like batteries and keyboards. soon it could add supermarket products to that list. ads mentioned a launch in ads in consumables. while this hints at the direction amazon is going, it's not clear if the company will target one product type like snacks or a bunch of different areas. whatever it is, if they like it, they will find a way to finance it. >> yeah, don't go against them. it's...
132
132
Nov 8, 2013
11/13
by
CNBC
tv
eye 132
favorite 0
quote 0
i'm sharon epperson on the floor of the mercantile exchange. this is where the action is on the floor today. gold prices have plunged about $25, this after the jobs report. we're looking at prices around 12.84 an ounce. many traders are really talking about whether or not someone got some information perhaps a little early because a big part of that plunge happened about 20 seconds, they say, before the number came out. the cme group says the functioning of the markets was proper in terms of what their execution was, but we are continuing to look into this. and we are looking at this plunge here on the jobs data to the lowest levels that we've seen in about three weeks' time. oil prices meanwhile holding steady with brent crude below $104 a barrel, we're watching what's happening in geneva. secretary of state john kerry has arrived, there iran's foreign minister, he'll be meeting with foreign ministers from britain, germany and france and there's a good likelihood we could see some form of a deal today. that's according to nbc news. >> and perh
i'm sharon epperson on the floor of the mercantile exchange. this is where the action is on the floor today. gold prices have plunged about $25, this after the jobs report. we're looking at prices around 12.84 an ounce. many traders are really talking about whether or not someone got some information perhaps a little early because a big part of that plunge happened about 20 seconds, they say, before the number came out. the cme group says the functioning of the markets was proper in terms of...