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U.S. Day Ahead: Round two on Obamacare

Monday, March 26, 2012 - 02:10

Mar. 26 - The U.S. Supreme Court convenes another day of hearings on the constitutionality of President Obama's healthcare law. Also, economic data will give a sense of consumer attitudes and housing health.

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Here's your US day ahead the US Supreme Court convenes day two of its three day hearing on the constitutionality. Of president Obama's sweeping health care law. Reuters Jane this -- that was at the Supreme Court earlier today. Tuesday is the main event at the Supreme Court that's of the nine justices will decide the validity of the centerpiece. -- the Obama sponsored health care a lot the question is. Think congress -- feed its constitutional power. To regulate interstate commerce when a -- requirement that most Americans have to buy health insurance by 2014. -- A tax penalty. We'll get a look at the single family home market tomorrow with S&P case Shiller composite index coming out at nine hand. For January a Reuters poll season falling again but at a slower rate than in December. Right after the housing data won't get a read to consumer attitudes. Economists polled by Reuters the conference board's consumer confidence index dropping slightly from seventy point eight to seven point three in March. Month earlier hit a one year high as optimism about the labor market offset concerns over rising gas prices. In Washington Ben Bernanke is going to school again. The Fed Chairman is giving a third of four lectures about the financial crisis and the Great Recession they'll speak before undergraduates at the George Washington university school of business. The Fed will carry the event live on its web site. Besides Bernanke the markets will be busy digesting speeches from several fed heads. In Washington New York fed president William Dudley will testify Europe's economic situation before a house subcommittee. In Seattle Federal Reserve board governor Elizabeth duke will talk about building sustainable communities. In Dallas Richard -- you'll get an economic update and in London. Boston fed president Eric Rosen -- big for the national institute for economic and social search. We'll hear more on the homefront has company's release earnings reporting before the open home builder Lennar and -- producer McCormick & Co. Walgreens reports results at 11:30 AM. I'm Fred Katayama and this is what you.

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U.S. Day Ahead: Round two on Obamacare

Monday, March 26, 2012 - 02:10