Shinzo abe a blow to shinzo abe. There is uncertainty about whether japan can reduce its deficit and boost growth. He has helped to make his economic policies the focus of the campaign. Brendan . In Hong Kong Police are battling prodemocracy protesters that have occupied the citys admiralty district. Police used water hoses and pepper spray to push back protesters. Trying toters are expand their hold on central hong kong. Is protest leader alex chow. Any movement that can successfully surround the City Government headquarters makes the authorities lose face and gives them a slap in the face. If they want to keep their dignity, they should respond directly to citizens democracy requests. Protesters have demanded that hong kong allow free elections for its next leader. The government is refusing. In d c for the lameduck congress, a lot to do and not much time to do it. Lawmakers are back for the next couple of weeks before a new congress convenes in january. On their list come up with a
Records. Dow 18,000 in the cards. The economy on pace for its strongest year of job creations since the 90s. Retail rift. Well see how deep the sales split goes. Starbucks new Retail Concept that has many investors buzzing about the business beyond coffee. First up in november, nonfarm payrolls up 321,000. That did beat forecasts of 230,000 september and october revised higher. Private sector added 314,000 jobs last month. Unemployment rate holds steady at 5. 8, average Hourly Earnings was maybe the star of the show. Thats the biggest since june 2013. You heard becky, joe and andrew talking about implications for rates. I love the goldilocks scenario. We dont have it today. This is just a strong number. I like goldilocks because that says you dont have to worry about the Federal Reserve. There is still enough you might get excited. This is an economy in growth mode. We dont want to get in wage inflation. I rarely come in here and say listen, you worry about the fed way too early. We ar
Missing this morning. And the area could see another 1 to 3 inches of rain this weekend. The weather channels dave malkoff is in dallas with more on the overnight flooding. Reporter this underpass was the scene of a massive rescue effort overnight. The most rescues throughout the dallasft. Worth area that theyve seen in five years. Im going to bring you over here to listen for a second. Listen to this sound. You hear that . Thats the sound of dallas drying out after a wild night of swift water rescues and people trapped in cars. This underpass we couldnt even see the vehicles here when we first got here in the overnight hours. Now you can see theres at least six vehicles including a fancy mercedes sports car, completely covered in water. We could not see them. And the real dangerous situation was happening with this vehicle. This brandnew bmw with sam ong inside. He couldnt get out of his vehicle because there was so much water around him. He couldnt push the doors open so he actually
Hour. But first, headlines from my radio cohost carol massar. Intel forecasted First Quarter sales that may fall short of the estimates. Revenue will be in the range of 12. 3 billion and 13. 3 billion. American express posted First Quarter profit matching analyst estimate and net income doubled to 1. 3 million. Profit was one dollar 25 per share. The tmobile ceo has announced they will be hosting their own concert with musician macklemore wasryan lewis after he escorted out of a concert at ces. Withll be on january 23 tickets open for purchase. Plunging the most in more than nine years after the Chinese Government said they would investigate the maker of skin care and Nutritional Products following a chinese newspaper report that nu skin was a suspected illegal pyramid scheme. The ceo says that they are absolutely not a pyramid scheme and thats the quote. Those are your headlines this hour. Google, microsoft, facebook, those executives will be paying very close attention to president o
Recession. And whether you hit the stores yesterday or not, plenty of people are out this morning. If you are planning on waking up early for your black friday sales, youre late. Step et up. Shoppers are expected to spend an average of 650 this weekend. Thats 11 1 more than last year. We have the chief merchandising officer at toys r us. Then well be joined from Tysons Corner, a huge mall in virginia. Bobby kotick will be join onning us on air. Electronic items are expected to be a big seller this year especially with the launch of the xbox and the new play station consoles. Coming up in the next hour, we have Terry Lundgren. And at 8 40 this morning, the ceo of Brooks Brothers. We have a packed line upof guests ready to giving us a look at the American Consumer. We start with dana telsey this morning. We have heard a lot of stories about some expecting disappointment, some maybe not great retail numbers. But what do you really think is going to happen this Holiday Season . I think its