they were down yesterday on the weakness on the dollar. you can see this morning they re back up by 1.5%. wti sitting just below 39. u.s. crude stockpiles grew last week by 2.6 million barrels. that s less than the 3.3 million barrels analysts had expected. a couple big stories this morning. the economical dar. a lot going on. we re going to get an early read today on friday s job numbers. economists expecting an increase of 200,000 private sector jobs for march. following that data, chicago fed president charles evans is going to join us here on the set in a cnbc exclusive interview. also, an update on the fight between apple and the fbi. it ain t over yet. a california judge has officially vacated the order asking apple to assist the fbi in hacking into that iphone of the san bernardino terrorist. nbc now reporting an israeli company is the firm that provided the tool. the fbi now owns proprietary rights to the method used to get into that device. also reports out that th
economy. flexibility to accept individual gigs and the freedom to work on your own schedule. that s the promise of the on-demand apps like uber and postmates. others warn the sharing economy leaves workers without a safety net, benefits or employee protections. that s our cover story. if you have ever hailed an uber or lyft, rented out a room on airbnb or ordered a craft on etsy you participated in the gig economy. people getting paid for goods and services sold on a digital marketplace. more than 90 million people in the united states have bought something in this new sharing economy, and more than half that number, 45 million americans, have worked the gig economy. for most people it s a way to earn extra cash. up to 15 million americans say it is a major source of their income. we see the top 10% of our work force doing this full time. they re picking up two to three jobs a day. they are making upwards of $7,000, $8,000 a month. reporter: more than 70% of gig econo
yellen said that the central bank is in no rush to raise interest rates. and that powered a stock market rally around the globe continuing today. and resulted in the dow industrials gaining 83 points to 17716. the nasdaq added 22 and the s&p 500 rose nearly 9. the president of the chicago fed agrees with the fed chair. in an interview today, charles evans said a rate hike in april would be surprising. i think chair yellen laid out all the right issues, you know, coming out of december going into the march fomc, risk factors increased a bit, financial volatility, things settled down a bit. i think global risk is higher. the median is for two hikes this year. if the data come in the way we re expecting. if they come in stronger, everybody would adjust upwards. evans added the potentially moving in june that decision would be made on the basis of further improvement in the labor market but emphasized he didn t want to get ahead of himself. and there was more evidence tod
yellen said that the central bank is in no rush to raise interest rates. and that powered a stock market rally around the globe continuing today. and resulted in the dow industrials gaining 83 points to 17716. the nasdaq added 22 and the s&p 500 rose nearly 9. the president of the chicago fed agrees with the fed chair. in an interview today, charles evans said a rate hike in april would be surprising. i think chair yellen laid out all the right issues, you know, coming out of december going into the march fomc, risk factors increased a bit, financial volatility, things settled down a bit. i think global risk is higher. the median is for two hikes this year. if the data come in the way we re expecting. if they come in stronger, everybody would adjust upwards. evans added the potentially moving in june that decision would be made on the basis of further improvement in the labor market but emphasized he didn t want to get ahead of himself. and there was more evidence tod
bank is in no rush to raise interest rates. and that powered a stock market rally around the globe continuing today. and resulted in the dow industrials gaining 83 points to 17716. the nasdaq added 22 and the s&p 500 rose nearly 9. the president of the chicago fed agrees with the fed chair. in an interview today, charles evans said a rate hike in april would be surprising. i think chair yellen laid out all the right issues, you know, coming out of december going into the march fomc, risk factors increased a bit, financial volatility, things settled down a bit. i think global risk is higher. the median is for two hikes this year. if the data come in the way we re expecting. if they come in stronger, everybody would adjust upwards. evans added the potentially moving in june that decision would be made on the basis of further improvement in the labor market but emphasized he didn t want to get ahead of himself. and there was more evidence today the job market is strength