Well. Just yesterday right before the minutes came out, bullard said we should be considering beginning the tapering next month. Now he comes out and says youve got room before we begin to taper. Market goes down. Market goes up. Thats how it works. One week before thanksgiving, eight days before black friday, an exclusive retail reality check with William Sonoma ceo laura alber. The stock is off to the races after the company boosted its outlook. High end retail is doing well. Lower end might be another story. Very interesting developments for williamssonoma. Heres some suggestions. Return Christmas Gifts you dont need for extra cash. Sell unwanted possessions on craigslist or ebay. And my favorite. Break your food into smaller pieces to help you feel more full. Now, these are tips from mcdonalds employees on the Company Website called mcresource. This not a joke. Its not being made up. In fact, i didnt believe it when i saw it this morning. You said, is this legit . Our producers had
Country as a host of new surveys more americans see themselves slipping out of the middle class. With us, Jonathan Hoenig from capitalist pig asset management, fox news contributor. Rich lowery, National Review and sam chan done, economist with chandone economics. Sam, i start with you. 200,000 new nonfarm jobs created in the month. An Unemployment Rate that slips to 6. 6 . Do you agree with the consensus number or do you agree it would could be better . I think we could have number better than that. Weve had drag over job creation over past couple months because of bad weather. What that means, although weather isnt a negative issue for us in the march numbers, the march numbers might be inflated a little bit. If there was hiring that wasnt happening in january and february gerri so may be a head fake . Yeah. Gerri jonathan, what do you say . I know you follow these numbers very closely. What do you expect tomorrow . And even if we have something a little better than 200,000, is that
For the first time ever. We have a big show coming up. Huge ceo interviews coming up. Exclusive talks with United Airlines ceo, jeff smisek and hes announcing a 2 billion costcutting initiative at a time when passengers are calling for an upgrade to his fleet of planes. Also do you pontduponts ceo el. Join us for these two interviews coming up. Yet, more to do about bitcoins amid a second day of hearings on the Virtual Currency on capitol hill, wild fluctuations continue. Look at the action in the last few days. It hit 900, after you and i did that segment yesterday. This is not normal behavior for anything like an investment. If they want to call it that. Is it safe for anybody to put their money in bitcoins . We take a very hard look at that coming up in a little bit here. Also, lets take a look at the market. A lot of action even though the market isnt far where it began the day. Dow jones industrial average with a fractional move, four points at 15,980. Down 15 points on the nasdaq
Keep crying all day. Well get through this. A week from black friday, a double dose of retail reality today with two big retail ceos. Apparel companying ipo today, up better than 40 . The ceo jill granoff is here with us. They left money on the table. I tell you. And Brendan Hoffman will be with us, operating 260 department stores. Looking forward to both of these interviews. When is it time to cry uncle . Bill ackman is down 500 million on his herbalife short position. Hes not down yet. Well ask a top investor when you need to say enough is enough and admit you were wrong. In the markets, lets take a look at wherer with we stand. The Dow Jones Industrial average up 0. 25 . We have been trending higher. Sitting around the highs of the day. Nasdaq composite showing gains. Technology doing well with the nasdaq up 20 points. At 3990. The s p 500 looks like this. Gain on the session of 7. 5 on the standard poors. Joining us on closing bell exchange, ann, michael yoshikami, rich peterson, a
At least on the other hand, they dont want to be in a pitch battle for very long with the administration. How theyre going to approach this meeting, what theyre going to request from the white house, what the white house is going to give them, is all going to be fascinating to learn. Although i dont think well learn it today because the insurance executives pointedly declined to talk walking into the meeting. They avoided reporters. They have indicated that they dont plan to talk when they come out of the meeting. Well see if the substance of the exchanges makes any difference in that. But what the administration did yesterday, the executives complained, puts the blame on them for the cancellations of a lot of thooe these policies. The white house said it was okay if Insurance Commissioners and Insurance Companies extend some of these canceled policies. Not only to 2014 but into 2015. Of course, the many states and Many Companies dont want to do that. And the white house doesnt really