Tonight an undercover action the governor is urging operation got 8 more lawmakers to take on this issue this year. Additional drug dealers kron a historically the state of fours j r stone following the the state address is normally story for us he talked with used to earmark Important Police and experts who say issues and accomplishments but fatal drug overdoses are actually on the rise in the in his second state of the city and much of that is going state speeches governor gavin on in the tenderloin jr. Newsome spent his 42 minutelong address focusing solely on homelessness to they certainly are can in 2018 they were on the rise and disgrace that the richest they continued to rise in 20 state in the richest nation. 19 as well tonight i talk with succeeding across so many the woman who said its become so common overdoses that is sectors is falling so far that she now carries narc and with her. Behind to properly house, hell and humanely treat so many of its own people a met fan and an
It is time to heed the call of business leaders, labor leaders, faith leaders, and Law Enforcement and fix our broken immigration system as for the market trading could get tricky today. With an annoucement coming from the fed later today. Stocks made a turnaround yesterday ending a 3 day slide. The dow rallied 91 points, the nasdaq 14 and the s p 11 gold dropped 10 and oil revved up 1. 52. Herbalife is back in the spotlight. Shares fell 1. 50 yesterday on a report canadian regulators are probing allegations the company is operating a pyramid scheme as the company has rejected such claims. Winter woes hit the south. Hundreds of flights are cancelled. And some cities could come to a stand still during a deep freeze. Larry shover of sfg alternatives is on top of the Market Action for us today. Good morning larry we are on fed watch. What do you anticipate . I dont anticipate much of anything. I think its been well telegraphed that 10 billion a month of tapering and that theyre gonna be d
After ringing in the new year. The sudden flow of one hundred dollar bills is indicating a rise in fishy activity. And, bring on the breakout. Are the markets poised for a swing to the upside . First business starts now. Youre watching First Business financial news, analysis, and todays investment ideas. Good morning. Its wednesday, december 5th. Im angela miles. In todays first look standstill. Thats whats happening with the budget talks in washington, and its reflected on wall street. Stocks barely budged yesterday. Gold, however, was a major mover. What that tells traders is coming up in the show. Pandora hit a sour note with investors last night. Shares plunged after the Company Revealed a loss of Advertising Money as lawmakers fail to find harmony over averting the fiscal cliff. The brand new dreamliner is under review after making an Emergency Landing in new orleans due to a mechanical glitch. Larry shover of sfg alternatives joins us now on this wednesday for an early look at th
Department seeks 10 billion from bnp paribas over allegations it evaded u. S. Sanctions against iran and other countries. Southwest airlines is fined 200,000 for advertising cheap seats that did not exist. Forbes reports microsoft is working on a smartwatch that is also a heart monitor. And the la times reports former microsoft coceo steve balmer has offered to buy the la clippers for 1. 8 billion dollars. Trader bob iaccino of tethys partners steps in now for an early look at the market. Bob we are at the end of may. How is today likely to play out . Well well probably play out with a little bit of selling but that something you have to take with a grain of salt. Everybody knows the sell in may and go away phrase. It doesnt work in a bull market. If you track it historically and if everybody agrees were in a bull market which i dont see how you can at this point disagree with that it doesnt work. So sell in may and go way that will affect some people toward the end of the month, but y
In todays first look the jobs report out this morning could dominate the trading day. Its expected 185,000 jobs were added to payrolls in november. And the Unemployment Rate ticked down to 7. 2 from 7. 3 the stock market has been selling off into the report. The dow and s p dropped for the 5th session, yesterday. The market is having a small anxiety attack that decent job growth could cause the fed to taper its bond buying program. Gold lost 22 dollars. And oil edged up 16 cents pension tension in illinois. The governor has signed landmark legislation that includes cutting benefits to cover a 100 billlion deficit. Unions are planning a fight. And starbucks is out with a fancy shmancy metal gift card. That costs 450 dollars. It goes on sale at noon est today at gilt. Com. Only 1,000 are available. Tim mulholland of china America Capital joins us now from the Trading Floor hes getting set for the jobs number coming out today. Will we see jobs on the rise . Given the adp report, the gdp r