The central bank raised the fixing rate less than anticipated. Tweeting for jobs. He may not be president yet, but donald trump is moving forward on creating jobs by tweeting about Companies Making things. Today, it is toyotas concern with mr. Trump threatening a border tax. That is what you need to know. Jonathan thank you. Todays job reports is julie hyman over in a d. C. Great to have you with us. What are we expecting . Julie let me run up to the numbers. Nonfarm payroll estimates 175,000. Dont applaud the Unemployment Rate is expected to pick back up by 0. 1 percent after a nineyear low in november. Average Hourly Earnings, 2. 8 gain is year after year year over year. 0. 3 . The three big headlight numbers we will be looking. ,lso key is Participation Rate which we have been watching, the Federal Reserve and economists and investors have been watching. It was 62. 7 . The fed in particular as pointed out on the bloomberg, the fed will be looking at the rate for folks between 25 and
Gradual slow motion integration. When way the chinese could retaliate is going after american openings. Erik ceos talk tech at the Consumer Electronics show. This is a year of dramatic change in industry structure. We have gone from Company Consolidation to industry consolidation. Erik that is all ahead on bloomberg best. Erik hello and welcome. I am erik schatzker. This is bloomberg best. Your weekly review of Business News and television from around the world. The week began quietly with most Global Markets closed for the new years holiday. The calm was disrupted on tuesday by a donald trump tweet. Donald trump criticized the automaker General Motors for building a version of the chevy cruz in mexico, saying make it in usa or pay a big border tax. Gm was not the only company under the cross hairs. Ford motors announced it will cancel plans to build a plant in mexico. Give us an idea of how global the manufacturing apparatus is for General Motors. The compact car trump was talking abo
Down the president. Americansler bows to first jobs policy. Looking positive out there, the absence of japanese trading, a Public Holiday they are, 30 minutes before the start of the session in hong kong and shanghai, the open in kuala lumpur, taipei, and singapore. Here is Sophie Kamaruddin. Sophie a number of markets coming online, checking that space. We are seeing continued gains on the asx and new zealand, and the kospi reversing gains made in the morning. Space,look at the data whats happening with Dollar Strength, resuming strength following the friday jobs report. Note, the yield of seven basis points friday. Bill gross is expecting a breakthrough to the 2. 6 level, pushing it into bear market territory, gross saying the treasuries are at an inflection point. Gold edging higher after falling in the wake of the u. S. Payroll data, gaining demand for alternative assets, and equities soft in. The robust case for u. S. Interest rates going higher could make bullion less appealing.
And he cant remember the last time a car went into the Alameda Creek and now it has happened twice in less than a week. Alameda creek is still roaring through niles canyon. Even though the rain has stopped. Around 5 00 this morning, a 27yearold man from patterson was driving to work on niles canyon road in his gold chevy cruz when he fell asleep at the wheel. When he woke up half way through a turn and overcorrected and ended up in the creek. He was able to break through his already damaged windshield. When he swam to shore, he received cuts from rocks. Someone called 911 and Good Samaritans stopped to help him until emergency crews arrived at the scene. He was taken to the hospital and is expected to be okay. This story could have been different. On saturday, jada jenkins crashed into the creek. Her car was found, but jada is still missing. Both cars ended up coming to rest in nearly the identical spot. But the conditions today had changed dramatically compared to saturday. On saturda
Reporter the search has forced both directions of highway 17 to be closed since midmorning. Traffic is being rerouted to side streets and thats creating a monumental backup whether youre traveling to santa cruz or san jose. The search for the suspect will continue indefinitely. As you can see behind me now, this is going to create a major traffic mess and right back there at black road and bear creek road, the traffic is being singlefiled onto side roads. You know that people in the Santa Cruz Mountains have already had to deal with these lane and road closures during the recent storms. Now they are doing one because of the suspects search. We will, of course, be on scene here to tell you when these lanes might reopen but that search, as they say, will go on indefinitely into the night if necessary. We are live near redwood estates, david louie, abc7 news. The con convicted killer of a richmond woman has been connected to women decades ago. Bob evans murdered a woman and her three daug