I am Erik Schatzker. Stephanie i am stephanie ruhle. Erik breaking news but last big piece of Economic Data before the jobs report, julie hyman is in the newsroom with the headlines for us. Julie the expectations were not very high going into the report, but the number is coming in that are than the estimates with a rise of. 2 . This is the fastest rise weve seen since last july, and we have seen this downtrend as of late, a drop of. 3 was what was estimated, however, there is a dark spot, and that is the revision. The month earlier revision for january, the number revised lower to. 7 drop from. 2 , so that may be a watch if you look at all things considered. The fact is we broke this losing streak and it might be viewed as a positive sign by economists and the market as well. Erik julie, thank you very much. Lets not forget the jobs report and special coverage here on Bloomberg Television. Stephanie and the top business stories of the morning. Firsttime claims for jobless defense have
Morning. Its heading east. The pilots will take turns flying day and night. If goes as plan the trip will end in mid june. Four u. S. Stops are planned. Here are the big stories today. Apple holding a major press event in san francisco. The Company Expected to offer details on the watch including a high end model that some say could cost as much as 10,000. Well talk more about apple and the entry into the dow in a few moments. A new survey finding the fed to raise rates in the second half of the year. 57 of those polled by the National Association of business economists say uncertainty over the Central Banks plan is no longer slowing the economic recovery. And in europe, its official. The ecb has begun the 66 million a month Bond Buying Program. Scotland Goldman Sachs argues that oil prices will reverse the recent gapes with wti. Likely dropping all the way down 240 a barrel in the near term. The main reason . Global crude inventories are beginning to increase again. We did see that st
Fido and friends. Were down to two dogs. Were thinking about it. Another German Shepherd . Possibly. When you get door stops or something you always get bookends. His and hers. So they can sit by the edge. Id like to get a brother. Of zara. Yeah what a dog. All right. Well talk a little bit about the Second Quarter. It begins today and the bulls are hoping it starts better than the First Quarter ended. It was a rough session yesterday down for the year by closing down about 200 points yesterday. This is the first down quarter in the last four for the dow. But they ended up. It was slightly higher. The nasdaq is on a nine quarter winning streak. Thats the longest winning streak ever going back to its inception in 1971. Check out the futures this morning and at this point they look like there are green arrows. S p futures up marginally and the nasdaq up by over 7 points. The stories, the big ones were watching today the deadline with the talks for iran have been extended by a day. Were s
Velshi and this is real money. This is real money and you are the most important part of the show so join our live conversation for the next half hour aj realmoney. In december Consumer Confidence surged close to where it stood before the government shownd in october. That episode of washington dysfunction helped to drop the conversation boards low in november. Consumer spending accounts for growth. In addition to a stronger job market and an incredible year for stocks Many Americans are feeling more confident and wealthier because of the rebound in home values. Home prices for 20 cities tracked by the s p case shiller index jumped compared to the year earlier. Thats the biggest jump in eight years. Thats a cautionary note. Cooling off just a bit. Prices rose just 2 10th of a percent. S ps David Blitzer said, we are living on borrowed time and the boom is fading. The question is kment where does the Real Estate Market go from here . Zillow forecast that u. S. Home prices will increase
In south dakota residents are allowed to return after a toxic train crash. One train was derailed and hit loaded with crude oil. And we still have a few hours left in 2013, but most of the world is in 2014. This is a live picture from london. Is this live . Did we get the timing right . Wow. Big ben, yeah, just at midnight. Hundreds of thousands of people gathered for spectacular fireworks display. Real money with David Shuster in for ali velshi is next. New confidence for the new year Consumer Sentiment is beginning to surge and the Housing Market is starting to cool off. Thats a good thing. We will explain. Plus have you heard about the online currency called bit coin. Why its not the only game in town. And the Corporate Cash that is now pooing into College Football bowl games. Who is making millions off the ncaa. Im David Shuster in for ali velshi. And this is real money. This is real money, and you are the most important part of the show. Join our live conversation on twitter aj re