Proposal we just moved from reno down to here. Ive been in reno since 79. Washoe County School district is having a little bit of a problem of overcrowding and things like that, so theres some people on that side that are maybe we can get a little money from it down the road. Mauricio Marin Stadium Developers say the proposal would help generate about 13million dollars a year for education. The stadium bill has been passed in the senate. Now it heads to the assembly where 42 members will either give it the green light or say no thank you. As you can see behind me. There seems to be alot of support for the raiders. Their logo is popping up in a lot of places here in the capital. Sport director Chris Maathius joins me know on why some are rooting for the projectto help bring jobs. More jobs to vegas 3300 laborers for the stadium people going back to work. Move in. Forecast. tedd florendo staying unseasonably warm today with temps close to 90 through many neighborhoods this afternoon. Thi
If you look at the yen, to see how the markets are focusing up on all this, the dollar yen looks like its sitting at 101. 52. The nikkei up by about 2 on this. A lot of options that the bank of japan had. This is not one of the four major ones people were anticipating. A bit of a head scratcher. Jim can make make sense of it later on. I was listening to Worldwide Exchange driving in. Its a little wonky. Just trying to fix tenyear bond yields, but probably all about the yen. I dont know what to make of it. Heres the thing. This is the wall street journal saying yesterday stocks moved up based on it. The dow edged up as investors awaited policy decisions. The bank of japan is the big the bank of japan, for the hard core investors, this is the game. I will say, jim can clear some of this up, by not easing further, by not luring Interest Rates one more time, by saying they wont buy more in bonds, that may give our Federal Reserve room in terms of going ahead and pushing rates higher. Its b
Decision just hours away. Will they or wont they hike . The ceo of mylan takes the hot seat on capitol hill today where shell be grilled on the companys epipen price hikes. What to expect today and the highlights from yesterdays heated wells fargo hearing. Shares of fed ex higher after better than expected earnings and raising their guidance. Well take a look at what drove that quarter. First up, the bank of japan surprising the markets by introducing a zero rate target for its government 10year bonds in an effort to stoke inflation. The boj saying it will purchase bonds if yields begin to rise, lend money at a fixed rate if yields move much lower. That all comes ahead of the feds latest policy statement at 2 00 p. M. Eastern time. Fed chair Janet Yellens News Conference half an hour later. Yen had a run and then the narrative began maybe this is an admission theyve reached the logistical limits of accommodation. Look, i find them flailing. I just find them look, they surprised because