Was temporary or a bit more. Its also the penultimate jobs report before the federal reserves next meeting in december, where many believe the central bank might raise Interest Rates. Hampton pearson takes a look at what to expect and where we stand. Reporter most of the economists and fed watchers are looking for a rebound in job growth in october. The Consensus Forecast calls for an increase of 180,000 jobs added to nonfarm payrolls, well above the average of just 139,000 for august and september. With headline Unemployment Holding steady at 5. 1 . Were expecting about 180. If it comes in anywhere north of 150, i think the market will still believe that they plan on tightening. Reporter its the first of two employment reports that will be on the desk of Monetary Policy makers when they meet in december. A meeting described this week by fed chair janet yellen as a live possibility for the first rate hike in nearly a decade. What the committee has been expecting is that the economy wil
Was temporary or a bit more. Its also the penultimate jobs report before the federal reserves next meeting in december, where many believe the central bank might raise Interest Rates. Hampton pearson takes a look at what to expect and where we stand. Reporter most of the economists and fed watchers are looking for a rebound in job growth in october. The Consensus Forecast calls for an increase of 180,000 jobs added to nonfarm payrolls, well above the average of just 139,000 for august and september. With headline Unemployment Holding steady at 5. 1 . Were expecting about 180. If it comes in anywhere north of 150, i think the market will still believe that they plan on tightening. Reporter its the first of two employment reports that will be on the desk of Monetary Policy makers when they meet in december. A meeting described this week by fed chair janet yellen as a live possibility for the first rate hike in nearly a decade. What the committee has been expecting is that the economy wil
Was temporary or a bit more. Its also the penultimate jobs report before the federal reserves next meeting in december, where many believe the central bank might raise Interest Rates. Hampton pearson takes a look at what to expect and where we stand. Reporter most of the economists and fed watchers are looking for a rebound in job growth in october. The Consensus Forecast calls for an increase of 180,000 jobs added to nonfarm payrolls, well above the average of just 139,000 for august and september. With headline Unemployment Holding steady at 5. 1 . Were expecting about 180. If it comes in anywhere north of 150, i think the market will still believe that they plan on tightening. Reporter its the first of two employment reports that will be on the desk of Monetary Policy makers when they meet in december. A meeting described this week by fed chair janet yellen as a live possibility for the first rate hike in nearly a decade. What the committee has been expecting is that the economy wil
Sentenced to 30 to 60 years in prison. And former Center County prosecutor, tony, was in the the courtroom on thursday. Clearly the judge today was not amused. Reporter he called judge clevelands direct order to kane, unorder, and under lines serious potential no matter how small of what is a at stake that would amount to prosectorial or judicial misconduct, and that is a much bigger deal then a simple leak. Reporter kane has until wednesday to provide the information to the judge, in writing, and her spokesperson tells me that she will comply, but what exactly the impact that may have on sanduskys appeal, remains to be seen. Reporting from bellefonte, Todd Quinones for cbs3 Eyewitness News. Turning now to the the weather, we went from a miserable wednesday to a pretty near perfect thursday. Along kelly drive, it almost looks like spring out there people jog nothing shorts and sleeve less shirts. Well, enjoy it while it last. Meteorologist kate bilo live on the sky deck with more now,
Bernardino was an act of terror. All three events, a changing of the Macro Economy and the fight against terrorism, will play out over the long term. All three weighed on investors minds today. By the close the Dow Jones Industrial average slid 252 points to 17,477. The nasdaq fell 85. The s p 500 dropped 29. Steve liesman takes a closer look at the events that kept investors on edge. Reporter concerns gripped markets today from two completely different sources. In frankfurt, germany the European Central bank announced a sweeping new round of easier monetary policies that nevertheless fell far short of market expectations. It strengthened the dollar, sent bond yields surging and weighed on stocks around the globe. And then in the early afternoon new details emerged about the horrific shootings in San Bernardino. Increasingly the event looks less domestic and more potentially international, with nbc reporting one of the suspects had been radicalized. Fed chair janet yellen was asked abo