This is americas number one Financial News program. On the money. Now maria bartiromo. Here is a look at whats making news. A surprising and sharp increase in the number of jobs created last month. Labor Department Says the economy added 204,000 jobs in the month of october well above expectations and in spite of the twoweek shutdown. Unemployment rose to 7. 3 and the numbers from previous months were revised upward. That set the markets higher on fridays open, one day of a triple digit loss for the dow industrials. The most eagerly waited ipo, the initial Public Offering since facebook started trading. Twitter soared to 45, a 70 increase from where the ipo was priced at 26 a share. All went smoothly at the new york stock exchange. A contrast to the problems facebook had on the nasdaq. Broadest measure of the size and strength of americas economy came in. It measured 2. 8 . That was well above the 2 expected. The best reading in two years. Gasoline prices have been tumbling. The averag
With the fiscal year set to expire on Sept. 30, time is running out for Congress to pass appropriations bills to fund the government through the new fiscal year.
This Week in Washington: House stalls on defense spending bill, but begins negotiations among Republicans on appropriations; Senate was expected to move forward on three appropriations.