The worlds most recognizable index up te c of the Federal Reserve said the central bank plans to increase Interest Rates, but perhaps not as often. Janet yellen used the word gradual to describe the pace, a word which shes used before, but today, the lack f the tough talk was enough to send stoc the Dow Jones Industrial average advanced 123 points to 21,532. More on why investors liked what they heard. Three hours of testimony and down to onee markets were dubbish comment from janet yellen about Interest Rates. Because the rate is quite low by historical standards, the federal funds rate would not have to rise the that much further to get to a neutral policy stance. That comment had been echoed by the fed governor suggesting more than one key central banker embrace iing the idea that the rates. Raisi and the fed chair added that the next rate hike is contingent on the inflation data heading back dwa towards the feds 2 target. Policy is not on a preset course. Were watching this closely
Shields and dave brooks are here to analyze the weeks news, those are and its friday, mark shields and david brooks are here to analyze the weeks news. Those are just some of the stories were covering on tonights pbs newshour. Major funding for the pbs newshour has been provided by and with the ongoing support of these institutions and foundations. And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. The u. S. Economy turned in the weakest jobs growth in three years, last month. Todays Labor Department report showed a net gain of just 74,000 jobs in december. The Unemployment Rate did fall from 7, to 6. 7 , largely because many people gave up looking for a job. Paul solman will break down the numbers, right after the news summary. Wall street had a muted reaction to the jobs report. Dow jones industrial avg. Down the Dow Jones Industrial average was down slightly, losing 7 points to cl
And david brooks are here to analyze the weeks news. Those are just some of the stories were covering on tonights pbs newshour. Major funding for the pbs newshour has been provided by and with the ongoing support of these institutions and foundations. And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. The u. S. Economy turned in the weakest jobs growth in three years, last month. Todays Labor Department report showed a net gain of just 74,000 jobs in december. The Unemployment Rate did fall from 7, to 6. 7 , largely because many people gave up looking for a job. Paul solman will break down the numbers, right after the news summary. Wall street had a muted reaction to the jobs report. Dow jones industrial avg. Down the Dow Jones Industrial average was down slightly, losing 7 points to close at 16,437. 18. 48 at 4174. 67 the nasdaq rose 18 points to close at 4174. For the week, the dow
This is the cbs evening news with scott pelley. Pelley good evening. This is our western edition. Tens of millions of americans have become victims of the same thieves. Today target the second largest retailer in america revealed that the high Tech Security breach at its stores was far more extensive than it first announced last month. It could affect more than 100 million customers. As Wyatt Andrews tells us, it turns out the thieves struck twice. Reporter according to target, the same group of hackers that stole the 40 million credit card numbers also pulled off a second and much larger theft the personal information of up to 70 million customers, making it possible that some shoppers are the victims of both crimes. The stolen information includes names, addresses, phone numbers and, most important, email addresses a potential treasure trove for internet scam artists. Yaron samid runs bill guard. A Fraud Protection company. You can receive emails that will look like an email from tar
Jeffrey McIntyre passed away. This is the full obituary where you can share condolences and memories. Published in the Cumberland Times News on 2024-05-29.