Quarter. Surprising investors who were expecting a pick up following the weak start to the year. The Commerce Department reported a 1. 2 rise in gross domestic product. The broadest measure of goods an services produce nd the nation. Estimates were the for 2. 6 and dprout for the First Quarter was revised lower, raising questions about the pace of the 7yearold economic recovery and what the fed might do next. Steve liesman has our story. In the heat of summer, washington got a blast of cold economic air on the economy. The government reported tepid growth in the Second Quarter of 1. 2 , more than half of what economists expected. The report showed the prior two quarters were weaker than thought and it raised worries that the economy could be slowing down. Curiously, Consumer Spending did well with Business Investments that kept growth down. Consumer rs the economy. Thats the piece that matters. Thats flektive of strong payrolls and resilient wage, thats Companies Continue to give money
Expecting a pick up following the weak start to the year. The Commerce Department reported a 1. 2 rise in gross domestic product. The broadest measure of goods an services produce nd the nation. Estimates were the for 2. 6 and dprout for the First Quarter was revised lower, raising questions about the pace of the 7yearold economic recovery and what the fed might do next. Steve liesman has our story. In the heat of summer, washington got a blast of cold economic air on the economy. The government reported tepid growth in the Second Quarter of 1. 2 , more than half of what economists expected. The report showed the prior two quarters were weaker than thought and it raised worries that the economy could be slowing down. Curiously, Consumer Spending did well with Business Investments that kept growth down. Consumer rs the economy. Thats the piece that matters. Thats flektive of strong payrolls and resilient wage, thats Companies Continue to give money back to shar. Not willing to make that
At the end of the day. Take a look at nike, thats been a big help to the dow, popping after yesterdays stock splint, they told it about it after the bell. We will tell you why much of the streets still bullish after all of these moves. When the last time a Company Split their stock in it happened all the time in the 90s. It started to happen a little bit once we got that round after 2009, things started to come back. Apple obviously did it and there was another example of a company that was under pressure to increase its financial moves, return capital to shareholders, now nike following suit. A lot havent and the average price of the stock is higher than it has been historically. As the Hackers Group anonymous takes aim at isis in the wake of the paris terrorist attacks we have a former member of that organization, of anonymous joining us live to talk about whether the war on terror will be won over the internet and whether Silicon Valley should be sharing its information with the gov
But, kelly, you do have a very special lineup of guests coming up from vegas there, dont you . Oh, yes, we do. We are live here at the home depot Managers Meeting in the mandalay bay, where, yes, there is some betting on march madness also going on. But in the next hour here home depots new ceo will be with me exclusively for his first interview since taking the top job. Plus, a whole lot more. In fact, we have several ceo interviews. Well talk about the strong dollar. Were going to talk about Different Things in the consumer and in the gambling space right now. And we might find out what the value of my college ring is with Rick Harrison. I know you were wondering what to take. Youve got your college ring. Youre going to find out what Rick Harrison of pawn stars thinks of that. Wayne newton is also on todays program. Youre going with the full star board here. Ill just say Rick Harrison broke my heart and leave it at that, until we find out what happened this morning. By the way, we sh
CSPAN2 U July 30, 2012 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.