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KQED Nightly Business Report October 16, 2015

Equal. Here are the numbers for thursday. The Dow Jones Industrial average rose 217 points. It finished at 17,141. Nasdaq notched an 87point gain. And the s p 500 was 29 points higher. As for that iffy Economic Data the Labor Department said its index of Consumer Prices fell a seasonally adjusted. 2 in september. Its not much, but its the biggest drop in eight months, and it leaves inflation well below the Central Banks 2 target. Now, the reason for the decline is primarily because of falling gasoline prices. And it is that drop in gasoline prices that caused millions of Older Americans to get some bad news. The federal government today made it official, that Social Security beneficiaries will not get an annual raise in benefits next year. Prices arent rising enough to justify one. And as Social Security benefits remain flat, nearly 1 3 of medicare recipients could be paying a lot more for their monthly premiums. Hampton pearson has the story. Reporter there will be no cost of living i

KQEH Nightly Business Report October 16, 2015

Equal. Here are the numbers for thursday. The Dow Jones Industrial average rose 217 points. It finished at 17,141. Nasdaq notched an 87point gain. And the s p 500 was 29 points higher. As for that iffy Economic Data the Labor Department said its index of Consumer Prices fell a seasonally adjusted. 2 in september. Its not much, but its the biggest drop in eight months, and it leaves inflation well below the Central Banks 2 target. Now, the reason for the decline is primarily because of falling gasoline prices. And it is that drop in gasoline prices that caused millions of Older Americans to get some bad news. The federal government today made it official, that Social Security beneficiaries will not get an annual raise in benefits next year. Prices arent rising enough to justify one. And as Social Security benefits remain flat, nearly 1 3 of medicare recipients could be paying a lot more for their monthly premiums. Hampton pearson has the story. Reporter there will be no cost of living i

KQED Nightly Business Report October 16, 2015

For stocks, all other news being equal. Here are the numbers for thursday. The Dow Jones Industrial average rose 217 points. It finished at 17,141. Nasdaq notched an 87point gain. And the s p 500 was 29 points higher. As for that iffy Economic Data the Labor Department said its index of Consumer Prices fell a seasonally adjusted. 2 in september. Its not much, but its the biggest drop in eight months, and it leaves inflation well below the Central Banks 2 target. Now, the reason for the decline is primarily because of falling gasoline prices. And it is that drop in gasoline prices that caused millions of Older Americans to get some bad news. The federal government today made it official, that Social Security beneficiaries will not get an annual raise in benefits next year. Prices arent rising enough to justify one. And as Social Security benefits remain flat, nearly 1 3 of medicare recipients could be paying a lot more for their monthly premiums. Hampton pearson has the story. Reporter

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