In washington outside the Federal Reserves headquarters, where today the fed decided to keep Interest Rates right where they are, near zero percent. The decision was anyones guess, right up to its release at 2 00 p. M. Eastern time. But this the end the central bank chair janet yellen said this was not the right time to raise rates which were last hiked in 2006. Even as key parts of the economy not only recover but also strengthen. So the guessing game continues with attention now turning to the feds meeting in october or december, or even into next year. We have more on the decision and what elt matly held the Federal Reserve back. Reporter one of the most highly anticipated Federal Reserve meetings in years ended with Monetary Policy makers deciding to keep Interest Rates at record lows due to concerns about a weak Global Economy, low inflation, and Financial Market jitters. In light of the developments that we have seen and the impacts on Financial Markets, we want to take a little
And im Tyler Mathisen here in washington outside the Federal Reserves headquarters, where today the fed decided to keep Interest Rates right where they are, near zero percent. The decision was anyones guess, right up to its release at 2 00 p. M. Eastern time. But this the end the central bank chair janet yellen said this was not the right time to raise rates which were last hiked in 2006. Even as key parts of the economy not only recover but also strengthen. So the guessing game continues with attention now turning to the feds meeting in october or december, or even into next year. We have more on the decision and what elt matly held the Federal Reserve back. Reporter one of the most highly anticipated Federal Reserve meetings in years ended with Monetary Policy makers deciding to keep Interest Rates at record lows due to concerns about a weak Global Economy, low inflation, and Financial Market jitters. In light of the developments that we have seen and the impacts on Financial Markets
Back. The Dow Jones Industrial average soared 320 points to 17,489. The nasdaq ros 79. And the s p 500 gained 33. And that optimism could extend into tomorrow after a trifecta of positive tech earnings from microsoft, amazon, and googles parent company, alphabet, were released late today. Lets start with alphabet. Starts with the letter a, after all. The Company Reported earnings per share of 7. 35, 14 cents better than expectations. Revenue also Beat Estimates and was 13 higher than last year. The company said the number of clicks on ads shown on its website grew more than 20 . It also announced a 5 billion buyback. That sent shares higher in initial afterhours trading. With the new Corporate Structure, shareholders may be in for some bigger changes when the Company Releases its next earnings report. And as josh lipton reports, it could bolster the case for the alphabet bulls. Reporter when google cofounder larry page explained why he created alphabet, he said one reason was to build
The Dow Jones Industrial average soared 320 points to 17,489. The nasdaq rose 79. And the s p 500 gained 33. And that optimism could extend into tomorrow after a trifecta of positive tech earnings from microsoft, amazon, and googles parent company, alphabet, were released late today. Lets start with alphabet. Starts with the letter a, after all. The Company Reported earnings per share of 7. 35, 14 cents better than expectations. Revenue also Beat Estimates and was 13 higher than last year. The company said the number of clicks on ads shown on its website grew more than 20 . It also announced a 5 billion buyback. That sent shares higher in initial afterhours trading. With the new Corporate Structure, shareholders may be in for some bigger changes when the Company Releases its next earnings report. And as josh lipton reports, it could bolster the case for the alphabet bulls. Reporter when google cofounder larry page explained why he created alphabet, he said one reason was to build a cle
The Dow Jones Industrial average soared 320 points to 17,489. The nasdaq rose 79. And the s p 500 gained 33. And that optimism could extend into tomorrow after a trifecta of positive tech earnings from microsoft, amazon, and googles parent company, alphabet, were released late today. Lets start with alphabet. Starts with the letter a, after all. The Company Reported earnings per share of 7. 35, 14 cents better than expectations. Revenue also Beat Estimates and was 13 higher than last year. The company said the number of clicks on ads shown on its website grew more than 20 . It also announced a 5 billion buyback. That sent shares higher in initial afterhours trading. With the new Corporate Structure, shareholders may be in for some bigger changes when the Company Releases its next earnings report. And as josh lipton reports, it could bolster the case for the alphabet bulls. Reporter when google cofounder larry page explained why he created alphabet, he said one reason was to build a cle