Biggest ever. Data was accessed on 76 million households and a 7 million small businesses. Hong kong prodemocracy demonstrators under attack at two protest sites. Hundreds of men tussled with protesters and removed barricades. That is a live shot of what is going on. Leaders say they will cancel planned talks with the they. T unless this has not been seen in hong kong. President obama puts the spotlight on jobs. He is set to meet with steelworkers following his speech in chicago, where he called attention to the economic recovery in the u. S. , especially in manufacturing. Manufacturing has added more than 700,000 new jobs. It is growing twice as fast as the rest of the economy. They are looking at bringing jobs back from china. What will the report tell us about the economy . Fromng us is our reporter bloomberg news. Peter coy. Ring in he is the Bloomberg Economics at it economics editor. You say a fall in the jobless rate could be bad news. It could be. A it happens because there is
Looks set for a landslide victory in this weekends election. Uber waits to hear if one of its will be babbed as Global Expansion blocks hit a number of roadblocks. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. And we have had the iea oil market come out in the last couple of minutes. Some headlines from that, they said the selloff in oil gained pace after the opec meeting on november 27th after they decided to keep its output target unchanged. Of course, we knew that already. They say the outlook for Global Oil Demand pore 2014 has been cut by 50,000 barrels a day. Also saying the strong dollar and the listing of subsidies have so far limited price effects on demand. While in the last month or so, weve been focusing on the opec meeting citing weak demand and the strong u. S. Dollars as reasons for this oil price, overall, they say surge in nonopec supplies to its highest growth ever and a contraction to demand growth there is the reason
The head with a hammer. Heres the entire 9 second video. Grant here it is again. Chanting grant the guy in the bike helmet is pushing away people who may be trying to vandalize or look a buisness. You can see a man in a mask use a hammer to hit the man in the face. Grant the whole time. Others are chanting peaceful protests grant he was hospitalized. Hes expected to be okay. Kron fours teresiaom the storefront. That the victim was trying to help protect. Reporter getting into a fight with several other in front of the store and they were all the sutton and men and headed sweatshirts strikes the man and the helmet and he goes down. It is unclear from the video is if he has sustained major injuries such as a concern concussion. Slowing down the cell phone bill obtained by kron4 news you can see the attack quite clearly vandalism has definitely been profound. Grant berkeley Business Owners are still assessing the damage from the protests over the weekend. Grant slabs of plywood could be s
Two if by sea. Jane wells covering the problems out at the ports. She is live between the ports of l. A. And long beach, and, diana olich is on the land. Surf and turf here. Shes on the land in washington. Interest rates rising. Home Sales Numbers not. Diana, youre first. Well tyler, look spring housing is not getting off to the best start. Higher Interest Rates in a pitful supply of homes for sale are squeezing potential buyers. Now, Weekly Mortgage applications showed just how sensitive todays buyers are. Rates rose to their highest levels since early january. 30year fixed at 3. 93 . Its still under 4 . Even at that historically low level, applications to purchase a home dropped 7 for the week. They are barely 1 higher than one year ago. Rates moved even higher where heed. Does that mean real cash money . Well a borrower taking out a 200,000 mortgage today would have to pay just 42 more a month than they would have if they had bought on january 1st. Now, that might seem like chump ch
So were 15 points away from that or thereabouts. Sure. Getting close. Apple also hitting new highs. Its like a market of its own. We have the analyst who just hiked his price target on the stock to 150 and satisfiesys this company is on the way to a 1 trillion market company. In case you hadnt heard, the buzz is theyre working on a car now. That would be one of the new projects. Well look into that a little later. Lets show you how the markets are trading today. Hasnt been the most volatile session. A lot of eyes on the negotiations between the eu and greece on the debt negotiations. Something else we will talk about, but right now the dow is up 12 points. 22 points away from an alltime high. Do i have that right . Yes. The sn is p is up 1. 45 in record territory. Look at the nasdaq 5,000plus is the old alltime high set back in march of 2000 and, boy, are we getting cleser. These are the round level that is will get people talking, talking about the tech cycle this time whats different