Tuesday, march 29th. Good evening. Welcome. The chair of the Federal Reserve meant what she said. The central bank will move carefully and cautiously when determining when to raise Interest Rates. Janet yellen cited a weak Global Economy. The dow gained 90 points. The highest close of the year. The nasdaq added 79 and the s p 500 rose 17. Miss yellens tone remains in sharp contrast to other fed officials who during the past week were more upbeat on the committee and said the time is near to hike. We have more on the fed chairs cautious sign. The question is being raised has the Federal Reserve retreated from the rate rising regime. Markets from gold to fixed income to stocks reacting that janet yellen laid out an out look for rates today. She suggested greater gradualism is warranted in raising rates and emphasized the risk from Global Economic weakness to the u. S. Economy. Developments abroad implied that meeting our objectives will likely require a somewhat lower path to the federal
Ncht this is nightly Business Report with Tyler Mathisen and sue herera. I consider it appropriate to the committee to proceed cautiously in adjusting policy. The chair has the floor. The Federal Reserve janet yellen in major speech tells investors and her feds colleagues to chill the hot talk about higher Interest Rates. Controlling the pain. The white house out lines new initiatives and new money to fight the growing epidemic of Prescription Drug abuse. Tax tips. Whether youre a newlywed or just retired, your finances are changing and so will your annual return to uncle sam. All that and more tonight on nightly Business Report for tuesday, march 29th. Good evening. Welcome. The chair of the Federal Reserve meant what she said. The central bank will move carefully and cautiously when determining when to raise Interest Rates. Janet yellen cited a weak Global Economy. The dow gained 90 points. The highest close of the year. The nasdaq added 79 and the s p 500 rose 17. Miss yellens tone
Less than two hours before kickoff. The reason . What german officials called concrete evidence of a plan to detonate a bomb in the stadium. Chancellor Angela Merkel and other german officials were to attend the game in Hanover Germany but had not yet arrived. Shortly before u. S. Markets closed for the day, officials said no explosive device had been found in the stadium. Some market watcher ans say that selloff is evidence investors are nervous as money flowed into the safety of bonds. In paris, the hunt for suspects continues. Authorities looking for one additional attacker, maybe a second as france continues a wave of strikes against the Islamic State in syria with the promise of more. Michelle carusocabrera reports tonight from paris. Reporter it is four days since is the attack on paris france and Salah Abdel Sam is still the most wanted man in europe. The 26yearold say French Police is directly connected to the attack that occurred on friday night. He rented a car found abandone
Netherlands had been cancel the less than two hours before kickoff. The reason . What german officials called concrete evidence of a plan to detonate a bomb in the stadium. Chancellor Angela Merkel and other german officials were to attend the game in Hanover Germany but had not yet arrived. Shortly before u. S. Markets closed for the day, officials said no explosive device had been found in the stadium. Some market watcher ans say that selloff is evidence investors are nervous as money flowed into the safety of bonds. In paris, the hunt for suspects continues. Authorities looking for one additional attacker, maybe a second as france continues a wave of strikes against the Islamic State in syria with the promise of more. Michelle carusocabrera reports tonight from paris. Reporter it is four days since is the attack on paris france and Salah Abdel Sam is still the most wanted man in europe. The 26yearold say French Police is directly connected to the attack that occurred on friday night
A small one, two cents a share, revenue more than doubled and the company saw a big uptick in user growth and here is what happened to the stock. Look at that chart. Up as much as 30 in after hours trading. Our Julia Boorstin spoke with the ceo and has a look at those results. Twitter shares soaring after hours as the companys results beat expectations across the board. Twitters users numbers are growing faster than expected. The Company Ended with 271 million monthly users from 255 million at the end of last quarter. The company benefitted from the world cup but in an exclusive interview the ceo said thats not all. It was a continuous set of growth across the quarter. It was no one moment or one time thing that affected the growth in users. It was the combination of product changes that we talked about over the course of the year that are starting to deliver the kind of results we wanted to see. When it asked if advertising revenue would double to catch up with facebook, he said he di