Jobs left our country. Large corporations changed their Business Models by exporting jobs to other countries and then shipping their goods back to the United States where theyd make massive profits and wouldnt be paying tax to us either. So we lost the jobs, lost the taxes, they closed the buildings, they closed the plants and factories. We got nothing but unemployment. We got nothing. Other businesses, even classic american brands, switched their headquarters to foreign countries. Because of this and other reasons like weak borders, america remains stuck in the past. Although i have to tell you, we have general kelly here today, and we stopped 78 going up to 80 on the border traffic coming through in just a short period of time. [cheers and applause] hes done some job. Whole different world out there right now. Today, we are still taxing our businesses at 35 , and its way more than that, and think of it, in some cases, way above 40 when you include state and local taxes in various sta
Has 53 in its sights. Tenyear yield approaching 1. 87, about threeweek high. Twitter is up almost l 11 after earnings last night. We veal that exclusive interview with Ceo Dick Costolo just a few moments from now. Our roadmap begins with the jobs number and the markets, the economy adding 257 in january, beating estimates, upward revisions for previous months and wage growth better than expected. Twitter despite disappointing user growth, the stock is up. Well have an interview with dick costolo on the result. Pandora, yelp all those stocks moving more than 10 in premarket action. The jobs number showing 257,000 nonfarm jobs added last month. Beating estimates for november and december revised upward by a combined 147,000. Januarys Unemployment Rate ticked higher to 5. 7, average Hourly Earnings jumped by 0. 5 brings it to 22 yearonyear. People will be talking about that, Participation Rate up. The threemonth job gain for the psa three months is the biggest in 17 years. How about that
What some experts say is the better way to build wealth. All that and more tonight on nightly Business Report for monday, december 8th. Good evening, everyone. A one, two, three punch today from energy te, technology and , burgers. Stocks fell as oil prices sank. We begin tonight with that dow component. Mcdonalds. The Worlds Largest restaurant chain reported a steeper than expected drop in global sales across all regions including a sharp decline in the u. S. Thats the sixth straight month of falling worldwide sales, and that, along with a strong dollar and supply issues in china, the company warned will hurt its Fourth Quarter earnings. The stock got fried, losing almost 4 , making it one of the worst performing stocks on the Dow Jones Industrial ave. So whats behind mcdonalds slump and what does the company have to do to get back on track . Sara eisen reports. Reporter the fast food giant reporting samestore sales falling much more than expected for the month, dropping more than 2 g
What some experts say is the better way to build wealth. All that and more tonight on nightly Business Report for monday, december 8th. Good evening, everyone. A one, two, three punch today from energy te, technology and , burgers. Stocks fell as oil prices sank. We begin tonight with that dow component. Mcdonalds. The Worlds Largest restaurant chain reported a steeper than expected drop in global sales across all regions including a sharp decline in the u. S. Thats the sixth straight month of falling worldwide sales, and that, along with a strong dollar and supply issues in china, the company warned will hurt its Fourth Quarter earnings. The stock got fried, losing almost 4 , making it one of the worst performing stocks on the Dow Jones Industrial ave. So whats behind mcdonalds slump and what does the company have to do to get back on track . Sara eisen reports. Reporter the fast food giant reporting samestore sales falling much more than expected for the month, dropping more than 2 g
What some experts say is the better way to build wealth. All that and more tonight on nightly Business Report for monday, december 8th. Good evening, everyone. A one, two, three punch today from energy te, technology and , burgers. Stocks fell as oil prices sank. We begin tonight with that dow component. Mcdonalds. The Worlds Largest restaurant chain reported a steeper than expected drop in global sales across all regions including a sharp decline in the u. S. Thats the sixth straight month of falling worldwide sales, and that, along with a strong dollar and supply issues in china, the company warned will hurt its Fourth Quarter earnings. The stock got fried, losing almost 4 , making it one of the worst performing stocks on the Dow Jones Industrial ave. So whats behind mcdonalds slump and what does the company have to do to get back on track . Sara eisen reports. Reporter the fast food giant reporting samestore sales falling much more than expected for the month, dropping more than 2 g