We got three reporters covering it all there. Phil lebeau on the cars and the crash tests. Housing, diana olick and the economy, steve leisman. But we do start with phil and these new crash tests on the ford f150. Give us more details, phil. Mandy this is a mixed review from the Insurance Institute for highway safety. Look at the crash test video. The good news for ford and for f150 owners they tested two versions of the truck, the super crew version which is the most popular version, all good ratings across the board. Extended cab, four good ratings but one acceptable citing injuries to the driver. Ford says it is making changes in the extended cab for 2016 to ensure that it passes all of the safety tests. But heres the negative news in this review by the iihs. It has to do with the cost of repairing the aluminum panels on the f150. They say those repair costs could be 26 more than the old repairs against a steel panel version. They say that repairing aluminum is timelier or takes mor
Experts weigh in breaking weigh in breaking news this morning said they appears to go to mass spraying a site to site this morning in an effort to control the spread of the disease and other cases reported this morning in miami. At night, the latest Insurance Company backing. Changes need to be made. What it means for hospitals in the u. S. Time warner set to the hoard its quarter ahead of the open this morning. The media giant to a decline in their hands in revenue a year earlier. Seen some pressure with futures indicate a loss of 30 points on the Dow Jones Industrial on the Dow Jones Industrial on the Dow Jones Industrial average. Stocks down seven out of the last eight days. Seven days in a row. The longest losing streak in nearly a year for stock prices. Your first look at arthritis government report. The adp report due out today. And europe, next miss. Folks earnings coming in. The ft 117 points. The dax up a fraction. A look at performance in asia and the nikkei average in japan
Dollar man Richard Madigan what hes putting to work in the Fourth Quarter. And a big hurricane heading to the east coast of the united states. It will certainly bring some rain to the ooebs coast over the next few days. First though, lets check in with mandy at the nyse. Hi. Hi there, tyler. It may be very wet and very sort of gloomy and gray out there on wall street but we have a mini rally going on. Stocks are definitely losing steam though. We might be up by triple digits on the dow, but were well off the highs of the day. We were up 248 appointments at the high. Now up by 110. As for the s p, its gaining by 16 points. The nasdaq also in the green. Lets get more with our good friend bob pisani back from laguna beach. Lucky you. A wonderful time out there. Come back to a hurricane. Is this a worry, sell into rallies mentality thats going on here . Or is there Something Else at play . We had great steam going into the european close and have lost it ever since. Lets look at the s p 50
Then, now i can move over here, there is sue, the it fed, decision time, one hour away and where does america stand on job creation . Its critical, obviously, to the fed and to the economy. Adp number out this morning, not so great. Lets check in with you at the nyse. Youre absolutely right, and we will get to that but we want to start, ty, with the fireworks on capitol hill as Kathleen Sebelius goes before the house energy and commerce committee. Bertha coombs is on the case on capitol hill. Over to you, bertha. Sue, the hearing lasting more than three and a half hours and members of congress usually a little more def ren shall to a cab meth member but they did hit secretary Kathleen Sebelius hard on a number of issues. She started out by apologizing and taking responsibility for the website nurse and its improving every day. Clearly there have not been enough but she said none of the contractors who said they raised red flags said the problems warranted delaying the october 1st rollo
The first foreclosure auction of the year is luring big money investors. But what happens when they open the front door for the first time after buying the property sight unseen . We have all that and more tonight on nightly Business Report for this wednesday, january 8th. Good evening and welcome. Temperatures may be warming if only by a little, and the job market too seems to be heating up. Just two days ahead of a labor departments december jobs report, the payroll firm adp said a far better than expected 238,000 private sector jobs were added in the month of december, the most in 13 months. Nearly 11 million americans, though, remain out of work. But the hopeful moves in the labor market were not lost on the Federal Reserve. And minutes from the Central Banks latest meetings show that part of the reason the fed decideded to start tapering its Stimulus Program is the improving employment picture. Steve liesman has more. The minutes of the Federal Reserves december meeting showing a