In the Energy Industry say the worst of the oil bust has passed. This is the report of Economic Conditions that policymakers are used at the next policy meeting, and a lot of talk from fed members that they might raise Interest Rates at that meeting at the end of the month and used as ammunition for both sides on that debate. Cheryl debates are going to happen now, peter barnes at the Federal Reserve and what the beige book says, i want to bring in andy bush with Asset Management ceo scott martin. Labor conditions tight, the fed has a dual mandate, Monetary Policy and the employment picture. That doesnt seem like they can make the case for a raise right now. It is an interesting word to use. When you have millions that left the eligible labor force and unemployment rates have fallen to 4. 9 you can call that tight. I would look at average hourly earnings, last month 0. 1 in a year over year basis roughly 2. 5 which is close to a multimonth high but not that hot to me so you are right.
Tom it is sunday night and we are 31 hours away from the first ballots being cast in the New Hampshire primary. Tonight, about half of likely Granite State voters tell us they have not made a decision. Shelley we have live commitment 2016 Team Coverage on where the candidates are on the issues and where they are on the campaign trail. Thanks for joining us at 5 00. I m jennifer vaughn. Tom and tom griffith i am tom griffith. New hampshire is expected to be hit with snow one more time before the hail holes open. Hayley it will likely be significant meaning we will have measurable snow starting tomorrow during the midday. The morning commute will not be an issue tomorrow. Travel midday on word would be problematic with the snow falling. Let me show you what is happening now. We had a beautiful sunday. More clear skies. To the south, there is a storm brewing. It is spinning off the coast of the carolinas. It is showing green on radar because it is over mild waters and in mild air. It will
Thought. Cdc issuing a new warning of zika virus. David putting state of new jersey on notice. State will lose out on hundreds of millions of dollars of taxes. We will talk to one lawmaker to prevent more people from leaving. We will take a look at tax reforms. Asia mostly higher, as you can see the weak spot there is china. Shanghai composite. Japan did better. In europe choppy session so far. Investors are waiting on earning season certainly to heat up. We have fractional moves this morning in european averages. Ftse really flat on the session. Take a look at what futures are indicating this morning. Dow jones industrial expected to open 50 points after volatile session yesterday. 100point gain by the close. With me fox business dagen mcdowell, the wall street journal Jon Hilsenrath and andy bush. Good to see you. Thanks. Maria stay with us. Former republican candidate Mike Huckabee coming up. Former ally james coming up and Nancy Reagans longest serving chief of staff bush and donal
Like this. Shanghai composite having another tough night. Sliding another 3 . Nikkei weak three quarters of one percent. Hang seng and kospi fractionally better. Facebook is the one to watch today. Socialmedia giant handily beat expectations last night. Revenue soared better than 50 in the Fourth Quarter from a year ago driven by mobile, the stock jumping in premarket. Take a look where facebook shares are. We are expecting a big move on the upside for facebook. More troubles, federal inspectors finding, quote, deficient practices at one of the companys Lab Facilities posing a threat to patients safety. Leader of malacia group that was occupying refuge now calling for holdouts to go home. Three people were arrested yesterday. At least five other left the refuge through fbi checkpoints. Now at least sis cases of this virus included in new york, Delta Airlines now joining united and american allowing to cancel to areas where its affected by outbreak. The last gop debate before mondays io
Billion due to serious improprieties and misrepresentations and disclosure failures that occurred prior to its purchase by Hewlett Packard. In other words, its fraud. After autonomys founder and ceo Michael Lynch was fired by meg whitman, sources close to the company tell me a Senior Executive from autonomy came forward with evidence of widespread accounting misrepresentations that occurred before it was bought by hp. Hp began an investigation and concluded that these accounting improprieties inflated the value by 5. 3 billion. The ceo then relied on audited financials when making a bid to buy the company. Those financials were audited but there were plenty of investors out there who questioned autonomys growth rate. Sources close to the company allege that autonomy pursued a number of avenues to make margins, growth rate and overall value appear far higher than it actually was. The company was selling computer hardware. Desk top computers, its a Software Company at a loss to supplemen