It seems like investors were bracing for a more hawkish fed. We got a fed that downplayed that the move would be imminently a rate hike. Also the shrinking of the Balance Sheets to ease pressure on money markets. Yet powell also signaled that while keeping the cuts on the table, they might not come so soon, especially given how he sees inflation in the country. Have a listen. In recent months, inflation has shown a lack of further progress toward over 2 objective and we remain highly attentive to inflation risks. Avril lack of progress on inflation, that is the highlight. Thats why perhaps we are not seeing that much convincing moves to the upside. The kospi is down. Nikkei futures pointing to a slight gain when markets return to the lunch break. The focus has really been on the hong kong stocks. Quite a rally. A well beating rally despite the crucial pillar of support today, mainland investors. Of course, china is shot. A lot of the upside we are seeing might be thanks to what investo
On tonights pbs newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. Supporting social entrepreneurs and their solutions to the worlds most pressing problems skollfoundation. Org. The lemelson foundation. Committed to improving lives through invention, in the u. S. And developing countries. On the web at lemelson. Org. Supported by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information at macfound. Org and with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff a former sports doctor pleaded guilty today to sexually assaulting seven girls when he worked for u. S. A. Gymnastics and Michigan State university. Three of Larry Nassars victims were under the age of 13 at the time. Some of
Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. Supporting social entrepreneurs and their solutions to the worlds most pressing problems skollfoundation. Org. The lemelson foundation. Committed to improving lives through invention, in the u. S. And developing countries. On the web at lemelson. Org. Supported by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information at macfound. Org and with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff a former sports doctor pleaded guilty today to sexually assaulting seven girls when he worked for u. S. A. Gymnastics and Michigan State university. Three of Larry Nassars victims were under the age of 13 at the time. Some of his accusers were in the c
Reporter the Union Representative said overtime is a yearround problem. In fact, he has employees regularly filing overtime grievances. Drivers say the job is stressful. See ya wants to make sure this celia wants to make sure this already challenging time of year doesnt put drivers in unsafe situations. If they are stressed and overworked, they need to call off and rest so their heads are straight and theyre driving safely on the street. Reporter ups said its drivers can expect to be on the hook for these 70 hour stretches from now through january 5th. Live in San Francisco, susie steimle, kpix5. Only on 5 complaints in santa rosa about a contractor doing cleanup from the devastating fires in october, kpix5s emily turner on claims of safety and environmental lapses. Emily . Reporter liz, the army corps of engineers has gotten about a half a dozen complaints on contractors for debris removal. The only one called out by name is ash brick. Last week there was a city meeting regarding debr
It could delay the dull government from running out of government tomorrow night. The vote to make that decision could come at any moment. The key holdup might be dreamers and immigration. Arizona is a key state in that discussion. Arizona congresswoman Martha Mcnally will be casting her vote but first she will join us exclusively ahead of it. Plus, reaction to the president s decision to move the American Embassy in israel from tel aviv to jerusalem coming fast and furious, and even violently in some areas. How does the controversial decision improve the chances of middle east peace and is saudi arabia really onboard . The israeli ambassador to the United Nations is with us alive. He will also tell us when the exact time is now supposed to be for the Un Security Council meeting. On wall street, markets moving higher but mostly tech and financials lead the way. The s p 500 is on the way to the first game in five days. We are less than an hour to the closing bell. Lets start countdown.