Every month but this time around everybody is waiting for it. Thats because the first Interest Rate hike in nearly a decade is on the table. The Federal Reserve chair has repeatedly said that the central bank is dependent and job market is central to its decision. As Hampton Pearson reports, the day before the critical report we got additional clues as to the health of the labor market. Reporter one day before the all allimportant jobs report the number of americans filing firsttime unemployment claims rose to 270,000. Another sign the labor market is and at the same time a closely watched report in the private sector shows layoffs topped 105,000 last month, a fouryear high with more than half the cuts coming from the military. Last week the fed up graded its assessment of the job market describing employment gains as solid. A jobs report in line with the Consensus Forecast for 215,000 new jobs last month and the Unemployment Rate Holding Steady at 5. 3 could strengthen the hand of mar
Every month but this time around everybody is waiting for it. Thats because the first Interest Rate hike in nearly a decade is on the table. The Federal Reserve chair has repeatedly said that the central bank is dependent and job market is central to its decision. As Hampton Pearson reports, the day before the critical report we got additional clues as to the health of the labor market. Reporter one day before the all allimportant jobs report the number of americans filing firsttime unemployment claims rose to 270,000. Another sign the labor market is and at the same time a closely watched report in the private sector shows layoffs topped 105,000 last month, a fouryear high with more than half the cuts coming from the military. Last week the fed up graded its assessment of the job market describing employment gains as solid. A jobs report in line with the Consensus Forecast for 215,000 new jobs last month and the Unemployment Rate Holding Steady at 5. 3 could strengthen the hand of mar
Getting too expensive. Well, weve got a money manager who thinks theres still room to run. Hell make his case, coming up. And disney still one of the big dow winners this year so far. We will be live at the companys socalled d23 expo to look at how the force behind the Star Wars Franchise could affect that stock. Jane wells, who else but jane wells, is on site for us. Our own princess lea. And its the company the New York Post said provided something close to legal Insider Trading. The ceo of media radar, and you may remember his name, will tell us how his ad tracking software is now helping hedge funds. Im very excited to talk to him. I may have interviewed him back in the day. Would that we had the footage. Its a story, those of you who have been watching the market for a number of years will remember it. Its a great story. First, lets start with Jackie Deangelis at the nymex with these gasoline prices spiking in parse of the midwest despite this slide in crude oil. Weve been talking
Tapered as we kick off what is going on in the morning session here. Take a look at standby climbing for a third day as well in hong kong. Lets keep an eye on property stocks in hong kong. The hong kong dollarish extending gains for a Third Session as well. This morning we did get this weaker at six but 82. 5. Falling about a 10th of a percent in the wake of that. As we prepare for the final stretch of 2017, investors are anticipating a quieter and final quarter for chinese stocks. Officials keep a lid on volatility. This chart shows you that price to links tweaks have not been this quiet in 25 years. Bloomberg poll puts it at 3300 64 points by year end. That is a slight gain from where we are now. Very quiet on the chinese equity front there. Earlier we showed you what is happening with the debut, putting up the board to show you that stock. 60, 60 pitch k. 60, 60 pitch k. Seen as a risk for retailers, such as this. Last week the stock was upgraded to buy china merchants. E have 361 d
A ao year old man handed himself into police in bournemouth. Now on bbc news, all the latest Business News live from singapore. Facebooks revenues beat expectations. Now the Social Media Giant is promising to tackle violent content. And find out why this young entrepreneur says rick first is the best and the worst time of his day says it first. Good morning. Glad you could join us for this thursday edition of Asia Business report. The Social Media Giant facebook reported an 8 billion in quarterly revenues, fuelled by strong growth in its mobile advertising business. It says 1. 94 mobile advertising business. It says 1. 91; billion people are now using facebook and thats up 17 from one year ago. Facebook has given us a taste of what it might do with some of its earnings. The company promised to hire 3000 new people to monitor and remove violent content. Earlier i spoke to our north America Technology correspondent and asked what facebook hopes to gain from this move. One of the big clou