Of average. Take a look at what this is doing to the markets at this point. Well, you know, weve we came back yesterday. You can see we are looking for a slightly lower open as of now. European markets already in session. And on the closing end of their day you can see kind of a mixed session over there. This is where we may see the most move is in the tenyear note yield. You might expect of course the expectation the feds going to move now in june has fallen dramatically. Will it even be july. There it is, the yield now 1. 72 . Weve been sitting of course a good 10plus basis points higher than that until this number came out. Weighing on the may payrolls of course were job losses in construction, mining and manufacturing. Even without that verizon strike, payrolls would have only increased by 72,000. You may recall verizon had 34,000 employees on strike. The Unemployment Rate though fell to 4. 7 . Now, that is due in part to people dropping out of the labor force. Average Hourly Earni
Highpressure funneling in the cold and dry area. That is important as our advancing storm system begins to slide our way. Numerous tornadoes across parts of the gulf coast all day long. Rain changing over to his know in some very far southern locations tonight, louisiana, and into arkansas. This will eventually make a hard left turn into the Tennessee River valley and parts of the appellations. Look at the area that will be impacted. Blizzard watches and warnings across the midatlantic, all the way a back across mississippi, louisiana, and eastern arkansas tonight. Winter storm warnings for areas southeast of interstate 71. That has not changed since earlier this evening. This is where we expect the greatest impact in terms of travel and snowfall amounts. It includes the Greater Cincinnati metro area and Hamilton County. There will be lighter snowfall, so the impact will not be as severe. To night, here is a key ingredient. The actual storm center is lower than what we use computer mod
Top executives as part of the sanction violations. Economists forecast another month of solid gains for payroll. What will the jobs report really tell us. Mike mckee is with us. What are we looking for . What we want to see is some confirmation that the american expansion is gaining momentum. It doesnt necessarily mean that we need a strong headline jobs numbers. We will be happy if we reach a consensus. If we get there, it is the fourth consecutive month over 200,000. We have not had that since 1999. Jobs being that more available will attract more people into the labor force. That is going to happen. The reason unemployment plunged was one Million People left the labor force. Nobody thinks that is what is really happening. If that reverses, we will see unemployment rise. What will affect Interest Rates and the Federal Reserve is Janet Yellens dashboard. We want to look beyond these numbers. We went to see an increase in hours worked. More of the longterm unemployed and wage gains. Th
Good morning. Schatzker, Stephanie Ruhle is on assignment. She will be back on monday. We will begin with the newsfeed, the top business stories from around the world. Has few if any surprises. The u. S. Economy added 270,000 erasemore than enough to the desecrated by the financial crisis. Thanca now has more jobs prerecession. And limit remained steady at 6. 3 . Talksf america it is in with the government over Mortgage Backed securities. That will be used for relief to homers relief for homeowners. Benjamin lost he wants heads to roll. An insider says he is pushing to have the banks chief operating officer and others dismissed. This has to do with companies dealing with countries who are sanctioned. Authorities are looking for a 10 billion fine. To bring sunshine to the shady world of High Frequency trading. Proprietary traders who use computers would have to register, and operators would have to open there black boxes to regulators. Now, terry geithner. Curious to see what the respon
MIRAMAR BEACH, Fla. Arkansas Athletic Director Hunter Yurachek answered most questions Thursday about the impact of the House vs. NCAA settlement that all power conferences and the NCAA voted to accept last week with the same simple phrase: "It s too early to tell."