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Too strong and the Unemployment Rate fell to 5. 4 . The lowest rate since 2008. The goldilocks report sent stocks soaring with job growth that many said was just good enough to hold off a Federal Reserve rate hike until the second half of the year. The Dow Jones Industrial inde week with a gain of 267 points to 18,191 and the nasdaq rooz 58 and the s p rose 28 points. Hampton pearson has more. Led by a boost in the Service Sector and construction and health care the jobs rebounded strongly in april, good news for president obama. Nearly the fastest pace in over a decade. March it turns out was worse than previously reported producing just 85,000 jobs. April, however, added nearly three times as many workers. On wall street a sigh of relief from leading eco ....
With overseas markets in focus, morningstars International Stock fund manager of the year will tell us which companies he thinks can ride out the storm and make money for you. All that and more tonight on nightly Business Report for friday, january 24th. Good evening, everyone. An ugly day for stocks on wall street and all around the world. The dow tumbled more than 300 points but stocks in europe and asia were down. The worries started yesterday as we reported on concerns about a slow down in chinas economy. Rolls royce in latin america and other countries big trading partners in china. Add to that lackluster corporate news. The dow fell 118 points. The nasdaq down 90 and the s p lost 38 points. Bob pisani has more on todays Market Action from the new york stock exchange. Reporter it was another tough day for the m ....
Good evening and welcome to kqed newsroom. Im thuy vu. In his state of the state speech this week, governor jerry brown praised the huge Budget Surplus but also expressed concern for californias longterm pension liabilities and the drought. And we must follow the ancient advice recounted in the book of genesis that joseph gave to the pharaoh put away your surplus. During the years of great play so that youll be ready for the lower years which is soon to follow. One of jerry browns critics is Neel Kashkari, a moderate republican who entered the race for governor this week. Im running for governor because i want every kid in california to get a quality education, and i want every californian to get a chance for a goodpaying job. And joining me now for analysis of the Political Landscape in california are carl marinucci ....
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