Test the markets resilience. Stocks have been melting up, trading near record levels, despite some of the recent upheaval and uncertainty. In the days ahead, a jampacked economic calendar, hearings on capitol hill, and elections in europe have the potential perhaps to reshape that landscap bob pisani takes a look at the road ahead for investors. On the surface, everything looks calm for the markets. Major stock indices at or near historic highs, bond levels at the lowest levels since the election last november. But two big events on thursday could be market movers. The British Elections, where its still not clear if last weekends attack at the London Bridge will send sentiments toward or against incumbent theresa may. James comey will testify before the Senate Intelligence committee how his agent sip assessed russias role in the november election. He will certainly be asked if President Trump asked him to end the probe of former National Security adviser of michael improving european e
Your money sooner. We have all that and more tonight on nightly Business Report for wednesday, march 12th. Good evening, everyone, and welcome. It is a simple equation. You work, you get paid. And if you get paid by the hour, you get paid overtime, time and a half for extra work you do. But its not always that simple. Today the white house announce add new initiative to boost overtime pay protections for millions of salaried workers who dont get paid for that extra work but should the government be involved in determining what managers and other private employees get paid . Hampton pearson has more on the controversial proposal. Reporter president obama wants the Labor Department to revamp regulations to require overtime pay for the millions of fast food supervisors and Convenience Store managers and others who routinely work 50 to 60 hours a week without getting overtime pay. Right now, if you make 455 a week, roughly 24,000 a year, your employer does not have to pay you overtime over
Whats being done to get you your money sooner. We have all that and more tonight on nightly Business Report for wednesday, march 12th. Good evening, everyone, and welcome. It is a simple equation. You work, you get paid. And if you get paid by the hour, you get paid overtime, time and a half for extra work you do. But its not always that simple. Today the white house announce add new initiative to boost overtime pay protections for millions of salaried workers who dont get paid for that extra work but should the government be involved in determining what managers and other private employees get paid . Hampton pearson has more on the controversial proposal. Reporter president obama wants the Labor Department to revamp regulations to require overtime pay for the millions of fast food supervisors and Convenience Store managers and others who routinely work 50 to 60 hours a week without getting overtime pay. Right now, if you make 455 a week, roughly 24,000 a year, your employer does not h
Your money sooner. We have all that and more tonight on nightly Business Report for wednesday, march 12th. Good evening, everyone, and welcome. It is a simple equation. You work, you get paid. And if you get paid by the hour, you get paid overtime, time and a half for extra work you do. But its not always that simple. Today the white house announce add new initiative to boost overtime pay protections for millions of salaried workers who dont get paid for that extra work but should the government be involved in determining what managers and other private employees get paid . Hampton pearson has more on the controversial proposal. Reporter president obama wants the Labor Department to revamp regulations to require overtime pay for the millions of fast food supervisors and Convenience Store managers and others who routinely work 50 to 60 hours a week without getting overtime pay. Right now, if you make 455 a week, roughly 24,000 a year, your employer does not have to pay you overtime over
At what used to be the home of kntv. There were some tense moments for firefighters, Debora Villalon has the story. Reporter two firefighters suffered minor burns and heat exhaustion here. Take a look here. Its just a charred ruin now. The two Story Building being fenced off. This was a difficult and dangerous fire fight with the possibility that people were trapped inside. We cant dell you whether or not there were people in there. We had a major collapse. Reporter firefighters had to pull out everyone though they knew Homeless People may have been inside. This is a big fire for us. Everything has been big about this fire since we showed up. Reporter this woman says about she and 30 other people lived in the building but she doesnt think a cooking fire got out of control. Like others who fled she says it was a good place to live. I had my own apartment. My little makeshift kitchen and all that. As the fire went to five alarms and sent choking smoke over it, people near by were afraid