Positive open to close out what has been a volatile week plus, more phones, please apple reportedly increasing production of iphone 11 models by 10 the shares are rallying. Also capitalism as we know it, is it dead or how much wealth is too much surprising thoughts from marc benioff and Mark Zuckerberg today. 136 is a good number the Unemployment Rate down to 3. 5. Retail loses 11 k. Manufacturing loses 2 k. Government up 22 this is a number which says to me that the fed can still cut because the sector being stagnant is manufacturing. A lot of that is the fact that the dollar is so strong. It is very interesting, they talked about hey, listen, we have tariffs, dont worry, the dollar is strong and the chinese currency is weak, it makes up for it thats something we have to be thinking about we continue to lose because of the currency so that gives the fed reason ability to move. I dont like that it is all healthcare again reminds me of the old economy. It is also a lot of government wor
If they dont sell out, theyll give them away. The nbc washington app will be useful over the next few day. If you dont plan to visit the pope, use it. You can look for alerts on our news room to help stay aware of any significant events or problems that affect you. You and i are both going to be out in the field at different points while the pope is in the u. S. The app is going to be a great resource. All right. 4 31. This is a great resource for us. Chuck bell is going to tell us what kind of weather were going have. Yes, indeed. I wish i had better news for you. Hopefully we can get all the rain out of here before we have thousands and thousands of people standing outside for the popes visit. Outside on a sunday morning, a little rain. Parts of fauquier and culpeper, western fairfax, southern loudoun county, be on the ready for light raindrops this morning. Temperatures are in the low 60s, upper 50s. 63 at 7 00 a. M. 68 at noon. 69 at 4 00 this afternoon with offandon periods of lig
That times are slowing David Underwood others disagree. 321329 it sounds like a lot of 20 Million Dollars but out of a 7. 2 billion dollar budget its way less than half of a percent dave rhoeder no matter how you view it. Lawmakers will have to figure out how to spend it. By law governor branstad is required to make his budget decisions at the end of january. But will likely make it on january 12 th which is the second day of the have more time work on the budget. The states revenue next year . That number is deceiving. Even though the revenue growing. Its still 21 Million Dollars less than what was predicted president obama calls the legislation he signed this morning a christmas miracle. the president signed a bill that overhauls the no child left behind initiative. It was first approved back in 2002 during george w. Bushs presidency. But critics have argued for years that it gave too much power to washington in controlling state education policy. Teachers and parents have also argue
Channel 13s Jodi Whitworth is back from the revenue estimating conference. She joins us with more. Dan if youre not into numbers. This story may be hard to get excited about. But the state revenue is important to all iowans. The data released today will help governor branstad plan the upcoming budget its estimated the state will bring in about 7 point zero four billion dollars this fiscal year. That may seem a lot. But that number is nine Million Dollars less than originally estimated. The department of managements director says. Record yields and falling corn and Soybean Prices play a big part in this. But he says right now the numbers arent a huge concern 321329 it sounds like a lot of money when you talk about 10 , 20 Million Dollars but out of a 7. 2 billion dollar budget its way less than half of a percent on a good year. Revenue would grow by an average of 5 or 6 but estimates show revenue will grow by 4 percent in 2017. The growth is a little bit misleading. Because the overall