News. All that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. Supporting social entrepreneurs and their solutions to the worlds most pressing problems skollfoundation. Org. The ford foundation. Working with visionaries on the frontlines of social change worldwide. And with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff the newest numbers out on the u. S. Economy today pointed in opposite directions. On the one hand, job creation in august was the slowest its been in five months. The Labor Department reported employers added a net of 173,000 workers. At the same time, the unemployment rate, based on a separate survey, fell to its best place since early 2008, 5. 1 . Well get some reaction and analysis, later in the program. T
The rallys sales. We only need a gain of about eight points for a new high. Were already up 60, and thats even off the highs of the day here, kelly. Thats right. So, were sitting at 17,120 on the dow. There are reverberations from yellens remarks, particularly in biotech, down today. That may speak all more to the strength were seeing across the Broader Market here. Obviously, keeping an eye on the big names involved in the mega deal you mentioned, we should note right off the bat, shares of fox are down almost 4 . Shares of time warner are surging today. Cnbc first to report that Rupert Murdochs 21st century fox is trying to buy the company, even though time warner is saying no. Murdoch is apparently pressing. We will speak with former universal chairman bob wright, who knows all the players involved here, about how this might play out. Will murdoch add to his empire . How much could it cost him when all is said and done . And does it make sense in this environment . Well talk to bob
Those are just some of the stories were covering on tonights pbs newshour. Major funding for the pbs newshour has been provided by at bae systems, our pride and dedication show in everything we do; from Electronics Systems to intelligence analysis and cyber operations; from combat vehicles and weapons to the maintenance and modernization of ships, aircraft, and critical infrastructure. Knowing our work makes a difference inspires us everyday. Thats bae systems. Thats inspired work. Ive been around long enough to recognize the people who are out there owning it. The ones getting involved, staying engaged. They are not afraid to question the path theyre on. Because the one question they never want to ask is, how did i end up here . I started schwab with those people. People who want to take ownership of their investments, like they do in every other aspect of their lives. And the william and flora hewlett foundation, helping people build immeasurably better lives. And with the ongoing su
Tonights pbs newshour. Major funding for the pbs newshour has been provided by at bae systems, our pride and dedication show in everything we do; from Electronics Systems to intelligence analysis and cyber operations; from combat vehicles and weapons to the maintenance and modernization of ships, aircraft, and critical infrastructure. Knowing our work makes a difference inspires us everyday. Thats bae systems. Thats inspired work. Ive been around long enough to recognize the people who are out there owning it. The ones getting involved, staying engaged. They are not afraid to question the path theyre on. Because the one question they never want to ask is, how did i end up here . I started schwab with those people. People who want to take ownership of their investments, like they do in every other aspect of their lives. And the william and flora hewlett foundation, helping people build immeasurably better lives. And with the ongoing pport of these institutions and. This program was made
Response to the surprisingly high november jobs are words. And the road ahead for the department of justice in a series of civil rights investigations. Now to our top story, and it is the november jobs report. It was the biggest burst of hiring in three years, and the latest sign the u. S. Is outperforming other economies route the developed world. Experts summed it up in one word wow. My reaction was wow. This is probably one of the best years since the 1990s. Say onemists always months numbers do not tell you anything, and that is true, but this was really a good number. The Labor Department also said that 44 thousand additional jobs were added. Gained this year, putting 2014 to be the strongest year for hiring since 1999. Two discussed the jobs report, im joined by diane swonk, chief economist from Mesirow Financial. Good to see you. Good to see you, too, mark. Were strongerrs than the most optimistic projections. Did they surprise you as well . Definitely. There are based gains in