Noted when i came in here, a lot of them are talking about the fact that the prior month had been revised lower. The prior month which seemed like they were good news, in fact, were not as good as they seemed. They take these numbers with a grain of salt. The dow, nasdaq and s p are mixed today. The dow is up about one third of 1 . What is interesting, this will be our third wedding week in a row. They have not been dramatic moves, but last week was pretty slots. Jpmorgan and bank of america are some names on the dow that are holding on pretty nicely. The tech heavy nasdaq down one half of 1 . Adam a lot of people watching that jobs number. Thank you very much. Dennis according to todays jobs report, the Unemployment Rate is down to 7. 7 . The lowest level it has been to since 2007. 23 billion people are out of work or underemployed. Is this a Real Recovery . Michelle girard joins us now. Thank you for joining us. When you see people get excited about this number or the fact it is high
Today. If you are a recent College Graduate, there is a special line for you. Can catch up with us on all of your favorite social media. Happy memorial day weekend. I want to start off talking about commencement addresses. They are leading some of these papers in the last several days. Page of thefront Washington Post metro section on graduation at the naval academy. Defense secretary chuck hagel was the speaker. Sexual offense in the military. Storyw york times had a about Janet Yellens speech at nyu. There is a picture of the chairwoman of the Federal Reserve there. Abramson connection that was getting so much attention earlier this week. The Washington Post about her commencement address at Wake Forest University. We are asking you to call in. Message be tor the graduates of 2014 . Who would be your Commencement Speaker if you could pick . Some powerful quotes from governor Martin Omalley who spoke at the university of maryland. He had a jab at Climate Change deniers. Of the quote t
Coverage starts right now. This is ktvu mornings on 2. And good morning to you. Welcome to mornings on 2. Good morning. Lets get a quick look at the saturday forecast. Yes. Good morning. We have a fabulous weekend in store. The final weekend of spring, fathers day on the horizon. We have a view here over the oakland estuary, San Francisco in the backdrop. We have mostly sunny skies from the coast inland this morning. We will have a minor warm up come your way for the afternoon. The winds are on shore but very, very light. Fairfield in at eight miling an hour. No relief from the on shore breeze. The flow will be west and northwesterly for the afternoon today. Right now temperatures, 55 San Francisco, a chilly start for you Half Moon Bay but a beautiful start with mostly sunny skies, 48, 54 in hayward. 56 walnut creek. Antioch starting out the gate already. 68 at this hour. You will be in the upper 80s to low 90s for the second half of the dame a few patches of fog along the coastline. T
Lori nice rally underway. Good afternoon, everyone. I am lori rothman. Melissa i am melissa francis. It has been 1351 days since the senate last passed a budget despite the law. They must pass a budget every year. Lori speaking of cash, treasury, budget him a new is jack lu . A man who is likely to be dominated the next treasury secretary. Melissa it is no secret that Congress Even the cardassians. Lori cannot wait to hear the results of that. Lets check on the market. It has been 15 minutes since we last checked with Nicole Petallides. Nicole there are nice gains. We have come off of our earlier highs. Still, the Dow Jones Industrials up about 55 points here on wall street. The u. S. Dollar also with an up arrow. Commodities are pulling back. Lets take a look at herbalife. A name that has certainly been in the news since the middle of december. We sell the stock shooting up. This is an 8. 2 stake. What you see is that pushing the stock to really jumping. We will continue to follow thi
Doing a lot of buying, and i mean, a lot of buying. Apparently, a lot of other people were. I did my damage on black fired , neil. Cyber monday, as of this morning, we got fresh numbers. 840 million to spend online, including this cyber monday on track to be the Biggest Online shopping day in history. This comes on top of black friday and thanksgiving 7. 9 billion online. But the other trend emerging is mobile shopping. This morning, a record 53 visit to retailer sites came from mobile devices. Phones and tablets. Where are the deals can make television as always, at 25 today on average. Toys, and savings of percent, computers, 50 . A lot of people are now saying, what is the point of cyber monday . And the deals are comparable to what we saw over the weekend when so many of us, we did stand in line to shop online instead . This is where the experts say. Black friday whets the appetite. Youd start to compare price its in money when you get to work, you pull the trigger. Quite honestly,