Holiday. The president bushed hard for it last night and middleclass tax cut that would put 4,000 into the pockets of middleclass families. One more for you. The Justice Department is confronting 7 sanctuary cities, obey federal law or lose federal funds. Last chance. With all these policy statements, whats going on with your money . Stocks will open slightly lower. Lets not forget after hitting the 56th record on wednesday the dow is just 127 points away from 23,000. We say it every day, could you believe this . Varney company is about to begin. Stuart the news from Northern California is grim, the fire still rage through wine country. 23 now dead. 3,500 homes and businesses damaged and the fire has burned, now 170,000 acres, its a very human tragedy. The fires concentrated around the vineyards. Ashley, do we have any handle of the Wine Industry . Extremely difficult to figure out what damage has been done to wineries. Two things, theres the wineries and vineyards, five win ris, the b
Stock market got clocked at the opening because of weakness in japan. Its always somewhere there. We got a second straight drop in growth for a quarter and thats enough to trigger an official designation of a country in recession. Thats right, even after the japanese government pulled out all the stops, hasnt seemed to matter. Growth too hard to come by. By mid morning a wave of buying came in to take advantage of the decline. The dow closed up 13 points, the s p advanced. 07 but the nasdaq declin declined. I get the weakness. The ripple effects from japan or china, wherever else its come from where felt throughout europe where growth seems nonexistence and can only get worse. That weakness infected the overnight markets as the case for years and years and everything was drenched in red ink. The Early Morning selling is plain stupid because after the selling wave hits the scores, the positive situation that is unique to america and america alone in this world. First, unlike, say, japan
They cant find work and that is putting pressure on retailers. And know your options, when insurance wont cover your longterm care needs, what are the alternatives . Well tackle that as we wrap up the series how to navigate longterm care. That and more tonight on nightly Business Report for friday, august 2nd. Good evening everyone. American businesses werent it was supported to show 183,000 new jobs were added. It didnt. Only 162,000 people got jobs, the slowest month since march. The numbers for may and june were revised down. Hampton pearson takes a closer look behind the numbers. The reason why the jobless rate is lower and the troubling trends in the market. Economiests say factors with employers adding just 162,000 workers to payroll, and a downward division of 26,000 jobs from the government for the pref warehou previous two months. More part time highers are being hired tied to implementing obamacare and private sector defense contractors are feeling the impact. The last four m
The series how to navigate longterm care. That and more tonight on nightly Business Report for friday, august 2nd. Good evening everyone. American businesses werent hiring much in july. It was supported to show 183,000 new jobs were added. It didnt. Only 162,000 people got jobs, the slowest month since march. The numbers for may and june were revised down. Hampton pearson takes a closer look behind the numbers. The reason why the jobless rate is lower and the troubling trends in the market. Economiests say factors with employers adding just 162,000 workers to payroll, and a downward division of 26,000 jobs from the government for the pref warehou previous two months. More part time highers are being hired tied to implementing obamacare and private sector defense contractors are feeling the impact. The last four months, weve created 4. 2 part time jobs for every one fulltime job. That trend is not going in a good direction. That with the sequester and what you end up with is lower avera
The series how to navigate longterm care. That and more tonight on nightly Business Report for friday, august 2nd. Good evening everyone. American businesses werent hiring much in july. It was supported to show 183,000 new jobs were added. It didnt. Only 162,000 people got jobs, the slowest month since march. The numbers for may and june were revised down. Hampton pearson takes a closer look behind the numbers. The reason why the jobless rate is lower and the troubling trends in the market. Economiests say factors with employers adding just 162,000 workers to payroll, and a downward division of 26,000 jobs from the government for the pref warehou previous two months. More part time highers are being hired tied to implementing obamacare and private sector defense contractors are feeling the impact. The last four months, weve created 4. 2 part time jobs for every one fulltime job. That trend is not going in a good direction. That with the sequester and what you end up with is lower avera