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Today, dow falling 22 points. Nasdaq declining only fractionally and s p advancing 1. 3 , but the average is again masking genuine market turmoil underneath. You know what . Lets lift the hood, see whats underneath it. See what really happened today. First, understand that the big Money Managers who collectively decide the direction of our market with the buying and their selli selling. Sell, sell, sell. Have sold only one thing in the last two month, seen the Earnings Growth at a reasonable pri...

Heres the traffic getting out of San Francisco. The street leading to freeway jam with cars. The usual memorial day get away compounded bay giants game at the ballpark and big concert in oakland tonight. Another big problem is the construction on interstate 280 south. Sky 7 hd shows you the repairs going on. Crew cut a section of freeway out to repair some hinges within the concrete that was broken over time. And to do that repair work caltrans shut down south bound 280 all the way from king str...

And you will meet a woman who has turned her success into a lucrative business career. We will explain. First, lets get the headlines from carol massar. Alcoa reported Fourth Quarter profit that missed estimates. Shares falling by as much as 21 in late hours trading after casting a fourthquarter loss. And Stephen Cohen of sac capital was one of the biggest winners today. The firm is shutting down its Investment Advisory business after pleading guilty to securities fraud. The hedge fund owned alm...

Market. Its expected 200,000 people were added to payrolls and the Unemployment Rate will remain unchanged at 7 . The market was eerily quiet yesterday ahead of the jobs numbers. With the dow , nasdaq , s p gold and oil not straying far for the flat line. Alcoa had an earnings miss signaling what could become a rough start to earnings season. And are fortunes turning around for abercrombie and fitch . Hares jumped 15 last night in heavy volume after the retailer raised its outlook. Based on stro...

Likely to remain low. The blue chips rallied 181 points the nasdag 71 and the s p 20. Gold added 3 dollars and oil 79 cents. Shares of bed bath and beyond dropped 4 after the close as the retailer reported a 10 profit slip. A new filing shows jp morgan cut ceo jamie dimons pay to 11 million last year from 18 in 2012. Floridas orange crop will be the lowest in decades according to the Ag Department as a deadly greening bacteria infects trees. And northwestern starts the process of appealing the r...

Biggest snooze on the agenda, but not today, and not when it comes from the Federal Reserve meeting. Stocks went up from the meeting after the march meeting, bond prices rose, too. Why . Fairly simple. The minutes reaffirm the idea that the fed is in no hurry to raise Interest Rates. What is more, it was revealed today that new chair janet yellen was so concerned about finetuning the guidance that she called a Video Conference on march 4th to discuss the matter. The dow soured 81 points, the nas...

The first foreclosure auction of the year is luring big money investors. But what happens when they open the front door for the first time after buying the property sight unseen . We have all that and more tonight on nightly Business Report for this wednesday, january 8th. Good evening and welcome. Temperatures may be warming if only by a little, and the job market too seems to be heating up. Just two days ahead of a labor departments december jobs report, the payroll firm adp said a far better ...

And the Pittsburgh Pirates National League most valuable gives, Andrew Mccutchen us details about his own style hishow it helps him build own brand. All that and more over the next hour. Lets get headlines from carol massar. Thank you. The stocks rising sending dow jones to a record. 16,583. An internet and retail shares helped push the rise. Moving to the business, that parsons was named interim ceo of the clippers. The mba disclose the appointment of parsons. The first round of the national dr...

Biggest snooze on the agenda, but not today, and not when it comes from the Federal Reserve meeting. Stocks went up from the meeting after the march meeting, bond prices rose, too. Why . Fairly simple. The minutes reaffirm the idea that the fed is in no hurry to raise Interest Rates. What is more, it was revealed today that new chair janet yellen was so concerned about finetuning the guidance that she called a Video Conference on march 4th to discuss the matter. The dow soured 81 points, the nas...

S p dropped. 41. Nasdaq only fell. 15 . That sums up the week. Stocks suffered broad declines, and, of course, the reasons for the decline had nothing to do with anything that happened during the week. Heaven forbid it matters what companies are saying. Nothing at all. In fact, with the exception of the misleading fiasco that was jcpenney, we had a ton of good news including mergers breakups, surprises from companies as big and prominent as nike, which reported a fantastic number last night in p...