Everybody gets a ribbon. A classic board game is getting a socialist makeover. Its friday, august 23rd and fbn a. M. Starts right now. Dont listen to a word i say. The screams all sound the same. The truth may bury this. Ship will carry our body safe to shore. Lauren. Cheryl welcome to fbn good morning. Im cheryl casone. Lauren good morning. Happy friday. Im lauren simonetti. Cheryl lets take a look at how your money is moving this morning as investors turn their you attention to fed chairman jay powell. Later this morning, jackson hole, 10 am eastern time. The. Laurenlauren weve seen the y. The 10 year is at 1. 64 right now. Cheryl as tensions in iran continue, but supply a big story here in this country. Its been an interesting week for oil, especially with the dollar so strong. Were actually about flat right now, up two cents. Lauren three months of protests in hong kong, more set for today and this weekend. Is that affecting the asian market . The hang seng gaining half of 1 , the
This is real money, you are the most important part of the show. Join in the live conversation by using the handles another sign today that americas job Market Recovery is gaining strength. In a report coming out every month the Payroll Company adp reported that the private sector in the United States added 238,000 net new jobs in december, the most in more than a year, and more than most economists expected. Now, Small Businesses led the charge, adding 108,000 position, the biggest increase since early 2012, the adp number prompted wall street economists to raise estimates for the governments tally of employment growth for december, including all government and private sector jobs, except those in agriculture. Economists had been predicting under 200,000 jobs were created in december. Back on december 18th, if you recall, after the federal reserves last meeting i told you that the rebound convinced the central bank to start pulling back on the bondbuying program. In the minutes releas
Nation of mali get more mention this week in the debate than all of japan, mexico, or europe . First, my take. The International Monetary funds latest World Economic outlook makes for gloomy roading. Growth projections have been revised downward almost everywhere, especially in europe and the big emerging markets like china. Yet when looking out over the next four years, coincidentally the next president ial term, the imf projects that the United States will be the strongest of the worlds rich economies. U. S. Growth is forecast to average 3 , much stronger than that was germany or france, at 1. 2 , or even canada at 2. 3 . Increasingly the evidence suggests that the United States has come out of the financial crisis of 2008 in better shape than its peers because of the actions of its government. Perhaps the most important cause of americas relative health is the federal reserve. Ben bernanke understood the depths of the problem early and responded energetically and creatively. The cle
Nation of mali get more mention this week in the Foreign Policy debate than all of japan, mexico, or europe . First, my take. The International Monetary funds latest World Economic outlook makes for gloomy reading. Growth projections have been revised downward almost everywhere, especially in europe and the big emerging markets like china. Yet when looking out over the next four years, coincidentally the next president ial term, the imf projects that the United States will be the strongest of the worlds rich economies. U. S. Growth is forecast to average 3 , much stronger than that was germany or france, at 1. 2 , or even canada at 2. 3 . Increasingly the evidence suggests that the United States has come out of the financial crisis of 2008 in better shape than its peers because of the actions of its government. Perhaps the most important cause of americas relative health is the federal reserve. Ben bernanke understood the depths of the problem early and responded energetically and crea
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