this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt suzanne: good evening, everyone. susie gharib is off tonight. the u.s. economy is creating jobs in a meaningful way and it s no april fools. tom, the march employment report was better than expected, capping off the strongest two months of hiring since the recession started. tom: suzanne, the labor market recovery finally appears to be gathering speed. the unemployment rate slipped to 8.8% last month. that two-year low came as more people stopped looking for work and were no longer counted as unemployed. employers added 216,000 new jobs to payrolls and the february number was revised higher. suzanne: it was the kind of labor news that wall street and main street have been waiting to hear for a long time. reporter: not one, but two straight months of solid job creation for the u.s. economy. the private sector did the heavy lifting in march a
this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt susie: good evening, everyone. stunning earnings from google tonight, up 38% and much better than expected. but it was a surprise, tom, that google shares sold off in after- hours trading. tom: susie, the stock fell as much as 4.5%. investors were disappointed google didn t beat the highest of the analyst expectations. online advertising is rebounding, but maybe just not as fast as some had hoped. susie: let s take a look at those first quarter results. google earned $6.76 a share, 16 cents more than estimates. net revenues also came in better than expected up 23%, topping $5 billion. joining us now to talk more about google, brian bolan, senior internet analyst at olympia capital markets. he joins us from the c.m.e. group in chicago. hi, brian. hi, susie, thanks for having me. you ve been very bullish on google. were you disappointed by
this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt susie: good evening, everyone. stunning earnings from google tonight, up 38% and much better than expected. but it was a surprise, tom, that google shares sold off in after- hours trading. tom: susie, the stock fell as much as 4.5%. investors were disappointed google didn t beat the highest of the analyst expectations. online advertising is rebounding, but maybe just not as fast as some had hoped. susie: let s take a look at those first quarter results. google earned $6.76 a share, 16 cents more than estimates. net revenues also came in better than expected up 23%, topping $5 billion. joining us now to talk more about google, brian bolan, senior internet analyst at olympia capital markets. he joins us from the c.m.e. group in chicago. hi, brian. hi, susie, thanks for having me. you ve been very bullish on google. were you disappointed by
this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt susie: good evening, everyone. stunning earnings from google tonight, up 38% and much better than expected. but it was a surprise, tom, that google shares sold off in after- hours trading. tom: susie, the stock fell as much as 4.5%. investors were disappointed google didn t beat the highest of the analyst expectations. online advertising is rebounding, but maybe just not as fast as some had hoped. susie: let s take a look at those first quarter results. google earned $6.76 a share, 16 cents more than estimates. net revenues also came in better than expected up 23%, topping $5 billion. joining us now to talk more about google, brian bolan, senior internet analyst at olympia capital markets. he joins us from the c.m.e. group in chicago. hi, brian. hi, susie, thanks for having me. you ve been very bullish on google. were you disappointed by
susie: ben bernanke tells lawmakers if the fed only regulates big banks, it s not getting the whole picture. it makes us essentially the too big to fail regulator, and we don t want that responsibility. we want to have a connection to main street as well as wall street. tom: former fed chairman paul volcker joined bernanke, calling a proposal to take small bank regulation away from the fed arbitrary. you re watching nightly business report for wednesday, march 17. this is nightly business report with susie gharib and tom hudson. nightly business report is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. susie: good evening, everyone. ben bernanke said today it s important for the federal reserve to regulate all banks, not just the big ones. tom, the fed chairman was on capitol hill testifying before lawmakers who are rewriting the nation s financial regulations. tom: susie, bernanke made a