Fedticipation. Looking ahead to tomorrow and what people can expect. Valeant shares are down big this morning after disappointing results. And its mega tuesday with five major primaries taking place across the country. Well go live to one of the most important states hitting the polls today. First up, retail sales down 0. 1 last month, in line with expectations, january sales revised downward from 0. 2 to 0. 4 down. Producer price is down 0. 2 in february. Unchanged if you strip out food and energy. The data coming as fed policymakers are set to begin their twoday meeting today with the latest policy Statement Due tomorrow afternoon. That will be followed by Janet Yellens news conference. A big question is whether or not their statement reflects some firming of inflation. Ppi today relatively stable. I think things are tame. Obviously James Bullard was talking about oil going to 20, how he might have to revise his view. It went to 40 and has come back. The thing thats devastating is th
Which will determine the fate of the remaining two years of Barack Obamas presidency. We begin this news hour in nigeria where a string of attacks in nigeria has fears over the governments ability to deal with security and on monday a suicide bomber killed at least 29 shia muslims preparing to mark the holy day and more than 100 others injured and in central state gunmen blew up a prison reported to be holding many suspected boko haram fighters and 140 inmates were freed there. And a violent boko haram take over, a movie forced 10,000 people to flee to the capitol and we report from there. Reporter they come seeking safety. A resident of the town arrived in the capitol less than a week after the town was over run by boko haram fighters. Some on foot. Some by car. Hundreds made the 150 kilometer journey but hundreds are missing, lost in the cares of invasi invasion. This is by the mountain. Reporter and boko haram robbed the banks, burned down the main market and murdered teachers and t
And we will speak to the ceo of the risks in Space Tourism and im ali velshi and this is real money. As i told you we will keep an eye on those protests continuing across america tonight but let me tell you about news that happened today. One month ago voters sent democrats packing in congress in part because of discontent over the economy but november turned out to be a gang buster month for job creation and we learned 321,000 net new jobs were added to the economy, that is nearly 100,000 more than most economists had forecast. And up ward revisions which we get from september and october boosted this years total figure by an additional 44,000 new jobs. America has now added on average almost 241,000 net new jobs per month so far in 2014. Thats about where monthly gains should be for the job market to have room to grow. To take advantage of new workers who are coming in to the labor force. Unemployment, the unemployment number in november stayed put at 5. 8 . I tend not to like that n
The First Time Since 20126789 we dwin with markets marching higher, dow back in the green for the year despite headlines in europe. Retail america falters, walmart cuts, and the weak consumer is a concern for sales 37. Another year, another restructuring. Cisco cuts 16,000 jobs, 18,000 in the last two years, oh, and earnings beat as well. Stocks looking to post additional gains, one day after the rally in biotech stocks overshadows disappointing retail news. The nasdaq rose to the best day in nearly a month, and dow back in the green for the year, but germanys largest economy posting a. 2 contraction in the Second Quarter, results before the impact of the stiffer sanctions against russia, gdp flat, but germanys 28 of the eurozone, and thats going to hurt. Joining italy and france as the big three economies doing a whole lot of nothing. Theres a lot of dispute how much weakness the central bank, which i dont have weak cost, but how much is government policy, might be government policy i