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January 7, 2016
In the u.s. we saw big drops rebounded back near those session lows. there are several factors contributing to those worries over global economic growth. overnight the peoples bank of china set the reference for its currency being at its lowest levels since 2011. its largest daily change since august. china has continued to devalue the yuan as concerns over slowing economic environment there continue. reuters reported that more devaluation could be coming setting the market back down in midday t...
January 7, 2016
When their markets tumbled more than 7%, triggering so-called circuit breakers. for the latest, joined by kate rogers at the stock exchange here in new york. kate, does the u.s. need the chinese marks to rebound before we see that number go back up. >> absolutely. its anyones guess. we can tell you stocks opened lower, global concerns bringing down the markets here in the u.s. all three major averages are down by more than 2%. the dow and the nasdaq traded in correction territory. several factor...
November 2, 2015
Hold at 5.1%. of course the stronger that number comes in, the more likely they think it will be that the fed will actually move to raise rates at its meeting in december. >> olivia, talk to me about chipotle. shares have been falling on this west coast outbreak of e. coli? >> shares are off their session lows, they were down at the open nearly 7%. theyre now down about 3% after an outbreak of e. coli was linked to the restaurant chain. as of friday there were three people in oregon, 19 people i...
September 28, 2015
37% believe theyre making things worth. half alf owl americans think immigrants are making crime and the economy woes but making food, music, and the arts better. european immigrants are viewed mostly positive, latin american and milled eastern immigrants are viewed mostly negative. the study says the bottom line is eight out of ten americans believe our immigration system either needs to be rebuilt or dramatically overhauled. >> trace, thank you. i fox urgent. songs urgent. theyre sinking in th...
August 24, 2015
They squeezed through a cat walk and climbed under ground pipes and eventually exit ed through manhole. richard matt was killed 20 days after the prison break and richard sweat was captured alive after 22 days on run. were keeping a close eye on wall street. stocks down again today but recovering from session lows. the dow was down as much as 1,000 points this morning. investors reacting to a global stock selloff amid fears that growth is slowing particularly in china, and joining me now from th...
January 31, 2014
Involved in this super bowl. but peyton manning has had such an extraordinary year. the seahawks can make big plays and their defense hangs in there. im rooting for the seahawks, but i think the broncos are going to win. how is that for politicking. theres a lot more coming up on "the ed show". stick around. the dow ends off session lows, down 149 points. the nasdaq loses 19. a slew of disappointing earnings from chevron and mattel. consumer index slipped this month as markets fell. thats it f...
June 20, 2013
The last hour of trade between sort of quarter to 3:00 and 3:00 on the new york stock exchange often accelerates what the pace has been. i would anticipate that selloff is going to continue. we are near session lows. the lowest so far was 338 points. the debate is out there, don, as to when this pace of, you know, bond buying is going to start to pull back. again, you know, and i emphasize this because i think it is so important. this is -- this is a slow pullback. they arent taking away all of ...
October 4, 2011
kerchers family is backing the prosecu prosecutors plan to appeal the case. they say justice would have been served if the jury followed the evidence, not the media hype. >> you cant forgive somebody if they havent admitted something, so what would they be forgiving. if as was decided yesterday they are innocent, then we say fair enough and all try and move on in that respect. >> a third person convicted in kerchers death in a separate trial is serving a 16 year sentence. knoxs haurs s...
September 23, 2011
of greeces bailout and concerns about slowing growth in china. china has been a very big engine of economic growth for the rest of the world while the u.s. has been taking a back seat and worrying about jobs here. all these major trends and factors are still in play here. also, moodys downgraded some of the greek banks. so, were still watching the banking system in europe. still watching the european wildcard and, again, weve been talking to traders and analysts who have been saying to...
September 2, 2011
first as we head here into the labor day weekend with a brutal report on the job market. basically, it has come to a grinding halt. the unemployment rate for august didnt budge an inch. here you have the number. it is still sitting at 9.1%. the net number here, thats the important part. the net number of jobs created in august. zero, none, goose egg. private employers did add 17,000 jobs last month. but do the math. government eliminated 17,000. so the net change is zero. this really i...