Time in a decade and the markets seem to like the cluelessness. The dow rose to 17,751. The s p climbed 15. Steve has more on what the fed did and did not say. The Federal Reserve left Interest Rates unchanged as expected but whether it hinted at a rate hike to come in the next meeting. On the one hand it upgraded one part joblgs. But it left the second one, inflation, unchanged. The fed doesnt want to show its hand as did it in the 2013 paper tantrum. We dont want to see any volatility in the Financial Markets the fed. There were solid job gains, a step closer to its criteria of gains in the labor market. It also suggested a lower bar for hiking saying it will hike when it seem some further improvement. Not just improvement. I think the fed is acknowledging, it is improving. The economy is standing up on its own two feet more than it has in quite some time. This will cause the fed to raise rates. But the fed characterized inflation in virtually the same ways did it in june. As running
Time in a decade and the markets seem to like the cluelessness. The dow rose to 17,751. The s p climbed 15. Steve has more on what the fed did and did not say. The Federal Reserve left Interest Rates unchanged as expected but whether it hinted at a rate hike to come in the next meeting. On the one hand it upgraded one part joblgs. But it left the second one, inflation, unchanged. The fed doesnt want to show its hand as did it in the 2013 paper tantrum. We dont want to see any volatility in the Financial Markets the fed. There were solid job gains, a step closer to its criteria of gains in the labor market. It also suggested a lower bar for hiking saying it will hike when it seem some further improvement. Not just improvement. I think the fed is acknowledging, it is improving. The economy is standing up on its own two feet more than it has in quite some time. This will cause the fed to raise rates. But the fed characterized inflation in virtually the same ways did it in june. As running
August but straight to macys earnings out right now. Julie hyman has the latest. Are they in fashion . Julie stion mark get it . Julie i do get it but not so much. Low estimates at the extreme for cents, a drop in earnings yearoveryear and looks like sales are down by 1. 5 . Most of the analysts i had seen were looking for flat slightly down, so this could be a bigger drop then had been estimated. It also looks like if you look at the company on the sales basis, just a net sales basis, those numbers down 2. 6 at 6. 1 billion. That, too, is worse than estimated and the company decides weaker than expected Sales Performance in the first half. There have been activist involvement for macys coming from starboard capital, pushing the capital to spinoffs of real estate holdings, a similar thing to what we saw happen at sears. Acs has not done that but they are announcing today the sale of one of its properties in downtown brooklyn to tishman. This is something analysts have talked about, it
I certainly will not apologize for doing good journalism. Donald trump and fox news are on speaking terms again. The twitter war explodes. Donald trump is for obamacare. I really think hes a fake conservative. A white house aid charged with assault after she allegedly fired a gun at her boyfriend a u. S. Capital police officer. Two former Mississippi State University Students appear in federal court today, accused of trying to join isis. The epa is racing to contain that toxic spill in colorado, which the agency actually caused. They didnt tell us about it for 24 hours. So that is just unacceptable. A bizarre chase over los angeles. Police pursuing a motorized paraglider after he flew over a jail. Slams into one of the cars. Hes not going to need surgery. English bulldog apparently loves playing with cardboard boxes. Running into things. And all that matters. You are on your own amy. A florida morning news anchor just covered another story about the kardashian family. Like a tomato rig
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