They called it the jewel city. It rose from the mud flats of San Franciscos waterfront. A cosmopolitan wonderland built to last just ten months. One of the only vestiges of this lost city is this building, the palace of fine arts. But in 1915 this was just one of many grand palaces that lined the avenues of a 635acre mini metropolis constructed to host the worlds fair in the area known today as the marina district. The fair drew some 19 Million People, mostly for the thrill of exploring displays and demonstrations that highlighted the progress of industry, technology, and culture over the centuries. If you pushed through the turnstiles, youd find yourself directly in front of a 435foottall stepped tower. 43 stories tall. Adorned with more than 100,000 colored jewels hung in such a way that they could move in the breezes, so the entire building sparkled day and night. The fair also called the panamapacific International Exposition to celebrate the completion of the panama canal was an o
And welcome. We begin tonight with records on wall street. Lots of them. And the woman who made them happen. Blue chip dow index, the s p 500, the small cap russell 2000 make new highs today. The nasdaq has its third highest close ever and it was all because of one person. The Federal Reserve chair janet yellin. In testimony today on capitol hill yellin didnt say too much about future rate hikes but didnt say too little. The markets interpreted as what she did say just enough to keep the door open for a later than mid Year Interest Rate ride. She made it clear the central bank will consider rate hikes on a meeting by meeting basis but she made no promises. With that the Dow Jones Industrial average closed in record territory with a gain of 92 points and 18,209. Nasdaq rose 7 points tenth straight gain there. Its strongest win streak since july 2009 and s p 500 up nearly 6. Yellins comments sent the yield on the tenyear bond back below 2 . Steve liesman with more on todays testimony. Re
We begin tonight with records on wall street. Lots of them. And the woman who made them happen. Blue chip dow index, the s p 500, the small cap russell 2000 make new highs today. The nasdaq has its third highest close ever and it was all because of one person. The Federal Reserve chair janet yellin. In testimony today on capitol hill yellin didnt say too much about future rate hikes but didnt say too little. The markets interpreted as what she did say just enough to keep the door open for a later than mid Year Interest Rate ride. She made it clear the central bank will consider rate hikes on a meeting by meeting basis but she made no promises. With that the Dow Jones Industrial average closed in record territory with a gain of 92 points and 18,209. Nasdaq rose 7 points tenth straight gain there. Its strongest win streak since july 2009 and s p 500 up nearly 6. Yellins comments sent the yield on the tenyear bond back below 2 . Steve liesman with more on todays testimony. Reporter in tes
On the lack of diversity in the Tech Industry. Joining me now to discuss the verdicts impact is fran meyer, the founder of match. Com and trustee. Fran meyer thanks for joining us. Thanks so much for having me. First of all the obvious question. Whats your reaction to this verdict . Somewhat surprised although i think everybody knew that discrimination cases like this could be complex and ellen was complex herself. But i think disappointed. As a woman or as someone in the Tech Industry . Why were you disappointed . From my point of view as a woman. I think it took a lot of courage to bring this case. I think it exposed a lot of issues that have been somewhat endemic not just to Venture Capital but with technology firms. And most women i know were really watching this because it was sort of our time in court. That being said, this has had the benefit of making us all talk about the issues. Well of course Kleiner Perkins dodged a bullet in a way. They did prevail. But im wondering if you
On the lack of diversity in the Tech Industry. Joining me now to discuss the verdicts impact is fran meyer, the founder of match. Com and trustee. Fran meyer thanks for joining us. Thanks so much for having me. First of all the obvious question. Whats your reaction to this verdict . Somewhat surprised although i think everybody knew that discrimination cases like this could be complex and ellen was complex herself. But i think disappointed. As a woman or as someone in the Tech Industry . Why were you disappointed . From my point of view as a woman. I think it took a lot of courage to bring this case. I think it exposed a lot of issues that have been somewhat endemic not just to Venture Capital but with technology firms. And most women i know were really watching this because it was sort of our time in court. That being said, this has had the benefit of making us all talk about the issues. Well of course Kleiner Perkins dodged a bullet in a way. They did prevail. But im wondering if you