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Steady as shery goes report. There was not a lot of weakening. There was an interesting anecdote that jumped out at me. In the new York District trucking analyst noted there is a shortage of Truck Drivers that firms do not have enough Pricing Power to raise wages. It gives you a microcosm of what the economy is healing with right now. A lack of workers were unable to raise wages because Consumer Spending still remain soft. David any signs of inflation of note . Not much. It was mostly described as it remains light. Not much of a pickup in inflation and hectic going forward. As mrs. Dealing with Pricing Power. Not much signal in terms of a shift. David thank you. We appreciate it. Now we will see how the markets ....
Open lower by 37 points. Nasdaq lower by 2. Goldman sachs holding a technology and Energy Conference today. Yahoo ceo and twitter ceo are expected to give keynote speeches later on today. In other media news nbc news announcing it is suspending Brian Williams for six months without pay effective immediately. He personally admitted he misrepresented events about coming under fire while flying in an helicopter during the iraq war. While on nbc news friday january 30th 2015 brian amissmisrepresented events that happened during the iraq war in 2013. Then it became clear that brian had done the same while telling that story in other venues. She added this was a very hard decision. Certainly there will be those that disagree but we believe this suspension is appropriate and proportionate action. Brian has jeopardized the trust millions of americans place in nbc news. His actions ....
After the bell as originally expected. Andrew has more on that. Okay. Thank you, becky. Ibm sending out an advisory that plans to release the results of their Third Quarter at 7 00 a. M. Eastern time. Well have details on what the announcement could be because the wall street journal says they will play global foundings to take its money losing chip business off of its hands. So the deal of sorts where nobody is buying something from them but they are paying to get rid of it. Ibm is talking to potential buyers, but buyers is the wrong term. Neither company is reporting on this, but well hear more about that in just an hour. No one is going to pay them for it . Exactly. That is not a good way to get rid of assets, right . Usually you want them to buy it from you. But this one is pretty interesting. And mark andreesse in is stepping down from ebays board of directors. He was central to the battle with karl ikan. He says its the right ....
but he warns that confidence remains fragile, in his words. in other news, richmond president says the decent that we saw in the last central bank s decision this week, because he thinks rates will need time to rise sometime next year in a statement posted on the richmond s web site, lacquer says the economy is expanding at a moderate pace. he was the only vote, you might recall, against that decision. in corporate news, apple s new ipad goes on sale today. the tablet has a sharper screen than most sophisticated television sets. but because of a bigger battery, it s heavier than some of its predecessors. some camped out to be the first to have this new device. others simply went to a walmart that was open all night. the ipad went on sale there at midnight. this is interesting. this is a new line of sales for apple. it s becoming and having these ipad sales there to have lines at the walmart as well. apple shares topping $600 during yesterday s trading session. they ....