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Setting up for pretty nasty open. At least if youre long at this point. Look at the tenyear. Thats become an important oh, its always important but its become perhaps important again to whats going on in terms of trading and the view of the overall equity markets rising to twoyear highs after weekly jobless claims fell to levels not seen since october of 07. Yes that is a good thing. In fact, you could argue thats even a good thing, too. Lets get to the road map. It starts with the major indices in the red. Investors wondering whether we were in taper territory as two dow components red on the...

My take is dont get too excited. Why . Because we just found out why weve been going up. Weve been going up, s p, people trying to figure out why. You have good employment. You have workforce growth and the hours not that great because of the weather, but i think you say to yourself, well, why is the s p going up every day . Oh, employment has gotten better and thats a major switch would it shock me if the market takes some profits in this . No, because its been going up on anticipation of something good and then we got the big enchilada good. I kind of like it. The s p has rallied the past te...

Of 666. It is in a book of record here along with other bits and bobs. Meanwhile, for bitcoin, bankruptcy hacking and an apparent suicide. Were tallying up the many headlines and problems to figure out what it means for the future of this Virtual Currency and others like it. Also, an cunlikely championf boosting the minimum wage. Its conservative multimillionaire ron unz. He wants to raise it all the way to 12 an hour. Whats really interesting are his reasons why. Ron will join us exclusively. You do not want to pass judgment on his idea until you hear him make his case. Coming up here on the...

Were still off 82 points. Its been a rough week across the board, especially for other indexes were not showing here. The russell 2000 having one of its worst weeks in some time. So, this all comes, of course, on the back of some selling weve already had this week. Its not just about the action today. The last hours going to be critical here to see whether we can stay off the lows of the day or if we head back to those lows. Theres the russell. Yeah, off 1 today. Meanwhile, lets look at some of the other markets. The nasdaq off 0. 6 . There it is. And 4,393 is the level, off 12 points. The dow...

Task force report estimates the city will need to spend 10 billion on roadways and transportation just to keep pace with the growth. We are going to be in for a world of hurt if we dont start aggressively investing in transit. Reporter are we looking at gridlock . Yes. Im already seeing it. On muni now, it has 2. 2 billion in unfunded deferred maintenance. Reporter the building goes on and on and on with the next big project being the planned Warriors Arena on the waterfront which is enjoying a growing support despite critic charges that its too big and will be a traffic nightmare. According t...