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Sales were robust last month. According to the latest government data, consumers spent more in april than expected and thats important because Consumer Spending is responsible for about twothirds of economic output. But it flies in the face of everything that weve heard this week from some of the nations biggest retailers who are struggling to attract shoppers and grow revenue. Jcpenney was the latest to report an unexpected sales drop and cut its gross margin guidance for the year. Steve liesman looks at the possible reasons behind the disc. Reporter a Strong National retail says report for a...

According to the latest government data, consumers spent more in april than expected and thats important because Consumer Spending is responsible for about twothirds of economic output. But it flies in the face of everything that weve heard this week from some of the nations biggest retailers who are struggling to attract shoppers and grow revenue. Jcpenney was the latest to report an unexpected sales drop and cut its gross margin guidance for the year. Steve liesman looks at the possible reasons behind the disc. Reporter a Strong National retail says report for april gave a major boost to the...

Court this past week in a case called vagara versus the state of california. The question before the court are childrens rights violated when tenure rules make it difficult to fire underper forming or even incompetent teachers. A judge said, yes, children were hurt. The evidence, he said, shocks the conscience. But the ruling was overturned on appeal, and monday the state Supreme Court refused to hear the case. What originally shocked the conscience went down in defeat. Two Young Students are sisters from the los angeles area. They werent alone in bringing the lawsuit. David welch is a Silicon...

He taught us a time line. Here we go. For our deaf viewers. Good morning. Yeah. Wait, there is more. We have names now. Im j. J. And im shawn. I have a big head. [ laughter ] very nice to see you. Welcome in. Happy friday. Im shawn tempesta. Im j. J. Scheider. Good morning, everybody. What are your weekend plans . Youre going to boston . Im going on a discount that i who cares . And im going to boston for 34 hours. Listen, this is kind of a last hurrah for you before the baby comes. Am i right . Hopefully he doesnt come early. My luck stinks. So it could very well have to turn around and come ...

Confusedvestors seem today by the jobs report. Around inuncing stocks and bonds and the dollar. Does it indeed push the likelihood of a rate hike further out . I want to zoom in on the dow in particular, leading the gains, up. 25 . Positive four or five times throughout the first half of the day. Before finally more definitively heading there about one hour ago. Points at one point, now up about 53. Dowtill have a lot of big yet to reportve their numbers. , weekoft and Intel Technology has been one of the themes. We have yet to hear from a lot of these companies in the dow when it comes to ear...