Page 6 - Retail Concept News Today : Breaking News, Live Updates & Top Stories | Vimarsana

On the money starts right now. Announcer this is on the money. Your money, your life, your future. Now, becky quick. For the first time in nearly a decade, the Federal Reserve bank is raising Interest Rates. Its not a big move and it was widely telegraphed, but its important, nonetheless. Well get to what it means for your money in just a moment. First, economics reporter Steve Liesman explains just how a fed rate hike works. Reporter it was the predawn of the modern age. Twitter didnt exist. There was neither iphone nor ipad. The year, 2006. It was the last time the Federal Reserve raised Int...

Your money in just a moment. First, economics reporter Steve Liesman explains just how a fed rate hike works. Reporter it was the predawn of the modern age. Twitter didnt exist. There was neither iphone nor ipad. The year, 2006. It was the last time the Federal Reserve raised Interest Rates. So its not embarrassing to ask, what exactly is a fed rate hike . The Federal Reserve controls outright only one Interest Rate in the economy. The one banks use to lend to each other overnight, or the fed funds rate. The prime rate is tied to the fed funds rate and many consumer loans and credit cards are ...

Looking luke this . You fake it. Business is booming for some. Well tell you who is making money and how, today on power lunch. Sue herera is out there week. Cnbc susan lee is here today. Welcome. Its great to be here. Its in my contract i dont anchor with anybody who is not named sue, susy or sue. So you made the cut. Thank flew we start with changes and problems in lending, a key driver of the american economy. Diana olick is reporting on changes in the market, but first phil lebeau on a big problem when it comes to borrows in the auto second ovmt. In the future when it comes to the auto ind...

Records. Dow 18,000 in the cards. The economy on pace for its strongest year of job creations since the 90s. Retail rift. Well see how deep the sales split goes. Starbucks new Retail Concept that has many investors buzzing about the business beyond coffee. First up in november, nonfarm payrolls up 321,000. That did beat forecasts of 230,000 september and october revised higher. Private sector added 314,000 jobs last month. Unemployment rate holds steady at 5. 8, average Hourly Earnings was maybe the star of the show. Thats the biggest since june 2013. You heard becky, joe and andrew talking ab...

Transcripts. Lets take roll call please. I will note for the record that director lee will not be present. With that director nuru. Present. Director reiskin. Here. Director sartipi might be late too. Director kim. Here. You have a quorum. Is there any old business today. Seeing none. We can move to the directors report. Happy holidays. I received some good news. We got a review of the train box grant of what they do annually on how were doing with the report and its a good report. I can share it with the board if they would like to see it. There are a number of best practices they will recomm...