from you diana washington what are my joy division was about but that's the view in this city when it comes to rice or livestock the mood is less optimistic firmer francesco packy is struggling with cheap produce from asia his view of this state of the italian economy and agriculture is far less rosy than in the financial center milan. because of that i'm not all that i am or we struggle with high wages in italy. and in addition we have a bloated bureaucracy that we have to obey that makes our lives very difficult that sort of. problems that have been around for quite some time but now the country's new populist government plans to significantly boost public spending and is set on a collision course with the e.u. to put it in general that went out the same to the politicians are always promising the great things in coming up with great solutions to problems but they're ultimately unrealistic or only partially applicable because in part of that. i don't think they'll go too far and they're making a lot of noise but just enough to get people's attention. with over sixty governments sinc

for "nightly business report," i' diana olick, washington. >>> let's turn to john najarian to talk about what's happening. you've been trading this market for a long time. >> yes. >> and this volatility started in early october and it just continues what's this marked telling you right now? >> well, the market's more nervous now, bill, about the impact of the tariffs that vice president pence was talking about. >> right. >> and he kind of puld a little bit of a page from navar navarro's playbook talking very, very tough about, hey, this is a longad it might take years. and the market really didn't want to hear that. so that's why boeing and in rticular caterpillar were hit on that. >> do you get the sense though that the turn that we've seen in the market, specifically as it relates to technology, is a longer term turn or is this just a blip based on the rhetoric? >> i think tech, sue, is going to be a shorter term turn to the down side. i think algorithmnd traders things like that have hit things very quickly because they move faster than humaneings can and a lot of those big cap stocks

diana olick in >>washington. time to look at upgrades and downgrades. we begin with shares of you know yn pacific upgraded to buy from hold at deutsche bank. the analyst expect the railroadt operator to m o post the at least $3 billion in profit improvements.rg price now $-175. the shares rose 3% to 151.9. whil pool is downgraded to neutral from outperform at credit suisse with the analyst says the pipelineses appears to be reflected in the stock price already. the price target oow $125. whil shares rose though along with the rest of the market to 126.22. and american airlines was p giv anitive rating in new coverage at one analyst saying the airline has strength in the overall rket. price target, 47. shares rose more than 1.5% to 38.94. >>> still ahead a 1-2 punch for the nation's soybean farmers. >>> investigators are now looking at possible maintenance mistakes that may ve played a role in that fatal lion air jet crash last month. initial findings point to possible errors by mechanics working upon a malfunctioning nsor just before the floit. the repo

for nightly business, diana olick in washington. >>> zarkkerberg is staying put. during an interview last nigi with l segal on cnn's. c 360. the ceo defended his c swt calledhe the c.o.o. an important part of the company and plans to keep his chairman role. >> you were not spping down as chairman? >> that's not the plan. >> that's not the plan. would anythin change that? >>an i if -- eventually over time not doing this forever. but i certainly -- i'm not currently thinking that that makes. >> zuckerberg also reiterated points he made in the past. he aapologized for many missteps that plagued his company, prominently russians using facebook to meddle in the 2016 election. >> coming up, happy travels. >>> the who will kay treat for those flyin on thanksgiving weekend. few delays and a smooth travel experience. i'm phil lebeau in chicago. that story comg up on nightly business report. >>> following the arrest of nissan chairman carlos ghosn. questions have arisen about what might happen to the alliance he built between renault, nissan and mitsubishi. sheri kang is in

for nightly business report, diana olick in washington. >> let's turn to susan wachter to talk about whether it's a good investment. she is a professor of finance at the pennsylvania school of business. thank you for joining us tonight. >> pleasure to be here. >> your short answer is yes. it's still a good investment, right? >> it's still a good investment if it's notes an ient. if you plan to move to stay, it's aen protection against hikes and price hikes. and despite the fact that the market is slowing, we are still seeing rent and price hikes. >> but whorere is w come from. it's not so much a business idea as it is a philosophicalne. omers and gen xors it's part of the dream. millennials are. dit they're more inclined to be mobile. they like to rent rathethan buy. i know i'm generalizing but that's been the scouting report generation. how does that affect this housing market do you think? >> well, millennials have been slow to buy, absolutely. but their aspirngss are to they want to be home owners. they have been mobile. they e not as mobile as would like to be. but they want to b

can be lucrative but if you are looking to flip a home right now, that may not be true diana olynyk is in washingtonwe were talking about this when we were together. >> reporter: always talking about it >> that lo bore shortage has some flippers fleeing. the number of gnomes e homes flipped, defined as a same bought and sold in a 12-month fell 18% naturally with 2017 now, in california, where prices are highest, the number of flips was down a steeper 22% a contractor has been flipping homes in the los angeles area for 30 years usually selfer with year, this year just with un. >> it's not only becoming more expensive on the purchase side of flipping, but it's becoming more expensive on the fix-up side of flipping. >> reporter: because of the labor shortage and increased material costs flipping fem to the lowest level in nearly seven years. it is also taking much longer to sell a flipped home. now an average 186 days. that's the longest since june of 2006 flippers have a lot to choose from, older homeowners are now staying put because it's so expensive to move. >> we talk a lot about rising input cost

plenty of artist will be rocking around it today including diana ross, tony bennett and john legend. also happening today, washington will be celebrating a christmas tree lighting in presidents park for the 96th year. the president and first lady will mark the occasion as well as other members of the first family. >>> heads up, coffee lovers. starting today starbucks is giving you the chance to get free drinks and food for the next 30 years. >> sounds good. it's all part of the starbucks for life contest. here's how it works. go to their website and earn points by making purchases with a card or app. then each play gets you a game piece or an instant win. if you get three-game pieces in a row, you win a prize like free starbucks for 30 years or at least a month. it ends on december 31st. good luck. we need the coffee. >> for 30 years? that's a lot of money you can save, right? >> that's cool. >> basically a cup of latte costs 5 bucks so do the math. >> i can't. you know i can't do math. >> 365 -- yeah, who knows. a lot of money. let's go to traffic. >>> we are monitoring a crash in fairfield westbound 80 past -- bou

is that weakening housing demand diana olick will join us from washington with the details. >> reporter the chairman of dr horton in the earnings release this morning. higher home prices and rising rates have impacted affordability and moderated demand for homes that is clearly behind the drop in consumer sentiment in housing. it hit the lowest level in a year in october. that according to a monthly survey from fanny may. attitudes towards buying and selling weakened despite strong confidence in the economy. potential buyers today are worried about rising rates and worried that home prices are so hot they have nowhere to go but down, so buying today may not be the best investment, at least in the short-term now, it's ironic because for the past few years, rising home values have made owning a home incredibly lucrative, and current homeowners are more cash rich today than ever before. more than a quarter of all properties with a mortgage are equity rich. that is the home is worth at least twice the amount of the mortgage that's the most since adam data solutions started track thg in 2013

washington bas on his record. we saw president obama try to tear apart the same record in diana and illinois telling voters that this election is c about tracter of the country. it's also about numbers. our l nbc wreet journal poll showing democrats with a seven point edge going into election day and the president's job approval ratings are still upside down. >> thank you very much. >> news 4s your go-to source for information about voting. >> you can find your polling place and if you to bring anything with you before you cast your vote, just open up our nbc washington app and search decision 2018. >> we're learning more about the aftermath oast week's deadly shooting in pittsburgh. the nurse who treated the suspect is jewish. he revealed it in a facebook post onsaturday. he wrote, quote, i'm sure he had no idea i was jewish. the nurse wen t on say in the post he did not share his religion becausee wante him to feel compassion. he chose to show empath and the best way to honor the victims was for a jewish person to prove him wrong. the suspect h pled not guilty to shooting and killing 11 people at the tree of life

host: diana, new york, would you think the message to washington is?ler: what everybody was touting a blue wave, it was a pink wave. i am excited there were a number of female candidates elected. i would like to see nancy pelosi take a backseat. we need collaboration and consensus, and we need to work with the president to get what the people need, not what the democrats or republicans need. that was the message sent. host: diana, how did you vote as an independent if you are looking for bipartisanship? caller: how i voted was, i almost under voted on the governor's race and that was a huge race in illinois. i almost under voted. they were both billionaires. i don't know how they could bring a message that is really going to heal our state. democrat, but in some offices, i voted republican. i try to look at the candidate and to see who would do the best work to address my concerns, and not necessarily theirs. down pelosi needs to sit and we need a speaker of the house who will work with the president. be a check and balance, but not the antagonistic an