not much until we get that adp report.el taking new steps to keep you informed of winter storms. the details right after this. >>> and a little later this morning, irene rosenfeld. of course, the company formally known as kraft, she's going to be talking to us about the recent split and her prospects for her side of the business. a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. which can withstand over three and a half tons. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle...

adp has been a false tale. people get very bullish and come in and you have a weakened number and unless the fed speak after, i'm tempering my enthusiasm, even though i think it makes sense that things could be slightly better. >> re-fis up almost 20%, jim. >> that says something. >> highest since 2009. and a lot of anecdote ta data, discussion from realtors, at least who i know who say the office is getting busy awfully fast. home prices are rising fast. in the first half they have gone from underwater to positive status. >> what is happening in the bank industry, they are saying, if you get that house to be worth more, we will actually refinance it. they have been very reluctant to re-fi n refinance underwater homes. this piece is very important because you take a wells fargo, 30% of the mortgage market, and everyone knows that they are perfectly willing to give you a job if you have a very good job and 25% down, you are going to get one. they have been reluctant, this is my take, to give you a refinance that

but today's adp might have been better, sequentially lower. it doesn't make a different to employment. i have yet to see any research that says qe anything does. >> all right. thank you, all. good to see you. thanks for your thoughts today. appreciate it. >> thank you. >> all right. we're in the final stretch. we have a mixed market for the most part. >> i don't care what you got planned for the afternoon. stick around. we are just getting started on this very busy wednesday edition of the "closing bell." watch. >>> coming up, downloading a dividend? what will apple do with its huge war chest and potentially devastating tax hikes? we'll drill to the core straight ahead. >>> and you heard it here first. >> look what mark did when he was at hp. people forget how much trouble hp was in when he took over. hp without mark herd, hp with mark herd, hp without mark herd. >> oracle's larry ellison said it here exclusively yesterday. today, hp gets hammered. another reason why "closing bell" is must-see tv. >>> and the man with the plan. mitt romney bri

stock futures are up after a better than expected jobs report from payroll processor adp.ent's monthly jobs report is due on friday. >>> soil taken last week from a metro detroit home does not contain any human remains. police were searching the area after getting a tip that a body was buried there, a day after former teamsteres leader jimm o hoffa disappeared. >>> starfish that feed on coral. most of the damage is from the starfish and tropical cyclones. >>> first presidential debate will be taking place tonight at the university of denver. obama campaign, the romney campaign and the media all gearing up for tonight. cnn's political director, mark preston, has a behind-the-scenes look. >> as you can see, reporters from around the world are setting up to cover this debate. 3,000 in total. 700 of them are coming from other countries. so let's head inside where the action is going to take place. you might be wondering, who is actually going to be sitting in the audience tonight for the first presidential debate? i don't know the answer, but peter eyre does. >> at university

the old adp versus the new adp. there we go. that's the one.there's the difference between -- by the way, it's the revised bls number, not the first print of it. >> it's the third print. we get the number, then it's revised in the following month after. our estimate is close toast that third print after those subsequent provisions. >> is this with the couple million more -- >> when they put their survey together, they only have 70% of respondents. that's why they have big revisions. actually -- i didn't know this, but interestingly enough, they don't have data from the big guys, because the big companies have to collect from all the establishments and they report late. >> this is a big day for moody's. >> they report to us. >> this is a pretty big deal for us. adp report is almost like a government -- that's the way we treat it here. >> we have been working hard to make it the best report available, publishing a few days early creates a good deal of interest. so we were careful choosing. >> why make the change? i think that's going to be the qu

adp does payrolls for a lot of private sector companies. they have a pretty good idea of what is happening because they do so many different companies. 162 a little better than expected. sometimes it is dead on for what we can expect on friday from the jobs report which takes a look at government jobs. sometimes it's way off. that is what happened last month when they had 201,000 for adps numbers and then the jobs numbers was only 96. today the markets are indicating a little higher. stocks opening up about 25 points for the dow. the big number is friday. we don't know what we can read into for this. this could have huge impplications for jobs and what is happening in the election. >> thank you as always. >>> coming up next we are taking a deep dive into the iconic debate moments in history. the gasps and laughs and unbelievable zingers. >>> good news for democrats running on the u.s. senate. 33 people were killed in a series of suicide bombings in the syrian city of aleppo today. three explosions rocked the main square in the district. "ne

the adp report is nice. we like it because it gives us something to trade, but there's been very little correlation between adp data and non-farm payrolls. and frankly as we go from where we stand now into the end of the year, and the first part of next year, you know, we think the economy is going to be very sluggish as people sit back and wait to see how this fiscal cliff issue is dealt with by the new legislature and executive. dagen: pull the belts tight, that's all we can say. chris, thank you. good to see you as always. thanks for making sense of it all. be well. >> thank you. connell: we're going to get back to this american airlines story. they are now saying american that you should have no problem finding a safe seat on their airplanes. dagen: speaking of pulling the belts tight, really irrelevant if the seats aren't bolted in. and connell talks with virgin founder sir richard branson on the economy and selling $200,000 tickets into space on the streets of new york. interesting. also take a look at

today's number, for example, from the adp national employment report of 162,000 gain in jobs in september would barely be enough, if enough, to push the unemployment rate down this month. so we're making progress, it's painfully slow. the hole we're in is very deep, we're climbing out at a very slow pace. we need to do more. >> susie: the number that is supposed to come out on friday most economists are predicting it will be around 128,000 new jobs created works the unemployment rate notching up to 8.2%. with the unemployment rate above 8%, what impact will that have on the outcome for the election? >> well, it wouldn't be a surprise if the unemployment rate was at 8% on friday, it's been hovering in that range for some time already. normally you would argue that an unemployment rate this high in an economy growing this weakly would be very bad news for an incumbent president. it's somewhat vicing then that president obama has maintained the slight edge in the polls given how weak the economy is, but certainly weak growth, high unemployment are not good for anyone in elected office and ar

i don't think that adp number includes that.hen you look at those two numbers since january, you will see a defeat for 172,000 jobs a month where it is about 150,000. it has to be above 200,000 to keep up with population growth. again, 8.2% we are looking at coming in for friday. lori: full employment around 4%? nobody talks about that anymore. >> we just talk about the jobless rate. lori: the temperature is going down, find your heating costs going way up? the impact the winter will have on the economy. melissa: take a look at metals had with those who break. gold trading up. copper, basically what. we will be right back. ♪ you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. that

front private sector payrolls increased by 162,000 last month according to the payroll processing firm adp. that is higher than expected. positive news boosting stocks, the dow losing steam. volume below average even by recent standards. hewlett-packard the biggest drag on the dow hitting its lowest level in ten years after the company issued a very bleak forecast for the 2013 period due to a decrease in technology spending worldwide. oil falling well below 9500 in terms of slowing demand. the impact of china and drop in oil prices making the energy sector the worst performing sector today. oil settling down by $3.75. i am here filling in for liz claman because liz claman is in cleveland, of ohio. her old stomping ground as part of the open for business series and liz will talk to business leaders to find out how the city turned itself around. we want to know. give us a preview. liz: is part of our fox business series open for business. how could cleveland not be? this is the place. i just landed and got to the ritz hotel and saw jimmy page in the elevator. i am kidding but this is the hom

adp has released new september numbers for its report on the private sector.sed on the new methodology that's coming out, they moved from macro economic advisors to moody's and mark zandi over there now contemplating the adp number. they say under the new methodology the new september number would have been 88,200 compared to the 162,000 reported under the old model. they will revise that september number again tomorrow with the first live release of the october employment under the new methodology. the ad 82,500 is the number if they reported september numbers in early october. they'll revise that again tomorrow along with a fresh number. mark zandi says it is just a methodology, there were differences in trade, transportation, personal services, as well as different factors they're using to adjust the numbers. rather than jobless claims, they're using another indicator call the philly fed coincident indicator. a lot of economists are now puzzling over it. bottom line is under the new methodology employment would have been quite a bit lower than first reporte

i like rallying the close and adp coming in hot. don't be shocked if it goes up again tomorrow. dave: we will see you tomorrow. shares of metro pc yes bringing of games today. back to nicole petallides on the floor of the stock exchange for more details. nicole: it is up 20% all day and here it is on the floor of the stock exchange but getting a big bounce and that was all on the talk that deutsche telekom was moving in on metro pc yes which did issue their own statement confirming that it was in fact in discussions with deutsche telekom regarding t mobile usa and metro pc s and nothing for short. no assurances that anything will resolve. what was interesting is sprint today if this were to take place would not be good news because sprint was down 5%. on the other hand leave wireless, pay-as-you-go and maybe it could be a potential -- we saw it go higher and that was 8% today. cheryl: thank you. major car companies had a positive 2012. here are numbers. sales for ford up 5.4% and general motors up 3.4%. look at chrysler up 24% on year over year basis. back from the new debt but

an adp report that showed surprising 162,000 jobs surge. maybe that could be a good indication where the general federal employment numbers will be on friday morning. but you've got disturbing news out of hewlett-packard saying we don't see any light on the horizon. the rest of this year stinks and so does next year while we're at it. mitt romney will obviously focus on the latter. that better is not good. and the president on the former that better is a hell of a lot, well, better than things were. will be up to viewers to decide whether one side has made the more compelling argument. melissa: so, neil, what do you think they're doing right now this second? are they like carboloading on pasta? are they having loads of coffee? what would you do right now here? are you cramming answers. are they having a nap? what do you think? >> i don't know. i mean, i'll defer to my friend juan williams is coming up with you. he knows this stuff far better than i do. i would be nervous as heck. melissa: yeah. >> everyone is second he is abouting every mov

the chair because i started to add everything up and didn't make sense, 114,000 consistent with the adpe fact we have a struggling economy, we're barely in positive territory on gdp, a measure of the economy and to the fact na 114,000 is barely enough to even keep up with the birth rate. i started scratching my head so i understand the confusion out there. >> jamie: let me, let me take it out of economic lingo for folks, i try to make it so that everybody can participate and understand. it sounds to me like when you saying the gdp. we're not producing more. >> we're not. >> jamie: hundreds of thousands of manufacturing jobs are gone which is something our country was previously known for. a lot of people are on the sidelines, doing less, making less, even giving up totally. >> that's true. >> jamie: what does the number actually reflect. how did they come one that number. >> it's interesting, when you look at the process, you start to see that, you know, possibly there's a-- at a survey, that's what it is, a household survey and the sample size is very low. >> jamie: they pick up the ph

adp reported the private sector added 162,000 new jobs.ng to usa today, six chains are hiring upwards of 300,000 holiday workers. facebook will test whether users will pay to post on their friend's news feed. >>> chick-fil-a reiterated support for biblical families. the fbi raided a houston company for exporting military technology to russia. 84-year-old oil tycoon pickens is putting another x in texas divorcing wife number four. >>> one city official says it's getting tough to tell the average joe from the average millionaire. >>> how do you turn five bucks in a fortune? do we have your attention? let it sit around for awhile. this one given to vice president charles fairbanks in 1905 could fetch $300,000 at auction. not bad. >>> a flop in the nba and fines. wild cards fight on and sean peyton returns to the superdome. the first triple crown winner in 45 years. your first look at sports ahead. you are watching "first look" on msnbc. trust duracell...?? duralock power preserve. locks in power for up to 10 years in storage. now...guaranteed

the adp has been a poor indicator of the jobs number. i think there's a reason the fed gave us qe-3, because they saw the softness in the labor market. i think it could come in a little on the weak side. more importantly, the official jobs number is the revisions backwards. they've been going back through previous months and knocking down those numbers. i think i wouldn't be surprised if it came in a little soft. >> kate, do you agree with that? if so, is this priced into the market? >> yes, absolutely priced in, maria. great question. what they're going to expect is for it to be terrible. if it isn't terrible, we'll see a rally. what matters most to this market is earnings. we're in pre-earnings disappointment season where we're going to float a little bit until earnings come out. we've seen a friend where earnings have beat expectations. we've gone down to earnings, earnings beat expectations, then we've had a good rally. i think that's exactly what's going to happen again this quarter. >> after the employment numbers are done, we're f

we got the adp report out this week. did it give you an indication of what we might hear tomorrow and what are the expectations, how priced this are they in this market here in terms of the jobs numbers? >> well, maria, adp is one of the things that's used by economists to figure out what the number tomorrow might say. some guys say it's the best one. other guys say it's a terrible one. a lot of mixed opinions on it. i like to look at everything. i'm not seeing anything that tells me i should be shaking off the idea that we're somewhere in that 100 to 150,000 range. when you look at the number of jobless claims, it's about the same. a little bit of a tick up in the conference boards, the assessment of consumers out there about how easy it is to get a job. nothing off the charts. also, look at the general level of economic activity, which seems to be in the 1.5 to 2% range. >> all right. thanks, everybody. >> thanks, guys. >> we'll keep watching this market, which continues to rally. we're coming to you today from black r

the adp number this morning i think is going to be important. even more so is non-farms. i think the non-farms on friday could have a lot more to do to determine the election than any of the debates that are upcoming. > > google is going gaga. what do you think about this stock? > > you know, it's interesting. any time we see one of these big national headlines - "google eclipses microsoft in market cap" - you immediately see some selling pressure. i think we're going to see something similar. don't be surprised if we see a little bit of selling and profit-taking ahead of earnings. i'd wait 'til earnings, see what happens, and then look to jump in. long-term, google is a great stock. > > what about people who own microsoft? > > you know what, microsoft, this new product that they have coming out is supposedly pretty good, windows 8. it's not like microsoft has been a bad stock. it has a great dividend yield as well. i have no problem with microsoft. > > good to have you on the show this morning. that's mark sebastian of option pit mentoring. > > thank you. let the games b

the september adp employment report is out at 8:15 a.m. eastern. forecasts call for an increase in 153,000 in private sector payrolls. at 10:00 a.m., we received the september ism services index just to complete that global picture of services numbers today. analysts are looking for a reading of 53.1, down more than half a point from august. at 11:00 a.m., meg whitman holds her first meeting since taking over as ceo of hewlitt packard. >>> still to come on this show, real estate mogul barbara corcoran joins us for a look at the housing market. that's coming up at 5:45 a.m. eastern. >>> these are your headlines. president obama and mitt romney get set tonight for their first debate tonight in denver. services sector growth slows across the globe in september, and the spanish prime minister issues the latest denial that he's ready to seek a bailout. >>> the uk retailing giant both released earnings earlier this morning. this comes after a billion pound investment in uk stores. figures for the rival were better. the retailer reporting total sales up 4

we had the private sector employment numbers, adp numbers, out of the u.s. yesterday which was a positive. it did show an increase. and also we had the ism services or non-manufacturing figures as well which did show growth. but the focus really now is on what the fed will do following its move of qe3 or its next stage of quantitative easing depending on this data and upcoming jobs numbers on friday. that's really going to be a big focus for investors regarding u.s. economic data. now the dollar did get a bit of a boost following the data. let's have a look at currency pairs this morning during tokyo stock trading hours. the dollar/yen currently 78.43-44. and the euro/yen, 101.29-34. euro getting a boost there and continues upwards and higher as well. so again, slightly softer yen. we may get a bit of a boost for exporters. >> let's talk about some domestic factors that -- there are some big concerns also for upcoming earnings here. how are they going to come into play? >> that will be a big focus there. of course a lot of concern for japanese companies give

you hear ride on the road adp seems to be ok. at 4 and 4. d p is problematic but it shows a slight improvement. it creates more accomplishments. we will see if unemployment falls below 8%. it has been dropping but it is mostly because people have stopped looking for work. let's talk about beer. cheers sales are back up. can you get a degree there? there is probably the jobs there. but experts say that more americans are drinking craft beer. if you have no paycheck you cannot afford to be here so whether is smoking or drinking or gambling it may affect beer sales. i'm going to check out some beer sides to see if they are hiring. >> we had really hot temperatures this week san but it changes finely and store. yesterdays was a toasty who won and we broke several records. it was a hundred and two degrees breaking a record was set back in 2001. let's check out san jose where it reached mid 90's. it has not been that high for quite some long. it is 57 in pleasanton and 62 in daly city. as we see where the numbers go as far as the afternoon by 12:0

that's a good job what we saw from adp yesterday.d number to what we see tomorrow with unemployment for united states. we get first friday of every month. that could change stock market. it's okay. it's not glorious though. >> okay. >> i love my hp printer. does it make me the bad guy? printer, scanner, i can e-mail a photo and it will print it when i am out of town. love it. >> i remember mine from 20 years ago. it was glorious. >> yes. i like my new one very much. >> you told me to buy mine and i did. i enjoy it as well. >> make me the bad guy. >> rob is the bad guy again. >>> 6:50. we want a look at the weather and traffic. >> good morning to you. we do have clouds to contend with, that fog bank certainly back. taking a live look, we are in store for a much cooler afternoon. temperatures, we are talking 60s and 70s. tomorrow we'll continue with the cooling trend. we'll shave off a couple degrees and cooler weather is on the horizon and potential for some talk about heading into the weekend. i will get to the details coming up in a

adp better than expected 162,000 jobs this services sector at expanding the fastest europe and china pushes crude oil prices lower dropping at $88 the biggest decline in four months hewlett-packard's stock is down 13% after meg whitman predicted earnings will fall 10% next year. turning to the debate william joined by the chair reince priebus. -- . things looks at. i am ready that. >> i will sneak in candy bars and enjoyment on may setting the country straight. the president is conning the country the economy is then the ditch the debt is out of control. everything he promised four years ago across america has not come near what he promised. we will let out a better vision for the country mitt romney will do that tonight. lou: will he be aggressive to take the debate to the president? >> i think sell and the president has made it easy. think of the save some four romney. -- safe zone. it is a kill shot. connolly, debt, jobs and then what is your vision? what will you do to get the economy at of the ditch? reduce spending small business taxes 20 percent across the board and the keysto

adp tomorrow and jobless claims on friday.re two everybody will be looking at. >> doreen, thank you very much. jobs numbers will be so important ahead of the election. back to you. melissa: they will be huge. ashley: she is laughing, doesn't know why. something amused her. melissa: we love her. ashley: that was great. president obama just arrived in new jersey to tour the storm damage done along the coastline. one of the hardest hit areas by hurricane sandy when she moved in. jeff flock has been in point pleasant, three, four days? melissa: he is still there? >> you must have sprung me out. we'll head to atlantic city ourselves. appreciate the good word. melissa: i try but you're still there so it didn't work? >> today, i'm leaving today. this is the boardwalk in point pleasant beach. i'll tell you, president obama will see the one in atlantic city. these are, the boardwalk was invented here on the jersey shore down in atlantic city. but the one in point pleasant beach, take a look. it is a disaster. this is piece of a tiki ba

sometimes the adp report is right on.ewing the jobs report, sometimes it is totally off. >> there's good news about car sales. >> car sales really did well in the most recent month. in fact, even doing better than early 2008. general motors up 1.5%. ford down 0.1%, but chrysler had a great month up 12%. >> is it because of low interest rates? >> it is pent up demand, a lot of incentives, low interest rates and easier financing. if you look at the foreign automakers, toyota up 41%. honda, volkswagon, hyundai, watch as these reveal on your screen that people are buying cars again. that's a sign of a resurgent american consumer, no question. and related, the north american car and truck of the year nominees are in. would you like to see what they are? >> we have a fortune reporter that's a juror who helps vote for the best car. cadillac, ats, ford fusion, i hear a lot about the ford fusion, a lot of people like the design of this one. and the subaru brz. bmw's always pop late the list and the last few years have been populat

adp says companies put 164,000 more workers on the payroll. service companies employ 90% of the work force. i's not enough to put a dent in the 8.1% unemployment rate. another leading indicator, the institute for supply says nonmanufacturing grew at the fastest pace. crude oil futures are down more than $3 to $88 a barrel. concerns over the economic slowdown in europe, china and the u.s. means less global demand. just in time for tonight's first presidential debate, jetblue airlines is announcing a new marketing gimmick for americans planning to leave the country if the other guy wins. jetblue says it will give away 2012 seats or round flights for customers on the losing battle between president obama and mitt romney. go to the website, enter the contest for a chance to win a temporary escape to the caribbean or mexico. barbara, back to you. >> i guess it depends on which side you are on, who you would like to win that. would you like to try? >> what is jetblue going to do for the folks in france, the millionaires worried about the 75% tax rat

adp says its poll of private employers indicates they added about 162,000 jobs in september. that is down from the 189,000 added in august. analysts say the economy needs to add about 200,000 jobs a month to lower the unemployment rate. the u.s. labor department is scheduled to release its jobs report and the september unemployment rate this friday. on wall street today, stocks edged up slightly. the dow added 12 points. nasdaq rose 15. and the s&p 500 was five points higher at close. >>> the g street overpass on highway 4, investigators say a 49-year-old man reported that something came through his windshield about 9:45 last thursday night and hit him in the arm. he was treated at the hospital. right about the same time, a woman told police that something shattered her windshield. she was not hurt. back on monday night, something hit an ambulance driving on highway 4. no one was hurt in that incident either. >>> with the launch of iphone 5, apple appears to be turning its attention to an ipad mini. apple's asian suppliers began mass production of a smaller ipad last month. t

that report coming from the payroll processing company, adp, better than economists expected.is down from august by 27,000 jobs. let me go to alison kosik at the new york stock exchange. putting this in perspective for me, how big a deal is this. is this a precursor? >> the way adp is, brooke, it isn't the best indicator but gives us a good idea of what the government jobs report will look like on friday. that's the one that counts and the expectation is the economy added 110,000 jobs in september. that one factors in both private and public sector jobs. of course, the big question is 110,000 considered good? well, it is not great, but it is certainly much better than the depth of the recession if you want a comparison when we lost 800,000 positions a month. the job market has gotten stuck. we're only adding enough jobs, brooke, to keep up with population growth. that's not that good. >> we'll talk on friday and see how those numbers do finally look. alison, thank you very much. >>> and roll the open. here we go. top of the hour, thanks for being with me, i'm brooke baldwin. h

but later in the week, we have the unemployment data coming out, adp employment report, so traders willing forward towards the end of the week. again, while i don't want to be little this event because clearly potentially shut down for two days now is a unique event in itself. but i also want to again just shift the focus back to the technical levels and again to the fundamentals that are important which are that 1400 level in the s&p z and tand the unemployment data. >> absolutely. ben, thanks very much. a quiet day it sounds like ahead in chicago. stewart, also want to thank you for coming in this morning. now we want to take a quick look at what the latest is in terms of sandy's path. and for that we're heading over to the weather channel. we're joined by danielle banks. what can you tell us? >> well, the storm has strengthened as of the 5:00 a.m. advisory. we are talking about 85-mile-an-hour winds and the pressure has also dropped 946 millibars. in terms of the movement, the progression further north, still taking place. we're waiting to see more of that northwest ward turn. but cu

the payroll services firm, adp, said the economy added 162,000 private sector jobs last month. that topped estimates of 143,000. now the august number, that was revised down by 12,000 to 189,000. of course we have to look ahead to the big government jobs report to flesh this all out on friday morning. >>> the services sector that expanded at its fastest pace in six months in september boosted by a pickup in new orders. the institute for supply management nonmanufacturing index that looks at 18 services industries increased to 55.1 last month from 53.7 in august. david: all right. we've got all this covered plus a lot where we have larry shoafer in the pits of the cme group. bob phillips, telling us why the recession already here. legendary investor wilbur ross who needs no introduction and will tell us what is he investing. larry over at the i know talking with nicole that hewlett-packard was bringing down the whole index. you look at oil. it is hard, you can't call it a crash but a 4.25% drop in oil is the biggest drop we've had in months. doesn't that show you that we're at a

one is the adp a private sector report which historically has given you what is going on two days laterhowed a big bump in private sector growth. the last couple of months it hasn't matched what happens on the unemployment report. then unemployment claims today. last week, the number of people who first lined up for unemployment claims actually went up a tick. so the fact is we are looking at about 110 to 115,000 jobs, what economists predict on friday. the number for september. last month as you know was 96,000 a big disappointment. i think we come in on a hundred plus, president obama breathes a sigh of relief. >> a sigh of relief doesn't mean everybody else will have that. >> for those people who don't have jobs, it doesn't mean much. >> ali velshi, good to see you. nice to see you in person. >>> make sure you watch tomorrow morning. when the numbers come in, we will go to town and take a close look at the jobs created around the country and the implications of the election, et cetera, et cetera, et cetera! [ male announcer ] alka-seltzer plus presents the cold truth. i have a cold..

little view into what might happen when the adp number comes out. private sector job creation.e expecting 135,000 jobs created against 162,000 in september. that's a bit of a downer. wait and see how that comes. in that gives you an idea what to expect friday. >> we'll wait. thank you, jerry geramipoorry. >> meningitis outbreak linked to tainted shots has claimed another victim. concerns for disease control and prevention this time in virginia. death toll is now 2. meanwhile, a sister firm of that massachusetts pharmaceutical company that produced the tainted drug has announced that it's recalling all of its products. the company reports the united states food and drug administration has requested that it do so to improve testing for sterttle. stirttle. sterility. snow to onslaught of sand to that horrific six alarm fire neighborhood of breezy point. we have learned the flames destroyed even more homes than previously thought. hear from one man who decided to ride out the storm and then the firestorm only to turn to his family and say what have i done? we will tell you where fo

a rate of 7.9 percent, 125,000 jobs to be add and we will get a look into that tomorrow with the adpt, and we expect that private sector report to add 135,000 jobs compared to 162,000 in september so not as good. >>shepard: over on the business network you still had business. >>gerri: we always have business. there is always business on the business. >>shepard: now i know. more than 100 families are hopeless after the huge fire that broke out during the storm, the whole neighborhood, really, and some of the folks are going back to see if they can salvage anything and most cases the answer is "no." we will talk to a man who was trapped in his home as the inferno roared describing flames at 1,000 degrees being pushed along at 100 miles per hour. [ dennis ] it only took two minutes for this town to be destroyed. to a little girl who lived through it, this is more than a teddy bear. it's a step towards normal. it's why allstate catastrophe teams not only have hot coffee and help for grownups... they've also handed out more than twelve thousand teddy bears to kids. people come first... ev

economists would like to go from the adp data to higher estimates but it's not been that great over the past couple months. there's a lot of of caution out there among wall street economists. data this morning -- up 162,000 from the private sector. that's a bit better than expectations which were in the 150,000, 155,000 range. in august it was revised down to 189,000. the non-farm payroll estimates. we won't know until friday if that is higher. here's the misses we've had over the past three months. it's been 63,000 heavy compared to the bls private sector report. you can see over the course of the year it's been a little bit on the high side making economists wary about upping their estimates. what has been a little bit on the up side is jobless claims. other data that helped buoy optimism, slightly higher than claims in last month's survey week. the ism jobs manufacturing is at a three-month high for that component. services was down in september but still above the 50 point. i don't think romney turns to obama and says we are doing gangbusters on jobs but they are in the 200,000 rang

we got an adp report, private sector growth, stronger than thought.ll on the same day there was a report from hewlitt packard that things look lousy for the next few years. it's in the eye of the beholder and debater, but have we gotten used to numbers so pathetic, we are grateful when they are not as pathetic? >> may be so, but more importantly, seems to me, at least, what the president tried to do, and he's done it with some degree of success so far, is to say that, one, it's not my fault, and, gee, it would have been worse, you know, had i not been there. neil: unprovable. >> it is, but still, you got four years of policies now that have driven the economy down to a point where now the revised number in the second quarter, 1.3% economic growth. you're never going to create enough jobs at that level of growth to get people back to work, and i think that so much of what you hear and see in the economy, and i talked bo businesses all the time in my state and around the country say it's policies from washington and the forum, global competitive analysi

>> i think whether it's the adp number tomorrow which there's been a flurry of activity regarding discussions about how the new methodology, if you look at the 2012 numbers under the old methodology versus new oa methodology, 365,000 less with the new methodology. it just makes things a bit confusing, and for friday's number, obviously with what's going on in your part of the country, there's going to be all types of questions as steve just pointed out as to how economic activity present and future will be altered, so it just makes data a bit confusing at a time we need clarity. >> i want to be clear i don't believe the numbers will be affected by the hurricane because they came after the survey period. >> no, not these, future numbers. yes. >> the numbers that are recorded on friday. >> thanks, guys. good to see you. >> talk to you later. >> heading toward the close, we've lost the altitude here, the dow now virtually unchanged, after about a ten-point gain a moment ago. >> bill and i will give you a take on this historic day on wall street, the longest weather related closure since 1888. >>

stock futures are pointing to a higher open this morning on some good news on the jobs front from adpust released. >> and samsung is allowed to sell its galaxy 10.1 tablet computer in the u.s. a judge has lifted a ban on sales of the product after a jury found that it did not illegally use technology developed by apple for its iphones and ipads. but the jury found that many of samsung's other products did fringe on apple patents and ordered the company it pay apple $1 billion. yeah, apple needs that money so bad. >> another billion. >> don't you feel sorry for them? this is kind of strange. i'm reading that there's now a bulletproof case for smartphone? why do we need this? >> reporter: yeah. exactly. i mean, i guess you know you're in a bad neighborhood if you need that. but a japanese company claims its 4.5 pound case can stand up to a gunshot. a .50-caliber bullet was fired at the case. the phone cracked after the gushed sent it tumbling into rocks but the case held unfortunately. but the bulletproof case sells for $665. i don't think it's a big hot seller for the holidays. but i c