thanksor joining us. >> i'm bill griffith.w. ♪ ♪ >> this is "bbc world news america." >> funding of this prtion is made possible by the freeman foundation, kovler foundation, pursuing lutions for america' neglected needs, and purepoint financial. >> how do we shape our tomorrow? it starts with a vision. we see its ideal form in our mind, and then we begin t we strip away everything that stands in the way to reveal new possibilities. at purepoint financial, we have designed our moderpp

bill griffith is off tonight. optimism over trade talks sent oarfes hi igher, deal making activity also put invest irs in a buying mood. and it sent the s&p to within 1% record and the dow to its highest since february. ustrial ave cragese ad de8925,000. thda n wqasasp gained wedsdhis bul6. 3,453 days old. making it the longest in history. mike takes a look at the three phases of this market milestone. >> the 320% gain00n the s&p since march of 2009 has unfolded more as a three act drama than a simple story of everising stock prices. the first act was a powerful reboundf a 13 year low. the economy emerged from the great recession. the s&p 500 doubled over the next two years before the european debt crisis trigg sharp correction of nearly 20%. after europe stabilized thoughts went sideways through to the 20 election until the next rally phase kicked in. thanksor to healthy coe sionlts and surging tech e nexnr and inate gsarsh. decli 2015. ushering in another sideways phase through 16mid- since then, stocks have wri

i'mood evening everyone, tyler mathison in tonight for bill griffith. i'm sue herera,ev good ing, everybody. the last days of summer are anything but lazy on wall street. the nasdaq powered past 8,000 for theirst time ever. the s&p 500 closed at an all time high. the dow blew past 26,000. a brethrough trade deal with mexico removed a source o uncertainty that's been hanging over the markets for months. the dow jones was 259 points, the nasdaq hit a record. and the s&p 500 added 22. more on today's market rally. >> it was aor r setting monday for the stock market. and the nasdaq, soaring to new highs. the nasdaq broke above 8,000 for the first time in history, facebook, apple, amazon, netflix and google parent. phabet. the trade talks were really the story of the day. president donald trump set the stage for stocks to riper hi and rip higher right across the board. the ow broke back born 26,000 mark for the first time since february led by boeing, goldman sach and caterpillar. industrials and materials were among the sector winners day, that happens when

bill griffith is off tonight. longest entered t bull market in history with trepidation. after as drifted lower new round of tariffs went into effect and many market watchers tried to figure out what might come next. today the dow jones industrial averageell 76 points to 25 points to 25,656 and the nasdaq dropped ten and the s&p 500 gave back four. b so with thl market now being the longest in u.s. history, are there some changes that you should be making to your investment portfolio. here is chad morganlander and the portfolio manager at washington crossing advisers. good to see youagain, chad. >> thanks for having me, sue. >> do you, first of all, set the stage. longest bull market in history. do you think there is more upside? >> i do think that there is much more upside, but one has to be somewhat more circumspect about their investments at this point ine. so overall, we think that on an annual basis for the next several years, you can see roughly 6% total return, but nonetheless, it's far below what the historical average has been for the s&p 500? now there are somef

thanks for joining us >> i'm bill griffith. have a great evening.omorrow. ♪ ♪ >> this is "bbc world news america. >> funding of this presentation is made possible by the freeman foundation, kovler foundation, pursuing solutions for america's neglected needs,d repoint financial. >> how do we shape our tomorrow? it starts with a vision.ts we see ideal form in our we see its ideal form in our mind, and then we begin to chisel. we strip away everything that

bill griffith is off this evening. we begin with thearket.oday the s&p 500 and the nasdaq closed at their hshest lev ever. this comes just a few days after the bull market marked a milestone becoming the longest in history so let's get right to those numbers. the dow jones industrial average advanced 133 points to 25,790. the nasdaq added 67 and the s&p 500 was up 17 and all of the major averages were higher for the week. investors' optimism got a lift after the federal tserve defend central bank's plan to raise interest rates. jerome powell made the comments at anvent attended by some of the world's most influentiall cent bankers meeting in jackson hole and steve liesman was there. >>> chairman jerome powell in his ftist m as chairman at the renowned kansas cityrv fedel re bank conference in jackson hole, saying they remaia approprinder cheg markets by saying there does not seem to be a risk of overheating in the market and this dpite hiej amounts of fiscal stimulus. ube u.s. economy has strengthenedantially and more important for markets. h

♪ ♪ >>> this is "nightly business report" with sue herera and bill griffith. ♪ >>alling it quits.arge mergers are scrapped. what does it mean for the deal making landscape? senter beware. new technology fueling the rise of renl scams. what you need to know to keep from getting burned. >> and disappearing act. you've heard of no-show jobs. how about no-show workers? the growing phenomenon that's pacaught comnies off guard. all that and more tonight on "nightly businessre port" for this thursday, august the 9th. >>> good evening, everyone, and welcome. the nasdaq's streak hits eight. just have more on that in a moment, but we begin with a pair of deals that didn't happen. well, actually they did, but then they first, pharmacy chain rite aid and grocer albertson's called off their merger inrowing opposition. they recommended shareholders vote against the deal.ec this is thed failed merger for rite aid. hast year its merger w walgreen's was scrapped. albertson's was privately held and rite aid shares were down 11.5% to $1.54. bertha coombs has more. >> rite aid and albertson's break u

i'm bill griffith. have a wonderful evening.row. ♪ ♪ ♪ >> this is "bbc world news america." o >> fundithis presentation is made possible by the frman foundation, icvler foundation, pursuing solutions for a's neglected needs, and purepoint financial. >> how do we shape our tomrow? it starts with a vision. we see its ideal form in our mind, and then we begin to chisel. we strip away everything thatds stann the way to reveal new possibilities. at purepoint financial, av

♪ >> this is "nightly business report" with sue herera and bill griffith. looks.r than the economy added fewer jobs than anticipated last month, but the market looks past the headline and the dow climbs by triple digits. >> keep on trucking. >> the trucking industry says there's more freight than it knows what to do with. one problem, thoughug not e drivers and that could creategh waves throu the economy. >> and chemical attraction. meet two men whose quest is to make chemicalsetter, safer and cheaper. all that and much moreht ton on "nightly business report" for this friday, august the 3rd. >>> good evening, everyone. and welcome. it is the first friday of the month and that generally means the monthly employment report is out, and that certainly was the case today. the headline tells you it was a miss, but the economy created fewer jobs than expected in july. that would be true. the economy added 157,000 jobs last month, more than 30,00 off the mark. wage growth, not all that great, but ntunemploy broke back below 4% and it turns out may and junee w actua

>>> this is "nightly business report" with sue herera and bill griffith. >>> making miss. disney's earnings and revenue come in below expectations even though strong growth in several key areas were shown. what now for the widely held dow component? >>> u-turn. tesla's elon musk says he's thinking oaking the automaker private and that sends investors on a wild ride. >> and bad bread? the major indices are closing in on all-timehs h again, but is the rally broad enough to keep the bull running? all that and much more tonight y for "nightly business report" for this tuesday august the 7th. >> already. good evening, everyone and welcome. stocks rise and inch closer to all-time highs. we'll have more on that in just a bit, but there was big news from a pair of big names today. we'll start with disney. earnings that were off the mark. the company did come in belowev earnings andue estimates, but it also had strong growth in studio, parks and broadcast units. here are the numbers. disney earned $1.87 cents a share. that is an 8-cent miss and revenue was a little light and still

♪ >>> this is "nightly business report" with bill griffith and sue herera. >>> buyback binge.orporate america is expected tm buy backe shares than ever. a trillion dollars worth this year. what are the ramifications for the market and investors. >> calling it quits. ra nooyi stepping down. >>> and why morend more big-name companies are adding sa bat chemica bat californias as a major perk. all that and more for monday, august 6th. >>> and we b you good ening, everybody. welcome for this monday. stocks started the week in the ack, thanks to strength in technology, especially facebook. shares of the social media company rose 4% today on reports it's in talks with banks to allow facebook users to use its mer platform for financial transactions. that in turn helped push the nasdaq higher for theifth raight day. has done the nasdaq that since may. here are the numbers when all was said and done. the dow rose 39 points to 25,502. the nasdaq climbed by 47. the s&p added ten points today. >>> and while facebook did have a big say in the nasdaq's move today, goldman sachs says htvestor

with sue herera and bill griffith. >> stocks slip, investors across the globe run from r akyets on concerns of financial instability in turkey could spread to other markets. >> retailrevival, major stores report their earnings this week, and the results could prove that the death of that sector has been greatly exaggerated. >> cashing out. is your 401(k) leaking? it may sound odd, but it's a serious problemt could put your retirement at risk. >> those stories and much more tonight on nightly business report for monday august 13th. >> good evening, everyone, and welcome. stocks start the new week where they left the last one, with declines. investors are concerned about the financial crisis in turkey, that its currency tumbling on friday about that worry spread to markets around the world. and dampened enthusiasm for stocks worldwide. cks marked e, s four-day losing streak. turkey is trying t toe action to stem the financial fallout, and reassure investors about the country's fiscal conditions. willa mar reports for us tonight from istanbul. >> reporter: president erdoganh spent weekend rail

>>> this is "nightly business report" with sue herer and bill griffith. >> alive and kicking, the bull market is officially the longest of all time and thearket are rally mode. target's big paying off and investors are reaping the reward. trade talks as officialsrom the world's two largest economies resume discussion, a factory owner in guangdong, china, is paying very close attention. those stories and more tonight on "nightly business report"or wednesday, august 22nd. good evening, everyone andil welcome, griffith is off tonight, history was made today on wl street and this bull market is now the longest in history, surpassing the dotcom run-up of the 1990s. by mosteasures t bull was born on march 9, 09 during the depth of the financial crisis and five months and 13 days ter the s&p has more than quadrupled and today sits just below its all-time high. todayhetocks fin mixed. the dow jones industrial average lost 88 points to 25,733, the nasdaq was up 29nd the s&p 500 fell one. >>> an area of the market that's been rallying has been the dow transportation index. today it closed just b

and welcome, i'm tyler math son in tonight for bill griffith. >> and i'm sue herera.so much for joining us. wall street is in rallye. m the s&p 500 and the nasdaq closed at new highks to a gain in technology shares. in fact, the nasdaq is on track for its best august in 18 years. a strong report on economic growth aloh optimism over trade put investors in a buying mood. today the dow jones industrial average added 60 points to 26,124. the nasdaq was up 79 or about 1% and the s&p 500 gaine 16 points. ls and more now on trade. canadian offic are in washington tonight working toward a revamped free trade agreement and both sides doppear optimistic now that an agreement can be reached ahead of a friday deadline. eamon javers has the deils. >> president trump expressed confidence that canada will join the agreement alreadyammered out with mexico. >> we'll see whether or not canada gets into it or we'll do something separately or we won't do anything which is okay, >> canada's prime minister cynthia friedman spent the day dehind closed-door meetings and feels optimistic pro

i'm tyler math son in tonight for bill griffith. well, wall street's win streak snapped.he reason, in a record, trad a report midday said that the president was considering moving ahead with additiona tariffs on chinese imports as early as next week. the tariffs would cover an additional $200 billion worth of goods. that would be on top of the billions already affected. th report added that the president has not yet made a final decision, but no matter, the marketsmoved. the dow industrial average dropped 137 point to 25,986. the nasdaq fell 21, even as shares of amazon closed above 2,000 a piece, and the s&p 500 was down 12. bob pisani has more on today's drop. >> stocks were lower much of the morning, but took a dive as trade war fears once k again t hold. both stocks and bond yields immediately sell the session lows on a report saying that esident donald trump says he wants to move ahead with the plan to impose tariffs on $200 billion of chinese imports. that's not good news for the markets. the problem here is the markets levitated itself into believing that in the lo

. >> i'm bill griffith. thanks for watching. >> have a good weekend. i'm sueerera.for joining us. see you on monday. >> this is "bbc world news america."ng >> funf this presentation is made possible byda the freeman foon, kovler foundation, pursuing solutions for america's ncglected needs, and purepoint fil.o >> how shape our tomorrow? it starts with a vision. we see its ideal form in our mind, and then we begin to chisel. we strip away everything that stands in the wato reveal new possibilities. at purepoint financial, we have

cnbc, the last interview i gave, which was a long interview, i think bill griffith and kelly evans, two dear friends of mine. they said, where will this lead, coming to washington? i said i don't know. it is god's will. i guess i was attacked by people on msnbc for bringing god into it. i don't care. it is the way i look at life. i have become somebody of faith. it has been wonderful. >> you converted to catholicism, why? larry: i did. i have been active for over 20 years. it's a long story. again, it was part of my transformation. i was looking for faith. i came from a very secular, nonpracticing jewish family. the priest kind of -- a couple of priests helped me along the way. i love the church. the first time i went to mass, i loved it. i loved the order, the pageantry, the ceremony, the the wafers, i water, the loved it all. god,t, god, -- i said, take me. it took a long time to get through things. i have been very active in church, both in new york and in connecticut. >> for those dealing with addiction today watching our conversation, what would you tell them? what advice would you

. ♪ ♪ >>> this is "nightly business report" with sue herera and bill griffith. ♪ >>alling it quits.king landscape? senter beware. new technology fueling the rise of renl scams. what you need to know to keep from getting burned. >> and disappearing act. you've heard of no-show jobs. how about no-show workers? the growing phenomenon that's pacaught comnies off guard. all that and more tonight on "nightly businessre port" for this thursday, august the 9th. >>> good evening, everyone, and welcome. the nasdaq's streak hits eight. just have more on that in a moment, but we begin with a pair of deals that didn't happen. well, actually they did, but

ever before at pbs.org slash anywhere ♪ >> this is "nightly business report" with sue herera and bill griffithobs than anticipated last month, but the market looks past the headline and the dow climbs by triple digits. >> keep on trucking. >> the trucking industry says there's more freight than it knows what to do with. one problem, thoughug not e drivers and that could creategh waves throu the economy. >> and chemical attraction. meet two men whose quest is to make chemicalsetter, safer and cheaper. all that and much moreht ton on "nightly business report" for this friday, august the 3rd. >>> good evening, everyone. and welcome. it is the first friday of the month and that generally means the monthly employment report is out, and that certainly was

ever before at pbs.orgsh anywhere ♪ ♪ >>> this is "nightly business report" with sue herera and bill griffithof the economy, the fed speak, but focusurnso the economy's three vital organs, job, housing and the consumer. >>> shifting gears. why auto salesap the brakes to start the summer. >>> new option. short-term health plans could soon play a much larger try.insurance ind those stories and much more tonight on "nightly business report" for wednesday, august 1st. >>> good evening, everyone, and welcome. the economy wasront and center today and we learned a lot about its threepillars, employment, housing and the consumer so let's begin with jobs. companies added a lot more workers to their ranks than

i'm bill griffith. the bad penny that keeps coming back the administration has reimposed sanctions on iran who will be doing it this week sanctions would target iran's purchases of u.s. dollars. metals trading, cole, and its automotive sector. energy and oil sanctions will take effect in november. elsewhere, according to fact set, 80% of s&p companies have reported quarterly results that beat expectations. now, if that number holds, this would turn out to be the best earnings season we've seen in nearly a decade. and, get this, the median home price in the hamptons out on long island has fallen below $1 million. second quarter sales down 12.8% compared to a year ago and the median price has fallen by 5.3%. how will they make ends meet there, tyler >> i don't know. i guess it gets a little easier now with the prices coming down, bill we're going to begin with trade. president trump doing a lot of tweeting about trade, tariffs, and the economy. kayla joins us from washington with the very latest hi, kayla

bill griffith is so interested in this story.aven't seen him like this in ages >> i am getting a lump in my throat right now i have to say. this is -- i can't wait. >> did you notice he is on a first name basis with julian and -- >> yeah. well, we'll have to have you both here. they asked about all of you guys, and we're sorry you couldn't be here, but they'll join us in the next hour and we will talk to them about this incredible ride they've had over the last -- this is almost 60 years old since the original four seasons was founded you know, why is it that even though many restaurants in new york have better food, great locations, why is it that this place, the four seasons, retains that magic with the very elite a lot of it has to do with alex and julie. we're going to talk to them about how they deal with these personalities. >> i cannot wait you know what, it looks fantastic. >> it does >> i didn't know what to expect, but that is just exquisite i can't wait see you next hour. >> see you in a bit. >>> i'll bet this person a