surprising new economic news. depressing new healthcare news. a big week in politics and gay rights. "washington week" gwen: a topsy-turvy economy. are up but so is the jobless rate. but spending is down. what is the problem? needs to stop throwing up obstacles in the way economic growth. gwen: on healthcare, even a ocrats are searching for fix. >> why keep limping along? just shut it down and put it together the way it together.put >> there is no words to describe the frustration we all have. am sorry that they are finding themselves in this ituation base on assurances they got from me. gwen: will apologies be enough? races governors delivered different messages. for virginia. night. a great >> for new jersey. and for 2016. know that if we can do this n trenton, new jersey, maybe the folks in washington, d.c. should tune in their tv's right done.d see how it is gwen: the senate moves to ban againste discrimination homosexuals. >> it is about opportunity, about whether every american dream the same dream, chase the same ambitions, and the same s

what we've had in the last number of weeks is better economic news, the fears around washington fading and the markets price the rate expectations, all of which puts them back on track for tapering if we get good numbers in terms of the labor market at the next one or two reports. >> but ben bernanke is constantly having to defend the fed for sending what is perceived to be mixed signals. one in the spring, setting a timetable and the argument and now talking perhaps about changing the benchmarks they will use to determine when. is this a fed trying to deal with changing market conditions, or is it a fed that's losing credibility? do you think? >> i think it's a fed that's struggling to hit the right notes on a communication strategy, which has had two different pieces to it. one has been about the quantitative easing and that's been about momentum in the economy. the other has been about rate guidance, which is about inflation. it's been about getting the unemployment rate down and healing the economy. they tie the two closely tonight and the delinking they are trying to do is complic

recently did young economic news report on the large revenue that advertises to bring in these people risk their lives winter busy traffic and no card but to make around three hundred yuan for nearly fifty dollars for every three thousand car. why are the employers willing to pay them that much money just for handing out cards. most of these very profitable card for advertising legal services. but nothing like drugs prostitution were more common bite. instead they're selling fake invoices up taking four hundred d the fraudulent banning printed out on it the printer with the name of the requested company and of a specified amount. these disputes are valuable. there you can get reimbursement for one company. as jay z on economic news and updated mostly companies charge a large range of prices from the illegal they can't wait to purchase one company to mingle building materials company charges one point five percent of the anglican faith on you for everything the decline after a peace envoy under twenty thousand un around three thousand three hundred dollars to one point five percent of

you kick us off. >> it's been about economic news and it will continue to be about economic news.be strong and will the fed be able to taper in december or march? tomorrow's small business confidence report will be absolutely critical towards that. the same store sales report a little bit as well. that's going to be the key driver tomorrow. markets might be a little top heavy right now but i expect them to go much higher over the next 12 months. >> pete, you e're up. >> we, too, are looking at the small business index. confidence dropped in september. the biggest reason was pessimism. we here are a small business and we think that small business drives economic growth. things like faperring, rising interest rates, consumer confidence, gridlock in washington. >> okay. great. we will watch that tomorrow and of course from here on out. we will take a short break and when we come back we have more live next. stay with us. back in a moment on closing bell. peace of mind is important when you're running a successful business. so we provide it services you can rely on. with centurylink a

surprising new economic news. depressing new healthcare news. a big week in politics and gay rights. "washington week" gwen: a topsy-turvy economy. are up but so is the jobless rate. but spending is down. what is the problem? needs to stop throwing up obstacles in the way economic growth. gwen: on healthcare, even a ocrats are searching for fix. >> why keep limping along? just shut it down and put it together the way it together.put >> there is no words to describe the frustration we all have. am sorry that they are finding themselves in this situation base

new record high. so, guys, is this the green light for economic growth? or should you be fading the optimism? do you think, guy adami? is good news good news? >> clearly. josh i'm sure has strong feelings about the job numbers. i think these numbers will be a little lumpy the next couple months. we'll see, i don't think the economy is getting that much better. i think there's been a lot of cross currents in the data. clearly the market wants to go higher, i thought we would test the 1740 level in the s & p, i didn't think we would rally, maybe we would bounce but not see the rally. next week is an important week. next week could be as important week technically as we've seen in a while. i think next week will tell the tale for the next 100 s & p points. >> these job figures were bigger. everybody was overlaying it saying was taper going to happen is it not? everyone is resigned to the fact taper will eventually happen but they don't care right now. >> do you agree, josh? >> you know, it's really dangerous to take one jobs report and extrapolate it. first of all, they will revise this thing se

more economic news to drive stocks but positive data out of europe didn't hurt. microsoft helped too. a different story at nasdaq. the electric car maker tesla fell nearly 15% after yesterday's earnings report and forecast. here is a look at today's closing numbers,ç the dow up 1 points ending the day at 15,746 and the nasdaq lost act eight points and the s&p 500 up seven. one point away from its own record closing high. >>> well, with the dow at a record, what's the one thing that could derail the rally? we will ask top market strategist joe duran what concerns him the most later in the program. >>> it's almost here, the initial public stock offering for twitter. the most highly anticipated ipo of the year and a micro blogging service will price the shares tonight ahead of tomorrow's debut. estimates now call for a share price as high as $7 a piece, above the range of 23 to $25 and that was already raised from earlier estimates just days ago. twitter, which has yet to turn a profit currently makes money from advertisements but anxious investors are asking how w

despite having a pretty good harvest so so that's that's that's three pieces of of unfortunate economic news but i think actually there's a pretty good strategy out there i think that we shouldn't over interpret the bad news so to go through them first of all the growth a lot of the driver of the slowdown has been the government putting the brakes on government spending and that process is a. so i think the slowdown in investment will pick up a little bit. and that will help growth pick up a little bit next year on inflation i think we have a central bank that's building credibility it's got a difficult inflation target next year but it is we think possible to deliver it with a prudent budget keeping military growth under control with a good harvest with a utility. freeze or cap on price increases so on growth we see it being better on inflation we seeing it being better i think that the biggest change maybe on the ruble where with the we could current account and still high inflation compared to what we see in america and and europe we're probably going to see the ruble weakening more rapid

again despite having a pretty good harvest so that's that's that's three pieces of of unfortunate economic news but i. i think actually there's a pretty good strategy out there i think that we shouldn't over interpret the past and use soap to go through them first of all the growth a lot of the driver of the slowdown has been the government putting the brakes on on government spending and that process is now over so i think the slowdown in investment will pick up a little bit now and that will help growth pick up a little bit next year on inflation i think we have a central bank there is building credibility it's got a difficult inflation target next year but it is we think possible to deliver it with a prudent budget keeping military growth under control with a good harvest with a utility. freeze or cap on price increases so on growth we see it being better on inflation we seeing it be it being better i think that the biggest change maybe on the.

sale as economic news korea's consumer prices grew at their slowest pace in fourteen years in october saying his ear percent range for a second straight month statistics korea said friday that the nation's inflation rate edged up just zero point seven percent last month from the same period a year earlier slowing from a zero point eight percent gain in september. the figure marks the slowest yearly growth since july nineteen ninety nine when consumer prices grew zero point three percent the agency attributed the slow growth to a drop in the prices of farming and petroleum products. and here's the result of an assessment by the international monetary fund of korea's overall economic conditions the imf has decided to maintain its growth outlook for next year and three point seven percent say it has fared well despite the recent financial turmoil ign reports. thus officials say korea has weathered the recent global uncertainties in financial turmoil relatively well. and it's been a well positioned to both benefit from the global recovery but also withstand any any for the terminal or mor

but they have one important thing in common hope for the market in china and that's why positive economic news from china made the streets as the biggest banks pianist this monday the services sector in china is going more than i was hopeful cross at the chinese peasant made optimistic statements about the quilt perspectives of the country of course there were also a few significant loses on the stock trading gold this monday. ryanair for example you to the disappointing quo for cost and blackberry because the planned takeover of the mo but computers make up was called off. identifies as an avid to report on monday's trading. as for today's trading. here are the numbers and they don't look good in frankfurt there was some profit taking after stocks were trading at record highs on tuesday they settle the day about three tenths of a percent lower in frankfurt and there were a little bit deeper and the red for the euro stocks fifty over in new york the dow jones industrial average is still currently trading and is about unchanged at fifteen thousand six hundred and thirty eight. as for the euro d

and that's why positive economic news from china made these three says the biggest dax gained is this monday the services sector in china is going more than i was hopeful costs and the chinese peasant made optimistic statements about the quilt perspectives of the country of course there were also a few significant loses on the stock trading gold this monday. ryanair for example you to the disappointing growth will cost at blackberry because the planned takeover of the mo but computers make up was called off. the blues mentor us from the french eggs and here are some in the mess we are now standing in front of the gemini is dax clash at nine thousand fifty seven the budget more than a shed the euro the music stage the old store and it's up a share higher at ten thirty sixty one. monday she emailed the dow jones industrials coveted fifteen thousand six hundred and twenty seven and the url is traded for one you're still a bit too high the team. we've just heard from contact with the shares in europe's biggest budget airline ryanair has plunged in response to its latest profit warning in

. >> a lot of economic news in the day. mentioned the survey and the partial government impact had no imsxakt with regard to households, some of the estimates clearly reflect a impact of the partial government shutdown. we'll make sure we are accurate on ha and difference in employers and households from a moment ago. what is happening? >> we'll check in with gretchen charleson. >> happy friday. why is twitter blocking the website for post cancellation letters? the woman joins me with a story here and the pres good enough to hitch a ride with on air force one and senator landriuditching the speech. plus, too fat to fly. a 500 man got here in the u.s., but can't get home. we'll tell you why in the top of the hour. >> thank you, gretchen. >> new allegations in the nfl scandal. johnathon martin releasing a statement saying that his client suffered harrassment and not just one player, but for the entire season and half he was with the dolphins, he attempted to befriend the same time mates that subjected him to abuse with the ho

good economic news is good news all the way around. could likely push the fed a little closer.eting is in december. after we got through the shutdown with a better than expected again, a gain of 200,000 jobs this month. if we get that, the likelihood of a bond move in december is very high, according to analysts on wall street. >>> got the 5s and 5c selling for apple now. they've only been on the market for a month and a half. looking at the indication iphones to come out second half of next year as they tend to do. our report apple is working on larger display screens, something a lot of users, analysts have been calling for. expectations we would see this in the latest it ration of the iphone. looking at screens of 4.7, 5.5 inches. heard a lot of other companies selling phones that big. . >>> the dow dropping by 1 point, nasdaq down by 6. s and p lower by about 1 point. apple shares moving lower by a half percent. michelle and frank back to you. >> jason brooks, thank you. >>> 6:44. >> maybe a holiday, but you are one busy lady, aren't you? . >> we have been since we got on t

the p five plus one group who woke i was about iran speak their ambitions and sanctions clear economic news here in the year is an end disappointing news on the strength of the recovery the european commission trimming fact it's a great full cost for twenty fourteen and no one percent to eight an anemic one point one percent. brussels warning unemployment was there remained stubbornly high leaping up slightly. it's the last two twelve point two percent. do us no one said to be the end of the year of ages in new york hospital that balance in the mayoral election tuesday. up to twelve years of being and michael bloomberg's ten yet the changes in the democrats' candidate build a blazer holding a massive fourteen point lead in the opinion polls show the sit on this the winter blahs ceos walk down this program and the new one home the night he looked as if the bill had already won the votes. the candidate for the new york mayor's office and his wife watched the rain finding supporters in the ground the progressive democrats showed a lot of confidence the light. it's really a very good about life

i do think that the economic news is going to continue to look a little bit better. we had a terrific chicago purchasing manager's index last week, great new york ism today. those kinds of numbers will drive some taper talk. we had the ten-year treasury back up from 250 to 260 last thursday and friday, so i do think that's coming, and with the market up 24%, we're probably positioning ourselves for a little bit of a pullback, 2, 3 to 4%. but then i do think that the market will push higher. individuals have begun investing many in stocks with some greater interest in recent weeks. we see that in the flow of funds numbers into equity funds, so i think we will have a year-end rally, but i would be very cautious thinking that a pullback is also quite likely, and it's likely to be driven by taper talk. liz: howard, i look at your performance, and let's just say the s&p 500 is up 24% year-over-year, the dow's up about 19, 20%. you're up 27%. that's got to be one of your better years. you've been doing this a long time. >> will well, liz, you know, the good years come, and

we get good economic news pretty much every day. we also get some mixed economic news pretty much every day, so it's not happening as fast as we would like it to. it's not happening in every sector of the economy and every sector of the economy like we would like it to, but it is happening, and one of those bright spots is manufacturing. last year, manufacturing contributed $1.87 trillion to our economy. $1.87 trillion in manufacturing, that's how much a difference it made in our economy. there are 17.2 million u.s. jobs, that's jobs in this country, one in six private sector jobs are tied to manufacturing. it also provides a very strong return on the investment we make. so if you invest a dollar in manufacturing, what it does is it adds $1.48 back into the economy. america is a powerhouse when it comes to manufacturing, and we need to keep it that way. everybody knows, you look at all the studies, the united states is the world's largest manufacturing economy. in fact, if you just took manufacturing and put everything else on the s

if it closes at an all-time hi high, stocks will be seeing boosts from positive economic news and that's why stocks are still trending higher at this hourment. >>> elvis has new management. the rights to his work has been sold, the new owner, authentic brands group which also owns "american idol," miss music, memorabilia as well as graceland, his hom home, the amt paid has not been disclosed. >>> sales improved each successe month. >>> sales of pre-owned opens fell. average price rising to just under $200,000. the rate for a 30-year fixed rate mortgage has been just above 4% since june. like it's rival home de home de, lowes had sales rose 6% and expects the rest of the year to be strong as well. >> meteorologist: i'm meteorologist dave warren. we're looking for light snow from the specific northwest. it does not look like much on the radar but there is moisture coming in from the pacific. rain falling in oregon, california, and parts of idaho. once you get to the colder air and higher elevation, you see some light snow come down here. maybe a few inches possible. there is a winter weath

in return tehran wants to ditch the economic sanctions it claims are strangling the economy. >> new this morning a 6.5 earthquake has hit in the south pacific. it happened around midnight our time. the quake could be felt in fiji and tonga but there are no reports of damage at this point. the pacific tsunami warning center did not issue a warning, saying the quake was centered too far underground. >>> a bay area man held captive in north korea may be the victim of mistaken identity. north korean officials admitted they are holding merrill newman but there is another korean war veteran with the same name. he is 84-year-old merrill h. newman from oregon. he won a silver star during the war. merrill newman's wife issued a statement begging north korea to release her husband. he has been held since late october. >> in the south bay the naacp will team up with san jose state officials on monday to address racial tensions on campus. it comes as a fourth student has been charged with a hate crime and battery against his roommate. they called him names with slave references and put nazi symbols

stocks closing lower today, as positive economic news was negative for the market.ith worries of a strong economy could end fed stimulous, and soon. on the flip side, your bloomberg silicon valley closed slightly higher today, google glass getting into music. a feature can let users use google play library and listen to favorite tunes just by talking to glasses but larry, i need to warn you this only works with google glass, not ray bans don't go talking to your sunglasses it doesn't work. back to you. >> thank you, cory. i'm often seen talking to myself. >> he is >> manhattan's one world trade senter now the tallest building in america the so called freedom tower is 1776 feet tall, taller than chicago's willis tower, you may remember it as sears tower. however, some critics aren't buying this. without the spire the freedom tower is 83 feet shy of the willis tower's height. but the height committee of the counsel on tall buildings and urban habitat whoshg knew the group existed says the spire is a permanent part of the building so it kouvenlts >> maybe willis tower

new economic policies happening there. would you put money to work outside the u.s.? >> well, i definitely would. especially in a tactical sense or in a good diversified fund that has the manager who's proven they're able to turn over the stones in places like europe, asia, maybe even inside the emerging markets. but i would do so in sort of a stair step fashion. you want to be certain that the economy, especially the eurozone economies, are able to turn themselves around. they're heading in the right direction. but they did just take a recent stumble. >> all right. heather, in terms of taking a stumble, some of these big momentum names that have been driving these markets all year, the teslas of the world, are we done there? do you think we see more money move into the momentum names? >> you're right. >> is momentum take over again? >> i just don't see the growth yet here as much as i'd like to be a cheerleader on those high beta names. when interest rates do rise, typically the industrials and technology outperform, right? with a slow growth environment, you have 73

mitt romney a forme healthcare advisor nexx >> on wall street, sharp sell-off despite positive economic newsor the most part. and that ahead of tomorw's jobs report could dow down 153, s&p down 23, nazdaq fel 75-pounds, the economy, speaking of good news, grew 2.8% in the third quarter. growth limited b consumer spending that was the smallest in -- smallest increase in 2 years. twitter made auccessfu debut and trading on new york stock exchan, second largest technology ipo ever shares, sored 73%. but closed just below opening price of $45.10. company priced its ipo ats there are tech stocks $2 ashare. stay with us, one of history's biggt, strongest typhoon is making landfall in the philippines, packing 200-mile an hour winds, we have a full respect for you next. >> -- full hospital for you ne. >> president obama foreign policy is becomingn adventure, wait until you hear whatis administration is planning for iran. ktmcfarland next. this is the quksilver cash back card from capil one. it's not the "limit the cash i earnvery month" card. it's not the "i only earn decent rewards at the gas stati

the market always faces this point, right, where good news at first is bad news and good economic news becomes good news. >> good news is good news this morning when i looked at -- >> the market is up. >> i think it depends on what that december jobs report is going to say for the november for december. >> what does it mean for investors? >> i think that -- >> bond investors selling off. >> if people are going to look through this number and say what michele said, that less fed tapering is not as important to me as more job growth, more people who can afford mortgages, more people who can -- who will spend money alt retail stores, that's the kind of thing that would drive earnings rather than the concern about taper. >> michele, you've been delving on obama care, the health care, affordable care act. is there a nexus between today's job number and health care? >> we talked about this morning. we saw a big increase in retail hiring and hospitality sector. there is delay for businesses that have more than 50 employees, they don't have to provide health care starting january 1. retail is

that that would be good economically for new jersey. e state senate in massachusetts today voting that massachusetts should move to a state-wide 11 dollar an hour minimum wage, because that would be good economically for the state of massachusetts. and this week in the united states senate, senator elizabeth warren of massachusetts made a widely circulated senate floor speech, making the case that the era of fighting about cutting social security is over. and now it is time to talk about expanding social security. at the very least, that used to be beltway heresy. senator warren now joins us, senator, thank you for joining us, nice to have you. >> it is good to be here. >> so why now? why do you think now is the time to talk about this when all we've heard from the very serious people in the beltway forever is that it is time to cut it. >> because it is time to talk about reality. you know, america's middle class has been hammered for a generation now. so adjusted for inflation, the wages of the middle class family have gone down. and ye

planes circled overhead to my attention police mean well the decade to read the great john sees his new economic and social challenges the green party is thinking and planning you were for us and there is a lot of ground to come. new land policy it's number doubled financial reforms. wind to make a breakthrough. what is the government's stance. and how can each strike a balance between speed and stability watch our special coverage on the third plenary session of the eighteenth century committee of the communist party of china called on cctv i am. the show he means business. that is cctv new sweet air of tension down to the decision made at the recent key policy meeting of the calmness party of china. the central committee plenary session which ended on tuesday to address major issues sorry for him. darn sixteen articles with a sixty activists. now we could for him is he and the gunman was not intervened too much in the market. the country must rely on the people in keeping with foreigners and promote the overall development of the people. i will state to the dominant role of ownership playing t

one day the economic news is pretty good. the next day it's pretty bad. sometimes on the same day it's good and bad. what is the state of the economy in your mind? >> i think the economy is a mess. you talk about jc penny's turn around. it's losing millions. the revenue is below from where it was last year. the stock price is down 90% since 2007. i mean, talk about turn around is premature. the main problem for j this, penny is a lo is the same you problem a lot of retailers have. many can't shop at jc penny. they're loaded up with debt, auto although loans, student loans, and mortgages, america is broke. >> america is broke. we have minutes and there is discussion among fed policymakers about when to stop the program. >> they're never going to stop. they have to talk about stopping, it's impossible. >> let me cue up the question, and then you take it up. >> qe forever. is it possible? is it likely? >> it's not possible. the market will put an end to it eventually. the federal reserve won't. the fed will delay it as long as possible because it doesn't wan

economically. apparently the new data ship is rather keen on economic reforms you know coming panda remeeting of a central committee it is expected to discuss the economic development strategy for the coming ten years or so see typical add on to new leadership as the first to preen omes tended to deal with person no arrangement so i think be brought the rest of the economic form quite well defined the real challenge is effective policy implementation as these reforms will bound to come across resistance our best interests at the same time this is also a matter of putting out a power rickey's because their leaders certainly can't handle too many things within the star peter time at the moment we do not see any intention to engage in serious political reforms the new do seem to be appeasing the left and right while maintaining balancing strategy. all right joseph chang passer a political science at hong kong city university thank you so much for giving us your perspective on the stray ssion in china and we'll be back with more news right after this break stay with us for. world. technology innovatio

hearing for a man accused of burglarizing the home of nicolas cage's former girlfriend. >>> in economic newsd reports it has laid off part of its staff in emeryville. fewer than 60 people were let go due to the postponement of its next animated feature. pixar is owned by disney, the parent company of abc 7. >>> new this morning, president obama says the u.s. economy is improving, even if it's been overshadowed by political gridlock and the messy rollout of his health care law. in his weekly address the president says jobs have been created, the auto industry is recovering and deficits are falling. he's trying to be upbeat in the wake of his administration's failure to create a functioning health care website. >> our businesses have created 7.8 million new jobs in the past 44 months, another 200,000 americans went back to work last month. the american auto industry has come roaring back with more than 350,000 new jobs, jobs turning out and selling the high tech fuel-efficient cars the world wants to buy. >> for the republicans, texas congressman mike burgess says the u.s. should scrap obama c

yellen is out of way and given her a little bit carte blanche, other than a huge upside from economic news i don't see that coming that larry mentioned. >> trader mentality in both discussion and what bob just said the fact of the matter is the stock market as a whole has been inflated and held up by the fed. can question is has the fed done the job sufficient to backstop the economy and continue while professional traders like can you identify, low i've been in this business 30 years, you look for a correction but you have that reticent of a market that climbed the way it has. >> cramer is in the popular camp that says the fed will stop easing once the economy is better and that will give rise to the stock market even further. what if fed policy driven for five years time actually suspect as effective as we want it to be. >> can we -- the treasurey market did not work effectively. their own fed studies pointed out it didn't work. that being said, the fed missed its opportunity to taper the first time. been forced to back track. fact of the matter that's going to happen and rising interest

that from the man himself coming up while there is hope for an economic boost from black friday shoppers the future may still be dire the new book the crash of twenty six tina warns of a future economic catastrophe brought about by the dealings of wall street bankers and the government the book's writer tom hartman tells us more later in the show. it's friday november twenty ninth four pm in washington d.c. i'm meghan lopez and you are watching r.t. well starting off this hour the russian ambassador to the u.n. claims his interview was censored after an appearance on c.n.n. but ali churkin says c.n.n. made significant cuts to his interview with christiane amanpour which aired on tuesday night churkin says the network cut the majority of his commentary about the situation in syria and his assertions that a number of people in the country support president bush are all off saud c.n.n. has since published a full transcript of the interview on its website and also offered this statement to our t. the encore team conducted a lengthy interview making it clear that it was taped and would be cut down for a length and time on air th

all of this fueled by positive economic news, solid corporate earnings and the fed keeping up with its ease of money policy. so that is information that at least good news there for wall street and for the economy. still ahead on "news nation" -- new mexico's police chief pledging to thoroughly investigate this shocking video. a traffic stop that ends with an officer firing at a mini van with a mother and five kids inside. plus, the war of the cheney sisters, mary cheney and her wife hit back at liz cheney's opposition to gay marriage. mary saying her sister is quote, just wrong. what the former vice president said in a statement issued only minutes ago about his two daughters going at it. join our conversation on twitter. you can find us at tamronhall and at news nation. and it feels like your lifeate revolves around your symptoms, ask your gastroenterologist about humira adalimumab. humira has been proven to work for adults who have tried other medications but still experience the symptoms of moderate to severe crohn's disease. in clinical studies, the majority of patients on humira

behind closed doors and thrashing out a blueprint for economic reform. >> when chinese president xi jinping came to office, he was heralded as a newce to change china's economic direction. but what's happened so far? >> he has talked many times about reforms he sees in power. but so far we have seen few reforms. >> will this weekend policy meeting be his turning point? it's seen as an important conference in a chinese leader's turn when economic policies are formed by the communist part elite. the conference this year is being touted as one that will be as dramatic as 1978 when the great reformer signaled a new market oriented direction for china. >> '78 was exactly the same. if you look at the paper of the plan which decided the open reform. you wouldn't find a lot of reason in it. but at the same time, a lot happened. >> investors are showing xi takes the economy to its next stage, transforming it to rely less on investment and more on consumers for balanced growth. this means dismantling state-owned enterprises, pushing policies like social security to get people to send and opening up service industries like the banks. so far,

some encouraging economic news this morning. commerce department says that retail sales in october rose a much stronger than expected .4% occurring while the federal government was partially shut down. also came after a flat reading in september was the strongest gain in four months. and when you strip out gas prices, which fell by quite a bit, the core rate was up by a .5%. those falling gas prices also pushing consumers side inflation lower. the labor department's consumer price index out and it fell by 1/10 of a percent in october. gas prices were down by 2.9%. biggest decline since april. the core rate up a very modest 1/10 of a percent. that continues to give the federal reserve cover as it keeps its benchmark interest rate at its current low. stock market off to a decent start this morning. the dow going to try for 16,000 once again. it pushed above that level the past two days unable to hold on though. let's see how the numbers are doing now. the dow was positive but now it's down by about 10 points. nasdaq meanwhile is u

news for the people here. germany is the only really big country economically in the eurozone still with a triple a, and there are two minor countries as well, so not good news in total, but the analysis, the optimism showing on spain -- that was good news, so that counteracted the dutch news. the dax was able to register a new record high, climbed over 9400 points for the first time in its 25-year history. certainly the high level still a result of lots of support from the central banks around the world but also from the coalition agreement between the conservatives here in germany and the social democrats. some critical point here, but lots of praise from the investors as well. >> here's a quick look at the numbers for you now. beginning in frankfurt were germany's dax ended the trading day at 9405. euro stoxx 50, however, lost .2% . across the atlantic, dow jones industrials currently at 16,000 86, slightly negative territory there. on currency markets, the euro is trading for $one point 3584 -- $1.3584. >> the first drop in the eurozone jobless rate in 2.5 years. >> the number of people out of work remains

in economic news, u.s. factory output expanded in october, at the best pace in two and half years. that word came today in a closely watched survey of purchasing managers. and major auto makers reported solid gains in october as well. chrysler, ford, g.m. and nissan posted double-digit sales increases over the previous month. on wall street today, the dow jones industrial average gained nearly 70 points to close at 15,615. the nasdaq rose two points to close at 3,922. for the week, the dow rose three-tenths of a percent. the nasdaq dropped half a percent. still ahead on the "newshour": iraq's prime minister visits the white house seeking help to curb growing violence back home; the one out of seven americans on food stamps now must get by with less; the race for virginia's next governor heads into the home-stretch and shields and brooks analyze the weeks news. we turn now to iraq. that country hit another deadly our chief foreign affairs correspondent margaret warner reports. another deadly milestone today as it's leader came to the white house looking for help. >> warner: today's