i'm tyler mathisen. >> i'm sue herrera, filling in tonight for susie gharib. the day started out with a pleasant surprise. the economy grew at a 4% annual rate last quarter bouncing back nicely from the sharp winter contraction but it put market watchers on edge. could a strengthening economy force the federal reserve to act sooner rather than later. the prospect of higher interest rates sent stocks lower and few direct hints were given. fed's fatigue set in and that sent traders to the sidelines. by the close the dow fell 32 points to 16,880, the nasdaq helped by strong twitter results, rose 20 points to 44.6 and s&p 500 had a fraction l gain. steve liesman has more on today's fed meeting and what may come next. >> the federal reserve tapered by expected $10 billion and brought bond down to 20 billion, it was 80 billion in december and there was a hawkish tilt to the statements brought about by some better economic mnumbers w got. the philadelphia fed said he thought the current statement did not reflect the improvement in the economic numbers. the fed said t

and i'm susie gharib. good evening from me, as well. media mergers were the talk as murdoch made it clear he has a new target, timewarner. murdoch made a big bid. he offered $80 billion but timewarner rejected it. it doesn't mean the story is over, far from it. many believe the price tag could go higher and if the deal gets done, it could prompt a wave of mergers in an industry a lot of ways. the stocks went 17% and had impact on 21st century fox which that dropped 6%. what is it about timewarner murdoch wants? does this deal make sense and which companies might be next? julia boorstin has the story. >> reporter: murdoch combining rivals with key complementary assets. fox bringing the broadcast network and cable networks, fox news and fx. while has an unprecedented cable asset, hbo and tbs and tnt. there is also a sports story in this proposed merger. timewarner's tnt and tbs controls rights to nba basketball and fox has been investing to build a sports empire to rival espn with the launch of fox sports 1 last year. less complementary a

. >>> this is "nightly business report" with tyler mathisen and susie gharib. >> hiring sprees, private businesses add more jabs than expected last month increasing optimism about tomorrow's employment report. >> traders can find value in this record-setting market. >> side effects, are discount prescription drugs not purchased at pharmacies safe? the results of a six-month investigation. we have and and more tonight on "nightly business report" for this wednesday, july the 2nd. >>> i'm bill griffeth in for tyler mathisen tonight. >> i'm susie gharib. good evening from me, as well. more americans are back on the job at the office, at school, at the mall and at construction sites across the country and that's raising expectations for a strong june jobs report from the labor department tomorrow. adp reported today that private sector employers added many more new workers than expected and the most new jobs added in one month since november of 2012. gains were seen in every sector of the labor market with small firms, those with fewer than 0 employees hiring the most. hampton pearson has m

appreciate that. >> we do. >>> i'm sue herrera in for susie gharib. thanks for joining us. >> i'm tyler mathisen. thanks from me, as well v. a great night, everybody. we'll see you tomorrow night. . great night, everybody. we'll see you tomorrow night. ev. a great bo. a great night, . we'll see er a great n >> this is "bbc world news." -- this is "bbc world news america." >> funding of this presentation is made possible by the freeman foundation, newman's own foundation, giving all profits to charity and pursuing the common good for over 30 years, kohfer foundation, and union bank. >> at union bank, our relationship managers work hard to know your business, offering specialized solutions and capital to help you meet your growth objectives.

i'm susie gharib. >> i'm bill griffeth in for tyler mathisen. we have two big stories leading the news and both indicative of a strengthening u.s. economy. for the first time ever the dow industrial average broke through the 17,000 milestone after news the economy added more workers, pushing the jobless rate to the lowest level in nearly six years. employers added 288,000 jobs last month, the fifth straight monthly gain of more than 200,000 sending the unemployment rate this time around to just 6.1%. average wages are rising by 6 cents an hour. with the markets closing at 1:00 p.m. eastern time ahead of the july 4th holiday, investors rallied. the dow was up 92 points at the close, a new record high of 17,068. the nasdaq closing at a 14-year high and s&p added ten. that's also a new all-time high for the index. we have two reports tonight. bob tells us about the dow reaching the 17,000 mark, and what it means for investors and the economy, but we begin with hampton pearson and a closer look at the june jobs report. >> reporter: june's robust emp

. >> and i'm susie gharib. well, the first six months of the year are in the books, and the gains by the major indexes are nothing to sneeze at. the s&p and nasdaq gaining around 6%. and while the dow didn't do that well, it still climbed more than 1%. so not quite the fireworks from last year, but still solid gains. >> that's not so ancient history. history, nonetheless. tonight we look ahead to the second half of the year and what to expect in everything from housing to stocks to the economy. >> and that's where we begin tonight, the economy. harsh winter weather severely hampered growth in the early part of the year that was in the event that eye-popping number showing the economy contracted nearly 3% in the first quarter. but then slowly the economy seems to be finding its footing again. so does that mean we're on track for stronger growth in the second half? steve liesman takes a look. >> here is what to watch for in the economy in the second half. the best guess is that the economy and jobs will both stre

i'm tyler mathisen. >> i'm susie gharib. have a great evening. we'll see you back here tomorrow. >> this is bbc world news america. >> funding of this presentation is made possible by the freeman foundation. the newman's own foundation. kovler foundation. union bank. >> our relationship managers work hard to know your business. solutionspecialized and capital to help you meet your growth objectives.

susie gharib has the night off. an economic war of words in russia escalating violence and a scuttled seize fire deal in israel and a sell off in stocks took the market down today, sharply lower. two stocks in particular dragged down averages. shares of amazon.com tumbled after disappointing earnings while visa warning of a weaker quarter ahead was the biggest decliner in the dow. it fell 3.5% and accounted for nearly half of the blue chip index' losses. not even a boost for durable goods last month could help the markets much and at the close the dow was down 123 points closing back below 17,000. the nasdaq lost 22 points and the s&p 500 was down nine. for the week, the dow ended lower, the nasdaq and the s&p both ended higher. joe duran joins us to talk about the markets and what lies ahead. joe, welcome and good as always to have you back. as you look ahead to next week, what will have you have your eye most especially on? >> i think two things that are driving the markets right now, one is the obvious one, all t

i'm tyler mathisen. >> i'm susie gharib. have a great evening. we'll see you back here tomorrow. >> what if i told you that you could change your life in just 10 days? the 10-day detox is the fast track plan that will help you not only shed pounds, but put an end to chronic health problems. i want to teach you how to remove all that cleverly concocted junk that's sabotaging your metabolism and brain chemistry. i want to help you lose weight and i want to help you get healthy once and for all. just give me 10 days and your life will never be the same. [cheers and applause] >> dr. mark hyman is a family physician, best-selling author and internationally recognized leader in functional medicine. in this program, dr. hyman will show you how to use food as powerful medicine to reset your

>>> this is nightly with tyler mathisen and susie gharib. >> the big exit, did the federal reserve offer hints how and when it plans to hike interest rates and exit this historic era of loose monetary policy. >> wheeling and dealing, where mega deals get done and this year is turning out to be it. >> and money matters, the teenagers have the know how how to make sound financial decis n decisio decisions. that and more tonight on "nightly business report" for wednesday, july 9th. >>> good evening and welcome. when the federal reserve speaks, wall street listens and today's release minutes from the federal reserve's policy meeting with an encouraging start to earnings season with alcoa reported profits. they combined to send stocks higher. the bankers seem to agree on when to wrap up the latest bond buying stimulus plans but differed on when to raise short-term interest rates. despite that, investors like what they heard. the dow closed up by 79 and the nasdaq up 27 and s&p added nine. steve liesman has more on the minutes from the latest policy meeting and what the central bankers are thi

>>> this is "nightly business report" with tyler mathisen and susie gharib. >> apple tops the targets but does it have a revolutionary product in the pipeline that will wow investors and consumers? >> battle ground stock. herbalife shares have the best day ever after bill ackman failed to deliver what is being called a death blow. >> two courts issued different rulings on a central component of the president's health care law. subsidized premiums. >> all that and more tonight on "nightly business report" for tuesday, july 22nd. >>> good evening, everyone. i'm sue herrera filling in for susie gharib. >> and i'm tyler mathisen. welcome, everyone. stocks rose today and got a boost from positive earnings, strong economic data and easing worries about the global economy and how it might be affected by international conflict. add it up and it was enough for the s&p 500 to reach a fresh high before pulling back ending two points away from a historic close. after the closing bell, attention turned to the latest quarterly earnings from the tech bellwether and the most valuable public traded co

. >>> this is "nightly business report" with tyler mathisen and susie gharib. >> knocked back, the dow jones industrial average losted a gain after a worldwide conden nation from the downed passenger plane. >>> returned to its roots, transformation bringing back energy to its share price? >> special delivery, fedex indicted on drug trafficking charges. what could that mean for the company and shareholders? that and more for "nightly business report." >>> good evening, everyone, i'm sue herrera filling in for susie gharib. >> i'm tyler mathisen, welcome to all of you. a striking and unexpected turn around in the market today with stocks rebounding from yesterday's big sell off. the snap back came despite growing concern about global terrorism and worldwide condemnation of the downing of that malaysian airliner yesterday but the u.s. believes ukrainian separatists backed by russia. at the white house today, president obama revealed one american, a u.s. and dutch citizen was on board the downed jet while he called for a seize fire by russian separatists and a thorough investigation into t

i'm tyler mathisen. >> i'm susie gharib. have a great evening. we'll see you back here tomorrow. >> the following kqed production was produced in high definition. [ ♪music ] >> in san josÉ a new gallery is dedicated to showing only local artists. >> cherri lakey: a lot of these people that work in those corporations are also artists. >> you've undoubtedly heard but did you know that its revival may have started in berkeley? >>> and experimental music pioneer pauline oliveros. >> pauline oliveros: one of my major accomplishments in life was going beyond fear through music. >> this time on spark. [ ♪music ] >> major funding for spark is provided by the william and flora hewlett foundation, supporting creativity and innovation in the arts since 1967.

>>> this is "nightly business report" with tyler mathisen and susie gharib. >> vital signs, wells fargo hit by a drop in mortgage lending, what that says about the health of the housing market and one of the nation's largest banks. >>> tech talk, next week's earnings focus, technology companies, expectations are high, so will the numbers measure up? >> and the doctor is in, why senior physicians are using a computer for routine visits might be just the beginning. we have the second and final part of our series, telemedicine. that and more for "nightly business report" for friday, july 11th. >>> good evening, everybody and welcome. the first of the major banks to report profits did so today. wells fargo, the biggest lender overcame a drop in revenue to report profits of $5.3 billion. mortgage originations were way off, down 58% as refinancing basically dried up but profits were helped by stronger lending overall, securities trading and lower loan loss reserves. still, investors pushed down the stock of the nation's most valuable bank. it closed about a half percent lower as analyst point

>>> this is "nightly business report" with tyler mathisen and susie gharib. >> early fireworks, the dow pushes towards 17,000 on the first day of the trading of the second half. with that milestone, what will the rest of the year bring? >> defying predictions, people flocked and drove off with more vehicles than expected despite the recalls. >>> behind closed doors, a look inside the room where google is quiet ly trying to take on twitter. that and more tonight on "nightly business report" for this tuesday, july 1st. >> i'm susie gharib. >> i'm bill griffeth in for tyler mathisen again this week. >>> wall street kicked off with a bang, a record-breaking session that saw the dow come within a couple points of 17,000. the blue chip average, a and p and dow transports closed at historic highs on the heels of strong manufacturing activity data both in the u.s. and in china. the rally was led by gains in health care, technology and consumer discretionary stocks that lagged recently. here is how the major averages ended with dow up 129 points making the biggest gain since may 21st and came wi

>>> this is "nightly business report" with tyler mathisen and susie gharib. >> show me the money, stocks retreat as investors turn their lonely eyes to you. corporate america, hoping profits haven't left and gone away as earnings season begins. >> first out of the gate, alcoa with a big earning beat. >> cutting cancer costs, quality care that's less expensive? tonight a new studs did finds it's very possible. that and more for "nightly business report" for tuesday, july 8th. >>> good evening, everyone. here is the new worry on wall street. earnings, investors want to see u.s. companies deliver strong profits and revenues as the new quarterly earnings season kicks off this week but dow said corporate america won't come through, a sign that super high stock prices are not justified is one reason stocks sold off today. technology, internet, biotech stocks and a lot of small cap companies were swept up in the sell off. here is are run down, the dow lost 117 closing below the key 17,000 mark, the nasdaq tumbled by 60, a decline of 1% and s&p off by 14 points. >>> the first company to report n

i'm susie gharib, thank for watching. >> i'm bill griffeth. have a wonderful holiday weekend but we'll see you tomorrow for a special july 4th edition of "nightly business report." >> see you then. >> this is "bbc world news." >> funding of this presentation is made possible by the freeman foundation, newman's own foundation, giving all profits to charity and pursuing the common good for over 30 years, kovler foundation, nd union bank. >> at union bank our relationsh manageruse their expertise in global finance to guidyo through the business es astpporties of international commerce. we putur extended global

susie gharib has the night off. facebook sores, amazon disappoints, stocks me aroundia. we begin from strong words from the president. so-called tax inversions were top pick a in a wide-ranging exclusive interview, the president gave today to steve liesman of cnbc that produces this program. liesman began by asking the president if it was unpatriotic or unamerican. >> companies thrive in the united states in part because they benefit from the best university system in the world, the best infrastructure, though, i would like to see it do better on infrastructure. a whole range of benefits that helped to build companies, create values, create profit. for you to continue to benefit from the entire architecture that helps you thrive but move your technical address simply to avoid paying taxes is neither fair, nor is it something that's going to be good for the country. this is basically taking advantage of tax provisions, that are technically legal but i think most people would say if you're doing business here, you're simply changing your mailing address in order to avoid p

thanks for watching, i'm tj yle mathisen. >> i'm susie gharib. have a great everything and tyler and i will see you back here tomorrow. n and tyler and i will see you back here tomorrow. in and tyler and i will see you back here tomorrow. g and tyler and i will see you back here tomorrow. >> this is "bbc world news america." >> funding of this presentation is made possible by the freeman foundation, newman's own foundation, giving all profits to charity and pursuing the common good for over 30 years, kovler foundation, and union bank. >> at union bank, our relationship managers work hard to understand the industry you work in.