hampton pearson with more on what may be in friday's non-farm payroll and why some economists are more cautious than others. >> reporter: optimism for a friday jobs report above 200,000 in april comes on the heels of the mixed economic data in the last twori#Ñ3Ñ3%qs$ó> i think we'll find out that momentum is pretty good here. >> but unemployment claims rose since late february, mixed news for an economy that appears to be gaining momentum and the reason leading economists are cautious about what friday's jobs report will tell us. >> looks to me like the economy will continue to heal, that we're shaking off the0m4qji eff the bad weather we had over the winter. we're getting some mixed signals but i think the direction is continuing to point towards expansion of the economy and i expect we'll see solid job growth. >> the consensus calls for a slight drop in the unemployment rate last month. for that trend to continue we'll need job growth at or above 250,000 per month in the days and weeks ahead. for "nightly business report," i'm hampton pearson in washington. >>> and stocks edg

salt and vinegar french fries. >> i think you just outraged hampton pearson. a man loves his in and out, hampton. here's a little trick for you. animal fries and get them cooked well done. oh, yeah, delicious treat there for you at in and out. of 61 degrees at the peninsula and temperatures comfortable today and clouds yesterday still an overcast sky to start the day but nice sunshine coming your way this afternoon. so, basically, your temperatures will stay put but your sky will change. this is what you can expect. becoming sunny by mid-day comfortable temperatures and then the heat cranked. you notice on your microclimate seven-day forecast right there at the bottom of your screen. as we get into next week we jump into the heat wave and really hot for a good stretch of time. at least seven to eight days of temperatures well above average. i really want to point this out to you, if you have outdoor plans, today and tomorrow look good and then on sunday that heat is on up to 85 degrees in san jose and then monday into tuesday we keep on climbing and had a heat

for "nightly business report," i'm hampton pearson in washington. >> here's a man with quite a story to tell. ben bernanke, the former chairman of the federal reserve. he sealed a book deal. the book currently untitled will be published by ww norton and will tell the story of how he guided the central bank and the economy through the financial crisis. no terms disclosed just yet. the book is scowled to be released next 84. >>> and finelily tonight, a dubious anniversary to note on wall street today. one that introduced a lot of people to high frequency trading and the flaws it exposed in the markets. on this day in 2010, the new york stock exchange became known as the flash crash. the dow suddenly plunged a thousand points late in the trading day losing 9% of its total value in minutes. by the end of that session, stocks recovered most of those losses, the debate of pros and cons of super fast automated program rages on. >> it was a frightening day. you felt everything was out of control. of course the computers were controlling it. >> the whole fat finger. >> procter & gamble shares

hampton pearson has more. >> reporter: the annual mcdonald's shareholder meeting has been the target of nationwide protests in support of a $15 an hour minimum wage. >> mcdonald's should not have to wait on the government to raise minimum wage. >> reporter: over a thousand demonstrators marched outside chicago in the last two days targ targeting the world's biggest fast food chain as the first step on the road for organizing the entire industry. >> these organizers are not fighting to raise the minimum wage, they're sitting down to negotiate a pay raise and re-write a union contract. >> inside the unit, a lot were not happy about what was on the menu, the top managers were accused of targeting the children with predatory-like enthusiasm. ceo thompson answered the critics. >> at mcdonald's, we were not as mentioned predatory, we do have values at mcdonald's. >> reporter: but the majority of shareholders are concerned about losing ground to the competitors in the multi-billion dollar fast food industry. >> this is a long-term investment. i want to see it in another 30 years and not ano

at the fcc, i'm hampton pearson for "nightly business report." >>> and we should note that comcast, one of the companies that hampton mentioned in his report is the parent company of cnbc which produces this program. >>> also today, another important vote from the fcc, in a story we told you about yesterday the agency voted to limit how much wireless spectrum space giant telecomes like verizon and at&t will be able to bid for valuable air waves slated to take place next year. the idea is to prevent the companies from stopping the low band spectrum while allowing smaller competitors and newer ones valuable access to air space. >>> and more from berkshire hathaway. berkshire hathaway disclosed a stake of more than half a billion dollars or about 11 shares in the tell-- telecom giant. shares were slightly off at $47.96. >>> shares of j.c. penny off after revenue that beat estimates. same store sales were a little higher marking the second straight quarterly gain after nine straight declines. the retailer also announced they obtained a larger credit facility to strengthen its balance sheet.

hampton pearson has more on the job jobs report, including where the jobs are and the long-term unemployment issues. >> reporter: the increase of jobs at the fastest pace in more than two and a half years. and the unemployment rate fell to a five and a half year low. with upward revisions for february and march, job growth for the last three months has averaged 238,000. with the conversation with german chancellor angela merkel, he said there is more to be done. >> all told, our business has now created 9.2 million jobs over 50 consecutive months of job growth. the grit and the determination of the american people, they are moving forward. but we have to keep a focus on the jobs and create opportunities for working families. april employment gains were broad-based. the private sector generated 273,000 jobs including 75,000 in professional and business services, which traditionally are among the better paying jobs, among the small business success stories, trump club, a chicago-based men's clothing service. the four-year-old start-up had the best in 2014. the top growth. >> when you sign up,

hampton pearson has more. >> optimism among small business owners was at a post-recession high in april but there is no sign small businesses nationwide are ready to take off. the closely watched optimism index from the national federation of independent businesses went above 95 last month. for the first time since the fall of 2007. but nfib chief says that it is just a modest gain in a still slow growth economy. >> it is not much of a breakout as we pointed out. the average of the index going into the recession was -- and that is over 40 years, was 100. so we're still five points below that mark. but progress is progress. >> among the success stories, z burger, its six locations in the greater washington, d.c. area has gross sales of more than two and a half million dollars a year. more locations are under way and just this week it added a brand-new solid and sandwich to its flagship d.c. location. >> we have a lot of mothers and fathers that come here and get a solid and sandwich and then go over there and get a burger and drink for their families. >> the expansion here follows over b

hampton pearson has more. >> reporter: president obama chose the construction site of the new tappanzee bridge, a major crossing point over the hudson river, getting a billion dollar overhaul to make the point the infrastructure is falling apart and the federal government is running out of money to fix the problem. >> america doesn't stand still, there is work ready to be done. there are workers ready to do it. not just rebuild one bridge but i want us to rebuild every bridge. >> reporter: a few hundred miles away, vice president joe biden in cleveland, making a stand for mass transit to boost the economy. >> america remains the most dominant economic force in the world and we'll continue to be the most dominant economic force if we invest, if we invest in the future. if we invest in infrastructure. >> reporter: two separate funding crises are on the horizon. the highway trust fund which financing more than $50 billion a year in major projects is running out of money just as city and states begin the annual repairs that come with warmer weather. the department of transportation predicts

hampton pearson takes a look. >> reporter: after a harsh winter millions of americans will jump start travel season with the memorial day getaway next weekend. triple a is forecasting a post-recession high, 36 million travellers. the biggest year-over-year jump ekrñ people are tired and looki for summer found. >> reporter: more than eight out of ten travellers will be driving to their destination, about 80% of all gasoline sales happen at gas stations nationwide, and the forecast shows operators seeing increased spending over last year and looking ahead to a big summer travel season. >> once you see kids get out of school whether college or high school you really see travel pick up. >> reporter: memorial day air travel should top 2.6 million, despite sales being lower a year ago, the cruise industry is surging. >> the harsh winter appears to be good news for people gaining interest in summertime travel. the cruise industry seems to have benefitted with a 6.5 category increase in travellers. >> reporter: part of a one and a half million increase in those taking boats, buses and trains

hampton pearson talks about the landscape for the class of 2014. >> reporter: for the class of 2014, the job market is getting better, sort of. unemployment among college graduates last year was 11%, down from 13% in 2012. that's nearly double the current unemployment rate of 6.3%. job placement experts say the sluggish recovery continues to delay graduates finding jobs or if hired, they are often taking less pay. >> unfortunately, today is college is yesterday's high school. you just have to accept that. but you have to be strategic. you want to target the industries and the companies that you would have an interest in and find people that work in those industries and those companies. >> reporter: but graduate spirits remains high. 84% of this year's graduating class expect to find jobs in their chosen field, according to a brand-new survey. 22-year-old laura schwartz, who just graduated from george washington university, began her job search more than a month ago. she's determined to get a job in social media and marketing. part of the new economy but already seeing stiff competiti

hampton pearson has more on today's meeting and what those ceos are looking for in return. >> reporterp executives from both u.s. and foreign-based companies were invited to the white house for a select usa business roundtable focused on attracting more drekt direct investment in the u.s. a 3-year-old federal effort aim at helping firms navigate government red tape is beginning to pay dividends. assets of foreign affiliates topped $4.5 trillion in 2014, an all-time high according to commerce department data. the president told the business leaders there's more to be done. >> we have the most dynamic and creative and innovative economy in the world, but we don't always do what it takes to go after business around the world and make sure that they know the benefits of investing in the largest market on earth. >> while the obama administration was touting new incentives for more foreign direct investment on capitol hill, new legislation was introduced cracking down on american businesses that reincorporate off shore just to avoid paying taxes. drugmaker pfizer's pursuit of astrazeneca is

hampton pearson is live just outside chicago with more on the story. hi, hamp. >> reporter: hey, sue. yeah, we've just wrapped up a shareholder meeting to remember. and whether it's at all about ceo pay at the top or the wages of workers at the bottom, it's been very much all about getting paid. 800 to 1,000 demonstrators here over the last two days, protesting in support of a $15 an hour minimum wage with lots of support from organized labor nationwide who say their long-term goal is to unionize all fast food workers. 100 arrests yesterday for trespassing on wednesday. no arrests here today. meanwhile inside that meeting, a bit of a surprise. a very vocal group of mcdonald's shareholders basically accusing the firm of predatory advertising practices involving children. all of this coming in the same week that mcdonald's has rolled out a new happy meal mascot. now, ceo don thompson felt he had to answer those critics. >> we do have value at mcdonald's, and all of us are parents. and so for those who have challenges with our menus or the choices, that w

hampton pearson that and a look ahead at today's trading. good morning, hampton. >> good morning, scott. we'll start with the futures are flat after stocks erased early gains to close the lows of the session and the nasdaq hosting its first three-day losing streak in a month and the russell 2000 which tracks lower cap stocks is now down 10% putting it close to correction territory. we are going to get data later today on wholesale trade. the dow which has been up more than 100 points closed up 32 to 16550 on thursday and the nasdaq falling 16 to close at 4051. apple will unveil the iphone 6 in august, a month earlier than expected. the new device will have a 4.7 inch screen similar to the iphone 5. but a larger screen will hit stores in september to help apple compete with samsung galaxy smartphone. have a great day and a great weekend. >> all right, hampton, thank you. same to you. >>> we now know what's behind a pretty confusing tweet that was sent out last week. bizarre tweet that really looked a lot like jiberous. maybe it was a pocket tw

hampton pearson is live there with the late pestp good morning, hampton. >> how are you doing, carl?t, the mcdonald's board of directors and chairman don thompson cannot be loving what's going on here at its headquarters over the last couple days. the annual shareholders meeting frankly has generated a not so happy meal of protests both inside and outside today's meeting. >> today, about 300 protesters recruited nationwide were targeting mcdonald's as part of a campaign for a $15 an hour minimum wage and organizers from several labor unions say the long-term goal is to unionize fast food workers nationwide. the crowd today was about half of wednesday's, nearly 1,000 protesters, when there was about 100 arrests for protesting. as far as what went on inside the shareholder meeting you had a vocal minority pressing the top leadership at mcdonald's over the health of its food, at one point accusing the corporation and the leadership of basically putting profits before people. chairman don thompson had a partial response to some of that rhetor rhetoric. >> as a parent the other thing that

first hampton pearson has a cnbc market wrap. >> the stocks going into tomorrow the dow losing 42 pointshe s&p down by two and the nasdaq down 12 points. that's it from cnbc, first in business worldwide. he's agreed to give it up. that's today? [ male announcer ] we'll be with him all day as he goes back to taking tylenol. i was okay, but after lunch my knee started to hurt again. and now i've got to take more pills. ♪ yup. another pill stop. can i get my aleve back yet? ♪ for my pain, i want my aleve. ♪ [ male announcer ] look for the easy-open red arthritis cap. [ girl ] my mom, she makes underwater fans that are powered by the moon. ♪ she can print amazing things, right from her computer. [ whirring ] [ train whistle blows ] she makes trains that are friends with trees. ♪ my mom works at ge. ♪ thomas payne wrote a pamphlet. we have it in our power to begin the world over again. six months later, these men declared that progressive idea, a goal worth fighting for. change takes courage. but first the idea. we have it in our power to begin the world over again. >>> in february, house spe

first, hampton pearson has a cnbc market wrap. >> let's take a look at how the stocks stand going intomorrow. the dow, down 22 points. the s&p basically flat. the nasdaq, gaining 13. that's it from cnbc, first in business worldwide. to combine solar and natural gas at the same location. during the day, we generate as much electricity as we can using solar. at night and when it's cloudy, we use more natural gas. this ensures we can produce clean electricity whenever our customers need it. ♪ ameriprise asked people a simple question: can you keep your lifestyle in retirement? i don't want to think about the alternative. i don't even know how to answer that. i mean, no one knows how long their money is going to last. i try not to worry, but you worry. what happens when your paychecks stop? because everyone has retirement questions. ameriprise created the exclusive confident retirement approach. to get the real answers you need. start building your confident retirement today. i dbefore i dosearch any projects on my home. i love my contractor, and i am so thankful to angie's list for bringi

congressman daryll eisen may be feeling left out skmoo and david corn joins me next but first, hampton pearson >> hi, alex. the dow closing down 137 points with the s&p shedding 12 and the nasdaq giving up 28 points. that's it from cnb kr6789, first in business worldwide. when it comes to good nutrition...i'm no expert. that would be my daughter -- hi dad. she's a dietitian. and back when i wasn't eating right, she got me drinking boost. it's got a great taste, and it helps give me the nutrition i was missing. helping me stay more like me. [ female announcer ] boost complete nutritional drink has 26 essential vitamins and minerals, including calcium and vitamin d to support strong bones and 10 grams of protein to help maintain muscle. all with a delicious taste. grandpa! [ female announcer ] stay strong, stay active with boost. grandpa! > benghazi, benghazi, benghazi, at issue? whether pelosi will allow the democrats to participate. since this was announced pelosi and john boehner have gone back and forth over the conditions on the committee and what has subpoena power and how many democrats w

but first, hampton pearson has the cnbc market wrap. >> let's take a look at how stocks do stand going dow up 20 points on this monday. the s&p adding 7. that's it from cnbc. first in business worldwide. getting your vegetables every day? when i can. [ bop ] [ male announcer ] could've had a v8. two full servings of vegetables for only 50 delicious calories. ugh. heartburn. did someone say burn? try alka seltzer reliefchews. they work just as fast and taste better than tums smoothies assorted fruit. mmm. amazing. yeah, i get that a lot. alka seltzer heartburn reliefchews. >>> our economic troubles could be behind us. so why do we struggle? politics. concern about who gets the credit for good things or the blame for bad things. here's a thought. let's forget about politics for awhile. >> in 2012, republican pat mccrory learned you can't exactly forget about politics when you work in the field of politics. in his less than two years as governor, mccrory's colleagues in the north carolina legislature have passed the most extreme selection of right wing legislation in the country. but gove

first, hampton pearson has the cnbc market wrap. >>> let's look at how stocks stand going into tomorrowing 70 points higher and the s&p addressing 11. the nasdaq climbing 51 points. that's it from cnbc, first in business worldwide. et your fibe. try phillips fiber good gummies. et your fibe. they're delicious, and an excellent source of fiber to help support regularity. wife: mmmm husband: these are good! marge: the tasty side of fiber. from phillips. don't just visit rome. visit tripadvisor rome. with millions of reviews, tripadvisor makes any destination better. have you ever looked at someone and right away thought you know exactly what they're like and what they believe in? well, odds are you're wrong. what's on the outside and what's on the inside can be very different. the more you know. >>> the safest pipeline ever constructed in the united states, that's how the canadian energy company responsible for building the controversial keystone pipeline, how they refer to their plan to ship canadian sand oil across the mid western united states. and by safest, the company might also mea

. >>> i'm hampton pearson with your market wrap. the dow up 69 points.s 11 to close at hey new record. the nasdaq gaining 51 points. orders for long-lasting durable goods rose more than expected in april boosted by demand for a defense capital goods. meanwhile, consumers are a little more confident this month. thanks to an improving outlook on the economy. and home prices moved up in metro areas across the u.s. that's according to the latest report from s&p 'k. schiller. that's it from us. cnbc, first in business worldwide. working behind the scenes to provide companies with services... like helping hr departments manage benefits and pensions for over 11 million employees. reducing document costs by up to 30%... and processing $421 billion dollars in accounts payables each year. helping thousands of companies simplify how work gets done. how's that for an encore? with xerox, you're ready for real business. crest 3d white whitestrips vs. a whitening pen. i feel like my lips are going to, like, wash it off. these fit nicely. [ female announcer ] crest 3d w

. >>> i'm hampton pearson with your cnbc market wrap. modest declines for stocks. dow falls 21.a fraction. nasdaq finishes with a 12-point gain. >>> consumer spending jumped by most in five years in march. april auto sales rose 8% over last year. and filings for first-time jobless claims rose 14,000 to their highest level since february. the data comes one day before the government's jobs report which is expected to show payrolls rising by 210,000. that's if from cnbc, first in business worldwide. ♪ no matter what kind of business you own, at&t business experts can help keep it running... seamlessly. so you can get back to what you love. when everyone and everything works together, business just sings. and we're here in detroit ent michigan helping folks refinance their homes and save money. does it make sense to refinance right now? a lot of times we can lower the monthly payment, we can consolidate debt. we just want to make sure that you know your options, and we're here for you. we're not just number crunchers. i specialize in what i do and i care about my clients. from begi

. >>> i'm hampton pearson. modest losses for the stocks with the dow fouling 42 points.wo and the nasdaq sheds 12. apple computer buys beats electronics for $3 billion. the stock is up slightly after hours on that news. mcdonald's plans to return up to $20 billion to shareholders over the next two years through dividends and share buybacks. and mortgage demand fell last week. am occasions for home loans dropped 1.2%, snapping a three-week winning streak. that's it from cnbc, first in business worldwide. but your erectile dysfunction - it could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure. do not drink alcohol

. >>> i'm hampton pearson with your cnbc market wrap.d 20 points, s&p up 7, nasdaq 35. >>> shares of at&t and directv fell 1% today after at&t announced it would buy the tv provider for $48.5 billion. >>> campbells soup shares flipped after their ceo disappointed with sales and lowered the company's revenue forecast. >>> gas will cost less heading into the summer. the average price for a gallon of regular fell 3.5 cents over the past three weeks to $3.69 nationwide. that's it from cnbc, first in business worldwide. cars are driven by people. they're why we innovate. they're who we protect. they're why we make life less complicated. it's about people. we are volvo of sweden. all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. there was a boy who traveled to a faraway place

hampton pearson. markets taking a slide here. second day in a row. in about a month. dow down triple digits. russell in correction territory. ap loose sa's david tepper said now is the time for investors to approach with caution. art cashin on set, director of floor operations, with ubs financial services. >> thank you for having me. >> as you say did fed's failure to taper the taper turn tepper trep day shus? >> it certainly may have. >> how did you do that? >> the tepper corollary for years. do you give his comments last night equal weight? >> i think they're probably a factor in today's markets but if you look at what's happening with the ten-year, that certainly is not tepper related. there's a scramble for yield all around the globe, so i think the fear of deflation has got a lot of people worried. p certainly mr. tepper is well respected and one of the originators of the bernanke put, is there. he's turning cautious, i think that merits everyone's attention. >> volumes this week have been among the lightest of the year. how should we read that?

that event, quite tame compared to what's going on at the mcdonald's shareholder meeting where hampton pearsont's been happening today, hampton? >> reporter: it's been a shareholders meeting to remember. whether it was ceo pay at the top or the wages of workers behind the counter, the shareholders meeting has been all about getting paid. 800 to 1,000 demonstrators here over the last two days primarily focusing on demands for a $15 an hour minimum wage with lots of support from organized labor. nationwide, who say their long-term goal is union sizing the entire fast food industry. 100 arrested yesterday. a different story all together from what happened here today where we had half as many demonstrators and no arrests today. but inside the meeting a bit of a surprise. a very vocal group of shareholders basically accusing mcdonald's of predator advertising practices when it comes to children. shareholders calling the advertising, if you will, predator. the ceo don thompson felt he had to take on those critics. >> why do have values at mcdonald's and all of us are parents. for those who have chal