former hostage david jacobsen is a step closer to u.s. soil at this hour.fter seven month of captivity in lebanon. >> because we're still negotiating for the other hostages, we're not going to say anything more about what process we went through to get mr. jacobsen out. >> the policy is that we don't negotiate with hostage-takers. we don't make deals. we don't pay ransom. reagan hammered on his staff to find a way to get those hostages out. >> today the story from middle east sources is that iran has helped the united states free a hostage from lebanon. >> in a bizarre tale worthy of a thriller, iran's news agency reports robert mcfarlane, president reagan's former national security adviser, recently made a secret visit to tehran. iran says mcfarlane came seeking help in freeing hostages led by pro-iranian groups in lebanon. >> i didn't believe the administration could be that's clumsy. it seemed so unlike all it stood for, all it claimed, all it promised. >> why not dispel the speculation by telling us exactly what happened, sir? >> in the name of god, wou

grove.jim jacobsen, associate head football coach: wee drumming out a way to 3 hands, steady as she goes for one more game to what could be the season of a lifetime.. lifetime..coach again: just the entire school culture has 3 timin the y... the studes spend weeks collecting nothen of wisconsin.educators ull p a y ... buinstills them eding america says events like the "walk for hope" help them get food to about 125-thousand children each year. 3 ev waneryone to hoe for christmas treem ollmann's christmas tree farm in door county. the navy veteran as en dops" program for the past ten years. whinen youhe service yo d at home, it makes you feel good. & 42: we're real happy to be able to do it - it's the least we do the progshipped to se e to a story that's during the nn was taken. it was a head turning event that attracted moms, kids...and aviation enthusiasts who tracked the approach of this special visitor on their cell phones. after a half-hhad much longer mom?"...it finally appeared on the eastern horizon. what was all the about? something big, real big. we'll show you tonight at five.

let's bring in brian jacobsen, wells fargo fund chief and jeffrey rosenberg, blackrock's chief investment for fixed income. brian, i'll start with you. the hearing is a previously scheduled one and the topic is the economic outlook for our country based on today's data, how would you say it looks? >> well, i think that the outlook is actually pretty rosy, at least if you're looking at some of the underlying trends as far as with housing starts, initial unemployment claims. i think that we do have some room to run though as far as with improvement. and that's what chair yellen is going to highlight as a classic economist. she's going to say on one hand this, on the other hand that. but i think she wants to say we're going to hike in december without actually saying december. so she's gone from saying we're going to hike soon to relatively soon. if you ask her next week, it's probably going to be imminently. >> and as we heard from her testimony already that has been released this morning the case for a rate hike continues to strengthen. jeff, do you expect the fed chair to comment on the e

vonnie: brian jacobsen, thank you. up, has black friday lost its luster? the nation's favorite shopping holiday. this is bloomberg. ♪ vonnie: this is "bloomberg markets." i'm vonnie quinn. it is time for the latest .loomberg business flash european settlement talks are happening with currency markets. it is part of an investigation that has already led to multibillion-dollar fines in the u.s. and the u.k. revisitednd hsbc has said their currency trading was being reviewed by the eu. put out a new offer on the table in an attempt to end the three-day strike by pilots. the airline is offering them a raise tied to reforms the companies pension system. the strike has forced them to cancel 2600 flights and is expected to continue through tomorrow. trump'st-elect donald campaign is offering black friday discounts on its online merchandise store. they are offering 30% discounts in honor of the day. hillary clinton's merchandise store is still operating but is taking a much more low-key approach. the year and shopping rush is in full swing today is black friday. o