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Hi, everybody! Welcome to the Wall Street Journal Report. I’m Maria Bartiromo. Retail sales fall, jobless claims실업수당 rise! Is it a bump in the road to recovery? Or more like a crater? Which way could the markets be heading now? President Obama looking for cure for America’s healthcare ills and fast. How his proposals could affect you and your wallet! The Wall Street Journal Report begins right now!
This is America’s number one financial news program! The Wall Street Journal report! Now Maria Bartiromo.
Here is a look at what’s making news as we head into new week on Wall Street! Not a lot of green shoots (경기 후퇴에서) 회복이나 발전의 조짐 to report this week in the economy! And the news was discouraging indicating we remain in that economic slowdown. First time, jobless claims, the number of workers filing new claims for unemployment rose last week to a level of 637,000, ending an easing trend in the past couple of weeks. The rate is one of the predictors of the monthly unemployment rate! Sales at US retailers fell for a straight month in April, tumbling four tenth of the percent… slightly worse than analysts’ expectations. Consumers account for about 70% of growth in the US economy!
The markets fell sharply on those retail sales figures on Wednesday after showing weakness early in the week. But they bounced back slightly on Thursday! On Friday, the markets fell. 100s of Chrysler dealers got the grim news they hoped they would not hear! The dealers started getting letters on Thursday from the bankrupt automaker that they would be shut down! Chrysler plans to eliminate 789 of its 3200 dealers as part of that restructuring process.
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Maria@wjsreport.com. I look forward to that and for more on our program, go to our website wsjr.cnbc.com. Each Monday, you can find full interviews with our guests including footage not seen on this weekend’s broadcast!
Now look at the stories coming up in the week ahead that could impact the markets and impact your money! Tuesday, two Dow components Home Depots and HP will report their earnings for the first quarter of 2009. Also Tuesday, the Commerce Department reports the number of new residential units that started construction in the month of April! That’s a key indicator of the health of the housing sector. On Wednesday, the Federal Reserves open market committee releases the minutes 의사록 from their most recent meetings who were went on behind closed doors there. Up next on the Wall Street Journal Report, the staggering amounts spent on healthcare in the US. What the government can do to cut cost? I wil be talking with the CEO of one of the country’s respected hospitals about slowing down spending! And then rethinking where your food comes from and how much it costs you! Your health and the environment! A taste of today’s food economy back in a moment!