Listen: Elon Musk, Jeff Bellinger And Bloomberg discussed on KRLD News, Weather and Traffic
"KRLD news time four fifty four. We check your money from Bloomberg. Here's Jeff Bellinger. Stocks took one last pounding to end a rough week. The Dow Jones industrials fell five hundred fifty nine points two and a quarter percent. The NASDAQ lost two hundred nineteen points or three percent, the S and P five hundred closed sixty three points or two and a third percent lower. Could there be new life for some of the five automobile factories, the General Motors plans to idle next year? Tesla CEO Elon Musk told sixty minutes, he might be willing to buy some of the plants CBS released excerpts from an interview that will air Sunday night. The Labor Department says employers added one hundred fifty five thousand workers to their payrolls in November economists were expecting a bigger number, but they say the job market remained strong. The unemployment rate stayed at three point seven percent in early December reading from the university of Michigan indicates consumer sentiment has not changed so far this month. Crude oil futures rose. To fifty two dollars and sixty one cents a barrel in New York.."