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Obama to Offer States $470M for Roads and Bridges

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    FBN's Lori Rothman breaks down late-morning market news.

  • Duration 0:58
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I'm Lori Rothman with -- Fox Business brief the Obama administration offering up nearly half a billion dollars to states in an effort to create jobs.

Transportation secretary Ray LaHood is making -- 470.

Million dollars available using money from unspent highway signs.

Now states will be eligible for the money if they -- -- create jobs and improve transportation.

Americans feel a little more confident these days pushing consumer sentiment.

For the three month high university of Michigan's preliminary reading for August topped forecasts at 73 point six.

This sentiment gauges how consumers -- their personal finances as well -- business and buying conditions.

Nokia shares higher on news it is teaming up with -- struggling tech company Zynga and Zynga poker and draw something.

We'll be preinstalled on -- popular Russia feature phones.

And that is your latest look at this is from the Fox Business Network giving you the power to prosper.