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HBO CEO Bill Nelson Announces Retirement

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  • Description

    FBN's Adam Shapiro breaks down mid-afternoon market news.

  • Duration 0:57
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-- -- -- I'm attitude barely -- Fox Business brings the unemployment line may have gotten a little -- last week but there's no sign of relief for the struggling labor market.

Initial jobless claims fell to 382000.

Coming in above the estimate.

The prior week was also revised higher due to the fallout from hurricane -- -- the four week moving average which smooth out volatility rose for a fifth straight week.

Fixed mortgage rates continued their downward trend last week according to Freddie Mac the raid on a thirty year fixed mortgage dropped to 3.4 9%.

Matching its previous record low the fifteen year mortgage hit a new record low of two point 77%.

HBO chief executive Bill Nelson announced his retirement he has been in the head of the cable network since 2007.

And stepped down as CEO at the end of the year that's the latest from the Fox Business Network giving you the -- across.

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