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Midday Market Report: 1/10/13

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  • Description

    Morgan Stanley expected to slash jobs

  • Duration 1:12
  • Date

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Morgan Stanley plans to slash 16100.

Jobs and one may be just the beginning of a new round of layoffs that large investments at this time driven by new regulations and capital standards.

The -- could start this -- half of them are expected to be right here in the United States.

Elsewhere some better than expected corporate earnings here in the US and strong -- -- -- -- China boosting sentiment China's exports dumping more than 14% in December from the December before that due to sales growth.

In the US and European Union's.

European Central Bank leaving its benchmark interest rate unchanged at a record low of point 75%.

Analysts say any further rate cut my -- even help the problem is that banks and governments are not passing on lower rates to customers.

And are also reluctant to take advantage of lower rates themselves by borrowing more money.

And while one inform workers plans to change jobs this year they can use -- simple -- hands from career builder went on their interviews.

Don't appear disinterested do make eye contact and smile pressure cheap.

I'm a firm handshake and please leave your phone at home at this while -- on foxbusiness.com.

In New York online some --

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