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FBN’s Sandra Smith with an afternoon market update, plus news that the Pentagon is cutting jobs due to budget fears.
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Hi.
Good afternoon I'm Sandra Smith with your Fox Business breed that is a bullish day down on Wall Street as strong earnings from Procter & Gamble trumping -- report.
On the US housing market -- and 500 on track for its longest winning streak.
In more than eight years.
Deputies Defense Secretary Ashton Carter saying the Pentagon has started laying off.
Most of its 46000 temporary and term employees.
And efforts is slow spending I have of the nearly fifty billion dollars in cuts says he's going to affect.
March 1 Carter also asking military -- -- to provide details of plans by February 1 I'm where they can reduce short term spent.
And AT&T is buying spectrum from Verizon Wireless for one point nine billion dollars in cash -- he says the licenses cover 42 million people.
In eighteen states that is the latest from the Fox Business Network giving youth the power to prosper.
