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Unemployment Rate Ticked Up to 7.9% in December

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  • Description

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

  • Duration 0:59
  • Date

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This transcript is automatically generated

And I -- in your -- history.

Good employers added 157000.

Jobs in the economy and reportedly -- army announced just -- -- expectation.

Meanwhile the unemployment rate ticked up to seven point 9% from seven point 8% in December.

And the economy added 335000.

More jobs last -- than initially reported.

Shares of Merck meantime under pressure because of full year profit outlook though lower end of Wall Street expectations.

And lower fourth quarter results to do.

Profit was down 7% from the year Benson and doesn't 83 cents per share that top yesterday and revenue that fell more than 4% to eleven point seven billion and that also topped expectations.

And -- -- taking Dell private could come as soon as Monday according to reports which say founder and CEO Michael Dell.

We'll take a majority ownership of the PC maker private equity firms like Microsoft will become minority investors.

That's the latest from the Fox Business Network giving you the power to prosper.

Business.

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