Yahoo Finance Facebook goes to bat against Google over ads
Today, we discuss Facebook taking on Google, surging middle class income, and Trump and Clinton ignoring jobs.
Stocks (^DJI, ^GSPC, ^IXIC) are down slightly at midday, with energy (XLE) still in the green after an oil rally, while consumer staples (XLP) are leading the way down. Stephen Guilfoyle, managing director of Floor Operations for Deep Value Execution Services, joins us live from the New York Stock Exchange.
To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance's Rick Newman and Thomson Reuters correspondent Bobbi Rebell, author of "How to be a Financial Grownup."
Facebook takes another huge step against rival Google
The social media giant will work as a video ad broker by selling ads on behalf of other companies. Facebook (FB) announced it will sell and place in-stream and in-article video advertisements across third-party websites. It’s unclear how much revenue Facebook will make.
Middle class income surges to post-recession high
We've all heard of the wealth gap between the rich and poor. But how is the middle class doing when it comes to wages? A new report from the Atlanta Fed is showing that wage growth for those in the middle has grown by a record amount since the 2008 financial crisis.
Why are Hillary and Trump still not talking about jobs?
It's less than six months to Election Day, and the rhetoric is heating up. Trump still likes to talk about borders and making America great again. Clinton still talks about voting rights and equal pay. But according to our own Rick Newman, they're still not talking about jobs.
