Glick Report

  • November 6, 2009 01:20 PM EST

    Grim Employment Report, But Signs of Hope

    This morning’s job data was very bleak. The unemployment rate is now at 10.2%, the highest level since April of 1983. Not only are we now in double digits sooner than many people expected, but the workforce shrunk month-over-month. The increased unemployment rate reflects the fact that more people are looking for work. The problem is that we have created very little new substantial jobs. Just to make up for the 7.3 million jobs that we have lost since the recession began, we’d have to create 10 million new jobs to account for lost jobs and population growth. A pretty grim picture that will take years to turn ... read more

  • November 5, 2009

    Some Telling Retirement Trends

    If you’re concerned about retirement and whether you’ll have enough money to retire, take a look at this survey conducted by Wells Fargo. This morning Lynne Ford, executive vice president and head of retail retirement at Wells Fargo, joined me with the results of the company's 5th annual retirement survey. The results are very telling. You may not be surprised to find that only 23% of pre-retirees are saving more for retirement than a year ago. Many presumably are paying down short-term debt or have increased their rainy ... read more

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  • November 5, 2009

    Shiller on Housing: 'I am Terribly Conflicted'

    This morning Robert Shiller, Yale professor and co-creator of the S&P Case-Shiller Home Price Index, joined me. It was a fascinating interview. I’ve never seen the professor this way. He was incredibly uncertain about the future. Incredibly conflicted about where we are headed. What made today’s interview with Professor Shiller so intriguing is that he’s one of the leading economists who predicted the asset bubble in the stock market and in housing. In fact, he said the housing bubble was inextricably linked to the finance ... read more

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  • November 3, 2009

    Gettelfinger Discusses UAW's Rejection of Ford Contract

    This morning in a First on Fox Business I spoke to Ron Gettelfinger ,the UAW (United Auto Workers) president, about the UAW's vote against a deal with Ford. As you may recall on October 14th in a blog entitled, "Gettelfinger on Details of the UAW's Contract with Ford," I called the deal "lousy" for Ford UAW workers. Gettelfinger understandingly took some offense to that notion, saying, "I don't know exactly where you're coming from on that, Alexis. To us, this is a win-win for the company as well as for the workers." This ... read more

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  • November 3, 2009

    Keeping Small Businesses Alive and Kicking

    This morning I was joined by my good friend Nell Merlino, founder, president and CEO of Count Me In for Women's Economic Independence. She is a tremendous force to be reckoned with. She has dedicated her career to helping women get micro-financing to build their businesses, offered coaching and networking for thousands of women owned and operated businesses. This morning Nell joined me to talk about the success of her Make Mine a Million $ Business program. It's a wonderful program. If you would like to participate or learn ... read more

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about this blog

  • Alexis Glick is an anchor for FOX Business Network. Prior to joining FOX, Glick served as a correspondent for the Today Show and co-anchored the third hour of that program. Before her stint at NBC News, she was the senior trading correspondent for CNBC and reported from the floor of the New York Stock Exchange.

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