Nightly Business Report — November 25, 2014

Tonight on Nightly Business Report, the economy grew at its fastest pace in more than a decade as consumers shopped and businesses spent. But will the strength in the third quarter continue into the fourth? And, Apple goes where no stock has gone before, touching a $700 billion valuation.

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Susie Gharib sat down with CVS Health CEO Larry Merlo to discuss the company’s renewed commitment to keeping its customers healthy.

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Today’s stock stories: TIF, DSW, HRL & CBRL.

Daniel Grill | Getty Images

As Americans overloaded with student debt question the value of a college degree, training for one high-paying profession begging for employees costs relatively little. Court reporters. “There is going to be a demand, and a need, for at least 5,500 new positions over the next three to five coming years,” said Sarah Nageotte, president of …

Source: Old Homestead Steakhouse
Old Homestead Steakhouse, New York

Don’t want to cook this Thanksgiving? Then try eating out and getting a delicious meal for $35,000. New York City restaurant Old Homestead Steakhouse is hosting a $35,000 Thanksgiving dinner, according to the Daily Mail. “We know it’s over-the-top expensive, but Thanksgiving comes once a year. If you can splurge for this, you have a …

Getty Images

Retail hacks have consumers thinking twice about how they will shop this holiday season. Read More As cyberthreats increase, big money chases patches After a year of breaches, consumers don’t feel safe anymore when shopping online, and some are even straying from their favorite retailers as a result, according to a recent survey. “The number of …

Craig Warga | Bloomberg | Getty Images
A customer carries a Tiffany & Co. shopping bag outside the company's flagship store in New York.

Reading the tea leaves on today’s consumers can be a challenge when they’re saying such different things. On one hand, the nation’s unemployment rate is ticking lower, gas prices are on the decline and the stock market is hitting record highs. On the other hand, much of the country is struggling to shake off the …

Patrick T. Fallon | Bloomberg | Getty Images
Shoppers purchase TVs at a Target store during the Black Friday weekend in Chicago, Nov. 28, 2013.

Sad but true: Black Friday isn’t the be-all-end-all sale marketers make it out to be. Shoppers might have already missed some of the season’s best sales. The Sunday and Monday before Thanksgiving offer bigger price cuts than Black Friday, according to a study from Adobe Systems. Not all is lost, however—the day before Thanksgiving is …

Lucy Nicholson | Reuters
Apple CEO Tim Cook speaks in Laguna Beach, Calif.

Apple‘s market capitalization has hit a record $700 billion, a major milestone for CEO Tim Cook since the market cap doubled in the three years he’s been at the helm. “It’s the ultimate statement of what Tim Cook has added,” said Gene Munster, a senior research analyst at Piper Jaffray. Cook took the reigns in …

Housing investor shift

Big investors who helped prop up the sector during the housing crisis are cashing out.

United Tech CEO steps down

The abrupt departure of the CEO of United Technologies is leaving shareholders with more questions than answers.

2015 markets outlook

Some Wall Street pros are already coming out with their outlooks for the markets in 2015. Dominic Chu takes a look at the early trends for the new year.

Avalanche of economic data

The shortened holiday week is packed with data. Steve Liesman tells us what to expect from several key reports.

NBR Thum

Tonight: A prominent Wall Street strategist says the U.S. market is in the sixth year of a 20 year bull run. We’ll talk to him about why he’s so optimistic.

Nightly Business Report — November 24, 2014

Tonight on Nightly Business Report, a prominent Wall Street strategist says the U.S. market is in the sixth year of a 20 year bull run.  We’ll talk to him about why he’s so optimistic. And, the abrupt departure of the CEO of United Technologies is leaving shareholders with more questions than answers.