panel. you can catch it all tonight, 9:00 eastern, right here on fox news. megyn: this alert coming in from wall street. the dow jones average is now down around 400 points for the day. a big sell off today as investors worry about getting closer to a new global recession. september is shaping up to be a rough month for the job market first time unemployment claims last week totaled 423,000. that number needs to drop below 375,000 to signal sustainable job growth. it has not been that low since february. right now president obama is heading to the heartland where he s taking his jobs plan to the home turf of house speaker john boehner not to mention mitch o connell. the backdrop in the next hour will be a bridge connecting ohio
shep: history will tell us if that was a death knell. we re looking forward to your questions tonight as a panel member when the debate kicks off at 9:00 o clock eastern time. 8:00 o clock central time here. you can catch it live on fox news radio, fox news mobile, streaming live at youtube/foxnews and tell us what you think of the debate as it s happening. there is a link on our youtube channel and our co- sponsor s home page at google.com. president obama talked today about his plan to help more of us get back to work, but before he spoke, we got a clearer picture of how tough the jobs market is right now. the labor department reports the number of people filing their first claims for jobless benefits dropped by 9,000 last week to 423,000 people. the four week average actually rose slightly. today president obama visited an outdated bridge that links ohio and kentucky. the respective home states of john boehner and mitch mcconnell. he called on lawmakers to pass his $447 billion jo
tenure, i m trying to figure it out myself. what do you think his motivation is? i think spending has become and taxing has become a dirty word. we need sensible tax reform and sensible entitlement reform and mix of things to gecht the economy back on track. the president s comment was not taken out of context? i don t think it was. let s look at numbers, last week 423,000. this week 420,000, the weekly unemployment numbers. it looks like based on these numbers that things are started to improve if ever so slightly. well, you ve got to think about growth. we ve got 9% unemployment right now. a lot of the economists are saying we re not going to hit 2% growth. we need 2.5% growth to keep the employment level stable. i think we re going to see unemployment rising to be honest with you. that s not good for obama in the re-election cycle. this is the argument that s been dominating the debate in
but overall that idea that the fed thinks that there are still significant downside risks, kyra, that has people unnerved. stocks are down. oil is down big. gold is down, as well. so, you re seeing a real movement out of some of these commodities and stocks today on this idea that the economy is not out of the woods yet, kyra? we ll look for the numbers in 28 1/2 minutes, thanks so much. the threat of a new government shutdown an intense round of voting rejected a spending bill and the move surprised even the republican leaders. kate baldwin joining us now from capitol hill. so, kate, the government due to run out of money at the end of the month. tell us what is happening behind the scenes. here we go, again, kyra. quite a blow for house republican leadership last night. in a vote, the final tally 195-230. 48 republicans, almost 50 house republicans joined with an overwellming majority of house democrats to reject this bill. this measure, just to give a little bit of b
announced another stimulus measure inform boost the economy. we will get the reaction around the world. hong kong s hang seng index is off 5%. that s a big move for one day for a stock index. japan s nikkei is down 2%. in europe, more of the same. french, jer planing markets all plunging by more than 4%. have you gold down. you have oil down. you have selling basically acro across the board. downside risk, this is an economy in the u.s. and worldwide that s not out of the woods and markets are responding accordingly. we will talk more later about this. sure. cries of injustice and closure for one family after 20 years. the state of georgia executing by lethal injection death-row inmate troy davis late last night. davis was convicted of shooting and killing off-duty savannah police officer mark mcphail, a father of two children. several witnesses that helped put him away changed their stories even while strapped to the gurney insisted he did not have a gun. a crowd of hu