this out. but it s business before the bell with cnbc s brian sullivan. how this goes on you depends on you, barnacle. how so? we got the cnbc rise above the initiative, about everybody coming together. put on a pin and get with the program. so, you put this on. thank you very much. i ll be nice. and it will go well. jobless claims, 439,000 last week. that s high. disregard most of the data last week. for the next few week, the storm clearly going to disrupt all kinds of data regionally in the new york area. 439. a couple of quick comments i ve got about it, nobody has put a lot of faith in that. the storm has disrupted so much. we ve got bp reporting they will pay billions, we don t know exactly how much to settle the gulf oil spills. and two bp employees may be facing man slaurgts charges of part of that deal. we talked to everybody about the
still at 439,000, which is higher than anybody wants now for a recovery to take hold and really go forward. the number in the past week, 409,000, filing for first-time unemployment. that number has to be well below 400,000 in order to start bringing down that unemployment number. we ll see where it goes now. alisyn: the magic number they say would be close to closer to 300,000. bill: which would be a beautiful thing and it s been so long, too. alisyn: it has. meanwhile, he may be president obama s most controversial judicial nominee and he could be the first one that is actually blocked by lawmakers. how will republicans vote? we ll explore that. bill: there is drama in that, too. it will be very close. which companies get a waiver from the health care law, and which companies are seeking one? several waivers, granted to holts and restaurants, and nancy pell in nancy pelosi s district. we will debate this idea in moments, with a great panel. stay tuned for that.
safely, and, it happened two weeks ago and number of people filing unemployment claims rising slightly last week, 439,000 applications, unemployment rate, however, holding steady, 9.6%, hollywood community bucking up with big money to find out who murdered ronnie chaseen, who was shot multiple times in the chest as she drove through beverly hills, midnight tuesday night. and now, more than $125,000 of reward money for clues on her killer. martha: a big story in on capitol hill, we ll soon learn the punishment for congressman charlie rangel, what he ll face for violating house ethics rules, the ethics committee convicted the veteran democrat lawmaker on 11 charges this week. and, today he find out his fate. whether he ll receive a reprimand, censure or even, possibly, expulsion from congress, for charlie rangel, he ll find out today, james rosen is live in washington.
to keep american safe and recognizing the threat the obama administration and this justice department is coming up woefully short on doing this. jon: pete hoekstra, thank you. jenna: business news for you now, new weekly jobless claims just out moments ago. the number of americans filing for first time unemployment benefits up slightly from the previous week. you can see on your screen 439,000 people filed for unemployment, an increase of about 2,000 over the previous week. the good news there is that claims are near the lowest level we ve seen in about two years. many economists say claims need to fall further to bring down unemployment. also moving onto another big business story, we re watching gm shaoeurs today as the company is trading publicly once again, since they went bankrupt. shares of the autogiant bailed out with your money up sharply as you can see bringing the rest of the market up with it. this could be one of the biggest public offerings in history.
$439,000. a drop of 6,000, that is fourth drop in five weeks. economists expect tomorrow s march employment report to show job growth. u.s. naval forces say a u.s. warship sank. suspected pirate ship after coming under fire in the indian ocean. they captured five pirates according to a statement released by the u.s. sixth fleet. surprise visit by russia s president to the forth caucus region. that area has been hit by major suicide attacks linked to monday s subway bombings. medvedev is pushing for tougher measures.