2393 in the high so far this morning. Our road map begin with a jobs number 222 in the month of june may and april higher as well. Plus President Trump and Vladimir Putin meeting face to face in the next hour. Its an important moment for the administration. Qualcomm suing apple in its escalating battle over patents how that could effect shipments of the iphone but first up the better than expected jump in june payrolls, 187,000 jobs in the private sector that Unemployment Rate tix up to 44 as more people enter the labor force average Hourly Earnings between 2, maybe thats the only complaint some people have why that would not be higher given the number. Theres many opportunities for come plants. I look at that and i say this is one of the reasons why i remain more than i think many people want and i look at this and i say look if you get job growth that still gives the fed reason to do some normalization which can i want because thats good for the banks but i look at the categories, i
Now, its time for World Business report. The worlds Biggest Advertising Agency is about to unveil its latest numbers in an industry seen as a bell weather for the global economy. Hundreds of flights cancelled and the stock market suspended, typhoon hato causes havoc in hong kong. Welcome to World Business report. Im rachel horne. Also in the programme, well be looking at the gender pay gap in the movie industry. Wpp, the Worlds Largest advertising group, is due to report its latest numbers in the next couple of hours. The advertiser is seen as a bellwetherfor an industry thats changes dramatically in recent years. While the total spent by brands globally on advertising in 2016 was up at 493 billion, where its being spent is shifting significantly. While traditional Advertising Sales were effectively flat, Global Digital ad sales grew by 17 to 178 billion. That number will, of course, keep growing, and by 2021, its estimated it will account for 50 of all adverts. With me is theo izzard
Musicians fleeing the mob is critics top choice for best comedy film of all time. Good morning. Its wednesday 23rd august. Im annita mcveigh. Welcome to bbc newsroom live. The government insists its not necessary or appropriate for the European Court ofjustice to have directjurisdiction over the uk after brexit. A paper setting out proposals for resolving trade disputes after britain leaves the eu is being published in an hours time, but the question of how future agreements between the uk and the eu will be enforced is proving contentious. The European Commission wants the court in luxembourg to guarantee the rights of eu citizens in the uk after brexit and to oversee the Withdrawal Agreement. But theresa may has said ending european control over british courts is a red line. Ministers say they want a special partnership with the eu, but it is neither necessary nor appropriate for the ecj to police it. Thejustice minister dominic raab said that both the uk and its partners in europe w
Power lunch starts right now welcome to power lunch, who knows why stocks are down today. One plausible speculation is they got nervous over President Trumps threat of going to the wall the dow and s p and nasdaq down about a quarter of a percent nothing big but a little bit of a pull back after yesterdays major rise transports taking a hit on pace for their first negative day in three and bumping up against their 200 day average. Railroads and airlines leading the way down as you see there. Check out the Home Builders etfs attract under pressure new home sales are tumbling more than 9 in july. We begin with politics and President Trumps speech last night in phoenix his rhetoric to some off the wall but the focus was absolutely on the wall the president stated willingness to force a shutdown over it if funds to help pay for the wall are not included in budget resolutions. The president will be speaking again today at 2 00 p. M. Eastern. Well bring that to you live from nevada when it b
Us oh wait. Covers the Banking Industry well was here. That works too. Well get to that in a little bit. We begin in washington with the rhetoric about a Government Shutdown how much time do we have at this point . Well Government Shutdown by the end of the september if they dont pass spending bills. We got a slightly different take between last night and today between the president of the United States and the speaker of the house. Listen to the president last night at a rally in phoenix talking about the possibility of a Government Shutdown if he doesnt get funding for a border wall build that wall now the obstructionist democrats would like us not to do it, but believe me, we have to close down our government, were building that wall little bit of a different take well see where the rest of the Republican Party falls on the issue of the Government Shutdown over boarding spending there are a lot of republicans on capitol hill who would like to see something done on the issue of the b