Area, americas struggle is also black and white. Among white americans, last months Unemployment Rate dropped almost two points, but among black workers, it actually rose slightly. Theyre also more likely to be first fired, last rehired. Being out of work, it hurts. Reporter five weeks ago, we interviewed marquis rhodes, an unemployed lyft driver, downer to his last 100. When will it end . Reporter he told us today, cbs news viewers donated 6,000. Did that change your mind about anything . It told me that there are those who understand. Perfect strangers actually cared. Reporter like rhodes, millions of black americans are financially fragile. Median white family net worth is 10 times that of a median black family. Were already behind the 8 ball. We should all be fighting for the same thing, and thats that everybody has a seat at the table. Odonnell heres what rhodes did with the donated 6,000 he paid some back bills, and then he also paid it forward. He gave about w a de, norah, he is
Perjurer and his word versus, you know, the truth, quite frankly. You have the District Attorney of San Francisco whos arguing against prosecuting crime, against prosecuting drug dealers. When joe biden tells young people and all the American People that bide mom pick es is working bidenomics is working, you are a flatout, boldfaced liar, joe biden of. Take a look at me now cuz theres just an empty space stuart all right. It is, whats this song . I cant see is it. Against all odds, phil collins. Kind of faded and disappeared, didnt he . All of a sudden. All right. I dont know much about it, so ill get on with it. [laughter] 1 1 00 eastern time. It is tuesday, may the 14th. Happy birthday, emma, my daughter in florida. Thank you very much, indeed. Check the markets, why not . 52 points up for the dow. Nasdaq up 63. If not much price trend this morning. Mostly higher but not much. Now show me big tech, please. We have a mixed peck which are there as well picture there as well. Mostly win
That is the new high going back to august 27th, now settling back to 4. 76. Rick santelli is here with the latest on yields for us. We will dig into what todays report is really telling us about the economy and the fed and biomet is tracking the Housing Market. Before we dig into that, lets look at todays market action. This is quite a turnaround. The s p is at 42. 97, up 39 points. At one point today, post jobs number and everything else, we were actually down 39 points. We got as high is up 47 on the day at one point today. That is how big of a swing it was. We took out yesterdays lows and at the highs, we take out yesterdays highs. That is how big of a swing it has been so a lot of people watching this turnaround say what could it all mean, that is a conversation were going to have later on in the show. The dow is up 246 points. The nasdaq, up nearly 1 1 4 , 160 points for the nasdaq composite of. As for this week in review, all morning, we have been saying we are on the precipice o
U. S. Secretary of state john kerry urges the new Iraqi Government to stabilize the country as washington embraces a new Prime Minister as a positive step forward. Friends, family and fans worldwide are in shock today over the death of Award Winning comedian and actor Robin Williams after an apparent suicide at the age of 63. Announcer youre watching worldwide exchange, bringing you business new from around the globe. Good morning, everyone. Lets kick off with the iea report. This is the key take away this morning. Lets have a quick look at oil prices as light crude down by 0. 87 . Brent youre lower by 0. 7 . I want to get more commentary from the iaa report. It has been cut to 1 Million Barrels per day on lower than expected q2 deliveries and weaker imf gdp outlook. The crude oil supply rose by 300,000 Barrels Per Day to 30. 44 Million Barrels per day in the month of july and that is actually a fivemonth high. They also say that the oil market today looks better supplied than expected