And that it is financially insane to buy anything but an electric car. Hong kong is bracing for more mass protest as the extradition bill goes before them. Breaking news out of south korea. We have the Unemployment Rate coming in at 4 for the month of may. Slightly lower than was anticipated. 4. 1 . It is also lower than in the previous month, when we saw 4. 1 , the jobless rate. We have seen, when it comes in south korea, really strong growth when it comes public sector, jobs. The government trying to support the economy and working towards job creation. In the private sector, we are seeing some of that weakness. We are expecting budget coming from south korea to help job creation in the future. For now, the Unemployment Rate at or percent the month of may. Markets in asia are shifting up and go to sophie in hong kong. Some midweek caution may emerge after the best threeday gain for asian talks since january. Kiwi shares giving back some of tuesdays game. Game. Gain. Do bok is to rele
Voters, weve got the sound. And, you know, you cant make this up. The white house all day today would not acknowledge inflation, how its hitting you as they celebrate the Inflation Reduction Act. That they privately admit doesnt cut inflation at all. They own it, they cant blame trump. And President Biden practically flies over but does not visit East Palestine, ohio, site of that toxic rail crash. He said he would. Is he making the same empty promises about visiting hawaii . And weve got how former President Trump can fight back against his latest indictment. And this outrage, a george sorosbacked d. A. In oakland, california, facing a recall sticks it to her voters, gives her boyfriend a sweet sixfigure job in her own office. Also farleft congresswoman ocasiocortez and Rashida Tlaib loudly demand bidens student loan bailout but stay silent on their own big Student Loan Debt. Im liz macdonald, the evening edit starts right now. Elizabeth welcome to the show, thanks for joining us. You
Worst streak since december. Nvidia out with earnings next week. Farfetched is farfetched. Shares plummet after cutting the outlook. China wobbles and i told you i stopped spending. Im alix steel with my cohost guy johnson. Lets overlay one more thing and that is options expiration. You have a bunch of options expiring which will lead to volatility, may be covering from the dealers, and that could exacerbate the moves into the close. Guy absolutely. What a week it has been an next week is jackson hole. Nvidia is coming out next week. We look back and see what has happened. This incredible move in the bond market. European equities have been battered this week. There has been significant pressure but the question is how big is this adjustment going to be . If we are in a 5 world, how long is it going to take to adjust . We have had many years of zero Interest Rates and qe. Alix the fact we are just talking about 5 means we should eventually talk about 6 . Guy maybe. Alix youve got to lo
Garage gate. Some of that sensitive material was stored in the same space bidens beloved corvette is stored. Attorney general Merrick Garland under a lot of pressure to appoint a Special Counsel. Yesterday he tapped robert hur for the role. This means the current president and his predecessor are now both facing Special Counsel investigations. President biden meanwhile was openly critical if you remember of former President Trumps handling of classified documents. Now he is getting the same. These facts and circumstances are outrageous. Completely miss handling. Did he get them when he was Vice President and take them with him when he left . He clearly mishandled them. Putting it in a garage next to a leaf blower is not secure. Julie bidens Corvette Excuse wont cut it. Adding the newly appointed Special Counsel has a lot to do. Matt whitaker weighs in and first we go to peter doocy at the White House Joining us live. Good morning. Good morning. Somebody on the biden team knew that ther
President told us of the classified documents and his corvette, man. All locked safely in a garage. Special counsel to the president finding additional docs thursday night he went to bidens wilmington home. With the corvette. And said quote because i have Security Clearance i went to wilmington thursday evening providing the documents the president s personal counsel on wednesday to the Justice Department while i was transferring it to the d. O. J. , officials who accompanied me five additional pages, markings were discovered among the material with it for a total of six pages. Dont worry, the president is so very serious about classified documents, the white house making sure that you know that. The Press Secretary saying at least 28 times between wednesday and friday. Watch. He said he takes classified documents and information seriously. He takes classified documents very seriously. He takes materials seriously. He takes classified documents and information very seriously. He takes