Unemployment benefits, though not at current levels. In other words, a cut to what the jobless are receiving right now. And in a nation with more than 30 million unemployed and more than 4 million covid cases, they also made the president s reelection strategy pretty clear. Youre in a housing boon right now. Youre in a retail sales boon right now. Youre in an auto car boon right now, manufacturer. Look at the ism indexes all booming. The nothing to see her approach extending to the optics. The white house proudly sending out this photo this weekend of the president golfing with brett favre. Well show you that photo in a little bit. All of this in the face of poll after poll right now showing that the president is in some pretty deep trouble. A new one from nbc news and maris to the battleground state of arizona with joe biden is up by five points. Later this hour, ill talk to Biden Deputy Campaign manager kate benningfield about their strategy for the next 100 days. And were also watch
[camera shutters] pres. Biden thank you all for your patience. Secretary, thank you. Before we begin, i would like to speak briefly about todays jobs report. It has just been issued. We received more good news. In august, the economy created 315,000 new jobs. The great americans job machine continues to come back, American Workers are back to work earning more, and building an economy from the bottom up and the middle out. With todays news, we have now created nearly 10 million new jobs since i took office. Nearly 10 million jobs. The fastest growth in all of american history. In august, we also saw the share of americans working on our economy went up. Economists call that labor force partition participation rate. Working age women are now, for the first time, back at work at rates not seen since before the pandemic. Wages are up, unemployment remains near a 50 year low, and yesterday, we got data that showed manufacturing orders were up but Cost Increases and supply chain items were
Egypt. The reinstatement of the former president. Well hear exclusively from the foreign minister about rebuilding the country with the help of international aid. That support has to be strategically used. It gives you a reason. Announcer youre watching Worldwide Exchange bringing you Business News from around the globe. Welcome to the first Worldwide Exchange of the week. Were about an hour and a minute into the trading session here in europe. We are weighted to the up side, 6 to 3. Decliners outpace the gainers. The unemployment number last week which exacerbated thoughts we may get some tapering possibly as early as this month. It has not put off risk appetite. Along with the chinese better export data and inflation data, maybe the Global Economy is doing better. Therefore, risk assets have started to rise somewhat. Lets break that down for you in terms of individual sectors. The ftse down. Flat this morning. The xetra dax is up. 4. The ftse is up around half of 1 . One interesting
Seven people were injured, but no one died. The blue rhino plant in tavares resells propane tanks like the ones used in barbecues. Up to 26 people were working the night shift when the first blast blew the roof off the plant. Flames that shot hundreds of feet high could be seen for miles. Tara mergener has more. Reporter a huge fireball shot into the sky, as explosions rocked a Propane Company in tavares, florida, near orlando. Like a big circle of fire. Reporter the blast started around 10 30 at the blue rhino propane facility, a company that exchanges and cleans propane tanks. At least two dozen employees were in the building at the time of the blast. I heard an explosion, and it probably threw me back about three feet. I landed on my butt and i kind of seen like blurry, and my ears were ringing real bad. All i could see is everyone just running. I just kind of got up and ran. Reporter there were more than 53,000 tanks at the facility. It sounded like a bomb going off. And hundreds o
Yes persistence pays off. Thats pretty good. Well have more on that in a little while. Meanwhile, a lot of people talking about the first lady last night at the inaugural ball in that stunning red gown. Beautiful red gown getting rave reviews. The designer is jason wu. This is what they call a threepeat. He did the gown at the 2009 inaugural. He will join us live exclusively in a few moments. Well have more highlights from that historical day, including how president obama is using his inaugural address as a call to action for a second term. Also ahead, what do you think about coworkers who show up even though they are sick . I dont do it that often. Its actually a serious story. Sometimes people dont have a choice. Sometimes they arent paid for their sick days, so they have to go to work or dont get paid. So were talking about more efforts to make sick pay mandatory. And rare interviews with prince harry in afghanistan that are getting a lot of attention. He talks rather candidly and