Stocks and bonds are selling off. The dollar edge is marginally higher, stronger by. 2 , but not translating into a weaker commodity story. Brent crude trading at a 98 handle up almost 4 . Lets go to President Biden in maryland is speaking about the job support. President biden it has been the fastest increase of people reentering the workforce of any modern economic recovery. There is something else. Our job market continues to show resilience as we navigate this economic transition. For some time, i have been saying that what we need to do in this transition is to move from historically strong economic recovery to more steady, stable recovery. We need to bring inflation down without giving up the historic economic progress workingclass and middleclass people have made. That is what we are seeing. Over the past four months we have created an average of 350,000 jobs per month. That is down from the 400 50,000 jobs per month the prior four months and down from the 600,000 jobs per month
From our studios in new york, this is charlie rose. Jay carney is here. He is the White House Press secretary. Two thousand since 11. He was rector of communications for Vice President biden. He spent his career at time magazine. His position at the magazine was Washington Bureau chief. President obama announced that he had accepted carneys resignation. One of his favorite lines is i have no Personnel Announcements at this time. But, i do. It is bittersweet. It involves one of my closest friends here in washington. Came to me and said he was thinking about moving on. I was not thrilled, to say the least. But, he is a tube wrestled with this for quite some time. He has been on my team since day one. For two years but the vice us as the press secretary. Have jayleased to carney back at this table. Welcome. Thank you. What was that moment like for you . I thought about it for a while. We wanted it to be a surprise. Once i got to the president in sad butd had a gratifying conversation abou
From our studios in new york, this is charlie rose. Jay carney is here. He is the White House Press secretary. He has served since 2011. He was rector of communications for Vice President biden. He spent his career at Time Magazine. His position at the magazine was Washington Bureau chief. President obama announced that he had accepted carneys resignation. One of his favorite lines is i have no Personnel Announcements at this time. But, i do. It is bittersweet. It involves one of my closest friends here in washington. In april, jay came to me and said he was thinking about moving on. I was not thrilled, to say the least. But, he has wrestled with this for quite some time. He has been on my team since day one. For two years with the Vice President , with us as the press secretary. I am pleased to have jay carney back at this table. Welcome. Thank you. What was that moment like for you . I thought about it for a while. We wanted it to be a surprise. Once i got to the president in april a
This comes after they raised another 1. 2 billion in a round led the fidelity and Clement Perkins and blackrock and others. Kleiner perkins, blackrock and others. Uber will use financing to expand its operations. Today marks the 30th anniversary of one of the most popular games ever. Tetris was designed by a russian scientist who worked in a soviet computer lab when he came up with a puzzle game. The game has millions of paid mobile downloads and is on 50 different platforms. To the lead story of the day, the fcc created creating internet fast lanes, netflix has no plans to back down and is fighting with verizon over internet speeds. Some say netflix will continue to display on screen messages and blaming internet providers for slowmoving videos. This comes after verizon sent netflix a cease and desist letter, demanding they stop displaying the message blaming arises Credit Network for the videos loading slowly. In verizon lawyer wrote there is no basis to assert that issues with respe
More than 1. 1 million confirmed coronavirus cases here in the United States, and that more than 67,000 americans have died. And we can all agree that the economic toll is staggering with more than 30 million americans filing for unemployment. But what americans and Public Officials cant seem to agree on is how and when to reopen the country. By tomorrow, 33 states will have begun the process of at least partially reopening. A recent gallup poll found that 44 of republicans and just 4 of democrats said that theyre ready to return to normal activities. And this week we watched as protests broke out in states like michigan where a statewide stayathome order remains in effect. Of course, it was just two weeks ago when the president called for the liberation of certain states, michigan included. And this week the president tweeted his support for those protesters calling them, quote, very good people, and urging Governor Gretchen Whitmer to give a little. The disagreements and the divides