By this because heres what were learning today today new report fresh off the press right crease in nearly 50 years last month this is according to the bureau of labor statistics in the United States government biggest jump meat and eggs youre now paying 4. 3 percent more for meat megs all in one month by the way imagine how much higher it could still get by the way youre going to be paying 1. 5 percent more for fruit and vegetables and 2. 9 percent more for cereals and breads just on average you want to talk jobs lets talk jobs new study there too this comes out of Stanford University it says that of all the people who have lost their jobs in the United States so far 60 percent of those are going to get their jobs back conversely 40 percent are not going to get their jobs back thats a big nut right now this is based on whats happened. Historically during recessions and its about a month long study that they have done now lets look at the macro side to this story and by that i mean all
By this because heres what were learning today today new report fresh off the press right so grocery prices are increasing and i mean in a big way theyre showing their biggest monthly increase in nearly 50 years last month this is according to the bureau of labor statistics in the United States government biggest jump meat and eggs are now paying 4. 3 percent more for meat megs all in one month by the way imagine how much higher it could still get by the way you going to be paying 1. 5 percent more for fruit and vegetables and 2. 9 percent more for cereals and breads just on average you want to talk jobs lets talk jobs new study there too this comes out of Stanford University it says that of all the people who have lost their jobs in the United States so far 60 percent of those are going to get their jobs back conversely 40 percent. Are not going to get their jobs back thats a big nut right now this is based on whats happened historically during recessions and its about a month long st
Hand to break it all down with a packed show today so lets dive right in. And u. S. Equities rebounded thursday after big drops early in the day at open the 3 major indices in the dow s. And p. 500 tech heavy nasdaq all fell by at least 1. 5 percent but turn positive hitting session highs in the final hour of trading markets were initially pushed down by more bad news in the u. S. Job market as the Labor Department reported nearly 3 1000000 d new jobless claims for the week ending the 8th of march now this brings the total number of unemployment claims in the u. S. To more than 36. 00 a 1000000 over the last 2 months due to the coronavirus pandemic now the Unemployment Rate in the country is now over 14 percent now it has been a rough week for u. S. Markets on wednesday alone the dow dropped 2. 2 percent the s. And p. Lost 1. 8 percent and the nasdaq which had been having a really nice run fell by 1. 6 percent this market turmoil is the. Also comes as the u. S. Federal reserve ward of
Indices in the dow s. And p. 500 tech heavy nasdaq all fell by at least 1. 5 percent but turn positive hitting session highs in the final hour of trading markets were initially pushed down by more bad news in the u. S. Job market as the Labor Department reported nearly 3000000 new jobless claims for the week ending the 8th of march now this brings the total number of unemployment claims in the u. S. To more than 36. 00 a 1000000 over the last 2 months due to the coronavirus pandemic now the Unemployment Rate in the country is now over 14 percent now it has been a rough week for u. S. Markets on wednesday alone the dow dropped 2. 2 percent the s. And p. Lost 1. 8 percent and the nasdaq which had been having a really nice run fell by 1. 6 percent this market turmoil is also comes as the u. S. Federal reserve ward of a prolonged recession dashing hopes of a quick recovery for the Worlds Largest economy and joining us now to break down what is going on in markets is boom bust cohost Christ
This is food bus the one business show you cant afford to miss im french born washington coming up markets have had it up and down day as hopes of a quick recovery are fading we analyze the numbers and how a potential recovery could look and as Digital Currency is seeing a ray of hope amid the outbreak telegram has halted its cryptocurrency project straight ahead we have a boom bust panel to go over whats happened plus sector after sector has faced the wrath of cope at 19 how is Media Consumption fairing we have an industry analyst on hand to break it all down we have a packed show today so lets dive right in. And you. U. S. Equities rebounded thursday after big drops early in the day at open the 3 major indices in the dow s. And p. 500 and tech heavy nasdaq all fell by at least 1. 5 percent but turned positive hitting session highs in the final hour of trading markets were initially pushed down by more bad news in the u. S. Job market as the Labor Department reported nearly 3000000 ne