Isnt this something that is just absorbed over time as more employers employees make money, they spend more and then youll have to rehire. Isnt this a red herring argument . And my second question is, why dont we just increase minimum wage or do some index so were constantly increasing wages and we dont have to have this discussion. With the minimum wage l on the increase economists by and y large agree that there is a negative impact overall on the economy, particularly on like the 18 to 25 demographic where you see recordem levels of n unemployment. Thats because they do not get the entry level jobs. Employers are not hiring those low level jobs. I wo i would disagree that its a red herring. Theres a real impact on the businesses in this country. I with due respect, i completely disagree with her ngs of readings of the economic studies which have come to conclude theres no significant job loss associated with raising minimum wages. And while it is true that youth hat yout unemploymen
Surrounding region. More than 50 people have been rescued and the death toll is now at 245. The United Nations today unanimously passed a resolution to investigate crimes in iraq. Anarygeneral antonio Investigative Team to help iraqs authorities to investigate crimes committed by militants and bring them to justice. Long timehave taken a to get here but todays resolution is a landmark, a major first step toward addressing the suffering an injury of the victim of victims of crimes committed in iraq. Mark can yous Electoral Commission has announced move the date for a new president ial election to october toy sixth. The election was nullified by the kenya supreme court. Thatew it was ruled they did not follow constitutional guidelines. It is the first time a vote has been legally overturned and africa. Decisiondent says the subverted the will of the people. Global news 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. This is bloomberg. Live from bl
Nice orange tie. That would make me Bill Griffeth the end of the month, which z stocks are the big winners and big losers for the month of october. What a year it has been for the stock market today the cme looking to launch Bitcoin Futures before the end of the year. A wall street expert says it reninds hr reminds him of the financial crisis all over again. Terry duffy will join us to discuss that on a first on cnbc interview coming up. Kind of like christmas music, you can only play it that one time right . Then tomorrow its too late. All right. Lets get to washington where executives from facebook, twitter, and alphabet are testifying right now before the Senate Judiciary committee about social medias role in last years president ial election Kayla Tausche has the latest on whats going on right there. Kayla . Reporter bill, youve seen the ceos and chiefs of these Companies Pushing out prepared testimony on their various platforms but its the general counsels who are here in washingt
Court appearance. The best ever . 25 years25 a after the redskins last super bowl, the team given new reasono to celebrate. Dubbed the best championshipp team ever. R so do you agree . And another tv icon loft. Hollywood remembers mary tyleryl moore. Good day at 9a starts now. People are throwing hats everywhere today in homage ofmao Mary Tyler Moore. Oo. Were so glad youre with us ono this thursday, january 26th. Ua t big day ahead on good day. Day its throw back thursday. So well be going big with starr power live in the loft. As we speak tucker isker is bursting into song. Rsng into im sure you are at home as well we all remember that song rightg finally it was the dance hit oft the 90s. Si in the loft. The lof shell be right here dishing on her more than 20 years of of stardom. And why shes in the nationsios capitol this weekend. Weekend. Well find out about that. Nd o we wont let her go without w doing a little fox5 rendition of finally. Finay. Why do we torture our guestst youre
Youre jammed toward the 880 interchange, just shy of the interchange, four lanes blocked by the overturned trailer. We dont know exactly what is going on at the moment. We know six chp cruisers have arrived on the scene. If youre trying to make the connector you will not probably make it. Its about 20 feet away from what i understand. Exit at first street. If youre coming down 880 get toward brokaw, first street. This takes you past the seen or get on northbound or southbound 880. Our chopper is headed to the seen and more details will come in. Ill stay with you and well talk about this. Again, southbound 101 blocks four lanes of five. Only one lane gets by. You can use first street through city streets to get you around this. Well continue to follow the situation. Thats the only thing going on for the south bay. Everything else is moving well. Investigators are sifting through whats left of the burnedout oakland Apartment Building that was under construction which was destroyed in a m