raising interest rates five times this year to combat inflation. and even with this new report, economists say people should still be bracing for the possibility of a recession in tough times ahead. so let s get to the new report and what it means and what is it doesn t. matt egan is here. and what does this good news say about what is next? well, kate, not that much. this is a rearview mirror number. it is a snapshot in time. we know the economy got knocked down in the first half of the year, but it got back on its feet this summer. gdp rising 2.6%. that is solid. consumer spends slowed but it is still positive. i think that this should silence the argument that the u.s. economy is already in recession. right. gdp is positive, the jobs market keeps chugging along. new numbers show that initial jobless claims which is a proxy for layoffs, they remain low. at pre-covid levels. how you could have a recession if you don t have playoffs. this is so confusing. because the ec
border into a broken turnstile and releasing a record wave of immigrants biden is here to fix it. the president will be traveling to el paso, texas, on sunday, my day off to visit the border for the first time in his 50 year career. making the announcement admitting that there s a problem, but refusing to call it a crisis. today i would like to talk to you about how my administrations dealing with the situation in the southwest border. greg: biden s big idea to stop the flow of illegals is have them download an app. if they are seeking asylum, they can use an app on their cell phone called cbp1. to schedule the appointment and the a portent of entry to make the asylum point without crossing the border unlawfully and have a decision determined by asylum officer do they qualify? greg: it would not be a biden press conference be to without republican bashing. republicans refused to consider my plan and the rejected my recent request for an additional $3.5 billion to se
wow! and i don t think i made that in the whole three months i was there. can t afford shampoo. you were trying so hard to project a kind of wolf of wall street image. i don t want to sound dramatic but it was like selling your soul. and could direct sales companies be breaking the law? i m speechless. if they were here right now, . i would ask them what on earth they think they re up to. so, at this point in the day, i m going to explain what you can expect to be doing in the business, essentially. you re learning the very basic skills. # and a girl like me. ..sales, you get marketing. # ..making money like me. ..time management, teamwork. # high roll like me, making money like me, # taking over like me. # taking over like me! on average, you re looking at £350 to £400 a week as your starting pay. once you ve done a certain amount of sales, you re doing things like recruitment, training, running road trips, basically building your own little empire, essentially. finally, w
we want to get to the september jobs report. the unemployment rate dropped to 3.5%. what does this mean for future interest rate hikes? meanwhile, the markets are reacting, the dow down around 400 points and it comes as americans face a convergence of economic pressures from rising prices at the gas pump, rent and mortgage rates up, and inflation burning a hole in our wallets. we could hear from president biden as he heads to maryland. we ll watch to see if he stops to comment on this report. with me now brian cheung, josh letterman, also joins us, host of public radio s full disclosure and politico chief chief correspondent. the biggest jobs gains were in leisure, hospitality, health care. i think the big takeway is that the labor market still appears to be chugging along. americans have options out there. with the unemployment rate a 3.5%, by the way, multidecade lows on that front, you re not seeing the traditional recessionary dynamics in this labor market where you
in galicia in the north west of spain. heavy rains hampered efforts to retrieve the bodies throughout the weekend. now on bbc news, the dark side of direct sales. the world of door to door sales and selling on the street has been rebooted for the social media age. young people are being promised big money, glam work trips abroad and the chance to work with some of the biggest brands in the uk. but the reality can be very different. i m lora jones and, for the past year, i ve been investigating the dark side of the direct sales industry. are young people chasing a dream they can never achieve? just, like, chews you up and spits you out. i probably blew about £2,000 in, like, road trips and stuff. wow! and i don t think i made that in the whole three months i was there. can t afford shampoo. you were trying so hard to project a kind of wolf of wall street image. i don t want to sound dramatic but it was like selling your soul. and could direct sales companies be breaking the l