Budgets, they have to invest less in new products and lay off thousands of workers and has all sorts of knockon consequences. In 2015, when we saw the price of energy come down there are about 100,000 layoffs in the Energy Sector. In fact, the only sector in the economy that actually saw job losses because we have all been talking about how happy to have 5 unemployment. Guess what. In the energy patch theyre laying people off. Oil is a big factor. Another big factor watching and nervous about is overseas, the selloff were seeing in chinese equities still pretty wildly valued and worried wondering if thats a reflection of the chinese economy slowing down. Thats bad news for Big American Companies that export into china. We also the csmi global benchmark. Its down 20 or more from the most recent peak and theres a global selloff in equities and u. S. Investors biting their nails thinking, if everybodys worried about global growth, thats got to be bad for the big American International sto
Had a strong weekend and gained some ground on donald trump. Trumps lead in the race for delegates is just 87 now. For the democrats, Hillary Clinton is holding onto her top spot by more than a two to one margin. On tomorrows menu, we have four states in all. Both republicans and democrats will have primaries here in michigan and mississippi. The gop also has contests in hawaii and idaho tomorrow. Think it have as super tuesday jr. To give you some perspective here, the state were in now, michigan, has more democratic delegates to offer than all of this past saturdays states combined. So the next logical question is, who is ahead here in michigan . For the democrats, its Hillary Clinton by a lot. A new nbc wall street journal marist poll has her up 17 points. Donald trump holds a similar position, 19 points over the field of republicans. Our reporters are following the upcoming races in key states mississippi, florida and right here in michigan. After five gop contests over the weekend
Industrial average tumbling 609 points. The market still settling, those numbers could move on what was a very active day on wall street. Of course the reason, the uks vote that will have it leaving the eu. This was unexpected. The markets had been pricing in a remain vote by the uk, and the markets dont like surprises. As a result, we saw stocks tumble today and safe havens like gold, the dollar and u. S. Treasuries benefit from the fear that this has raised among the investment community. The fear, of course, is the uncertainty that lies ahead. The reason being they dont know how long it will take for the uk to extricate itself from the eu. They dont know what kind of implications it will have for the uks economy, one of the largest in the world, and that will have a Ripple Effect here in the u. S. They dont know whether or not this is a first step of the uk leaving the eu. If it is, of course thats going to have implications for a market that right now is actually bigger than the u.
Talking about a number of counties, a large number in the state. Reporter there are 44 counties currently under a state of emergency. Virginia is a pretty rural area and a lot of people live and work off the land. My own grandparents live an hour up the road and both from here. We have farms. What people here do. Lots of mining country. One of the women trapped inside of her car, i spoke to her and said, you saw your car lights just going beneath the water and youre standing here in your so socks, were you scared . She said, yeah, i was scared but knew West Virginia would come together because thats something West Virginians do. Thats something we heard the governor say, saying West Virginia comes together not only to help their family but friends and neighbor. Even though this is happening most severely in this county and 44 counties already declared a state of emergency, this is something not only affecting this state but also virginia where hundreds of thousands of homes remain with
people who hold these offensive views are part of mr. trump s base. and mr. trump himself would be the first to tell you he has the biggest base of any republican politician these days. hillary clinton just weighed in from new hampshire this afternoon. well, i was appalled and as you may know, you know, quickly put out a tweet expressing the great disappointment with that kind of rhetoric and calling on him and anybody else who is seeking the highest office of the land to start behaving like a president. to show respect and to stand up for the truth. he knew or he should have known what that man was asking was not only way out of bounds it was untrue. and he should have from the beginning repudiated that kind of rhetoric, that level of hatefulness. so big reaction from hillary clinton and the white house and republicans criticized trump today. chris christie said things would have gone down differently with him. somebody at one of my town hall meetings said something