Are absolutely coming for our jobs, you can see it already, take a look at the relatively low decline rate Labor Force Participation rates, and number two, it will allow for the creation of completely new jobs and industries, just as in previous revolutions, so there is nothing to worry about. In any event, occupational internment is at an alltime low. The truth is probably somewhere between those, maybe. That is what this panel will talk about, automation and ai, are they a substitute or complement to human labor . We have a great panel to discuss this today, and i will introduce. Hem very quickly first, we have diane daly, an associate professor at the school of information at ut austin, she studies technology and work. Her Current Research interests include engineering product design, data and health care, and economic development. Conductive material to studies conducts imperial empirical studies as well. James bessons from the Boston University school of law, he is an economist. H
Immigration, national security. We could hear details from any one at any point this hour. Well take you live. The big topic at White House Press briefing moments ago, President Trump blasting former white house chief strategist steve bannon saying he not only lost his job he lost his mind. How this fight plays out with the president s base and his staff. Theyre calling it a bomb cyclone. A major blizzard warning in effect for portions of the u. S. Here is a live look at snow covering charleston, south carolina. People in shirt sleeves, they dont believe it. Where the storm is headed to next. Who will get hit the hardest. Among the guests, matt gaetz, florida congressman, member of the House Judiciary Committee. Howard kurtz, joy villa, member of President Trumps reelection committee. Gerri brand new record high, shares of ibm, dow and dupont. Phil flynn from the cme in chicago and Nicole Petallides from the New York Stock Exchange where shocks are shrugging off any political fears. 10
First trait to Nicole Petallides on floor of new york stock exchange. What is fueling the selloff . There is selling across the board. The stock market is up 42 since election today but today is a big selloff. Were not normally seeing this kind of move. This move, the dow dropping 361 points. A loss of 1. 4 roughly. This is the big offloss for the Dow Jones Industrial average since last may, since may 17th. You are seeing a twoday selloff accounts more than 2 for the week, right . It is only tuesday. Well see what happens tomorrow. That being said, early before the stock market could open, all 30 dow components all in the red. We had a story trending on health care, story on energy. Lets break it down. First backtoback losses weve seen for the dow of this year. Dont forget weve had the s p 500 having the best start to any year since late 1980s weve had a great one but these two days have been tough. 10year bond yields. As we watch treasury yield jumping moving higher, highest level sin
Look at this. Tempers flaring as a texas legislative session gets physical. Protests and threats emerging over a law banning sanctuary cities in the state. Well speak with one state lawmaker behind a bill who was a witness to that fight. Dont mess with our flag. Well be speaking with two veterans who are fighting a local ordinance would prohibit them flying the stars and stripes in their own homes. Why . Well ask them. Melissa goldman sachs, jpmorgan, exxonmobil among todays biggest drags. Go straight to Nicole Petallides on the floor of the new york stock exchange. Nicole, markets as a whole seem to sit tight until tomorrows big jobs report. Big stocks closing at brand new record highs. Thats right. Great to see some names that everybody holds in their 401 k s, iras. Alphabet, microsoft, tesla doing great despite a market that pulled back. Alphabet, 996 getting so close. Google alphabet getting close. Not only intraday highs but closing at record highs. Microsoft at its third record c
President Barack Obamas Energy Executive orders. The bottom line, this is all about coal. He previously campaigned on the campaign trail, promising to extend several of these executive actions in several key states in the workingclass voters he was able to attract, particularly in coal states like West Virginia. It also provides a political opportunity to reach across the aisle to work with more centrist and moderate democrats, like Heidi Heitkamp or senator joe manchin, democrats in particular who visited at the white house the previous week, talking with the president on coal policy. This is a big win for that industry. They lobbied heavily against the Obama Administration and now they seem to have gotten some results with President Trump. Scarlet to what extent will democrats be on the stage are part of the optics of the signing of the executive order . Foremost,st and democrats are criticizing this aggressively, including several environmental groups that have already been flooding