This is boom bust the one business show you cant afford to miss unfair montecito in washington coming up the rate in new unemployment claims may be leveling off but congress and the white house look to be stocked yet again on a stimulus plan to continue to rise across the globe due to the pandemic swine flu and unpredictable weather will tell you what this could mean for those who are already struggling to get enough to eat we have a lot to get to the law that starts. We begin today with jobless claims as u. S. Unemployment fell just slightly for the week ending on october 3rd to a fresh pandemic low the u. S. Labor department reported initial jobless. 840000 worse than expected showing the labor market is still experiencing a slow recovery while the economy is still growing its been a gradual comeback as concerns rise over another wave of layoffs without another federal relief package still some 25500000 americans are collecting some sort of benefits so for more on this and the overal
The life of Wendell Willkie. I stand before you without a single pledge or promise or understanding of any kind except for the advancement of your costs and that your cause and that of democracy. [applause] i expect the republicans Wendell Willkie ran for president in 1940. These are some damages some images of him on the campaign trail. We are here with David Willkie. I want you to introduce the cabinet audiences of some of the fervor. Your grandfather ran for president and try to defeat Franklin Delano roosevelt, who was seeking a third term. Was seeking a third term. Captions Copyright National cable satellite corp. 2008 captioning performed by vitac. Grew up in elwood. When they married, this was the place they generally call home. In the family, my great great grandfather had lost his shirt during the depression. Instead of giving his father in law a handout, when the willkie and bought a farm land. He asked his fatherinlaw if he would manage it. How much time did he spend no ques
Heavily political negotiation we said we cannot tell what is going to happen. The market seems to believe there will be some kind of stimulus, the dow up this morning up 150 and nasdaq of 171. Plenty of green on expectation of a stimulus deal. As for the white house, doctor sean conley says the president has responded extremely well to treatment. And expects him to return to public engagement, mr. Trump is going to do just that, hes going to florida for a rally tomorrow. Speaker pelosi questioning the president s fitness for office, she intends to bring up the 25th amendment to the constitution which is about the presidencapacity to function. On the one hand they negotiating training in dollar stimulus plan and on the other the speaker questions mr. Trumps ability to run the country. To the debates, more confusion. Mr. Trump will not participate if its virtual, joe biden says he will be there anyway. But he has scheduled a town hall with abc on debate day, october 15 and a raging debat
At his Long Island High School five days per week, so he showed up on Remote Learning days. The school threatened to close if he didnt stay home. More than 2,000 of his classmates signed a petition calling his actions egotistical. House Speaker Nancy Pelosi said the house would stay in session until the house reached a deal on can coronavirus relief. That could stand them to face voters without delivering more aid. A Bipartisan Group of moderate lawmakers have signed on to a compromise stimulus plan in hopes of reviving talks. Turning, now, to the new developments in the Deadly Police shooting of breonna taylor. Six months after she was shot and killed by Police Serving a noknock warrant, taylors family has reached a 12 million wrongful death settlement with the city of louisville. Heres abcs alex perez. Reporter one of the largest settlements involving police louisville agreeing to pay 12 million in the wrongful death lawsuit brought by Breonna Taylors family. Im deeply, deeply sorry
Washington as the next stimulus bill hangs in the balance, airlines are taking a hit as that october 1 deadline to avoid massive layoffs is fast approaching. Weve got the details and the very latest on that. Shares of the chinese electric car maker nio, i thought he was a singer they are up 400 this year. Power lunch begins right now got to play some neo now thank you, tyler the market vs thes have their en washington as the stimulus plan is being worked out. Will it pass lets get check with ylan. Reporter the conversations do continue. House Speaker Nancy Pelosi is scheduled to speak tomorrow with the treasury secretary they already spent 50 minutes on the phone this morning talking about the democrats new 2. 2 trillion proposal. The bill does include some white house priorities, including 25 billion in aids to the airlines and extension of ppp for the hardest hit businesses and 182 billion for k through 12 education. There are al some democratic must haves such as 436 billion in stat