Good morning, kumasi. A flight a tep dapt that we spoke to described it as the end of a dream job or career. Hes furloughed as airline aid expired at midnight last night. Right now airlines are furloughing tens of thousands of employees. American, delta and United Airlines have all announced furloughs and all of those airlines have a major footprint here at mineta San Jose National airport. Air travel is down 70 from last year. That is, in part, the reason they have to go through with the furloughs. A second round of airline aid has been stalled in washington for weeks. Thanks to inaction from congress, theres no telling when help could come, forcing airlines to shed tens of thousands of more jobs and taking the former employees off their health care. I had dreamed of being a Flight Attendant when i was a little girl. My dreams came true. I have my dream job. I have been asking myself, what do you do when you lose your dream job in where do you go from there . I dont have any answers r
Which shoppers continue to buy essentials even as borrowing costs rise and inflation pinches their budget chinese property crisis deepens. Another company with openings to the sectors misses payments. The latest investments from beijing straight ahead later in the show, its not just the cost of tuition that continues to go up every school year living off campus is creating sticker shock for students and their parents. It is thursday, august 17th, 2023 youre watching Worldwide Exchange right here on cnbc good morning, welcome to Worldwide Exchange. Were going to check the stock futures. Theyre in the green across the board. Fractionally higher for the s p 500 and nasdaq at this hour, the dow will open 40 points higher h h losses picking up in the final hour of trading. Most people see serious risk for inflation that may require more rate hikes in the future back to back losses with the nasdaq leading the declines down 1. 2 the s p 500 closing at its lowest level in more than a month. Th
Even some republicans are concerned. As rick perry gets tapped to lead energy, a department he famously forgot he wanted to eliminate. Commerce, education, and the whats the third one there . Lets see. Funny. Plus, donald trump delays his Big Press Conference about the future of his businesses. But he does tweet his companies will make no new deals while he is president. And an arctic blast. A brutal polar plunge sweeping across the nation. It is going to feel like minus 30 in parts of the midwest. So how low will temperatures go where you are . And it is in the jurys hands. The case everyone is talking about, did this woman fake these tears when told of her husbands murder. Glrb im sorry to tell you, hes win killed. The cops made it all up. The husband was alive. They allege she had hired a hitman to murder him. Now one of the most bizarre cases ever finally comes to a verdict. Were going to begin today with questions surrounding donald trump and his choice for the next secretary of s