October 18 futures indicated up about 50 points for the dow s p indicating to be up about six points all of this riding on the big number it is jobs friday expecting an increase of 75,000 none farm jobs and increase of Unemployment Rate of 3. 6 . The numbers are weighed down by the strike at General Motors those striking are treated as unemployed thats important to remember overnight in china, new data showed factory activity slank. Analysts expected it to pick up from last month. All of this raises the stakes for the trade war. Eunice yoon has more for us now. Thank you, becky. That official number was different from the private survey that came out showing factory activity expanded at the fastest pace in two years. It could be because the private survey tracks small and private companies as open toesed to large ones. China this morning proved to be a tech power house the goal here for 50,000 they keep on serving now with the 5g enabled phone apple is on 4g and the huawei phone is 10
Noorani on the houseboat extend protections for Daca Recipients. At 8 30, americans for tax reforms Grover Norquist on the Trump Administrations trade and tariff policies. Host good morning. It is wednesday, june5. Begin on the rift opened between Senate Republicans and the white house with President Trumps new threat of tariffs on mexico. President trump saying they would be foolish to try to block the tariffs. Republican callers only in this first hour. We will hear about if you support the tariffs on mexico. Give us a call if youre a republican eastern of central time zone at 202 7488000. If you are a republican in the mountain or pacific time zone, 202 7488001. You can also catch up with us on social media, on twitter and facebook. Morning. Od wednesday you can start calling and now. We are asking for republican callers only for the first halfhour for your thoughts on the new escalating tariffs that is it is from this will begin next monday unless mexico does more to curb illegal c
Revised plan, which includes new spending cuts and borrowing strategies. Welcome, everyone to the for this afternoon. Im alex savage and good afternoon, everyone. Im frank mallicoat, the proposed cuts include shrinking the states workforce and cutting back on some services to address the states projected deficit. Ktvu jana katsuyama. Listen to the announcement. Joins us here on the desk with more. And of course, the governor is already getting criticism from all sides about this revised proposal. His revised budget is 288 billion for 2024, much lower than his original 310 billion budget. Governor newsom said the state is facing a 27. 6 billion budget deficit for the 20 2425 fiscal year. His proposal includes cuts in services to about 260 state programs, and hes also proposing an 8 reduction in the states workforce by eliminating unfilled job posts, plus or minus 10,000 vacant positions. Those positions are being determined in real time at every agency and department. We want a leaner g
Share. That topped estimates by a full six cents. That was the positive revenue came in a bit shy of expectations. Still, big blue brought in nearly 21 billion in the quarter. If thats shy, id like to be shy. Investors were not pleased, though they sent shares lower right off the bat in extended trading today. John fort has the one takeaway you should focus on. One takeaway from the ibm call the downturn in Growth Markets was not enough to make up for stabilization in the services business. Brazil russia and china, and particularly down doubledigits. Those were markets that ibm was looking forward to grow. India was up partially. Services backlog was up to 122 billion. The first time thats seen positive growth in a couple years. That wasnt enough to make up for the trouble in Growth Markets and the stock was down after hours. For nightly Business Report im john fort. The street will be focused on ibms earnings there will be plenty of big name teks companies announcing their results thi
Share. That topped estimates by a full six cents. That was the positive revenue came in a bit shy of expectations. Still, big blue brought in nearly 21 billion in the quarter. If thats shy, id like to be shy. Investors were not pleased, though they sent shares lower right off the bat in extended trading today. John fort has the one takeaway you should focus on. One takeaway from the ibm call the downturn in Growth Markets was not enough to make up for stabilization in the services business. Brazil russia and china, and particularly down doubledigits. Those were markets that ibm was looking forward to grow. India was up partially. Services backlog was up to 122 billion. The first time thats seen positive growth in a couple years. That wasnt enough to make up for the trouble in Growth Markets and the stock was down after hours. For nightly Business Report im john fort. The street will be focused on ibms earnings there will be plenty of big name teks companies announcing their results thi