welcome to the lead. i m kaitlan collins in for jake tapper. we start with the money lead. wall street closing this hour mostly flat after today s jobs reported exceeded expectations. great news, obviously, but not slowing rising prices and fears of a recession. according to the bureau of labor statistics, the united states added 372,000 jobs in june and on average american paychecks are up 5.1% in the last year. but that s not keeping up with inflation, which jumped 8.6% annually in last month s report. that s a problem for president biden as he is struggling to convince americans his economic agenda is working. my economic plan is moving this country in a better direction. reporter: more signs on friday of a robust u.s. labor market. the economy adding 372,000 jobs in june, far beating economists expectations and the unemployment rate remaining at 3.6%, near historic lows. president biden celebrating the news, saying the u.s. has now recovered all of the jobs lost du
staircases. scenes not usually photographed by typical tourists. one of the men seen the next day walking from the president s rally. there s no escape, pelosi. schumer. nadler. we re coming for you. we re coming in like white on rice for pelosi, nadler, schumer, even you, aoc, we re coming to take you out. there is a lot more. we will have a report from capitol hill on the latest. the federal reserve today back in the spotlight with the expected announcement of the first big interest rate boost since 1994 to try to combat historic levels of inflation, which shows no sign of leveling off. president biden pressuring oil companies as prices at the pump soar, sending letters to seven refiners asking them to increase supply and explain their big profit margins and a meeting with the energy secretary about to happen. on capitol hill, more optimism about bipartisan support for a compromise gun safety bill. if it leads to a piece of legislation, i intend to support it. i t
places staying dry with a bit of sunshine. very high for the time of year. and that s bbc news at ten. newsnight is just getting under way on bbc two. on bbc one, it s time tojoin our under way on bbc two. colleagues for the news where you are goodnight. a wave of mental health illness has hit the workforce now the single biggest reason among the under 44s for not seeking work. it s now become an economic problem, but is this here to stay? on the day that the economy showed again its inability to grow, a key problem remains the size of the workforce. i m in bed most of the day, because i m in bed most of the day, because i have nothing to do, nothing to achieve. so, yes, iwould say i have nothing to do, nothing to achieve. so, yes, i would say the employment side is much better, if i was in it. we have an exclusive investigation from ben and talk to the experts. also tonight. the un children s boss who hasjust returned from gaza on the day rains turn palestinian tent citi
i m not talking about the weather ahead of the first bite and entrant face-off a week away to the issues topping this bitter contest of the economy, inflation, the border you name it u.s. treasury secretary janet yellin chicago they are here on all of it. welcome everybody i m neil cavuto. neil: two big newsmakers in a movement. first peter at the white house numbers shifting the presidents way. peter. reporter: and neil the president is underwater on the issues that typically decide a presidential election but he was starting from such a position no weakness that it s actually an improvement. look at this, 41% approval for the economy and 37% on inflation are his highest in over two years. has 35% approval on immigration is actually five points higher than it was last month. that is part of the way to get here. for the moment a two-point lead over trump in the new poll. independents have been breaking for trump by two now backing biden by nine. raising the stakes for b