In washington coming out new unemployment claims the United States drop below 1000000 for the week as we look to find the bottom of the pandemic coverage and there are a lot of headlines about trade tension between the u. S. And china dont forget the u. S. And the European Union well they still have trade issues of their own have a lot to get to so lets get started. Its thursday which means u. S. Unemployment numbers were released weekly jobless claims fell to 963000 last week now this is the 1st time the numbers are below 1000000 since mid march that was when the coronavirus was declared a pandemic in late march u. S. Filings hit nearly 6900000 in a single week while the better than expected numbers come as President Donald Trump issued an executive order that provides an extra 4 100. 00 a week of unemployment thats down from the original 600. 00 of insurance but those by. That may not show up for weeks and employment rate fell to 10. 2 percent last month this was after peaking near 1
Should not be ended as fast or as abruptly as they are 1 then what is the actual trade here and florida unfortunately heres what i wish we could report right if you were in a Perfect World you and i would go on the air today and say the surge of cases. Of coal that my team are down oh and by the way employment is up yeah unfortunately we only are able to attach ourselves to half of that story which is employment is looking like its starting to go up by the way and when we say you know comparatively speaking because yeah better. Lets not lets not set off as my mother would say any fireworks yet but if were playing with. A little tiny bit but were still seeing kobe 1000 cases go up in places like florida then you know most Health Experts would say its not a good tradeoff. Some economists would say ok politicians depending on their party would say yeah we love that lets keep doing it so thats kind of whats going on right now in places like florida and arizona and others its a little bit o
This is boom bust the one business show you cant afford to miss im sorry montecito in washington coming up new unemployment claims in the United States dropped below 1000000 for the week as we look to find the bottom of the pandemic coverage and there are a lot of headlines about trade tension between the u. S. And china dont forget the u. S. And the European Union will they still have trade issues of their own have a lot to get to so lets get started. Its thursday which means u. S. Unemployment numbers were released weekly jobless claims fell to 963000 last week now this is the 1st time the numbers are below 1000000 since mid march that was when the coronavirus was declared a pandemic in late march. U. S. Filings hit nearly 6900000. 00 in a single week while the better than expected numbers come as President Donald Trump issued an executive order that provides an extra 400. 00 a week of unemployment thats down from the original 600. 00 of insurance but those benefits may not show up f
Of power lunch. Im tyler mathisen. And welcome back, tyler. Im melissa lee. Shares of apple moving lower right now as a big apple event gets underway. Its been a pretty lackluster year for the stock. As you know apple far underperforming the broader markets up by just about 2 in 2016. And apple shares are up just 8 since the company last introduced a new phone back in september of 2014. And im Brian Sullivan along with jon fortt, who will be here with us for the next two hours. We deliver all the breaking news, dig into everything apple and talk about where to put your money in tech right now. Weve also got a very special guest joining us in a bit, legendary z. Z. Top front man Billy Gibbons here. Very cool. But we begin, Kayla Tausche, she is live at the apple event in san fran where tim cook is expected to stage. Kayla, i think amazon may have jumped the gun a little bit here. Reporter oh, they did. And gizmoto was very quick to pick up on that fact. Amazon having a landing page for
Output of Energy Related products increased. Of course jobs are also the focus at the fed and how fast the economy creates them will be key to when the fed starts to raise shortterm Interest Rates expected sometime this year. On jobs the beige book says, quote, payrolls in variety of sectors expanded moderately during the reporting period. Melissa . Melissa peter, thank you so much. Lets bring in todays panel. Charlie gasparino, fox business senior correspondent. Pete hegseth ceo of concerned veterans of america. We have tony sayegh executive Vice President the jamestown associates. Peter and tony are fox news contributors. Lets dig into what you heard . I think, as all these reports are theyre backwards looking. Theyre looking at the past. I think what the markets are doing receipt now inputting some of the figures you heard him talk about some of these statistics and looking at it forward. It wasnt all positive. Weak demand manned for oil. Melissa right. Thats a negative for the econ