This is a boom bust so one business show you cant afford to miss. Theyre going to washington coming up while the worlds 2 largest economies seem to be clashing in nearly all fronts well theres one glimmer of hope after trade talks looted and a popular video. Down on tuesday will discuss where u. S. Infrastructure stands in handling the internet traffic have a lot to get through so lets get started. Just by growing tensions in the United States and china both countries are actually making progress on the trade front well this is according to representatives from each respective country who took part in these recent trade talks this Development Comes just months after the u. S. And china signed phase one of a massive trade deal but will the countries be able to come together when it comes to the latest disagreements over technology which now includes a fight over the popular optic talk argue 3 the 11 joining me to discuss rachel whats the latest on the trade front were just 10 days ago w
This is boom bust the one business show you cant afford to miss friendship or in washington coming up the jobless claims in the United States have fallen to their lowest point since the beginning of the coven 19 pandemic straight ahead we dive into the numbers and follow the trend on the cases as they continue to fall plus volatility has surged over the last few months causing safehaven assets to jump but is the bull run here to stay later on were going to bring in some expert analysis to break down the performance of safe havens and the gold big divide with a packed show today so lets dive right in. And we lead the program with those better than expected job numbers out of the United States new jobless claims came in at 881000 for the week ending the 28th of august according to United States Labor Department now analysts had expected 9950000 new claims for the week continuing claims thats the measure of those who have filed claims for 2 weeks or more fell by 1240000 to just over 13000
A fight over the popular optic talk argue for the love and joining me to discuss rachel whats the latest on the trade front where just 10 days ago we heard that schedule negotiations were broccoli canceled the now were learning that there actually was a phone call carried on monday night between representatives for the u. S. And china now weve got statements from both sides and its interesting to see the u. S. Trade representative said both sides see progress and are committed to taking the steps necessary to ensure the success of the agreement then Chinas Ministry of commerce also released a statement which they said the 2 sides agreed to create conditions an atmosphere to continue pushing forward toward the implementation of this trade deal of the major topics here where the protection of intellectual Property Rights and also chinas commitments to purchasing significantly more products from the u. S. Now this call was largely seen as a way to clear the air between the 2 countries to
Going to happen then kristie. Well this one to be really interesting because after world war 2 we had a massive growth and that was predominantly. Done by the u. S. And also with china we relied a lot on the trade between like us and china in order to revive growth in order to boost a lot of that post the world war 2 in order to prevent this massive recession in order to get us out of the deficit but the problem is right now the entire world has kind of plateaued in this because theres no country that is currently in this v. Shaped recovery that every single economists predicted and theres absolutely very little chance that theres going to be a vaccine ready by the end of this year as many people have been optimistically hoping for so in that vein there is going to be a lot of heavy reliance on the u. S. As the global g. D. P. Power in order to try to in order to try to spur on additional growth but and right now with the conflict between us and china its going to be very detrimental b
Epidemic your my father should have been met would have meant to help special and i have big old industry he did not deserve big was treated like an animal a local media have shared on internal Police Report in which the officers actions were described as appropriate and consistent with their training however the mayor of rochester ny on stone thursday about the policemen involved in the death of daniel proved have been suspended i am suspending the officers in question today what i saw in that video. Was a man who needed help. A man who needed compassion a man who needed humanity. A man who we should have been suspected. A man who was in crisis. Our response to him. Was wrong. Next on our to International Week of Business News squeezed into less than 25 minutes your recap starts right after the shortest break season. I. This is boom bust the one business show you cant afford to miss branch of boring washington coming up jobless claims in the United States have fallen to their lowest p