Straight to the senior economics reporter for this. Steve, what are some of the reasons why we might not trust this data . I guess im starting off with a bias, because this seems like really good news when were just off a huge pandemic. I think a reason not to trust it is were in the middle of an historic economic shutdown and apparently on the upside of that shutdown and nobody has ever seen this kind of thing before we hadnt seen 20 Million People lose their jobs in a single month, and we really have no idea how the jobs would come back all of the other indicators we were looking at suggested there would be massive job losses. And it is well to put that into perspective. Remember the forecast was for minus 8. 3, came in 2. 5, so folks, you can do the math at home on both sides of the zero line it is nearly 11 million jobs is the number that the consensus was off by and wall street was off by it a bit too, if you dont mind my saying, they had a nice rally when they realized maybe we w
segment. i m going to tell you what else we have coming because we are tracking a separate a new criminal subpoena for trial lawyer rudy giuliani. there s also some signs of the january 6th probe is breaking through with independence and the younger tiktok crowd. michael steele will be here for a segment that we hope will be as sharp as it is viral. perhaps. tiktok reference. by the end of the hour, we will be talking bob dylan, barack obama and kurt cobain with the right icon you see. the one and only dave grown on the beat tonight for our special mavericks interview. you might say the energy is contagious. here we are now. entertain us. but it s too early in the broadcast for lyrics. even for the beat. so let s just get to this top story. judgment day for steve bannon. the prosecution resting after calling the witnesses that they say will prove this and send him to prison. we will get into this with mr. gerstein as i mentioned but there is a method to the speed of the d
Decision to is suspend brady be upheld. The judge recommended two sides settle dispute out of court. Game of thrones will likely continue for three more seasons. Hbo executives planned to run eight seasons. The smash hit had 20 Million Viewers last season and received an astounding 24 emmy nominations. Lets get to the top story, exxon and chevron both releasing their Second Quarter. Here is how tough it has been on the big firms. Exxon expected to report a net income of 1. 12 a share. In the same quarter last year they reported earnings of 2. 05 because of cut in price of oil. 150,000 energy jobs have been cut since the fall according to phil nine, price futures group. He joins me from the cme. This week we had more layoffs and it continues phil. Where are we in the cycle of the downturn . I think it is almost a panic with big Energy Companies. Really, maria, a lot of these layoffs will be accelerated because of what happened in the month of july. Early july there was a little bit of o
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Morning. Good morning, america. Happy friday. Got to take another look at that video right there. This whole town comes together. Look at all those musicians out there all to get the foo fighters to their town. Well tell you if it worked in a little while. The foo fighters ha heard. They practiced for a year for this. Come on, foo fighters. Come on. Well have much more on that in just a bit. First we have new developments this morning in that missing plane mystery. The wing that washed ashore now being moved for forensic investigation and its offering new clues about what might have happened. To that doomed plane. Was someone trying to land it . Might be getting close to unraveling that mystery. The extreme weather. Heat and misery from coast to coast and ginger starts us off. The hottest and driest day theyve had this week in the Pacific Northwest. There are heat advisories, even excessive heat warnings for portland, oregon and fire watches from montana to northern california. We coul