Since after election day. Our road map begins with the big jobs number. The monthly job report come in under expectations. What now . And the u. S. Launches an air strike on syria. Trump and chinese president xi continue to meet at maralago. Well take you live there for the latest. Weighing in on the payroll number, retailers were a big part of this slashing 30,000 jobs last month in addition to the month before. Construction adding the fewest jobs in seven months. We did see an increase in average hourly earnings, jim, but its the worst two months for retail since december of 09. We can figure out why. Yeah. This is what you call a secular trend. This is not something thats going to come back. I think that what you had was that you had a weak you had a weak Holiday Season for bricks and mortar. It got weaker. Jpmorgan they do incredible analysis of the mall and its down double digit traffic. You cant sustain your stores in bad malls anymore. And all of the retailers in the malls are k
Polish counterpart. A very warm welcome to bloomberg daybreak, right here in london. I am anna edwards. Yusuf, good morning. A substantial moving the dollar against other currencies. Yousef we brought this chart. You can pull it up on your bloomberg. That is your line in white. We contrast it with treasury yields. For thosea revert bond investors. The worst bond rout of 15 years. That is a 23 basis point move we saw in october. Anna some of the weakness we are seeing in the treasury yields overnight seems to be driving a little bit less demand for dollars. Lets bring up the risk radar just to show you the threats about movement we have coming in. 0. 5 ,llar index down by probably against other currencies. The euro, the yuan on the rise. The asian equity session is pretty good. Asian stocks moving higher, japanese stocks moving lower. Down by that futures 0. 3 . 47ef brett currently at and . 20. The concerns around the opec meeting, rna or are they not going to reach a deal after report
The wind died down. The flames are much less intense than a few hours ago. In the last containment increased quickly from 40 to 90 . Roadblocks police set up. They said theyve ced fire dang this before. They didnt know exactly where to go. We spoke with e get all of her car. She did not get an evacuation notice but said seeing everybody else panicking made her follow suit. We have our Social Security cards, birth certificates, some clothes, their backpacks, their favorite stuffed animals. I dont know what else to pack. Reporter right now we are standing on ohio avenue which is one of the many roads that have been reopened. So a lot of these evacuees who were at a local middle school can get back home. The fire is at 90 containment. Firefighters hope to get it to 100 within the next half hour. In lakewood dan grossman, 9news. Thanks, dan. Reminded a lot of people what we saw on Green Mountain in 2008 was in august in the middle of day. Kathy sabine has been watching the weather impactin
Department, 178,000 jobs were created in november. The Unemployment Rate fell to 4. 6 . But thats because more americans left the work force. And wages, which had been rising, fell. So despite the labor market being described as solid, some questions still remain. But as Hampton Pearson reports, that may not deter the Federal Reserve. Reporter the november jobs report, which included the lowest Unemployment Rate in nine years, may be the last hurdle to fall as the Federal Reserve considers raising Interest Rates for the first time in a year. Leading economists say when monetary policymakers meet in two weeks, markets will be focused on what the fed says about the path of future rate hikes. Our expectation is three hikes next year. Currently theyre signalling two. I wouldnt really expect them to necessarily change that. You know, in two weeks. But i do think that ultimately were at full employment, i think. And were still adding 170, 180,000 jobs a month. The drop in the Unemployment Ra
Department, 178,000 jobs were created in november. The Unemployment Rate fell to 4. 6 . But thats because more americans left the work force. And wages, which had been rising, fell. So despite the labor market being described as solid, some questions still remain. But as Hampton Pearson reports, that may not deter the Federal Reserve. Reporter the november jobs report, which included the lowest Unemployment Rate in nine years, may be the last hurdle to fall as the Federal Reserve considers raising Interest Rates for the first time in a year. Leading economists say when monetary policymakers meet in two weeks, markets will be focused on what the fed says about the path of future rate hikes. Our expectation is three hikes next year. Currently theyre signalling two. I wouldnt really expect them to necessarily change that. You know, in two weeks. But i do think that ultimately were at full employment, i think. And were still adding 170, 180,000 jobs a month. The drop in the Unemployment Ra