I think its going to be significant, 46,000 or 48,000 but you have the supply chain for gm, all of the construction around gm, so youve got a lot of ancillary folks that have been out of work and manufacturing isnt necessarily what drives the economy, its the consumer primarily and we are a service economy, and even though the numbers might be good, its the manufacturing thats really going tamp down here. Neil john, one one of the thins that im hearing to daniels point, not just 48 to 50,000gm striking workers impacting this but up to 200,000 more in ancillary business suppliers and the rest. What do you think of that . I think the estimate that roughly 75,000 to 80,000 jobs being temporarily lost because of gm strike. Neil okay, so if thats the case and they factored that in, is this just a oneoff, what do you think . A lot of reasons it can be a oneoff, results of slowdown at boeing, census workers who were temporarily hired and maybe are coming off the rolls, a lot of noise in the n
Commitment to eliminate combustible cigarettes and our aggressive actions to combat usage. At the same time the financial was made public revealing that the company spent nearly 12 million supporting the proposition. Supporters say it is a reasonable regulation that would overturn the current made band, opponents say the contributions combined with a new ceo with deep ties to the Tobacco Industry are clear signs that tobacco money is being spent right here in San Francisco. Jewel is big tobacco and they are trying to buy themselves a proposition. They are allowing they tobacco to the rewrite the health code. They do not directly address contributions but on the broader issue legislations that we strongly advocate for tobacco legislation and stop the sale of nontobacco and non menthol flavored jewel pods to our Traditional Store partners and enhance our online verification process. Today a federal judge in los angeles rejected the new immigration rules involving Migrant Children attempt
Of maniacs who invest in the stock market nasdaq, declined. 22 , you got to remember that rising bond yields like we got today and much of this past week, make investors feel more confident about the economy. When you see the yield in the benchmark moving higher, it makes you feel like we can avoid a recession. Regular viewers know i think the fears about recession are overblown. If anything, we have had a mild slow down. We could reaccelerate if the Federal Reserve keeps its strategy of cutting rates. Why didnt i buy the argument the recession, because their whole thesis was about the bond market itself. Remember the inverted yield curve when long rates went before short rates, they told us that was an infallible sign of slow down. I thought it was a false tale. I told you that. Treasury yields, our rates are so much higher than the rest of the developed world. You had tons of foreign money flooding our bond market pushing prices up and yields down. Now the smoke is cleared, and its f
Good morning, welcome to breakfast with rogerjohnson and Rachel Burden. Our headlines today the neighbour of Boris Johnson and his partner defends calling police and giving a recording to a newspaper after apparently hearing a row he says he feared for the couples safety. Tackling the tensions between iran and the us. A Senior Foreign Office minister heads to tehran to appeal for calm. Ready to roar englands lionesses prepare to take on cameroon in the knockout stages of the womens world cup. For many of us, early summers long days are a welcome treat, but can you have too much of a good thing . Well be catching up with a family in shetland where the sun sets forjust a few hours a day. Good morning. After a stunning start to the weekend, not quite so straightforward today. Many places dry with hazy sunshine, but get ready for the chance of torrential thunderstorm and more heat and humidity on the way. The full forecast is coming up. Good morning. Its sunday the 23rd ofjune. Our top sto
Residents prepare for flooding. High winds and dangerous lightning. The storm now downgraded to a category 2. Welcome to kron. 4 news at 8. Im noelle bellow and im dan thorn. Governor newsom has issued a state of emergency for much of Southern California to support hurricane hilary response and recovery efforts. Areas of the inland empire could see a years worth of rain in just a matter of days. There could be significant flooding and debris flows, particularly in areas that are impacted by wildfires on the mainland. Residents are preparing for hurricane hilary by lining lowlying areas with sandbags to it. Ward off flooding and the coast guard is boat owners to keep their vessels in the harbor. In the meantime, menlo park Fire Fighters on instagram posting that their Water Rescue Team has been deployed to Southern California as the storm is set to make landfall tomorrow. Well, we want to start off this hour with a look at the storms heres a look at baja, california, along the on the be