Well see if that changes. Taking the stage tonight, former president bill clinton hoping to use his popularity among democrats to clean up the mess left by the email leaks scandal. Well see you tomorrow at 4 00 a. M. Fox and friends starts now. No one is more disappointed than i am. To the bernie or bust people, youre being ridiculous. People get it. The system is rigged. You know, for me, this choice ive been a democrat my whole life it will be the first time i cast a vote for a republican. Dont let anyone tell you
that this country isnt great. This right now is the greatest country on earth. I look forward to your votes tomorrow night. Watch it. Brian, duck all right. Hi, everyone, good morning. Were home. Good morning. Hi, everybody, live from the dnc day two officially. We thought wed make a great entrance. Its not raining which is good. If its not raining youre sweating. All right. Good morning, everyone. This is the fox and friends area right here. These are all the people behind
Pits today and buying anything that looked safe. Look how the dow is closing today. Down were waiting for the numbers to settle but down more than 600 points, to put is in perspective the dow down 655 points at its session low, and right now it looks like the dow will close in negatfor the year. The biggest losers this day were your banking stocks. Names like citigroup. Bank of america, jp mortgage, one of the issues there, these institutions become less profitable with Interest Rates this low. Travel and leisure stocks, also extremely hard hit. Priceline. Carnival cruise lines, royal care caribbean. American airlines, priceline down double digits. Why and they get 71 of revenue from europe. So a fright about people traveling to europe. The british pound earlier in the day, falling to a 31year low against the dollar. You have to go back to the mid1980s to find a price that low. The pound did rebound a little bit. It finished roughly at 1. 36. And then lets look at the ten year. We talk
Today. It is not moral. It is not acceptable. And it is not sustainable that the top one tenth of 1 now owns almost as much wealth as the bottom 90 . Or that the top 1 in recent years has earned 85 . Of all new income. That is unacceptable. That must change. This election is about remembering where we were seven and a half years ago when president obama came into office and eight years of republican trickledown economics. The republicans want us to forget that as a result of the greed, recklessness, and illegal behavior on wall street, our economy was in the worst economic down turn since the great depression. That is where we were. That is where we were. Some 800,000 people a month were losing their jobs. 800,000 people. We were running up a recordbreaking deficit of 1. 4 trillion and by the way, the worlds Financial System was on the verge of collapse. That is where we were with president obama came into office. Well, weve come a long way in the last seven and a half years and i than
Im joined by cnn chief Business Correspondent who always exceeds expectations. This is a good jobs number. It is more than double the jobs created. Let me show you what the unemployment looks like because this is the headline grabber for me. 4. 4 for the Unemployment Rate. But now youve got a milestone here. It is now the lowest in ten years. May 2007 was the last time you had 4. 4 unemployment. May 2007 was before we knew what was going to happen in the economy, sub prime mortgages, the housing market, an economy that blows up, a recession and Global Economic crisis. That is a real milestone here. Let me show you what the chart looks like for that. The expectation had been like 190. Look at march. For some reason employers were more caution in march. Bounced back in april, john. With a vengeance. Where are the new jobs . We see jobs created in the Financial Services sector, banking, insurance, office jobs that the end to pay more money in health care. John, 37,000 new jobs in health c
Lawrence odonnell isom up. Hell have an update on the important story of children be separated from their parents at the u. S. Border. The biggest state, the biggest stakes on the biggest day of the imary. The story here in california, one weve been following is this question of there are seven house races, seven congressional raceshere demrats think they can flip the seats. Republicans hold them in california, clinton won them in 16. Democrats think they can flip them in the fall. They have this wild toptwo primary system in california. Can democrats make the ballot in november . Theyve got to be in the top two. This is dana rohrabacher, republican ibt. Lets see if we can get this up on the screen. Toptwo ary. Everybody gets the same ballot, regardless of party, top two candidates regardless of party get through. This is a very tense situation for democrats. Dana rohrabacher is moving ahead. The question is who is going to be behind him . You have a democrat running in second place. Y