By this because heres what were learning today today new report fresh off the press right crease in nearly 50 years last month this is according to the bureau of labor statistics in the United States government biggest jump meat and eggs youre now paying 4. 3 percent more for meat megs all in one month by the way imagine how much higher it could still get by the way youre going to be paying 1. 5 percent more for fruit and vegetables and 2. 9 percent more for cereals and breads just on average you want to talk jobs lets talk jobs new study there too this comes out of Stanford University it says that of all the people who have lost their jobs in the United States so far 60 percent of those are going to get their jobs back conversely 40 percent are not going to get their jobs back thats a big nut right now this is based on whats happened. Historically during recessions and its about a month long study that they have done now lets look at the macro side to this story and by that i mean all
Estevez in that movie. Charles just hope you never have to meet em in real life, theyre rough. Liz charles, thank you very much. Folks, weve got a special edition of the claman if countdown due to multiple plates in the air that are scheduled to start spinning in the next couple of minutes. Weve got stocks right now mixed at the moment. The dow is down 14, s p up 16. It just needs a gain of 19 to hit a new record. Nasdaq up 92. And we are conning to watch this mixed picture, but mostly higher due to the benign inflation read. The 2year yield has been falling in response. Weve got it down 1. 6 basis e points, off the lows of the session. But, look, does anything about that january pce Inflation Report change . Blackrocks bond guru rick reiders timing of the Federal Reserves first Interest Rate cut . Rick is coming up in just a moment the tell you. In the meantime, bitcoin very quickly here continues it epic climb. Coming up in this hour, the ceo of Bitcoin Miner marathon digital is here
Currently down. We are still trying to figure out what the next leg for a lot of these markets is. Industrials are under pressure today. We are still trying to figure out the aftershock from the global selloff that we saw on tuesday and wednesday. The other thing that i am looking out for is the yuan, dropping the most since august of 2015. Some trade figures in china disappointed and of course it is boe day. Bloomberglso on to a fewnce. , we speak guests. Kaplan of the Federal Reserve bank of dallas joins us in an hour. A little bit later on we will be axeld by axa labor weber. Lets get straight to the bloomberg first word news. Societe generale has the estimates has Beat Estimates. It was expected to post a loss. The ceo of frances secondbiggest lender is upbeat. First of all, Fourth Quarter we did better. Decline. Very modest u. S. Senate leaders have announced a budget agreement that would provide nearly 300 billion in additional funding. Extend the plan would the National Debt to
Picture from sherman park. Milwaukee police getting ready to enforce a 10pm curfew thats now less that an hour away. Anyone under 18 must be off the streets. And once again Police Closed sherman park at 6pm. Orange snow fences put up yesterday are still in place. The park reopens again tomorrow at 6 am. Its been four nights since the riots in milwaukee and every night seems to be getting better. Overnight mpd made 10 arrests and one report of shots fired. However officers, no damage to vehicles, businesses or homes. Saturday, 6 businesses were damaged by fire and theres now a 10 thousand dollar reward being offered by the atf. Our Ben Handelman and ashley sears are live near sherman park with the impact of those fires. Ben lets start with you. Good evening guys. Its a very different scene down here. Last night, there were few issues. Tonight no issues. Police department. The only presence is across the street in sherman park where a handful of deputies do have shields. Tonight the owne
My fingers here are actually black. A few chaplains and i ran up to help them put that very heavy safe into a truck. I asked how can people help. The family says they dont need any help right now. Theyre working it out through insurance, and weighing their options for the future. Live at sherman and burleigh, Ben Handelman fox 6 news. The bp is just one of several businesses affected by the events of the last few nights. Owners are trying to figure out whats next. Forward. It is much calmer out here tonight. People have congregated in this area adjacent to sherman park. One Business Owners says he hopes it stays peaceful out hereafter losing nearly everything. 11 34 trying to keep my faith and just its not easy it wears on you. To see your ashes. 12 08 its been a stressful couple of days. In the Early Morning hours sunday Gary Mulheron watched as his business a to z wholesaleburn. Lit on fireby violent protesters. 13 10 why my business . Why all these other businesses are targeted . Si