September. How do you expect that to feed through into InflatIon ExpectatIons and impact the us economy . I think riaht now impact the us economy . I think right now the impact the us economy . I think right now the focus impact the us economy . I think right now the focus is right now the focus is definitely on crude oil. A lot of people are drawing comparisons to what happened when the war in ukraine started. When you take a Look Oil surged Io . With this incident it surged 5 in some of that is because we have us productIon at record highs. Opec was undecided over increasing productIon. This is a moment where investors are trying to get a sense of how are the actual supply disruptIons going to unfold in the coming weeks and months. Right now the market was pretty content that this inflatIon and that trend was going to remain and now they are scratching their heads to see will this be a big shock to inflatIon. In additIon to this Oil Surge we have a Dock Worker Strike which could also
Pay compensation damages caused by oral spills class. And is considered good fortune for the chinese during the mill year but im going to report about these cherries is turning out to be really very bad luck here in chile. So European Health regulators have given emergency approval full adults across 27 the 27 country block to receive the offset Astra Zeneca Corona virus vaccine announcement comes after a dispute between the e. U. In the company the us expects at least 80000000 doses by the end of march but a week ago ash is in a cut supply blaming manufacturing issues. Its a real pleasure to be here until i announce the 3rd positive opinion for the authorize ation of the astra zeneca covert 900. 00 buck scene this expands the range of Vaccines Available to e. U. Member states which will all help to bring the pandemic under control and protect the citizens of the e. U. We now have 3 vaccines that have been developed and recommended for approval for approval against a disease that we di
Strain. A major win for farmers in nigeria a dutch court orders the local branch of shell to pay compensation just caused by oil spills. More protests and scuffles near indias capital as farmers demonstrate against new government laws they say will hurt them could benefit corporate farms and with all your sports after 14 days of quarantine the worlds top tennis stars are back on course in australia and fans were allowed into new. So the European Union is expected to give astra zeneca covert 1000 Vaccine Limited emergency approval in the next up thats despite a growing dispute between the block and the company about a supply shortage at the e. U. Was expecting at least 80000000 doses by the end of march but a week ago actually cut its supply blaming manufacturing issues the president says the vaccine maker is failing to meet its contractual obligations also far the e. U. Has approved to covert 1000 vaccines but there is growing criticism that the rollout is just too slow but there is mo
Net 245 thousand people went back to work in november. That is significantly slower than we have seen every month since we started gaining again. Private payrolls, only 344,000. Last month in october, that was 877,000. The unlimit rate does fall to 6. 7 , but that is in large part because fewer people were in the labor force looking for jobs. Heres the thing that i think is really going to be important as we look at how the pandemic reshaped the economy. You look at what happened with retail hiring. 35,000 jobs lost in retail in a month when they are usually hiring for holiday sales. Createdad 118,000 jobs in the warehousing and courier sectors, which are the people who work for the online sales departments. It is a real change. Finally, the total labor force is still 9. 8 million below where it was in february. So no matter how well we have come back, no matter what that initial v looks like, it is starting to flatten out now, and you still have almost 10 Million People who had jobs i
Generation he says. Meanwhile it is jobs day that november jobs report out this morning two and a half hours time 8 30 a. M. Eastern, economists expect 469,000 jobs added to economy with the Unemployment Rate ticking down for a 7th straight month to 6. 8 ahead of the jobs number futures are higher in the triple digits. Dow industrials right now up 136 the nasdaq up 48 and s p 500 higher by 13. After a mix performance yesterday, all three major indices poised to finish the week in the green with a the dow industrials yesterday at 85 nasdaq up 27 and s p 500 weaker by two and a quarter. Taking on big tech, President Trump going after the new defense bill that has no repeal of section 230 of the Communications Act. Threatening to veto it if it is not changed. We are taking a look at that. Plus somebody is watching me. The new technology that can detect whether remote employees are being lazy about work it is making a buzz this morning. Mornings with maria is live right now. European marke