Has changed lives and pharmaceutical companies have a miraculous solution. Based drugs to people who are chronic pain and believe that their opioid prescription is working for them in the remedy. To the price at the. Dependency in the addiction to opiates to long term use that really isnt scientifically just right now a study actually suggests that. The long term effects might not just be the absence of benefit but actually very very right because in the long term. This is a boom bust that one business show you cant afford to miss there montevideo going to washington coming up as unemployment remains unpredictable. Inflation is the ball will break it down and what that means the u. S. Economy Going Forward in the United States and the world could lose over a trillion dollars in lost for them in terms of take a look at the numbers and see just how countries are adjusting to the dramatic drop in International Travel have a lot to get through so lets get started. Its thursday and u. S. Un
Revised estimates of 2nd quarter g. D. P. And said it fell at a 31. 7 percent annual rate thats slightly less than the 32. 9 percent that was originally reported lysol comes as lawmakers have yet to reach a deal on a new Coronavirus Relief package. Meanwhile the Federal Reserve announced thursday plans for a new framework that will likely allow them to keep Interest Rates lower for a longer period of time will. Change their view a little later on inflation rate of 2 percent is most consistent with our mandate to provoke promote maximum achievement and price stability finally we continue to believe that Monetary Policy must be forward looking checking into account the expectations of households and businesses and the legs of monetary policies effect on the economy thus our policy actions continue to depend on the Economic Outlook as well as the risks to the outlook. Well for more we turn to boom bust cohost and investigative. Line ben lets start with what the obvious here now now Federa
In washington coming out new unemployment claims the United States drop below 1000000 for the week as we look to find the bottom of the pandemic coverage and there are a lot of headlines about trade tension between the u. S. And china dont forget the u. S. And the European Union well they still have trade issues of their own have a lot to get to so lets get started. Its thursday which means u. S. Unemployment numbers were released weekly jobless claims fell to 963000 last week now this is the 1st time the numbers are below 1000000 since mid march that was when the coronavirus was declared a pandemic in late march u. S. Filings hit nearly 6900000 in a single week while the better than expected numbers come as President Donald Trump issued an executive order that provides an extra 4 100. 00 a week of unemployment thats down from the original 600. 00 of insurance but those by. That may not show up for weeks and employment rate fell to 10. 2 percent last month this was after peaking near 1
Should not be ended as fast or as abruptly as they are 1 then what is the actual trade here and florida unfortunately heres what i wish we could report right if you were in a Perfect World you and i would go on the air today and say the surge of cases. Of coal that my team are down oh and by the way employment is up yeah unfortunately we only are able to attach ourselves to half of that story which is employment is looking like its starting to go up by the way and when we say you know comparatively speaking because yeah better. Lets not lets not set off as my mother would say any fireworks yet but if were playing with. A little tiny bit but were still seeing kobe 1000 cases go up in places like florida then you know most Health Experts would say its not a good tradeoff. Some economists would say ok politicians depending on their party would say yeah we love that lets keep doing it so thats kind of whats going on right now in places like florida and arizona and others its a little bit o
This is boom bust the one business show you cant afford to miss im sorry montecito in washington coming up new unemployment claims in the United States dropped below 1000000 for the week as we look to find the bottom of the pandemic coverage and there are a lot of headlines about trade tension between the u. S. And china dont forget the u. S. And the European Union will they still have trade issues of their own have a lot to get to so lets get started. Its thursday which means u. S. Unemployment numbers were released weekly jobless claims fell to 963000 last week now this is the 1st time the numbers are below 1000000 since mid march that was when the coronavirus was declared a pandemic in late march. U. S. Filings hit nearly 6900000. 00 in a single week while the better than expected numbers come as President Donald Trump issued an executive order that provides an extra 400. 00 a week of unemployment thats down from the original 600. 00 of insurance but those benefits may not show up f