Perdue joining us along with Arkansas Attorney general leslie on the bigtech antitrust lawsuit plus newly chief Financial Officer whitney on new data connecting restaurants with suppliers. We are looking at declines, dow industrials off of the lows, 40 points on the dow this morning, s p down 4 and a quarter and nasdaq lower by 17. President trump hit campaign trail in North Carolina rallying for republican candidate dan bishop for congress in state special election today, the president sounded off on u. S. China trade and the economy. Watch. More americans are working today than ever before in the history of our country, almost 160 million americans, weve now had 13 straight months of wage gains of at least 3 , wages are going up, the economy is doing great and jobs have never been better. More than 7 million americans will be lifted off of food stamps. Nearly 600,000 americans entered the labor force last month alone. China wants to talk, they want to talk. China lost 3 million jobs,
Wall street Global Economy editor Jon Hilsenrath. Great to see you guys. We have a lot coming up. James carafano. Mohamed on the economy and markets, former pennsylvania governor on 2020 race and policy director Peter Navarro joins us talking trade, markets and the fed, dont miss a moment of it, big 3 hours, markets have a firmer tone, mix trading dayiest, we are waiting on crucial speech this morning from Federal Reserve jay powell, the central bank chief addressing commentary policy and future rate cuts, we have Jon Hilsenrath to tell us what youre expecting, jon. Jon itll be hard for powell to go on a limb, theres a lot of Division Within the fed itself. We talk about the pressure that powell is under from President Trump. President trump wants him to cut rates, theres some he is attendance as we reported earlier this week about half of the Regional Bank president s, one eager to move rates down at the last meeting, powell has to set the table carefully. You had exclusive and fantas
Sell the drugs are partly to blame for the Opioid Health crisis 48. 00 states plus around 2000 local tribal governments filed lawsuits against companies in the drug industry and as you know this epidemic has killed more than 400000 people across the country since 2000 and thats according to the u. S. Centers for Disease Control and prevention so Public Health Officials Say this is a public Health Crisis an epidemic and states across the country watch this trial knowing that it indeed would be a template for their own cases and so basically plaintiffs attorneys see this as a big win judges supporting what they have said has happened all along the pharmaceutical companies created this crisis by hiring doctors and scientists that they knew were willing to lie and they built glut into their Business Plan you heard about the millions of pills that are basically being pumped into communities across the country well they were well aware that a small city cant absorb a 1000000 pills every year
Some parts of the area still under lockdown pakistan opposes indias actions and its valid to take the case to the International Court of justice. Of the death toll from saturdays attack at a wedding in the Afghan Capital kabul is now risen to 80 the interior Ministry Says 17 more people died in hospital there injuries and more than 160 is still being treated i saw claimed responsibility for the suicide bombing at a reception hall in kabul its one of the worst attacks in afghanistan this year. Protests in indonesias west papua have entered their 3rd day as police send more than a 1000 additional officers to contain the violence rallies of erupted in various towns across west after police have fired tear gas after a protest is tossed a market an Office Building and blocked roads so theyre pulled this comes after the arrest of 43 people in students last week for accusations of disrespecting the indonesian flag. The leaders of uganda and rwanda are expected to finalize a new deal which is
Lawyer now molly what does this mean for the fight against the Opioid Epidemic moving forward is this is as big a problem as it seems. Absolutely its its a huge deal for so many other cases that are pending against big pharma over this very issue so this is the 1st major legal decision daniel against a drug maker for its role in the Opioid Crisis the oklahoma trial is being watched closely by nearly every other state in the country along with thousands of other municipalities who have filed against big pharma over this crisis and this ruling is a positive sign for other plaintiffs attorneys who are making similar arguments to those that were made in the oklahoma case essentially that those who distribute and sell the drugs are partly to blame for the Opioid Health crisis 48. 00 states plus around 2000 local tribal governments filed lawsuits against companies in the drug industry and as you know this epidemic has killed more than 400000 people across the country since 2000 and thats acc