Join me every thursday so i wouldnt feel when i was reading to get a feel of the world of sport im sure. Ill see about. The one business show you cant afford to miss im going to washington coming up the Trump Administration looks to get a ban on. The money say if theyre only reliable connection to family and business contacts in china Much Airlines and job losses are coming the federal government will take a look at what play ahead for one of the nations hardest hit and. Street level ought to get started. The u. S. Department of justice has asked friday for a federal judge to allow the barring of we chat from u. S. App Stores Including apple and google last saturday a federal judge issued an injunction that prevented the department of commerce from forcing app stores as of september 20th to remove it from download the d. O. J. Has presented the judge with a department of commerce memo claiming the mobile application collects and transmit sensitive personal information on u. S. Persons
Sensitive personal information on u. S. Persons which is accessible to tense and stored in data centers in china and canada well joining us now to continue for us cohosts ben swan and Christine Christie just earlier this week on wednesday the trumpet ministration claim that users who use or download reach out to convey personal or Business Information will actually not be subject to penalties under this new trumped up executive order banning transactions with 10 cent is this a reversal for the administration. Urns are weighing on the market but the prospect of a u. S. Relief package brought some gains on friday metals automotive i t and financial lead losses ending the week and we see our 1st green arrow in australia where the country eased some one bigger roles for banks to help stimulate the economy some of the countrys top thing saw gains of 5 to 6 percent on friday alone the all shares in south africa is just barely in the red for the week the biggest loser on friday was naspers do
Though and that is the fact that for Unemployment Benefits a large expanded during this downturn during that for obvious reasons as well and its funny when that happens it makes it very difficult to compare the unemployment numbers. Because were doing very Different Things so that you have lost if you have the same as youve been as youve unemployment before and the same kind of benefits what kind of train starting point would we have seen over concourse odds that question but it is clear we are much much higher so it makes a comparison very very difficult but so as long as you have those use that image ability requirements and larger payouts and the covert partial shutdowns of this were going to carol see high unemployment has come through so that is not going to change anytime soon i think as long as this situation goes on will concurrency well especially of these sectors are already struggling and looks like a lot of these employees arent coming back and theyre having more and more l
Years. On people still die i dont know which question are still alive arent being allowed to live where so many have. This is boom bust the one business so you cant afford to miss im sorry monteith aopa in washington coming up the Labor Department reported a steady fall from the week before on jobless claims but still higher than expected well thats because what this means for the overall economy and market. To u. S. Companies may be closer to finishing the deal for tech top but out trump and ministration may just have to wait for china to give the ok well get the latest from the dean of the Miami Harvard Business School and we have a lot to get here so lets get started. We begin with the unemployment numbers as weekly jobless claims took an unexpected turn for the worse for the week ending on september 19th Labor Department reported 870000 americans filed for unemployment thats up from the week prior with 866000 the Labor Department remains stuck at a pretty high level here still abov
From the dean of the Miami Harvard Business School and we have a lot to get cute but. We begin with the unemployment numbers as weekly jobless claims took an unexpected turn for the worse now for the week ending september 19th Labor Department reported 870000 americans filed for unemployment thats up from the week prior with 166000 the Labor Department remains stuck at a pretty high level here still above their peak 65065000 during the Great Recession that was between 20072009 the data comes as u. S. Lawmakers still havent come to an agreement on a new round of stimulus something the Federal Reserve argues is needed for economic recovery earlier this week Federal Reserve chairman Jerome Powell and u. S. Treasury secretary Stephen Newton well they expressed concerns over more need for aid. Password will depend on keeping the virus under control and on policy all see actions taken at all levels of government we continue to work with congress on a bipartisan basis to pass a face for Relie