It system. Well go ahead and call the subcommittee to order. And id like to say good morning and welcome all of our witnesses here today to the hearing. By now weve seen reports last weeks fire in the resulting collapse of section i85 northeast of atlanta. This is a critically important piece of our infrastructure system which carries 400,000 cars a day. But that volume of traffic, its amazing that there wasnt a any loss of life in this incident. I commend the state and local officials for responding so quickly to the crisis. I also want to commend the u. S. Department of transportation for acting quickly to release funds, emergency funds and provide assistance. Were here to examine the fast act. This is the first Long Term Service transportation reauthorization bill in a decade and its an Important Foundation for building a 21st century infrastructure. As a fiveyear bill provides very much needed certainty and funding so that our federal, nonfederal partners can make smart long term i
A revolutionary new treatment for Stroke Patients in england, that could help Save Thousands from lifelong disablity. I took a break. Now i think this is where im supposed to be. And, did you hear that clearly . We investigate tv sound, after all those complaints about mumbling in dramas. And coming up in sport on bbc news, a former Arsenal Player says its time for Arsene Wenger to go another says hes lost the Dressing Room after their Biggest League defeat of the season. Good afternoon and welcome to the bbc news at one. G7 Foreign Ministers have failed to Reach Agreement on sanctions on russia, but have said russia cannot be part of syrias future. Foreign secretary borisjohnson have been pushing for sanctions on senior russian and syrian figures following syrias suspected Chemical Weapons attack which killed more than 70 people. Ministers were trying to agree a common position on the syrian conflict before the us Secretary Of State flies to russia to try to persuade it to abandon its
The energy is up over the last month or three months, and that is why we are here, right . It is a big portion of why we are here, and of course, a lot of folks have mischaracterized how much the American Public would save if you have basically took a look at the gasoline, judge, and figured that you would average family consumes 600 gallons through the vehicles and so forth through the year, and gasoline prices are up a dollar from the lows, and in m some parts of the country, they are, and that is 600 in additional what would have are been savings in the year earlier in january and now the savings is it still goes up, and you buy the stocks . No, they are topping out here, and many of the oil e p plays are topping out. One of them that i added to the portfolio that i will talk about la later that has legs, but e ps is topped out. And who is on the other side . Energy itself . Yes. Nt i dont believe we are topped out for energy itself, but what has happened in the beginning is that Mo
Week. You can see moving up a bit, though, of course, after hitting 2. 44 not that long ago, 2. 40 not that long ago. Still less money if you give your money to spain for ten years or france and not much more if you give it to italy. The turning report the jobs report last friday. Since then we saw treasuries sell off, yields go up. This morning the data not too hot. Lets give a look at Oil Prices Rising concerns about unrest in iraq. Perhaps the idea that the islamists are as much as only 70 miles outside of baghdad, a scary situation developing there but having an impact as you see on crude prices. To our road map here back in the states with the markets, thats where were going to start. Stocks breaking their winning streak. Jobless claims missed and global uncertainty as i mentioned is returning to the headlines. David, amazon streams, a new perk for amazon prime. And new competition for beats, spotify and pandora. Lululemon profit lunges. Lowers forecast for sales and profit. The s
[camera shutters] pres. Biden thank you all for your patience. Secretary, thank you. Before we begin, i would like to speak briefly about todays jobs report. It has just been issued. We received more good news. In august, the economy created 315,000 new jobs. The great americans job machine continues to come back, American Workers are back to work earning more, and building an economy from the bottom up and the middle out. With todays news, we have now created nearly 10 million new jobs since i took office. Nearly 10 million jobs. The fastest growth in all of american history. In august, we also saw the share of americans working on our economy went up. Economists call that labor force partition participation rate. Working age women are now, for the first time, back at work at rates not seen since before the pandemic. Wages are up, unemployment remains near a 50 year low, and yesterday, we got data that showed manufacturing orders were up but Cost Increases and supply chain items were