america reports on this friday. white house getting good news on the jobs market but will a massive spending plan send the economy into another tailspin, making an already bad inflation problem even worse? hello, everyone. i am sandra smith in new york. jon: i am jon scott info john roberts. the labor department says the u.s. added 528,000 jobs last month. the on employment rate also falling slightly to 3.5%. both numbers beating expectations. wages are still largely out of step with the rising inflation. now more than 200 economists, 230 to be exact, warning democrats their social spending bill will make high prices in this country even worse. jon: senior economic advisor jared bernstein joins us. first, congressional correspondent chad pergram has the latest on the spending bill. good afternoon. democrats say this bill will help with inflation. more than 200 economists warn congressional leaders that the u.s. is in a dangerous crossroads. they argue the bill incre
We start in the us, where shares of meta, hello. If you are justjoining us, you are in time with the top business stories. We start in the us, where shares of meta, the owner of facebook, instagram and whatsapp plunged in after hours trading after its forecasts disappointed wall street. Investors are concerned the huge amount meta is spending on Artificial Intelligence may not translate into higher profits. Lets show you the details. When it comes to how much money meta is making, profits came in at 12 point 4 billion in the first three months of the year. Thats more than double the amount it made this time last year, and better than expected. But heres one of the numbers worrying investors, meta expects its costs to rise to almost 100 billion this year, as it invests heavily in al and virtual reality. Coupled with a forecast that revenues will barely grow in the Current Quarter that sent shares plunging some 13 in after hours trading. Wiping as much as 160 billion off its stock market
Bbc our horses have returned to the barracks and are undergoing veterinary care. Three soldiers are in hospital receiving treatment and their injuries are not deemed to be life threatening. The bbc understands a fourth person was injured who was a cyclist and a member of the public. Plenty more on the bbc news website on that. Those alarming scenes we saw earlier today in central london. I think we can show you the pictures . No, while we wait for business ben thompson is here. Letsjust wait for business ben thompson is here. Lets just show you that auction thats going on in vienna at the moment, that painting that had been found. Very unusual apparently. The auction is just starting for that painting and you can see it on the left of your screen. This painting that has been found and its supposed to be extremely significant and very unusual. They are expecting it to reach somewhere between 30 million and 50 million. So a huge amount expected and we will wring you that when we have it.
and he is spewing blatant racism, claiming he wasn t afraid of the capitol rioters, because, well why don t you take a listen for yourself. criticized because i made the comment that on january 6th, i never felt threatened. because i didn t. and mainly because i knew even though those thousands of people, there were marching on the capitol were trying to pressure people like me to vote the way they wanted me to vote, i knew those are people that love this country, that truly respect law enforcement, would never do anything to break the law. so i wasn t concerned. had the tables been turned, this could mean trouble. had the tables been turned and president trump won the election and those were tens of thousands of black lives matter and antifa protesters, i might have been a little concerned. did you hear him? he wasn t afraid of those people maybe because they re white? not maybe. that s the reason. because if they were black, he would be afraid of them. he said the