In washington coming up the rate in new unemployment claims may be leveling off but congress and the white house look to be stocked yet again on a stimulus plan and the pressures continue to rise across the globe due to the pandemic swine flu and unpredictable weather well tell you what this could mean for those who are already struggling to get enough to we have a lot to get through to a lot of markets. We begin today with jobless claims as u. S. Unemployment fell just slightly for the week ending on october 3rd to a fresh pandemic low the u. S. Labor department reported initial jobless claims at 840000 worse than expected showing the labor market is still experiencing a slow recovery while the economy is still growing its been a gradual comeback as concerns rise over another wave of layoffs without another federal relief package still some 25500000 americans are collecting some sort of benefits so for more on this and the overall state of the economy and markets we bring in boom bust
Your record deal is 800000 businesses that have permanently closed their doors so unfortunately its going to be at least 2 years were getting back to we were and by the way thats if you believe the Prescription Drug hell. And a viable economy comes from or rolling trillions upon trillions of dollars and drinking it all right the number were looking at still its lower than a 1000000 that we were saying at the beginning of the pandemic but its still pretty high its just over 800000 still closer to a 1000000. Why are we still losing 840000 people i mean were supposed to be underwhelming route to recovery by the way if you look at continuing claims including pandemic unemployment assistance were at 20000000 people there are still seeking dont really need and this should not be the case for an economy that is supposedly in a violent the shape recovery just not james well its definitely not. The case christine meanwhile after pulling the plug on stimulus negotiations the Airline Industry is
This is boom bust the one business show you cant afford to miss unfair montecito in washington coming up the rate in new unemployment claims may be leveling off but congress and the white house look to be stocked yet again on a stimulus plan to continue to rise across the globe due to the pandemic swine flu and unpredictable weather will tell you what this could mean for those who are already struggling to get enough to eat we have a lot to get to the law that starts. We begin today with jobless claims as u. S. Unemployment fell just slightly for the week ending on october 3rd to a fresh pandemic low the u. S. Labor department reported initial jobless. 840000 worse than expected showing the labor market is still experiencing a slow recovery while the economy is still growing its been a gradual comeback as concerns rise over another wave of layoffs without another federal relief package still some 25500000 americans are collecting some sort of benefits so for more on this and the overal
And i ended up writing a column about it. It began a conversation with chris that was part of his effort to develop this book and the arguments in it. Want to ask chris to take us all on a journey he has been on. He has shared some with me over the years. The book starts with a really chilling account of what would happen in the first hours and days of a war with china. Maybe that is a good place to people whyaining to we have a problem when it comes to technology. Chris thank you, david. I appreciate your friendship and guidance throughout this whole process. It has been invaluable. With the timens is spent on the Senate Armed Services committee, the better part of a decade supporting the committee and senator mccain, looking closely at the u. S. Military, how we were investing money and werent investing money and ultimately, how we match up against emerging great power competitors, first and foremost china. The reason i wrote the book was a concern i had then add have now that we are
I dont have to worry about that, do i . Are irritated. Harmful bacteria lurk just below the gum line. Crest gum detoxify, voted product of the year. It works below the gum line to neutralize harmful plaque bacteria and help reverse early gum damage. Gum detoxify, from crest. Check out the big fish joining surfers in south africa. Drone video captured a great white in the waters along the nations southern coast. Experts say they come closer to the shore during the south african winter looking for fish and seals. Wow. Close call. That massive dust cloud from the sahara that some experts have dubbed the god zila cloud is already causing problems in parts of the u. S. And its raising health concerns. Heres abcs ginger zee. Reporter the hazy sky over new orleans. Thats not fog, its dust. And its coming from the sahara in africa. All the way to the u. S. Look how foggy it is. Its sand. Reporter puerto rico went from those brilliant blue skies to this when the dust moved in. Barbados, you cou