Welcome to the polls. Life from bloomberg headquarters here in london. It is jobs day in the u. S. Forstors will be searching meaning in the numbers ahead of the september Federal Reserve meeting. It may not be super thursday, but the u. S. Has key Economic Data on friday. The next to last jobs report before the Federal Reserves meets in september. The economist we raised we theeyed, predicts with unappointed rate Holding Steady at 5. 3 . As long as job growth and maintenance trend, with an average growth of 200,000, economists inc. The Federal Reserve will raise rates as early as september. Showed calls it a case of me why i shouldnt. One of the reasons the fed shouldnt is because of wage rates. The average will rise 0. 2 . And 0. 3 yearoveryear. Growth and pay is the one missing factor that would help push inflation up to their 2 target rate. Last week there was a negative sign for wages. The employment cost index which measures hourly pay an annual salary rose in the Second Quarter
Santoli. Carl has the morning off. We begin with our coverage of Hurricane Harvey, which continues to wreak havoc on texas and louisiana. The houston area alone receiving 20 inches of rain already with more to come the president is set to travel to texas tomorrow. We have Team Coverage for you. Jackie deangelis is live in Corpus Christi, angie lasman monitoring the storm track at hq jackie, over to you first for an update. Reporter hi, there, sara it appears, at least for the moment, that the weather has calmed here and some of the dust is settling, but now there are a lot of questions with houston under water how Corpus Christi is going to get back on its feet, get power restored, get the plumbing going again some of these coastal towns were really hard hit over the weekend. We were in rockport. We spoke to some folks who were speaking to the solidarity of the texans and praying for those in houston, but we spoke to some who said we need help and we need it now. I dont think so. This
Here say, stop the bickering inside the beltway and start passing trumps simple plan, but would that forbes quick fix work . Hi, im david asman. Welcome to forbes on fox. With steve forbes, michael, elizabeth macdonald, john tamny and steve, way back in april, you wrote an oped in the new york times, for goodness sake, why are republicans making tax reform so hard . It looks like they still are. Yeah, they havent learned since april and david, its simple, slash individual tax rates across the board ala ronn ronned ronled a reagan and done, run with it. David emack, we have a plan and to emphasize what steve said much weve got five points, sort of expanding a little on what the president said, reduce the tax brackets from 7 to 3, simplify, reduce Corporate Tax to 15. End tax loopholes, eliminate the death tax, one time tax on optional earnings as the president said bring back trillions of dollars. Write it up. There it is. It remind me of Burgess Meredith in rocky, what are we waiting f
Here say, stop the bickering inside the beltway and start passing trumps simple plan, but would that forbes quick fix work . Hi, im david asman. Welcome to forbes on fox. With steve forbes, michael, elizabeth macdonald, john tamny and steve, way back in april, you wrote an oped in the new york times, for goodness sake, why are republicans making tax reform so hard . It looks like they still are. Yeah, they havent learned since april and david, its simple, slash individual tax rates across the board ala ronn ronned ronled a reagan and done, run with it. David emack, we have a plan and to emphasize what steve said much weve got five points, sort of expanding a little on what the president said, reduce the tax brackets from 7 to 3, simplify, reduce Corporate Tax to 15. End tax loopholes, eliminate the death tax, one time tax on optional earnings as the president said bring back trillions of dollars. Write it up. There it is. It remind me of Burgess Meredith in rocky, what are we waiting f
Im not going to giving it up. This is the cbs evening news with scott pelley. Pelley in nation divided over the president s travel ban, the latest opponents include more than 800 u. S. Diplomats. In a draft of a letter to the state department today, they say that the ban stands in opposition to the core american and Constitutional Values that we as federal employees took an oath to uphold. And they say it will not make america safer. The ban stops all refugees from entering america for at least 120 days and bars travel from seven predominantly muslim countries. The democrat temporarily running the Justice Department took a stand against the president s order and was fired by mr. Trump last night. Heres Major Garrett at the white house. Reporter President Trump fired acting attorney general sally yates, a career prosecutor and holdover from the obama administration, for refusing to defend the immigration executive order. The Justice Departments office of Legal Counsel approved the order