Temer is said to be sworn in as president. Money monster at the cap compostable. We will be Cannes Film Festival could we will be getting all the latest on the second day during this newshour. French government has survived a noconfidence vote that was prompted after it through itsorce contested labor reforms. With only 246 votes, however, the conservative opposition failed to gather the minimum of 280 that it needed to bring down the government. Valls beforemanuel the national summary. Ls to govern is to make a choice and assume responsibility for it and implement it over time, but also to know how to listen and come to a compromise. And it is with the conviction that our economy needs to be supported in this moment on the past two growth that we need to modernize our social system. Which i have committed to. Melissa the failure of the conservative noconfidence motion means that that particular bill, the labor reform bill, will become law. T now heads to the senate but frances labor l
Skyrocketed to a near historic high of nearly 15 . So a drop of 1 is good, but dropping from such an elevated level remains a major concern for america. Wages have remained stagnant for years and even with the reported jump, wages are still 1. 6 below the level they were in 2007 nearly a decade ago. The bottom line, the economy has squeezed the american middle class for ten years, under president s bush and obama. Weve seen urban plight our major cities have experienced. In detroit, abandoned homes number in the tens of thousands. In baltimore where poverty is still soaring at 23 . And unemployment among young africanamericans is a staggering 26 , five times the national rate. To chicago, my hometown, where it breaks my heart to report there have been over 500 murders year to date. Many blaming poor Economic Opportunity for the crime tsunami there. Economic malaise has drained our the middle class and bankrupted our minority communities and driven a Record Number of young people to mov
Skyrocketed to a near historic high of nearly 15 . So a drop of 1 is good, but dropping from such an elevated level remains a major concern for america. Wages have remained years and even with the reported jump, wages are still 1. 6 below the level they were in 2007 nearly a decade ago. The bottom line, the economy has squeezed the american middle class for ten years, under president s bush and obama. Weve seen urban plight our major cities have experienced. In detroit, abandoned homes number in the tens of thousands. In baltimore where poverty is still soaring at 23 . And unemployment among young africanamericans is a staggering 26 , five times the national rate. To chicago, my hometown, where it breaks my heart to report there have been over 500 murders year to date. Many blaming poor Economic Opportunity for the crime tsunami there. Economic malaise has drained our the middle class and bankrupted our minority communities and driven a Record Number of young people to move in with the
For the arena and this was a rally that was held on the steps of city hall. It included Small Business owners, union workers, laborers and more. Opponents of the proposed arena say the Environmental Impact report is inadequate and bad for the neighborhood. Those supporters you saw on the steps of city hall, theyre welcoming the revitalization of the mission bay area. They say its whats best for the neighborhood. We have an undefeated record of going through the commissions and getting public approvals. Here we are at the board of supervisors. This is like the finals. Were hoping to get approval from the board of supervisors. If approved, the warriors tell me they could break ground as early as next month. Thats if the opponents decide not to sue. The proposed arena would also include plans for a Bay Front Park and improved transit in the mission bay. Its close to the buzzer now inside the city hall as the board of supervisors are listening to the public comments. We probably wont have
Im Bill Griffeth getting ready for tonights edition of nightly business report. Well see you later on pbs. Right now were on all time high watch again, kelly. The dow trying to close at a record for a second straight day as well as its four day win streak. Since early february we havent had one of those. Plus the s p is also trying to close at unchartered territory. Struggling a bit right now. But it has been helped out earlier by the financials and health care sectors. Coming up well hear from experts on whether stocks can sustain this rally. Also ahead activist investor karl karl icahn, he will tell us if it pays to invest like icahn. A couple of pros have different opinions on that. Etsy getting ready to report its first Quarterly Results since going public. That stock is up nearly 30 since its ipo. Well have the instant analysis of the numbers. Rumor has it that etsys earnings will be released on a needle point sampler. Lets take a look at markets. As bill mentioned record high ter