Thank you very much. I was just talking about a thawing for the markets. Yes, earlier today, we did hear that of course, stimulus talks would be in play and that we started to hear some Smoke Signals between nancy pelosi and of course, we were talking about trillions of dollars could possibly be pouring into the economy. Shes speaking with treasury secretary Steven Mnuchin. But apparently now Mitch Mcconnell as he just heard is pouring cold water on that, or maybe hot water because we were starting to see some real action here. Now, movement on a spending deal quickly erasing at least the bad taste in some of the mouths of some investors after last nights debate performances by President Trump and joe biden. Fox businesss lou dobbs calling it the worst debate hes ever seen. Lou is about to in join us live. Hes been crafting his unique debate analysis. He will give it to you even before he gives it on his own show tonight. Stay tuned. Hes coming right up. Meanwhile, this latest Silicon
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
Hey, i am cramer, welcome to mad money, i am trying to make friends, i am trying to save you money. Call me, 1800763cramer that was unsustainable today we learn nearly everyone loses when the president acts and slamming the market. A crushing disappointment. And anyone who lost a job may be on the verge of losing a job you have to wonder what will happen to the 14 million odd people and the family working in the Hospitality Industry lets just say inhospitable. I care about the small and immediate size businesses and workers that are going to be laid off Speaker Pelosi and mnuchin is making a lot of progress and getting a lot of phone calls, getting close to a deal. Speaker pelosi echoes after the president stops negotiations but it was too late. Trump tweeted, he was adamant and hell put a better bill after the election all right, whats really going on here . Thats the rhetoric. We all heard the rhetoric, right . The president is taking a calculated risk, betting the economy stronger t
The hazy us but none are looking all too great and everybody has these apps on their phones. Now right a look at the air quality. And how it is around the bay area you see it is fairly uniform. This thats updated in real time, its purple air shows the amount of particulate matter in the air the dark purple. Represents the worst air that dark red is only slightly better and then the lighter shades or even better, but we dont have that much see a Little Orange and yellow well near ukiah almost but the bay area pretty red at least were not purple. Like parts of sacramento, all the way up into portland that is really bad right now, but the air we have its considered dangerous for all sensitive groups and for the general population. If theyre exposed for too long and by the way general. Sensitive groups that includes kids. The elderly and people with heart and lung disease called for chief meteorologist Lawrence Karnow joins us now. Lawrence when can we expect some relief from the smoke in
Back to big story. Were following tonight, todays visit to california by President Trump is not only highlighting our Deadly Wildfires but also the strategies used to prevent them. Catherine heenan host of inside bay area politics is here with more on that catherine yeah grant and soon as we did hear it again today of course governor newsome. Focusing on Climate Change almost exclusively and President Trump focusing on Forest Management. Newsome pointing out correctly most forest land in the state is federally owned still should our leaders be addressing both concepts more thoroughly Climate Change and Forest Management. I asked our political analysts. Over 45 of californias 33 million acres are controlled by the u. S. Forest service and therefore its measured budget has all gone to fighting fires. So trump can blame this all in california. And you can remove Climate Change from the equation. The droughts are killing all vegetation that are tinder for fires. We didnt have fire tornadoe