stephanie, is this a trend? it is not a coincidence, because a lot of these companies that we call technology companies are in fact digital advertising companies heavily linked to the fortunes of the advertising industry and that is responding to the wider macro economic condition which is higher inflation, higher interest rates, slowing growth, so if you have your advertisers have your advertisers slashing your advertising budget, that will hit certain companies. then in specific cases like meta, which owns facebook, they made a pivot last year to something called the metaverse, and so far that has been a gigantic cost and it is likely to continue to be a gigantic cost, so that is a company that will see some pretty grim financial results i suspect for a little while, but if it turns into mark zuckerberg, the ceo, into his favour, if he calls that bet right, people will herald him as some sort of visionary genius. if i look at the areas that have been cut, at twitter we have seen big
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domestic intelligence as much as it is about policing. say something about that. spies and subversives have been the fbi s target 100 years ago. it s been the main mission. this creates a conflict, a tug-of-war. we all want to be safe and we all want to be free. the fbi has to wake up every day and counteract that balance. it s about domestic stuff that aren t so comfortable. these are secret service intelligence missions against people who want to blow up the united states or oppose the president of the united states. j. edgar hoover plays i huge role in your book. i want to put up a quote you have in the beginning of your book of how to think about him. his loyalists saw him as a visionary genius, his opponents saw him as a sewer in the words of president kennedy s national security as adviser.
economists say there s no hints in the newest unemployment report that another recession is starting. 103,000 jobs were added to pay rolls last month. that s a stronger than expected increase. july and august figures were also revised upward as well as to show an additional gain of 99,000 jobs over the summer. the overall unemployment rate held steady at our white house correspondent dan loathian. what is the white house saying about all the numbers heading into a senate fight over the jobs bill? reporter: wolf, top aides here at the white house say that unemployment rate of 9.1% is still unacceptably high. they re encouraged by growth in the private sector. but white house spokesman jay carney said it s far from good enough. they believe that the president s jobs bill is one way to get americans back to work. and that s why you ve seen the president campaigning across the country and again this week holding a news conference here at the white house putting pressure on la