Good morning. 11 00 a. M. Eastern, 8 00 a. M. Pacific. Im Jose Diazbalart. We begin this hour with breaking news, a brandnew Jobs Report beating expectations. The government reporting employers added 254,000 jobs in september, thats well above the 150,000 predicted by most economists. The Unemployment Rate fell slightly to 4. 1 . And when you break it down by race, both the black and hispanic Unemployment Rates fell by. 4 last month. There you see the drop. This report comes hours after Port Workers and Port Operators along the East And Gulf coasts reached a tentative deal to end a strike that began on tuesday. That walkout threatened to bring chaos at the start of the holiday shopping season. With us now, cnbcs dominic chu. Dom, good morning. This was a strong Jobs Report. What else did we learn from it . Good morning, jose. Yes, it stands in stark contrast, this Jobs Report, what we saw the previous month, which got read as a very big at least disappointment. What we did note beyond
Words and little action. That is part of the reason we are where we are. You know that i will take a stand. You saw me take a stand last year. And frankly, it is the only reason why i won my seat at the general election against all the polls and the pundits. The only seat that our party won in the whole of nottinghamshire and derbyshire, because my constituents, to whom i owe so much, knew that i took a stand. Forthem, owe so much, knew that i took a stand. For them, for the country, for the change we need. So, today, let me set out five changes that this new Conservative Party must make. Five stands that this new Conservative Party will take. And let me begin with this one. We must take a stand to secure our borders. We must secure our borders. Applause 120,000 people have entered our country on small boats on our watch. 99 of them are still here costing us billions. Frankly, there is no future for this party unless we take a stand to answer this problem. And the way to do that, we al
Cut of half a Percentage Point on wednesday has spurred investors sending us markets into record highs. Traders cheered the Central Banks big call cutting the main Interest Rate to between 4. 75 and 5 . Opening the door with a bang on the first rates Easing Cycle in more than four years. President biden hailed the move as good news for consumers but said there was more work to be done in taming inflation. Lets be clear. The fed lowering Interest Rate is not a declaration of victory, its a declaration of victory, its a declaration of victory, its a declaration of progress. Its a Signal Weve entered a new phase for a colony and are recovery. I believe its important for the country to recognise this process because we dont, the progress we made will remain locked in the fear of negative mindset dominating our economic outlook since the pandemic began. Fed officials have made it clear that this cut was only the beginning and investors seem to have liked what they heard. For more, lets get
Jim sciutto In Washington will continue to follow Breaking News out of florida where the fbi is now investigating an apparent Assassination Attempt on Donald Trump just two months after the former president was shot in the e. R. At a rally in Pennsylvania Trump is safe. He was not harmed in Sundays Incident at his Golf Club in West Palm Beach, florida a 58yearold man identified. You see him there as Ryan Wesley Rows has been detained he had weighed in on politics, on Social Media in the past at times criticizing trump a source says the Fbi Investigation has now gone global. As officials look into the alleged Assassins Background or attempted assassinate, the background earlier, the Palm Beach County Sheriff said the Secret Service fired shots at a man who was holding a rifle in the bushes along the perimeter of the trump international Golf Club. A source says trump had been playing golf at the time it is moving between the fifth and six holes his outing, we are told was a last Minute D
Hello. Im mark lobel. The prime Minister Sir Keir starmer is meeting President Biden In Washington today, as allies of kyiv discuss giving Ukraine Permission to fire their missiles at targets inside russia. President putin has warned that doing so would be a serious escalation of the war, but Sir Keir said moscow started the conflict, and can end it by withdrawing its troops from ukraine. Our political editor Chris Mason was on the prime Ministers Plane and sent this report shortly after landing. The Prime Minister arriving here In Washington with the foreign secretary david lammy. Sir Keir Starmer s second visit to the White House in two months. Ukraines allies remain rather guarded in their public remarks about a change in policy on the use of western missiles inside russia, but the diplomatic dashing to arrive at a decision is in plain sight. And that has proved enough for President Putin to see this. And that has proved enough for president Putii It see this. And that has proved en