road to democracy. she spoke to reporters after holding a second round of talks with hillary clinton. the u.s. secretary of state has called myanmar s reforms a positive step. she warned they need to make more changes before the u.s. will consider restoring diplomatic relations. jipgs wi s the militarys of egypt say they won t be ready until does he or sunday. democrats and republicans say an extension of the payroll tax cut will help the economy but can t agree on how to pay for it. the senate shot down proposals brought by both parties forcing more negotiations. those are the top stories from cnn, the world s news leader, i m zain vergee and world business today starts now. happy friday and welcome to wbt i m andrew stevens in hong kong. these are the top stories. time to make a change. germany and france champion a major eu overhaul but differ on the details. it s all about jobs this friday. the big monthly nonfarm payroll number is out in a few hours from now. i
the new york stock exchange. the unemployment dropping below the 9% to 8.6 mark. how is the stock market taking it? it s taking a breather at this point. the rally has fizzled out because investors had a look at the report. they got a look at what is just behind the headlines. what it showed is that 120,000 jobs were added in november with september and october numbers revised higher by a total of 72,000. sure, the pickup in hiring. it s a good sign. but it s still not great. the country is barely creating enough jobs to keep up with population growth and 13 million people are still out of work. the reality reason is why it s fizzled out. they have done enough buying for the week. the dow is up almost 800 points just for the week, brooke. wow. that s tremendous. but also some people are saying that the numbers aren t as tremendous and i want to ask you a question. i want to pose this to one of the presidents of the south economic advisor. is it a bit of an beabboration?
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i m erin burnett. outfront, we begin with breaking news. herman cain losing key support in new hampshire one day after a georgia woman claims she had a 13-year affair with the candidate. one new hampshire state representative, william panic, conif i recalling to outfront that he is withdrawing his support for cain and switching to newt gingrich. adding the alleged affair was the final straw. and within the last hour, the presidential candidate sending a message to his supporters. and i read it in part, quote, this woman s story is completely false. i am asking for your friendship. i am also asking for your prayers and support. this is a trying time for my family, my campaign, and for me. i m looking at the letter here which concludes with, the ability to buy herman cain t-shirts and donate money. money is what this is going to come down to. cain s plea for support comes after telling staffers this morning that he is recessing his campaign. a top campaign aide told cnn tod
headlines and the scandals in college sport. also one of the hottest young comics in the business. why dane cook is getting serious. this is piers morgan tonight. good evening. herman cain s run for the white house is on life support tonight. never a good sign when a candidate says he s reassessing his campaign. but he s still out there tonight making a foreign policy speech in michigan. apathy, not being involved, not being informed, not staying inspired is a threat to the future of this great nation. but it s up to us and especially the younger generation to do something about it. despite his confident performance tonight, it seems unlikely that candidate cain can stay in the race much longer after one claim of a longtime affair and allegations of sexual harassment hanging over him. here to answer that question is the senior adviser for the cain campaign. now, let me start with you. when a candidate starts telling supporters it s time for a reassessment, it s over, is