Weeks in office and the very week, frail, Cognitively Struggling president , he still is lost and confused. Meanwhile he is green new agend is wreaking havoc on what couldve been a robust recovery. Today the jobs report was in good. Our Economic Growth anemic. Labor Participation Rate has gone down. Only 6,000 private sector jobs were created. Fake news cnn had to admit that it is a grim sign for a recover and to make matters worse, wev got thousands of high paying, Career Union Jobs instantly banished just in the last two weeks after biden canceled the Keystone Excel pipe down with the stroke of a pen. And thousands more of those job also lost with when he stepped Border Wall Construction. Guess what, Hundreds Of Thousands of highpaying career jobs will also be gone as joe follows through on his promise and his plan to cancel all oil and Gas Pipelines during an explanation in and more, alaska something that donald trump opened up. At the white house today joe biden openly wondered whe
In both santa cruz and san mateo counties. The yellow on the map that is the only area where they have an Evacuation Order and that is near big basin state park officials in that area are concerned about debris flows in the czu fire burn scar area. Okay now check out these ways out of creek there just north of santa cruz. Your eyes arent fooling you the waves are black the water is discolored from carbon in charcoal its all the debris in the runoff from the czu complex fire. The time scattered showers passing through the bay area tonight as you can see just patches of them. And a live look here at the golden gate bridge, starting to dry out its been a passing over that bridge and many others at the high winds and the downpours at times the past couple nights, but it seems we have turned a corner you saw there on the radar and this live look confirms that. We have a car for team from the Santa Cruz Mountains tonight where efforts are underway to prevent mudslides there. All so to the la
Christiane and ben next have a lot to get to so lets get started. Heres a headline that will surprise no one in 2020 the u. S. Economy had its worst performance in 74 years since the end of world war 2 it contracted 3. 5 percent now this was of course because of the coronavirus lockdowns and the impact of the worldwide pandemic so whats in store for 2021 especially in an economy that remains so uncertain joining me now to discuss this and more. On it chrystia i ben lets start with you can you give us a rundown of how the economy did or didnt perform in 2020. Yeah i mean as you said in the beginning here its really no surprise to anybody the economy did not do well contract at 3. 5 percent as you said the worst its done since 1946 so its been a long time since the economys contracted that much in a single year and that came off of the 2. 2 percent growth that we saw the year before in 1900 the bottom line here is this is basically every sector was down because of the coronavirus with th
Will try to use the system to shut you out yeah shut you out is exactly that was what we were seeing happening on thursday as you saw this whole you know monday through wednesday of last week as well like you know that stock just skyrocketing because theyre buying and buying and buying would just call the short sellers to be like oh my gosh i was broken with you know basically what was interesting with that is that thats when you know trading like robin hood t. D. Ameritrade Charles Schwab and others started restricting users from being able to actually buy game stop stock and other stocks that also were being looked at as short sells that the you know other groups driving up the price of what you see and things like that its pretty incredible robin who claim this was due to recent volatility in the market over listen to this submission. Of the week and many posters on wall street pointed out that quote one hedge fund suffering amid the game stop surge was Melvin Capital Management whi
Nearly 90 percent effective against covert 90 in china says it will no longer recognize a special british passport issued to people in hong kong and accuses the u. K. Of political interference and. Communities in nigeria a dutch court is expected to deliver its verdict against Oil Giant Shell this hour. With your support of the 14 days of quarantine the worlds top tennis court in australia and friends were. Welcome to the news hour the European Union is expected to give astra zeneca kovan 1000 Vaccine Limited emergency approval in the coming hours now thats despite a growing dispute between the blog and the company about a short. Of supply so the e. U. Says the vaccine maker has breached its multimillion dollar contract it was expecting at least 80000000. 00 doses by the end of march but astra zeneca cut supply a week ago blaming manufacturing issues now on thursday brussels warned it may have to ban exports of vaccines produced on the continent to protect stock and its questioned why