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That was the Dock Strike which ports shut down and was going to be a disastrous. President biden helped get that thing fixed fast. They have agreed tentatively to a 62 increase in wages over the next six years. The first offer that the union turned down, just to show you how far apart this was, was 40 . That is where this began so the pressure the union put on really did work and of course, the Court Companies are hoping that President Biden would feel the pressure of this and just order a Tafthartley Return to work by that union to get through the election and you can imagine how the companies that the president is going to have to do this because this will be so difficult for the Harris Campaign but the president just kept the administration pushing both sides to an agreement they had at 5 30 you can imagine how this was at the White House. White House Chief of staff on resume, Pete Buttigieg and others in the administration wi ....
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 ....
Start of the gaza war and we will bring you more information on both stories as that comes into us but turning back to lebanon because early in the day israel carried out air raids against what it called hezbollah s intelligence headquarters in southern beirut. Our middle east correspondence sent us this report. Another night in beirut and more israeli air strikes. War returns to this city. And this attack came with no warning. We went to inspect the damage. A residential building near the lebanese parliament. Beirut appears increasingly under threat. This is where an emergency response gr ....