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Transcripts For CNN CNN Newsroom 20240706



when the accident happened. kentucky s governor rushed to the soldier s duty station, which is called fort campbell and had this to say this morning. today is a tough and a tragic day for kentucky. for the four campbell and for the 101st. the nine individuals. we lost our children of god. they will be mourned and missed by their families. by their communities. we ve also heard from the secretary of defense lloyd austin, who said in a statement . my heart goes out to the families of these service members and to the members of the 101st airborne division who bravely and proudly serve our country every day each and every day. i m saddened by this tragic loss, and i am working with army leadership to make sure our troops and their families received the care that they need in the wake. of this accident. cnn s dianne gallagher is live at fort campbell. diane what more are you learning about this tragic accident? so alex. there is an aircraft safety team that is on their way f ....

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Transcripts for CNN CNN Newsroom 20240604 17:44:00

Slightly, and it s off of low levels you can see from that chart. the trend is really in favor of workers showing that jobless claims remain very low. some context here 198,000 in the latest week. the pre covid 2019 average was 220,000. so that means despite all of these recession fears, despite the fed s historic warren inflation despite the banking crisis, this jobs market in many ways even stronger than it was before covid, and it was pretty strong back then, if anything the fed is worried that it could be too strong. now. of course, we are still hearing about layoffs, especially in tech on the latest company to announce layoffs is elektronik arts, the video game maker of madden and fifa. they re cutting about 800 jobs, but still when you look big picture outside of tech, the numbers show that a lot of companies are holding onto their workers. and matt. what about the gdp? where does that fit into everything? well the latest ....

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Transcripts for CNN CNN Newsroom 20240604 17:43:00

Data is rolling in today. the economy grew in the fourth quarter of 2022, meaning still no recession and weekly jobless claims ticked up slightly. that jobs number is one that the fed is looking at closely as it works to bring down inflation. we re also keeping a close eye on the markets, which are currently flat as investors digest all this data and monitor the banking situation. cnn s matt eagan is here to break it all down, matt first on that jobs data. if you re the fed are today s figures frustrating because they show just how resilient the labor market is, probably alex, but they can t really say that out loud. i mean, the fed is squarely focused on cooling off inflation , and a lot of economists think that they need to get a weaker jobs market to get inflation under control. but you know the jobs market is just not cooperating. it remains strong, historically strong initial jobless claims coming in at 198,000 that is up, but only ....

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Transcripts for CNN CNN Newsroom 20240604 17:37:00

Interesting set of proceedings. lots revealed in these documents . we ll see if there s a trial. renato mariotti, thank you very much for your time. now up next banking chaos, big tech turmoil the fed s rate hikes, none of it seems to be slowing down. a hot jobs market will break down today s new data that s coming up. our ancestors had power. our ancestors had hope. and our ancestors had ambition. born in 18 47. formerly enslaved started buying land was in the house of representatives. we didn t know told family was part of black reconstruction exactly seriously. finding out this family history. these things become anchors for your soul. i love shopping, the real world. it s scoring something amazing for 90% off retail coochie. ....

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Transcripts for CNN CNN Newsroom 20240604 17:46:00

Is how long this economy can stay resilient despite the bank turmoil and despite all of the interest rate hikes from the fed alright matt eagan, breaking that down for us. appreciate it. new season. new rules major league baseball s opening day is here. that s next. i can t believe this is h how you kids talk to your friends. this is talking. did you have a nice day? look at the size of these butterfly shrimp, enormous shrimp. what no, she s talking. i m fernando liveutside of boston. i ve been with consumer cellular for five years. consumer cellula gives you all the same features that these big companies give you. what you get for the for the cost is remarkable. why would you pay more money? why would you pay more when you can get unlimited talk and text with a flexible data plans starting at just $20 a month. i think they should raise their prices. sorry, ....

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