global health emergency, but the declaration comes with a warning. on wall street, the dow jumps 400 points this morning with good news from the banking industry, and a jobs report that beat most expectations. overnight, a major twist in one of the bloodiest fights in ukraine, in a furious announcement posted online, the head of russia s wagner mercenary group threatens to pull his troops out of bakhmut next week. at the southern border, officials say more than 2,000 migrants a day are now apprehended, just in the rio grande valley area. we re live with new video of just how desperate the situation is for men, women and children as the secretary of homeland security visits the area. and now to breaking news, the world health organization making a major announcement about the status of the covid-19 pandemic. the director general says more than a year now the pandemic has been on a downward trend and that the emergency committee that has been analyzing the data recommen
good morning. 11:00 a.m. eastern, 8:00 a.m. pacific. i m jose diaz-balart. just moments ago, you saw it here on msnbc, president biden delivering an address defending democracy and freedom at the pointe du hoc ranger monument in normandy, france. 80 years ago there at pointe du hoc, u.s. army rangers scaled the 100 foot cliffs overlooking omaha and utah beaches on d-day. it is about seven miles west of the normandy american cemetery, also where in 1984 then president ronald reagan delivered one of his moment memorable speeches. before the speech today, president biden met with ukrainian president zelenskyy, announcing a new $225 million military assistance package for ukraine. joining us now, richard haass, president emeritus of the council on foreign relations and elise labbott. wondering your thoughts on this speech the day it was delivered, what it means for the history of the world, what we witnessed there 80 years ago. well, jose, what happened 80 years ago, in no sm
as for where the jobs strength was, we saw the biggest gains in industries like healthcare, government, leisure and hospitality, those three, by the way, together, accounted for more than half the gains in the headline number. on the wages front, jose, we did see average hourly earnings increase by a higher than expected amount, .4%, higher than on a month over month basis, which is 4.1% higher than a year ago. on balance, generally positive report, which does mean the fed may not be having the ability to lower interest rates anytime soon. i ll send things back over to you. dominic chu, thank you very much. well, this morning, extreme heat gripping the west and parts of the south with millions bracing for high temperatures above 100 degrees. bill karins joins us now. bill, how hot is it going to get? hopefully it will cool off, jose. it is too early. this is like it is only june. we got months to go.
last couple of months got revised markedly lower. we got jobs growth, but not massive jobs growth. on the wages front, we re seeing broader signs of wage growth. average hourly earnings rose by half a percent month over month, making the year over year gain around 4.4% for april. it is worth noting because both of those measures were actually hotter than forecast. what this now suggests is that the fed has the ability to actually pause at least for a little bit and not raise interest rates until they can get more of a sense of how their previous ten interest rate hikes have affected the economy. but, jose, we still got a lot of data to go on the inflation and jobs front ahead of the next fed rate meeting which happens june 13th and 14th, jose. and, so, dom, as far as those rate increases, you know, 10 in a year, it had an impact no doubt on the banking system in our country. what is the latest with these
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