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Noticeably higher a year ago, it was at 3. 5 . The black Unemployment Rate thats moved up even faster. The rate that workers are quitting their job, and getting hired has gone down. Now by, no means, am i saying the Jobs Market is imploding its not but cracks have clearly emerged. Fed chair jerome powell, he acknowledged as much yesterday telling lawmakers that the Jobs Market has quote cooled considerably. And he said, inflation is not the only risk we faced. Thats why investors on wall street, theyre betting and the fed is going to dial back that Inflation Fighting Medicine by cutting interest rates. The market is pricing in a 73 chance of a Rate Cut not in this next meeting, but The One after that, The One in september now, economists, m talking to are warning the fed not to wait any longer than that. Moodys economist mark zandi, he told me, quote, the biggest danger is a Policy Mistake that the fed keeps rates too high for too long right now, the fed is signaling a september cut. I
Bill-yeah-john-berylCnnEconomistsEconomyU-s-InfrastructureThreatGuysUnemploymentAlarmKimDavidMinister benjamin netanyahu. So, what comes next . Matt gutman live from the region again tonight. Back in this country, news involving Florida Congressman Matt gaetz tonight. His former Associate Joel Greenberg pleading guilty to federal charges. That associate now says he introduced a 17yearold girl to other Adult Men who paid her for sex. And what that associates attorney said today when asked if any elected officials were involved. The new allegations surfacing involving Microsoft Founder Bill gates. Just weeks after learning he and his wife of 27 years, melinda gates, were divorcing. Whats now being reported. E los ges. D night,ewcong in ofant. And it comes after more than 1,000 people were forced to evacuate. Amid a growing number of cases involving unruly passengers, tonight, the flight out of New York diverted because of what a passenger is accused of doing and the list is long. That passenger arrested tonight. And in new York City, the rescue in the subway, just as a train was
New-yorkLifeStoriesOn-the-airStep-forwardPrevagenHealthier-brainCdcMasksQuestionsStatesOneExpressed this on his call late today with israeli prime minister benjamin netanyahu. So, what comes next . Matt gutman live from the region again tonight. Back in this country, news involving Florida Congressman Matt gaetz tonight. His former associate pleading guilty to federal charges. That associate now says he introduced a 17yearold girl to other Adult Men who paid her for sex. And what that associates attorney said today when asked if any elected officials were involved. The new allegations surfacing involving Microsoft Founder Bill gates. Whats now being reported. The Wildfire Raging Outside Los Angeles. And tonight, news coming in of an arrest. And it comes after more than 1,000 people were forced to evacuate. Amid a growing number of cases involving unruly passengers, tonight, the flight out of New York diverted because of what a passenger is accused of doing and the list is long. That passenger arrested tonight. And in new York City, the rescue in the subway, just as a train
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