Up to deliver vaccines to remote areas. We start on wall street where the Stock Market Rally continues with the s p 500 and nasdaq closing at new record highs. Americas Top Companies are reporting better than expected results. The senate is inching towards passing President Biden s 1. 9 trillion stimulus package. And theres been another fall in the number of americans filing forjobless benefits a sign the Labour Market is stabilising. There are still huge problems facing the worlds biggest economy but investors believe the flow of cheap money from the Federal Reserve will keep on coming. The biggest problem isjust that we have 20 million americans who are still in some state of receiving Unemployment Insurance benefit so we still have a really long way to go on the labour front and that take quite a bit of time to resolve. But gdp and output may recover faster but it will take more time to employ that many americans. I think it means that for market, we now believe that for market, we
some smart people to break down the big stories. today we re asking, as the u.s. begins striking back for the drone attack that killed three american soldiers, are we on the brink of a wider war in the middle east? then, that s dope. democrats in congress pushing the white house for an historic change that could have more people smoking pot. and is apple s new product a vision of the future or just another high-tech toy. the panel is here and ready to go. so sit back, relax, and let s talk about it. up first, u.s. retaliation in the middle east. friday we saw the first of what s expected to be a series of air strikes in coming days against multiple targets that are linked to iran. this marks a new stage in the spiraling tensions. many fear it could pull the u.s. into another all-out war. the u.s. hitting dozens of key targets in the middle east, the strikes retaliation for that drone attack that killed three american soldiers at a base in jordan, which the u.s. blames o
parts of the administration interacts with the social media company and judge siding with the plaintiff on overreach and the administration pleasured platforms to address posts that contributed to vaccine hesitancy they said. the preliminary injunction specifically restraints employees from a number of agencies from meeting with social media companies or urging them in any way to remove, delete, suppress, or reduce content and posts involving criminal activity, national security threats and efforts to suppress voting and conduct cyber attacks impacting elections are exempt from the ban and white house says it is weighing the next steps and reviewing the ruling, which came down on a federal holiday. now tonight, the president will celebrate independence day on the south lawn after military families and this morning addressing a virtual without having gun violence this holiday weekend. they re part of the answer. they ll make a big difference. the president briefly touched
agreed to continue cutting production basically to push up prices which seems to be working so far. saudi arabia working so far. saudi said prices which seems to be working so far. saudi said it would make cuts of1 million barrels a day and targets would drop by 1.4 million barrels per day from 2024. 0pec+ accounts for crude oil and let s get more for our middle east correspondent. it more for our middle east correspondent. more for our middle east correspondent. it was widely exected correspondent. it was widely expected before correspondent. it was widely expected before the - correspondent. it was widely| expected before the meeting started that 0pec+ would reduce oil production because it is hovering around $75 a barrel. there are concerns it could fall further with global economy struggling and demand wiggling. saudi arabia and some countries were really keen that the oil group goes ahead and makes another cut as a group but many countries were against that because ma
last 60 years because they understand the power of incrementallism. i think part of the problem with republicans is that we are so often focused on hitting the hail mary pass we forget about the power of incrementallism. this is going to spend less money next year. that is not sufficient. it s a big win. let s put in our pocket and get another win tomorrow. republican dusty johnson of south dakota with a plea to house gop hard liners who are criticizing the debt limit bill. we ll have the latest on where support stands for members of both parties as leaders try to secure their votes. plus, president biden and former president trump mark memorial day with very different messages, and also ahead we re following a developing story out of moscow this morning. drones attacked residential areas for the first time since russia invaded ukraine. good morning and welcome to way too early on this tuesday, may 30th. i m jonathan lemire. thanks for starting your day with us. we begi