To do very very top i think it is. The water where all the patients you walk on and give the go ahead. This is the one business show you cant afford fairmont washington coming up as unemployment remains unpredictable. Inflation is from paul will break it down to what that means the u. S. Economy Going Forward in the United States the world over a trillion dollars and off for them to take a look at the numbers and think just. How countries are adjusting to the dramatic drop in International Travel have a lot to get to so lets just start. Its thursday and u. S. Unemployment numbers are in more than 1000000 americans filed for jobless claims for a 2nd consecutive week well the Labor Department reported it with a weekly drop of 90000 but this is down from the 1100000 the previous week now this also marks the 22nd time in just 23 weeks the jobless claims are above 1000000 claims dropped below the 1000000 earlier this month but only for one week now this was since the start of the pandemic i
Has changed lives and pharmaceutical companies have a miraculous solution. Based drugs to people who are chronic pain and believe that their opioid prescription is working for them in the remedy. To the price at the. Dependency in the addiction to opiates to long term use that really isnt scientifically just right now a study actually suggests that. The long term effects might not just be the absence of benefit but actually very very right because in the long term. This is a boom bust that one business show you cant afford to miss there montevideo going to washington coming up as unemployment remains unpredictable. Inflation is the ball will break it down and what that means the u. S. Economy Going Forward in the United States and the world could lose over a trillion dollars in lost for them in terms of take a look at the numbers and see just how countries are adjusting to the dramatic drop in International Travel have a lot to get through so lets get started. Its thursday and u. S. Un
Either life from moscow they say is R T International im calling bribe or the big stories that were across this hour 1st then to the protest as close to the white house whove attempted to shout down donald trump during his speech on the final night of the Republican Party convention with homes and chanting loudly hundreds tried to destructive and on and on but were carrying lights not about his but it didnt stop the president from claiming that hes done more for black people than almost all of his predecessors. They say very modestly that i have done more for the Africanamerican Community than any president since Abraham Lincoln our 1st republican president. And i have done more in 3 years for the black community then joe biden has done in 47 years. And when im reelected the best is yet to come. Ill try to speak. Came is furious black lives matter protest has once again turned out in kind im sure in the wake of Sundays Police shooting of a black man be aware we are about to show you th
Financials all higher by 2 or there abouts shares of Sonic Automotive up 200 from the march low as the demand for used cars skyrocket during the pandemic. The ceo david smith will join us well welcome him as power lunch begins right now thanks the stocks are still on track for a week in the red bob was more on the moves for us we were moving down quickly at the open. We turned around at 10 00. Thats when we got the headline that the regulators were easing part of the rule we had word that texas was pausing the roping plans we drifted lower again thats what i mean about dualing headlines that we have been seeing its been drifting lower they are delaying the california theme park they have been on a down trend for a while. Nice to see Energy Bounce back we had a bad day yesterday on energy as oil dropped about 5 they are all bouncing back today. Thats helpful all five of the big names advancing, theyll be up on the day. Back to you. Lets go to the bond market where yields are lower rick
Jobless claims news, over last nine weeks, over 40 million americans applied for first time jobless benefits this is expected to be about the worst of it. We might see an unemployment report tipping 20 or so. That could be the worst of it or at least that is the hope. Lets getted read from Jackie Deangelis following what is happening on the virus, following what is happening on the markets putting it all together. Hey, jackie. Reporter neil, with respect to a bumpy ride the markets are a little confused today. Down 50 points, this is smaller bump than weve seen in the past which is definitely a good thing. The big question has always been as states start to reopen, are we going to see a spike in cases . That was always the fear, the argument against reopening. Here is what we know, global cases topping five million but that doesnt really tell the whole story. Testing has become more readily available. More people being tested. It will look like more people have the virus, presumably be