To keep roaring . Our next guest says all good things must come to an end before that, lets start with the jobs report. Just 187,000 jobs added, but better signs on the Unemployment Rate which dropped to 3. 5 , and what to make in the surprise uptick in wages. Who better to ask about this, that would be the chief economist diane swan, who came within 6,000 of the number last month. And shes watching three events that could send shockwaves through the economy. Shes back with us with steve liesman. Your own forecasting chops arent bad either, steve i havent been forecasting since the pandemic, but i think the question for diane is obvious why did she miss by 7,000 . I mean, what went wrong, diane you sound like my dad thats what my dad used to say. Why did you get that a minus, diane . Why 95 and not 100 . Do you think youre picking up do you think its just tell me a little more about this and what your reactions were to the report oh, i was extremely pleased with the report. It was exci
Surprise profit and Record Services revenue, but says weakness in pc and ipad could continue to drag down sales. And amazon shares rallying after reporting blowout profits beating on sales and the company issuing optimistic guidance as well interesting internals in the jobs report this morning 187,000. Unemployment, 3. 5 average Hourly Earnings, a touch hot, but the workweek shrank, mike, so total weekly pay, below expectations i think it all nets out to consistent with a slowing but still tight labor market and a relatively soft landing for the economy. You did have those downward revisions, so decelerating but also lower Unemployment Rate implies just not a huge supply of idle workers to draw from here the main market kind of bank shot on this is what does it mean for treasury yields thats been the story all week you have had longer term yields really going higher, not much because of repricing what the fed is going to do, but just in general, a lot of dynamics pushing in that direct
Contained grant north of ldos angeles grant this thing has burned more than 18 homes grant some neighbors are still in danger tonight. Justine happening now. A statewide power warning. Known as a flex alert has been issued until 9 00 tonight. Justine heat advisories are posted for parts of Southern California. And temperatures could reach triple digits in parts of the bay area. In response. State officials are asking people to reduce electricity usage to avoid power outages. Justine additionally. They warn everyone to prepare for the hot weather. Suggesting you stay out of the sun and drink plenty of water. In addition to the flex alert. A spare the air alert has been issued for tomorrow. Grant meteorologist brittney ship temperatures. Brittany no relieff. Right now temps are at 100 degrees in some locations. We will see triple digits for antiocha and 85 for mountainview. Brittany try to drink a lot of fluids. Do not leave your pets and children in hot cars. It is too hot. Brittany pow
Were following breaking news for you right here at 4 30. Boston mayor marty walsh just addressing the madia about the tragic death of the 7yearold Kaiser Willis in south boston yesterday. The antibiotics body was found in the water. Adam Williams Joins us now at breaking news desk with all the details. Yeah, police say theyre speaking to camp counselors and exmily to try to figure out 7yearold Kaiser Willis of Dorchester Juan wandered off from a sump camp just before 3 00 yesterday afternoon. It was a fourhour frantic search before rescue crews located the boys body in the waters off carson beach early yesterday evening. Boston mayor marty walsh abruptly left the Democratic National convention in philadelphia to come back to the city after learning about what had happened. Walsh met with the childs they are devastated. This is a tough day. It was a tough day yesterday. Just a horrible day. Very difficult to put in words. The mayor also said the director of the Curly Community center wh
Stop it youve been gone too long, alice. Whats the matter . The hatter is the matter. The hatter is my friend, if hes in need i will help him. It will be a race against time. He is not someone you want to be with. Wonderland. Your time is up. Time forever . You were foolish. Hold on, everyone i dont want to hold on from the heart of new york city, im sonia isabelle. Make sure you follow us at celebrity page tv. Well see you next time. File. A spokesman for the department downplayed the Security Threat in a Statement Issued to abc news. Police in albuquerque released video of a drug bust that went wrong. Ending with a lieutenant shooting one of his own detectives. Police set out to take down two suspects in an undercover sting after the lear. But it only took seconds before the bust went bad and jacob grant was shot at least eight times. Jacob. Talk to me. Talk to me. Are you okay . No. Come on. Detective grant has undergone dozens of surgeries and will rest of his life. The lieutenant