In washington coming up the rate in new unemployment claims may be leveling off but congress and the white house look to be stocked yet again on a stimulus plan and the pressures continue to rise across the globe due to the pandemic swine flu and unpredictable weather well tell you what this could mean for those who are already struggling to get enough to we have a lot to get through to a lot of markets. We begin today with jobless claims as u. S. Unemployment fell just slightly for the week ending on october 3rd to a fresh pandemic low the u. S. Labor department reported initial jobless claims at 840000 worse than expected showing the labor market is still experiencing a slow recovery while the economy is still growing its been a gradual comeback as concerns rise over another wave of layoffs without another federal relief package still some 25500000 americans are collecting some sort of benefits so for more on this and the overall state of the economy and markets we bring in boom bust
Your record deal is 800000 businesses that have permanently closed their doors so unfortunately its going to be at least 2 years were getting back to we were and by the way thats if you believe the Prescription Drug hell. And a viable economy comes from or rolling trillions upon trillions of dollars and drinking it all right the number were looking at still its lower than a 1000000 that we were saying at the beginning of the pandemic but its still pretty high its just over 800000 still closer to a 1000000. Why are we still losing 840000 people i mean were supposed to be underwhelming route to recovery by the way if you look at continuing claims including pandemic unemployment assistance were at 20000000 people there are still seeking dont really need and this should not be the case for an economy that is supposedly in a violent the shape recovery just not james well its definitely not. The case christine meanwhile after pulling the plug on stimulus negotiations the Airline Industry is
And get it done. In order to avoid trying to get an extension he has been too eager by far to get a deal at any tom symonds, bbc cost. Mps will hold a rare saturday news. Sitting here to vote we are going to turn our attention on the deal this morning were at the heart of the debate to brexit in westminster this at the beginning of a crucial two morning. The prime days in british politics. Minister says more than 700 people hes very confident his brexit deal are arrested across the uk in a week long operation to tackle will be approved when it goes to a so called county lines drugs gangs. Vote in the commons tomorrow. Sainsburys bans fireworks. That is something labour leader the supermarket Jeremy Corbyn strongly disagrees with. Becomes the first major retailer he says this deal is worse to stop selling them ahead of bonfire night. Than the one presented by previous ill be finding out whats pm, theresa may. Behind the decision. Lets discuss this with the shadow chancellor, the premier
Julie hyman is here to bring us up to speed. Julie we ended last week with records. The streak continues. A muted fashion. The dow and s p, little change. Of deal talkt today, involving different companies. Abroad, and qualcomm. Lets look at the movers involved. Four percent. Qualcomm has said it would offer. Broadcoms is rising. Marvell Technology Make a bid. A deal makes sense. On the flipside, sprint is not ditchee like the last efforts to merge with tmobile died. Sprints shares plunging. Softbank is willing to reengage in charter talks. Those shares are trading higher. A lot of moving parts. We are watching Michael Cores s has the michael kohr convinced customers to come back to paying full price. Amd coming to a deal with dish. Being updateds over pivotal research. Analysts are citing the failed tmobile deal. Mark basic resources leaving the advance. Arabia is where our attention is today. The benchmark age. That was sunday. Fell in initially 2. 2 . Rose 3 . This is a today chart.
Safais question so in reverse i guess whether this is new developed built in traditionally not night life areas you know their complaining when the night life was there already i guess wasnt ill concerned about it from youre thinking this you should expand into the other areas or people at home want a home that is quiet and the not put night life there. Yeah. And the people that run operate those things cant say well, what are they complaining about. There are two points night life a huge category and to me it means you know quiet jazz or acoustical music up to the premier nightclubs in the city i dont think that nightclubs should be in every neighborhood and not right for every street and community; right . It has to be done carefully and the other thing theres a fundamental difference between a place it existed peacefully and operated responsibly for years or decades and a new place that is moving on where people are already living peacefully this is a transmission between the two th