Wage Data News Today

Good morning. 11 00 a. M. Eastern, 8 00 a. M. Pacific. Im Jose Diazbalart. We begin this hour with breaking news, a brandnew Jobs Report beating expectations. The government reporting employers added 254,000 jobs in september, thats well above the 150,000 predicted by most economists. The Unemployment Rate fell slightly to 4. 1 . And when you break it down by race, both the black and hispanic Unemployment Rates fell by. 4 last month. There you see the drop. This report comes hours after Port Wor...

I m ritika gupta. Welcome to business today, live from New York, us shares have made a strong start this thursday as investors wrap their heads around Thatjumbo Half Percent cut in Interest Rates from the Federal Reserve and later comments from chairjerome powell. Was it a Panic Measure in response to a sharp slowdown in the economy . Traders remember similar moves just before the Dotcom Crash the Global Financial Crisis and the pandemic. Well, in his Press Conference Mr powell was keen to dispe...

Caution at the Bank Of England. It keeps Interest Rates on hold but the governor tells us they are optimistic that Borrowing Costs are on the Path Down. Over on Wall Street though the party is back on. Shares hit a new Record High as the fed says the economys in a good place despite Itsjumbo Rate cut billion dollar breaks Australias Economy rides a wave of interest in surfing. It is the government fully with the sport . All those puns to come a little later in the programme. We start here in t...

Part of an overall Unemployment Rate of 5. 3 injuly. All of which has had people taking to social media. Kerry allen works for Bbc Monitoring and has been observing Social Media Activity in china discussing this move. What are people saying in china about this move to stop counting Youth Unemployment . This has been a major Talking Point on social media and state media have reported this is not something young people should worry about and that things are projected to improve from august onwards...

Documents with improper intention, and they are alleged to have had these knowing they were fake. Ijust want to recap on that information we are just getting here want to recap on that information we arejust getting here into bbc news. We start with this Breaking News. Three suspected spies for russia have been arrested in the uk. The defendants are all bulgarian nationals and were held in february. They have been remanded in custody. It is alleged they were working for the Russian Security serv...

That you might have missed. The hthousep of representatives passed a set of Funding Bills needed to avoid a partial government shut down. House speaker johnson said he is pleased with the legislation because it allowed him to make spending cuts. We also advanced as you seen the surgery cuts to some of the agencies that we believe are really overreaching. And have been turned in some ways against the American People. We are going soto cut 3 from doj, 7 from the atf, 6 from the fbi, and 10 from th...

as samira hussain reports from new york. the headline in these latest inflation numbers as the cost of living in the united states is headed in the right direction. inflation rose 3% in the month ofjune, down a full percentage point from a month earlier. it has fallen pretty sharply from its peak of more than 9% forjune of last year. it is a sign the federal reserves moves to raise interest rates to slow down inflation seems to be working. analysts are still thinking the american centr...

also breaking this morning, signs that the labor market, which has been stunningly strong for so long is now cooling. fed watchers and wall street very warily awaiting these numbers. ill talk to acting labor secretary julie su for her take on the numbers and the strength of the u.s. economy. and later, more heat for an already weather-weary nation. over a dozen dead nationwide from the high temperatures. >> i have asthma, so the air quality is really hard on my lungs, and then with t...

what more do we know about his condition? >> reporter: well, at this point, jose, it appears the senate minority leader is still in the hospital, recovering from this fall. his office has not given us an update outside of what they told us shortly after the news broke of this situation that he was dealing with last night. of course, mcconnell is 81 years old, he had health scares in the past, heart surgery, he fell in 2019 and broke his shoulder. so he has dealt with health issues and ...

lets start in china, where the latest figures just released show the worlds second largest economy grew faster than expected in the first three months of the year at 4.5%. this is the first set of quarterly gdp figures following the end of strict covid—19 restrictions in december. they also follow the easing of a three—year crackdown on tech firms and property. lets get reaction from julian evans—pritchard, head of china economics at capital economics. this is better than expecte...