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And the best unlimited. some great news for president trump. u.s. added more than 1 million jobs since he took office. the new numbers out today, 209,000 of them added in the month of july. that is more than what economists expected, and the unemployment rate is the lowest it has been in 16 years. the president, he took to twitter this morning. he was excited. he said, excellent jobs numbers just released and i have only just begun. many job-stifling regulations continue to fall. movement back to usa. peter is back with us today, former economic director with

Republic says he plans to tac e tackle, listen to this, immigration reform when he gets back to washington. mccain is in arizona. he is starting that first round of cancer treatment. whether the treatment is actually showing signs of success or not. take a look at this pretty scary scene from dubai. flames overnight from the 83rd story torch tower. one of the world's tallest residential building. hundreds of people had to evac ute, but luckily, fortunately, no major injuries reported so far. let's head over to wall street back here at home where the dow is moving deeper into record territo...

Course, teed up in the web.com tour elie mae classic. i don't know who he's golfing with, can't see, well, he shot 4 over par, which is good enough to be tied for 142nd place. last year he golfed with tom brady and jordan spieth. it was like, an under armour showdown. in today's "money, power, and politics," we are watching markets and how exactly they will react to the last hours better than expected monthly jobs report. the market will open in just about a minute. this morning, the labor department reported 209,000 jobs were created last month. the nation's unemployment rate ticked down to...

Right now we take a look at the dow. can we pull that up. there you go. slightly up on the day. the dow has had a great week. the market has had a great run for quite some time. only 30 stocks in there. >> only about half of the americans own them. >> laborer department reported this morning that 209,000 net new jobs were created last month. always talk about the last month on the first friday of the new month. nation's unemployment rate down a tenth of a% to 4.3%. don't worry about the unemployment rate. 16 month low. doesn't matter. it's a numerator and denominator. the denominator always ch...

I want to to start with you, ben. we'd to say what's the market going to d? in reality, trader s look at th jobs number, make bets and decide who pays for egg sandwich that morning. how big a deal is the jobs number? about six, eight months ago, president trump dumped all over it. >> six, eight months ago the jobs report was fake, the unemployment rate was phony. now he loves it. 4.3%, 209,000. almost identical numbers to the end of all of 2016, in fact, a slightly slower pace than under the last year of barack obama. as far as wall street is concerned, traders are concerned, this is a very st...