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Putting many thousands of retailers out of business and costing jobs. now according to the progressive policy institute, the e-commerce sector added 355,000 jobs between 2007 and 2016. but about 312,000 jobs have been lost at department stores alone during that period. there is no question that brick and mortar retail is struggling and there is no question amazon has had some role in that. but putting the blame on amazon neglects looking at the whole picture and to do that i'm joining by carea swisher from recode and also an msnbc contributor. cara, good to see you. this is one of those things...

Blanket federal law on sales tax collection on line because right now there's a patch work of local regulations. number two, the claim that amazon is costing the postal service billions of dollars. the reality is shipping and package services grew by $2.1 billion last year, that's a 12% increase. amazon does get a deal on shipping with amazon. that's an agreement that is subject to review by the postal regulatory commission every year. it's required to be profitable for the postal service. and then there's this claim, that amazon is putting thousands of retailers out of business. this is int...

That's not good news. the other piece of nod such great news is that last week was revised slightly higher to 314,000 from 312,000. so you are still seeing these weekly jobless claims coming in. people are filing for unemployment and the like as well. so that's what we're seeing right now. the big picture, don't forget the economic news we got yesterday. the gdp number, terrible. so we've had some mixed economic news. we did get confidence numbers that were good. you feeling confident? that was good. home sales numbers that were good. >> what about go pro? i hear it's a great day. >> how cool....

The dow falls 21 points. the dow ends up less than a point. the filings dropping last week by 3,000 to 312,000. the economy gained slightly bigger decline. don sierm spending rose less than expected in may and nike shares are higher after hours. the footwear giant's earnings and revenue coming in ahead of estimates. that's it from cnbc first in business worldwide. gas at the same location. during the day, we generate as much electricity as we can using solar. at night and when it's cloudy, we use more natural gas. this ensures we can produce clean electricity whenever our customers need it. â™...

Causing anxiety to the point of disability. her now ex employer refused to change her schedule to avoid the packed roads. and it was a mistake by one letter. but nearly 4,000 miles an american couple suing british airways after they say the airplane booked them on a plane to the wrong destination. they thought they were headed to granada, spain, but -- they went to grenada in the caribbean. oops. >> fox news alert, the labor department releasing brand-new weekly jobless numbers moments ago. nicole petallides is live on the stock exchange. she's examining those numbers. have they reached your...