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Jobs. that's never happened before in our modern economy. unemployment is the lowest in a generation. so the fed is raising interest rates to keep the economy from overheating. but it's also freaking out wall street. overt white house criticism of the federal reserve, an independent agency, is rare. the president sees the stock market as his personal scorecard. last week, trump blamed the federal reserve for wall street's worst week in months. corporate america is coming to the rescue. u.s. stocks rebounded yesterday thanks to big company profits. the dow alone soared 548 points or 2.2%. its b...

Bit of a roller coaster ride for the dow this month. the dow up 547 points today as stocks recover from last week. but republican rallying cries against the deficit and the national debt that once brought the tea party to power seem to have been, shall we say, decaffeinated since obama left office with fresh news from the treasury department that the annual deficit will be jumping up 17%, just shy of $800 billion for this fiscal year, a level we haven't seen since 2012. alison kosik is at the new york stock exchange. where are the tea partyists now? >> reporter: not seeing that. i saw a lot of...

Tax reform from president trump. the government is spending more than it's taking in, and it's really racking up those bills. and the government is actually running the largest budget deficit in six years. but that not rattling the markets today with the dow ending higher by 548 points. jake? >> alison kosik at the stock exchange. when republicans were selling the american people on the tax cut bill, they assured the american people the $1.5 trillion in cuts would pay for itself. take a listen. >> yeah, i'm totally confident this is a revenue-neutral bill. i think it's going to be a revenue pr...

6.2 million said to be out of work. president represented the news was astonishing. the dow jumped today at 548. the s&p 500 gained 59. the nasdaq finished ahead 215. on the downside, the federal budget deficit has surged to $779 billion in fiscal 2018, its highest level in six years. the treasury department said it climbed 118 billion since 2016. at the trump administration expects the deficit to top $1 trillion in 2019, nearly matching the $1.1 trillion in 2012. the factor of using racial admissions in colleges is under attack tonight. and harvard, the case could bring up challenges to affir...

We'll see if this election -- >> if this changes that. >> there's a real generational thing here. this is a generation that's been raised thinking about consent, thinking about sexual assault. they were young people during the clinton years. they have a different social attitude towards these sexual questions and we'll see if this is something that motivates them. >> aaron, extremely quickly here, 548 has new forecasts out today showing that the chance of democrats retaking the house seems to be slipping. is that because of kavanaugh? >> yes, in a word, because of north dakota, because of the ...