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we want to get to the september jobs report. the unemployment rate dropped to 3.5%. what does this mean for future interest rate hikes? meanwhile, the markets are reacting, the dow down around 400 points and it comes as americans face a convergence of economic pressures from rising prices at the gas pump, rent and mortgage rates up, and inflation burning a hole in our wallets. we could hear from president biden as he heads to maryland. we ll watch to see if he stops to comment on this report. with me now brian cheung, josh letterman, also joins us, host of public radio s full disclosure and politico chief chief correspondent. the biggest jobs gains were in leisure, hospitality, health care. i think the big takeway is that the labor market still appears to be chugging along. americans have options out there. with the unemployment rate a 3.5%, by the way, multidecade lows on that front, you re not seeing the traditional recessionary dynamics in this labor market whe ....
democrats will support. shannon: we ll speak with senator graham about the blowback from his big gamble. the american people won and special interests lost. shannon: the white house takes an ill-timed victory lap on inflation. and the president helps close a deal to keep trains on the tracks, but faces questions about what each side is getting. we ll ask white house advisor jared bernstein. then democratic governor blasts gop governors for sending migrants to democracies. what ron desantis is doing is a disgrace. it shows you their virtue signaling is a fraud. shannon: one governor s charge that this could be kidnapping. high stakes races in virginia and possibly pennsylvania. all right now on fox news sunday with shannon bream hello from fox news in washington. we are 50 days out from mid terms. headlines on huge issues like immigration, inflation and abortion are change diet ma am is. this week the president made his case that s inflation will soon ease. and v ....
special master raymond dearie thought the trump lawyers could do in a day, last week, they still have not done. judge dearie s order says, in light of delays in retaining a vendor to digitize the seized materials, plaintive trump deadline for submitting a declaration affidavit in response to the governments revised inventory is extended to october 7th, 2022. that appears to mean that the trump lawyers incompetence in trying to hire a company that would digitize and organize the 11,000 documents seized by the fbi has brought them, bought them in effect, one week extension or so, of the deadline when the trump lawyers will then have to respond to the justice department s filing and updated inventory of what was seized. but it is actually worse than that. worse than just lawyer incompetence. what judge dearie s order did not review about the delay in hiring evander, was revealed tonight in a late filing in the case by the justice department, which says, quote, plaintive tr ....
including a live report from moscow and the littest from the white house. plus we re digging into the september jobs reports, which shows 263,000 new jobs added last month. matching the lowest level since 1969. so why is the the market selling off? finally, the white house raises the white flag on the war on weed. the president declaring a pardons for thousands convicted on federal charges of marijuana possession. more on the move and what will factor into the midterm races. we start with president biden s warning, one of the most chilling we have heard from anyone in the government on the subject of nuclear war. in biden s words, quote, we have not faced the prospect of armageddon since kennedy. he added putin isn t joke whg he talks about potential use of tactical nuclear weapons or biological or chemical weapons. it s not clear whether biden was referencing any new intelligence in making this prediction, although we re asking that of the white house right now. ....
a potential nuclear armageddon with russia. what his staff is saying this afternoon, as we take you live to the white house and to moss couple of i m hallie jackson in washington and with me now is nbc news correspondent josh lederman traveling with the president in hagerstown, maryland. tom costello and global markets reporter with us, too. we saw the big board red, not green like we ve seen earlier this week. talk about why investors are so spooked here. hallie, a number of top advisers telling me interest rates are heading even higher and wall street wanted to seat job wanting to see the job market start to cool and average hourly earnings increasing, and the chair fed has reiterated in the past in order to get inflation down, the job market needs to cool and until it does, interest rates will head even higher a rising rate environment has been challenging for the stock market. that is why the dow is down over 600 points right now. and for companies that increase ....