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About something we are deeply fascinated about. American workers, global workers are fascinated about. Why we see unemployment reaching or touching lows, a full unemployment state, why are we not seeing wages growing faster . Traditionally if you have a compression, more demand for workers, we have millions of open jobs in america but we still see stagnant or slow wage growth. While we are exploring is this is not just an american phenomenon, its global. Places like japan and the u. K. Maybe how we can jump start the wage growth. It is difficult to pinpoint to civic reasons why its happening, but there are measures that can be taken to correct it. Carol they talk about things you cant rollback at this point. The role of maybe unions and all of this. Megan this is talked about quite a bit. Over the past three decades as we saw membership declining, and union rights stripped away that is not given workers and appropriate outlet invoice to push for the kind of wage increases. You talked a ....
With a potential warning despite all time highs bank stocks kick iing off earnis season this morning. Jpmorgan, citigroup, well fargo pnc all in the red as the rest of the market rallied to record highs. Next week, netflix, qualcomm, united health, johnson and johnen, just a that are reporting. Are the banks sending the rest of the market a warning and is this about to look like selling season zm guy . I dont think so yet. Jpmorgans quarter wasnt great, but it wasnt a disaster if youre bearish in jpmorgan, it gave you ammo the reason why in my opinion, it didnt rally and didnt solve that hard is pause all along, weve talked about the metric to lock out with the banks. To me, its priced a tangible boat jpmorgan, tangible book 53. 5 dollar, so its trading close to 1. 8 times tangible book, which is where we thought the banks would top out. Some other banks are not close citi being the biggest example, so, although jpmorgan was disappointing price action wise, i dont think youre going to ....
The program for your calls, your comments, your tweets. 202 7488001 is the number to call for republicans. Democrats. 000 for and independents and others, 202 7488002. We welcome your tweets. Ryan crockerh about the referendum election in turkey. Reporting on that in usa today, with the headline outcome of turkeys vote worries european leaders. More european leaders on monday question turkeys commitment to democratic principles and its western allies. The day after turks voted narrowly to grant sweeping new powers to its president. Angela merkel warned the president to respect the totes the turks that voted against the creation of a powerful presidency, fearing that he would take the secular nation down a path to authoritarian rule and sever security ties with europe. We will check those headlines as well and hear from you. In alexandria,. Go ahead. Open phones go ahead. Caller good morning. I wanted to ask the ambassador i am glad he is resting my main concern was, we created al russi ....
Brian november 30th. Tia meteorologist sam roberts will show you probably the radar is what shell show you, right, sam . Samantha you are correct. Its raining out there. Good morning to you. 6 01 now. Were at 61 degrees in cleveland. Yes, you are not in a sleepy fog. I did say 61 degrees out there. Isnt that crazy . Most of us, though, are in the still, not bad this time of year. Heres where the rain is. Southern summit county, wayne county and then down to the south. Also out to the East Trumbull and southern ashtabula counties now seeing a little bit of light rain. Most of this is not heavy and its not going to be very difficult to drive through. Of course, it is rain on the morning commute, so it might slow you down a little bit. This trend spreading farther north is probably going to continue through the morning. Right now doesnt mean you dont need the umbrella later today. Its 6 02 now. Heres what were looking at for the next ....
Tom keene in new york. There was a big surprise from the boe yesterday. Tom i have to tell you, and we will show charts, yields speak to the tensions out there into this mornings jobs report. Francine they certainly do. Then we will go to the boj. Lets go to the bloomberg first word news. More on todays jobs report. The government will issue another solid report later this morning. 180,000 increased by july with the Unemployment Rate falling to 4. 8 from 4. 9 in june. Fornumber of people higher permanent positions in the u. K. Slumped the most in seven years in july, according to a report improvementd the federation. They are calling it a dramatic freefall. The bank of england said the outlook good weekend markedly. In south africa, the chief whip of the Ruling African NationalCongress Said the party conceded ....