labor department delivers its non-farm payrolls report on friday which includes both public and private sector employment many economists expect that report to also show slowing jobs growth. our financial correspondent yes court that joins us now from wall street i go to syria and tell us more about how trade tensions led to the slowdown what kind of sectors are most affected. well we mostly saw actually smaller companies was less than 50 employees who saw the biggest cuts in employment in the past month of brick and mortar stores for example and they might suffer not so much because of trade tensions but because of competition from online retailers and overall yes this was the slowest job growth in the private sector in about 9 years but we also shouldn't forget that the deposit 9 years in that area a good 21000000 jobs got created and it was just a matter of time when job growth is slowing if this is a trend well we will get some more evidence on that on friday when the labor department will be out their monthly data so quite possibly in the bust after the boom but what will these poo

in a voicemail left on a labor department employee's phone, secretary solis stated, quote, hi, this is hilda solis calling. i'm just calling you off the record here. wanted to ask you if you could help us get folks organized to come to a fundraiser we're doing for organizing for america for obama campaign. end quote. mr. kerner, this seems like a textbook hatch act violation.

jobs growth slowed sharply in may and wages rose at a slower pace than anticipated the labor department reported that non-farm payrolls increased by $75000.00 jobs last month far lower than analysts expected economists have warned that the current trade disputes with china and mexico could further undermine the u.s. economy. joins us now from wall street now worse than expected jobs not typically a reason for a cheer on the markets but that seems to be the case this time why is that. you know all week long we had to pick up swing c.r. on a wall street and all week long we got weaker economic data especially from the labor market usually if you could say no news they're good news but this time it seems to be that bad news are good news because the weaker the economic growth the more likely the federal reserve is going to cut interest rates so the market for the week has been up by 4.7 percent and the dollar jones industrial average the best week for $29.00 maybe the upswing for the wrong reason because on the other side if we see a worse economic growth that can hardly be good news but w

and of course, john, the concern is what happens to those friday numbers across the labor department. that is sending yields lower. is the gamestop story that we talked about, concerns about retail related jobs and small businesses going forward, plus rising trade whatons, low inflation, does it mean for the fed's own calculations? with our own spoke mike mckee earlier. >> it would be prudent to take a look at our settings for monetary policy, as we do each and every time. as i said earlier, i am a little bit nervous about the low inflation rate. even though we expect it's kind of temporary, i think that that by itself could be the reason for more accommodation but we will have to see and look how things are evil think. jon: we are all going to have to wait and see how this plays out. the next fomc meeting begins june 18. the the bleak -- shery: bleak jobs report adds to the worries in chicago and entering day two of the event, our international economic and policy editor, michael mckee. mike? mike: thank you. the fed is conducting a monetary policy review in chicago, trying to figure

that caused some forecasters to lower their expectations for the labor department's report. watch this space. they expect the unemployment rate to ld hhold staeteady at 3. according to the labor department, there are more open jobs in america than there are people looking for jobs and that's been the case since february 2018. wage growth is expected to come in at 3.2%. that would be the 8th month above 3% pay growth and that would be a solid improvement. you want to see those paychecks getting a little bit richer. what's happening in the markets right now. i would call this small gains, some stability here in the markets after six weeks of lower progress for the dow futures. overall, world markets ended the week, asian markets mixed and london still open. those are gains there overall. opening bell rings in just over four hours. we'll have that really important jobs report to consider for the end of the weekday. >> 185,000 jobs expected, created, does that suggest businesses are not concerned about the tariffs with mexico. >> i think the tariff concerns are going to be a lag

the labor department reported that import prices dropped three-tenths of a percent last month, but wills along with the continuing trade tensions and a tame consumer price report last month be enough to convince the fed to reverse court and cut aggressively? joining me right now is the chief economist for jpmorgan chase, michael faroli. good to see you, michael. >> my pleasure. maria: let me get your take in terms of the broad economy, how do you see things? >> right. so right now there's a lot of cross-currents. we do think second quarter growth is a little softer than first quarter growth. the hard data looks okay, right? that alone wouldn't call for a rate cut, but there are some worrying clouds on the horizon. we have seen particularly business surveys that have softened some, so there is some concern that the trade tensions may be contributing to a little bit of caution on the part of businesses particularly with respect to capital spending. maria: mike, do you think we're going to see a china deal? >> i doubt it. [laughter] i mean, look, i think we're all guessing here, of course.

less and spending less time relaxing and socializing that's according to a study done by the labor department not getting enough sleep can lead to weight gain and added stress working moms also spent around 2 hours. each day caring for their kids 15 minutes more, then they did in 2017, working fathers on the other hand typically spent less than an hour and a half half on child care in 2018. bet with canadian prime minister justin trudeau the gifts >>happening this weekend pilots in aviation enthusiasts are getting together in a ore fly and yet takes place at the livermore municipal airport this up friday and saturday, it's open to the public to coffers ken wayne talk to the event organizer about what you can see and do. >>how many people are going to be there you have to be a pilot to go and what's going to be at that event in livermore. >>yes, so we're really looking forward to this friday and saturday june 2122. at the livermore municipal airport we're going to have pilots and aviation enthusiast a recreational fliers coming from all over. the southwest united states to join this event to 2

according to the labor department jobless claims increaseo by 10,000 a seasonally adjusted 227,000. claims are considered a proxy for layoffs across the country. despite the increase the number does remain near historic lows amid continuing hiring by ha businesses and low unemployment rape. >> meantiming home sales rebounded in may. the number of contracts signed to purchase previously owned homes increased by 1.1%, more than expected. pending home contracts are seen as a forward-looking indicator health of the housing market. they become sales one to two mont later. >> let's take a step back and look at what's happening in the economy and the markets now. growth, as we mentioned, is decent. unemployment historically low and stock are near record levels. yet investors have been pouring money io so-called defensive sectors like utilities, consumer staples and real estate investment trust. that happens when the market is down. it's something our next guest said hasn't happened in decades. jim paulson, chief strategist, joins us. thanks for joining us. what do you think the market is t

and the us labor department is likely to report factory orders that contracted by almost one percentagesurge the month before. joining us is sue noffke, uk equities fund manager at schroders. lovely to have you on the programme. let's talk about financial stocks, in particular tech stocks. the big faang stocks. talk us through why their share prices are falling. there are rumours, speculation that regulation is going to come their way in the us. there have been in the past incursions with the regulators in europe and they've been able to negotiate their way around that. but this is really the first time us regulation has come into focus, and it's about their market dominance and whether that's good for consumers or not. what may have investors worried is there is support on both sides of the house. this is pursued by both republicans and the democrats, which is quite unusual to have that degree of policy support. the question are will regulation impact their profitability, these companies are super profitable, super—sized. profitability, these companies are super profitable, super—sized

according to the labor department, there were about about 7.5 meaning that employers are still having a hard time finding the right workers. >> and that isspecially true in the wind power industry which is experiencing record growth right now. many businesses there are hanging out the help wanted sign and kateogers went to one of thos companies in shenandoah, pennsylvania. >> reporter: in 2018, jason was at a cross roads, after losing his home and landscaping business in youngstown, ohio. he decided to pursue a six month program for wind turbine technicians. >> i was real interested just in he small turbines at home, trying to build one myself. i decided that maybe i didn't know enough about it. maybe i should go to schoo for it. > reporter: that maybe turned into a career forhim, who's now a senior lead technician for a renewable company in shenandoah, pennsylvania, with 114,000 jobs supported by wind energy in 2018, from construction to manufacturing, the amecan wind energy association says workers like him will be in demand f years to come with projects under way nationwide. turbin

the difference setting the new cap, $35,000 senator brown in 19 democrats are now urging the labor departmento withdraw the proposed rule. >>brown is also pushing a bill to make the obama administration's $47,000 cap the law will keep trying. brown says he's working to score republican support. but says he knows it's a long shot in washington recall martin. is 6 a government watchdog group recommending removing kellyanne conway from the white house. >>the law it says she violated. >>plus they're fake but they look pretty real and experts say just about anyone can make them the action congress is taking on deep fake videos ahead of the elections and next a 6.33 dozen officers her when chaos erupts at a protest over a deadly shooting. and we've got a lot of fog now making its way along the hills and inside the bay. how might the bay. how might that affect your frid you know when you're at ross and suddenly realize great minds shop alike? yes. that's yes for less. yep! yes, yes, yes ,yes, yes... yes. seriously, 20 to 60 percent off department store prices every day. at ross. yes for less. termit

also happening on tuesday, the labor department is expected to report producer price is went up 0.1%is rebecca mcvittie, investment director at fidelity international nice to see and welcome to the programme. let's stay in the us and start with what we've heard from president trump and we've heard a lot that's been able to move markets recently, not least a trade war issues but talking about currencies. bring us up to date. you've seen the trade very weak recently, reaching six month lows, one of the things the president is commenting on is the president is commenting on is the role china plays in terms of currency the role china plays in terms of currency manipulation. that helps dry more competitive exports, one of the things trump is dry to target with tariffs and the more protectionist type policy he is looking to introduce. the chinese currency, this is all rolling into this big threat coming again from the white house, meet me in osaka, or you might be on the end of more tariffs. yes and i think what's interesting, in typical trump style there isn't an indication that meeting w

labor, h.h.s. and the state department. c-span two, the senate returns to vote on district court nominations in ohio, georgia.and on c-span3, the house oversight and reform committee considers whether to hold attorney general william barr and commerce inretary wilbur ross contempt of congress, for refusing to comply with congressional subpoenas on the 2020 census citizenship question. that gets underway at 10:00 a.m.. >> the house beginning work on fiscal year 2020 spending. we are joined by jennifer shutt the who covers appropriations fr cq roll call. in thetell us what is first package, and what is behind the democrats' strategy in approaching spending this way this year? jennifer: so, the package includes the department of labor, health and human services and education, the energy water spending bill and the state and operation spending bill, it's quite a bit of money, it was a little under $1 trillion and these bills would cover a variety of departments. the idea behind packaging these is that it does help to shorten up

>> the package includes the department of labor, health and human services and education, the energy water spending bill and the state and operation spending bill, it's quite a bit of money, it was a little under $1 trillion and these bills would cover a variety of departments. the idea behind packaging these is that it does help to shorten up time so you can move through the process faster. this could also help you with your vote counts so sometimes you can package spending bills that are a little less favorable , with spending bills that have more broad support making the package more likely to pass the floor vote . >> i want to ask you about a headline from one of your colleagues saying the legislative branch spending bill pulled amid the pay increase, this is not a surprising thing and it seems to happen every year, a dispute over pay raises for members of congress . >> so, ever since 2009, there's been a provision in one of the annual spending bills that says members of congress could not get what would be a typical cost of living adjustment. this isn't a pay raise because if co

employers added a mere 75,000 jobs last month but even these paltry gains were erased by the labor department'sownward revisions for april and march. the unemployment rate held at 3.6%, the lowest in 50 years. but workers don't appear to be leaving the sidelines like they were last year. the u.s. labor force has lost 580,000 workers since january, the first springtime decline in 2013. as we learned in the obama years, monetary policy alone can't overcome bad fiscal trade or regulatory policy. still ahead, former boston red sox star david ortiz is in stable condition after being shot in the dominican republic. what police are saying about the incident this morning. incident this morning. >>> former boston red sox slugger david ortiz is in stable condition this morning after being shot in the back at a club in santo domingo in the dominican republic. police say ortiz was approached by two assailants, one of whom is still at large and the bullet that hit ortiz in the back exited through his stomach. according to witnesses, only one shot was fired. a police press conference is expected later this m

the state labor department counts 800,000 tech jobs in the bay area. 127,000 more than the peek month of december 2000. the following year in 2001 tech jobs plunged 15%. the recession twice as bad. the tech sector is gaining stability. >> common sites across the bay area. today we maybe too comfortable with how often we're filmed, tracked and data. do we need robot regulation? >> this is really a sign of the times. >> it is. security especially security with artificial intelligence is big business in silicon valley. when they see us, what do they learn about us? can that information be used against us? the aclu wants to know. >> they patrol and they shoot video. when these security cameras see us, are they also making decisions about us? >> there could be a lot of bias in the decision. >> it's worried about artificial intelligence and how the data it collects could be used to profile us. >> from demographic information. race, sex, gender, age. to clothes and products. >> asking for new transparency rules so people better understand what's being collected on camera. that way they say o

the labor department revised march's job gains down to 153,000. april's job gains went down to 224,000. joining us now to take a closer look at this and the potential economic impact on tariffs on mexican goods, diane it. it's always good to see you here. >> it really underscores what we already knew is the economy was slowing but it's slowing more rapidly than we expected and much of that, some of it is cyclical and related to trade. manufacturing sector has been weak. there was a bit of an impact from floods in the midwest because some construction activity couldn't get up and running because of that. it really was some weakness that we saw there. there was also structural weakness. that moves from bricks to clicks. people not shopping in stores. all the retail closures as the online retailers take over. that was real problem as well too. worrisome is not just the report but the slow down in wages and the household survey that gets to that unemployment rate. that survey has shown much weaker job growth in recent months. we tend to revert back to

the labor department reported that import prices dropped three-tenths of a percent last month, but will tensions and a tame consumer price report last month be enough to convince the fed to reverse court and cut

that caused some forecasters to lower their expectations for the labor department's report. they also expect the unemployment rate to hold steady here at 3.6%. this is a generational allow. according to the bureau of labor statistics, there are more open jobs than people looking for jobs in america, and that's been the case since february 2018, a sign of just how tight that labor market. also wage growth expected to come in around 3.2%. if that happens, that would be the 8th month above 3% pay growth. that's an important number to watch. let's look at futures here. you've got slight gains. really i would call this an indecisive positive tone at the opening bell. in stock markets around the world, really kind of mixed. you had a little bit of a bounce here in london. we'll see if that follows through to the opening bell in the u.s. the opening bell opens in a little more than five hours. >> interesting, it feels like the economic story of the week is what the fed is prepared to do. it's prepared to backstop the president's policies. >> absolutely. and the president has been s

according to the labor department's annual time use survey, working women are more likely to do householdres than men and they spend twice as much time caring for children as men do. women are working harder, working longer, relaxing less, sleeping less, taking care of more stuff at home and doing more with their children. >> alternative headline, men are not stepping up to the plate. is that your take away here? >> i don't know. or we just have to be in charge of everything. >> can't argue with that. let us know what you think about that @earlystart on twitter. we continue right now. >>> i know joe biden. he is better than this. >> cory should apologize. there's not a racist bone in my body. >> biden faces backlash. the former vice president defending his work with segregationist senators. >>> long time trump aide hope hicks gives the silent treatment, but can she refuse to answer before a house committee. >>> breaking overnight, an iranian missile shoots down a u.s. drone in international air space. we go live to tehran. >>> a fight breaks out between parents at a little league baseball

the labor department reported that import prices dropped three-tenths of a percent last month, but will consumer price report last month be enough to convince the fed to reverse court and cut aggressively?

it is my honor to speak with you today on behalf of the secretary of labor, alexander acosta. the department of labor veterans employment and training service, or vets as many of us know is proud it partner with the number of agencies who have committed their time, resource, and expertise to the necessary goal of ending veteran homelessness in america. we respect and honor our many partners in this effort, and we sincerely thank the national coalition for homeless veterans for bringing us all here today. addressing veteran homelessness requires all of the resources that our programs bring to the table. it requires knowledge and action. it requires policy and practice. it requires strategy and speed. we must respond to the immediate needs of the veterans who answer the call of service, but doesn't know where to sleep tonight. we must support the veteran on the cusp of crisis. to keep them housed. and facilitate their pathway to economic self sufficiency. and we must, with vigilance, focus on the careers of current service members, as they transition into civilian life, so that our future vete

labor department did announced this morning that employers added just 75,000 jobs during the month of may. much less then what is expected. businesses may be coming more cautious, and the ongoing trade fights with china and mexico, that kept the unemployment rate at 3.6%. taking you to the opening bell earlier this morning, that is, revolve ring that bell this morning, celebrating the ipo, the retailer has not started trading yet, trading has been underway for the broader markets though. and so far, a great day for the dow jones, maybe some optimism that we will get some of the trade agreements set in place, the dow jones up 316 points. the nasdaq and the s&p 500, also up just about the same percentage wise this morning. >>> 17 automakers are asking the trump administration to resume talks with california in the dispute over mileage standards, the company sent a letter to president trump and to governor newsom yesterday, it says, failing to reach an agreement on a national mileage standard would create instability in the car market come the trump administration wants to roll back obam

maria: this friday we got unemployment number from labor department that is always important to watcht rate cut not this month but in september the earliest probably a negative number on the jobs' report would basically -- that is what you would need to see if you have a very, very good jobs' report say 200,000 or more unemployment rate falling expected to hold at 3.6% market might not like that because it would mean that fed rate cuts off the table at least until later in the year. dagen: i know upside down world good news is not kwood. >> i can't imagine fed would cut rate have to show a massive downturn to do that globally pmi worse than u.s. a lot worse that who is a federal reserve is in focus fed chairman jay powell sparked that rally in wall street saying central bank could take action if trade battle escalates. >> it is escalating we've got china u.s. digging in heels now we have incoherent around mexico. >> i think what is interesting right now really putting on forefront of voters' minds citizens connection between, threatened tariffs possibility of tariffs into kitchen tabl

the labor department says the economy grew bay just 75,000 jobs last month.was much weaker than expected and one of the two weakest months this year. the nation's unemployment rate held steady at mee stoshigher again yesterday. the dow rallied 181 points. nasdaq added 40. s&p 500 gained17. after the bell they had their first quarterly report. the company posted a $6.6 million loss, but predicted demand for the meatless meat will more than double this year. today marks the first ever world food safety day. the initiative was established by the u.n. for the importance of safe food. there are estimated 6 million cases of food-borne diseases every year. one in ten people get sick after eating contaminated food. >> one company will pay yeah to give up your smartphone. >> frontier communications will pay you $1,000 to give up this, your smartphone, for one week. they are looking for a mart phone addict and someone with a strong social media presence for the flip phone challenge. to apply go to frontier bundles.com. by july 1st, they will give them a flip phone, a p

the labor department says jobless claims rose by 10,000 to 227,000.n-employ in trade for for defense is 7%. global news, 24 hours a day, on air and on tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. david: thanks, mark. it's time for an exclusive interview. we go to the aspen ideas festival where our colleague erik schatzker is talking with david rubenstein. erik: thanks very much. great to be here in aspen. david r.: my pleasure. erik: he spoke at westminster college in missouri. in your remarks, you shared your concerns about the federal debt, the viability of social security, gun related deaths, obesity. i felt like i was watching a different david rubenstein. 69 are you beginning to speak out about these concerns of yours? david r.: that speech was the 50th anniversary of the turtle museum, and that is a site where winston churchill gave his famous iron curtain speech. country, is of the said we are not in a cold war, but we have problems. i laid out the problems. in my older age, maybe i'm trying to be

a labor department survey finds that working women put in longer hours on the job last year, more timeyear, and of course more time caring for their children. they also spent less time relaxing or socializing and less time sleeping. they gap between the average work day for women and men has fallen to the smallest on record but women still take up the bulk of the household chores. we talk about this kind of stuff on my podcast. you can download it on fox news podcast.com. i call this mom tasking, multitasking on crack. cheryl: i hear it's a very popular podcast. take a look at futures, we've got green arrows to show you, the day after the morning after, if you will. fed did not cut rates yesterday but will they in july? as you can see, futures are higher. well, people are saying at this point that the fed came very close to promising that rate cut on wednesday which signals we could get some in the future, maybe. why the markets get whack they wan-- get whack they getting whd be bad news for some americans. stranding vehicles and rising floodwaters, rescues are playing out overnight, h

according to the labor department, employers added 75,000 jobs last week.s expected 185,000. not even half that. the unemployment rate did hold steady at 3.6%. which is the lowest it's been in 50 years. the fox business network's gerri willis reporting live at the knock stock exchange. the bad jobs report makes the market go up. explain me. >> bat news is good news sometimes on ball street. as you know, shep. if you told me this morning that we would have 75,000 jobs reported the market would be on fire, i'd say you're crazy. here they are up 291 points. now traders are saying that the federal reserve will be forced to cut interest rates and some folks saying that will happen as soon as june. certainly july. we could get three rate cuts over the year. that's what they're saying. they could be wrong, could be right. optimism is high. that will make money cheaper for banks and people with credit cards and taking out mortgages. i want to show you just how bad this report was. in fact, revisions to march and april jobs numbers. march numbers came down 36,000. a

president obama had it in his labor department and what ivanka trump talks about all the time. >> areurrent program fail sng. >> no, they have not been implemented successfully. >> this is sort of what i will be on the debate. i want to talk about the difference of having great ideas and getting them done. >> what we have done in colorado is demonstrate that it is a good idea is a great thing but it does not count if you can't get it done. we have done it again and again aggressive things that washington still did not deliver. >> thank you, governor hickenlooper. he'll be on stage in miami on thursday. >> we'll talk to lawmakers who are hearing testimony on slavery from 2020 contender cory booker and patrick danny will have other voices. what they could look at. stay with us. h us here are even more reasons to join t-mobile. 1. do you like netflix? sure you do. that's why it's on us. 2. unlimited data. use as much as you want, when you want. 3. no surprises on your bill. taxes and fees included. still think you have a better deal? bring in your discount, and we'll match it. that's rig

the labor department when minimum wage was instituted 80 years ago discovered it hurt poor people pacificallywhich instituted that minimum wage. a study proved that low income people lost an average of about $124 a month after the minimum wage increase to help them. this is rich elected bureaucrats trying to feel good about playing around with other people's money. it's arbitrary. you can't hire someone for $15 an hour who only produces at seven. >> there's always a simple solution, let the market bear out. go somewhere else. >> the stupidest thing is to make it nationwide doesn't even make any sense. the cost of living is literally 150% different at birmingham, alabama and san francisco - what on earth will that mean? is a great slogan but terrible policy. david: as a former waiter your money isn't it's not minimum wage. aoc knows that by the way. forget meatless mondays but how about meatless everyday. new report saying we are headed in that direction. is this where everybody wants to go? >> yeah! david: debate is coming next. ♪ fisher investments tailors portfolios to your goals and needs.

labor department posting its monthly jobs report.ployers added 75,000 jobs during the month of may. much less than expected keeping the unemployment rate at 3.6%. we're going to be watching theye on it to refresh. it looks like that's going to send stocks down but we will have that opening bell in just about 45 minutes from now. >>> time is 5:44 east oakland recreation center getting a boost from the warriors and the nba commissioner. alyana gomez takes us inside. >> i grew up and i know how important that was to my growth as a person as a basketball player. >> nba defense iplayer of the year draymond green. encouraging them to use this revamp center to strengthen their body and mind. >> as you go use those tablets and computers you want to strengthen your find during those things but the fiscal activity is what also will make your mind sharper. >> you should strive to be the very best in the world at what you do and by having this facility by having these incredible people as role models that's what will enable you to do it. >> oakl

second of all, the deferment of labor was overly prescriptive in its approach -- the department of laborescriptive in its approach, requiring firms to pull back and take back a choice of product from clients that we didn't believe was in clients' best interest, and that the court saw as well. third, it added a private right of action that only congress can impose a private right of action, not a regulatory agency. we thought this was inappropriate because there already is a private right of action in terms of how a client can redress claims against brokers. this is the job of the securities exchange commission. they are doing this job. it implies against all retail accounts, not just iras. it is aprons will-based approach, but importantly very clear duties and obligations, including much of the same language that was in the apartment of labor rule. guy: do you think it is going to get past house democrats? do you think it is going to get past state regulators, even if it is passed today? kenneth: i hope that it does. based upon our interpretation of what was proposed, this is a very subs

the labor department announced this morning that employers added just 75,000 jobs during the month of. that was much less than expected. it does keep the unemployment rate at 3.6% and the markets are actually holding study on that news. barns and noble has reportedly reached a deal. minute has agreed to buy the book seller $683 million. barns and noble has been searching for a new owner after years of declining sales. also one of the largest book sellers in the u.k.. >>> the production company backed by former president barack obama and michelle obama. their company higher ground was formed last year to create content that entertains and inspires viewers. spotify says the multiyear agreement will cover podcast covering wide range topics around the world. obamas signed a deal with netflix last year. >>> bart is one step closer to opening its new silicone valley extension. the 21-year-long project. the 6-month long process will allow a one way ticket is expected to cost 775. bart says the extension should open by the end of next year. >>> tell me what you think about this. walmart wants