u. s. economy, there's been a search in new jobs despite the looming risk of a recession. the u. s. labor department says employers hired more than half a 1000000 people last month, causing unemployment to fall to it's the lowest rate since 1969. that's despite the federal reserve raising interest rates in an effort to curve inflation, present job wagons by them. welcome to new saying, it shows the strength of the u. s. economy. we have created more jobs in 2 years than any presidential term, any time. and 2 years, that's the strongest 2 years of job growth in history, by a long shot. as my dad used to say, jobs about a lot more in the paycheck. despite dignity and 12000000 more americans get up every morning knowing they can provide for the families with the dignity and sense of self worth that had nursing. how did your castro as more now from washington dc? this is more than double what wall street had been expecting. $517000.00 new jobs created just last month alone. and as well as this falling unemployment rate. now it's at 3.4 per cent, which is indeed a 50 year low for the u

u. s. economy. and then he was talking there at almost an in great detail. but of course this is coming at a time of rising prices, uncertainty as well. for many americans, can we talk a little bit about the economic health of the country though at the moment and, and what, what is being thought about that at the moment in the us? sure. biden's as th, so was indeed clearly focused on the economy. here in the united states. biting was addressing specially the blue collar workers and his peach by saying made in america, america 1st. that was almost his message. and he said that he created 12 millions 1000000 new jobs into years, more than any other president in 4 years. and that is indeed true by raw numbers, but a by percentage of the job growth in president biden's 1st 2 years is still behind that of his predecessors in their full terms, but also stress, the dignity of work saying a job is about way more than just a paycheck, he said it's about respect about value in society. so despite his positive figures and the latest polls, as you just mentioned, are sh

u. s. economy to grow by 1.4 percent this year. it's expecting a similar level of growth in brazil as well. it's also predicting increase g d p across the country is that used the euro among the major economies, there's just one outlier. the u. k is on course to see its economy shrink. british families will have to wait for really but the i m f says the world is benefiting from the return of china to the global stage with all the indications or that we are witnessing a rapid reopening of the economy. and so here, when we think about the re opening of the chinese economy, it's going to have an impact on the supply side. because we can anticipate once the economy fully reopened, we have less a supply chain disruptions that we have witnessed in 2022 on our log downs and, and can finance. so we're going to get an expansion in production coming from that side. china reopening to the world has come as an unexpected boost. but the i m. f . 's forecasts rely on no more unpleasant surprises. but as you just heard, the better news does not e

u. s. economy was the feeling. now whether or not this state is going to go into recession this year. i would say rob the jury is still out there. i mean, the federal reserve itself. it's saying that it sees the path for inflation to come down further without threatening the economy to go into a recession. but we have to wait and see if that's really going to be true or not. i mean, almost on a daily basis, you'll see reports of more layoffs here in the united states. a power on wednesday was saying that for him, the labor market is still too hot. so obviously, the federal reserve will increase rates higher to even soft the labor market. more and that in turn could still theoretically lead the country in the recession, even if that's not the intent of any body inside. so a bottom line, i would say the jury is out there. if we will see a recession further down the line or not. okay, yeah, it's always a pleasure, yann's culture in new york for us. thank you. now where the fed goes other central banks usually follow. many of them are facing the same challenge that bringing down to inflat

u. s. economy. sales jumping 3 percent from december as auto dealers, department stores and restaurants all recorded strong turnover. it's the largest month to month game for us retail since 2021. and is expected to add to pressure on the u. s. federal reserve to continue raising interest rates as it fights inflation over dns quarter in new york for more now years. correct me if i'm wrong, but i thought the point of all these interest rate hikes we've seen was to dampen demand. what's going on here? where else even, but the timing is sir king. right. i mean the problem is sir, was though the interest rate increases its had a lagging effect to take some time so that those higher interest rates work through the economy. i mean, we also see that was the labor markets. i mean, the interest rate increases were supposed to cool down the labor market. but the last reading that we got was actually the best since may of 1960 in hopkins. so obviously that hasn't done the trick quite yet, but it's definitely i

u. s. could damage its own economy by reducing investment in china's technologies. think it's very clear why the u. s. has made this decision, i mean, we even saw it from the house financial committee last week where they said that china is not the partner they use the was not a partner, and they say that china is an adversary. they see chinese, an enemy. and the way, you know, we just have to look in the history of the united states and how they have grown economies in the past. the usual way of doing it is the largest economy in the united states. unfortunately, still it is, they try and break it by breaks and the, the ability for them to trade economically and also to try with their other partners. you will see a massive decline in the u. s. g d, p in the u. s. economy as a whole, and it may be left with this box. you get the big multinational corporate that don't pay any tax which will hit the bottom line on the united states service b i r s that will not be able to collect as much money as it's collecting right now, which will just completely and utterly cause t

u. s economy added a surprisingly high number of jobs last month showing the labor market is still goingh comes despite the federal reserve's aggressive rate hikes to help cool the economy. madeline rivera reports from washington. the state of our economy is strong, kicked off with a bang in january, the u. s economy added a whopping 517,000 jobs last month, more than double than what economic experts have predicted job growth was widespread , professional and business services and healthcare, among other industries. unemployment also dropped to 3.4% the lowest it's been since 1969 boosting optimism that they were so russian, maybe avoidable. well, we may face setbacks along the way. there will be some there's more work to do is clear. our plan is working because of the grit and resolve of the american worker. while the job market remains hot, some sectors like housing are showing signs of slowing down. more people are also reining in their spending. there is a disconnect here, and maybe it's the labor market shifting post pandemic. but it's yeah, but these data points you know, this lab

u. s. economy. americans are feeling the pain. and congress seems intent only on adding to that pain by shoveling more money out the door as fast as they can. it's high time to stop sending any more money. don't send another penny to ukraine and to start auditing where the money went. we're funding ukraine's budget with it, with trauma, $11800000000.00 is going to assistance, including for direct budget support. the question is, does ukraine now the 51st state of the united states of america? and what position does the lensky have in our government? this is outrageous, and the american people deserve answers. in january, the by the administration announced it was planning to increase aid to ukraine. there's been announcements that there will be $31.00 abrams and one tanks sent to ukraine. and on top of that, a new report from the u. s. department of defense indic rates that another $2000000000.00 may be headed to key of soon years. what's been reported. the department of defense announces a significant new package show security as

u. s. economy. and by extension, the global economy, north korea says military drill was by the us and its allies have reached what it calls an extreme red line and threatened to turn the peninsula into a critical was own. the statement follows a visit to south korea by the us defense secretary, lloyd austin. he found to deploy more military equipment and expand exercises. the 2 countries use b one bombers and if $20.00 to $5.00 digits during a drill on wednesday. a still ahead on al jazeera, i couldn't believe it. i didn't want to believe it. we speak with every day ukrainians about their families dying for their country and concerns. it will only get tougher for daily wage work as an india, as the economy slows down. ah hello, we got some very nasty weather making its way across the deep south of the u. s. a big bank of cloud anywhere from around texas over towards the yet mid atlantic stacy this weather system. i will continue to just ease its way further east with heavy down pause there, sliding

u. s. economy. by exploiting other is president mentioned that these actions i follow up to the colonial tradition to leave at the expense of fathers. mister minister, we have a lot of questions. let us speed up thought yours. you mean, the thing is that i am, the topic is quite vast. turning of ukraine into an anti russia. it turned out to be a successful project and to allegedly their goals have been achieved. what of the countries could choose? this part, kooky is stun kazakhstan, shows those countries that neighbor, russia, that are neighboring, russia, or currently mold always being tested. first of all, because they have managed to deliver by was quite peculiar matters that on our diplomatic review and political they had to turn a president that 6 to be part of the e. u h is ready to she is ready to join. romania is ready to join the e. u and virtually everything. shares these pro, nato pro e u zeal. at the same time, the west to an to kitchen now refused the work of the 5 less to for merge. t

u. s. economy is poor. what do you make of that divide there? well, we don't even have to just go to the polls. we can look to the actual numbers, and inflation is still significantly higher than well. joe biden took office, he can't blame it on. it's his policies that they started seeing a inflation spike before the invasion of ukraine, the gas prices. alternatively, over the last several weeks as claims are coming down, actually went up about $0.50 this week. they're still about an 80 or a buck 50 higher than they were when he took office and it's lower than the $5.00 a gallon that we had a just a few months ago. but he claimed when the prices went up, that he has nothing to do with that. but when they come down, he tries to claim credit board. and then when they go back up again, it's kinda like the balloon that was lying over the united states, up and down, over, across, right. and tries to completely distract from what's actually going on. i think the american people are seeing through it when they go to the grocery store, things costs more

u. s economy is expected to be the main focus. abc s faith boothbay is on capitol hill with a preview faith. good morning. a good morning to you, andrew. tonight the president will lay out his argument for why the economy is on the right track. you argue inflation is headed down and the infrastructure build that he signed his only just now beginning to create jobs. but he's got a tough sell, because our new abc news washington post poll shows that americans by and large, do not approve of how he's handled the economy so far. meanwhile house speaker kevin mccarthy, who will sit behind president biden during tonight's address, remains at odds with the president over rais the debt ceiling. mccarthy is demanding biting cut back on federal spending. the white house has suggested that spending cuts or nonstarter well, mccarthy says there is an urgent need for negotiations on this matter. they took our nation's credit card spent like crazy. and left us in deep debt. but not once did they seek or accept any responsibility. instead, they d

u. s. economy. and by extension, the global economy, north korea says military trail is by the us and to tell us have reached what it calls an extreme red line and through the tend to peninsula, into a critical was on the statement follows the visit to south korea by the us defense secretary lloyd austin, he bound to deploy more military equipment and expand exercises. the 2 countries use b one bonus and if $20.00 to $5.00 digits during a drill on wednesday. nearly half a 1000000 people in england and wales walked off the job on wednesday and the biggest strike and more than a decade, most of them were teachers are pushing for a pay rise in line with double digit inflation, like many other sectors. but as the team, bob reports the government standing firm, despite the growing industrial unrest oh, smiling through the colds. but normally, tamara and her colleagues at this school for people with special needs would be in sight. dave, they want to pay royce that meets the rising cost of living and trea

u. s economy despite talk about a potential recession, companies are actually posting more jobs than expected. meanwhile the federal reserve is raising interest rates again while proving dividing new insight into the pace of inflation. maybe see saikrajang. she is here with more good morning to you, like good morning faith for the eighth time in a row, the federal reserve has decided to raise interest rates decision they say, will keep happening. in order to tame inflation. this morning, the federal reserve, raising its short term borrowing rate by another quarter point, the latest in a string of borrowing cost increases aimed at slowing the economy and easing inflation move that risks tipping the economy into a recession. the fed's decision comes just a week after a government report showed inflation slowing down in december. marking six months of smaller price increases, falling inflation. that's a good thing before the fed prices rose 6.5% over the year long period ending in december, a significant slowdown from a summer peak. recent developments are encouraging. we will need substantially

u. s. economy. and by extension, the global economy. nearly half a 1000000 people in england, wales walked off the job on wednesday and the biggest strike in more than a decade, most of them were teachers and pushing for a pay rise in line with double digit inflation, like many other sectors. and as nadine by the reports, the government is standing fan despite the growing industrial r at unrest. oh, smiling through the colds. but normally tamara and her colleagues at this school for pupils with special needs would be inside. oh dave, they want to pay right. that meets the rising cost of living and keeps people in the profession. i've had to make the sacrifices, i've actually watch t jobs and for 5 years now. to be able to get to be keep every face in my head. i'm to be able put fuel in my car, says i can actually get to work even friends of mine. he have been teaches 43 years excited that it's just not for them because they genuine. he cannot bear the stress and be the isolate and or, and the what p

u. s. economy shows some promising signs, joe biden, and state of the union address. 7 buried with owner after death in exile form focused on prime minister. as much sheriff receives a military funeral. ah hello there. let's have a look at the weather across europe and from the satellite image. things look rather unsettled, but there are still settled areas to be found, particularly across that central zone. we got high pressure in charge, keeping things cold, but still relatively dry. and we will see more in the way of sunshine once the fog and frost issues have been resolved in places like germany, as well as poland. but the stormy weather continues to plague, the mediterranean, as one system moves away from the se. so bringing a wintry mix to, to a kia, we are going to see things develop across the italian islands pushing their way into spain and portugal, but there will be more settled conditions coming at the end of the week. we seen some settled conditions with more mild weather across more s

u. s. economy, right, the us is a country which is know in the europe where all of these european nations now kind of being cajoled to buy from them at a premium price. it only really has the consumer in the west and it benefits us, us oil and commodities. businesses are taking tribute or chris, i'm thank you, chris and still staying on europe. the latest round of sanctions has him bypassed a chance to sanction media freedom as well with brussels restrictions. now having forced our outward to seize the work of its production office in germany. however, our t, german language channel will continue to operate and broadcast internationally from its headquarters and moscow in this statement, our t b says the move came as a result of the betrayal of fundamental rights and freedoms by the european union. and the german governments are tv productions regretfully announces the decision to cease the company's journalistic activities in germany. archie de productions has faced immense pressure from governmen

u. s. economy in what he would say is his role in that i think that's going to be a big part of the speech. i think he's also trying to show to the american people that he deserves. the 2nd term i expect him to run. i think he's going to talk about 12000000 jobs that have been created in 2 years, which is a record. ah, he's going to talk about 3.4 percent unemployment, the lowest rate in 54 years. he's going to talk about a 100000 manufacturing jobs. something that the last administration promised would happen. but he brought manufacturing back to the united states, were inflation is cooling, we're seeing the resilience of the american economy. and he is going to tout some of his accomplishments, including dropping our gas prices, dropping health care prices. i expect that he's going to spend a lot of time talking about that and you know, some of the things that he's done abroad is, well, you know, and strengthening nato in defending democracy, both here and abroad. so i think he's got a lot of acc

u. s. foreign policy. the u. k. has sent the largest military aid package to ukraine, a pop 2nd to the u. s. an economy. there is no way near as big an economy that still reeling over the effects of brags that right. so the real issue there. and on top of that, we've looked even the new york times, hardly a friend of russia telling us that the russian economy is going to recover on import an export to the same level as before, the special military operation. so really, these, these numbers speak for themselves, but i think we can say it any clearer. the sanctions have completely and utterly failed when. meanwhile, moscow has been hosting the african way investment conference by various interpreters and officials from the continents our discussions. so that they're talking amid discussions on how to increase economic cooperation between the countries. the democratic republic of congo and buffet of russia told us that the continent has a lot to learn about russia the most do they are taking care of the interests of my country. i will say that the congress see only the military power of russia. so far, rus

u. s. foreign policy, u. k has sent the largest military aid package to ukraine, a pop 2nd to the u. s. an economy. there is no way near as big an economy that still reeling over the effects of brakes. it, right, so the real issue there. and on top of that, we've looked even the new york times, hardly a friend of russia telling us that the russian economy is going to recover on import an export to the same level as before, the special military operation. so really, these, these numbers speak for themselves, but i think we can say it any clearer. the sanctions have completely and utterly failed. and age and economies have been on the rise as well. the latest data shows that india and china are doing far better compared to their western counterparts and is economic growth this year. is that an estimated 7 percent the highest among all major economies in the finance minister has praise the economic performance of the country during the 2023 indian budget announcement at the ministry of finance in new delhi. i don't yos, economic growth is estimated to be at 70 percent. it is notable that this is the h

u. s. foreign policy. u. k, has sent the largest military aid package, the ukraine, a pop 2nd to the u. s. an economy. there is no way near as big an economy that still reeling over the effects of brakes. it, right, so the real issue there. and on top of that, we've looked even the new york times, hardly a friend of russia telling us that the russian economy is going to recover on import an export. so the same level as before, the special military operation. so really, these, these numbers speak for themselves, but i think we can say it any clearer. the sanctions have completely and utterly failed. wrapping up his trip to the west by the us secretary of state has reaffirm washington's commitment to a 2 state solution to the palestine is really conflict. anthony blank and also emphasized washington's iron clod support for israel security. those remarks made in jerusalem sparked under the claims of america's pro, is really biased. a statement by the palestinian president also claim, quote, atrocities carried out by the i. d. f are being overlooked. yes, the, this gum swell is really is being overlooked.

u. s. foreign policy, u. k, has sent the largest military aid package to ukraine upon 2nd to the u. s. an economy. there is no way there is big an economy that still reeling over the effects of brakes. it. right, so the real issue there. and on top of that, we've looked even the new york times, hardly a friend of russia telling us that the russian economy is going to recover on import an export to the same level as before, the special military operation. so really these, these numbers speak for themselves, but i think we can say it any clearer. the sanctions have completely and utterly failed. now returning to a largely forgotten chapter in the west of the boston war, next couple of the thousands of serbs executed and killed by johanna the gruesome story from the midnight conflict. as we told right ahead, stay with us the who who. ready ready ready ready ready ready i never had a log in to live without the other. i may not have to be screwed up or a bug in the clinic. i to the ela, a border. okay, but i was tell the boy a lesson for ma'am, a little boy gardener. oh, really for his machine or not,

u. s. foreign policy, u. k, has sent the largest military aid package to ukraine, a pop 2nd to the u. s. an economy. there is no way near as big an economy that still reeling over the effects of reg.

u. s economy in coming months makes it difficult for government officials to predict the exact date whenuld begin to default on many debt payments. we are tracking. that forecast includes a cool overnight again and then down the road forecast the long range forecast. we've got some rain to talk about lead back here with that. let's go to ktvu is alex savage. now with a look at some of the stories we are working on for the seven o'clock news and ktvu, plus, thank you coming up tonight at seven. we continue our coverage on the big news in oakland today. mayor sheng towers decision to fire police chief laurent armstrong. at seven. we will talk live with former city council member lawrence taylor, who weighs in on this move, and what comes next for the city and the department plus new developments on the future of the oakland a's what major league baseball's commissioner is saying tonight we'll have those stories and a lot more coming up tonight. live at seven over on ktvu plus. alright alex. we'll see you then. but first year after the break more questions over the safety of the nation's av

u. s economy in coming months, makes it difficult for government officials to predict the exact date whenhe treasury could begin to do. default on many debt payments nearly two weeks after the derailment of a train carrying toxic chemicals in ohio, many people who live in the small town where the accident happened. say they're afraid to return. the e p a has been removing contaminate water and soil from the area, the agency says. test results show the air is safe to breathe and the five wells that supply water to the town or not contaminated , the rail operator norfolk southern says it is creating a $1 million fund for the community. now this chemical spill took a severe toll on local aquatic life, and residents say they're worried about the future of their own health. we've been talking about moving somewhere different. because it's just i don't want to risk it. understand that. you know the trains need to keep going. it's part of our economy. but you know they didn't take human life into consideration. the ntsb did release new drone footage showing the massive derailment seen mechanical

u. s. economy. and by extension, the global economy, alan fisher, there are 20 radioactive caps you're missing in the australian outback has been recovered in a major search operation. the 8 millimeters by 6 millimeters capsule limits the how this isotope cesium 137, and was part of a gauge used in iron all mining. it fell off a trunk on our 1400 kilometers stretch of road in western australia last week. the mining company, rio tinto has apologized for losing the capsule as to the head. this is our massive announcement by one of the biggest storms of the us details on that shortly . ah ah, with with a whole ah ah ah. a green, huge comments on a 50000 year journey is about to make its closest approach to earth. perhaps for the last time. and last time it travelled past this planet was during the stone age for neanderthals room, the earth, the object has been lurking in the night sky for months and is expected to be the most visible to star gazes on wednesday. colon baker has more. there are billions

u. s economy added a whopping 517,000 jobs last month, more than double than what economic experts haverowth was widespread, with gains in leisure and hospitality , professional and business services and healthcare, among other industries. unemployment also dropped to 3.4% the lowest it's been since 1969 boosting optimism that they were so russian, maybe avoidable. well, we may face setbacks along the way and there will be some there's more work to do is clear. our plan is working because of the grit and resolve of the american worker. while the job market remains hot, some sectors like housing are showing signs of slowing down. more people are also reining in their spending. there is a disconnect here, and maybe it's the labor market shifting post pandemic. but it's yeah. these data points you know, this labor data does not coincide with what we're seeing everywhere else. the numbers could post a challenge for the federal reserve, which raised interest rates for the eighth time this week. the quarter point hike was its smallest so far, but the steady demand for workers could drive up w

u. s. economy, but also china in europe on the trade continues. so i think from, from that perspective, the global economic worries are really less than they were a year ago. but still, of course, if you know, everybody could very easily to resolve this terrible tragedy. tell everyone that sounds like should be preparing for it to continue for years to come. stefan will fair. a professor of international security and the investor banning and thank you for sharing your expertise with us. they are now to 0. 7, thanks for joining. thank you. so cilla has he here on out as eric, how china's ambitious space program is offering new opportunities to scientists and hong kong. and enforce a fast title of the end for the wowza number one tennis class action from the final of the cap that i've been coming ah, with hello parts of central and southern europe, seeing some very mild air at the moment. in fact, in germany and austria, some areas a recording that mildest february night on record the temperatures well about the seasonal average. there is some unset

u. s. climate legislation on tuesday meeting with treasury secretary janet yellen to discuss the inflation reduction act that law provides $370000000000.00 and incentives to companies located in the u. s. here's what german economy minister robert hobbin said to day standing next to him is french economy minister, bruno lemaire. and also the understanding is so that you meet the economic security that we have to overcome the dependency on raw materials, critical minerals, and also some green products. and therefore we have to create our own industrial standouts and serenity. so this is a mutual interest of europe and the u. s. and to make this mutual interest becoming a strong partnership, we need to solve some problems with milla has mentioned some concrete items. the idea behind it is that the strong green industrial market in the u. s. and a strong green industrial market in europe will help each other that we boot to green bridge over the atlantic and help each other. because the goal is the same. fighting global warming and creating a new industrial resilience and industrial independence in a way for a german economy minister, robert hubbard, they're speaking in washington. sh. over to wall street, travel d