Tuesday, November 19, 2024
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Author Archives: Stonecom Interactive

U.S. GDP reaches pre-pandemic levels as initial jobless claims fall

The Labor Department says 400,000 Americans filed first-time unemployment claims last week, down 24,000 from the previous week. And the Commerce Department reports the nation’s gross domestic product has reached pre-pandemic levels. Michelle Meyer, head U.S. economist for Bank of America Securities, joins CBSN to discuss the U.S. economic recovery. Source

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California’s electric-car goal comes with potential environmental risks

California is already home to the nation’s largest fleet of electric vehicles, and it’s signaled its intention to put more of those cars on the road with a goal to go all-electric by 2035. A Los Angeles Times series called “The United States of California” digs deeper into the potential environmental risks. National reporter Evan Halper joined CBSN to discuss. Source

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WorldView: Report shows China may be expanding nuclear capabilities; Ecuador revokes Julian Assange’s citizenship

A new report by the Federation of American Scientists shows China may be building a second field of missile silos in its western deserts, signaling a potential expansion of its nuclear capabilities. Meanwhile, an Ecuadorian court revoked the citizenship of WikiLeaks founder Julian Assange. CBS News foreign correspondent Ian Lee joined “CBSN AM” from London to discuss those stories and more international headlines. Source

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White House economic adviser discusses bipartisan infrastructure deal and economic growth

President Biden is touting the bipartisan infrastructure deal being advanced by the Senate as an indicator America can “do big things.” Senators voted to begin debating the $1 trillion spending package after months of negotiations. Jared Bernstein, who is on the White House Council of Economic Advisers, joined CBSN to discuss what this means for Mr. Biden’s agenda and the country, and he also discussed the latest GDP report. Source

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