The rotation out of equities & Leff on travel
Passwords for 32 million Twitter accounts may have been hacked. And data show US jobless claims dropping, sending a positive labor market signal despite the latest weak monthly employment report. Ameera David has the details. Boom Bust’s Bianca Facchinei then reports on DC enacting a new $15-an-hour minimum wage, which is more than double what the federal government currently requires. Ameera talks to Milepoint.com founder Gary Leff about ongoing trends in travel and how they relate to the overall economy.
After the break, Ameera talks to veteran journalist Chris Hedges about wages, the election and his new show “On Contact”, which premieres at 5.30pm on Saturday. And in the Big Deal, Edward Harrison and Ameera discuss the US Treasury bond market after the Treasury issued $12 billion in 30-year bonds.
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