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CNN 5 Things

12 PM ET: Gangbusters jobs report, Trump ballot case prep, NYC migrant arrests & more

CNN 5 Things

CNN

News, Daily News

3.71.3K Ratings

🗓️ 2 February 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

A lot more jobs were added in January than economists expected. Lawyers in the Trump ballot case are training for next week's Supreme Court arguments. An Iran-backed proxy group in Iraq is promising attacks against US forces will continue. Arrests were made after two NYPD officers were attacked outside a migrant shelter. Plus, California braces for another major storm threatening heavy rainfall this weekend, while the Northeast experiences an abnormal winter so far. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Like some kind of Pizza Ninja, Domino's are slicing their prices.

0:05.0

Domino's price slice.

0:07.0

Small pizzas now 8 quid, medium now 10 quid, and large now 12 quid.

0:12.0

Yet we're making cuts too.

0:14.0

In 11th of February 24, minimum delivery spend, charges and areas may apply.

0:18.0

To and see, see Domino's.

0:20.0

UK. Hey there, from CNN, I'm Chris de Boau with the five things you need to know for Friday, February 2nd.

0:27.0

The economy kicked off 2024 with a bang.

0:30.0

Today's labor report shows more than 350,000 jobs were added in January, which is a lot more than economists had predicted.

0:37.0

And the unemployment rate held study at 3.7%, marking two full years of it staying below 4%.

0:43.0

While that shows the economy is holding strong on that front,

0:46.0

Wall Street may have to wait a little longer for the Fed to cut interest rates.

0:49.0

Earlier this week, the Central Bank announced that it would keep rates at their highest level in 23 years,

0:54.6

as inflation slowly moves towards the bank's 2% target, and Fed Chair Jerome Powell said a rate

0:59.6

cut wasn't going to happen next month.

1:01.5

We're encouraged by the progress, but we're not declaring

1:04.2

victory at all at this point.

1:05.4

We think we have a waste to go.

1:07.8

The Supreme Court is set to hear arguments next week

1:10.0

that could have a huge impact on the 2024 race.

1:13.1

Colorado and Maine have determined that the 14th Amendment's insurrectionist

1:16.7

ban applies to former President Donald Trump for his actions leading up to January 6th.

...

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