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CNN 5 Things

12 PM ET: Pre-election jobs report, teen Halloween shooter, IV fluids shortage & more

CNN 5 Things

CNN

News, Daily News

3.71.3K Ratings

🗓️ 1 November 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

With the election looming, the US economy added far fewer jobs in October. Police in Orlando say a 17-year-old shooter opened fire at two Halloween gatherings. A crucial manufacturer of IV fluids has resumed operations, but supply shortages across the country could last a few more weeks. Crew and passengers on a United Airlines flight had to stop what documents describe as an unprovoked attack on a sleeping passenger. Plus, Wendy’s is closing stores in underperforming areas. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Hi, from CNN. This is Madeline Thompson, with five things you need to know for Friday, November 1st.

0:07.8

The latest jobs report paints a bit of a murky picture before the election. The U.S. economy

0:14.1

added 12,000 jobs in October far less than recent levels, though that number will likely be revised.

0:21.4

But this was expected because of two major hurricanes

0:24.1

and a large number of striking workers having a negative impact on the data,

0:28.8

with the unemployment level holding steady at 4.1%.

0:32.0

While the economy remains the top issue for the majority of voters,

0:36.6

Republicans could seize on the low headline number.

0:39.7

But as CNN's Matt Egan says, former President Donald Trump's stock market record has now been

0:45.2

surpassed by President Joe Biden's.

0:47.7

Trump was enjoying the second best market performance that any president has had in modern history.

0:54.0

But what ended up happening was the Biden market has actually... market performance that any president has had in modern history.

1:00.9

But what ended up happening was the Biden market has actually surpassed the Trump stock market. Under Biden, the S&P 500 has enjoyed compound annual growth of about 14% since election debt.

1:09.8

That is the second best that any president has had since

1:14.1

at 1945. That's according to the CFRA research. Officials say two people were killed and

1:22.9

six others injured after a teenager opened fire on crowds celebrating Halloween in downtown Orlando.

1:29.3

Police say the 17-year-old alleged shooter fired shots at one gathering before running away with the crowd.

1:36.3

He then opened fire again at a second location before being taken down and arrested by officers moments later.

1:42.3

The city's police chief says about a hundred officers were working in the area, but that didn't seem to put off the shooter.

1:48.0

He walked by at least 10 officers, walked directly by them, kept moving past the officers.

1:53.0

So he knew what he was going to do, what he thought in his mind was going to do.

1:56.0

He says measures to screen people for weapons during the celebration were not possible this year, because of a

...

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