A railroad shutdown in Canada | August 23, 2024

[Music] hello and welcome to CNN 10 it's the best day of the week Fray hope you're all ready to finish the week strong take some good energy and great thoughts into the weekend we've got a great 10 minutes of news coming your way so buckle up and let's get to it we start today in Canada where the nation's two major Freight railroads have shut down locking out union members who run the trains and this could have a big impact on both the Canadian and US economies the two companies are called Canadian national and Canadian Pacific Kansas City Southern and they handle Goods that are transported in bulk across the US Canadian border many Industries rely on the smooth flow of goods across the border to keep things running efficiently if the shutdown drags on it could mess with several us Industries including agriculture auto manufacturing home building and energy for example some US Auto plants might have to pause production if they can't get parts made in Canada and US Farmers well they could face fertilizer shortages now this is the first time both major Canadian railroads have shut down at the same time due to a labor dispute though there have been strikes by the individual companies before unlike a strike where workers refuse to show up this time management has locked out nearly 9,000 union members also called Teamsters telling them they can't work the union says they've been trying to negotiate a fair contract but they feel the railroad company demands would cut into rest time therefore increasing safety risks the companies on the other hand blame the union for the stalemate and have called on the government to step in the US has urged the Canadian government to take action to step in and get the railroads running again 10 second trivia abbreviated zwl which country currency experienced hyperinflation in 2007 or inflation that happens at a very rapid rate New Zealand Zimbabwe Zambia or bise Zimbabwe is your answer here at the time the cost of a loaf of bread was up 100,000% inflation it's been a common subject at many dinner tables it's been one of the Hot Topics during this presidential election season the cost of goods has risen recently and one of the factors contributing to higher prices at times could be the practice of surge pricing surge pricing isn't A New Concept when lots of people want to buy roses on Valentine's Day prices go up during summer break airline tickets rental property rates go up and there's most certainly a surge pricing when Taylor Swift is selling out concerts but companies are now giving surge pricing a new name Dynamic pricing and they're backing the practice of raising prices due to demand with loads of data they collect from us plus from apps and membership accounts and on products you wouldn't normally expect to get more expensive in real time this is happening at grocery stores that have rolled out electronic shelf labels where the store can adjust prices instantly grocery chains say it saves employees some time and can lead to lower prices over time but some argue it opens the door to price gouging for maximum profits and as AI technology gets smarter companies are looking at new ways to track are buying history grocery store chain Kroger for example is set to work with Microsoft to put facial recognition cameras in those electronic shelf labels what say you is that a little creepy or simply almost predictably the future do you think customers will be cool with these changes at a time when grocery prices are already straining household budgets prices wages and jobs all go hand inand to keep the economy going our business correspondent Rael Solomon is going to give us a look now at new jobs data that could affect inflation and pricing if all the reports this year about the strong labor market left you feeling well skeptical new report suggest that maybe the labor market wasn't quite so hot after all in fact the US added 88,000 fewer jobs than previously expected that works out to about 68,000 fewer net jobs added per month since April of 2023 that's according to the latest revision from the Bureau of of Labor Statistics so this is a standard report they do it every year in fact this is only the first annual revision the final figure will come out in February of 2025 but if we look at sectors where fewer jobs were added the the greatest fewer jobs were added it looks like the biggest industries were Industries like professional and business services they added 358,000 fewer jobs than previously expected Leisure and Hospitality about 150,000 fewer and Manufacturing about 115,000 fewer so what does all of this mean well these are not job losses that's key these are fewer jobs being added but broadly it does mean that the labor market isn't as strong as previously expected but it also gives the Federal Reserve yet another sign that it may be time for a rate cut at their next meeting next month next in our CNN 10 Olympian series Team USA sensation Grant Holloway at the last summer olympics in Tokyo he missed out on the 110 hurdle gold medal by 51 hundreds of a second that's twice as fast as the blink of an eye but in the years since Grant worked his tail off he allowed that failure to refine him and a couple of weeks ago in Paris he finally claimed that Olympic gold that had eluded him I asked him about that his animal spirit and even got him to break dance check it out I was in that stadium and when that gun went off man you got out like out the gate how how hungry were you for that moment I was I was starving no pun in in it U but just to get out there and to replicate what I wanted to do for 3 years now you know I'm happy the career Grand Slam is finally complete and now that I I've done that now I can actually take some shots at the world record and everybody's been talking about it so you know the main goal this weekend was just to win you know nobody going to remember the time they're only going to remember the medal right so I just wanted to make sure I just go out there and do what I had to do man man I've got into chat with you before nice guy G Soul Gentle Spirit but the elite athletes have a switch take us inside the Min at Grand holay what flips that switch for you you know when you're out there in front of 80,000 fans why not put on a show you know people bought tickets in my mind to see me I was the main event people wanted to see what was going to happen at that night so I just wanted to just make sure I just went through and do all I had to do and you know the sky's a limit you know so you know I'm 26 years old I've done everything that that anybody ever wants to do with a sport and I think it's I think it's going to be remarkable these next couple Seasons just being able to run stress free absolutely all right what was your spirit animal be Simone bil told me when she's at the gym she'll be a honey badger but then at home she's a sloth um let's say when I'm on the track I'm a I'm a lion I'm a lion I got nothing but I got a heart of a lion and then when I'm at um I think when I'm at home I'm a beta fish okay I like the I like my old I like to be by myself and then when other people come my territory you know I got to go attack I got get them up out of there that's right all right when I talk to you in Atlanta you said if you won what would you GNA be doing you said I'm GNA be dancing today's the opening day of breaking the breaking competition oh come on what you got give us a oh hey shouts out to Victor get a gold get that man a gold [Applause] for today's story getting a 10 out of 10 we have a wave of pups putting on a show in Pacifica California the world dog surfing championships 12 miles Southwest of San Francisco thousands of people showing up to watch 20 different Barrel Riders from as far away as Japan cacao a chocolate lab well took home the top Surf Dog gold the fur babes were judged on length of ride technique confidence and size or strength of wave they wore life jackets some wore goggles and by the looks of these kisses the pups found it totally Pome dude our shout out today goes to seven legs High School in Katie Texas rise up we hope you and everyone watching around the world has a wonderful weekend it feels so good to be back learning something new with each of you this day remember you are more powerful than you know you never know when or how but you just may be the light someone needs so let that light shine I'm Coy wire it's been a blessing to spend this week with you [Music] [Applause] [Music] h [Music]