Both companies app stores. We will get into that. Check this one out. Joe biden calling for a nationwide mask mandate for all americans for three months, even if you are alone in the park. Then he takes no questions after announcing that plan. We will get into all of it for you and it is time for friday feedback which you still have time to send in your responses. Email us, varneyviewe varneyviewers foxbusiness. Com. We may read your email if you send it in now. An epic three hours ahead. David asman in for stuart varney. Varney company about to begin. David lets get a check of the markets and as you can see, the futures are down on the s p and the dow jones but up again on nasdaq. Meanwhile, its been 100 days since that march 23rd bear market low. Come in, ashley webster. Ash, we have seen a historic market reaction, a bounceback, right . Since hitting the lows on march 23rd . Ashley absolutely. Good morning to you. Since hitting those lows back in march, hundred day stretch going all
Unemployment rate over 10 , and that is nothing like what we see this morning. The mystery of what we see with this is absolutely extraordinary. Weve got the voices lined up to talk about it. The market standpoint, economic standpoint. What is missing, maybe we will get that from mr. Kudlow later, what is the view of washington on the American Labor economy . Jonathan and will the view change with jobs numbers falling apart . I never thought i would sit here and say it could be positive one million, could be one million. Quite simply, no one knows million. Negative one quite simply, nobody knows. Tom Bernie Sanders of vermont talking about the inequalities out there. This jobs report will show the start discerns between the stark difference between the haves and havenots. Lisa that has really been the hallmark of the crisis that has ensued. Theres a question of looking at the granular month we data, and the belief that looking at some of the corporate reports and the earnings that thin
Time for Global Exchange and bring you todays market moving news from around the world from hong kong to frankfurt to london to new york and washington. Our bloomberg voices are on the ground with this mornings top stories. Were going to start with the latest in asia. Trade uncertainty appeared to take its toll on china. The countrys economy losing more steam in october, factory input and fixed asset sales missing estimates and joining me from hong kong is bloombergs chief asian economics correspondent. Give me the rundown of the data weve got. It was a mix across the board with a slump in investment and industrial output miss expectations and on the retail spending part of things we saw the weakness go from auto and turnt and cuggetting the consumer is starting to book now none the pressure of trade war and slowing economy. There were two big takeaways from economists and onen one hand the numbers suggest were probably looking at 6 growth in this Current Quarter and probably shows the
Company and address investor concerns. The stock is down 30 since is ipo. And stake out digital ad fallout after democratic president ial candidate Elizabeth Warren posted a deliberately false ad on facebook. More on social medias role in separating fact from fiction. But first, to our top story. Wework is considering handing over control to softbank. Bloomberg has learned that the Japanese Investment bank is convinced they can turn around the once highflying startup. Wework is also weighing 5 billion Debt Financing led by jp morgan. To discuss, i am joined by my guests, ellen huet and michelle davis, and, ellen, let me start with you. I want to separate the different deals. First, softbank taking control. What can softbank do that the other coceos cannot do . Ellen this discussion going on between wework and softbank, it is, look, the outlook is not good. We like that you have two new coceos we are interested in , but doing more. And if they did take a larger stake in the Company Mayb
Launches lofty goals to combat climate change. We will have details. Last, a new york based Cloud Software company data dog sees a pop in shares after the company goes public. We will hear from the ceo. First, huawei launching its first highend smart phone since the Trump Administrations blacklisting. On thursday, the Telecom Giant announced its pro fund. Its pro phones. They pack a punch, including 5g capabilities, but all eyes are on that software and those huawei phones are running a free and open source version of googles android operating system because the u. S. Blacklist prohibits them from getting the official version from google. That means no Google Play App store to get programs like google maps. To tell us more, bloombergs Consumer Tech reporter, mark gurman. Talk to me about 5g. Huge deal . Mark 5g is going to be a massive deal at the end of next year in the u. S. Around the time the next iphone is going to have it. Right now, youre seeing more and more 5g Networks Coming