Marylands governor overruling Health Officials on keeping private schools. Public schools you can do what you want. When it comes to private enterprises or schools, that is a step too far according to the governor. Seattles police chief says the city needs to intervene when protests get out of control but the emphasis was on the city doing so, not federal operatives. Well get the latest on that. Meantime to chad pergram on the back and forth in those coronavirus stimulus talks. I guess the good news, chad, is that theyre talking, right . Reporter thats right. They continue to talk but there is a chasm of difference here between the sides. Theyre talking about unemployment insurance. Theyre talking about extra money for schools, how they reopen. Theyre talking about state and local government money. Theyre talking about money for the postal service. That is a big ask about it democrats. Senate minority leader, house speaker, they have been in the house talks more than a week. They met o
Hurricane isaias, the latest prediction from the National Hurricane center throughout this hour and also expected to hear from President Trump as he leaves for florida, that and much more coming up on making money. Blake just another friday in washington, we begin this afternoon with the stalemate, normally when a deadline reaches the final hours, thats when Congress Cuts a deal. But set aside goals of the trillion dollar plus package because congressional leaders in the white house right now cannot even come to terms on a shortterm extension for federal unappointed benefits. We begin with edward lawrence, he is the very latest from washington. Were supposed to be able to coast into the weekend on friday but not so now, stalemate, exactly what it is in the American People who are about to lose unappointed insurance and could be evicted, those folks are now caught in the middle, republicans even offering a oneweek extension of the 600 extra that the federal government is giving an evict
Today is bad blood between beijing and the white house showing no signs of letting up and bracing for impact this is Worldwide Exchange right here on cnbc well, good morning, good afternoon, good evening, where ever you are thank you for starting here with us on cnbc. Its going to be a big week. Maybe the busiest and most important week of the summer why do we say that here you go. This will easily be the most packed earnings week of the season 167 of the s p 500 will report including 12 dow components. Well get numbers out of apple, amazon, boeing, mcdonalds, 3m, exxon and many more. Also as soon as today, Senate Republicans should unveil their latest stimulus proposal. Timing all but assures congress will miss the deadline tomorrow kicks off the feds latest policy meeting. Theyll talk about their own form of stimulus it could be again talking about new tactics to keep Interest Rates low for years to come. Also wednesday, we see rescheduled technology ceo antitrust hearing, ceo of app
Its up 9 you think about the Digital Infrastructure for fitness, a time when its kind of hit or miss whether people can gather inn provides some of that not just in the bikes but in the apps spotify up almost 7 twilio, which provides payment and tracking services, data services, those apps up 7. Service now, amazon up considerably most of those stocks also up quite a bit over the past few day days youre right on peloton, wedbush puts them at 66 saying a blowout quarter is possible. Mark may joins us this morning to talk more about this. Mark, good to see you. Welcome. Thanks for having me back after a week when people wondered if this trade was still fresh, is today another reminder that its hard to keep this narrative down sentiment in the tech sector among investors varies depending on the time horizon especially now with earnings. Investors in general in tech are bullish. I know that for the most part Stifel Research analysts are bullish over the medium to longterm. There are differ
Is july 15. Norquist joining us to talk about tax day this year. Delay. Ual what do you think the pandemic has done to the anticipated revenue of taxes . Down, ites have come down a lot of actiq a lot of activity. 20 million jobs lost. It is starting to come back strong. June,e, we just finished 4. 8 million net new jobs. Both of those are historic records. We have not had that much job creation before. The economy is very strong. It was shut down in many parts. As it opens up, it is returning to the more robust economy we had in january, february of this year and the last couple of years. Nothing has changed. The lower taxes they gave us growth are still there. The deregulation, which as of a year ago was saving 220 billion costs in terms of excess because of changes in regulations. That is an old number. It is a higher number now. What they are struggling with his governors, mayors, and the federal government at points have shut down. Tough to travel. People arent allowed to go to ba