Coverage. Blake burman at the white house. Edward lawrence in washington. Well start with you, blake. Reporter jackie, last night during the Coronavirus Briefing President Trump first floated this idea of him potentially going down the path of trying to get a cut on capitalgains taxes going forward. Here is what im told according to sources. Right now the white house is exploring that idea, looking into it and doing so via the form of an executive order because there would be little to no appetite within washington, d. C. Right now of doing that legislatively, especially when you consider what the grand picture is with everything. Weve just heard some of it from Mitch Mcconnell within the last half hour or so. Both sides, democrats, republicans, still 2 1 2 trillion dollars apart. Both side right now not even talking. They are also acknowledging that this is going at least for the moment, nowhere. Watch. We are i will two sit down as long as it is a serious negotiation. Thus far it has
S p better by 7. The nasdaq down 49. But the news of this possible, we stress possible vaccine, is fueling travel stocks. Delta less than an hour away from landing its longest winning streak since just before the discovery of that first covid case in the u. S. Here in a countdown exclusive, deltas ceo live on the Airline Giants highflying turnaround, whether layoffs are coming if congress doesnt offer more Financial Relief to the sector, and the key safety promise thats fueling its surprise Pricing Power over deltas biggest competitors. From baby yoda to barbie. The coronavirus unable to completely lock down mattels toy chest. Will the force and blond ambition be enough to combat a socially distanced christmas . In another countdown exclusive, we got a whole bunch of them, mattel chairman and ceo joins us live. And remember the desperate calls in march for ventilators . One company pledged to triple output of the respiratory equipment. Now as the u. S. Death toll rises to nearly 23 of
Breaking details out of those very offices where the meetings happening. The deadly pandemic exposing a major need not just for relief, but for Contactless Payments and an economy dependent nowadays on digital retail. The ceo of Global Payments is here on his companys blockbuster new tieup with the king of online retail. That would be, of course, amazon. Frightening news from royal caribbean. Suspending voyages through halloween but weve got the celebrity chef who cut his teeth and ingredients on the high seas. Find out how Food Network Star Robert Irvine known for his brutal british edge, how hes opening his heart to help restaurants do the impossible right now. That is to stay afloat and reopen safely. Its a fox business exclusive. Hes here live. Is microsofts tiktok tango still dancing to the merger music . And that damage from yesterdays storm, it almost hit my house. We will show that to you. Less than an hour to the closing bell, lets start the claman countdown. Liz breaking news
Row. Weve got fox Business Team coverage. Blake burman at the white house. Hillary vaughn and Edward Lawrence in washington. Well start with blake. The latest on reaching a deal for covid19 relief. Blake. Reporter hi, jackie. Every afternoon around this time we say there is another big meeting up on capitol hill. Let me start by saying there is another big meeting up on capitol hill. Treasury secretary steve mnuchin, white house chief of staff mark meadows are negotiating with the top two democrats Chuck Schumer and nancy pelosi. Walking into the meeting mnuchin and meadows were quote, unquote, hopeful. According to sources im told during yesterdays meeting, those two, mnuchin and meadows impressed upon schumer and pelosi if there is not significant progress in the upcoming days, that could increase the possibility that President Trump would go ahead and use executive action. That is why one source described the meeting that is taking place up on the hill right now as quote, unquote, b
Seemingly inknockous app as the latest threat to americas security. Speaking of bans, when apple ejected a small email service app a couple of weeks ago, the man behind that app launched a david versus goliath battle with the Silicon Valley behemoth and lived to tell. The co founder and ceo of an email parent base camp is here in a fox business exclusive in why this fight with apple may be far from over. Markets looking to close out their second straight week propelled by a major positive development on the vaccine front. The dow popping back above 26,000. And right now were slightly below it at the moment, but were still up 273 points. The s p up 21. And the nasdaq is heading for its third record close in a row, but the high spirits could change come next week if Second Quarter earnings season gets hit with the ugly stick. A stop economist is here to tell us how a top economist is here to tell us how it is going to play out and you can avoid getting bruised. A massive storm is bearing