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Reserve and other central bankers, academics, public and private Sector Economists and members of the news media for this annual gathering. As you well know, its been our custom for nearly four decades to welcome you to wyoming, served for the kansas city that. I look forward to return to the online format, senate expressing my gratitude for those who travel around the globe to attend for managing jet lag. Appreciation to those attempting to manage local. With the current time, ranging from 6 00...

Ecommerce the big baba breakout. We start off with the end of an era. Exxonmobil getting booted from the dow after nearly 100 years in the index exxons tenure as the longest serving dow component comes to an end on monday when salesforce takes its place. Exxons removal from the dow is nothing less than a remarkable sign of the times. Just seven yearsago it was the largest publicly traded company in the United States since then, shares have been on a steady decline exxon is down more than 40 in 2...

Private sector economists, and members of the news media for this annual gathering. As you well know, it has been our custom for nearly four decades to welcome you to beautiful jackson hole, wyoming, part of the regions served by the kansas city fed. And i look forward to returning to that setting next year. With this years online format, instead of expressing my gratitude to those who travel from around the globe to attend this symposium while managing jet lag, i will offer my appreciation to t...

They are advising people to use airconditioning around the clock and to drink water frequently to minimize the risks. Death valley in the u. S. State of california has reported what could be the hottest air temperature on record. Its 54. 4 degrees celsius there. The u. S. National Weather Service says if the preliminary figure is verified, it would be one of the highest recorded on earth. Hotter temperatures have been recorded in the past. The same valley marked 56. 7 degrees in 1913. A location...

Kansas citys economic symposium titled, navigating the decade ahead. Implications for Monetary Policy. Name is esther george, president of the kansas city fed. Im pleased to be joined by Federal Reserve chairman jay powell as well as many of my colleagues from the Federal Reserve and by other central bankers, academics, public and private Sector Economists and members of the news media. Foras been our custom nearly four decades to welcome you to beautiful jackson hole, wyoming, part of the regio...

To break trump has yet the stimulus long gem. Softbank backs the virus handed record losses in may at a drop of the value, some may change with earnings later. Lets get a quick check of how the markets are trading. We are seeing u. S. Futures under a little bit of pressure, down 1 10 of 1 . We have President Trumps executive actions on stimulus measures boosting sentiment. That weighed in indices. The s p 500 saw the highest close in sixmonth in the longest winning streak since 2017. Aska future...

Legal status under the rules of congress set in the census act of 1790. The president s decision to release this illegal memo now appears designed to inflict maximum damage to the accuracy of the ongoing 2020 census. In just two weeks, the Census Bureau will start visiting the homes of millions of people who have not yet responded to the census. The president s latest attack on immigrants could sew fear and confusion in communities across the country, and could lead many people to decide not to ...

Event today starting with the panel that you see before you which are going to focus on safeguarding Election Security to the integrity of the e Electoral Systems and process. We have a second panel that will begin at 3 15 on the problems of tackling disinformation, the implications for the Election Campaign that were in the midst of for the election in 2020. Werere delighted to be able to start off today with keynote remarks from someone whos on die front line of this, a great thlleague of mine...

Supposed to deal with all of that . Thank you, mayor. I appreciate this, and again, this is such a challenging time, i would say the risks the downsides to the shelter in place and the slow reopening are very real and very concerning from a health standpoint and an economic standpoint. I think the Counter Point is no one has said, were going to go ahead and open quickly. As you see across the country, the Mental Health consequences of opening and having a surge, many people are struggling in San...

Technology companies coming up in front of congress. We know that Mark Zuckerberg will be taking questions and even delaying earnings. Taylor we are speculating here. We dont know why they have not confirmed that but we assume they are those hearings delayed from today. Stock Market Reactions, so priced to perfection. Unless you are revaluing them, the strongest Balance Sheets, because we are in as in a structural change, they are the only Companies Growing 20 with 30 , lets say you get a beat o...