Page 5 - Exchange Stabilization News Today

Business closures as well as layoffs. We will show you how markets are reacting as well. Eugene scalia and richard will join with me about the jobs picture, what they have to say about the jobs market, stimulus package and what lies ahead for the u. S. Economy. Twoday rally for the dow and s p 500 poise to come to an end today, future pointing to losses, down 200 points. Down 93 on the nasdaq after gains of wall street yesterday but markets did close off of the highs of the day, in fact, the nas...

I want to just talk very briefly about two or three things. First the issue of testing and how that has changed the complexion of the approach well be able to take. Testing was an issue. We had many questions of testing in this room for a number of times. Now that we literally have hundreds and hundreds and thousands of tests out there there are a few things we can do with that one of the things when we make policy poll what well do with the rest of the country particularly areas that are not ho...

Record that we saw back during the financial crisis of 2000, march of 2009. Jim, stunning though the number is, of course, we also have the stimulus or socalled lets call it more of a recovery act making its way through the congress the house set to act shortly on it were going to be joined by the treasury secretary, Steven Mnuchin, about 15 minutes from now to discuss that. And so many other things in the economy. What is at the fore of your thinking as we get started with trading a half hour f...

National captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org President Trump thank you very much. Been a very busy day. I want to thank the American People for the incredible sacrifices that they are making on behalf of our nation and i want to encourage everyone to keep following our guidelines on cial distancing, avoid large gatherings and hand washing that Everybody Knows they are supposed to be doing. The goal is to ease the guidelines and open ...

Credit market. Thats coming up in the next hour were also going to talk to matt shay about the pain the pain out there with retailers weve heard about furloughs from gap to macys. What kind of unemployment statistics are we going to be talking about for the biggest private sector employer in the United States and do they qualify for relief in the new congressional package. Lets focus on the big stories were watching in this final hour of trade. Bob pisani joins us with a look at the quarter mike...

Citizens. O more money needs to be put against hospitals and states and workers there is an unprecedented amount in the legislation but to say theres nothing here im going to talk about this with specificity but 100 million, pretty good start. 75 billion of which was to hospitals. To say theres nothing for workers, the Unemployment Insurance provision comes from the democratic side of the aisle. Its the most generous by far and addspl more mone add more mo Unemployment Insurance than the Current...

On the stricter role of the border this weekend plus the Senate Working overtime on up to 2 trillion package ahead of mondays deadline for a final vote, florida senator marco rubio takes us up and we will break down the stimulus bill in u. S. History. Also today President Trump emergency war power to help, white house creating manufacturing advisor Peter Navarro is here to the response of coronavirus and impact on the economy. Also he has been studying the pandemic from a white house chief strat...

That my colleagues on the other side of the aisle chose to vote no on even the ability to move forward with debating this legislation tonight. And to my colleague, the democratic leader who said this is a highly partisan bill, thats just not the case. Lets put the partisanship aside. Lets do whats best for the American People. I will tell you that over the past several days, through a bipartisan process, we sat down democrat and republican in four Different Task forces and put together the eleme...

Crisis. He is in charge of 2. 3 trillion. Relief is on the way for millions of americans meanwhile and has a 2 trilliondollar coronavirus package is expected to help Small Businesses and individuals as soon as next week. It includes funding for public health, Small Businesses, Small Business loans, Unemployment Benefits and direct payment to americans. Steven mnunchin tells me that the new bank Lending Program will be ready by next friday. Chairman powell and i are speaking multiple times a day,...

Relief is on the way for millions of americans meanwhile and has a 2 trilliondollar coronavirus package is expected to help Small Businesses and individuals as soon as next week. It includes funding for public health, Small Businesses, Small Business loans, Unemployment Benefits and direct payment to americans. Steven mnunchin tells me that the new bank Lending Program will be ready by next friday. Chairman powell and i are speaking multiple times a day, every day. Even before this legislation w...