Edward lawrence in washington, Hillary Vaughn and hershey pennsylvania and gerri willis. We will start with edward and the latest from the president. Right now the president is on his way to a high dollar fundraiser in southern florida, the ceo is holding a fundraiser at his house, the president making a lot of news today the president will not go to New Hampshire tomorrow, his rally has been postponed because of hurricane or Tropical Storm fay there concerned with the wind in the president on air force one also talking about china, he says he is very concerned, the damage in the relationship has been severely damaged according to the president between the u. S. And china because of their actions that led to the spread of the coronavirus. He believes that the president has too many other things on his mind to worry about even talking about a phase two trade deal with china, he is moved on from that in the president did address the economy. We will have a great third quarter, thirdquart
Simonetti is watching the markets and Hillary Vaughn is on capitol hill. Lets kick it off with hillary. Reporter melissa, Bernie Sanders is out of the 2020 race but he is not off the ballot and he is still has his eye on the Democratic National convention this summer. I will stay on the ballot in all remaining states, continue to gather delegates. While Vice President biden will be the nominee, we must continue working to assemble as many delegates as possible at the Democratic Convention where we will be able to exert significant influence over the party platform. Reporter former Vice President joe biden is now the presumptive nominee for the democratic party. Biden often attacked sanders for his calls for a Political Revolution but now today biden is thanking sanders for being the leader of a movement saying this, quote, while the Sanders Campaign has been suspended, it is impact on this election and elections to come is far from over. Well address the existential crisis of climate c
Performance for the dow and the s p since the great depression. We have fox Business Team coverage. Blake burman with the latest, with the president. Lauren simonetti watching the markets. Edward lawrence is live in d. C. Lawrence, lets kick it off with you . I have to say good riddance to the month of march and it was really awful. Let me tell you how awful it was, the worst month for talks since the 2018 financial crisis. If were talking, dow lost, nasdaq lost more than 900 points this month. Not one dow winner in the entire month of march. In fact four march, worst one for the dow and s p 500 since, ready for this, the great dedepression. Does it get any better for the First Quarter . Not really, the dow down 23 in the First Quarter of the year. S p down 19 . Nasdaq down 12 . We had a winner in the quarter, just one. Out of 30 dow stocks it, was microsoft up barely but in the green. The worst stock for the month, for the quarter on the dow was boeing. This is a stock that saw 330, t
House is set to vote on 1. 2 trillion usmca deal any minute now. One day after their historic vote to impeach President Trump. Connell Fox Team Coverage on all of this. Gerri willis on floor of the new york stock exchange. Chad pergram covering all things capitol hill including that vote. Kristina partsinevelos in newsroom. Edward lawrence is in the white house. Chad, start with you, we talked about impeachment and usmca is a big deal this hour as well. Absolutely. We think the vote starts in ten minutes on the house floor. Theyre about to vote on salt, democratic provision to get rid of the element in the tax law from couple years ago that prohibited the deductions on state and local taxes here. This was a big issue in hightaxed states like new york and new jersey. That is a place where a lot of republicans didnt fare too well in the house races. That vote is up first in the house of representatives. That should start imminently. If you hear bells ringing behind me here, that is the v
Facebook and apple are set to report quarterly earnings. Find out numbers here before it impacts your wallet tomorrow. Whether you own the stocks or not it will tell a lot about the economy going forward. Connell we have Fox Team Coverage ahead of all of that gerri willis waiting for all numbers on the floor of the new york stock exchange. Edward lawrence, at the fed reserve in washington. Deirdre bolton on the earnings. We start with you, ed. Reporter Federal Reserve cut 25 basis points off the federal funds rate. They did that the third time in a row. Based on Global Economic slowdown and trade uncertainty. Chair of Federal Reserve jay powell signaled this may be a pause in rate cuts that are coming here. The Federal Reserve, really market took off when i asked this question, how the Federal Reserve chairman answered the question. Just listen. We just touched 2 core inflation to pick one measure. Just touched it for a few months. We have fallen back, so. I think we would need to see