Approve. Member rajeo. Yes. And chair williams . Aye. All right, so we are adjourned. It is 4 33 p. M. Thank you, everyone, for sticking with us and well see you tomorrow. Thank you. Bye, everyone. See you tomorrow. The meeting is closed. Just want to notice we didnt have. Can you call the roll . Im going to read my script first. This is held by web x modifying requirements for inperson meetings during the coronavirus disease emergency. This committee will be convening remotely until the committee is authorized to meet in person. Public comments will be available on each item. Each will be allowed three minutes to speak. Comments during the Public Comment period are available by calling 14156550001. Again its 14156550001. Access code is 1469968636. Then pound and then pound again. When connected, youll hear the meeting discussion, but will be muted and in listening mode only. When the item of interest comes up, press star 3 to be added to the speaker line. Speak clearly and slowly and
Last 10 years. That doesnt get it done. Guess what . Job cuts. Lisa how much more can Central Banks do to juice job growth at a time of zero Interest Rates . I find it fascinating that coke is offering voluntary separation programs with its employees, read, job cuts. More interestingly, yesterday salesforce. Com, one of the winners of this, and also job cuts. Tom cocacola managing the message as they always do. I dont know what their cute phrases for firings. Lisa separations. Tom exactly. That is just as phony as all of the rest of the. What is so important in that set of announcements across the bloomberg, as they make clear this is an International Strategy to right size on 86,000 employees right now, what we really need is a morning brief. Where you start . Lisa at 8 30, ancient history, which is u. S. July income and spending data for individuals. This is very backward looking based on how quickly the jobless benefits are running out and the changing scenario. We are also going to
Community pushed back. Call this a red carpet alert the first one in months as movie theaters continue to reopen. And later, more than 800 return on a 400,000 investment it has nothing to do with the stock marketment all of that ahead on this monday, august 24th and this is Worldwide Exchange right here on cnbc. We are ready to play. Brian sullivan good to see you on this very busy monday morning. Thanks for joining us. Theyre setting up their day and their week and they are setting it up strong or on that big graphic right in front of your face stock futures are solidly higher dow futures up 215 points right now. Overall you know the headlines they say stocks keep going up. Thats only half true. Big cap tech keeps going up. The only sector to close those stocks as we well know by now are so big look no further than apple apple ending last week up 8 taking it along for the ride but the majority of the market is actually going down last week but when you got the biggest of the big going
Restrictions against huawei well talk about this story and more with economics professor richard on the head of the f. A. A. Says mistakes were made in the oversight of the boeing 737. 00 because of lawmakers look to learn more about the jet and the 2 fatal crashes which grounded it will we have a power show today so lets get started. The u. S. Commerce Department Released a new rule on tuesday that will allow American Companies to collaborate with wall way on setting standards for next generation technologies essentially what this means is the new rule will amanda wall way entity listing and it will allow certain technologies to be released to walk away and its affiliates if it contributes quote to the revision or development of a standard in a Standards Organization will the u. S. Added wa wait to its entity list in may of 2019 this was over National Security concerns a claim that while way has rick. Heatedly denied but in an interview with fox business commerce secretary wilbur ross
Alex azar, 7 30 a. M. Eastern with war on coronavirus and potential vaccine and whats being done to curve spikes. Im joined by donald trump, jr. , we are talking a lot with him, dont mishis take of 2020 race, mailin ballots, ongoing protests and social media and a lot more. Final day of Second Quarter, we are wrapping up a quarter thats been the best in 20 years, markets mixed, dow industrials down 70 points, the nasdaq is up 6 points and s p down 5. For the the Second Quarter markets are up sharply with yesterdays gain 180 points. For the Second Quarter, the dow up 16 , nasdaq up 28 and the s p 500 higher by 18 . Their best quarter since 1998 on the dow and s p 500. Federal reserve chair jay powell says the path ahead for u. S. Economy is extraordinarily uncertain. Powell and secretary mnuchin will be testifying before House Financial Services committee today on Pandemic Response and Stimulus Fund landed. More Companies Joining the facebook ad boycott costing the social media giant bi