Well tell you why traders are betting on an even bigger run. Later, airlines lower as they prepare for what could be a slow september the former ceo of continue nenal airlines will be with us to explain what the new normal may mean for travel stocks kelly evans is back. Welcome. Power lunch begins right now its the s p 500 sitting close to its record high now the wild market ride has brought a resurgence of the retail trader bob and kate are standing by with more. Bob, lets start with you in these record highs we are on new high watch and for the s p as well as the nasdaq and whats brought us there, thats a very familiar pattern. We have seen it many times its essentially Technology Stocks thats with megacap stocks moving on the upside sectors, its technology thats been leading the way we see banks, energy and industrials lagging there. We had many rallies in those cyclical value names banks, the energy and the industrial names over the last few months in various occasions including ab
Clock to show you how much time is remaining. All members and witnesses need to be especially mindful of the fiveminute clock. At 30 seconds remaining ill , gently tap the gavel to remind members their time has expired. To simplify the speaking order process, the commission has decided to order ourselves alphabetically. With that, welcome to this virtual hearing convened by the congressional oversight commission, pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As part of our oversight work, the commission has decided to hold this hearing today which will examine the main Street Lending facilities. The Federal Reserve established the main Street Programs to support lending to small and mediumsized businesses, and nonprofit organizations that were sound before the covid pandemic. The program operates through five facilities which we will learn more about this morning.
15 years ago an explosion ripped through lebanons capital killing Prime Minister graffiti and 21 others now the special tribunal for lebanon in the hague will deliver its verdict on august 7th find out what this means for lebanon and for those indicted and follow all the developments on a. Dog for 300 years the most powerful nations on a screw richer and strong go in the profits of the slave trade of a 12000000 men women and children with philosophy transported from africa on slave ships like this to the colonies and plantations in north and south America Today slavery is illegal in every country on the planet but the truth is slavery did not die in the 19th century it is a law if it is thriving and it is bigger than ever. Amid the ruins of a devastating earthquake the human tragedy plays out in the slums of the caribbean island states of haiti and. It goes by another name but its amounts to child slavery. And instead. Read by names as alaska. Nothing is soon 1000000000 man. Very poorl
Small and mediumsized businesses that were in sound Financial Condition before the virus impact of the economy we will hear from the head of the fed in boston and banking and business leaders. Will come tog order. This is a hybrid hearing meaning some of our commissioners are appearing in person and witnesses will testify remotely. Let me offer a few Video Conferencing reminders. Before you start speaking there will be a slight delay before you are displayed on the screen. Click the mute button until your turn to speak or to ask a question. If there is a technology issue, well move to the next speaker until it is resolved. You should all have one box on your screens labeled clock to show you how much time is remaining. Congressional Oversight Commission pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As a part of our oversight work, the commission has decided to hold
Title. Now the husband wants to change his 45 to his wife. Will that change the property tax . sharing of ownership information between married couple r. In that situation we wouldnt expect a reassessment. they can own their property together as Community Property within that marital trust, there are some benefits to married couples in owning property as Community Property in a marital trust. Essentially if they own property as Community Property and one of them passes away. If they property is sold even though both of them havent passed, that surviving spouse will dpet the full basis. Thats a unique thing for people who own properties as Community Property. thats something that isim glad you brought that up. I think if youre like me, when you first bought a home you were not paying attention to all of these legal documents, nor did you know what they really were. One thing i suggest you take a look at for properties because its a big part of what we own. Take a look at your deed and h