Intercontinental Exchange News Today

Any time. Members are reminded to keep their video function on at all times. Members are reminded that theyre responsible for muting and unmuting themselves and to mute themselves after they are finished speaking. Consistent with the regulations accompanying the resolution, staff will mute members when not recognized to avoid inadvertent background noise. All house rules relating to order and decorum apply to this remote hearing. [ inaudible ] economy and i know recognize myself for four minutes...

Field . On a number of occasions we have issued public statements and communications to our supervisory group. We dont want to be on a hair trigger to classify loans or call them loans or anything like that. We want to look at this as an unusual situation and be flexible and thoughtful about the way we do our jobs. Of course we havent been really supervising. Were only starting to supervise again. At the fed were going to do it remotely. Were not going to be visiting yet but that time will come ...

Now, testimony from Federal Reserve chair Jerome Powell on Monetary Policy and the state of the u. S. Economy amid coronavirus. He spoke about low Interest Rates, unemployment numbers and what future Economic Growth and recovery could look like. Help in front of the House Financial Services committee, this is three hours. So the committee will come to order. Thank you. Without objection, the chair is authorized to declare a recess of the committee at any time. Members are reminded to keep their ...

Surge here. Well speak with the mayor in miami and about the spike with the virus. And an ammicable separation. Match group completing the spinoff. Parent company iac last week theyll discuss the strategy Going Forward and Online Dating during the pandemic. Lets focus on the big stories of bob pisani has the stories. Meg terrell has updates on the coronavirus and Brian Sullivan is covering Warren Buffetts new bet on the energy space. Bob, lets start with you and the markets. Yeah. The important ...

This moment . Expert analysis how you should be positioning your portfolio. Has a deal within reached in washington for more stimulus . Could it be mean more testing and stimulus . Well have more and the answers coming up on making money. Charles markets down for a second day in a road. The hardest hit sectors are not oil. Technology stocks getting absolutely slammed today. We knew after this huge bounce a pullback was inevitable but how deep will it go . How should we be positioned for this . I...

D in foreign teams dont go anywhere americas war starts right now. Many of the companies lining up d for a handout from the federal government are victims of coronavirus at all its their own fault its poor judgment joining me to talk about that is fair and cousins were going to have a discussion about this people always call and say pap you know let the guest answer the question its a discussion for those who are watching ok so so hear this this this discussion really need to center around the i...

And global names are all taking it on the chin. The market itself is down close to 40 from highs reached a little more than a month ago. And this is feeding on itself. Now, the excuse de jure seems to be the fact that the senate could not cobble together a rescue package late last night. 2 trilliondollar package, democrats say was tilted too much towards businesses. Now theyre scrambling again to come up with something that might be more mutually acceptable. Questions whether it is too little to...

S p is down 76. We are watching all of these markets. A few things are going on right now. Investors werent impressed by the feds vow to buy an unlimited amount of Government Debt and give loans to businesses, big and small. Theres one industry that Coronavirus Crisis is impacting directly, restaurants. They are closing their doors to patrons, trying to shift to takeout only. We s ghave got the owner of a gp of restaurants who will tell us, he will say this, the restaurant recession has already ...

Designed to do the stock market was invented so that corporations could get money could get this capital through an initial Public Offering and allow the risk of the company to be taken on by average people out there the corporation didnt risk losing money well they broke that rule it rages me Delta Airlines Delta Airlines they had one month one month setback for this kind of a problem theyre raking in more money than they can spend their credit line you know they havent really called on their c...

Artificially inflate their worth by buying back their own stocks which puts more money into their pockets and it ties their money up in the stock so they cant spend it on other things they cant spend it on you know expanding they cant spend it all worker raises its all tied up in this you know artificial stock that theyve created so when the market tanks they lose all their money they lose all their value and thats the exact opposite of what the stock market was actually designed to do the stock...