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July 16, 2024
Package. Totaled 350 billion. It was meant to serve as a bailout for Small Businesses with fewer than 500 employees. Incentive to keep employees on their payroll. You can apply for this loan, as long as you are promising to keep your employees. You will not fire anybody. You will pay everybody the amount they were making. In exchange, the loan can be forgiven. This pot of money has proven in normal sleep popular. It ran out of money just yesterday. That was expected all week. Congress is obvious...
July 16, 2024
You are watching cnbc. Good morning, good afternoon or good evening from wherever in the world youre watching. Im Brian Sullivan im glad to be with you during this troubled and turbulent times. Coming off friday 700point game gain for the dow futures are lower, indicating a drop of about 200 points for the dow, slightly less for the nasdaq 100 your big story right now is the price of oil and a new week bringing the same old story prices, they are falling in a big way. The may contract right now ...
July 16, 2024
Going to those who needed it most. So today, we are not taking any other action on the floor dealing with covid19 so weak that we would take this opportunity to ask unanimousne consent, to get Something Real done should have bipartisan support on both sidesot of the aisle. Who can be against transparency. Who can be against accountability. Know where close to 700 billion that taxpayers money is going, to the right places. And impartially today at least 200 publicly traded companies have managed ...
July 16, 2024
Committee on Small Business member states, hearing on response, we had a hard stop, we could move as quickly as we can and could not accommodate every member in person today and we are accepting statements until thursday april 30th. Today is a chance for the committee to hear directly from members of congress about thoughts on the covid19 response for the next package to Small Business issues for the committee of jurisdiction. I would like to remind everyone we are practicing social distancing a...
July 16, 2024
So let me introduce you. Joining us today to help you get answers is right now employment attorney Angela Wright and dr. Peter hong, an Infectious Disease specialist at ucsf here in San Francisco. Good to see you both back with us. Great to be back. Thank you. Let me start with you becaus this is very timely. Protesters in big cities this past weekend gathered to demand that their governors open up the economy. Some states like georgia saying today some limited openings will happen this weekend,...
July 16, 2024
And full analysis. The stocks going into it are higher. Futures pointing to gain at the start of tradingment broader looks good. Look at futures. 280 points right out of the gate. S p 500 up 29, better than 1 and nasdaq higher by 115 points, one and a third percent. This after the dow, s p 500 much of the needed money. Lindsey graham right here. Former Vice President joe biden picking up major endorsement from former rival senator Bernie Sanders. Mornings with maria live right now. Maria Global ...
July 16, 2024
After a day of wild weather impacting millions from the south to the northeast. A new decision on whether Car Insurance companies should be forced to give you a refund during this crisis with no one or fewer vehicles on the road. Later a surprise for the 93yearold Woman Holding that sign up requesting beer. More evidence of americans separated but coming together. Good tuesday morning, everyone. Officials from new york to california are discussing possible ways to reopen their states. Thats sett...
July 16, 2024
Also tonight, the senate signed off on a nearly half a trillion dollars in new funding, some of it to help those struggling hospitals. Most of the money will replenish a loan program for Small Businesses that ran dry last aek. And theres about 25 billion that will pay for coronavirus tests, which governors say they desperately need before they can lift their stayathome orders. Now, protesters rallied across the country again today, demanding an end to those orders. Li and some governors, especia...
July 16, 2024
5. 1 Million People filing for unemployment in the last week. We have the numbers and full amounts this morning. Ahead of the numbers, futures pointing to gain at start of trading, take a look at futures, 100 points on dow industrials, s p is up 15 and nasdaq higher by 72. This after worse than expected news yesterday in resail sales and disappointing earnings led to selloff in market. Dow industrials down 445 points. Nasdaq down 122 and s p was lower by 62. Earnings season rolls on. This mornin...
July 16, 2024
At us, we are at number four. The president , the Speaker Pelosi and treasury secretary mnuchin, they are all on board with a grand infrastructure plan. Leader mcconnell says hold back for now, but it sure looks like a lot more spending is in the works. After all, we are all big spenders now, arent we . Look at the markets. Responding to the jobless numbers and the possibility of more stimulus. The dow looks like it could eke out a small gain of maybe 70. Nasdaq up 17. S p up maybe 10. A fractio...