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July 16, 2024
Number for the company. Quarterly sales were down 43 year on year. The stock is pretty much flat, though. The bad news now, just how bad would let actually be . Sales roseommerce about 74 . They still need people to come into the store to really make a lot of money. Their comp sales were up by over 10 , if you backout fuel. Clearly a lot of stocking up. Clearly good for walmart. Kohls suspended its Share Buyback program. That stock now off by about 1 in the premarket. Overall, no doubt we are ob...
July 16, 2024
Those businesses employ nearly half of ourha states workforce d account for the massive portion of our texas economy. To say some businesses are an would only paint half the picture. In big cities and small towns alike, these businesses play a Critical Role in our communities. Locally owned restaurants and bars we visit, the gems that are part of her regular routine, the dry cleaners, the pharmacies, the Hardware Stores we stop by when we rune errands, welcome or Small Businesses are not just em...
July 16, 2024
About with joe, andrew and becky and the degree to which walmart can post a 74 increase in ecommerce it looks like the big guys won. You basically had them cordoned off as essential services. So many other companies, little companies, medium, small, just couldnt compete this is what happens when you have a survival of the fittest economy. This is darrwin playing out. These numbers are astounding if the stock had not run up every day, i wouldnt know what to do. Add back 60 cents for home depot an...
July 16, 2024
Actions taken on pandemic and how money is being spent today. Getting america back to work today, larry kudlow will join me today at 8 30 a. M. Eastern live on the reopening of American Economy and rebound hes expecting and what if any additional stimulus is needed. We will also get into china. Turn into markets this morning. Futures are turning direction this morning. We are expecting weak opening this morning for stock prices, s p futures down 10 and nasdaq futures lower by 12 this after posit...
July 16, 2024
Board of governors of the Federal Reserve system. We will receive testimony from the secretary of the treasury and the chairman of the Federal Reserve as required under title four of the cares act. Congress has appropriated 3 trillion to protect and support americans to fight the pandemic and also to stabilize the infrastructure of our economic system. Fundingportion of this is authorized under title iv of the cares act which provides resources to loans, guarantees, and other investments from tr...
July 16, 2024
Opportunity to testify. I want to provide an overview of the steps we have taken in colorado. We hope some of the successful practices will give an example for other states and nations. We set realistic goals. Freedom of movement throughout the United States, it would be impossible to eradicate the virus until there is a vaccine so on the Public Health side, our folks have been destabilized by protecting the most vulnerable, supporting Health Care Providers, making sure people have access to all...
July 16, 2024
We will receive testimony from the secretary of the check treasury as required under title iv of the cares act congress has appropriated 3 trillion to protect to fight the pandemic and to stabilize the infrastructure of our economic system. A large portion of this funding is from the title iv of the cares act which has significant resources for loans and loan guarantees and other investments from the Federal Reserve with the emergency lending facilities in the states and municipalities and tribe...
July 16, 2024
Have millions of restaurants ou t there. Of sales forion these companies. Familyownedre with less than 50 employees. And the great majority of them have been closed down. Million people who work in restaurants, up to 15 million have been collecting Unemployment Insurance already. Thehat is a good chunk of nearly 40 Million People who have applied for Unemployment Insurance. So the business has been devastated. Of that 900 billion, the businesses estimate they will lose about 300 billion this yea...
July 16, 2024
International space station. Hello. Thank you for joining us today. We have one day to launch of the historic nasa spacex mission. Hello. Thank you for joining us today. We have one day to launch of the historic nasa spacex mission. We moved the press conference indoors due to weather, but we have good news the weather has improved. We have a 60 chance of favorable weather for launch. We will hear lots about the launch by the great guests today. We have bob cabana, the director for the Kennedy S...
July 16, 2024
To disneys streaming kit abilities. Disney is down 1. 7 now. Guy here in europe, it is unsurprising we are seeing a reversal. Marketse peripheral really taking it on the chin after the rally we saw yesterday. The stoxx 600 down 0. 8 . Byrids overbite is down over 3 . You are continuing to see a bid on btps, which is fascinating. Massive move yesterday on the plan announced out of paris and berlin come up in chile to allow burden sharing in europe. A huge rise about in jobless and the u. K. That ...