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July 16, 2024
Jerome powell announced that Interest Rates will remain near zero for the foreseeable future in order to support Economic Growth following the coronavirus pandemic. This is conference runs one hour. Good afternoon, everyone. Thank you for joining us. Hour. Our country continues to face a difficult and challenging time as a pandemic is causing tremendous hardship in the United States and around the world. People have lost loved ones and many millions have lost their jobs and there is great uncert...
July 16, 2024
Congress has an option, many workers do not. You can do our work remotely in a safe, secure online format. The highest levels of the federal government have all recognize the unique circumstances of the covid19 pandemic by holding remote or virtual hearings. It includes the house and senate which have held virtual hearings like this one. It even close the Supreme Court which is modified how it conducts its oral arguments. It includes the executive agencies which are recognizing the legitimacy an...
July 16, 2024
This morning. Markets are pointing to higher opening this morning. Possibility of more stimulus of holiday shorten week, this after Third Quarter kicks off with mixed day yesterday, nasdaq with 12th record close of the year. 95 points at 4 00 oclock on wall street yesterday. Meanwhile more stimulus ahead. President trump telling fox business he supports additional money going directly into americans pockets, hes looking to add incentives to get people to back to work. Warning of market crash of ...
July 16, 2024
This is just over two hours. Let me begin by thanking our panelists and members of at todays briefing. 40,000, the latest estimate of how Many Americans in Nursing Homes and other longterm care facilities have lost their lives as a result of the coronavirus pandemic. The men and women who died at these Nursing Homes were parents and grandparents, who sacrificed to provide for their families. Some were veterans who fought to protect our country. Many were essential workers who kept showing up to ...
July 16, 2024
Deliveries. China is facing new tensions on two fronts. President trump prepares an executive order. Beijing slams london for interfering in hong kong. Shery lets get you started with a check of the markets. U. S. Futures right now opening flat. This after we saw stocks jumping in the regular new york session. We had broad bullish Global Sentiment as we saw the stock rally in china. The s p 500 closed higher for a fifth consecutive session. Where talking with the longest winning streak since dec...
July 16, 2024
Other. Yesterday, down over 200 adding that, you are down more than 1,000 points of decline in early session right now. Well see what the market does as we get close tore reopening and of course to the closing bell today s p 500 down 33 and nasdaq down 101. The central bank indicated it would keep Interest Rates near zero projected that the u. S. Economy will shrink by 6. 5 in 2020. They do see a gain they are expected by 5 in 2021 followed by 3. 5 gain in 2022 and will continue increasing Bond ...
July 16, 2024
Pres. Trump thank you very much, everybody. This is mostly an economic conference. We have Steve Mnuchin with us, larry kudlow. News d like to anouns the for the american country, theres not been anything like this record setting, just put out that the United States economy added almost five million jobs in the month of june, shattering all expectations. I was watching this morning, the expectations were much lower than that. The stock market is doing extremely well which means to me jobs. This ...
July 16, 2024
The little boy was watching fireworks with pair of conferences. One by a supervisor, and one by the chief of police to discuss this case. Thats how big of an impact this case is having here on the city of San Francisco. Police say the gunfire erupted around 10 45 sunday night with multiple shots filed in the area of ingalls and Whitfield Court in the stows bayview district. Jace young was struck by gunfire. He was taken to the hospital but died from his injuries. The supervisor for the area and ...
July 16, 2024
Starting the quarter with gains. The nasdaq was up more than 1 by an alltime high. S p was up half a percentage point. The dow was up slightly. A decline of about 0. 3 . Burke buckle your seat belts a lot to come. We have been watching what is happening with the futures at this point, all three in the green. The dow up almost 200 points all coming before the big jobs report the last trading day of the week before a long Holiday Weekend for the 4th of july. You could see some activity happening h...
July 16, 2024
Washington today, we are holding this hearing virtually in compliance with the regulations for Remote Committee proceedings pursuant to House Resolution 965. Remote hearings certainly are not the same as sitting together in our Committee Room and you should know. The new authority has allowed us to continue to do our work a behalf of the American People, while keeping our staff, families and broader communities this is the First Official Virtual Committee hearing in the United States house of re...