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July 16, 2024
Quarter gdp. All coming up at 8 30 a. M. Eastern and investor reaction. Reaction from u. S. Labor secretary Eugene Scalia, hes here live at 8 30 a. M. Eastern. Ahead of the numbers, markets mixed. Markets surged yesterday but this morning dow futures up 75 but the s p and nasdaq futures negative. This on top of yesterday when the dow closed above 25,000 for the First Time Since march tenth with big rally yesterday at the close on wall street. As you see the dow industrials up 553 points at the c...
July 16, 2024
, and that is senator john thune of south dakota, who is here with us today to discuss the current state of affairs. You can participate in todays discussion on social media by using the hashtag bgovwatch to be sure to follow bgov on twitter. I do have a couple of housekeeping announcements just to get us to todays presentation. This is broadcast live and although we dont anticipate any technical issues, should you experience any streaming delays with audio, may be video quality, go ahead and re...
July 16, 2024
Places. Watch American History tv tonight and over the weekend on cspan3. Up next, Federal Reserve chair Jerome Powell talks about the u. S. Economy and his agencys response to the coronavirus pandemic at a Virtual Event hosted by princeton university. Okay. Hello, everybody. I now have the signal that the technology is working. Fortunately nobody would put that in my domain. I dont take any responsibility for that. Im professor of economics and Public Affairs here at princeton university. Thank...
July 16, 2024
Changes, senator collins and senator rubios Paycheck Protection Program continued to protect American Workers and Small Businesses through this pandemic. Back in march, Senate Leaders hand designed this push for unprecedented assistance to working families and main street businesses. Once again, the charge to rebuild popular and Successful Program with more money so it could help even more americans. In the weeks since, our colleagues track the program operation. For two weeks when necessary. Th...
July 16, 2024
Opec offers a bleak estimate of Global Energy demand. Saudi arabia is cutting output to its lowest level since 2002. Shery a quick check of the markets. We are seeing u. S. Futures rebounding and gaining for tens of 1 . U. S. Stocks fell to that threeweek low. It was not just the fed chairs comments. We have u. S. Tensions with china flaring again. Every sector on the s p 500 was in the red and it is now heading its worst week since march 20. Take a look at what oil is doing. We are seeing sligh...
July 16, 2024
Economy and his agencys response to the coronavirus pandemic at a virtual pandemic hosted by the university, and the Federal Reserve was days away from making the first loans to small and mediumsized businesses for the lending program. This is 40 minutes. I have the signal that technology is working. No one would have put that in my domain so to quote somebody i dont take any responsibility for that. Alan reiner, director of Public Affairs at Princeton University. Thank you for joining us on the...
July 16, 2024
The senate is in the personnel business and the house is not. We are working diligently on getting nominations out of committee. That are important for the country, that have been languishing for six weeks. Oversight is beginning already. Senator alexander is going to have dr. Fauci and others before his committee next week, related to the coronavirus epidemic that we are all working our way through. We will continue to discuss with the administration a way forward. I know that many people are a...
July 16, 2024
Good afternoon, everyone. As we all know, we have been gone for six weeks. Necessarily gone, i might add. The has stacked up since senate is in the personnel business and the house is not. Onare working diligently getting nominations out of committee. They are important for the country, they have been languishing for six weeks. Oversight is beginning already. Senator alexander is going to have dr. Fauci and others before his committee next week, related to the coronavirus epidemic that we are al...
July 16, 2024
The past six weeks a closer look at that is on tap, if you dare. Plus, three big ber viinterview hour the company is saving their dividend protecting that we have the mayor of houston as texas gets set to reopen the ceo of Dunkin Brands on how that company is add justing this this age of coronavirus. Kelly, over to you thanks im looking forward to all of that after today well have heard from half of s p 500 companies on their earnings. Lets get to bob with more on that and the markets reaction t...
July 16, 2024
Demand but partially also because of too much supply but you know the president is determined we want to maintain our Energy Independence and the president has asked me to look at all of our options and what were doing that obviously its a pretty extraordinary situation where you saw the front month of oil futures trade negative. On the issue on the 4th stimulus bill and agency in the whole government any thoughts on why there are odd that money should be proportionate to half the rate of infect...