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Have a small declines for both small cap and energy and some of those other cyclical sectors. Taking a bit of a break today. Maybe we earned a bit of calm after the storm. Thank you for the update. Affordable care act really got attention yesterday. First, in the challenge to it in the Supreme Court of the united and then from president elect biden who said hed improve, not replace, obamacare. President elect biden well ease headquarter on you and your family. I promise you that. As i said, ill ...

Congress still stuck in a stimulus stalemate not even at work. Turning to markets futures are rallying this morning. Tripledigit gain on the dow industrials, both s p and nasdaq hitting another round of alltime highs. The dow turning positive for the year. Take a look at the markets this morning. Wash, rinse, repeat, House Speaker nancy pelosi breaking San Francisco coronavirus rules getting her hair done in a salon. Where is your mask, nancy . The backlash ahead. Plus a Retirement Plans that st...

Hearing will come to order. I welcome everybody to this hybrid hearing. Both Ranking Member mister heiss and myself have wanted to have hearings resume in person. Especially when we are in session i made a promise to mister heiss that i would fight for that and today is the fruit of that effort i believe when we were in session, to the extent possible, protecting everybodys health and safety, we can and should be meeting like this. At least in hybrid form those members who are not comfortable or...

Do we ask everyone to turn on their cameras . Were getting ready to get started. The hearing will come to order. I welcome everybody to this hybrid hearing. Both ranks member mr. Hysse and myself have wanted to have hearings resume in person especially when we are in session. I made a promise that i would fight for that, and today is the fruit of that effort. I believe when were in session protecting everybody, those who are not comfortable or physically cannot join us in the hearings room, are ...

I am chief executive of the city club and a proud member. May 22. As we take these steps towards reopening the economy and state, the city club is continuing with virtual forms and still presenting from the studios of 90. 3 idf stream our public media partner. We are very grateful for the partnership and support. We all know that the coronavirus pandemic has put an incredible amount of pressure on the American Healthcare system. A shortage of supplies and Healthcare Workers, sharply declining re...

Founder of another vaccine inovio. Meantime, jay powell reiterating that the fed plans to use all the weapons in its arsenal to help probably u. S. Economy in the coronavirus pandemic. To give us a breakdown, i want to bring in markets reporter taylor riggs, who has been following all the action. Tech returning as the leader today despite the overall drop. Taylor just before the last two hours of trading, most equities were in the green. The nasdaq sort of leading those gains. Getting back to th...

Chinese demand levels almost at precrisis level. Time for todays market moving news from our washington and new york teams. We want to start with fed chair jay powells comments on the economy. In an interview with cbs, he expressed confidence in the recovery, but timing is still hard to predict. Chair powell the economy will recover. It may take a while. It could stretch through the end of next year. We really dont know. Michael mckee, International Economics and policy correspondent, has more. ...

We will come to order we welcome the acting commissioner of cbp mark morgan thank you for being here today we look forward to getting your perspective on cbp priorities and requirements fiscal year 2021 the budget proposes 15. 6 billion of Discretionary Spending by cbp and increases 714 million above the current your level of the total includes 2 billion of 82 miles of barriers and 625 over the current year appropriation for nearly 80 percent of the total fy 2021 increase for cbp overall. I have...

We will come to order we welcome the acting commissioner of cbp mark morgan thank you for being here today we look forward to getting your perspective on cbp priorities and requirements fiscal year 2021 the budget proposes 15. 6 billion of Discretionary Spending by cbp and increases 714 million above the current your level of the total includes 2 billion of 82 miles of barriers and 625 over the current year appropriation for nearly 80 percent of the total fy 2021 increase for cbp overall. I have...

Nissan scrapped its payout entirely. Changes at the top. Ubs begins its search for a successor to ceo Sergio Ermotti. They are said to be seeking internal and external candidates. Good morning, just under an hour away from the start of the cash equity trading day in europe. Lets take a look at the futures picture. The picture around the asian equity session was one that was flat and negative, and this is the picture we have for european futures. European futures showing a bit of upside to the st...