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July 16, 2024
By webinar let me remind everyone that pursuant to the latest guidance come all individuals attending in person must wear a face mask. And i am wearing mine except to make this statement. Members who are not wearing a face mask will not be recognized. Let me also make a few reminders to those members appearing in person. Well, actually they are not. I time is visible in the room directly in front of you. For all members appearing remotely, i know you are familiar with the webex pineapple that th...
July 16, 2024
[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] the subcommittee will come to order. Welcome, everybody to these hybrid hearing. Pursuant to hells rules, most members will appear remotely. I may be the only member appearing in person. Although all three of the witnesses are here in person. We appreciate that. Since many members are appearing by webinar and let me ...
July 16, 2024
Agency, including questions from members of the House Oversight committee on cash stimulus payments authorized early in the pandemic. This is two hours, 20 minutes. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] this subcommittee will come to order. Welcome everybody to todays hybrid he...
July 16, 2024
[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] this subcommittee will come to order. Welcome everybody to todays hybrid hearing. Pursuant to house rules members will appear remotely via webex. A fact i may be the only member appearing in person, although all three of her witnesses are h...
July 16, 2024
They hit the take and have full analyst with panel. We have the latest on the deadlock coming up. Turning to markets this morning, futures under pressure ahead of july jobs report. Take a look. We are expecting a decline right out of the gate on dow industrials, nasdaq down 55, s p down 17 after markets ended yesterday near session highs, in fact, nasdaq scoring a fourth record close in a row. Dow industrials up 185 points yesterday and nasdaq 110 and s p up 21 at 4 00 oclock on wall street. Unr...
July 16, 2024
Are sold. Faa administer testifies about airplane Safety Standards and oversight. The Senate Transportation committee is investigating the faas safety certification process after two deadly crashes involving the boeing 737 max aircraft in 2019. From earlier today, this is just over two hours and 45 minutes. Good morning. Today the committee convenes for a hearing on the federal Aviation Administrations oversight of aircraft certification. I welcome our witnesses, faa administer steve dixon and m...
July 16, 2024
Good morning. Today the committee convenes for a hearing on the federal Aviation Administrations oversight of aircraft certification. I welcome our witnesses, faa administer steve dixon and michael stumo, father of samyo who tragically died and thank them for participating. March 10th marched the oneyear anniversary of the crash of ethiopians flight 382. The aircraft involved in both accidents was the boeing 737 max. Our deepest sympathies continue to go out to the families of those loved ones w...
July 16, 2024
Apple have shut a number of Stores Across the country. Microsoft shutting all of its Retail Stores today. Joining us break it down is Abigail Doolittle who has been following all of the action by a rough day for stocks. This virus is really starting to weigh on investors. What do you see . Abigail stocks are lower in the selling pressure never relented. We have stocks responding to data as it comes out with the big drop on the data from the u. S. The nasdaq and s p down. Confirming the risk off,...
July 16, 2024
Take a look at where we stand with the market stocks under pressure today the dow down around 65 points. A apple is the biggest loser check out shares of macys jumping despite a bearish call from Goldman Sachs is the bottom finally over for this beating down stock. Our traders will discuss later this hour. Thank you very much. The december 15th tariff deadline looms just a few days from now and the u. S. And china dont seem to be all that much closer to a deal, if at all. There may be progress o...
July 16, 2024
The wall street journal calculates that icahn will make 400 million if hes right. More on that in a moment. Lets get to the market. Down yesterday, and probably opening a little lower this morning. President trump says if china doesnt make a trade deal, he might raise tariffs even more. He also said hes very happy with china because the treasury has taken in almost 100 billion from tariffs. All right. The dow is going to open down about 80, s p down about 9, nasdaq down about 32. But all of them...