Page 136 - Third Quarter News Today

It came down, 13. 3 . The government says the resumption of Economic Activity at the end of may led to an increase, repeat, an increase of 2. 5 million new jobs. It was supposed to be a loss of eight million. Clearly a lot of people were recalled to work and went back to work. Now, to say this is a surprise is the understatement of the century. I will say this. The recovery is obviousily a lo stronger and faster than anyone thought. Back to the numbers. Dow industrials going to be up over 600 po...

Massive local tax increases. Anyone of those alone threatens to make this economic crisis even worse and the combination of all three is almost unthinkable. The bureau of labor statistics just reported that state and local governments laid off nearly one million workers in april. That is almost one million firefighters, police officers, teachers, Emergency Personnel that should be on the front lines of the Public Health crisis but are sidelined instead. Chairman powell, let me start by asking, d...

Nomination of James Trainer to the commissioner on the federal election commission. When the Senate Returns live coverage youre on cspan2. The editor of the military times joins us to talk about Veterans Health and the coronavirus pandemic. We saw the numbers this past weekend 02 1000 veterans that have died from this disease. There is this happening . What is this trend about . This is right up all over the country and this morning its around 1060. About a quarter of those deaths are in new yor...

The greatest in the history of the world. That strength lets us get through this pandemic, largely through command we are doing well. I had a meeting yesterday on vaccines. We are doing incredibly well with that. I think youll have positive surprises. With therapeutics, we are doing extremely well. And i think those words really blend in with each other. But tremendous progress is being made on vaccines. We have ready to go in terms of transportation and logistics. We have over 2 million ready t...

Sees a 25 rally ahead should you bite into this name we begin with the news that moved the markets, stat news pulling the coronavirus vaccine. The reports saying according to the vaccine experts, theres really no way to know how impressive or not the vaccine may be while moderna blitzed the media, it revealed very Little Information and most of what it did disclose were words, not data that report sent stocks tumbling look at the Market Reaction when the story hit just around 3 00 p. M. Eastern ...

Finally reopened on the very first day was permitted for mornings on 2 part of our fox 2 storefront pickup only. Its a huge step. Giving do drive, today we recognize Latino Community foundation, joining us now live reporter the owner says, as is ceo Jaclyn Martinez carso, it for so many small businesses, customers really want to see, is great to have you on your. Touch and feel the goods, your Foundation Helps to support Community Groups in the something that has to wait for now. Bay area and be...

A virus lockdown winner has emerged. Its walmart. They have had the advantage of remaining open and they finetuned their delivery and pickup services. They have done very well. Look at this. Same store sales, up 10 . Huge. Sams club sales up 12 , even bigger. Ecommerce, now, this is a big one, up 74 , online sales. That is remarkable. The stock, we are quoting premarket now, the stock is up nearly five bucks, 3. 8 . Okay. This is going to be a live action day. Two top money guys head to capitol ...

And bill mcagain. Mcgern. Mary, 40 million jobless in two months. Weve never seen that before, not in our lifetimes. Is this the extent of the damage or are we going to see some more . Hi, paul. I dont think we can say whether were going to see more. We dont know from the Health Aspects whether we get the second wave and so forth. I think what we know right now is that we have a first of all, a very entrepreneurial culture. Ive been impressed in new york at all the entrepreneurs and Business Peo...

For a closer look at the economic fallout from the coronavirus situation. Steve is dig through that right now and wee chell check in wit. Kelly. As mentioned the nasdaq was heading back to its record high, but now its under pressure. Down about. 5 at last check. Bob. Its under pressure because the mega caps are finally underperforming, its about time in the is all part of that broad evening o broadenning out of the market. You can see it again today. Whats outperform something whats doing better...

Anticipate what will work in that time frame and what wont but after another shocking day, particularly for the sell in may and go away crowd, where the recovery stocks roared, the dow gaining 533 points, nasdaq advancing 7. 7 , the market does not lend itself to that easy divining right now the future is too binary the market feels much more like a horse race where there can be only one winner in a very crowded field of contenders. But its a long race and were still far from the homestretch so ...