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Paying more than 1 billion australian to settle a Money Laundering allegation, the largest corporate find never levied in australia. Tiktok drama turns another page, owner bytedance asking a judge to halt the ban in america, Chinese State media slamming u. S. Dirty trip u. S. 30 tricks. We heard from larry kudlow in the last few minutes, downplaying expectations we will be getting any more fiscal stimulus through the pipeline, larry kudlow saying he doesnt think the u. S. Needs another stimulus package and that they will be doing targeted measures only and need to be smart about this measures. This comes after course of fed officials, including chair powell, saying there is a long way to go for the economic rebound, we heard from several others, all saying there is further need of more fiscal stimulus to do that heavy lifting. And that comes after congress ended its pursuit ....
Days, ottis days yesterday that i saw, and all i can say is still cant find an entry point on tesla. I want to get into tesla but maybe it is down another 20 . Francine it is still off from the start of the year. Lets get to first word news in new york city with ritika gupta. A e it is a socalled skinny proposal. To break the logjam with democrats in the house. The bill will cost up to 700 billion, a far cry from the democrats 2. 2 trillion dollar belief package. Once again coming u. S. Infectious disease chief Anthony Fauci is counting something President Trump has said. A vaccine is unlikely for coronavirus will be available by election day. President trump has hinted that a vaccine will be ready by then. In the u. K. , Prime MinisterBoris Johnson will than all so ....
Steepening and broadening and a lot more this is one of those rallies that not only is taking people by surprise, but continues to roll and were seeing major gap ups i was mentioning on squawk major gap ups in the morning more of the 1980s action and its very interesting because stan talked about his views of the 1980s and theyre pertinent as ever. We have incredible and we have a president who wants new highs and we have stocks that are recovering well ahead of the fundamentals but some people can say that is what should happen look at the airlines we are hhad some numbers from pl lebeau and almost as if people decided covid is over and its a vshape rally and you better get on board and that makes you a little uncomfortable. Well, i just think that the friday rallies, as sweet as it was off the unemployment number has not put out any sellers, carl and i often think that there have to be sellers at a certain level. I mean, can you really take the banks up so much when there was so much ....
This for bloomberg on the economy. I am going to lose the introductions this morning and get right to the moment. Weve got great markets. Yields higher, dow futures up 300, etc. No one is focused on anything but an update on this grim labor economy. Jonathan how quickly can this labor market hell is the question we ask every single month now, and we will ask it continually through the morning . Maybe we getting median estimate , maybe it comes outside of that. But the question hasnt changed. It is how quickly we will heal after a big downturn in a very short space of time. Tom a lot of opinions on that, and of course, as i was just mentioning, across the 10 of the american demographic, it will be a different rate of change for the haves and the havenots. And, what is so important, you nailed this a number of weeks ago, is the damage to the broad middle class. We are focused on the elites at bloomberg, and we are focused on maybe the people that service the elites, but it is a broad swa ....
18 years after the islamist taliban were driven from power in afghanistan women in the country still face discrimination and hardship theres a lack of schools particularly for girls in 2018 as much as 90 percent of women had only attended Primary School many iran able to read or write. After the taliban were ousted during a u. S. Led military intervention in late 2001 women hoped their lives would change for the better but the western military alliance has gradually pulled out of afghanistan and many now fee a return of the taro and i say sion according to a survey by a us Research Consultancy gallup almost half of all afghan women would leave the country if they could have a summer determined to fight for their rights at home. Working out his guys are young. Aris wife beating stress attacks occur on an almost daily basis in kabul where she lives its a city in a constan ....