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Its worst 2nd quarter period on record for the previous worst quarter contraction with a 10 percent drop during the Eisenhower Administration in 1958 but these records dont date back to the Great Depression while hopes one day old on that v. Shaped recovery is Consumer Spending which actually accounts for about 70 percent of Economic Activity it brought down the g. D. P. On wednesday the Federal Reserve chairman powell warned of the lasting damage to the economy of this expectation. Even with the improve Economic News in may and june overall activity remains well below its level before the pan...

Plunged 32. 9 percent on an annual basis in the april through june quarter this is its worst 2nd quarter period on record for the previous worst quarter contraction with a 10 percent drop during the Eisenhower Administration in 1958 but these records dont date back to the Great Depression while hopes when told on that v. Shaped recovery is Consumer Spending which actually accounts for about 70 percent of Economic Activity it brought down the g. D. P. On wednesday the Federal Reserve chairman powell warned of the lasting damage to the economy of this expectation. Even with the improve Economic ...

Scandal. Government buildings are being targeted. 2020 race with less than 100 days to go to election day, major Bernie Sanders supporters say they cannot get behind former Vice President joe biden, former United Nations Ambassador Nikki Haley will join me on more on 2020 race. Bringing critical supply chain back to america. Assistant to the president for trade and manufacturing, pete navarro with big announcement coming up plus latest tensions with china. Folks on earnings this morning, we will hear from 3m, mcdonalds. Jetblue among the names reporting before the name this morning. Futures se...

Europe is different than america. The 12 number is equivalent to number yesterday in the United States. It is showing tension in europe as well. Friday low on this is it absolutely extraordinary . Francine i feel like we have not had a quiet newsday on a friday in quite some time. E had quite a lot of earnings quite a lot of politics with the latest declarations by President Trump, and there is just quite a lot overall in geopolitics as well, so we will get through that in a second. Thats get to the first word news with ritika gupta. Ritika good morning, francine, tom, Senate Public is want to...

Unemployment and he did not talk about a payroll tax cut. We know many top gop senators are not big fans but lindsey graham, a republican close to the president said he had dinner with the president last night where they discussed the tax cut and that he will be fully supporting it. He did not make those top line priorities that mcconnell laid out this morning is it fair at this early stage to argue that for mcconnell the red line is liabilities protections . That is right, i should have mentioned that as well, carl he said that is essential that businesses and schools can open up safely and a...