Still at home, eating out less, working less then before covid19. The economic fallout is putting pressure on lawmakers to get a new stimulus deal done, but so far no agreement has come from d. C. Europe still feeling the pain. Now it is a new hotspot for coronavirus cases, surpassing the u. S. Six months into the pandemic the recovery feels so far off. On an objective level standpoint, we are a long wait from the employment way from the employment levels we were at precrisis. The pace of job growth in particular, more evidence that is slowing down. This is every week of unemployment claims since the crisis began. If you look at the last five aeks, we stopped improving on sequential basis. These are high numbers. Over 800,000 per week, well higher than the precrisis level. We want to see them come down. Evidence that people are suddenly going back to work. Not showing up by this measure. This feeds into the general idea of consumer sentiment. That Bloomberg Consumer comfort index comin
Again. We will move as quickly as we can but should we not be able to accommodate every member in person today, we will be accepting statements for the record until thursday, april 30. This important hearing i want to mention the chairwoman has been in our thoughts and prayers we wish you nothing but the best as you recover. Small businesses and entrepreneurs play a Critical Role within the american economy. Not only do they employ half of the nations workers but created two out of every three new jobs in the nation. You only need to take the poll from main street america. It is demonstrated Small Businesses and employees and the Response Congress created with a Paycheck Protection Programs with as many Small Businesses as possible during emergency. A low interest loan can be forgiven if used for payroll and Small Businesses have a tool available to assist them as they weather the storm experiencing extremely high demand and within a two week span all the money was exhausted i devote m
Again. We will move as quickly as we can but should we not be able to accommodate every member in person today, we will be accepting statements for the record until thursday, april 30. This important hearing i want to mention the chairwoman has been in our thoughts and prayers we wish you nothing but the best as you recover. Small businesses and entrepreneurs play a Critical Role within the american economy. Not only do they employ half of the nations workers but created two out of every three new jobs in the nation. You only need to take the poll from main street america. It is demonstrated Small Businesses and employees and the Response Congress created with a Paycheck Protection Programs with as many Small Businesses as possible during emergency. A low interest loan can be forgiven if used for payroll and Small Businesses have a tool available to assist them as they weather the storm experiencing extremely high demand and within a two week span all the money was exhausted i devote m
Committee on Small Business member states, hearing on response, we had a hard stop, we could move as quickly as we can and could not accommodate every member in person today and we are accepting statements until thursday april 30th. Today is a chance for the committee to hear directly from members of congress about thoughts on the covid19 response for the next package to Small Business issues for the committee of jurisdiction. I would like to remind everyone we are practicing social distancing and taking other precautions for all in attendance. I appreciate your cooperation so that we can protect ourselves and our hardworking staff. Three weeks ago when congress created the Paycheck Protection Program we did so with the goal of providing a lifeline, the program experienced Unprecedented Demand and proven successful, helping more than 1. 6 million entities to support employees. As a result we will be replenishing the Program Later today. While we are moving quickly to provide an additio
President elect Donald Trumps cabinet picks general james mattis taking the stance on key issues, including russia and iran that is different from the president elect. What it could mean for National Security coming up, a Police Officer ambushed shot beaten a hero drive to his rescue details on this incredible story coming up, and a scare in the sky, two Alaska Airlines flight attendants getting sick from unknown powder onboard the latest on their condition coming up, takata to plead guilty over exploding air bags to pay broufl one billion dollars to federal Justice Department probe Bank Earnings season under way today, j. P. Morgan Wells Fargo Bank of america to report ahead of open the set the tone weve got numbers as soon as they hit the tape will drive Market Action futures indicating a higher opening this morning for broader averages see what bank numbers say how that changes Dow Jones Industrial average expected up 25 points, today, check out european markets gains have to mornin