About how trading does and should work. Stocks were significantly up today after the biggest selloff in three months wednesday. The dow surging 300. S p 500 up 37. Nasdaq gained 67. Lets find out what this means for you and your money. The story of gamestop is a story about Institutional Investors versus a lot of little guys all making similar trades. Kristina partsinevelos of fox business joins us from new york. Good evening. Good evening. Its a rebellion between the Retail Investors and wall street. Its got a lot of people worried. Congress, sec, treasury secretary janet yellen. They are going to be monitoring the stock swings as well as trade restrictions. You have Companies Like gamestop that are used as a weapon. You have large, big hedge funds that noticed things werent going so well with gamestop. People werent going to stores to buy a lot of these video games so the big hedge funds shorted the stock. They bet the stocks would fall. Smaller retail guys banded together in online
How have you been. We call ourselves partners in crime. That we are not going to talk about the crime part of it, just to the partner part. What has been interesting since ive been in the position of library of congress is the fact that people ask me what does the National Archives do. What does the archivist do a and then theres a confusion around the history and the role of each of the institutions, and ive learned a lot about that even in coming up to reclaim the declaration of independence, the bill of rights. We call it the constitution. And that was held by the library of congress and the type of thing. It wasnt until the 1930s the United States got serious about its records. Iwas Franklin Roosevelt was passionate about records and that we actually created and he signed the legislation that created the archives. The charters had been in the custody of the state department independent of library of congress when the archives building was built, a beautiful tabernacle was created f
Online classes. It is one of 10 Largest School districts offering some inperson instruction. All others are st onlinepers fulltime, mostly in the south. The patchwork of plans nationwide is spurring debate and division. We want schools trom. Reporter elcart, indiana, scrapped its learning plan hours after parents protested. With schools starting online instead of of a hybrid plan. This chicago mom worries her 6yearold daughter, hazel, will have too much screen time and too little socialization. I know if she goes to Virtual Learning fulltime, it is going to be damaging to her forever. I just dont want to do that. And it is its sad. Reporter nationwide, parents are somewhat split. In one poll, 44 surveyed say it is safe to send children back to school. But 56 do not. It is skewed among teachers. 82 are concerned about inschool instruction. Remember this photo of a crowded hallway and few masks at a georgia high school, well, six students and three Staff Members have tested positive. In
A major drop to start the day over fears of a 2nd wave. Our experts if we should just get used to this kind of volatility in millions of people are unemployed and facing uncertainty due to the crown a virus that includes the over 40000 food line workers believed to be stranded abroad we have a show today so lets go and dive right in. Bubble markets are slipping out concerns grow over a possible thought that wave of coven 1000. 00 will beijing reported a cluster of new cases after nearly 2 months without new infections will chinas capital reinstated some restrictions including security checkpoints while both schools and sports venues also closed after an outbreak tied to a huge market well this comes as south korea also continues to see a rise in new cases. Since the government has not enforced stricter social distancing guidelines. Youre very concerned that spreading. In the metro area in the virus is spreading particularly through your centers and nursing facilities which is Senior Ci
Color, irrespective of party affiliation. We are one america. And lets try to act that way. And i close this briefing. Thank you. As that herring comes to a close, lawmakers discussing how the Veterans Affairs department, this is a live hearing getting under way now on cspan 3. If covid19 turned into a pandemic and portions of the United States Health Care System broke down the va may need to come back and ask for additional funds and since then congress has appropriated 17. 2 billion for vhas covid19 Pandemic Response and i was glad to help advocate for that funding. Now im not sure that many of us here on the dais know what to expect during that february hearing nor did we fully grasp the enormity of the Public Health challenges americans would soon face from the pandemic. This is largely because the administration failed to recognize these risks and communicate them to the American Public in advance of the crisis. Here we are a little more than three months later and exactly 90 days