Page 9 - Development Financial News Today : Breaking News, Live Updates & Top Stories | Vimarsana

More than 36 million have lost their jobs because of coronavirus. While congress has taken significant action, we must do more. On wednesday, Federal Reserve chairman jay powell urged congress to think big, address this crisis. The heroes act is a bold step to provide that support and ensure our nation meets the challenge of the pandemic and the ensuing economic recession. Within the appropriations division, this bill deploys more than 1. 5 trillion in federal funds to address this health and economic crisis. First, the bill delivers nearly 1 trillion to states and local governments so that th...

50 billion to make people feel confident and safe that they can go back out and they can say reopen, reopen but if they are afraid to go out there i want to start by acknowledging the horrific tragedy in minnesota of george floyd that is absolutely tragic. That video that we saw that i saw in them asap saw and that the president saw in the president put out a Statement Last night that at his request the fbi in the apartment of justice are already well into an investigation as to the very sad and tragic death in minnesota of george floyd. I have asked this investigation to be expedited and grea...

And greatly appreciate all of the work done by law enforcement, my heart goes out to georges family and friends, justice will be served. I can tell you as im briefing you at this moment, the president is receiving a briefing from the attorney general, bill barr, on this, and the Deputy Director of the f. B. I. That is ongoing as i begin this briefing. Secondly i want to transition into some news from s. B. A. And treasury that was announced that today the u. S. Small Business Administration in consultation with the u. S. Treasury department announced it is setting aside 10 billion of round two...

Hold on. This is a tease. Stealing the thunder already this thats right, we are going to talk about this in just a moment anybody still on radio has to wait a second. Take a look at the futures this hour dow futures down about 170, s p off by 2 and nasdaq down by 81. Yesterday, nasdaq down about 1 . Crude oil prices, lets check that quickly we had been watching that contract build up. The july contract build up to just over 34 yesterday. Lets call it even at 32. Then there is the treasury market weve been watching youll see the 10year note has been yielding 0. 64 . A little pressure there too....

About with joe, andrew and becky and the degree to which walmart can post a 74 increase in ecommerce it looks like the big guys won. You basically had them cordoned off as essential services. So many other companies, little companies, medium, small, just couldnt compete this is what happens when you have a survival of the fittest economy. This is darrwin playing out. These numbers are astounding if the stock had not run up every day, i wouldnt know what to do. Add back 60 cents for home depot and before you start selling it thats the costs they said home depot had to keep traffic back they had...