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Cannons and make the first arrests under the new law and chief executive carrie lam defends the decision translator clearly the decision under one country send showed determination and prove on the system and shows the high degree of trust of the central authorities in the Hong Kong Government germanys jobless total rises by 29,000 taking the unemployment level to almost 3 Million People as activities contract in june airbus with jobs on the line as they tell staff the crisis is far from over. Bracing for a mighty battle. Welcome to the show, we are closely tracking some data weve had lower pm...

The dow is looking for about a 300 point gain right there at the opening bell. S p up about 34. Look at that nasdaq go. Technology is doing well, up 104 points. Thats premarket for the nasdaq. Now, lockdown winners. Clearly emerging. Lowes, the Home Improvement people, headquartered in North Carolina. Profit up 28 . We stocked up for the lockdown. Target, they really organized their online delivery and store pickup operation, lumped together under digital sales, up a whopping 141 . Walmart, same story. Stockpiling helped them, too. Amazon, kings of the online selling business. Boy, did they cl...

It may be modified a bit. Spending may be modified. The pattern of household spending. The California Academy executive director said federal aid is helping but not enough to prevent layoffs. It is a harsh reality and one of the things we do understand is that they hope to rehire if they can but theyre not alone in terms of the pain Stanford Universitys president announced in a letter today theyre possibly looking at layoffs and furloughs starting in july. It is a harsh new reality, jeanette, thank you. San ramon based chevron plans to cut 15 of the global work force. The layoffs come amid the...

Evidently investors like what they think they will see. 2. 1 million jobless claims reported about a half hour ago. That means 40,740,000 have been thrown out of work in the last ten weeks. Big number. Yet the economy is contracting at an annual rate now of 5 . Thats a big number. And orders for big ticket items absolutely plunged. Okay. Got all of that. But the dow jones average up nearly 1100 points in the last two days, going up again at the opening bell. Were looking at a gain of over 200 points right now for the dow, and the nasdaq is going to be down, down 80 points. That tells me big te...

Market. Thats the way it seems. Secondly, the europeans have announced a massive stimulus plan, close to a trillion bucks. Its really a bailout mainly for desperate italy and spain. Printing the money over there helps us over here. When that bell stops ringing and we start trading, the dow is going to be up, what, about 300 points. The s p will be up about 26 but the nasdaq on the down side. Tech taking a bit of a hit this morning. Who would have thought we would see this. For a second day running, the Airline Stocks are going straight up. Just look at that. In percentage terms, its a huge gai...