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Passing 5600. Meanwhile, the economy is being battered by the record 6. 6 million americans filing unemployment claims this past week. 10 million americans have asked for Unemployment Benefits in the last two weeks. And food banks across the country, they are struggling amidst the surge of people in need as a result of the coronavirus crisis. In washington, d. C. , speaker of the house nancy pelosi creating a House Committee to oversee the Trump Administration covid19 response. That committee will be able to subpoena the white house for records. The democrats saying now is the time to advance some of their priorities. Watch this. We want to include some infrastructure that directly relates to the coronavirus crisis. For example, clean water. We will do infrastructure. We need it big, we need a bold, and we ....
Pits today and buying anything that looked safe. Look how the dow is closing today. Down were waiting for the numbers to settle but down more than 600 points, to put is in perspective the dow down 655 points at its session low, and right now it looks like the dow will close in negatfor the year. The biggest losers this day were your banking stocks. Names like citigroup. Bank of america, jp mortgage, one of the issues there, these institutions become less profitable with Interest Rates this low. Travel and leisure stocks, also extremely hard hit. Priceline. Carnival cruise lines, royal care caribbean. American airlines, priceline down double digits. Why and they get 71 of revenue from europe. So a fright about people traveling to europe. The british pound earlier in the day, falling to a 31year low against the dollar. You have to go back to the mid1980s to find a price that low. The pound did rebound a little bit. It finished rough ....
Enthusiastic about the tumultuous decision. Shortly after the vote tally was completed, Prime MinisterDavid Cameron made this stunning announcement. I was absolutely clear about my belief that britain is stronger, safer and better off inside the European Union. But the british people have made a very clear decision to take a different path. And as such, i think the country requires fresh leadership to take it in this direction. Earlier, president obama expressed respect for britains decision to leave the European Union, an outcome he had personally campaigned against during a trip to london in april. I do think that yesterdays vote speaks to the ongoing changes and challenges that are raised by globalization. But while the uks relationship with the eu will change, o ....