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Way today, but things are looking a lot different due to the pandemic. And while people will still head to the stores, it is Online Shopping that is getting a major boost. The National Retail federation says online and other nonstore sales will jump between 20 and 30 . Total sales are expected to be as high as 218 billion. Naomi ruchim is outside of a best buy in new york city. Naomi, good morning. Reporter good morning to you, tom. Yeah, despite the economic fallout from the pandemic, experts predict that consumers are still optimistic about the economy and we will start seeing that this Holi...

Power lunch starts right now the s p 500 briefly dipping below 3,000. Bob has more on todays sell off. This is a very interesting day because its complicated we had a 70point swing in the s p 500. Wii right on the verge of going positive its not simple to say this is a day when the cyclicals started rallying the market is bit unsure of what to do. Just take a look at the dow leadership here. You say, look at all these industries rally here. 3m is up boeing is having a good day. Were seeing the other stocks. Raytheon is on the upside. You say the cyclicals are doing well thats not really the ca...

Drug failed in trials. Good afternoon afternoon and good evening, good morning. This is viviana , this is bloomberg surveillance. First thing is first, this is what your markets are doing. A lot of the focuses on earnings. A lot of the focus yesterday was the fact that we saw this blunder through w. H. O. Leaking. We understand gilead and the impact we saw on the markets because the trial was not as successful as a lot of people were hoping it would be. Overall, your markets are also focusing on oil. Touch today, west texas actually extending the recovery, treasuries climbing with the dollar, ...

Coverage. Blake burman with the latest from the white house, Lauren Simonetti is watching the markets and Edward Lawrence is in washington. Lets kick it off with edward. Reporter exactly. Chairman Jerome Powell, Federal Reserve keeping Interest Rates where they are foreseeable future. Federal reserve chairman Jerome Powell said the coronavirus had Significant Impact on Economic Activity, employment and inflation, further lowering expectations. The Federal Reserve chairman believes well see doubledigit unemployment when the next Unemployment Rate comes out. He backed off saying there would be a...

Brouilette will deliver remarks. Good morning, we have seen time and again how technology has transformed our lives and unleashed new challenges and opportunities as we think about a new future for the United States. 2003 was a period of change, 17 years after our founding, our Council Members recognized that the nation stood at a particular inflection point. We needed significant change to enhance our innovation capacity and that led to the pioneering work of our National Innovation initiative. Another 17 years later, here we are again, finding ourselves at transformational change. Throughout...