Abuse claims against boy scouts of america. We speak with one of the more than 82,000 accusers about what allegedly happened and what needs to change. And a miraculous recovery of a hiker found unconscious on mt. Rainier. How he lived to tell us the story after he was on the brink of death for 45 minutes and doctors revived him. First, heres todays eye opener. Its your world in 90 seconds. We really are in a critical situation today. You must physically distance when you cannot physically distance, Everybody Needs to wear a mask. The u. S. Has now passed 11 million coronavirus cases. You think it would be a good idea if your team would be able to work with the Biden Harris Transition Team . Thats obvious. Of course, it would be better if we could start working with them. Ill help them in any ways that i can. Now, im not planning to suddenly work around the white house. No cabinet position for you . Probably some things i would not be doing because michelle would leave me. Shed be like,
And subcommittee on Global Competitiveness will come to order. I know this seems a little strac strange with an empty room except for three witnesses live in front of me and many of our colleagues are going to be joining us virtually. But i want to welcome all of you nonetheless to this important hearing. This subcommittee continues to do its work in exploring the unfair trade practices of foreign governments, especially china and russia. The topic of censorship in china is a common one because it is growing effect on business in the United States as well as culture. Last fall, for example, the National Basketball association had the Market Access blocked in china because an individual american citizen using a media platform not allowed in china expressed a political opinion. Now the topics have become more manufactu important. The timely information about the spread of covid19 due to chinese censorship has contributed to the havoc wreaked on our economy and health and indeed the pande
Merely dealing with partisan gridlock the dow inched up two points and the nasdaq jumped 1. 12 , this i what we have to think about. Six months ago it looked like the world was ending everyone in congress had a reason to reach a compromise both sides have an incentive to be more stubborn they get to blame each other in the runup to an election but as Speaker Pelosi told me this morning, the deal is still on the table. I took her full statement as a sign getting a deal done could be extremely difficult im saying this purely in micah pasty as your investing coach without a stimulus deal, there will be a ton of private company losers and could be a much worse place a year from now if we get a vaccine by the end of the year too many struggling Small Businesses cant wait that long. Now if you got a white collar job you can do from home you may not realize how bad it can be. The future is fine for anyone that can work from home whether we get another bailout or not. For millions of americans
Health order. Hair salons have been closed since march. Only today are they allowed to Begin Operating outside. A bay area attorney who has sued californias governor to allow salons to reopen is outraged. I represented a lot of hair salons in california that have begged the governor for the right to open safely. They have not been allowed to do that, but i guess if your name is nancy pelosi a different set of rules applied to you. Reporter in a statement, the Speakers Office says pelosi always wears a mask and complied with local covid requirements. The business offered for the speak to haer to come in on mond toll her they were allowed by the city to have one customer at a time. They say she should have known better. Thank you, jean. The coronavirus is casting a shadow over yet another holiday weekend. With labor day approaching state legislators are repeating the distancing measures they gave before memorial day and the fourth of july. With so many beaches and parks closed they worry
Side 59 minutes heft in the session. Ahead on the todays show, within striking distance of the lows, Liz Ann Sonders weigh in on whether it is too late to get into the market rally. Plus, well speak from twillio ceo. Think lost steam on the back of the earnings and a stock offerings. Lets focus on the big stories joining us to talk stimulus in the Capital Gains tax is Chris Krueger. But first, mike with you and the Broader Markets. Stepping up a little bit from the highs. We have they make a very near approach to the closing highs from february about 3383. Right now somewhat lower than that this is a twoyear chart of the s p 500. Still doesnt look like much of a moderation in the trend. The v bottom off that december 28 nl lth low, we did get abovee prior september high we had a little followthrough for a new high then the occasion for really the first decent pull back of that run. Also very big moves in treasuries and gold. A lot of the hot money having a little bit of a violent day t