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Im brian thomas thanks so much for joining us today on the 1st of july germany will be assuming the presidency of the council of the European Union now this means that until the end of this year germany will chair the meetings of the council and will be tabling e. U. Legislation this morning on a macro will set out to the German Parliament her vision for europe and where it should be heading were seeing some live images right now for from that session thats just getting underway at the bundestag at this hour. The president of the german bund a cycle of gong show you blow will be addressing par...

Casey pennsylvania and bill cassidy of louisiana discussing the impact of coronavirus in Nursing Homes. They look at the need for increased testing and adequate medical supplies for longterm care facilities. Hello and welcome to an axios Virtual Event. I mike allen, cofounder of axios, and welcome to my home in arlington, virginia. Im right across the bridge from georgetown and at 76 degrees in here because i dont know how to fix my thermostat. Todays axios Virtual Event is on a topic that hits very close to home to me, and a no for a lot of people in the audience. Id like to thank aarp for ma...

Have a 6 pack show today so lets dive right in. And the United States has officially entered a recession in february of this year ending 128 months of economic expansion which was the longest run in more than 150 years according to the National Bureau of Economic Research now the announcement from this organization comes much earlier in a recession than they generally like the any b r wrote about the situation saying the unprecedented magnitude of the decline in employment and production and its broad reach across the entire economy warrants the designation of this episode as a recession even ...

The europeans today. Their central bank will pump trillions into the euro zone economy. Thats called stimulus. Investors like it. So the dow is going to be down maybe 100. S p, 17. The nasdaq, about 26. Thats not a big pullback after yesterdays big gain and this weeks very big gains. Opening up the economy, thats a big deal for investors. This week, many theme parks and vegas casinos will open up again, albeit with limited capacity rules in place. And gms Ceo Mary Barra says auto plants will be back to previrus levels by the end of this month. Opening up, very important. Heres what you are wak...

Gain i think im looking at the right place, nasdaq composite, up 1. 5 . We are doing well this morning. Now look at this. Novavax started phase one trials of a vaccine with human participants. Results expected in july. Big stock gain. By the way, the ceo will be on the show today in our 10 00 hour. Merck are working with an austrian vaccine maker and they have established partnerships with others in the field. Merck is a dow stock and it, too, is on the upside. 3. 7 higher. Heres the bottom line. There are hopes that a vaccine may be developed more rapidly than thought possible. All right. Im ...