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In addition to the markets with fox Business Team coverage and our reporter stated by blake burman on the white house northline and Lauren Simonetti and Edward Lawrence from washington, we begin with you, this is been a choppy session. Her reaction was key and i think its going to continue at least through the election as volatility, we had another session of pretty severe swings, over 300 points from high to low, not only on theyre down but also on the nasdaq. And the rally that we had at the open its baited the close once again because tech reverse gains once again so wayne on theyre down, salesforce and apple and the other mega caps stock that has such outsize market caps, they were done today and this week, look at this apple down 7. 5 on the week and netflix down 7 . Their losses were pretty severe and as for the major averages overall selling offer week number two, the nasdaq worst week since march right before the pandemic down 4 , the dow and s p 500 finish today in the green but there around 2 for the week. It is surprising today that some of the names that have immensely benefited from lockdown and work from home, big time at the open but fizzled out the clothes, the capella town down four and a quarter percent. Amazing numbers from the quarterly report, the competition is growing from traditional but to also cheap. Kroger down 1 , they have to keep the momentum going, they are invested in digital and delivery and not waiting on their margin. Many of these evaluations along with tech overall in the nosebleed section, everybody is coming back down to earth right now, we are in september and have an election. Back to you. All that is true and interesting the way things closed out. Melissa wall street heading back into the office, President Trump praising the news that j. P. Morgan chase is going to bring staff into the building later this month and Edward Lawrence is in washington with the details. Life is coming back to new york city, something that bill de blasio would like to hear that banks are starting to bring back their employees into the building, were not talking about a lot of people but j. P. Morgan chase says they will bring back senior managers in their sales and trading division, they will bring them back to the building and it affects workers only in new york and london, the president congratulating the bank saying working in an office will always be better than working from home, this could be exactly what his economic advisers are saying about life coming back in the economy. The great news here is that businesses are reopening and the economy is moving forward at a rapid, probably than gunter better than folks thought. That is a great news and that will continue. New york has been closed for three months in the last three months have been some Economic Activity with a push from the bottom up to do more, brinks bringing workers back and part of Goldman Sachs telling employees it will allow workers to return to shifts, and shifts over the next coming weeks, they sent a survey to workers to see what they think about returning in october, Deutsche Bank making arrangements for parttime office work when the pandemic ends. These companies devalue and having that work back in the office as the economy opens up, this can be a glimmer for the future as they want to handle the demand when Economic Activity really starts to ramp up. Back to you. Melissa thank you. Connell lets talk about it with steve moore the Freedom Works economist, always good to see you. I take away its not a ton of workers coming back but some of the wall street firms led by j. P. Morgan will be back in person, how important it. I agree what you heard from larry kudlow, this is been an amazing recovery on the last four months, i dont think anybody wouldve expected certainly official forecasters in the economist thought the economy would be a much worse place than it is now. It is also true that it gets tougher, the first 10 million jobs back have been pretty quickly but 10 million more to get back and that will be a bit more of a slog i believe but the direction is positive and i think thats going to be good for trump from november. A couple of things to take apart, one i will pick up on is a knockdown or knockoff effect of workers coming back in the whitecollar jobs, wall street others, they are going to be made that certainly some of these companies can be more efficient and from Technology Working from home and they save on cost and the like, then you think about the real economy and theres a bagel store thats going to get a lot more business of people working or the coffee shop guy or whatever the case may be people going out to lunch in the Economic Impact of these people going out in person, how important is that. The economy is going to be prudently changed from whats happened in the last six months, i dont think theres any question about it. Many of us have learned how to work pretty efficiently in our home offices, that means obviously that the commercial, especially the office space rental market is going to be horrible for the next at least couple of years because i think you may see people saying we dont need to have office space, we can have people working efficiently from home, how long will it take for the Airline Industry to get back, i was at the airport yesterday and boston and washington, d. C. And it was like a ghost town, nobody was around, how long will that take, 18 months for people to get back fly near the norm, there are a lot of industries that are going to have to take substantial reduction in employment as a new economy emerges but then you have technology companies, why do you think nasdaq has seen alltime highs, i know its been a downturn the last couple of weeks but these numbers are fantastic, what youre seeing is a readjustment of the economy towards the gig economy. Connell i cannot get out of my head that were having this conversation on september 11 and maybe that cloud to a little bit or has that taught, the stories at the time will new york ever bounce back, i remember being on wall street the date everybody went back to work, all those times of things. I understand its different on you talking about the economy being transformed and shaped by the last six months and people were saying things would change then and obviously they did but economically we did bounce back. Heidi compared the two from an economic perspective. The other thing related to what youre talking about is a geographical shift going on, you may have seen the news that a thousand people every day are moving into florida right now, 500 people every day are moving into texas, where are they moving out of, there moving out of chicago, there moving out of minneapolis, new york city, cities have done Severe Damage by refusing to keep their streets save safe from criminals and riders, the other problem people are much for hesitant to want to live in very population dense areas, people are worried about what is the next pandemic, will there be a second wave, the way we live our lives and where we live could be change for the next five. Ten years if not longer. Connell that could be the difference between now and then, we will talk more about that in a few minutes. Always good to see you. Back over to you. Melissa jamie dimon change and ive no doubt about that, historic breakthrough, President Trump announcing a peace deal between israel and by rain today, lets go to blake burman live at the white house with the details on the story. Perhaps we are seeing a domino effect occurred in the middle east as President Trump announced another peace deal in that region today, this time between israel and bahrain, they will have full diplomatic relations, trade relations, et cetera, the announcement comes after last months peace deal between israel and the united arab, President Trump calling this a historic day and feels that this could potentially be the beginning of a big shift in the middle east. I see things positively happening with iran, that can all work out very well and i think so many great things are going to happen and then we can also discuss the palestinians, i think the palestinians will end up doing something that is very smart for them and all their friends are coming into this and they want to come into this. Israel bahrain israel in the uae last month, the leaders of israel at washington, d. C. Specifically at the white house next tuesday to sign that piece of court. Melissa any other time this would be huge news, unbelievable news, connell. Connell under pressure, we have a new warning from mayor de blasio and it comes from new york city Business Leaders, they have thoughts on how to get the city back on track, we will talk about that plus the future value of an nfl team, were breaking on the coronavirus football money, that is coming up and no demand of the pandemic for a lot of businesses, from a drycleaner business in the state of illinois that is fighting to stay afloat, stick around why dont you call Td Ameritrade for a strategy gut check . Whats that . You run it by an expert, you talk about the risk and potential profit and loss. Couldve used that before i hired my interior decorator. Voila maybe a couple throw pillows would help. Get a strategy gut check from our trade desk. Im a verizon engineer. And im part of the team building. A powerful 5g experience for america. Its 5g ultra wideband, and its already available in parts of select cities. Like los angeles. And in new york city. And its rolling out in cities around the country. With massive capacity. Its like an eightlane highway compared to a twolane dirt road. 25x faster than todays 4g networks. In fact, its the fastest 5g in the world. From the network more people rely on. This is 5g built right. Only on verizon. The big events are back. Xfinity is your home for the return of live sports. Melissa urging new york city mayor bill de blasio to fix the big apple, like its his job or something, leaders from 150 big businesses are calling for more Decisive Action to hold the city decline in a letter to the mayor they wrote we urge you to take immediate action to restore essential services as a necessary precursor for solving the longterm complex economic challenges. Here now is steve forbes, forms media chairman, little bit color on that, this assigned by Business Leaders across the board, not republicans, this was from the wnba, they began, the nasdaq, macys, huge long list and they said we cannot come back into the city, we cannot bring our employees back, we cannot go into our real estate, your city is collapsing because of the homeless problem in the Public Transit system is filthy, the city is dangerous and you need to do something or else we cannot bring our workers back, what are you thinking, his response was lets be clear, to restore city services, we need longterm borrowing in a federal stimulus, we need these leaders to join the fight to move the city forward, even though this mayor is spending more money than any mayor in the history of the city and the city is in horrible shape, it is just more money that is standing in between him and fixing things. What or your thoughts. As you point out the city spends tens of billions of dollars a year, its not a lack of money its a lack of leadership with the mayor and others who put the handcuffs on the police and allow this spike in crime, its a man who refuses to do anything about the shelters for the homeless, the mayor who is guiding the schools, teaching the garbage and it is the mayor who refuses to let restaurants do indoors, theyre finally going to do at the end of the month, only 25 , that shouldve been done two or three months ago, you have an industry that employs 300,000 people before coping and the mayor dragged his feet on trying to let it come back to life a little bit, you see an Entertainment Industry which employs 400,000 people before covid, theyre not going to be allowed to come back to life until maybe sometime early next year, its bad leadership, malicious leadership, i dont understand what he has against restaurants but there is an animus there and hes twiddling his thumb saying give me more money while they waste the money that they have, earn the money first, so you can use it effectively. Melissa in fact he spends double the amount on homelessness that his predecessor did and in that amount of time weve seen homelessness triple, i dont understand that math, first of all he wants to blame the economy and we had a booming economy as from homelessness expanding and storefronts were emptying, even though all around the world the economy was expanding and he says he wants a gift for longterm financing, the truth of the matter there is window opening and he could borrow that money today but he does not want to have to pay back, what do you think about that. Who would not want free money, he just feels that money from a printing press, and it creates resources and government does not create resources, people do it and hes absolutely oblivious to what makes the world work. He does is smoking on the side, three hour lunches, worked out in the gym and he does not fiddle why the new york city burns effectively, same thing he stands idle in the city goes down and the good thing about the 150 businesses saying this, it sets the stage for his successor, whether andrew cuomo has encouraged to remove him and get somebody else in there or wait till next years elections, this sets the stage for civic revival, we have seen this in the past when newark fell apart, 1970s and 80s in private and Public Partnerships came together, reef revived park union square, bryant park, all those were initiatives coming from the private sector with cooperation from the Public Sector help revive a devastated city back then and were seeing the signs again, by the way the restaurants you see on the sidewalks of new york that came from architect that went to the city knew what strings to pull to get not only permission but the way in which you could feed more people, tens of thousand people are eating in new york that would not happen if the architect had not come forward with a way to do it. I think the people of new york will be reviving the city, i know im on a family channel, nonleaders like bill. Melissa he is such a jack ass, it makes me so mad at my Blood Pressure cannot take it. While youre here i want to ask you about lululemon, its under fire for promoting online workshop, resisting capitalism while selling yoga pants for more than 100, the company telling foxbusiness. Com that the event is organized by one of its ambassadors, it is not their fault, its not a lululemon form and it does not represent the companys views, lululemon removed the post following the criticism but how hilarious is it, that theyre having a class on anticapitalism while theyre charging you 100 bucks plus for a pair of pants and their great capitalist story themselves. People asked online if youre capitalism why are you against nonprofit, why are you using sweatshops to make the material and things like that. Lululemon, sadly seen Silicon Valley and elsewhere, people who should know better who have done well with the system that we have cannot connect the dots of what makes their prosperity possible, the indepth endorsing policies that are undermining it look at europe and what socialism has done there, growth rate is a fraction of the u. S. Not to mention what you see in cuba and north korea and iran and elsewhere, i just wish these people could learn to connect dots, maybe we give them playbooks for kids and they could connect ideas, what makes possible your wellbeing and wellbeing of others. It is freedom hello. There being intellectually dishonest. Steve forbes, thank you. You are being kinder than i would be. Connell i think we just got steve forbes to talk about yoga pants. Kind of but not really, anyway. In a moment a Major Airline preparing for a rebound, jetblue, 24 new nonstop routes, this is aimed at immediately generating cash for jetblue, they added the new flights will cover regions that a Company Anticipates increase for demand for leisure travel. At least theyre anticipating that, separately it will extend the waiver on change fees all the way through next year through february the 28th of 2021. Well be right back. Sure. Okay. Okay safe drivers save 40 guys guys check it out. Safe drivers save 40 safe drivers save 40 safe drivers save 40 thats safe drivers save 40 . It is, thats safe drivers save 40 . Hes right there. Its him hes here. Hes right here. Hi hi. Hey thats totally him. Its him thats totally the guy. Safe drivers do save 40 . Click or call for a quote today. Look, this isnt my first rodeo and let me tell you something, i wouldnt be here if i thought reverse mortgages took advantage of any american senior, or worse, that it was some way to take your home. 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Well, that investment can give you taxfree cash just when you need it. Learn how homeowners are strategically using a reverse Mortgage Loan to cover expenses, pay for healthcare, preserve your portfolio, and so much more. Look, reverse mortgages arent for everyone but i think ive been round long enough to know whats what. Im proud to be part of aag, i trust em, i think you can too. Trust aag for the best reverse mortgage solutions. Call now so you can. Retire better connell back on september 11 on the presen president ial campaign pause President Trump a Vice President biden travel to shanksville, pennsylvania honoring the victims of the september 11 terrorist attacks in Hillary Vaughn is there from the flight 93 Memorial National park. Today americans are united in their grease and their gratitude in remembering the courageous acts of heroism, 19 years ago today that changed the course of history, the president retelling the story of what happened on united flight 93 when passengers on the plane took on terrorist stopping an attack on the u. S. Capital the save countless lives, the president saying they sent a message to the world that america is a land worth defending until the very last breath and that is what is on board flight 93 did. Nothing could prepare them for the dreadful events of that morning but when the moment came, when history called they did not hesitate, they did not waver, together they charged the cockpit, they confronted the. Evil and in their last act on this earth, they saved our capital. Todays ceremony was closed to the public due to the pandemic but one thing remains the same, the ringing of the bell of remembrance hung in the air as one by one the 40 names of each hero on flight 93 were honored and today the democratic nominee joe biden pressed pause on politics to make today about the memory and honoring those who lost their lives and in the picture it really says it all the former Vice President in the current Vice President mike pence sharing a moment before the Anniversary Ceremony at ground zero, biden followed the president s visit to shanksville, pennsylvania to pay his own respects and be with the families of those who lost loved ones. When youre in a situation where you confront it in the process that you no and its about to be with elections costing your life, thats an incredible thing. Biden wrapped up his visit stopping by a local fire station, those first on the scene at the side of the crash on september 11, bidens campaign intended to pull all of their ads down today in honor of september 11 but some did accidentally air including ads in pennsylvania. Connell Hillary Vaughn and shanksville, pennsylvania. Melissa california firefighters are battling the biggest wave in the States History as dozens of other major wildfires burn up and down the west coast, we are live on the scene coming up, the return of the nfl sparky new question about the Pandemic Impact on teams valuation and what it could mean for the future of the game. Expanding its footprint in the northeast, papa johns says it plans to open up 49 new locations and the next eight years as sales surge during the pandemic. Im hector. Im a delivery Operations Manager in san diego, california. Weve had a ton of obstacles in finding ways to be more sustainable for a big company. 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Can we go and play . roaring of engines i needed to try needed to fall i needed your love im burning away i need never get old look limu someone out there needs help customizing im burning away their Car Insurance with liberty mutual, so they only pay for what they need. False alarm. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Connell kicking off the first weekend of the nfl season, we are following the money, teams preparing to go headtohead as a franchise because of the future value amid the coronavirus pandemic, here with us Peter Schwartz from a new organization, the sports evaluation and legal reporter. I do want to talk, thank you for coming on for the potential impact of the condemning, your your own system of valuing these franchises which is interesting, let me start with that in terms of how you come up with evaluations, youll see the top five teams that you value and the cowboys are number one and a lot of the list value the cowboys and the patriots, rios, the jets and the giants, let me pick up the cowboys, the jets and giants new york market, i want to talk about the rams in the patriots post tom brady but the rams, they were in st. Louis, that shows you what a move can do and how highly valuable they are. Thank you for having me, i really appreciate it and youre exactly right, the new stadium, the market and what the rams ownership led by stan has done with the real estate, not only is it the state of the art stadium that is opening this week where the revenues are expected to skyrocket but at the same time is 298acre mixeduse commercial development that leverages the team to get into all sorts of related businesses that are really going to drive the team value up. But last season the rams were 26 and revenue, this season or especially next season hopefully if things are back to even, they will be in the top two or three for sure. Connell what about the patriots, brady leaves to go to tampa, all those years of winning with new england, number two is that a spot that could be in jeopardy in the next few years, how about the outlook . There jeopardy of losing the number two rank is because of the rams descent, it would not be because of diminishing value, you mentioned that we do the valuation a little bit differently, the key thing that we do is different from anything else out there and looking team related businesses and team related real estate. The patriots are great example of that, they own nearly 1000 acres around Gillette Stadium called patriot place, Retail Development that harnesses the team and their one of only four teams, the rams being another in the success that they have had with tom brady has positioned them to continue on that project tree, the real question what happens with the tampa bay bucs now that they have tom brady, their rated seven, 2. 3 billion, how much could they grow . Yes, how long can they keep them healthy. Hes 43 years old now, theres a big difference between the rich and the poor in the nfl that does not get publicized as much and were talking about how much parity but the cowboys are 6. 4 billion in bengals just over 2 billion. Now that we got to the pandemic, what would you say as we look at the lower value teams about who is in the most jeopardy, who might get hurt the most by a different year in terms of how much money people are bringing in. It is a great question, the answer might not be as obvious as you might think, the lower teams rely on National Revenues for upwards of 70 75 of the revenue, that is the money generated from the leagues television deal, and six teams have more than 70 of the revenue that way, more of the mid tier teams where they rely on the National Revenue for about 60 of the revenue, it will feel the effect a little bit more. Connell that is interesting whats an example of a team like that that you would say that they really feel it. I would say the cleveland rams, i think they are right at the top, but there example of a team that is close to the League Average is 60 of revenue being generated nationally in the right around there, as for the bengals, you mentioned the 32nd left in the ranking in their 73 , i think its the teams that rely more on the local revenue and obviously the top of the list they rely most on their local revenue but a little bit better positioned by virtue of having such sensible businesses and so many different ways to generate cash for it. Right, a little bit of a cushion in the real estate as you talked about, really interesting, check it out as portico, peter. Melissa joining forces to find a cure, the marks the 30th Union New York city race for the cure, thousands of people gather in central park with one shared goal to fight Breast Cancer, this years race and they will look a little different, gerri willis is spearheading the campaign after fighting her own battle with the disease and she joins us now. Thank you very much, one in eight women will face a diagnosis of Breast Cancer sometime in their lifetime and four years ago it was my turn, my doctor told me april 28, 2016 that i had stage three lobular Breast Cancer, it took me months to accept the diagnosis, i went into physical therapy, enjoy the countryside with my husband and brother and finally made my way through weeks of daily radiation treatment, i was so engaged we ended up decorating the radiation room for christmas and in the years since ive help the folks in Greater New York raise money as you can see from the pictures and two years ago they gave me their image award. Listen. Women with Breast Cancer they dont leave Tall Buildings in a single bound, that does not happen, they dont stop the lights with an outstretched, theyre not adventures like a movie but they say Breast Cancer with courage and resilience. This years run for the cure is going to be virtual, ucb with my family, husband and brother and their launching a 30 hour lifestream extravaganza september 12, tomorrow through race day through sunday september 13 and we need the help of your viewers, Breast Cancer is not waiting for covid19, if you want to help go to race. Com, race. Team fox news, that is me accepting the award. Back to you. Melissa congratulations to you, i cannot believe its been four years, we will be running along with you virtually, we are on the team and i will tweet out the link just in case people did not get that and we will make sure too post it every way we possibly can, bravo to you and thank you for doing this today and always. Connell that is great, jerry is the best. As we continue, seeking private space extraction, nasa launching companies to mind resources on the moon and by them from the lunar materials that are obtained in the Spaced Agency and the part of nasas goal with norms of behavior in space allowing private mining on the moon in ways that can sustain future astronauts. There you go. Come on in, were open. All we do is hand you the bag. Simple. Done. We adapt and we change. You know, you just figure it out. Weve just been finding a way to keep on pushing. Melissa the salon industry is finally starting to recover after months of being closed, remember the no haircut thing, yesterday new york state announcing guidelines that allow customers to remove their facemasks and where facials and waxing and shaving, my next guest put into the fight back against the pandemic, with me now is the ceo of poncho salon in new york city, thank you so much for joining us. It has been a long road and i know youre in your salon right now, we can see that its been a long road back, talk to me about all the Different Things that you did in the salon because its obviously an enclosed space and youre not on the first floor, what did you do in order to make it safe, what was the technology. We were lucky to have negative pressure and cell system, we upgraded our exhaust fans and its much higher so we have fresh air exhausted out and pressure coming in, we have uv lighting and we have the electric static disinfecting, you name it, we do it, we do temperature check, handwashing, Hand Sanitizer and we all have covid test every 14 days and so on. Melissa we can see you put up clear plexiglass to separate people from each other, and looks like a tremendous investment, how hard was it to invest all of that money while you are closed, i know you only open, yet to go into your pocket with more money where you just barely open. We just had to make it a stretch and make sure all of our clients and everything was separated we had to go according to the guidelines and above so we had the plexiglass in between in the shampoo station, we had total plexiglass without any openings, they are not breathing down on a reception. Melissa you have a just salon, you do a lot of highend work and you depend on people being in the city and people have not been in the city until this week i noticed a big uptick, how hard has not been to have the client base not here or center only allowed to operate at a small capacity, did it not affect you . Basically with our clients we basically kept contact with all of her clients for the last three or four months, our communication, we did a lot of zoom meetings with salon summit and updated us with the guidelines and other salons across the country so we were updated and we basically told all our clients what we were going to do to manage our waitlist, to manage their booking, we dont do online booking, we are supposed to be at 50 of occupancy but we kept below that like 40 because we want to make sure everyone is safe and feels comfortable, we extended seven days a week and extended her hours and all of our employees were totally fine, they wanted to get back to work and we love socializing and creating in our ability. Melissa have you made the money back . How are you doing, you put so much money out, how is it going . Were still trying to recover our losses, we did get our ppp but basically we use most of our savings but thank god we had the reopening in june and i feel bad for a lot of businesses that are still not open. The clients were trickling back and we started getting trust with us and the safety and it was all wordofmouth and were getting busier, a lot busier and its been really good, and really happy. Melissa thank you for coming on and telling your story, i will put on twitter an instagram your information in case people want to come visit you. We appreciate your time and bless you, good luck. Thank you so much. Connell lets get to the wildfires right now, they have been destroying parts of the west coast, 15 people are dead across california, oregon and Washington State and jeff paul is on the ground in monrovia california, he joins us live from the latest there. The weather seems to be improving slightly in southern california, still a lot of smoke and ash in the air, looks like snow flurries you see particles flying around hence why were wearing the masks but the coverage from the smoke that is covering the sun is helping lower temperatures which in turn is helping firefighters gain better control of the fires that are burning in southern california, however, go north to norah and it seems like the situation is only getting worse, police in oregon have in fact opened an arson investigation regarding one of the fires, towns have been leveled, hundreds of homes destroyed and theyre worried that the death toll will rise, countless numbers of been forced from their homes and in many cases are not given that much time to get out and they annoyed you when they will return. My husband said were getting out of here, my 4yearold grandson was crying and i had to sit down and explain that the most important thing that we get out alive. In california more than 3 million acres have burned this fire season so far, thats an area greater than the size of rhode island, delaware and washington, d. C. Combined, Officials Say the death toll has gone up in the golden state in the northern part of the state has been hit so hard, ten have died in 16 are missing but there is slightly good news to mention, that is help is coming across the country and were hearing from firefighters from utah, colorado and governor get greg abbott sending nearly 200 firefighters and 50 trucks to california and theyre going to need it by how many fires are here, they have nearly 30 major wildfires burning in all the weather will improve, most of the fires right now have very little containment. Connell im sure theyll take all the help they can get. Thank you, jeff paul on the ground. Well be right back. Im greg, im 68 years old. I do motivational speaking in addition to the substitute teaching. I honestly feel that thats my calling to give back to younger people. I think most adults will start realizing that they dont recall things as quickly as they used to or they dont remember things as vividly as they once did. Ive been taking prevagen for about three years now. People say to me periodically, man, youve got a memory like an elephant. Its really, really helped me tremendously. Prevagen. Healthier brain. Better life. Im a verizon engineer. And im part of the team building. A powerful 5g experience for america. Its 5g ultra wideband, and its already available in parts of select cities. Like los angeles. And in new york city. And its rolling out in cities around the country. With massive capacity. Its like an eightlane highway compared to a twolane dirt road. 25x faster than todays 4g networks. In fact, its the fastest 5g in the world. From the network more people rely on. This is 5g built right. Only on verizon. Here . Nah. Here . Nope. Here. When the middle of nowhere. Is somewhere. The allnew chevy trailblazer. Some Companies Still have hr stuck between employeesentering data. A. Changing data. More and more sensitive, personal data. And it doesnt just drag hr down. It drags the entire business down with inefficiency, errors and waste. Its ridiculous. So ridiculous. With paycom, employees enter and manage their own data in a single, easy to use software. Visit paycom. Com, and schedule your demo today. Connell well, demand has been drying up for this business, dry chieners all around the country have rae been struggling since the pandemic started. People not getting dressed up for work and the like, so jeff flock today is live out in eives son, illinois. Reporter its like this, connell, all over the country, as you point out. People staying at home, you know, people not going to the wedding, not doing whatever else they would do for which they would need dry cleaning. And so my good friend, youve been in this business how long . Ive been in the business for 12 years. Reporter the last few months, how bad is it . Its pretty bad. So march president pretty much o business, and then, you know, we got the ppp loan, and we were automobile to sustain the business able to sustain the business making masks. Reporter these are beautiful. Theres some really cool things. You just did that to stay afloat. Yeah. Actually, i started because we were bored, and i was giving masks out to customers, and then we got really busy, and i started to sell them. Reporter take a looked at these numbers, connelling. This is the business. Its about an 8 billion business, dry cleaning in the u. S. 30,000 individual dry and most of them are mom and pop operations employing well over 100,000 people nationwide. You were automobile to keep most able to keep most of them. Yeahing you know, because of ppp, and i feel very strongly that we have to keep employees, and we were fortunate to be able to do that and, hopefully, well be fine in suggestion months or so. Reporter heres another thing, connell, as you might guess, you know, we still are dressed, think, quite nattily, perhaps, for which we need dry cleaning, but a lot of people dont anymore, and, of course, it was enhanced by covid19. If you look at the growth in i dry cleaning over the past five years, this is a tough business, and its a small margin business. Yeah, it really is. I started 12 years ago, and the still sigh brafnlt about vibrant. About phi years ago, i see the trend going down, and you just have to be creative. People who are creative are, you know, we have different options. Reporter wonderful. There you go, connell. This is a great dry cleaning spot. I think it all came out well. Connell yeah. Your number one customer. Good for her for hanging in there, and youre right, People Like Us trying to find dry cleaners when so many other people didnt need it. Jeff flock, bringing it home to us. Thanks for joining us, everybody. Melissa and i will see you back on monday. Have a great weekend. Muck. Lou good evening, everybody. For President Trump this has been the week that was. It has been, in fact, his finest week since he was inaugust rated inaugurated president of the united states. President trump today the adding to his historic achievements, announcing that bahrain is normalizing relations with israel. Finish this historic Peace Agreement brokered again by President Trump. It is the second such agreement made over the past month, and President Trump appears hopeful that he will have many more successes in creating a new future for the middle east. S this is a tru

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