Anyway. Experts recommending tight controls on activities and l. A. Except for potus and Outdoor Church services and a ban on Outdoor Dining. People warning that many will not survive another round of lockdowns. Many anxious to spend time with family and friends. Backlash to the restrictions are growing. Our hospitals prepared . Can officials tailor their restrictions . Fox news night investigates and has brandnew data. Hello and welcome to fox news night. Im Shannon Bream in washington. We begin with Senior Correspondent Rick Leventhal and the latest from a contentious l. A. County board of supervisors. Bitter debate over the justifications of the new restaurant restrictions. Putting up 700,000 people out of work during the holidays. Even without hard evidence the shutdown begins tomorrow night. The l. A. County Health Department admits bars and eateries only accounted for 3 of confirmed coronavirus cases from outbreak locations, and those were mostly chains like mcdonalds, jackintheb
To make sure you quarantine if you decide to go anyway. Recommending tightening controls on Outdoor Activities in la as a ban on Outdoor Dining your search to kick in in la county, Business Owners worn openly that many of them will not survive another round of lockdowns. With thanksgiving days away and many anxious to spend time with family and friends the backlash to restrictions keeps growing. Are hospitals prepared for decreasing capacity. Officials tailor their restrictions more narrowly. Fox news at night investigates and brandnew data for you tonight. We begin with Rick Leventhal in the latest from abortive county supervisors meeting got heated. Bitter debate over the justification for the new restaurant restrictions putting up to 700,000 people out of work during the holidays. Even without hard evidence the shutdown begins tomorrow night. The la county Health Department admits bars and eateries only accounted for 3 of confirmed coronavirus cases in outbreak locations and those a
Save the iconic brantd. It is tuesday, january 31st, last day of the month. Squawk box begins right now. Good morning, everybody. Welcome to squawk box here on cnbc. Im becky quick along with joe kernen and Andrew Ross Sorkin. And we have a big lineup of newsmakers ahead for one including dow chemical ceo an andrew liverus, Robert Nardelli, mike jackson, fred smith and Jeremy Siegel. If the dow and the s p 500 finish near these levels, it will be one of the best starts in decades. The dow fell away from 14,000 after the gdp report surprised investors for the decline for the Fourth Quarter. The index is still up 2 for the month and it is shaping up to be the best january in 24 years. The s p 500 managed to hold on to the 1500 level yesterday. That index is up 5. 3 this month. Will the january barometer kick in . In 61 of the last 84 years, a strong january meant a positive year for stocks at the rate of 3 . Here is another statistic for you. The s p 500 has finished january with a 5 or
Thirty percent on the cuts red suit or not us president to donald trump seems to want to play santa claus this year we have a tremendous spirit for. This is going to be one of the great christmas. But trumps tax reform gift is overwhelmingly aimed at large corporations shrinks their tax burden from thirty five to twenty percent for Midsized Companies the tax cut is slightly less generous their rate is capped at twenty five percent meanwhile tax rates for ordinary employees will hardly change at all in fact allowances for low earners wont even be as high as was originally planned. But perhaps the greatest blemish on the tax reform is its cost two point two trillion dollars over the next ten years money the government doesnt have that trump knows exactly where he hopes to get the missing funds we think four trillion dollars will come flowing back this is a country thats money thats overseas thats stuck there for years and years and by that means his controversial import tax twenty percen
Countrys deficit according to opponents. The republicans maintain that the reform will finance itself by stimulating the economy no credible outside analysis has found this to be true at best what many analyses show is that we would see a bomb of growth in twenty thousand and twenty nine thousand but after that it would start to falter outside the u. S. Strums tax reform is considered to be a double edge sword. Some fear it could cause a worldwide race to lower Corporate Taxes in germany the Corporate Tax rate is thirty percent and thats nine percent higher than it will be in the United States and that could animate companies to move their businesses there. Pinus must for one thing trump is certainly successful that is stimulating the American Economy and if he pushes through massive tax cuts in the us that will lead to German Companies investing their. In this to you and as a result profits and jobs could shift to the us as well America First trumps favorite slogan is getting a boost