About the blockbuster revelations about hunter biden, biden got a pass, the network fix was in, beat up trump, give biden a pass. We do have news on the stimulus. A little give on the part of the white house, Speaker Pelosi and secretary mnuchin have agreed on the democrats Virus Testing strategy. It is not much, a strong report on retail sales just came out, a halfhour ago, big loss for the stocks yesterday but a rebound today in part on the back of the retail sales report. The dow is up triple digits 130 points, the nasdaq, 93 94 points higher. Censorship are very much in the news, social media may be in trouble after blocking coverage of the bombshell allegations against hunter biden, the authorities are taking a close look at facebook, twitter and other social media liability immunity after four years of obvious media biased in social media censorships and is there any doubt that you are blocked so frequently from seeing or hearing conservative opinion. We will get more on that com
Camapaign of harrassing him. Plus, the new study breaking this morning about covid and air travel as americans get ready to hit the skies this Holiday Season. Inferno. Wildfires ignite in the west. Overnight, the largest fire in colorados history exploding, and a new inferno threatening homes near los angeles. The new mandatory evacuations this morning. Ginger is tracking the very latest. Reallife iron man. How one hero is using his jet suit to save lives. Our correspondent suiting up and taking flight. And musics big night bringing us a higher love. Bring me a higher love Kelly Clarkson kicking off and hosting the Billboard Music awards. From Billie Eilish to bts dynamite performance. Like dynamite whoa demi lovato debuting her new song, and john legend with a powerful tribute to wife Chrissy Teigen. Plus, cher presenting the icon award to garth brooks who delivered a showstopping performance. I got friends in low places where the whiskey ive got friends in low places. Not you two. No
Growth rate and job creation, now if you put the fed statement and higher jobless claims together, thats whats pushing stock prices down this morning. Look at it. The dow is off about 100, s p 60, nasdaq about 31, more on that in a second. All right, did you watch night 3 of the Democrats Convention . It was hate trump night. Speaker after speaker layed into the president in personal terms. He gets the blame for everything. Seems to me like the democrats have not gotten over their loss 4 years ago. The president was live tweeting all the way through. We will show you both sides of this, of course, but seems to me like all of the democrats have is hate trump. Varney company is about to begin. Stuart look at the red ink on the markets, first of all, down across the board but not that much. Lets get right at it. Larry kudlow, director of Economic Council at the white house. Larry, negatives this morning. More than 1. 1 million jobless claims, the fed says the virus is hurting growth, back
We were hearing that we could see some candlelight vigils later on tonight, people going online virtually. It comes amid hsbc defying the u. K. And backing this National Security law. And the corporate impact of all this as well. Lets check on the markets, they seem unphased by what were going through here geopolitically and what were seeing in the u. S. The protests have calmed down a bit in the last two days or so. Markets off the highs but were trudging higher today. Mobile stocks on track for a ninth day of gains. Jakarta coming online and continuing to trend up, 1. 3 . U. S. Future seeing a little bit of pressure. The airlines, the nifty with modest gains at the start. Haven,rally and bonds a selling all. You did see yields picking up here. The aussie, back to 1 once again. The chinese 10 year yield, now or near february highs. The second worst performer after bulgarian debt, on disappointment that beijing may refrain from stimulus. About somebts opecplus deals. Watching the curre
Professionals in the grocery of worker who died from covid19 complications. They took about working conditions and what the government can do to improve safety. A half hours. We are talking about the impact of the coronavirus on workers and the steps the federal government can take to better protect these workers. The coronavirus pandemic has already killed more than 90,000 americans, more deaths than any other nation. Throughout this crisis, our nations essential workers have continued to serve their communities at Great Potential risk to themselves and their families. They are the true heroes of this crisis. I am deeply honored that several of these heroes have joined us today. These heroes treat patients who are sick with the virus and comfort the families of those who have lost loved ones. They respond to emergency calls and keep our communities safe. They stock our grocery and drugstore shelves. They keep our transit systems running, and they clean our hospitals and offices to pre