There or have recently visited the white house have tested positive for coronavirus, the latest Senior Advisor Stephen Miller, he is infected. And after weeks of getting the outbreak under control, overall cases are on the rise in washington, d. C. On top of that there is despair and confusion this morning after the president blows up stimulus talks, he says until after the election. Millions of americans and businesses were relying on that aid, counting on washington to do its job. We will get into more on that in a moment. Also tonight a major debate between Vice President pence and senator Kamala Harris, it will be one like you have we can assure you never seen before. Not to mention the plexiglas barriers on stage. This faceoff comes as some are doubting whether next weeks clash between the president and joe biden will happen at all. Lets begin this hour at the white house, our john harwood joins us there. There is a lot of news out of the white house this morning, john, but lets b
Since august combining bankrupt american what the much smaller us airways. It has to be approved by the anti antitrust regulators but if this mega merger is approved, four airlines will control about three quarters of the u. S. Airline traffic. Susan mcginnis is in washington with more on this story. Susan, good morning. Good morning. This is the latest mergener this massive consolidation that has taken place over just the last five or six years. This ones going to combine the third and fourth Biggest Airlines to form the largest. Now, the typical winners in these massive deals are usually airlines themselves because they can save on jet fuel and routes and boost profits on wall street. For travelers it often leads to higher fares, fewer flights, and fewer assets. American airlines and us airways are joining forces to join the Biggest Airline in the world. Our best goal Going Forward is to make it the biggest strongest airline in the country, and i suppose thats about to happen. The co
American what the much smaller us airways. If this later airline mega merger is approved, four airlines will control about three quarters of the u. S. Airline traffic. Susan mcginnis is in washington with more on this story. Susan, good morning. Good morning. This is the latest mergener this massive consolidation that has taken place over just the last five or six years. This ones going combine the third and the fourth Biggest Airlines to form the biggest largest. Now, the typical winners in these massive deals are usually airlines themselves because they can save and boost profits and also wall street. For travelers it often leads to higher fares, fewer flight, and fewer seats. American airlines and usz airways are joining forces to join the Biggest Airline in the world. Our best goal Going Forward is to make it the biggest strongest airline in the country, and i suppose thats about to happen. The combined carrier will have American Airlines new look and old name. It combines continen
To maintain its pledge of increasing Monetary Base at an annual pace of 600 billion to 0 700 billion. T well be watching very chosely. European trading, you can see the stocks there are off a little bit too. The worst performances the ftse 100, down over 1. 2 . Down about 80 points. The u. S. Equity futures here are looking like they are also indicated lower. The dow futures are indicated down by almost 60 points. S p futures off by just over 7 points, and, again, the decline we saw yesterday, the 93point drop, the worst performance we have seen since the end of june, june 28th, the last time we saw a move like that, which tells you how calm and fence sitting the position these markets have been to this point. Also today, the treasury will offer 20 billion in tenyear notes at 1 00 p. M. Eastern time. As for data points, the Mortgage Bankers Association Release at 7 00 eastern. Economists expect to continue to see downward trend in the rise in rates. Earnings front, ralph lauren, time w
Become a reality among democrats. Up first, a tale of two felons. President trump praises Paul Manafort, his former Campaign Chairman, now convicted on eight federal counts of tax and bank fraud. The president tweeted this, i feel very badly for Paul Manafort and his wonderful family. Justice, and he puts the word justice in quotes took a 12yearold tax case among other things applied tremendous pressure on him and unlike Michael Cohen, he refused to break. Make up stories in order to get a deal. Such respect for a brave man. The president took another swipe at Michael Cohen, his former lawyer and personal fixer for more than a decade who pleaded guilty to eight charges and implicated the president of the United States in a hush money scheme. The president tweeted this. Quote, if anyone is looking for a good lawyer, i would strongly suggest that you dont retain the services of Michael Cohen. Lets bring in our white house
house, thank you. Republicans, meanwhile, in congress for the most