This is who boss the one business show you cant afford to miss some friendship or in washington coming up as air travel resume cases the provirus are surging among t. S. A. Agents this while the u. S. Faces another record in new cases well take a look at the global numbers momentarily and although jobless claims have begun to fall the state of mortgages in the United States are still in question straight ahead we break down the fate of these homes and what struggles lie ahead plus that we welcome back James Beard Award Winning Television personality Andrew Zimmern to discuss the plight of restaurants in the United States as they struggle to reopen it with a packed show today so lets dive right it. And we lead the program with the struggles of trying to return to some sort of normalcy amid the copen 1000 pandemic the Airline Industry worldwide has been decimated since the beginning of travel restrictions and home orders but air travel has been steadily climbing over the last month and a
Donors he would get rid of most of trumps tax cuts. That wouldnt be good for stock prices or your 401 k . Right now we see the dow losing maybe 90 points at the opening bell, 25,400. The s p will be down and the nasdaq is off about 20 points. No serious selloff at this point. But we do have dramatic stories breaking this morning. Overnight, a young black man, 16 years old, shot and killed in the seattle chop zone. Its the fourth shooting there in nine days. Democrat mayor durkin said the zone would be removed. It is still there. In new york city, the city votes on taking a billion dollars out of the budget the police budgets. Mayor deblasio calls it real redistribution. This follows a devastating blow, the citys 15 billion theater industry will stay closed until next year. The democrats trash the president and mt. Rushmore. A tweet from the dnc says the president will be quote, glorifying White Supremacy when he attends a fireworks display there on july fourth. But its okay. They took
Down jim, it was nice to hear becky give you props for the caution you have telegraphed in the past couple days. Watching your twitter feed it sounds like you are on alert for vying option at month end. You have could be cognizant of the fact that two days before july 4th the holiday are the two probably most strongest days in the entire year. I do think theres still too much froth you can watch nvidia today, there is a love affair with nvidia and the analysts which includes me. That one has to go up. The love for nvidia is so strong that you have to say, okay, that is your thats your bell cow here but i do think, again, that and, david, youve seen t there is that cohort of people who keep coming back to the airlines, keep coming back to the cruises, keep coming back to the tankers and those are the weakest part of the economy. It is, and for a reason you know the reason. I mean, look at the map, right thats really what you have to do at this point look at the map, jim weve been talkin
Across the country in major cities. Seattle, chicago, minneapolis, also in new york city. Of course, all of this as protesters continue the call to defund the police. And staying in new york city, get ready for phase two. Restaurants allowed to reopen. But its all al fresco. Thats all right. The weathers good. You have to sit outside. By the way, another 300,000 people expected to return to work in the big apple. And President Trump officially restarting his 2020 campaign with a rally in tulsa, oklahoma, but there is controversy over crowd size. We are all over that story and so much more. We will get it going on Varney Company which begins now. Ashley all right. First things first. Ive got to get you to the very latest on the virus. Over 2. 2 million cases now here in the United States. This as those 12 states on your screen have seen a record spike in cases over the weekend. Susan li joins us on this monday morning. Susan, give us the numbers. Susan good morning. So the states that s
California will open movie theaters on friday, at least in a limited capacity, but they are opening. Guess what . We have an ipo today. Remember those . Vroom, an online used car retailer, goes public this morning. All positive signs abound. Yet the media is jumping on the headline from a group called the National Bureau of Economic Research. That Group Reporting late yesterday that we are officially in a recession and that it began in february before the pandemic. Still scratching my head on that. You can bet we will be discussing it. And heres another return to normal for you. President trump says he will begin holding Campaign Rallies again in just a few weeks. The Trump Campaign will be joining us in the 11 00 hour. Lets go ahead as always. Im Ashley Webster. Varney company starts now. Ashley lets get straight to your money. We will start with the losers. First up, the airlines have had a really good run of late, as we know, but as you can see across the board, check out american a