And hitting the road, covid19 complicates the lives of an increasing number of Older Americans traveling the country to find seasonal work. There is a Huge Population of us that are still in limbo wondering if there is a next job to go to. Judy all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by when the world gets complicated a lot goes through your mind. With fidelity Wealth Management a dedicated advisor can tailor advice and recommendations to your life. That is fidelity Wealth Management. Consumer cellular. Johnson johnson. Financial Services Firm raymond james. Bnsf railway. The candida fund, committed to justice through investments in transformative leaders and ideas. More at candida fund. Org. Carnegie corporation of new york. Supporting innovations in education, democratic engagement and the advancement of International Peace and security at carnegie. Org. And with ongoing support of these individuals and institutions. This progr
Themselves private or buying back their own shares with the 0 percent Interest Rate would end up with a an economy and a stock market that doesnt exist anymore because its all been taken private remember during the 1980 s. Michael milken introduced the revelation in the revolution in leveraged buyouts the l. B. O. They borrowed money they acquired companies they sold off assets they kept a difference and they made many many billionaires the 1st huge wave of billionaires in America Thanks to Jackson Burnham mike milken in the leveraged buyout down 2020 weve got the end game every Single Company is a private equity firm Berkshire Hathaways a private equity firm all hedge funds are private equity firms all private equity firms or private equity firms are all borrowing money and 0 percent Interest Rate theyre all taking all the pieces off the board every house and house sell the monopoly board called americas being bought then taken private and not available to trade by the robin hood trad
At cal fire currently has its hands full with a number of wildfires burning up and down california a fastmoving wildfire in butte county has burned more than 250,000 acres, its killed at least 3 people. The creek fire in Fresno Madera counties has burned more than a 175,000 acres. Its 0 contained and in Southern California, the eldorado fire in San Bernardino county has burned more than 12,000 acres. After that fire was sparked by a smoke machine at a gender reveal party over the weekend. As wildfires continue to ravage a state with some of the largest fires burning here in the bay area. It seems like every year these wildfires break new record and what is most concerning is that experts say things are likely going to get worse kron 4 Sanaz Tahernia takes a look at the wildfire trends in california. The state of california is typically associated with sunshine, sandy beaches and surfers. But now it seems like wildfires are making the list what used to be a rare event is now commonplace
As the action ultimately turned negative today down. S p declining. 80 and believe it tech and 234nasdaq plunging 1. 6. This month the market is led by the covid winners, the names that do fine when the economy is frozen those are not the stocks that lead us higher when times are good but as we saw today, covid plays could lead lower when the economy is improving are we finally emerging from the trough lets consider the case here first, you need to know. Were in a dangerous place its dangerous to be where we are because you can never tell if the economy is really at an Inflection Point until after and even if it is, covid stocks make up the average and drag down everything were now in the third day of this rotation with the Fastest Growing covid winners, industrials, travelers, retail these groups struggled to find their footing because they are covid losers but now in the morning today but the last two days, they are on fire i mean, did they give up the ghost at the end of the day . I
Bloomberg television, starting at 9 00 p. M. Eastern. Along the gulf of mexico, the texaslouisiana border is reeling after hurricane laura unleashed a wide swath of destruction, with winds reaching 150 miles an hour after coming ashore. It is now churning over louisiana. It could lead to more than 15 billion in insured losses. One of the top talkers on wall street, meantime, news of wall street joining microsoft to make a joint bid for the social media sensation tiktok. Now aligned with oracle. For more, i want to get to scarlet fu in new york. A lot tied to these remarks from the fed. There was a lot of gyration in jay powells remarks. In the case of equities, the fed moved it higher. The dollar moving higher. Bonds falling. In no rush bank is to raise interest rates. It will let the job market run hotter and inflation run higher, potentially overshooting the 2 target, before taking any kind of action. In the end, we saw financials get a boost. They benefit from a higher yield and a s