Next the director of the federal Housing Finance agency testifying on housing and mortgages during the coronavirus pandemic. House Financial Services Committee Members asked him how his agency is handling the rice in foreclosures and forbearances as well as the operations of fannie mae and freddie mac. The hearing runs over three hours. The committee will come to order. Before we begin, i want to remind members of a few matters including some required by the regulations accompanying House Resolution 965, which established a framework for Remote Committee proceedings. First, i would ask all members to keep themselves muted when theyre not being recognized. It will minimize disturbances while members are asking questions of our witnesses. Members are responsible for muting and unmuting themselves. The staff have been instructed not to mute members except when theyre not being recognized and theres background noise. Members are reminded that they may only attend one remote hearing at a ti
Above 24,000 keeping an eye on whats happening with this. The dow has been up. The First Time Since february. If the dow is up again for the fifth session, the first time that has happened since the middle of january. Crude oil has been a big concern. That is down 11. 5 to 11. 85 you are looking at energy being the best performing for april even despite these big swings we have other energy news back with bp out the energy giant reported a 67 slide. Ceo Bernard Looney that the company had a good quarter tough environment here to date it has just been historic and went negative for a while. Back to 12. Crazy. Which is relative how many acres do you have there. You could store oil. Could you put a tank in the ground or just fill the pool we could probably do both we could do a whole oil field here no one Takes Delivery you would think given the challenges that uber is having, they would be doing oil delivery the other thing i told you to buy with all that land is live cattle instead, we
Murphy followed by californias gavin newsom. Following that andrew cuomo of new york and John Bel Edwards of louisiana. Gov. Murphy now as we have done for the past week or so, lets go right to the numbers. Over the past when he four hours, we are reporting an additional 4372 positive cases. That is 4372. That brings the statewide total to 29,895, in total. 29,895. And sadly and with the heaviest of hearts, we have lost another 113 of our fellow new jerseyans to covid19 related couple occasions. To day, we have lost 436 members of our extraordinary, broad, loving, precious and diverse family. A couple of comments in particular and as usual, judy will give you more color on both the positive tests as well as the fatalities. But as it relates to the blessed iuls lost, if you add 113, believe to yesterdays total, you wont get 646. That is because as we discussed, in some cases, cause of death is still being adjudicated. Also want to raise again what we mentioned yesterday. This does not m
Good morning welcome to the show. We begin with breaking news as we have been for the past few weeks. Futures pointing to steep losses after pointing to one of the worst quarters on record the s p down as well as the nasdaq as well markets much lower the dow shedding more than 23 in just the past three months. Its worst quarterly performance since 1987, and worst performance for a quarter on record boeing there, sliding more than 50 since december 31, shaving nearly 2,000 points off the dow itself not much better for the s p 500, losing 20 for its worst quarter in history and worst quarterly performance since the financial crisis oil prices as well down 66 to the lowest level in 18 years coming off the worst monthly and quarterly performance ever down 66 the numbers are not much better right now around the world matt taylor is in singapore. Julianna tatelbaum has the early trade in europe. Matt, well begin with you it has started early in asia and is carrying around the world now. Abso
Not talking the same sky loving christian debt were talking they did go on turning in income and then when they graduate theyre graduating move off what about 100000. 00 u. S. Dollars is a level of debt the average is 30000. 00 and in fact its non dischargeable prior to the what happened with the subprime crisis was people could do the jungle mail lock away students could never walk away from this almost all of it is essentially owed to the government so the government owns you anyway and you cant escape it you cant just jingle mail away from the u. S. Government 30000 is the starting level and i go i could graduate. Something of that scope a year so this starting with the debt to income ratio 100 percent before they even pay the rent a little on consider paying a mortgage max and i graduated before 1991 you all graduated around that sort of time the rate of increase since the 1980 s. A lot happened in the 1980 s. We could talk about. The rate of tuition increase has gone up 8 times fa