We welcome all of you today. A most interesting day. Chairman powell to speak later on. He managed the message yesterday to say the least. I am thrilled to tell you, particularly those hammered by whiplash, a quiet data check this morning. , nottle lift in the market question. The vix with a 33 level, much better than the agony of thursday and friday out at a 44 level. Coming in sprightly and maybe take a pause. Lets view the Economic Data within the data check, which was a shock of the unemployment report, and then the huge shock yesterday of the nice rebound in retail sales. We had good conversations on that as well. Within that is what yield does. All in all i would say yesterday was remarkably quiet versus the gyration of the equity market. There is substantial news this morning. Lets go to our first word news. Here is ritika gupta. Jerome powell is sticking to his message that there will be an uncertain path to u. S. Recovery. He has the second day of Video Conference testimony be
Around these companies, whether that means private ownership or state involvement. Dagen much more of marias interview throughout the show. Rallying again, President Trump officially restarts his 2020 campaign with the rally in tulsa, oklahoma over the weekend, what he said about his opponent and the controversy over crowd size ahead. Speaking of rally futures back on the rise this morning, 216 point gain after fridays disappointing downturn led by apples decision to close stores over fear of coronavirus, but look at the markets go last week, gains across the board. The nasdaq is up 45 from the bear market low. Dining in sunshine, new york city allowing restaurants to reopen with customers taking a seat outside, restaurant ur lady gagas father. Mornings with maria is live right now. Dagen european stocks, good morning, european stocks largely flat after losses, slight gain in ftse 100 in england. Wire cart shares plummeting overnight. Resurgence of coronavirus around the world. World H
Like any information on the coronavirus or any other science topic you should really check out our podcast you can get it wherever you get your podcast you can also find us at pretty w dot com the. Science fair. Keeping you in the ear of the German Government of the u. Commission to have apparently reached a consensus over the Financial Aid package for the struggling airline bring you the details also of the President Trump says the u. S. Will strip hong kong all of its special status as many around the world fear that china is eroding the special administrative region. And show you how europe struggling fishermen are trying to. Whether the coronavirus story. Im Chris Caldwell and welcome to the program after days of negotiations the German Government and the e. U. Commission have found a consensus on the Financial Aid package for struggling thats according to several german media sources the compromise will see the airline give up 8 planes and 20 for takeoff and landing slots at his g
Lipton with the details. Josh so melissa, apple of course already designs processors for iphones, ipads and watches now it is the macs turn apple has reportedly planned to announce later this month that it is switching from intel chips on its Mac Computers instead, macs will have an arm based chip designed by apple apple stock is on a roll the team at ever core likes what they heard here. They say apples ability to design chips like this inhouse is under appreciated by investors in their opinion as they believe this can help give Gross Margins a boost. The report indicates these new chips are more power efficient with better graphics lighter, thinner macs could be on the way if these machines are attractive, it could help them stand apart from laptop rifvals bottom line, how concerned should intel investors be by all this this wont have a big Financial Impact for the chip giant. By his math, apple is a low single digit customer. But it could have a reputation impact if consumers get mo
The time we are meeting right now. And more than 22 million initial unemployment claims filed in the past month. Some regions of our country have lost as many jobs over the last month as they did during the worst year of the great recession. These statistics are not just numbers on a page, madam speaker. These are our neighbors. They are our family, they are our friends, their health is at risk and their economic reality has changed overnight. Since the start of this pandemic, congress has provided more than 2 trillion in emergency relief. To get Small Businesses the financial help they need to survive. To help hospitals and Health Care Workers on the frontlines. To expand testing. To provide every american access to an affordable vaccine when it is developed. I could go on and on and on. We need to make sure that these resources are going where congress intended. That they are helping struggling americans, Small Businesses without any rampant fraud or accuse and companies arent taking