A back seat will the president ial candidates ever hit the road and so their brand of politics to americans before the vote follow the u. S. Elections on a. Telephone is progressive stance on issues from Climate Change to immigration has long come to a put to my eyes political position to present on trump in return he portrays the state as dominated by liberal elites absent touch with the u. S. Heartland so what does this picture raji logical battle reveal about the choices facing americans in the coming president ial election earlier this year the 1st of 2 special reports bobs house went to find out. California has natural and manmade wonders hollywood Silicon Valley agricultural bounty and the 5th largest economy in the world it leads the u. S. In combating Climate Change and with 40000000 people is the most populous and diverse state but none of that seems to impress americas President Donald Trump very much the place is totally out of control you have sanctuary cities where you hav
The dow as the president says the u. S. Government should take a cut of its deal. Apple inches toward a 2 trillion market cap. The price were looking for to hit that level is 4. 6777 about 27 above where we are now. Apple is up 1 today gold topping 2,000 an ounce for the first time ever. The precious metal is up as the market attempts to price in a postpandemic recovery, there are new signs the road back could be longer and bumpier than experts think steve is digging into the data good afternoon. Even if the forecast of economists for the strong second half ebound pans out, the u. S. Economy is still going to be in the e kwif lenquivalent of a reb year end the Unemployment Rate forecast decline from 11. 1 now to 9. 8 by december. Look at those numbers and the 9. 8 Unemployment Rate would make it the third highest among recessions we have done a good job of taking it down from 15 . It would be e clipted by the surgeon jobless followed by the 81 and 08 recessions. Charlie evans talking t
Hackett was brought in, he was a board member, previously he had done a great job at steel case the Office Furniture company in michigan and when he came in and he said, look, we are going to transform ford, get it ready for the future for Autonomous Vehicles, for electric vehicles. That hasnt happened ford has been mired in really not being making the move that its needed to make since 2017 they are starting to change that a little bit some of that because of the moves that jim farley has made as coo, he becomes the ceo effective october 1st and the marching orders are pretty clear. Transform this company, get ready for a future with electric vehicles, Autonomous Vehicles at some point, not immediately, but at some point, but, guys, this is the most interesting stat that i can find. If you go back over the last, what, 20 years, 19 years, only one ceo at ford, alan malaly posted a positive gain in ford shares there you see hacketts performance since may of 2017, down 38 , similar to fi
The auto sector. Ford and nikkola news coming your way just about to flat line with 59 minutes left in the session. We have a big lineup of ceos coming up on todays show. Dan rosensweig on the back of cheggs earnings it is a moon shot. Then the head oof another stock that has been on a terror, henry ji, ceo of Sorrento Therapeutics and its a huge earnings news, disney, nikola and well speak with the ceo of ww right after the numbers hit. We have 58 minutes left of trade. Mike san totoli is tracking act and phil lebeau. B mike, start us off with the Broader Market it is flat. We alternate the days between when the indices look better than the majority of stocks and days like today when the indices are doing nothing but holding near the highs take a look at the s p 500 here we are on a year basis. You have the pop and turn pattern. You pop above the highs and then chops around right now were above that june high 3350 or so would be a 50 rally off the closing low for from 23rd that is 19
Not enough to keep any of the majors in the green, dow and s p are about to snap five day winning streaks while the nasdac which did hit a new intraday record earlier has now reversed and probably wont likely see its fifth Straight Record close still what a week its been for the nasdac. One of the top minds on wall street is here, to make sense of all of the market monster moves this week. From the tech rally to golds jump about 2,070 an ounce and bitcoins come back, and we have a fox business exclusive you cant miss his perspective. Telemedicine also in the headlines after President Trumps executive order promising the government will pay for americans to use it, and the big emergencier of course but their competitor is a company thats smaller, and the ceo of dario health is here on the consolidation in the medicine worlds new normal and what his company does differently, its a fox business exclusive, and the end of the pandemic lockup has driven people straight outdoors this summer,