A common term while nearly every organization in the us join protest for Racial Justice but what does this mean for the multibillion sector have a lot to get through so much that started. The u. S. Commerce department reported americans increase their spending by 1. 9 percent in july extending the markets record breaking rallies well this is the 3rd straight month of consecutive gains for spending well this is a primary driver of the u. S. Economy this also comes weeks after the extra 600. 00 of Unemployment Benefits expired Commerce Department data also showed income rose by point 4 percent in july after 2 months of declines meanwhile Credit Card Company capital one cut borrowing limits on credit cards while some customers had their limits were cut down by 3 fourths and theyre already seeing a negative impact on their Credit Scores in. Statement the company said capital one periodic lea reviews accounts based on a variety of factors and may make changes to existing credit lines other
A common term while nearly every organization in the us joint protest for Racial Justice but what does this mean for the multibillion sector theres a lot to get through to watch that started. The u. S. Commerce department reported americans increase their spending by 1. 9 percent in july extending the markets record breaking rallies well this is the 3rd straight month of consecutive gains for spending well this is a primary driver of the u. S. Economy this also comes weeks after the extra 600. 00 of Unemployment Benefits expired Commerce Department data also showed income rose by point 4 percent in july after 2 months of declines meanwhile Credit Card Company capital one cut borrowing limits on credit cards while some customers had their limits were cut down by 3 fourths and theyre already seeing a negative impact on their Credit Scores in a statement the company said capital one periodical or. Use accounts based on a variety of factors and may make changes to existing credit lines oth
From trevors couch in new york city to your couch somewhere in the world. This is the daily social distancing show with trevor noah. As we all know the United States is facing unprecedented problems right now. Pandemic, economic collapse, Racial Injustice and on top of all of that americans all over the country are struggling to figure out which hbo theyre signed up for. But President Trump is laser focused on the most important issue of all. The department of energy has taken it upon itself to propose a new rule that would essentially increase the maximum flow of shower heads, and this comes after the president just last week complained about this issue during a tour of the whirlpool manufacturing plant i; ohio, listen to this. You go into a new home, you turn on the faucet, no water comes out. You turn on the shower, if you are luke me you condition wash your beautiful hair properly. You waste 20 minutes longer, please, come out, the water, it dripsk right, you know what i am talking
Killer, a fox business exclusive, this is really interesting, with the ceo behind the Public Company that owns the rooms where its all happening for these vaccines. A vaccine not coming soon enough for new york city. Times square still without its throngs of summertime tourists. In doughnut world, you go big or you go home. The ceo of krispy kreme takes us behind the scenes of his flagship store. The s p getting an alltime high. It just needs any gain whatsoever. We are just at the flat line at the moment. The dow up 47, looks to snap a twoday losing streak. Plus could housing be too hot to handle without more stimulus . Apple now truly in a club by itself. Less than an hour to the closing bell, lets start the claman countdown. Liz breaking news. Microsoft not oracle is and will be the company to buy tiktoks u. S. Assets and a binding deal will be signed by the september 15th deadline imposed by President Trump. In a fox business exclusive, sources close to negotiators at bytedance, th
You might say better late than never. Adam that is exactly what i would say. Better late than never but also powell and Richard Clara for the process. There is a reality going back to well before the Global Financial crisis that the phillips curve has been flat. This is a fancy way of saying you can have deviations in inflation deviations in employment to the upside and you do not get that much inflation for it. Then you combine that with the reality we have seen in japan for a long time and in the u. S. And europe for the last 12 to 15 years that when youre too close to zero on your Interest Rate balance, you cannot react as well as you should to policy and adjust policy. Fomc powell and the they unanimously adopted the statement before he spoke what jay powell and the fomc are saying is they are catching up with reality. And jay powell was framing this as we have to be realistic and pragmatic. This is how the economy has changed in our process must reflect the way the economy has cha