Whats the latest on the trade front were just 10 days ago we heard that schedule negotiations were broccoli canceled the now were learning that there actually was a phone call carried on monday night between representatives for the u. S. And china now weve got statements from both sides and its interesting to see the u. S. d trade representative said both sides see progress and are committed to taking the steps necessary to ensure the success of the agreement then Chinas Ministry of commerce also released a statement in which they said the 2 sides agreed to create conditions and atmosphere to continue pushing forward toward the implementation of this trade deal of the major topics here were the protection of intellectual Property Rights and also chinas commitments to purchasing significantly more products from the u. S. Now this call was largely seen as a way to clear the air between the 2 countries to talk about how phase one of the trade deal has been implemented and then also to loo
Dow jones industrials, mark it at down 167 points, low of the session, a loss of 271 so we are off that. We have the s p down 12, the nasdaq lower by 11. So what we need to do is talk about right before we go there, the discussion which will intersect with the worrisome news that some states, including florida, texas, are now seeing sudden increases in new cases in the wake of reopening their economies. Lets go straight to the white house where blake burman is standing by. You are waiting with us for this event. What is expected to be the real focus here . Reporter well, we have seen this over the last several weeks here at the white house, liz, as governors, republican and democrat, have come over here to the white house to sit down with President Trump, talk about the reopening in their states and their future plans to reopen, going on down the line. Im told from a white house official this event coming up here is along those lines. As President Trump will be sitting down with the go
Provided and into the record to the conclusion of the hearing. I recognize myself for 5 minutes for Opening Statements. Let me find my Opening Statement here. I believe this hearing is long overdue. Suffering terrible inequalities. Unreliable access to the energy grid, little or no broadband connectivity, and reliable funds for the federal government and other systematic problems that created unnecessary hardship and turmoil and covid19 is exacerbating these long existing problems. One third of tribal members are at high risk of serious covid19 complications due to Underlying Health factors and Navajo Nation has seen higher infection rates than those in china at the peak of the pandemic. Despite this stark reality the impact of covid19 on tribal communities, weve seen the struggles of tribal communities and access to personal protective equipment and testing to protect against covid19. Is this pandemic redesign and covid19 cases continue to rise in many areas of the Country Access to p
That completes the risk off picture. Take a look at that bloomberg 1 . Ar index, up about a haven to bid. Investors going into the breen back into the greenback the midof this dismal data. David are the any individual stocks doing particularly better or worse than what we are doing overall . Abigail relative to the horrible Economic Data, some sectors are down even more. One of the big headlines this morning was u. S. Retail sales for march plunging the most ever, down 8. 7 . Core, pvh corps down 14 . Ge down 18 . Industrial production tumbling the most since 1946. The homebuilding sector tumbling the most ever, even more than 2007. Lennar, one of the largest homebuilding companies, down nearly 8 . The reason that stands out is this is a Health Crisis and many analysts are saying will this turn into a financial crisis . Not signs of that happening yet because of all the liquidity the fed is injecting, but could it turn into a housing crisis . The fact that we have the homebuilding sent
Also asked about a recent report found coverage status admitted to the fcc by various wire carriers to be an accurate and how the commission was planning to respond. Good morning. Welcome to the subcommittee on communication and technologies. I am glad to welcome our witnesses back before the subcommittee. I know it has been seven months since we had you before us and i know we all missed the warm welcoming atmosphere of our hearing room. Despite that passage of time many issues that were of concern to us then still remain unresolved today. For example, i asked about the investigation into phone carrier selling the realtime location of nearly every american. Mr. Chairman, you told me even after more than one year had passed we still cannot tell whether this practice has stopped and could not say whether the impacted individuals have been notified and could not tell us that members of congress and lawenforcement had their locations sold or tracked and in june of this year you told senat