Works subcommittee will address options to address the wild fires and Forest Management. This includes testimony from an interior Deputy Department official and deputy chief of the u. S. Forest service. Good afternoon, everyone. This subcommittee will come to t order. The purpose of todays hearing is to receiveands testimony on i bills pending beforece the publo lands force and mining subcommittee. Because of the large number of t bills onhe todays c agenda, it going to go through all of them right now. But the complete agenda will, of course, be included in the record. I want to note at the outset weve got a former member of our committee here, former senator from louisiana, longtime member of the senate and this committee is in the back. Weve got members who will be at t who have tly another Committee Assignment at the i moment. E. We have others who will be d eme joining us dtelephonically. As i want to recognize the staggering loss of life that has occurred embedded within what has
Have created a more cautious consumer billionaire tilman will tell us what that means for his business power lunch starts rite now. Wall street starting to trade like a tech stock hitting a record as it gets set to launch its competitor and gears up for a deal to by tiktok zoom up after 40 . Invest rs continue to pile into these momentum names more on the markets and high its hard out there, send it over to bob. Yesterday he sort of threw in the town he said theres no precedent to how high valuations can go with low rates and unlimited q e. John also wu drew his price target these are veterans having a hard time to figure out how to put unlimbed fed support recessions would happen when the fed withdrew the support what does it mean . One of the thing s the bare arguments dont have much traction now the fed will keep stimulating and the Global Economy is slowly pivoting higher and the earnings are too conservative this happened in the Second Quarter and they are saying it again. For 202
Airbnb confidentially filed for , the nasdaq still outperforming. The gloves now have come off in the u. S. President ial election with the Democrat National convention targeting trumps policies and rhetoric. Kamala harris reinforced this last night. We can do better and deserve so much more. We must elect a president who will bring something different, something better, and do the important work. A president who will bring all of us together. Black, white, latino, asian, indigenous, to achieve the future we collectively want. Alix for more on how this battle for the presidency could impact the economy market and by. Reet, im joined to start on politics plus economy, jobless claims with higher delinquencies with housing on the rise, how do you pair that with what we might see in november . Regardless of who is in the white house and how Congress Ends up, there has got to be more fiscal spending. We do have what i would call a fiscal cliff, which is that so far the economy is more resil
Debt as collateral for loans as eu leaders meet today to discuss a 2. 2 trillion revival plan. Loan provisions jump at Credit Suisse as the lender builds reserves to withstand the coronavirus pandemic. We will speak exclusively with the banks new ceo just after 9 00 a. M. Hopes forrs crafted higher profit in 2020. And the earnings deluge continues. Revenueetting hermes out, down 6. 5 percent, which does not seem quite so bad all things considered. Anna we are getting numbers out of unilever as well, so the earnings daily continues. Things not looking great for unilever. Delucia the earnings deluge continues. Growth of zero, so 0 . The estimate was of an increase and itr just over 2 , seems on pricing and on volume they missed estimates. Pricing looks to be lower than estimates and volume looks to be lower than estimates. That seems to be where we are on the top line. They are also saying they are withdrawing their previous 2020. Uidance First Quarter underlying sales slack, as i mentio
Gov. Cuomo good morning. Everybody knows the people with us today. Two doctors, the secretary to the governor. To her left, robert. To our friends celebrating good friday today, i wish them good, good friday. Celebratingds passover, i wish than the best. To give you an update on where we are, to use an overused term, were cautiously optimistic that were slowing the infection rate. Thats what the numbers say and what the data suggest to us. Change in total hospitalizations is down, not relative to yesterday. Yesterday. But when it is averaged, the threeday average on hospitalizations, you see and dramatic decline in those numbers and that is very good news. The change in icu admissions the negative number for the First Time Since we this intense journey. That means there are fewer people in the intensive care unit statewide than there were. Again, that is the first time we have seen a negative number. So that is good. The free the threeday average of that is down. The change in intubati