Innovation imperative, shaping the future of agriculture. This is a fitting theme for the secretary to announce, something that weve been working on at usda, called the agriculture innovation agenda. Were excited to share more with you this morning. Im joined by many of you that are working to shape the future of our agriculture economy. Its important we take stock not only of where we are today, but also of where we need to go to meet a growing Global Demand, with rising standards of living at a time when producers are dealing with uncertainties in the farm economy and the conditions needed to farm, including the climate. Our chief economist, dr. Rob johansson, will provide an indepth overview of the state of the farm economy. Theres a lot to take in in 2019, but certainly not a typical year. There were many factors influencing the economy, including extreme weather, trade, importing and exporting countries, to name just a few. Following dr. Jays talk, the secretary will outline some
Correction territory, the dow has to be down at least 361 points. We are down 766. The nasdaq has to be down 145. We are already down on the nasdaq at this moment by significant 276. And the s p has to lose a minimum of 68 points. S p right now down 87. Goldman sachs now believes that American Companies will see zero Earnings Growth this year if the coronavirus becomes more widespread than it already is. Backing up goldmans call, a slew of companies revealing new warnings about how the deadly outbreak could hurt their businesses. Countdown bringing out all the big guns for this final hour of trade. The head of the Worlds Largest derivatives and futures Trading Platform is here. Cme Group Chairman and ceo terry duffy on managing risk and how he plans to keep his exchanges running if coronavirus balloons in chicago. And Guggenheim Partners cofounder and global cio scott minerd here live. The best places to hide your money if the virus gains the power to trigger an earnings or Even Econom
Technology on farming. We heard about innovations and how federal policy including rural access to Broadband Internet can help in the development of agriculture. Good morning. We thank everyone for joining us this morning for our first Small Business Committee Hearing of 2020. I want to especially thank the witnesses for taking the time to travel across the country and take time away from their businesses in some instances to have this important question. As is the case with these hearings, there will be members coming and going. There are overlapping hearings on other committees so youll see some folks come and go so we ask for your patience in bearing with that as well. Farming and agriculture are at the heart of strong economies around the country. Investing in agriculture is crucial to ensure that our communities can thrive. Coming from colorado i understand the importance that farming and agriculture have on our states way of life and economic wellbeing. Nearly half of colorados 6
There have been 10 serious patients on that cruise ship. For now, lets get a check from the markets and see whats happening across asia. Heres our cross as it reporter. To, thes you did allude mood is optimistic, China Mainland and hong kong. The who said overnight despite we saw yesterday was not necessarily reflective of a larger surge in cases. Yes, we did today get 5000 new cases reported, but much less than the 15,000 yesterday. You can see the csi 300 climbing. S p futures have turned higher after closing lower in the United States. And the nikkei is falling down 6 10 of 1 . And really weighing on though he nikkei is nissan. Its a smaller weight, but its the worst performing stock, having the worst space, falling the lowest level since 2009. This came after an Earnings Report that cut its profit forecast for the second time and slashed its dividends. Back to you guys. Haidi we are getting some of the updates from japan. The Health Minister speaking to reporters, saying they are s
Nejra che risch nejra cehic in london. Futures turning negative. We are positive in the Asian Session but that could have been a technical bounce with the s p futures dropping below the 30 day rsi. Looks like we could see another day of losses. , down threeyield basis points. Two year yield a three year low. Lasthit that record low friday. Pricedh gloom is being and the Global Pandemic. The yen has been strengthening for days. Losses below 50 a barrel. Bob iger is stepping aside in a surprise shakeup. The as executive chairman through 2021. He takes over the immediately. Chapin we have someone we know very well. The thing ive really taken away from bob igers legacy is get the content right and Everything Else follows. Senator Bernie Sanders felt the burden of his frontrunner status of the latest democratic debate. All six rivals delivering attacks. Their aim, stalling his momentum. Another focus of attacks, Michael Bloomberg. This after spending more than 500 million on advertising. Mr