Accompanying regulations, members are required to leave the camera on the entire time they are in an official proceeding. Even if a step away from the camera. While roll call is unnecessary to establish a quorum and official proceedings conducted remotely, whenever there is an official proceeding with remote participation, the clerk will call the roll to make clear who is present at the start of the preceding. At this time i ask the clerk to call the roll. [roll call] [roll call] [roll call] [roll call] [roll call] [roll call] chairwoman, this concludes the roll call. Thank you very much. Pursuant to Committee Role 7c, Opening Statements are limited to the chair and the Ranking Member. This allows us to hear from our witnesses sooner and provides all members with adequate time to ask questions. I recognize myself do for the purpose of making and opening statement. Today, as we know were examining how the covid19 pandemic is straining our Higher Education system and discussing what Cong
Happy sunday, allie and frank. We have a warming trend that gets underway today. Outside outdoors at this hour, partly to mostly cloudy, and temperatures very similar to where we started yesterday morning. A look there over the estuary. 57 degrees to start your morning in santa rosa. Upper 50s in oakland, livermore, and san jose. Read about 60 degrees. The winds are lighter, and the bigger study for the afternoon will be that jump in our temperatures. I will have details on your sunday emma plus the extended forecast, coming up. Unions representing officers are announcing national reforms. The San Francisco Police Officers association and the Los Angeles Protective League have taken out fullpage ads in several major newspapers bid in addition to reform plans, the ads say unfortunately there is racism in our communities and that means across the country that there are some racist Police Officers. The statement goes on to say Police Unions must root out racism. A wendys restaurant was se
Company. Elon musk returns to twitter to taunt his critics. And washington approved sanctions on china over hong kong as a Top White House adviser says the u. S. Is increasingly unhappy. New trade restrictions could be on the way. Lets look at how we are setting up in asia for that final trading session of the week. To trackstocks are set wall street as we assess the latest job numbers from the u. S. We did see some sluggish data indicating the pace for hiring maybe cooling as the virus spreads. Just keeping an eye on that. Ae index could be headed for weekly gain that could massively sway sentiment. We have retail sales to from singapore and Inflation Numbers from thailand, along with a pmi reading from china. Overall, we are set to end the week higher after thursdays event. Settledg futures have lower after the index cap the biggest rise in three months, let higher by property names and chinese brokers rallied as well. Financial markets have been resilient in the face of with the ruc
Instagram. Shares of facebook plunging on friday. The stocks opening up dismally today but then leveling out and ended the day up 2 . Discuss, earlyto facebook investor and elevation orders cofounder, and also the. Thor of the book, zucked this seems different. I dont recall any time that so many major brands all at once joined a boycott against facebook on the grounds of civil rights. Would you say this is different as well . Definitely. Is part andthis parcel. Think about how different the world is today from three months ago. First, the pandemic, then the economic decline that went with it, then since the murder of george floyd, we have an awakening on issues of racism and civil rights that i believe have affected every part of the American Economy and our society. Emily so, why now . Abigail again, roger again, i think if you think about this from the perspective of an investor or advertiser, facebook gave the ability for the advertiser to reach audiences with a level of precision
The dollar index just below 97. Crude oil rallying 2 today on stocks going higher. 87. Arrel of wti 37. Lets get more on the markets. Scarlet fu is with us. Scarlet jay powell testifying before congress for two days of discussion, stuck with his message that the economys path is uncertain. We have seen indexes come off of line isghs but the positive. You look at the industry groups, 20 groups are higher. Within the dow, 29 out of the 30 names are up. In terms of leaders, caterpillar, boeing. The white house is preparing a 1 trillion infrastructure proposal. Up 4 frastructure etf right now reflecting higher demand. Retail is up after a record gain in sales. A lot of retail names are heavily shorted, so you could be seeing a short squeeze as investors rushed to cover their bets. All of it comes back to fundamentals, like earnings. Morgan stanley talked about the disconnect between the optimism out there and the bottom line. Andgap between the s p 500 as aftertax profits has soared to rec