His new book that chronicles the rise and fall of general electric, a corporate titan. All that coming up. But first, lets take a look back at some of the weeks big moments and the top news item makers on mornings with maria. Heres this weeks edition of talkers. Republican aides say a two month extension of the unemployment aid expansion is being considered. Do you want to see that . No. The white house is not there yet. The president s not there yet. We know this expiration, we suggest that we make a deal. Maria whats your take on a middle ground in terms of the federal Unemployment Benefits right now . With respect to the 600 a week benefit, that wassing . Extraordinary that was done back in march. It was important when we were closing our economy. Maria do you have a sense of what industry you are, youre looking toward . So were looking for what we call the superdurable growth company, a business that can grow for a very long period of time, very high barriers to entry, its difficul
Sanctions and claims to the South China Sea take center stage today. Stocks are shrugging it off. The dow up more than 400 points but the big tech is struggling faang, internet names that have been on fire are seeing weakness today. Were following it all 59 minutes left of trade. Certainly weve been all over the place in markets but were up as we stand with the major indexes we have a big line up of guests. In a few moments well speak with shrewsberry, cfo of wells fargo. And Robert Kaplan will join us and well speak with Michigan Governor Gretchen Whitmer an earlier biden endorser as biden lays out more details of his economic plan. Lets focus in on the big stories were watching at this hour wilfred has the highlights ph wilfred, start off with the banks here. The key focus, sara, as we expected it to be on provisions for potential bad loans. They rose from all the banks from q 1 to q 2 and rose more than expected. Wells fargos more than doubling quarter over quarter the big question
Headlines. Fang with all the headlines in the greens, apple, amazon, netflix up 1. 5 . Tech remains hot, hot, hot. Still to come, definitely coming on todays show, coronavirus cases climb and states continue to rethink their opening plans. Well speak with fed chair James Bullard, what it means for the economy. Shares of Taylor Morrison posted record sales well speak to the ceo about whats driving the strength in the housing mark up a third of the percent. Lets start focusing on the big stories. Mike santoli tracking the markets, meg tirrell with the rising case count and courtney watching flags in the Retail Sector mike, lets kick things off with you. Market idling right here, holding above the flat line for the moment it seems like stealth pullback consolidation weve had last few weeks, s p 500, talking about a summer trading range this is what we had last summer. It looked like that on a narrow basis. Scares in both directions. Were not there in terms of prolonged sideways action. Th
Rise and fall of general electric, a corporate titan. All that coming up. But first, lets take a look back at some of the weeks big moments and the top news item makers on mornings with maria. Heres this weeks edition of talkers. Republican aides say a two month extension of the unemployment aid expansion is being considered. Do you want to see that . No. The white house is not there yet. The president s not there yet. We know this expiration, we suggest that we make a deal. Maria whats your take on a middle ground in terms of the federal Unemployment Benefits right now . With respect to the 600 a week benefit, that wassing . Extraordinary that was done back in march. It was important when we were closing our economy. Maria do you have a sense of what industry you are, youre looking toward . So were looking for what we call the superdurable growth company, a business that can grow for a very long period of time, very high barriers to entry, its difficult to compete with. Were looking f
His new book that chronicles the rise and fall of general electric, a corporate titan. All that coming up. But first, lets take a look back at some of the weeks big moments and the top news item makers on mornings with maria. Heres this weeks edition of talkers. Republican aides say a two month extension of the unemployment aid expansion is being considered. Do you want to see that . No. The white house is not there yet. The president s not there yet. We know this expiration, we suggest that we make a deal. Maria whats your take on a middle ground in terms of the federal Unemployment Benefits right now . With respect to the 600 a week benefit, that wassing . Extraordinary that was done back in march. It was important when we were closing our economy. Maria do you have a sense of what industry you are, youre looking toward . So were looking for what we call the superdurable growth company, a business that can grow for a very long period of time, very high barriers to entry, its difficul