To unmute your microphones anytime you speak. If at any time during hearing im unable to chair the hearing the human chairman colon or vice chairman of the committee congressman kennedy will serve as chair until im able to return. Documents for the record can be sent to Benjamin Tabor at the email address weve provided. All documents will be entered ininto the record with the inclusion of the hearing. The chair will not recognize herself for an Opening Statement. Today the energy and Commerce Committee continues itser oversight of the nations covid19 Pandemic Responsee examining a safe and effective covid19 vaccine that the American People can trust. In the eight months we battled covid19 over 7 million americans have had the virus and tragically over 200,000 have lost their lives. Millions ofll people face on employment and have lost their Health Insurance and families are still juggling childcare and virtual classrooms. The list of those most vulnerable to covid19 is especially on th
We will begin, though, this morning with of course stocks, futures indicate an additional testing of that 3220 level on the s p. Were also talking about the possibility, however remote it might seem, of a relief package coming out of congress,given some conversation, jim, between secretary mnuchin and Speaker Pelosi do you think there is a chance i know that they both care passionately about Small Business if you look at the testimony yesterday by secretary mnuchin, he mentioned restaurants a couple of times. Thats where the yelp numbers that we get, yelp yikes is our vc, where the real damage s youre starting to talk about 50 of the bars and nightlife being closed in this country, thats way too big and i think that the secretary is really alluding to that david, do i think there will be a deal i think there is a sense that both sides feel a deal is bad for them, in other words, if they give if theres a stalemate, they will somehow do better at the election i dont think thats true, but
About the debate we have cnbc overnight polls just in. And well share. Truth is, theres never been such a thing as last night a First Official introduction of the two candidates from the committee on president ial debates follows rules. Its dignified, democratic, structured, american not last night that debate cannot be measured by traditional xs and os, regardless of how youll vote. We len defer this hour to draw distinctions between the two candidates on the issues, covid, the economy, raeshl injustice, social unrest, governance, education and so much more well do that, as best we can, based on what last nights event offered up, but lets mark this moment last night, the president called in to question the heart of our democracy, the peaceful transition of power. Is there assurance that it will happen asked to give it, the president declined, and openly sowed the seeds of distrust on the outcome. If theres no clear winner on election night, whats the process . Whats the constitution s
A rally after the fashion giant sports a boost and trades higher on a 50 jump in revenues Boris Johnson with brexit treaty as Parliament Backs the Parliament Bill as a warning it will support trade talks the eu has not taken that particular revolver off the table. I hope we can do so and reach a canadastyle Free Trade Agreement as well. Thank you for joining me today. Let me take you straight to the iea monthly report across the industry what we are hearing is that Global Oil Supply is risen by 1. 1 Million Barrels a day in the month of august as opec plus eased cuts but was down at 9. 3 Million Barrels from a year ago, so still a decline follows two months of gains in the recoveries stalled in august production in the United States fell by. 4 Million Barrels a day as hurricane laura forced precautionary shut ins the resurgence of covid 19 cases, local lockdown measures continue telly working and the Airline Industry has led to downward revisions of demand estimates for the third and F
Sell off until they realize they cant keep paying for things like snow flake because when they have to sell Something Else i think is why we have another bad day. Dow dropped 245, s p fell and nasdaq lost 1. 70 . It bounced from the lowest percent. Once again, were reminded the stock market is first and foremost a market. And markets are government earned by supply and demand. Right now the supply of new stock is overwhelming demand so the whole market just gets hammered until you trade for a living, you might now understand how this works the software a video game plan and they dont have spare cash lying around, what do they do . How do they get that piece easy they sell. They sell the stock and companies that dont understand it anyway. If you have a stock on the deal and you flip it, well, thats free money free big profits and you got to take free money when wall street is giving it to you. Take public at 52 if you got some at 52 in the deal it scored to 75 where you can cchaching. S