Wallet. Well see that math. Fox Business Team coverage, Lauren Simonetti is watching the markets but well kick it off with blake burman who is at the white house as we await the president s remarks. Blake. Reporter melissa and connell, for the second day in a row the main event for the president will involve deregulation. Senior Administration Officials are not saying whether or not there will be a big policy announcement here. They will say, it is quoteunquote, victory lap. Here is the press secretary Kayleigh Mcenany from earlier today. The president reversed the disasterous overregulation of the obamabiden administration. Under President Trump 7 deregulatory actions have been taken for everyone new regulation. This amounted to 50 billion in regulatory cost savings. Reporter elsewhere today, some pretty eyepopping comments from attorney general bill barr as he unloaded on chinas ambitions and role u. S. Companies play in that company. Google, microsoft, apple, all have quote, been to
From the white house, Lauren Simonetti on markets and. Lauren with, dow down 1000 points we start with you. Lauren good news t was off the lows of the session. This is ugly. What a way to start off the new month and new quarter. The dow down 973 points. Broad selloff. President said it would be tough new weeks. Number of Coronavirus Infections in the utz top 200,000. If investors were spooked they got more spooked. Boeing, American Express by the way leading the losses on the dow today. Setting the tone this morning was the private employment number. You know what . It is an old number. It only counted half of march before the lockdowns in states throughout the country. That was a negative number. It sets us up for what well see tomorrow morning, Unemployment Benefits. Those numbers, Goldman Sachs is saying we could see 5. 5 Million People file for first time Unemployment Benefits tomorrow. Five 1 2 million on top of 3. 3 million we saw the week before. So that is an ugly part of the s
On episode 138 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Dion Rabouin and Callie Cox to discuss: the Fed's next move,…
Wall Street Journal reporter Dion Rabouin was among those laid off by the publication this week. “And honestly, I’m so happy and grateful,” he wrote on…
How the U S -China Trade War Is Delivering Big Wins for Mexico biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.