Looking at a v. Shape not too long ago but what this 2nd wave and even 3rd wave of possible cases were saying this isnt going to go anywhere anytime soon and more stimulus again will lead to more of that and a longer recovery but the American People say they they need to see the money businesses are dying kristie we were still in the midst of a busy earning week though it was some pretty big movers today including fries and netflix now you lay lilly and more we have a pretty mixed bag of results how are these earnings playing out this quarter. Well like i said its been a pretty mixed bag some names like snap reporting tremendous growth during kogut and other names like netflix which initially search for in the stead home mandate now dropping on the growth but the Common Thread between all of these names that outlook and growth still remain uncertain and no management wants to communicate or make statement on the future right now so nonetheless we thought the major swings in the sand th
And the covid gender divide. The virus forcing more women than men to leave the workforce. Tonight we go inside the troubling new report announcer live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Good evening again 19 days till the election. And less than an hour away right now from dueling town halls. The president ial debate canceled instead President Trump and joe biden will face questions straight from voters President Trumps town hall is in the battleground state of florida while joe bidens is in the must have of pennsylvania. A live look at miami now where Savannah Guthrie will moderate nbcs eventual with the president. About 60 florida voters, some of them said to be undecided, to be in the audience and asking questions. You can watch it here on cnbc and across nbc platforms right after this newscast. The former Vice President prepping for his own town hall in philly. Same time on abc meantime, his running mate Kamala Harris pulled herself o
We should. Everyone is contributing way but we also know that this crisis will not go on forever the challenges create the response has been much so many good people are helping us. It makes us feel very proud that we are in it together. This is boom bust that one business show you cant afford to miss im sorry mando sales man washington coming up the markets continue to watch us stimulus talks as we inch closer to the election when he reaches 2020 thanks to a major announcement from pay pal and all. These expert dr William Schaffner about the race for grown a virus are seen and how long we still have to wait for an affective shot to prove we have a lot to get to selected or. A top general reserve official is calling for more fiscal monetary spending Federal Reserve governor bernard said that the recovery remains highly uneven and without government funding our Government Spending long standing disparities in the economy and labor market could make matters worse in prepared remarks to a
But i think that the idea now is that we have to hit back hard, we have to hit back strong if were going to finally put this dual crisis of the pandemic and the economic pain that is engendered behind us. With respect to larrys point, one thing is just wrong, which is that our team is dismissive of inflationary risks. Weve constantly argued that the risks of doing too little are far greater than the risk of going big. Providing families and businesses with the relief they need to finally put this virus behind us. Second, i want to quote fed chair Jerome Powell who strongly reiterated this view the other day, i think it was just a week or so ago, that inflationary risks are also asymmetric right now. Im much more afraid of people losing their careers and life that they built because they dont get back to work in time. Im more concerned about what that will do not just to their lives but to the American Economy. Im more concerned about that than which exists with higher inflation. In our
Lauren simonetti watching the market action. Blake burman on the white house beat. Hillary vaughn on the scene of the big debate, the vicepresident ial debate in salt lake city. Well get to all three of you. Blake, with a lot to cover. The first things first. The president in the oval office right now . Reporter he is indeed, connell. I was talking to a white house official probably about 20, 30 minutes ago who told me the president is indeed in the oval office. I was told according to the white house official the president was being briefed on two matters. One, the monster hurricane out in the gulf right now that could potentially make land shore friday, texas, louisiana, mississippi, hurricane delta the president is briefed on the latest on the relief talks seemingly over at this point. The president wants stand alone bills. Well get to that in a second. We also got a Health Update on the president today as he is now back in the oval earlier today from his doctor, who said the follow