4 00 oclock on wall street, nasdaq up 300 and s p higher by 67. Wild fires raging up the west coast this morning, several people now dead, homes destroyed and evacuations underway. Many areas bathe in orange glow of fire. Almost open for business, new York City Restaurants can allow Indoor Dining at the end of the month but there are strict rules to follow. In the next hour a Restaurant Owner and lady gagas father joe is here to talk about the state of the Restaurant Industry and whether his daughter will take a seat inside. Sky high technology, we are introducing you today to what some are calling the smartest and best drone yet, Android Industries Palmer Luckey is here 8 30 eastern with exclusive announcement and back to grid iron this morning. Fox sports is back and bringing nfl along with it. We have a preview of games to expect. Mornings with maria is live right now. European markets trading mix, the dax index is higher by 43, we are waiting the European Central banks decision out
One hundred thousand cases a day. New york expanding the list of states on quarantine list as well. Markets this morning the first day of the Third Quarter, futures indicating this morning we are going to see a decline at the start of trading to kick off Third Quarter. Dow futures down 109 points and s p futures down 9 and a quarter. Yesterday u. S. Markets closed strong Second Quarter in the green in hope of additional stimulus. S p 500 yesterday up 47 points at 4 00 oclock on wall street. Markets had their best quarter in more than 20 years, take a look. Secondquarter numbers, up 17 on the dow, 30 on the nasdaq. Defunding the police, new york city cutting the Police Budget by 1 billion, some including like alexandria ocasiocortez says it isnt enough. Ray kelly will join me live at 7 30 a. M. Eastern joining me on the movement and what it means for already rise in crime throughout the country. A new era of trade begins the u. S. Mexicocanada trade agreement is in effect. Wilbur ross w
Protection program and businesses of all sizes have started to use the tax tools that we provided for their liquidity. But in that time the critics have also done what they do best. They criticize. The need came has seized on an opportunity to perpetuate every negative story that critics can manufacture. You can imagine my surprise when democrats criticized the net operating loss carryback provisions in the cares act. Because oddly democrats previously supported the last three bills where we expanded the net operating loss carrybacks in 2002, 2005, and even in 2009 with all democrat rule. So i dont recall in any of those instances any partisan attacks from democrats about this previously bipartisan, antirecessionary policy tools. So why now . Sadly, that irresponsibility has led our democratic colleagues in the house to pass legislation that would take back important tax tools that we have provided in the cares act to the tune of 254 billion, and thats a tax increase on the american bu
The vote 11 40 eastern, a final vote around 1 30 this afternoon. Now, live coverage of the u. S. Senate here on cspan2. The chaplain lord god, in these difficult and challenging times, remind us that the earth belongs to you, and you have not abandoned it unite us with the understanding that you are our father, and we are all members of the human family. We pray for all who have been impacted by the pain of this us to crisis season. Use our senators to make the weak strong, the sick healthy, and the broken whole. Lord, surround those who have been shaken by anguish with your divine presence and peace. We pray in your loving name. Amen. The presiding officer please join me in reciting the pledge of allegiance. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. The presiding officer the clerk will read a communication to the senate. The clerk washington, d. C. , jun
Recognized, those of us in the senate and the house, recognized that we had to take special effort to protect the economic viability of the Small Businesses in our country. They did not have the reserve capital. They did not have the resiliency in order to deal with this prolonged downturn in our economy. Eight weeks ago we came together, democrats and republicans by a 960 vote and passed the cares act. I was proud that a significant part of the cares act responded to the needs of Small Businesses. We had a working group, a bipartisan working group. Senator rubio, the chairman of the Small Business and Entrepreneurship Committee. Im the ranking democrat. We were joined by senator shaheen and senator collins. And we worked on an expedited way in order to see what we could do to help Small Businesses get through covid19. And the cares act provides new opportunities for us to help Small Businesses during this unprecedented disaster. We passed the p. P. P. Program, Paycheck Protection Prog