S p 500 higher. Groups leading gains include stayathome stocks, consumer services. Oil after inventory close to 41 per barrel, big drawdown way more than anticipated. The 10 year yield up. The dollar index continues to weaken. Plenty of strength in euro. We will talk Canadian Dollar in 10 of 1 after the decision from the central bank. Ministers agreed to boost oil output. This will be offset by members that did not fulfill commitments in june, such as iraq and nigeria. The saudi minister sees a ceiling. Ellen, this was the deal agreed to by members. Will that have any impact on members for those countries so dependent on china . Ellen that is a huge question. According to the saudi oil minister, not a single barrel will be exported extra in august compared to july. He perceives saudi arabia will consume extra barrels produced domestically and while the price people in saudi arabia pay for oil cost has gone up recently, it is not merely what the saudi government would get if they were s
Point on renault. There is no question the labor economy overwhelms everything else. The depression of labor is absolutely front and center into this week. With all the other news and distractions as well, the labor economy, globally, is stunningly week. Francine we will have a lot of folks on unemployment across the world. Ritika in minneapolis, a third night of violent protests over the death of a black man who died in police custody. Protesters torched a Police Station and a number of businesses were also burned. Demonstrations spread to other cities in kentucky over another police shooting. The president called the rioters thugs and threatened to send in the national guard. This came hours after the president issued an executive order seeking liability protection. Earlier this week, twitter began selected factchecks of his tweets. Today, President Trump will announce his response to chinas crackdown on hong kong. The president says he is not happy with new legislation that curves f
Plunges and a financial panic gripped the world. This land is your land this land is my land from california to the New York Island i have but one desire, and that is to see my country again on the road to prosperity. This land was made for you and me let me assert my firm belief that the only thing we have to fear is fear itself. By the time Franklin Roosevelt gives his march 1933 inaugural speech, almost a quarter of the nation is unemployed. More than 5,000 banks have failed and drought is persisting in key agricultural areas of the country. Coming up in the next hour, stories from the Great Depression as we take you around the country to places like toledo. And then in 1931, five of the six largest banks in toledo all failed at the same time, which made it the largest banking failure of the Great Depression. Two successful Infrastructure Projects of the time still impacting us today. And to one ending in tragedy. Well take you to saint paul where depression gangsters and the corrup
Now on the crypto twitter sphere this is pink whoa jack and its money go birth yes i know youre thinking i look a little bit like pink lo jack for that no jack jack well jack i think were jack yes i do look a little bill if thats prince or go home to her money printer thank wont jack go burrow now was this. This is a printer roller this started the American Revolution because this technological advance allowed newspapers to get out quickly and allow the word to get out that we need to revolt and we need to change everything in the america to become independent you invented this like great great great grandfather hugh bax well thats right he invented this 1817 but after the revolution. And whats this fears of me you know that this is a laundry press looks like a Printing Press sorry laundering money with a Printing Press i think whoa jack whos a conducting me more fair. Whats all this mean. If yes all of these are in our headlines and actually thats why im also wearing my ovaries arc ca
Series the ozarks series got me thinking ok because what is that was our series is this respectable middle class family from chicago moved to the ozarks in missouri because the guy well the couple theyre laundering money from Mexican Drug Cartel so when they arrive in the ozarks what do they do they look for money losing businesses big money losers they must be huge money losers because they need to launder a lot of money for the Mexican Drug Cartels so that story line from the ozarks stood out to me when i saw this headline and read through this data from wall street dot com what uniform money sinkholes actually disrupt he goes through wayfarers zillow left we work carve on a tesla air b. N. B. Casper sleeves who may and all of them are losing huge amounts of money so much ill tell you just wayfarer which is this online distributor of furniture right you go there and you buy some furniture and its supposed to be cheaper well it apparently is so cheap theyre giving it away because the