Seasons bubble as the league finds success making the season happen and insider buying two names that have c suite executives going on buying sprees they have been on the money so far. This is Worldwide Exchange here on cnbc welcome. Good morning, good afternoon, good evening from wherever in the world you are watching to end your week on a friday morning. Now how the markets are setting up your day. Futures are well in the red. Down 192 points the dow did fall yesterday 80 points, the as well. That was after the record high earlier in the day if the s p 500 closes at a record, it would be the fastest recovery from a 30 drop in its history. We are not there yet but we are getting close. All three major indices are positive for the week at this point with the dow leading charge at 1. 5 futures are down but it could look like another positive week. The longest from back in 1992. There is a lot to get to today lets talk about global trade. Karen tso is in the london news room with more we
Should not be ended as fast or as abruptly as they are 1 then what is the actual trade here and florida unfortunately heres what i wish we could report right if you were in a Perfect World you and i would go on the air today and say the surge of cases. Of coal that my team are down oh and by the way employment is up yeah unfortunately we only are able to attach ourselves to half of that story which is employment is looking like its starting to go up by the way and when we say you know comparatively speaking because yeah better. Lets not lets not set off as my mother would say any fireworks yet but if were playing with. A little tiny bit but were still seeing kobe 1000 cases go up in places like florida then you know most Health Experts would say its not a good tradeoff. Some economists would say ok politicians depending on their party would say yeah we love that lets keep doing it so thats kind of whats going on right now in places like florida and arizona and others its a little bit o
The morning thats the way were kicking off this hot day. You can see the humidity, especially in areas like oakland, San Francisco, san jose up to santa rosa. Now hot weather today means advisories in orange heat advisories closer to the coast or inland areas where temperatures will exceed 100 degrees in the evening lows want to be all that cool are under excessive heat warnings through the weekend and into next week as far as skies go you can make out that cloud cover sitting there at the coast couple of offshore sprinkles from that system that has brought us such a humid feel. Todays daytime highs, not the easiest things to look at concord livermore antioch morgan hill napa novato just a few of our areas that will be triple digits this afternoon. Hayward at 97 oakland at 91 degrees today, even parts of San Francisco, tapping into the upper 80s got more on your forecast still to come. James all right, thank you very much john. Lets get out there to help manage the heat wave cooling ce
Of the outofcontrol spending we saw in 2008 and 2009 with Bank Bailouts and stimulus bills. We were upset with the outofcontrol growth of government. Instarted doing tea parties february of 2009. On aprile on tax day 15, 2009. We didar in september, the taxpayer march in d. C. We have had wins and losses. When we look at spending right now in washington, we are concerned. We think it is time to stop the spending we are seeing right now. Holidaypayroll tax which i understand is off the table. I think it would be the right thing to do. Work to help get americans back to work so that they are able to provide for their families. Host the Washington Post headline, u. S. Budget deficit shattered onemonth record in june as spending outpaced revenue by 864 billion. A huge spending increase led to the deficit. The deficit has breached 2. 7 trillion. Do you hold the president responsible . Guest what we are seeing now is largely because of the unprecedented pandemic and the response to the pande
This is boom bust the one business show you cant afford to miss im sorry montecito in washington coming up new unemployment claims in the United States dropped below 1000000 for the week as we look to find the bottom of the pandemic coverage and there are a lot of headlines about trade tension between the u. S. And china dont forget the u. S. And the European Union will they still have trade issues of their own have a lot to get to so lets get started. Its thursday which means u. S. Unemployment numbers were released weekly jobless claims fell to 963000 last week now this is the 1st time the numbers are below 1000000 since mid march that was when the coronavirus was declared a pandemic in late march. U. S. Filings hit nearly 6900000. 00 in a single week while the better than expected numbers come as President Donald Trump issued an executive order that provides an extra 400. 00 a week of unemployment thats down from the original 600. 00 of insurance but those benefits may not show up f