Handle all of the different relationships. When you have money, that weak dollar, has fueled stocks going higher and old going higher out of the march highs for the dollar. Investors turn to the Precious Metals and gains for stocks cool off, it creates an interesting relationship. David exactly. It is hard to imagine the fed is going to say remarks that is going to strengthen the dollar. Maybe there is no alternative to stocks. Abigail in terms of the meeting this week, it is unlikely there going to say much. They may set the ground for what could happen this fall, but in terms of dollars going into gold, if you think about it from an allocation perspective, all of the fresh dollars investors have or as they take chips off the table from the big tech names, into gold, it could create the headline where you have gold searches again but tech stocks down. Not great optics. Hopefully it doesnt happen, but it is an interesting relationship with this week we have some of the big tech executi
Earnings last week and announcement after four for one stock split. We have microsoft higher on a possible tiktok acquisition. We have fox Business Team coverage. Blake burman with the latest from the white house. Edward lawrence from washington. Well start with blake. Reporter hi, there, jackie and david. A lot of the action up on capitol hill there was just a twohour meeting behind closed doors between the top four negotiators to figure out a way through relief talks. Treasury secretary Steve Mnuchin and chief of staff mark meadows and House Speaker nancy pelosi and Senate Minority leader Chuck Schumer. After that mnuchin walked out of the meeting and went over to Mitch Mcconnells office to Top Republican in the senate and to brief him on the discussion. This is their readout afterwards. A lot of focus discussed on schools. Chuck schumer said we went through the numbers in person that the senate put in and proposal we have, how many children can you feed with this amount of dollars f
The women owners are defying owners. Chicago, teachers and parents once again at odds of reopening plans that even parents say are major league screwed up. California, wildfires that are raging out of control right now with no end in sight. Talk about impeccable timing . Were on top of all of that. Were focusing on developments in washington where the president is meeting with a number of tech leaders and workers. Blake burman at the white house with more. Hey, blake. Reporter hi, there, neil, and President Trump is set to be signing an executive order in washington momentarily. Im told what this will involve to try to insure when federal contracts are given out, they are given out to u. S. Citizens and not potentially h1b visa holders. Trying to insure the contracts are given to american citizens. We should be hearing from the president shortly. We will wait to see, neil if the president will be taking any questions and if he does i have to imagine he would be asked about this tweet h
Continue off the floor and the republicans 1 trillion economic aid plan in response to the covid19 pandemic. Senators have been staking out their positions with floor speeches. Now, live to the floor of the u. S. Senate here on cspan2. The president pro tempore the senate will come to order. The chaplain, dr. Black, will open the senate in prayer. The chaplain let us pray. O god, our refuge and strength, give us reverence for your greatness. Guide our senators around the pitfalls of their work, enabling them to have hearts sustained by your peace. May they surrender their will to you, as they trust you to direct their path. Remind them that leadership can work miracles with cooperation, but rarely accomplishes much with conflict. Inspire our lawmakers to be quick to listen, slow to speak, and slow to get angry. Help them to strive to live with such integrity that they give you the honor do your name. Amen. The president pro tempore please join me in reciting the pledge of allegiance. I
And black lives matter have plunged portland into chaos. The leftist acts attacking citizens activists attacking citizens and destroying property, and the mayor just grins at it all. Ing Law Enforcement under constant attack. And today the police had to step in to clear two downtown parks of demonstrators trying to create their the own autonomous zone. Businesses have lost millions of dollars because of the rioting and the looting, and federal buildings including the courthouse have been fire bombed and vandalized. Acting dhs secretary chad wolf today said, quote a federal courthouse is a symbol of justice. To attack it is to attack america. End quote. I would add, to attack a city is to attack america. Federal dhs and doj officers and agents have been deployed to protect the courthouse and other federal buildings and to keep the mobs in check. The radical dems arent happy about that. They dont want the federal agents in portland for obvious reasons, because the feds, of course, will p