Row. Weve got fox Business Team coverage. Blake burman at the white house. Hillary vaughn and Edward Lawrence in washington. Well start with blake. The latest on reaching a deal for covid19 relief. Blake. Reporter hi, jackie. Every afternoon around this time we say there is another big meeting up on capitol hill. Let me start by saying there is another big meeting up on capitol hill. Treasury secretary steve mnuchin, white house chief of staff mark meadows are negotiating with the top two democrats Chuck Schumer and nancy pelosi. Walking into the meeting mnuchin and meadows were quote, unquote, hopeful. According to sources im told during yesterdays meeting, those two, mnuchin and meadows impressed upon schumer and pelosi if there is not significant progress in the upcoming days, that could increase the possibility that President Trump would go ahead and use executive action. That is why one source described the meeting that is taking place up on the hill right now as quote, unquote, b
Full. This model has been open for five hours. The line started at about 4 00 a. M. As the morning progresses, it is is certainly getting busier. The line started to get people into the mall. Giving out these free gift cards that drew the traffic. It is an outlet. 60 off off the entire store. You have to boys. I am sure they like sneakers. Look at this line for the nike store. The entire store 30 off. Because it is an outlet, you can walk out of here with sneakers as low as 20 bucks. A lot of action has in here today. It is black friday. This is what i will say. People are showing up. They are showing up for the experience. A lot of young kids, college students, gently. A College Reunion earlier in the day. Now there are a lot of families. As it gets later on, you will see more the baby boomers. Different generations making their way through. Brickandmortar is not dead, but online is really booming at the same time. If you have an experience like this one has, it will get crowded. I am
Phil flynn has his eye on oil and gold at cme. Hillary vaughn is live in dallas today at a google roundtable event. Gerri to you first on the rollercoaster session. Reporter wow, wow. You said it at one point during the day we dropped 336 point on the dow the within that hour we turned green. Maybe expectation after rate cut, maybe two by the end of the year. Traders like that idea even though the Services Sector appeared anemic here. Dow, one week. We were down 840 points combined tuesday an wednesday. Now we are in the green today. But on the week, the dow is down more than 2 . S p down more than 2 . Nasdaq down 1 . We have got a ways to go to see our way through this thicket. Dow laggards this week, 3m, one of the industrials stocks getting killed bit manufacturing report earlier in the week. Price target cut by barclays and credit suisse. Bad news for 3m. Theyre down 5. 63 . Caterpillar same story. Industrial stock getting hammered by this bat news on manufacturing. Goldman sachs,
Year, the Vice President gave a speech on china which he took issue with basically the entire chinese model, the economic model, the political model, chinas, chinas stance on human rights, that was viewed then as the administrations hardline on china. So, the Vice President was set to give a speech just days before President Trump and president xi are set to have the meeting at g20 in china, however, now the white house is backing off of that. This decision comes just a couple days after of course President Trump and president xi got on the phone, had that phone call, which the president described it as productive, said there will be expanded meeting at the end of next week. The thinking here, neil, the tensions are being lowered between the u. S. And china on the trade front, just a little bit, heading into this Big Conversation next week. Speaking of tensions, completely different feel as it relates to iran, president acknowledging this morning that he had authorized a strike as reta
Maria welcome back. Good wednesday morning. Thanks very much for joining us i hope you are having a good wednesday i am maria bartiromo. It is wednesday, march 13, it is 8 00 a. M. On the east coast, former special counsel robert hur defending his report on President Bidens mishandling of classified at this moments in a house hearing said biden willfully retained documents read out classified notion of government wry dplalt republican lawmakers clashed with his findings. The president i did not share classified information i did not share i guarantee i did not. That is not true is it mr. Hur . That is inconsistent with the findings based on in evidence my report. It is a lie . You exonerated him. I did not exonerate him has, mr. Hur my time. All i have to do when i am caught taking home classified materials is say i am sorry mr. Hur i am getting old my memory is not so great. Congressman. This is doctrine you established in laws now it is frightening. You cannot tell me heure so naive