Just interviewed the president , blake. Reporter melissa, we did indeed speak with President Trump earlier this afternoon for about 12 minutes or so here at the white house. Covered a host of topics with the president. First and foremost in that interview the president says he will be talking about Mitch Mcconnell tonight regarding next step face four relief measures and the president says he does support another round of direct payments to individuals let me start with phase four and what might potentially come later this month. Another round of direct payments for individuals, do you support that at this time . I do support it but it has to be done properly. I support actually larger numbers thant democrats but it has got to be done properly. We had something where they wanted, it gave you a disincentive to work last time. It was still money going to people and helping people i was all for that but we want to create a very great incentive to work. Were working on that. Im sure well a
Tatatatataoooot a a a futures diintica dngliecec at startffff trtradown 50 po 50 ts 50 nnhehe sdaq a s p downow 28 on8 tus aftertreron rally kikied o o the t t yes yrd y llimee high. Aq t t yetet who tip intoed the Paycheck Protection Programs, Company Including law offices, girl scouts and pf changs and even kanye west. Crime rising in major u. S. Cities, state of georgia declaring National Emergency following week of violence in atlanta. Mornings with maria is live right now. Maria Global Markets are red across the board. The cac quarante in paris down 57 and dax lower by 176 this morning even though there are signs of recovery to tell you about in germany. Industrial output rebounded in the month of may rising 7. 8 . In asia overnight, markets mostly lower with the exception of china. Stocks rose again in china following big rally on monday after state media said that china needs a healthy bull market and ready to add support to attract investors. As soon as ccp tells millions are o
Closing at record new high for the second day in a row, with amazon, microsoft, facebook, netflix, we seem to say those names a lot. We have fox Business Team coverage. Edward lawrence in washington, Hillary Vaughn following the Biden Campaign in dunmore pennsylvania. And jeff flock in chicago. Well start with latest from edward. Reporter big news today, two Supreme Court rulings, one for the president , and one against the president. It denied democrats in the house to president s records and tax returns. Decision by chief Justice John Roberts who written, who wrote that, basically the lower courts did not take into the account the separation of branches of government. The subpoenas should meet specific legislative objectives. He added this in the language, quote, the specificity of subpoena request sufficient safeguard of unnecessary intrusion into the office of the president. Now House Speaker nancy pelosi says that she will keep this going in lower courts. There was never any way t
Markets under pressure this morning to the tune of 100, 74 points lower, nasdaq is up 7 points. S p 501 just down a 500 just a point. House democrats passing Police Reform bill but not expected to make it to President Trumps desk. A bill bruised in the senate to allow autonomous zones as the president prepares to sign off on order to protect monuments. Unanimously passing sanctions in country in reaction to restrictions of hong kongs freedoms. 2020 race, new polls show joe biden leading in key battleground states. Mornings with maria is live right now. Maria Global Markets this morning. Cac quarante up 77 and dax index in germany 115 points. European central bank kristin lagard said the worst of the coronavirus is still behind him but concern of a second wave to come potentially. In ash overnight, markets were mixed, markets in china remain close for holiday. Asian economies head to worst quarter since 2008 in the financial crisis. Kospi was up 1 , and japan nikkei average up better th
Month. The Unemployment Rate fell to 11. 1 . That is sparking a rally as investors also ignore rising coronavirus cases. Right now, as you can see, we are hovering just above 26,000. We may hit session highs once again. The dow was up more than 400. We will see if we can kick it up in the last hour. The s p up 34, the nasdaq up 122. This could be the 23rd record close for the nasdaq and second day in a row we got records for the techheavy nasdaq. We shall see. The june jobs report reflecting the reopening of america. Atlantic city casinos rolling the dice on reopening today. The ceo of golden gate casino shares his advice for his competitors after opening his vegas casinos just last month. But gym owners are still waiting for the green light to reopen in many places. Beach body ceo and founder on gym owners rights to the workathome boom. And its ipo day for lemonade. We will talk to the ceo of the insurance app thats targeting millenials and disrupting a very traditional industry. Less