Score lately what one new study is saying about the American Household and it may be good news for you on this monday, october 19th. This is Worldwide Exchange. Good morning, good afternoon, good evening, im Brian Sullivan thanks for joining us to kick off your week. Heres how things are looking to start this new week. Futures are solidly higher dow futures up about 135 points. Its a big autumn so far the nasdaq and nasdaq 100 coming off the fourth straight winning week both now up around 4 since the beginning of october small caps, they continue to shine. The russell 2000 up more than 8 on optimism for more stimulus as well as hope for a domestic economy rebound. Check this stat of the day out in the s p 500, 60 stocks are up more than 10 this month the best of the best is tapestry, tpr, the old coach retailer on the more macro front, another huge day for speakers from the federal reserve. Chairman Jerome Powell will make remarks along with three other fed speakers actually five other
Universities write to the uk education secretary calling for more money to help with the cost of taking in extra students following a government u turn on a level grades. And coming up this hour, the three victorian forts originally built to defend england against the french going up for sale. Hello and welcome. If you re watching in the uk or around the world 7 and stay with us for the latest news and analysis from here and across the globe. The number of people being randomly tested in the community to track the prevalence of covid 19 is to be incased up in england. From october, 150,000 people will be tested every fortnight as part of the office for National Statistics programme which is separate from the Mass Testing Programme of people who have symptoms. The figure is up from the 28,000 in england who are currently sent a home testing kit. Testing will also be expanded in scotland, wales and northern ireland. The health secretary, matt hancock, says the expansion of testing in the
And this is the one bit to show you cant afford to miss more in washington coming up also the ongoing global unrest and provirus has been the Oil Price War between opec member we catch up on the moves in the oil sector where demand stands amid the drop in travel plus i. G. M. Has announced that the company is stepping out of the facial recognition game after growing outrage surrounding the practice we take a dive into the Controversial Technology and how the firms stock is reacting we have a fact show today so lets dive right in. And the United States has officially entered a recession in february of this year ending 128 months of economic expansion which was the longest run in more than 150 years. According to the National Bureau of Economic Research now the announcement from this organization comes much earlier in a recession than they generally like the any b r wrote about the situation saying the unprecedented magnitude of the decline in employment and production and its broad reac
Run into the house like they dont want to they dont want to talk see her get your mail or anything like that. I just want to go. Back and do that. Just try read a. Good chance someone give me. And this is the one bit the show you cant afford to miss more in washington coming up also the ongoing global adolescent kroto virus has been the Oil Price War between opec members we catch up on the move. Moves in the oil sector and where demand stands amid the drop in travel plus i g. M. Has announced that the company is stepping out of the facial recognition game after growing outrage surrounding the practice we take a dive into the Controversial Technology and how the firms stock is reacting we have a fact show today so lets dive right in. And the United States has officially entered a recession in february of this year ending 128 months of economic expansion which was the longest run in more than 150 years according to the National Bureau of Economic Research now the announcement from this o
A recession than they generally like the any b r wrote about the situation saying the unprecedented magnitude of the decline in employment and production and its broad reach across the entire economy warrants the designation of this episode as a recession even if it turns out to be briefer than earlier contractions now economists generally define a recession as 2 consecutive quarter months of 2 consecutive quarters of Economic Contraction g. D. P. In the us has already fell by 5 percent in the 1st quarter of this year and the economy is expected to climb by a steeper margin in q 2 of 2020 lets get some expert analysis on this and and the state of the economy with todd morris chief strategist at bubba trading and cohost christiane who joins us from los angeles thank you both for being here today but i want to start with you now the end declared that the u. S. Recession began officially in february now this marks the fastest and b r has actually declared any recession. Is this a good thi