Will stay out of its funny that you mention my pump who who says that he believes that endangers europe because it would make it dependent on russian gas and then he says would endanger ukraine in his opinion he says in my opinion so opinions here and matter a lot georgia Russian Foreign minister Sergei Lavrov is saying that the u. S. Should stop speculating on our stream too and that it should now be a matter of principle for germany to actually go through and complete the project. Well ben is right this is a particularly egregious use of the sanctions weapon against remind you a close ally of the United States germany is not some Banana Republic in Central America germany is an ancient and big power d in the oil ally of the United States and of course the biggest economic power in the European Union by some distance it just goes to show i say in parenthesis how absurd the charge of the Trump Administration is somehow a puppet of the russians this is of course not just short of war ag
The pandemic. Attacks and interruptions. That is what most of the audience remembers from the first president ial debate between President Trump and Vice President joe biden. Now the commission on president ial debates is calling for a new format. Senator blackburn will be my guest. Stocks finishing higher on hopes of a new stimulus bill, but it was a choppy day. Abigail doolittle joins us from new york. Walk us through the ups and downs. Abigail certainly fitting it was a choppy day because it was a choppy quarter. And following the pattern we have seen over the last few months. Redad the premarket in the after that debate, the chaos, investors not liking it. The s p 500, up more than 1. 5 . Afternoon news that a stimulus agreement had not been reached, stocks really nosedived, not into the red, but the s p 500 only up about 3 10 of 1 . Day, windowf the dressing to the third quarter, it was the mega cap stocks that did save the day. Apple and microsoft, both up about 1. 5 , again not
Washington coming up the numbers are in the United States took a major hit to its g. D. P. In the wake of the coronavirus dropping more than 30 percent annually straight ahead we analyze the extreme drop and the state of the real economy here in the u. S. Plus a big texas seeing an influx of antitrust cases as tech tensions continue to rise across the globe later on in the show where to take a look at the cases and whats at stake moving forward with a packed show today so lets dive right in. And we lead the program with the latest Economic Data out of the United States the Commerce Department reported wednesday Gross Domestic Product fell by a record 31. 4 percent in the 2nd quarter of 2020 now the number was a slightly better than the 31. 7 percent decline projected in august the contraction was more than triple that of the previous record holder of 10 per cent in the 1st quarter of 1958 now economists back substantial gains in the 3rd quarter as. Millions of americans have gone back
Question of the American Dream but the bigger question of who the dream is for. This is a boom bust the one business show you cant afford to miss unfair montecito going to washington coming up the u. S. Is expanding sanctions to ramp up the pressure against the north trying to pipeline between germany and russia we have an expert panel. On the d. O. J. Is filing suit against internet giant google will discuss whether or not to be the 1st of many antichrists lawsuit to break up the Worlds Largest tech company we have a lot to get to so lets get. The north stream to saga continues as the United States is stepping up its efforts to block the north stream to pipeline which would provide natural gas from russia to germany u. S. Secretary of state my palm peo says the u. S. Is creating a coalition of nations to help prevent the pipeline from being completed the pipeline is supposed to provide a major cost benefit to the German Energy market with natural gas being delivered directly without a
A network thats totally dishonest c. N. N. Is says you know 100 percent negative. Change fast changes so sometimes ill say thats going to be a great story be a pretty good report another as good as you. Will see what happens. I always say who knows what well see on this bill will be a success. But the catalyst of all of this. I want look at what why did. You call prove it but there are also friends. Are still so but the so will be to do something this year. Which will. Be the other about that this is the only ill go if i was there with someone that you know will go to that. I. This is boom bust the one business show you cant afford to miss and there montecito going washington coming up Us Federal Reserve minutes were just released with a bit of good news for an economic recovery but it could all be gone without the help of congress and the white House Democrats unveiled and the nearly 450 page antitrust report targeting big tech what is some possible changes to federal antitrust rules