See an upcoming surge with a packed show today so lets dive in. And we lead the program with the u. S. Equity markets in turmoil the dow and s. And p. 500 are both on track for their worst week in more than 12 weeks the news comes as investors react to several issues facing the economy including the Federal Reserves Economic Outlook which estimates u. S. G. D. P. Will fall by 6. 5 percent in 2020 despite expected growth in 2021 in 2022 now there is also data regarding the new weekly weekly jobless claims released thursday by the u. S. Labor Department New unemployment claims were just over 1500000 for the week ending june 5th and it should be noted that these numbers come in under the 1600000 new claims expected by economists polled by dow jones the number was better than the 1900000 new claims the week prior and then theres the fear of a 2nd coronavirus wave as some areas of the united. Variants are seeing a spike in new cases are key corresponded tribute chobits has been following th
Admiral James Stavridis. Why do you refer to yourself as the accidental admiral. Guest what a great question. First of all because at a certain level all of our lives are accidents. You can choose to steer a particular course, but the sea will come, the wont will come, youll move ultimately in a different direction. More prosaically it comes from a period in my career when i was a four star admiral, fish issuing the u. S. Sorry command and charge of all military activities south of the out and i was very hopeful of going pacific next as a commander of u. S. Pacific command. Which is a very traditional position for a senior admiral. My boss, wonderful boss, secretary defense robert gates, bob gates, said, stavridis. Were going to send you to nato. I was the first and thus far the only admiral to be spree supreme am lied commander in nato and just an accident of timing and faith and secretary gate decision. So from the nato perspective i was at the dental admiral who became the supreme a
Ten admirals and the voyage of character, which was published late last year. Admiral james stavridis. Why do you refer to yourself as the accidental admiral. Guest what a great question. First of all because at a certain level all of our lives are accidents. You can choose to steer a particular course, but the sea will come, the wont will come, youll move ultimately in a different direction. More prosaically it comes from a period in my career when i was a four star admiral, fish issuing the u. S. Sorry command and charge of all military activities south of the out and i was very hopeful of going pacific next as a commander of u. S. Pacific command. Which is a very traditional position for a senior admiral. My boss, wonderful boss, secretary defense robert gates, bob gates, said, stavridis. Were going to send you to nato. I was the first and thus far the only admiral to be spree supreme am lied commander in nato and just an accident of timing and faith and secretary gate decision. So
Washington coming up markets are slipping on fears of a 2nd coronavirus wave and were here to break down the falling stocks in the future of the u. S. Economy plus as protests have swept the nation causing much of policy debate Corporate America has moved in and helped aboard the movement well discuss and later we take a look at the state of big coin amid the growing global unrest and whether we could see an upcoming surge with a packed show today so lets dive in. And we lead the program with the u. S. Equity markets in turmoil the dow and s. And p. 500 are both on track for their worst week in more than 12 weeks the news comes as investors react to several issues facing the economy including the Federal Reserves Economic Outlook which estimates u. S. G. D. P. Will fall by 6. 5 percent in 2020 despite expected growth in 2021 in 2022 now there is also data regarding the new weekly weekly jobless claims released thursday. By the u. S. Labor Department New unemployment claims were just ov
We had major swings top to bottom but not that high at the end. Plenty of developments to cover on news front with fox Business Team coverage. Reporters all over the place. Ashley webster with the markets here in new york. Edward lawrence covering things on capitol hill. Blake, we start with you with the latest from the white house. Reporter treasury secretary Steve Mnuchin told Maria Bartiromo this morning that the administration would like to see 1000 deposited into the Bank Accounts of adult americans. 500 for the children as well on top of that. As part of a trillion dollar stimulus package that the administration is negotiating up on capitol hill. Vice president chief of staff told us this afternoon, they believe that package could make its way to the president s signature next week. Earlier today during the president s Daily Briefing as it has become, he was asked if the trillion dollars was sufficient . Well know about that later on. Well see what happens. It depend how long, so