Financial needs of schools planning to reopen during the coronavirus pandemic. Also a look at the recent rise of covid19 cases with dr. Drake deutsche dr. Drake dr. Jake deutsch. It isgood morning, thursday, july 16, 2020. A three hour washington journal is ahead. We begin on decisions being made in School Districts around the country about when and how children will go to school this fall. With the coronavirus creating debate over in person versus Virtual Schools and concerns about School Funding shortfalls areteacher shortages, we opening our phones to hear from educators and parents this morning. What is your biggest concern when it comes to School Reopening . Phone line split up. Educators, 202 7488000. Parents, 202 7488001. You can also send us a text. That number is. That number is 202 74880 2 3. Otherwise catch up with us on social media at facebook. Com cspan. A good thursday morning to you. You can start calling you now as we show you education secretary betsy devos reiteratin
Police station on fire. The police had to abandon their headquarters. They abandoned the neighborhood. Stores were set on fire. There were explosions. It was scary. It was dangerous. Some of the angry people started looting, breaking windows, stealing merchandise, setting their own community on fire. And then this is the loop we get stuck in. It goes from, it isnt right to kill an unarmed man. Well, it also isnt right to loot, and set fires and attack the police. But the police are attacking us, and killing us over and over again, and nothing changes. Well, that needs to be settled by the law. But an officer of the law just killed another unarmed man. And so on. These were senseless acts of violence brought on by a senseless act of violence. And that just keeps going. In a loop. And again, the only reason we even know what happened to george floyd is because its on video. Most incidents like this are not, which is why parents of young black men have to teach their kids how to avoid bei
That continues a down trend but only just. A spike in new virus cases, especially arizona and texas. The words second wave have some investors worried. The Federal Reserve, well, jay powell sees the effects of the virus dragging on the economy until 2022. Thats not the rapid recovery the administration sees. Larry kudlow joins us in our 11 00 hour. So what do you do . Do you hold on to the stocks youve got, do you buy this dip . That was successful in the past. Or do you get out and take your profit while you can . We will try to answer at least some of those questions. Politics. Joe biden says President Trump may try to steal the election and joe biden says the president promotes racism. His words. This as demonstrators create what they call a no cop zone in downtown seattle. It was created overnight. The president is not happy about that. And this afternoon, mr. Trump heads to dallas, texas. We expect to hear from him about Police Reform and maybe about any new help for the economy f
Surge here. Well speak with the mayor in miami and about the spike with the virus. And an ammicable separation. Match group completing the spinoff. Parent company iac last week theyll discuss the strategy Going Forward and Online Dating during the pandemic. Lets focus on the big stories of bob pisani has the stories. Meg terrell has updates on the coronavirus and Brian Sullivan is covering Warren Buffetts new bet on the energy space. Bob, lets start with you and the markets. Yeah. The important thing about today is were up nicely but were up on lighter volume it is deteriorating a little bit from the earlier part of the day. Were once again falling back upon dependence on the mega cap tech names technology, computer services, Consumer Discretionary all of them tech oriented or continuing to lead the overall market Consumer Discretionary as i mentioned, banks still on the upside not as much as the overall Market Energy has fallen back that was an early leader i keep mentioning the mega
Comeback this summer. The Election Campaign getting back to Something Like normal. Its all part of the great opening up which continues rapidly. Georgia was the first. New numbers show that it has bounced back very very quickly. Its economy has. New jersey has lifted the stayathome order. New york city subways have seen a considerable increase in ridership. And the money from the government is finally flowing to business, and get this, Mortgage Applications are surging, too. Add it all up and it looks like a much stronger summer economy. That outlook helping the market. Caution, however. The Federal Reserve releases its first Economic Forecast in six months this afternoon. That could really move stock prices. But right now, we are seeing a Little Movement to the upside, up 50 for the dow, up about, what, 12 for the s p, and another solid gain for the nasdaq, up almost 1 again and back above 10,000. Its great to be back. My thanks to ashley, susan and lauren for working so hard while i