Bigfs, Mark Zuckerberg and dabbing jurorsy faced over scrutiny over censorships. The very latest coming up. Has dabbing is up 40 and s p higher by 8 and 3 quarters. Retail once again in focus this morning with lowes, target and tjmaxx reporting. Its a tough day. The s p down 17. Carlos goshns legal battle, i spoke with one man who helped the former nissan chairman escape from jail as he faces 90 milliondollar civil suit in japan. You will hear from him himself, carlos goshn will join me next hour with his side of the story as the man who helped carlos goshn, Michael Taylor possibly get extradited to japan. We will talk about it. Dolly parton gets it done. Maintaining Public Health all while making return to playboy, its making a buzz this morning, mornings with maria live right now. Maria lets check european markets this morning. Mixed story. Ftse 100 down 9 points, cac up 5 and dax higher by 25. Japans daily covid number case reportedly reaching 2,000 for the first time causing the ca
Via the coronavirus, and there is not much of the fed chair can say. Coronavirus is making all the decisions on the economy. Weakersales coming in than expected, actually the weakest since april. The High Frequency we have seen since then suggest the economy is slowing even further into november. The problem of course is there is no help from the fiscal side in washington, no talks about any additional covert relief package. Getting to the end of the year, most of the cares act expires. So people are looking to the fed, particularly people in the markets. They are looking at the yield curve, which has steepened slightly, still under 1 on the 10year, but there is a feeling that if the fed wanted to do something they could start buying at the longer and, changing the weighted average maturity of their purchases. If they did that, push down on Interest Rates. There is a feeling they may do that in december to send a message that we cannot do a whole lot to stimulate the economy but we are
Nearly 2,000 americans died of the deadly disease yesterday, the highest death toll since early may. As daily infections now top 100,000 for nine straight days. In fact, yesterday, 143,000 plus. Businesses are faltering so we are going to take you live to chicago, the city that may be the epicenter of the next major lockdown. Meanwhile, reliance on the cloud more important to business than ever before. And we talk to a ceo about how it clears the workfromhome runway of any debris for the biggest businesses in the world. This is a fox business exclusive and they are publicly traded. Baby yoda the hottest new star in disneys Magic Kingdom but will streamings popularity have the power to offset its shuttered parks when it reports earnings after the bell . Our power panel is about to give the mouse house stock an inspection. First, this fox business alert. Even Federal Reserve chairman jay powells measured calm and assurance that the recovery has been faster than expected, not enough to so
40 billion in mortgagebacked securities. They say the path of the economy will be connected to the path of the virus in the statement. One interesting note at the end. Mary dailey, head of San Francisco reserve president mad to cast her vote as alternate. Minneapolis president Neal Kashkari is on paternity leave. He was into the at the meeting. The birth of their second child happened this week. We think, we believe this is the first time a Voting Member missed a vote because of paternity leave. Back to you, charles. Charles that is an interesting tidbit a lot to go through here. Meantime, folks it is another monster session in the market which yesterday had the best ever postelection session. There should be no question that the worry of a blue wave was the main reason for selling last week. But now the question, have investors moved from abject fear to unbridled optimism a little too fast . Moreover with megagrowth leading the way again, what is the best place to be positioned for th
The swing state of pennsylvania. How will voters react one week from the election . Its the final sprint to november 3, joe biden will leave his house to attend to events in georgia and when questioned about his relaxed schedule, he said every day is a 12 hour day. The president keeps up eight torrid pace heading to three states today pulling in huge crowds with tens of thousands attending the three events in pennsylvania yesterday and by the way, 62 million have already voted, 20 million in person and 40 million by mail. To the markets, way down yesterday, closing down 650 with the most modest of bounces this morning no bounce at all actually the dow jones will be down a couple points. Lots of corporate profit reports, they remain strong and we will bring in the highlighted a moment. The big earning report comes as afternoon. Microsoft reports and that may set the tone for the markets. As always, a big show for you with the president on the campaign. Rachel campos who wants her nine k