We are talking about at a given moment but keeping you on track with market averages and how they are doing today and how they have been doing over the very last couple of rough days and how they are your today and certainly from the march 23 lows. We have come back for example s p 500 tech sector came back about 70 from those low so even with the ground a loss we are still up in that sector north of 30 year to date with all that die ration so we will keep giving you all of that perspective as well. Also, looking at whats happening with Political Development that may or may not move the markets we will get into the employment report that looks good on the surface, still looks good, but right now its being ignored for other features such as the technology downdraft. Always going into the Labor Day Weekend you worry about these things were seated people locked themselves in place and thats a traditional argument you here, but regardless, we will keep you uptodate on this as we expect to
Increase revenue 458 billion meaning it would pay for less than half of what it cost. This news unfolding as the Senate Debate the tax bill. While Republican Leaders try to sway five undecided colleagues, two of which who say they will not vote for this bill if it adds to the deficit. How will all the numbers affect the fate of the tax bill . Ask republican senator bill cassidy, a member of the Senate Finance committee. I appreciate you carving out the time for us tonight. A lot of action down there, were getting close. Wall street loves it. The American Public feel it as impalpable. Were hearing news there wont be a tax trigger but to counter that, the Corporate Taxes probably the tax rate will start at 20 and stair step higher each year to what number . I cant tell you what number its going to end up at. I do know that j. C. T saying. 8 growth is all that would result from this. Most people dont believe. Saying economy is going to top out 2 per year over the next ten years. When weve
Good morning and welcome to morning joe, it is friday, september 4th, along with joe and me, we have washington anchor, katty kay, White House Reporter for the Associated Press, Jonathan Lemire. Associate editor of the Washington Post and msnbc political analysis euGene Robinson. And editor in chief of the atlantic magazine, Jeffrey Goldberg, the author of that new piece on President Trump disparage americas war dead. In a moment well get to joe bidens visit to kenosha, wisconsin yesterday it was in stark contrast with the president s visit earlier in the week with joe biden calling for an end to systemic racism and an end to the violence. Also, joe biden met with jacob blakes family for 90 minutes. But we begin with jeffreys new reporting on President Trump using words like losers and suckers, repeatedly disparaging members, and asking disabled military veterans to be left out of parades. When trump cancelled a visit to the cemetery in paris in 2018 he blamed rain for the lastminute d
Im michael holmes. Youre watching cnn newsroom. Eight months after the Novel Coronavirus was officially identified, the global number of infections from covid19 now toppling 27 million. And despite International Efforts to contain the pandemic, the virus keeps spreading at an alarming rate. In europe some countries reporting their most infections in months. India, meanwhile, now passing brazil as the country with the second highest number of confirmed cases in the world. Only the u. S. Has more. But now theres growing concern americas numbers could rise even further as the country prepares to celebrate the Labor Day Holiday in the coming hours. Lets get started by getting more on the growing outbreak in india. Cnn is live for us in new delhi. Yeah, how concerning is this for the Indian Government . I mean, these numbers clearly going the wrong way. Well, michael, the worry is here to stay for a while at least because weve just seen that surge in new infections on a daily basis go above
Parts of california are dealing with their hottest weekend on record. Intensifying, devastating wildfires raging across the state. And the governor has now declared a state of emergency in five counties. Los angeles county just west of where the el dorado fire is burning recorded its highest ever temperature on sunday, 121 degrees fahrenheit. Thats close to 50 degrees celsius. San bernardinos cal fire unit says Law Enforcement has determined this fire was caused by smoke generating pyrotechnic device used during a gender reveal party. Wildfires have burned more than 2 million acres this year. Thats a state record and were only in september. Now, this video is from a lake in Central California are authorities there warned people on boats about the dangerous smoke and ash. And here this satellite imagery shows the smoke emergency facing much of the American West with several major fires still burning on the sun. On sunday. Now, the triple threat of heat, smoke and flames is a major chall