The hospital fed chair jay powell told congress more stimulus may be necessary. A moment ago, looking at the dow futures. Up by about 67 or 70 points. S p up by 10. 50 and nasdaq up by 152. 10year at 0. 743 below yesterdays close. We have a huge line up again today. Amazing. Former Economic Advisor to president Obama Joining us about an op ed hes just penned. General motors Ceo Mary Barra with us. Investor Glenn Hutchens and Dallas Mavericks owner and netflix cofounder and ceo of netflix with Important News to share this morning some stocks to watch you might keep an eye on ar call revenue was a little short results would have been better but customers in hard hit areas postponed purchases including hospitality, retail and transportation clients shares of groupon reported a First Quarter loss that wasnt as bad as expected saying it was challenging, people turned to discounts on Warehouse Club members, flour delivery and e learning. I was willing to send some flowers. We waited up late
Because the threat posed by covid19 remain serious and widespread, we are proceeding in the best manner we can, remotely in todays case in order to ensure the safety of our witnesses, members, staff and the public. Todays conversation is essential to the oversight of how we should adapt and meet the challenge of increasingly assertive china especially in the backdrop of a Global Pandemic. I had hoped this would be a bipartisan discussion. Unfortunately, without reason or justification, republican colleagues have decided to absent themselves from the committee. I repeat my hope they will reconsider and join us for future unclassified public hearings and unclassified closed roundtables. We will continue to have them as they are being used to frame the oversight issues and requests and inform our members of the various threats facing the country. The American People expect congress will continue doing its job even in a pandemic and that means showing up at a minimum whether we want to or
Confusion as to what the boe is doing. Are they dovish or hawkish . Cannot tell. Guy, we will be speaking to the iea executive director and also at Columbia University visiting professor and former citi chief economist. Guy also formally of the bank of england. We will just what exactly we have been learning from the bank of england. A lot to digest and hard to fathom. Hour we last half an have seen news from the press briefing. A teleconference briefing with reporters after the policy decision. He did not discuss negative rates, and did not discuss neil yield control. But there will be some degree of flexibility with the pace of qe, which looks like it is going to slow down. Economist joins us to give us his take. What we got from the bank today seems to be slightly hawkish inasmuch as the chief economist is dissenting, saying that he feels the economy is picking up faster than anticipated, and he did not see the need for extra qe, in the rate of qe will be blowing down. Am i right to
Rally yesterday dow futures are now down. Nasdaq futures lower by 64. Nasdaq up 190. Now this, former Vice President joe biden and the ukraine scandal back in the spotlight, an investigation Just Launched overseas after phone conversations between biden and then ukraine president are released. Meanwhile u. S. Senate taking a major senate in probe of Hunter Bidens role of Barisma Holdings and tesla tapping the brakes in battle with california, dropping the lawsuit after plant is allowed to open. Mornings with maria begins right now. And Global Markets this morning red cross the board, take a look at european indices as u. S. China tensions rise, the cac quarante is down 48 and dax index in germany lower by 174, there are sign that is the european economy is slowly coming back. The euro zone purchasing manager index coming above expectations this morning. In asia overnight, markets mostly lower. Take at the numbers in asia, worst performer half percent lower shanghai composite in china.
Host are against this week on the communicators is congresswoman Abigail Spanberger. Spanberger. Shes a democrat from virginia in her first term. Congresswoman, get some legislation that was passed earlier this month. What was it . Guest i had a bill focused on five Key Technology and the bill passed 4133, and the premise of this bill is we are facing significant challenges with the future 5g technology and the United States needs a comprehensive strategy. This bill would require that we develop one. That we implement it and we work with our partners and allies to ensure they do something similar. Host who is the wii that has to develop this . Guest the executives, branch. So determining the focus of this bill is that were requesting executive branch, the administration, develop a broadband strategy, a national strategy, a comprehensive strategy and a public strategy so the recognizing the challenges, the threats as a might term them, that come from development of 5g in other countries