Continues to debate the next stage of emergency measures. And as the nasdaq underperforms. Its very interesting. What is the biggest driver of it is yesterdays winners that, thomas leading the declines is it that people are at home with more stimulus money that sort of a narrative in the all fangangs, tesla, zoom, ebay. Media. What do you think it is . The dow up is 1 s p 500 is up about 0. 6 , sara well, its no the so much to big show coming up. Jonathan tisch will join us and to go out for a walk anymore the Face Covering debate for people are sitting at home and doing whatever they can do on hotels hell talk a little nfl. The screen plus, testing delay snarl and training is very exciting efforts to trace and control the virus in this country, well thing. Speak with the ceo of labcorp. And what about the regions, thomas is this big jump particularly an individuals activity only so and were talking about a massive afternoon of earnings, prominent in the u. S. Or elsewhere too . Snap,
We will be standing by for that. Looking at the markets, stocks rising to the highest level since february. This as a number of stocks including amazon and zoom continuing to rise because of extended shelterinplace and work from home orders. More earnings out this week, watching microsoft, intel, tesla as new cases are being set in states across the country including the first death of a child being reported in minnesota. This as the president , governors, teachers unions and parents battle it out across the country over whether or not schools should reopen. You have got u. S. Lawmakers starting to put together another Coronavirus Relief package this week. That is what our next guest is here to talk to us about, the cofounder of aol and the chair of revolution, with a new oped in the washington post. He talks about what congress should be focusing on. Start with your headline. You say the prepandemic economy is not coming back, not coming back ever. What about the new economy will be d
Agency established in 1914 by the federal trade commission act. The ftc is chiefly responsible from protecting consumers from unfair, deceptive or fraudulent Business Practices in the marketplace. This includes protecting business privacy and the security of their data from any harmful uses of technology and combating deceptive advertising and illegal robo calls among other issues. The ftc is also responsible educating consumers about predatory Business Practices. It is intended to inform customer choices and help prevent americans from falling victim to scammers, fraud centers, cyber criminals and other bad actors. As was recently discussed at chairman marans subcommittee hearing the coronavirus has created an avenue for scammers to take advantage of consumers. The surge in internet use in particular because of stay at home orders has been a prime target for exploitation. I appreciate the commissions ongoing efforts to protect consumers from identity theft, email phishing schemes and
The data in terms of the jobs 5. 3 million in may, up from four. 99 the previous month. This is very backward looking data. I dont think the market will pay much attention to it, but slightly or positive, slightly more jobs out there then maybe the market was anticipating. Really may data, Rearview Mirror stuff. We will be discussing Global Growth as well as what the countries can do to fix the fiscal stimulus and how to help unemployment coming up and about a halfhour. The stocks are losing the momentum of the last five days, so we are stuck in this range. In an interview in the financials times, a couple of and theere troubling, trajectory of the recovery will be bumpy or. We are watching this closely and trying to understand what is happening. Haefele. Ark mark, how do you understand what we are seeing in asset prices versus every economist morning we are looking at a w shaped, with a lot of risk as we head into the back half . Right. Ou are there is a lot to juggle. The story that
County to move into next phase of recovery and reopen more businesses to the public. Wear that mask, indoor malls are reopening in south bay and San Francisco after three months of being shut down. Marianne favro joins us live. I see shoppers behind you, marianne. Reporter absolutely. Here at valley fair, its not packed but bustling. 35 of the stores, 280 stores here, reopened today. But didnt stop mass shoppers from pouring in. At westfield valley fair, lines were long outside two sports gear stores but social distancing efforts fell short. Thats when mall staff stepped in, added more floor circle stickers to remind customers to stay six feet apart. Mall officially reopened today. Easter promotion signs still in store window, reminder the Shopping Center has been closed nearly three months. Westfield oak ridge in san jose also reopened. Elsie and her daughter drove from san leandro to shop at valley fair. Its really cool. Awesome to be here, nice to be around people and hang out, nice