Find a bid. We wait for more gloomy Economic Data at 8 30. Time now for our market moving news from our new york team. We are going to start with oil. The iea says the outlook for oil demand has improved somewhat, yet it sees crude production on track for historic decline this month, at the lowest level in nine months. Annmarie hordern joined me now for more. Annmarie this report is still bleak, but slowly but surely improving. They had to say is that outlook for the oil markets are improving somewhat. Amanda little stronger than what they were expecting, but really, the big take away from this report demand a little bit stronger than what they were expecting, but really, the big take away is that this month is on track for historic decline, the most in nine years. This week alone, we saw the kingdom, the uae, and kuwait deepen cuts for june. The same time, the iea is looking at producers outside the group like the united eights that are just being forced due to supply and demand the U
Earnings. We will speak in the 1 00 hour with the citizens ceo, so make sure everyone tunes and for that. Boeing up as well after its factory will get up and running again. Then theres a few more regional banks doing ever so well. Gilead had been one of the top performers, up 8 . But Morgan Stanley and a couple the 15 houses saying billion Additional Market cap may be just a little exaggerated. We dont know anything about the drug trials yet. Not enough, anyway, but it does look promising for covid19 patients. That is the story and the stock market. The 10 year yield at 60 basis points. New york crude continues to plummet, down at 18. 40 a barrel. The dollar continuing to rise broadly, although we are soft on the day. There you have the u. S. Data check. Guy it is interesting, that gilead study. Very small at the moment. It will be interesting to see what happens in phase three. Lets get more with what is happening in markets and the economy. Joining us over the phone is Chris Watling
The subcommittee will come to order. Good morning. Good to see this morning. Welcome to the subcommittee. This is our second Budget Hearing of the year. , we are goingknow to examine the department of education budget request for fiscal year 2021. As i was reviewing the budget materials, this much was clear to me. To privatizeng Public Education. I believe it is the wrong direction for our students and for our country. We need to be moving towards earlying policies like childhood education, that we know helps students succeed. We see this in other countries around the globe. They are not shrinking public support but are expanding it. I will get more into the consequences that you are proposing, but i want to start by examining your privatization philosophy. The false premise on which it is built and the research. , theary to your claim Public Education system, which 90 of our children attend, has witnessed significant progress for all groups of students. Scores haveematics improved for
Of it is your fourth hearing yours with us. Today, as you know, we are going to examine the department of education budget request for fiscal year 2021. As i was reviewing the budget materials, this much was clear to me. You are seeking to privatize Public Education. I believe it is the wrong direction for our students and for our country. We need to be moving towards expanding policies like Early Childhood education, that we know helps students succeed. We see this in other countries around the globe. They are not shrinking public support but are expanding it. I will get more into the consequences that you are proposing, but i want to start by examining your privatization philosophy. The false premise on which it is built and the research. And the research that it ignores. Contrary to your claim, the Public Education system, which 90 of our children attend, has witnessed significant progress for all groups of students. Average mathematics scores have improved for fourthgraders by 14 .
The subcommittee will come to order. Good morning. Good to the subcommittee will come to order. Good morning, secretary devos. Good to see you. Welcome to the subcommittee. This is our second Budget Hearing of the year. It is your fourth hearing with we are going to review the budget request for fiscal year 2021. Materials, this much was clear to me. To privatizeng Public Education. I believe it is the wrong direction for our students and for our country. We need to be moving towards earlying policies like childhood education, that we know helps students succeed. We see this in other countries around the globe. They are not shrinking public support but are expanding it. I will get more into the consequences that you are proposing, but i want to start by examining your privatization philosophy. The false premise on which it is built and the research. , theary to your claim Public Education system, which 90 of our children attend, has witnessed significant progress for all groups of stud