Objection. Mr. Mcconnell mr. President , anyone whos heard me speak about coronavirus relief, going back months has heard one central principle lets deliver right away on all the subjects where everybody agrees and argue over the rest later. The solution to this impasse has been in plain sight for a long time now for anyone willing to see it. Agree where we agree. Back that progress. Make law. Take a whole lot of pressure off struggling people. And then keep debating the areas where we dont agree. There is a he no actual reason why the fates of commonsense policies like a second round of the jobsaving Paycheck Protection Program had to be linked to the fates of fringe proposals like stimulus checks for illegal immigrant. There is no reason why the fate for Vaccine Distribution or extending unemployment should have been tied to radical ideas like paying people not to work than essential workers earn on the job. These linkages have been totally arbitrary. Just a political decision that D
Am Kathleen Hays in york, welcome to daybreak asia, related stories this hour, monthly suggests the recovery is continuing. The Bloomberg Economic saying recovery above three point five percent. Nancy pelosi says a deadline for stainless steel well President Trump calls for a big spending package. Central bankers worn support will be needed for some time to come and new zealand stocks rise in the kiwi strengthens after the historic victory. Labor has the seats to govern alone, but she is considering a new coalition. Haidi taking a look at markets in asia we are setting up on a pretty cautious note when it comes to trading in the trading week here in asia, however we are looking ahead to Third Quarter gdp out of china with investors and traders came to see what the expectations were for this study growth were to continue. We are expecting numbers of about 5. 5 when it comes to economic expansion. This is our way of seeing into the first couple of minutes here in sydney just about two pe
Good morning, everybody. Welcome to squawk box here on cnbc but this comes after a backdrop of a pretty big decline on friday on friday the dow was down by 700 points and this morning its up by 200 points you have the s p up by close to 20 points and the nasdaq up by 26 but we are getting to the end of the month and thats when we start to take notice of what has been happening with declines that we saw on friday push the dow and s p 500 into negative territory for the month of june. If they want to make that up they have two trading sessions left before we get to july so over the next two days the dow would have to make up 1. 5 if it wants to be positive for the month of june. S p would be up 1. 2 its up by 2. 8 . Lets take a look at what has been happening with the treasury market the treasury yield the ten year is the one that we always pay the most attention to it seems to be yielding. 645 . And i think he is going to have interesting things to say too in terms of trying to put it i
With the temperatures mid90s reportedly, once the games resume, it could relieve a lot in the and. Of stress related to that temperatures 40s 50s almost 60s pandemic. They are incredibly important. For some. In, that is i would love nothing more than to see baseball come back to new york city. Really going to change our i dont think that is coming weather. It is 34 to 46 hours away. Soon. I think we have to be honest about it. The nfl is planning to business as usual. Lets head over to sal now and looking ahead, here are some of the big moments coming to the hope things are quiet. Good morning, sir. 49ers this season. Good morning, Steve Paulson the 49ers will be playing the five prime time games including. Happy friday. Three of them on sunday night football. The 49ers have several East Coast Road trips. They could spend a week there there are no issues here on the san mateo bridge. With games between the giants there are no major problems. Dav and the jets that metlife stadium. Last
Work their way in here, from the system later today, overall we will have temperatures, jumping up. 40s and 50s. Again, the northwind is not as strong as it was yesterday. I dont think it will matter too much. 40s and 50s. There is one around kensington. If you get the easterly breeze, it will make for a warm day, temperatures after today are taking a huge tumble as we head into the weekend. Highs today will be well above average, on monday they will be below average, but not today. 70s, 80s and 90s. Okay, lets see if things are okay on this friday morning. They are okay, steve, traffic is moving along around the bay area. In fact, we will see that the commute is light everywhere you look. We have not had many problems. This is a live look at highway 24 on the way to the tunnel. If you are going to the bay bridge, that is also light. Lets go back to dave. Today, the start of phase 2 of governor newsoms plan to reopen california. The risk businesses will be open, but in certain counties