With the dividend although it will be far lower than last years. Hong kong media tycoon released on bail. His broken National Security laws beijing has branded him guilty. Breaking news out of south korea. We are getting Unemployment Rate numbers, and again, surprising to the upside. They fell to 4. 2 in the month of july, this after surprising to the upside the previous month, falling to 4. 3 in june. Of course, we have seen more job creation efforts. In fact, we just heard from south koreas Ruling Party Leader saying south korea will actively consider a fourth extra budget if needed. South korea has already pledged more than 225 billion in stimulus measures or roughly 14 of gdp to help put a floor on the jobs market, and right now, the july Unemployment Rate falling to 4. 2 . Lets turn to the markets and bring in Sophie Kamaruddin in hong kong. What are you watching . Korean alongside the jobless numbers, we are waiting on Australian Consumer confidence, due out later this morning, a
Alive. Thank you very much. Today a house subcommittee holds a hearing to examine security for the upcoming president ial election in november. Live coverage begins at 10 00 a. M. Eastern on cspan 3. Online at cspan. Org or listen live on the free cspan radio app. Talk about this morning as the negotiators on capitol hill continue with that pandemic relief package. Well hear more about that a little bit later this morning. But heres whats proposed so far. This is in the package at least the senate is debating, the socalled heals act, people who work for themselves and Small Businesses. They write the proposed act would also put aside 190 billion to create another round of paycheck loan program to provide Financial Assistance to struggling Small Businesses as well as independent contractors and the selfemployed. The government has already approved more than 5 million 5 million, excuse me, ppp loans worth nearly 500 billion in the Small Business loans program made available by the cares
American Psychological Association ceo arthur evans joins us to discuss stress in america report and how covid19 is affecting Mental Health field Mental Health. Host as Congress Tries to hammer out the covid relief package, Small Businesses are in trouble. Business health and cashel have stalled. Yelp says 2800 businesses in new york city alone have closed. The Small Business administration has given out more money in the past few months than its entire history. It is tuesday, august 4, 2020. We welcome you to washington journal. We will spend this first hour asking you about the impact of the coronavirus pandemic on Small Business. If you are a Small Business owner, call 202 7488000. Or former an employee Small Business employee, 202 7488001. For all others, 202 7488002. Texts, 202 ur 7488003. Tell us your name and where you are from. On twitter, cspanwj. Facebook. Com cspan. Negotiators on capitol hill continue with the pandemic relief package. We will hear more about that later. Her
An eye watering loss. Costsosses and rising mean bonuses are set to disappoint. We are seeing u. S. Futures flat. This, of course, after we had the regular session seeing record highs. At one point, topping the record reached in february before the pandemic. Every sector on the s p 500 was in the green. We have nikkei futures moving higher as we have the japanese yen under pressure. We have seen it fall against the u. S. Dollar for the past four sessions. Right now trading around the weakest in three weeks. In sydney, futures higher. We have the aussie dollar listed a little bit higher. We have a softer u. S. Dollar, not to mention higher commodity prices. We have kiwi stocks at the moment gaining ground after seeing the worst day in a month. This as we have rbnz expanding their qe program. Gains in the currency returns, commodity exports, unr holdings qnr holding steady. U. S. And chinese negotiators plan to discuss progress in the phase one trade deal. Pushing toset to be widen the a
Authorized to declare a recess at any time. I want to thank everyone, especially our witnesses, for joining us today for our committees hearing. I want to make sure to note some important requirements. By saying standing house and Committee Rules and practice will commit continue to apply through hybrid proceedings. Regulations require members to be visible through a video connection throughout the proceedings. Please keep your cameras on. Member to remain muted until you are recognized to minimize background noise. In accordance with the rules established under hr 965, stafford been advised to meet participants only in the event there is inadvertent background noise. For those members here in the room, i urge members and staff to wear masks while in the hearing room. I thank you in advance for your commitment to a safe environment for all here today. Mnuchin, administrator carranza, thank you for being here today. I want to give a sincere thank you of both agencies who have worked tir