40 billion in mortgagebacked securities. They say the path of the economy will be connected to the path of the virus in the statement. One interesting note at the end. Mary dailey, head of San Francisco reserve president mad to cast her vote as alternate. Minneapolis president Neal Kashkari is on paternity leave. He was into the at the meeting. The birth of their second child happened this week. We think, we believe this is the first time a Voting Member missed a vote because of paternity leave. Back to you, charles. Charles that is an interesting tidbit a lot to go through here. Meantime, folks it is another monster session in the market which yesterday had the best ever postelection session. There should be no question that the worry of a blue wave was the main reason for selling last week. But now the question, have investors moved from abject fear to unbridled optimism a little too fast . Moreover with megagrowth leading the way again, what is the best place to be positioned for th
First a discussion on the late author and active audra lorde, following by eddie glaude on james baldwin. Welcome to the Shomberg Center book festival. We had to reimagine a block long multistaged outdoor philadelphia as a viral one with your favorite write centers opportunity to discover more books. This we we have 35 authors and midraters sharing narratives from the u. S. And uk to west africa and jamaica, each night we go between the past and present like the Shomberg Centers archives and programs. Tonights program, audra lordo features writers roxanne gay, tracy. Something i and mahogany browne. Im the associate director of Public Programs and exhibitions at the Shomberg Center for research in black culture. Were celebrating 95 years of one of the world residents leading cultural institutions devoted to research, preservation and exhibition. Our are care has 11 million ims at that time illuminate the richness of black history and culture and we have met some items v8 digitally. Vis
doocy at the white house with the latest. peter? here at the white house, they think this jobs report is not a reason to worry about a recession. that phrase, make it in america, the cornerstone of my economic plan. today s report proves making it in america isn t just a slogan, it s my administration. but former obama economic adviser jason furman writes uncomfortably hot jobs report. 528,000 jobs added and unemployment rate falls to 3.5%. what worries me is average hourly earnings were up at 5.8% in july. june revised. the wage moderation that we all discussed last month was wrong data. white house officials are shrugging off the fears saying they still trust the federal reserve to adjust rates to address inflation. they claim there s more good news. in 50 straight days of gas prices falling even though they re $1.72 a gallon more than when president biden got here. you want to talk to a nurse or a teacher or a firefighter? having that little britt of breathing room
i m charles pain in for neil cavuto, this is your world. to greg palkot in london. greg? taiwan is under fire or the area around it. it all follows that high profile visit by speaker pelosi. china conducting unprecedented long range live fire precision missile strikes on a variety of targets in the waters nearby taiwan. the drills are the biggest held in that region according to that stop. china claims taiwan as its own. some of the six target zones are as close as ten miles to its coastline. missiles flew over the island before splashing down. exercises include ships, planes and drones. officials are calling this irresponsible. an invasion of its territorial space. earlier today, we heard from john kirby. he said the u.s.s. ronald reagan carrier group woe remain in the region to keep a lid on things. here s more of what he had to say. china launched 11 ballistic missiles towards taiwan which impacted to the northeast, the east and southeast of the island. we condemn th
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