All the fast moving developments. The back to improving trend here but the markets are chewing on that, i guess assessing not improving fluff. What is your take . I agree with you. If you look at continuing claims, they have fallen pretty dramatically. The weekly claims there is sense by the market to keep the momentum going. Maybe that is a stimulus package. We dont know. Obviously the market takes it as a slight negative. We have had in the economy last couple months is housing boom, explosion in building. It has driven up commodity prices. Lumber prices. Multiyear highs. Multidecade highs. There is a concern that may cool off a little bit. Housing starts slowed down a little bit in august. There is a little bit of concern, that maybe that bright spot in the economy is starting to go down a little bit but not so much if you look at the oil market. Look at the oil market it is kind of signaling Better Things ahead. Weve seen a big jump up in oil prices, the last couple of days, a big
The law and protect their property amid growing violence over the weekend. Finally to philadelphia, Major League Baseball facing Major Concerns amid reports that the yankees versus phillies and marlins versus orioles games are postponed tonight after a coronavirus outbreak. Well discuss all this coming right up. But first, Top Senate Republicans expected to take their second crack unveiling a new round of covid stimulus. Well talk, well be talking about Mitch Mcconnell coming up. He is going to be able to get his caucus on the same page with the white house, or at least those are his plans. Some democrats as tens of millions of americans are on the verge of losing Unemployment Benefits this week. Fox news Congressional Correspondent chad pergram has very latest on a last minute deal between the white house and senate republicans. What is it going on, chad . Reporter they have to try to get all the republicans on board first. The republicans here are really negotiating with themselves,
Friend. Were watching that very closely. Were keeping close eye on washington. Were focused on capitol hill. The house taking up the stimulus measure, relief measure, whatever you want to call it, to the tune of 484 billion. Now the house physically there, in person, some Wearing Masks to make sure they get this done. Lets get the latest from chad pergram, how this will all sort of fan out. Chad . Reporter hey there, neil. This is the debate. They started 15 minutes ago on this bill, about 324 billion of this goes to Small Businesses. You might recall a couple weeks ago that fund ran dry. The cupboard is bare. The cost of this bill ballooned from 251 billion specifically to Small Business, to 484 billion as you say. House Speaker Nancy Pelosi says democrats improved the bill. There is money in here for hospitals and testing. Listen to the speaker. Im very pleased that it was transformed from a bill two weeks ago on the floor where the leader in the senate said, this is it, 250. Were no
Its a Beautiful Day and i cant stop myself from smiling. I know theres no denying. Its a Beautiful Day, the sun is up, the musics playing. Cheryl it is a clear, Beautiful Day here in new york city. Good morning, welcome to fbn a. M. Im cheryl casone. Lauren it actually feels like spring. Good morning, im lauren simonetti. Cheryl lets look at how your money is moving this morning after the s p set a record last night, we have green arrows across the board as Fourth Quarter earnings kick off. We start this morning, jp morgan, citigroup, wells fargo, the trade deal with china about to be signed. Lauren this is helping sentiment in asia, sending mondays session mixed for the most part. The shanghai composite was down overnight. Cheryl you have green arrows in europe, the ftse 100 out of london, that market is p up three quarters of a percent, cac and dax higher as well. Lauren back to china. Fox business learned some key details in what is in the phase one trade deal with china. The deal i
60s and 70s, and how likely brushfires are today. We just pointed out today, i wouldnt be surprised if we see a few more by the time the sun sets, we could see a couple more, the upshot today is some high fire wind, there is not a red flag warning, its just hot and dry and every thing is ready to go it doesnt take much. Even a piece of glass against a piece of paper in the right angle in the sun, could start a fire. It doesnt always have to come from a source. There is a heat advisory still in effect lasting through tonight, that excessive heat warning is in red, that is towards fairfield, vacaville, that bad boy stays in effect until friday, it is going to be another hot day tomorrow, not as hot, we already have a record today, san jose second straight day, 90 degrees. The fog along the coast, you can see it right here a little bit little bit of fog try to come up into monterey bay. It should cool off by tomorrow afternoon, that is that search to drop his temperatures and get them bac