Agreed on a frame work, and were going to be heading to the white house tomorrow. The white house confirmed tomorrows meeting taking place just before senators leave town for their twoweek recess. Theres more on this glimmer of partisan process just ahead. Biden also putting his weight behind fighting a surge in violent crimes. Homicides up 24 . Gun assaults, 22 . Over the same period last year. Late today the president and Attorney General outline a new anticrime strategy focused on getting more money to Police Departments and violence intervention programs while cracking down on socalled rogue gun dealers. Zero tolerance for gun dealers who willfully violate existing laws. If you willfully fail to run a background check, if you willfully falsify a record, if you willfully fail to cooperate with the request or inspections, well find you, and we will seek your license to sell guns. Well make sure you cant sell death and mayhem on our streets. Biden also noted crime traditionally rises
And the state of the apartment rental market in new york city. Thursday, september 10, 2020 Worldwide Exchange on cnbc good morning, good afternoon, good evening wherever you are watching it is only thursday but feels like we already lived more than a week in the markets. Down one day, up in the next futures are in the red dow futures down nasdaq down 85 points right now. The nasdaq did bounce back yesterday. Up nearly 3 for its best day since april. 85 nasdaq 100 stocks finished higher on wednesday. Le led by gains in zoom and tesla. Tesla coming off its worst trading day ever those stocks fractionally down around the world, asia mostly higher after a rough day there european markets are just getting started. Julianna tatelbaum is standing by with more and some headlines. Good morning brian, good morning it looked like we were in for a positive session at the start of trade today but things have turned negative. We are looking at red across the board in europe. Yesterday, we did see a
Locations. Its an historic morning as the fed injects 2. 3 million in loans into the american economy. Powell has a live webcast in about an hour. We have the opec plus meeting to watch. Jobless claims, 6 million for a second week. But your point a moment ago is the fed is helping to take a credit crunch off the table and all we need at this point is a break on the science the fed is not going to be the reason why we go into a depression they want to stop that they want to make it a recession. Sometimes, i mean look, i was critical just a couple years ago when powell was talking about tightening when the economy was actually getting weaker. He is so far ahead of the curve that it will be studied. We will be studying this period, and we will say, unlike 1937, when the fed got tight and they threw us back into depression, we will say that jerome powell, after being a little unsure about how to handle things, decided to go out front and said we will make it so that if you want to make loa
Why was it a partyline vote . We have two parties that are split essentially on how to go forward with this more than one trillion dollar economics to me was package that congress has been working on for the past few days. The proposal was originally drafted by Mitch Mcconnell and a number of republican chairman of various committees. People like finance and the Health Committee and they came up with a proposal that would include a number of provisions that would include direct payments to americans, not just those unemployed but also those who have trouble making house payments or buying groceries because maybe they didnt front loader lost their jobs. There are loans to small and large businesses, some market stabilization measures and democrats were on board with most of that but there were differences of opinion. They have said that they are opposed to some of these measures because they feel like they are too favorable to corporate businesses only a few years after the tarp measure
Not quite six feet as recommended, but more than there has been in the past. And we will wash our hands when were done. Thank you very much. I think theres going to be a very important conference, and i will get to that toward the middle, but i have a few things to report. I want to thank you all for being here and i have to say, i think with social distancing that the media has been much nicer. I dont know what it is, all of these empty these and between chairs. You probably should not have anyone sitting behind you, either, but i love it. It is so much nicer, but i should not say that because youll get me now. Thank you all for being here, and we continue our relentless effort to defeat the chinese virus. Before i begin, i want to start by announcing that today we are bringing home another american citizen. Its a big thing. Very big. Way back to the United States after being imprisoned in lebanon since september 2019. He is battling late stage cancer. He will now be able to receive t