Will see the 2020 democratic ticket on stage, together for the very first time. What well do then is take you live to wilmington delaware where former Vice President joe biden will kickoff his campaign with his new president ial runningmate, as Vice President , california senator Kamala Harris each step of the way, what were going to do for you in this final hour is watch the markets, sectors, stocks, commodities for tick by tick reaction. Check it here markets in rally mode for the most instant reaction right now while its tempting to focus on the really huge jump for the nasdac look at this were up 235. Folks the index to watch is the s p. It is now within lets call it just under two points from its first record close since february, the number to watch, 3,386 were at 3,384 and change right now. All right, for months wall street has been gaming just who joe biden might pick as a runningmate and kind of fretting over you who the markets would react. Lets get to one of the top voices o
Coverage. Blake burman at the white house. Hillary vaughn in wilmington, delaware. Well start with blake, latest on stimulus negotiations picked up again but stuck in neutral, right . Reporter picked up again, jackie, going absolutely nowhere it seems. Top democrats here in washington, chuck schumer, nancy pelosi, they put out a statement in the last hour, that they spoke with the treasury secretary, top negotiator for the white house today, they say it was mnuchin that initiated the conversation. Afterwards pelosi took to twitter and said the following, democrats compromised. We repeatedly said were willing to come down a trillion if theyre willing to come up a trillion. Clear that the administration does not grasp the magnitude of the problems americans are facing. That is the democrat take. The response at the white house came from the communications director, elissa farah. Lets be clear, President Trump, not Speaker Pelosi who took action for hardworking americans and extended Unem
That Summer Vacation today, youre losing money, particularly if you are a tech investor. On this first trading day of august, the nasdaq aiming for its 29th record close of the year as tech giants from apple, like we were talking about, to microsoft and a whole host of other names, lead markets higher. We have the nasdaq up 176 points right now. Dow is up 274. Youve got to watch microsoft in this final hour. It is hitting a record high after confirming charlie gasparinos report that the og Software King is indeed in talks to rescue viral video platform tiktok from President Trumps threats to ban the chineseowned favorite of dancing teen agers. Of all the chinese apps, why ban this one . Charlie breaks it in just moments. And if the president does ban tiktok, will that be a shot across the bow aimed at china . We have team fox business coverage of the brewing tensions between the two superpowers. Our tech panel is here to tell you if we are on the verge of a high tech cold war and why t
Earnings last week and announcement after four for one stock split. We have microsoft higher on a possible tiktok acquisition. We have fox Business Team coverage. Blake burman with the latest from the white house. Edward lawrence from washington. Well start with blake. Reporter hi, there, jackie and david. A lot of the action up on capitol hill there was just a twohour meeting behind closed doors between the top four negotiators to figure out a way through relief talks. Treasury secretary Steve Mnuchin and chief of staff mark meadows and House Speaker nancy pelosi and Senate Minority leader Chuck Schumer. After that mnuchin walked out of the meeting and went over to Mitch Mcconnells office to Top Republican in the senate and to brief him on the discussion. This is their readout afterwards. A lot of focus discussed on schools. Chuck schumer said we went through the numbers in person that the senate put in and proposal we have, how many children can you feed with this amount of dollars f
Buffett is finding a new jewel for the Berkshire Crown after dipping into his 137 cash pile. Breaking today, uber eats is gobbling up postmates. It is official. Weve got more on the big m a deal to kick off your monday straight ahead. And Billionaire Elon Musk taunting tesla shorts, the stock shorts, with actual red satin short shorts as the ev giant stock hits another record high. We will talk about it. We will also talk to the ceo of the company thats building all the electric vehicle charging stations about his shocking Sales Numbers during the coronavirus crisis. The blink charging company ceo is here. And the ceo of impossible foods making a bold claim. He says the Meat Industry will be completely gone in 15 years. He will tell us how he will make the impossible happen. Less than an hour to the closing bell. Im Cheryl Casone in for liz claman. Lets start the claman countdown. Cheryl retailers such as target, walmart and Dicks Sporting Goods have dropped Washington Redskins merchan