What it is, and why it is wreaking so much havoc for social media companies. And it is halloween eve. Night. Iller, but triller we will have the executive chair of the social media platform sued by tiktok. Those stories in a moment. Also this hour, we will be speaking with the ceo of overstock. Com on supply Chain Technology ahead of the busy retail season going into the holidays. Later, i will have an interview with the ceo of blue apron, which reported results yesterday. Dropping, u. S. Stocks capping their biggest weekly route since march after tech earnings disappointed investors concerned the slowing economy will dampen assets. Lets get to Abigail Doolittle in new york. It was a crazy week just ahead of the election. Walk us through your roundup. Abigail yes, it was a crazy week, a wild week. Two down weeks. That is another piece of the story that the bears have been at it last part of this month. The nasdaq today not surprisingly with the text selling that you were alluding to re
Ahead on todays show, fashion in the time of coronavirus. Well speak to anna wintour about vogues new partnership with amazon on a Digital Store front. Plus we will speak to truist ceo about his efforts now for Coronavirus Relief lets focus in on the stories we are watching Steve Liesman with the highlights from the fed minutes. Just released in the last hour and oliver chen is with us to talk about retail earnings and the big box names he likes so far. Michael, start it off with you what stands out . Yeah. The market just bobbed right back up from that lateday selloff yesterday. In fact, the low for today in the s p 500 hit about three or four times was yesterdays high. So it seems as if, you know, big money investors continue to behave in a way that suggests they feel underexposed to stocks if theyre not going to pull back a lot weve been talking a lot about this rotation theme. You have small caps up a lot and fin tech and financial all were really doing is stretching the upside of
How to do you achieve victory, business on wall street for learning to defend our nation at u. S. Military academy. Come to honor our veterans today, celebrate this institution that has men and women who favor service, selflessness, team and brotherhood over personal wants and needs. Might think theres a lot of overlap at west point and wall street especially today markets low. I think there is some commonality. Because leading an enterprise these days is all about the same processes that cadets learn here no wonder veterans do so well in business yeah why not . Why not . [ cheers and applause at a time when whole market can be brought down by exogenous forces we need to figure out which stocks can bounce back the fastest. Thats why im focused on similarities between how they do things here at west point and how things are done on wall street Winning Strategy is Winning Strategy, whether the military or private sector. What does it take for a company to win leadership, innovation, loya
You factor in the wind it feels more like the Single Digits out there. Make sure you bundle up. Good today. 19 degrees 9 00 a. M. Temperature. The wind a little gusty at times 26 and top out near 30 this afternoon. More than 80 Million People are expected to feel the impact of the winter storm pounding the Atlantic States today. Two feet of snow could fall in some places including the Nations Capital. Living up to expectations, the storm dumped heavy snow from tennessee to new york overnight. Roads were treacherous and drivers who dared to venture out were miserable. Definitely could do without it. Id like the 60degree weather back we had in december. Near mount vernon, kentucky hundreds of people were stuck for hours after Numerous Accidents forced officials to close interstate 75 in both directions. Wind gusts up to 50 Miles Per Hour are creating blizzard like conditions. Authorities are encouraging people to watch out for one another. Take care of your neighbor especially those who
Tempore on this day. Signed, john a. Boehner, speaker of the house of representatives. The speaker pro tempore pursuant to the order of the house of january 3, 2013, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour ebate. The chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and the minority whip each, to five minutes but in no event shall debate continue beyond 11 50 a. M. The chair recognizes the gentleman from maryland, mr. Hoyer, for five minutes. Mr. Hoyer i ask unanimous consent to revise and extend. The speaker pro tempore without objection. Mr. Hoyer thank you very much, mr. Speaker. Mr. Speaker, beginning this week literally hundreds of thousands of civilian workers are being furloughed and particularly at the defense in marylands fifth district, across the street, and around the country. That means as of monday morn