School holidays. If we look at the map, we talk about schools open or closed, we do know its a holiday because of lighter traffic. I have my eye on discovery bay. The rest of your commute looks fine. Maybe a factor for 680. Back to you, laura. Thank you very much, mike. 6 01. We begin with live pictures from arlington, virginia. This is Arlington National cemetery where President Trump and the first lady will visit in just a few hours to honor our Fallen Heroes on this veterans day. It is the president s first public appearance since the election. Joe biden will take part in veterans day events. Today in the bays tracie potts is with us live in washington. I know these events happen as the struggle between biden and the Trump Administration continues. Reporter it does, marcus and laura, and we are seeing where republicans are lining up in that power struggle. A few acknowledging and congratulating joe biden on his win. Some lining up with the president saying he has absolute right to c
Region. Beaumont and the whole area. As hurricane lauras wrath unwinds right on top with more than 82 of gulf Oil Operations now offline. We now know where the powerful storm is headed and what it could mean for prices at the pump. By the way, exxonmobil, part of the reason stocks are seesawing as the dow stares down one of its most epic shakeups ever. Our floor show traders ready with their blue chip fantasy picks. With everybody wearing sweats and pajamas at home, why is luxury consignment site the real real jumping 35 quarter to date . The ceo is here in a countdown exclusive on the hermes effect. The topselling luxury product being used for a high end face mask hack and the happy face its putting on shares of her ecommerce titan. Plus covid test results under 15 minutes . Why you may want to go to the airport for your next covid test. How and where the company is pulling that off. Less than an hour to the closing bell, lets start the claman countdown. Liz retailers popping and drop
Power, at least fourstorm related deaths as dorian makes its way on the east coast. In bahamas, hundreds possibly thousands are still missing, death toll continue to go rise in the bahamas, we will bring you live coverage, we will take you there coming up all morning. Ipo issues, wework report lid cut of valuation with more than half, weve got the Details Behind the struggle coming up, mornings with maria begins right now. Maria big show this morning, it is a big day for markets on joes day, joining the conversation this morning Fox Business Network Dagen Mcdowell and chief workforce analyst courtney is here and chief economist john, great to see you, guys. Good morning. Maria big day on jobs, a lot to talk about this morning, also on deck joining the conversation the founder of next digital, Majority Shareholder joining us live on hong kong unrest, activist and leader in hong kong situation and we will get his take on latest developments, congressman is here on Technology Jobs and for
Thats when i will get my storm. Thats what i am thinking. [laughter]. Lets get you outside and take you down to penns landing. The tree is lit, the ice rink there, we dont have any precipitation falling, but as gray mentioned it is bluster. The winds picked up a little bit, you combine that with terms in the upper 20s and low 30s, it is chilly. These are the present air temperatures north and west, most locations are hovering close to 32. 30 in quaker up to. 30 in quakertown, 30 in pottstown, center city, 35. Most of south jersey in the mid 30s, 34 in glassboro. 36 in smyrna. 36 in vineland, woodbine, 36 degrees. Satellite and radar as gray mentioned, i got my flake or two yesterday. Some of you may see a flake or two today, as well. Were not tracking anything of significance. Well see the lakeeffect snow turned on again for lake erie on ontario. For us, normally this stuff never crosses the mountain. Maybe well get a flake or two, but thats it. Speaking of a flake or two, Storm Tracke
The dow surged 175 points to a five year high, the nasdaq added 32, the s p was up 19 points. Investors and traders warmed to the Federal Reserve chairmans steadfast support of the Central Banks bond buying spree, he thinks the asset purchases are necessary to keep Interest Rates low in order to spur growth and boost hiring. The fed has been buying 85 billion a month in american i. O. U. s since last september. While it wont stop the strategy, it will soon Start Talking about how to stop. We havent done a new review of the exit strategy yet. I think we will have to do that sometime soon. Even if we dont sell any securities, it doesnt mean that our Balance Sheet is going to be large for many years, it just would be maybe an extra year, thats all it would take to get down to a more normal size. Tom other factors at play on wall street today included, an auction of italian bonds was well received, fending off new worries about the european debt crisis. And here in the u. S. , january dura