Summit. Hello, everyone and welcome. I am the anchor of cnn newsroom weekend. Welcome to this closing plenary, reimagining the future. Schools have started in much of the nation and today of course we have had a full day of this valuable virtual summit, and so many questions remain. How should schools fully reopen . Who should remote learn . Who should teach Remote Learning . Is this the school year that is lost, and can kids really learn and benefit as best they can from such a variety of issues . And is the gap between the haves and havenots, is at widening . What needs to change right now to promote and protect the greatest potential for every child in every neighborhood in every Apartment Building in every shelter . Because times are that tough. We have good number of our kids now operating and living in shelters. We are going to try her best to tackle all of these questions. Iveot an incredible panel with me now. You have seen some of them. That you can see them. Paul kerger, pres
Dom . It looks like well try that recovery trade from yesterdays late day selloff here. Stocks are broadly higher and to a decent degree. 250point gain for the dow about 1 upside. The s p 500 still very much above that 3,400 area. Thats an area that a lot of traders are looking at as a pattern of support there possibly for the markets up 1 , and the nasdaq, believe it or not, is underperforming, only up threequarters of 1 as well so the nasdaq a key focus there. If you take a look at some of the things that traders are watching from a more macro perspective. Interest rates, especially longer term ones are a very key focus here we dont show the 30year long bond very often. We focus on the tenyear more but that move to the upside has taken that 30year long bond beeld 1. 592 above its longer term trend line or the 200day average yield for that particular Interest Rate 1. 52 is the level to watch there. That could have reverberations on the financial side of the market also then check out
With so many businesses working remotely. One of the biggest work from home names is slack, which has seen a flood of new customers as remote work continues. Shares had been soaring, but got pummeled in the last few days after the Company Reported a miss on feelings expectations. Ceo of us to discuss the slack. This is a pretty big move and one of the biggest selloff of slack shares in particular since you have been a public company. What is your take . It gives the backdrop of a lot of volatility. I definitely think the billings missed you mentioned is important. We were a pretty young company, 6. 5 years old. We are coming into our sophomore year. There is rightfully a lens of skepticism on whether this growth is durable. Happened this quarter is different. We had the pandemic. Record unemployment. New paid 8000 net customers in the quarter. That brings the total to 130,000. 130,000 businesses, they are small and medium businesses around the world. They more accurately reflect the br
Education arne duncan. We should not be in this situation. Other countries are not. We should not even be talking today. Lost,f thousands of lives the impact on millions of millions of children, education around the country, is extraordinary. It is tragic, there is no easy way to put it. Having said that, on the local level, unbelievable leadership empathy, compassion, urgency. Im talking about superintendents across the country trying to figure out Food Distribution, telehealth, social and Emotional Health during tough times, and yes, education. Horrific leadership at the top and amazing and Inspiring Leadership at the local level. So as a have four kids, parent i am feeling this, my kids are learning remotely as we speak. We are lucky we have access to technology. Still, even i am concerned. What are your biggest concerns about how this could play out . Mr. Duncan on socially, multiple concerns. One is the political pressure could physically open. Open is not to pressure to physicall
But is important for children and families. He ended with a threat. May cut off funding if not open. And just yesterday, he said, quote, my view is the schools should open. He this thing is going away. It will go away like things go away and my view is that schools should be open. The president views the decision about how to reopen schools as a political dispute about his own reelection. And to paraphrase his press secretary, he is refusing to let science stand in the way. I fundamentally disagree with that approach. Schools must reopen based on science and the safety of our children and teachers, notf politics and wishful thinking. I do agree with the president that schools are critically important for children and families. My first job after i graduated from college was as a High School History teacher. My wife was a school librarian. At this time of year, i remember the anticipation as the start of school would come into focus. Two of my grandchildren are schoolage, and i know the