Four confirmed dead at this hour. The cause of this is still unknown. That part of it just beginning. My niece and her husband and her son were on the seventh floor. Im asking everybody to pray for survivors. My nephew was here with his wife and three small children. 2, 6 and 9. You never lose hope. Martha never lose hope. Rachel is among those that are hopeful today as this process continues. Her mom, judy is unaccounted for. Rachel will join us in just a moment. Were watching the minneapolis courtroom team. Chauvin is on the left side of your screen. The former Police Officer convicted in the killing of george floyd is about to find out how many years he will spend behind bars. We may hear from Derek Chauvin for the first time during this process and well watch that live throughout the course of this hour. Thats where we find matt finn. Today is a big day, matt. Martha, Derek Chauvin is looking different. Three members of George Floyds family have given impact statements. The first,
Shellady and moodys economist john lonski. Welcome to both of you. Scott, what do you make of what is happening right now . Maybe because of stormy weather, folks expected to participate in Online Shopping more than otherwise would be the case. How do you sort of look at that . The shocking numbers, Online Shopping still has not eclipsed bricks and mortar. Depending who you read about 20, 25 . What do the malls look like when there is 50 50 . There is a still room to have Online Shopping area. I think bets, ultimately death knell at some point in time but right now it is small. We need to see 10 billion, the market would love. That would be something good to underpin we see what happened today. U. S. Economy, u. S. Consumer, the way they feel, it is a good recipe. Stuart john, youve been telling me the consumer is the key to this recovery and even when ceos, cfos, sort of dialed back expectations or not hired as many or ratcheted down their plans, the consumer had none of that. Is that
Armed with a paintball gun. He was shot by police. He was in Critical Condition at a local hospital. Investigators found a note in a truck pledging loyalty to isis. Bill deblasio said despite the attack, terrorism will not end. We know that this action was intended to break our spirit. That new yorkers are strong, resilient and our spirit will never be moved by an act of violence to intimidate us. He treated this. I just ordered Homeland Security to step up our other programs. The latest from the scene coming up this morning. Markets this morning are rallying to the Dow Jones Industrial average of the morning of better than 100 points. It has been delayed until tomorrow. European indices this morning moving into equities. Dax index up one and two thirds . Stocks ended higher. The shanghai composite nikkei average of almost 2 overnight in the hang seng up one and a quarter . Kospi and three up one and a 3 . Tax reform delayed for a day. Lawmakers putting off plans to unveil their highly
Doubled the debt in the obama years. And the New York Times calls it a comic tax cut and give away to the wealthy, perhaps those rich democrats will give back their tax cuts. Im waiting. All of that is politics. Lets get to your money. Google, microsoft, amazon, three of the fabulous five. They will announce their Financial Results today, very important stuff. How they do will make a big difference to your 401 k , which is already doing very well indeed. Overall, the dow starts out this morning, just 140 points from its alltime high. It will go up just a little bit more at the opening bell today. Were very glad youre watching and listening on satellite radio, this is going to be fun. Varney company is about to begin. Well take a look at what theyre proposing, but i can tell you this, if the president s plan is to give a massive tax break to the very wealthy in this country, a plan that will benefit people and businesses like President Trump, that wont pass muster with we democrats. Stu
Its a horrible feeling. Well bring you the very latest as they come in and out of london. The commanderinchief looking to move past the chaos and washing said including the testimony yesterday. Hes getting america back to work. The 71st birthday. The apprenticeship initiative, a plan while appearing with his daughter in wisconsin yesterday. Of future while a great apprenticeship opportunities for young city said and study things they want to study and study things are going to be great at. Workforce development is at the heart of the administrations agenda and we are very excited to be there today and the great work being done. Train to mourn the president s job plan coming out. Take a look. Stronger as we see features indicating a gain of 20 points. About 10 points on the nasdaq. We are awaiting the Federal Reserves interest interest ratn closing the twoday meeting expected to raise a quarter of a point as the loss or eternal is tasking director of the Economic Council launching the s