Richard we think the additional fiscal support will likely be needed. I think, it is very clear that the cares act, which passed in march was a historic government response to a historic crisis. A thrill that a 3 billion dollar package provided significant support to the economy. The economy has made a lot of progress, about 11 million jobs have returned, but there is a deep hole. Steve, theng us is portfolio manager. I wonder if you can piece those two things those two things together. It seems like there is still a rotation. Fed official after fed official are calling for more fiscal stimulus that we will not get. Steve i think we are going to get it, but not before the election, because i think it is a political football, and now you have the Supreme Court battle that will show us that will suck all of the air out of the room. After the election, or in the new congress if one side or the other scores a victory. You will get additional fiscal support. I think it makes sense, the econ
Gap, all falling very hard as you can see there. Well go shopping for opportunity in that Retail Sector later on, buy gold now thats the message from one top wall street firm we will debate if there is any shine left in that big trade we start first with breaking news out of disney the stock is moving lower in the after hours session as the Company Announces some very, very major job cuts. Lets get to our own Julia Boorstin with the details. These are tens of thousands. Thats right. Disney is laying off 28,000 domestic employees, hourly, sal rye e aried and executive roles. In light of the prolonged impact of covid19 on our business, including limited capacity due to physical distancing requirements and the continued uncertainty regarding the duration of the pandemic exacerbated in california by the states unwillingness to lift restrictions that would allow disneyland to reopen, we have made the difficult decision to begin the process of reducing our workforce at our parks, experiences
The last 19 seconds. We are up 52. The nasdaq up 223. So heres the situation. We are indeed about to get an update from the president s physician on the president s condition and breaking news of the timing of his discharge. We will take you straight to Walter Reed Army Medical Center as soon as the briefing begins. We are told 3 00 p. M. Eastern. Its right now, 3 00 p. M. Eastern. We are watching it. Little moving target but we have the cameras set up. The testing storm that whipped through the white house since the president tested positive last friday is shining a bright light on xpresspa at this hour. Tomorrow it will roll out its Rapid Testing site at jfk in new york. Diagnosis in five minutes for anybody at the airport now, passengers, workers and first responders. Ahead of that, you are about to get an exclusive first look, the walkaround at the brand new Testing Center from the ceo who is there on site. A full 24 hours before they open. And the latest entrant in the electric ve
Equipment and providing security. Its the common set up for a wildfire investigates vest team. The vineyard is almost impossible to reach by vehicle. Its down a steep hell from the top of the north fork of Crystal Springs road, just east of the silverado trail north of st. Helena. Almost nothing survived on the firescared mountain. The vineyard is surrounded by an electrician fence, and there are no power lines near where investigators were set up. Im in shock. Im devastated at the loss of my neighborhood. Reporter pam was startled awake around 4 00 a. M. Sunday when the fire first broke out. She took this video of the flames marching down ll side wh are now looking. Reporter i could see northeast here, big blaze up on top of the mountain. Reporter soon the fire would engulf everything around her, including several of her neighbors homes. When i felt my hair was going to startsen knowledging if i didnt just evacuate, you know. Reporter the first calls about the fire came in around 3 50
Shirley on campaign 2020. At 8 30, new yorker magazine writer jelani cobb discusses his new pbs frontline documentary policing the police 2020. Host good morning. Its tuesday, september 15, 2020. The house returns this morning at 9 a. M. Eastern and at 10 a. M. Today in the white house, representatives from bahrain, the united arab emirates, and israel gathered to sign an agreement to normalize relations. We begin this morning back on the campaign trail yesterday as President Trump met with california officials overseeing the response to raging wildfires in the state as joe biden sought to put the issue of Climate Change front and center in an address from his home state of delaware. This morning we are asking you how important our climate issues when it comes to your election 2020 vote. Give us a call. Phone lines split this way, if you are a supporter of the biden harris ticket, 202 7488000. If you support the trumppence ticket, 202 7488001. A special line for those who have been imp