Market thats such a long name that it covered two lines in the tele prompter baseball is back as the mlb kicks off its season and so does Sports Betting well talk to the ceo of fan dual power lunch starts right now rolls right off your tongue thanks opinion as jobless claims rise for the first time in four months, republicans and democrats are pushing to come to an agreement on phase four as Unemployment Benefits are about to expire. Lets get the latest Details Senate gop leadership and the white house say they have reached a fundamental agreement on the next relief package but we still havent seen any of those bills yet and its not clear when we will treasury secretary Stephen Mnuchin was back on capitol hill to continue the negotiations with Senate Majority leader mitch mcconnell. He told cnbc hes made one concession to Senate Republicans and thats abandoning the administrations request for a payroll tax cut. One of the issues i think about the payroll tax cut is people get that mone
Didnt stop during the crisis at all if i had to travel abroad for example for humanitarian reasons bringing mosques or protective clothes for our friends in the vegetable canes or somebody else trouble trouble i take care about the hygiene prescriptions and obligations you know washing cans not to go to clothes no shaking hands but sometimes we did because now its in our case its its over i mean from the crisis perspective but but during the peak of the crisis i really seriously tried to to respect the rules and regulations. Well i mentioned the Words Business as usual i would like to come back to something youve been talking about for a while with other people youve had interviews with. Critics have said that your Prime Minister destroyed democracy as usual or democracy as weve noted in hungary youve called it fake news can you give us an update on that at this point right at this point whats going on with mr or bans powers to rule by decree. See we have been in office from 2 fours an
Good morning and welcome to the show im dominic chu in today for Brian Sullivan lets get to the money and markets how theyre setting the day up solid gains. You can see here dow futures indicated higher by around 400 points a nice move there. The s p 500 up by 44 points and the nasdaq up by 150 turning now to whats happening with the bond market the yields moving higher currently at 69 basis points or 0. 69 . The two year note about. 16 and the 30 yearlong bond 1. 45 as well very strong from the starting position and you can see that now that translates to gains of less than 1. 8 on the ftse and typically its been one of the underperformers but you can see out in front today the u. K. Stock market not the 2 but also getting back some of the territory has been the german dax, 1. 5 you can see it suggesting a broadening out of this rally around coronavirus its up 6. 9 we had the resignation of the chairman and the ceo activists want job cuts. The unions had success against the Management
Fed chair is currently testifying to the house ways and means committee. Whether it is eu in china or the u. S. In china, we will break that down. We will have exclusive interviews with the erickson ceo. The main story continues to be the fed. The pandemic may threaten the stability of longterm Inflation Expectations. That was according to the vice chair yesterday. I judge that measures of longerterm inflection Inflation Expectations were at the downturn at the lower end of the range that i consider consistent with our 2 inflation objective. Given the likely downturn, we are at risk of falling below that range. Us now is blackrock system medical systematic portfolio manager. What does that mean if we fall sustainably below that range . That is where we are today. This is a huge shock. It is a huge shock across both sides of the economy. That has been met with less price inflation. We have seen the impact across price commodities. We have seen it yesterday with retail sales in recovery
Has nothing but the russia vs the word. Really really good to say that you are the 1st government minister to come toward t. After quarantine so thats why were grateful and welcome again lets get going im honored thank you so much for an invitation its great to be here but i do have to say that you flew into the russian capital. At a time when still every day there was 1000. 00 plus new cases in moscow. But in hungary theres only a total of 4000. 00 a bit more than that arent you worried and is it really time already to go back to business as usual when it comes to diplomatic trips look i never saw basically i didnt stop during the crisis at all if. I had to travel abroad for example for humanitarian reasons bringing mosques or protective clothes for our friends in the vegetable canes or somebody else trouble the trouble i take care about the hygienic prescriptions and obligations you know washing cans not to go to clothes no shaking hands but sometimes we did because now its in our ca