If you check out crude oil, which is probably the biggest market story weve been watching for a week or so crude Oil Yesterday was up slightly to 42. 74. This morning up to 42. 84 youre still talking about wti below 43 a barrel. Americas 34 largest banks did well in the stress test. The results show even during a large recession large banks would be well capitalized and could support homes and businesses when times are tough. The second part of the stress test will be released next wednesday. There are talks about whether things might have loosened up a bit with the fed. Doug parker says he is not happy with Qatar Airlines plan to buy a 10 stake in the company. Parker telling phil lebeau he found out about it yesterday parker telling cnbcs phil lebeau he found yesterdays offer confusing, adding why an airline were aggressively fighting would want to take a stake makes no sense he wonders if the motivations were misguided and ill conceived. They have been fighting over policy in washing
Task. Nevertheless, as youve been hearing, the markets are anticipating that an environment where the gop needs even Small Victories to the count for something, this is something. Of course, the dow many record territory, the in record for story, the s p and nasdaq in and out of that. Weve been watching on the technology front, this is a very busy week as you probably know by now for earnings. Were going to get into that. 180 of the s p 500 Companies Reporting just this week, and most of those numbers not all, but most have been better in cases of some, far better than expected. So how much of an impact will this measure have on not only wall street, but main street . The hope again being that this sort of paves the way for something, all sides can agree on. I say all sides within the Republican Party, this is still a Republican Party effort with democrats left out. Now, theyre complaining about that, but they have also the republicans say done little to advance in anyway. So were goin
According to the nations top Infectious Disease expert dr. Anthony fauci who says at the moment, we are losing. We ultimately will get control of it. I dont really see us eradicating it. I think with a combination of Good Public Health measures, a degree of global many herd immunity and a good vaccine, which i do hope and feel cautiously optimistic that we will get, i think when you put all three of those together, i think we will get very good control of this. And dr. Fauci says hes not quite sure whether a vaccine will come this year or next and adds its impossible to know how long the vaccine would protect you against the virus. The u. S. Government investing in a big way today. Nearly 2 billion to obtain hundreds of millions of doses of a vaccine candidate. Until then, the mission, minimize the spread. A fight the president now admits likely to get worse before it gets better. Mapping out the cases now. Look at this week versus last week across the states, 26 states heading up in t
With so much anxiety generated by ebola, were going to address the scare from all angles this morning, reports from africa, dallas, washington and dr. Richard besser here in new york to help everyone understand what we should be worrying about overseas and why we shouldnt panic here at home. We begin in dallas, the only American City where ebola has been contracted. Abcs tom llamas is there. Tom. Reporter residents woke up to find a mea culpa letter in their local papers. It comes from the ceo of Texas Health Presbyterian where he acknowledges the hospital did make mistakes. The mea culpa letter comes as a Lab Technician who handled ebola victim Thomas Eric Duncans blood sample returned to texas on this cruise liner this morning. Earlier that technician who has been quarantined in her cabin had her own blood sample transferred at sea to conduct tests for ebola before the ship docked. Watch as a u. S. Coast guard helicopter hovers over the deck of the carnival magic. The chopper was cir
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