And that because your point on bonds. Right now we have the 10 year yield backing up six basis points on the week, up 14 basis points. The worst week for bonds going back to august. Bonds selling off. That pushes yields higher on the idea there is some kind of recovery happening around the stimulus. It is going to be interesting to see whether or not the 10 year yield can break out of this range. David we will have to watch that carefully. We knew the job numbers would not reflect all of the covid surge, but we did not expect them to be showing downward trend before the covid came roaring back. To take us through what the numbers may indicate we welcome douglas holtzeakin, president of American Action forum. He earlier served as director of the Congressional Budget Office as well as chief economist under president george w. Bush. Great to have you back with us. Disappointing on the downside. How much should we read into that . Douglas the real significant piece is on the Household Surv
The boards on the windows have come down. The holiday lights and the Christmas Tree are up. And stores are now hoping for the holiday rush they desperately need to survive. Good evening, im elizabeth cook. And im ken bastida. Lets go to kpix 5s andria borba. Andria, despite the shutdowns, despite the pandemic, businesses are still hopeful . Reporter businesses are still open. Of course, on friday here in San Francisco, indoor restaurant dining will come to a halt per the mayors orders, but brick and mortar retailers and the large stores and small stores supported by them say they need this Holiday Season to be good in order to survive. Its kind of make or break. Reporter union square retailers say they need a big Holiday Season to survive after months of nearly empty streets and few shoppers. Some large chains have already filed for bankruptcy protection and the Small Businesses who feed on foot traffic from Bigger Stores say they are fighting to stay alive. We would really need them t
To chairwoman waters expressing appreciation for her willingness to work cooperatively on this legislation. The speaker pro tempore without objection. Ms. Norton mr. Speaker, i have no further speakers, i reserve the balance of my time. The speaker pro tempore the gentlewoman reserves. The gentleman from North Carolina, mr. Rouzer. Mr. Rouzer mr. Speaker, in closing, h. R. 8326 will ensure that child care availability is incorporated in the Economic Development strategies required for e. D. A. Grants. I urge support of this bill and yield back the balance of my time. The speaker pro tempore the gentleman from North Carolina yields back the balance of his time. The gentlewoman from the district of columbia is recognized. Ms. Norton i urge my colleagues to support this legislation and i yield back the balance of my time. The speaker pro tempore the gentlewoman from district of the ia yields back question is will the house suspend the rules and pass h. R. 8326. Those in favor say aye. Tho
On further coronavirus stimulus until after the election the dow, which had been up, turned around and actually closed down by about 375 points. It was down by 1. 3 , s p down by 1. 4 and the nasdaq off by 1. 5 . However, this morning the stock futures are sharply higher this started last night around 10 00 p. M. When President Trump posted a flurry of tweets, one of them calling for airline and Small Business payroll support immediately. And another calling for a standalone bill on stimulus checks he was saying that he would sign these bills immediately. And as a result, take a look at the futures, dow futures indicated up with fair value by close to 200 points. Ylan mui has been following all of this and has more good morning. And just hours after the president walked away from the bargaining table, he appeared to take three steps back calling on democrats to pass targeted relief first it was that 25 billion for the and i remember industries Payroll Support Program and 135 billion fo
Enjoy unanimous support on both sides except that the democratic argument appears to continue to be if we cant have everything we want we wont allow anything to pass. My members think we need to try to address this again and we will vote on the program today and the larger 500 billiondollar package tomorrow. I dont anticipate that we will get any democratic votes, but we want to make the point to the American People that Senate Republicans believe and know the package is important and we have crafted one that we think includes things that are not controversial. I am aware discussions continue between the president and the speaker about a large package. Obviously if that were to come over, we would have to consider it. We will be voting to confirm justices to be Amy Coney Barrett next monday and that will be another accomplishment in our effort to put on the court, the federal courts men and women that believe in the notion that a judge should actually follow the law. As the leader poin