59 minutes left to trade, kayla. And that green screen is not something we have seen in a while. We have a big show ahead today on closing bell. A big deal for big steel well talk to the ceo from Cleveland Cliffs and his outlook on the economy later, sneaker startup all birds scoring 100 million in fresh funding. Valuing the company at 1. 7 billion the coceo will join us to tell us how his Company Plans to spend that cash and well have that later on in the show. Lets focus in on the big show were tracking to days rally. Theyre covering the latest tensions in the tech cold war with china start us off on the Broader Market and what youre seeing behind the scenes today. Yeah. Market making the case that last weeks lows and got some traction near the levels its not Something Else tachlt a look at the s p 500 year to date all the indices have a similar look with different mag any tudz we were talking about this level for a long time. This is where we hit the lows a few times last week aroun
Secretary of state and now the director at standard university. Condoleezza rice. Doctor Condoleezza Rice im so lucky to talk to you for the next 35 or 40 minutes on behalf of the ragan institute. Im really honored to be part of todays conversation and to have this chance to speak with doctor Condoleezza Rice. On a personal note, we are living in such a stressful time. How are you doing and how are you holding up and where are you right now. Condoleezza rice im in california. Im doing just fine. Like most knowledge workers freedom able to work from home although i did hear a very funny line in the day. Not sure whether im working at home or living inc. But im trying to during this time, when im actually. Productive freedom able to do almost everything remotely. Im trying to keep up my exercise routine and practicing the piano so i can manage that. So ive been director of the hoover institution. [inaudible]. The time off the road, allowed me to make a. Smooth transition. So all in all,
Is that correct . I believe thats the case. Mr. Rogers not here. With that, again, i thank the chairman, and i now welcome power panel of witnesses. First, i would again like to welcome senator king, the former governor of maine who served as cochair of the solarium kitchen. Sits on the Senate Armed Services committee and intelligence and others and has been a vocal leader in cybersecurity throughout his tenure. I welcome the senator here. Next, representative Mike Gallagher, cochair of the Cybersecurity Solarium Commission and current member of the house of representatives for the 8th district of wisconsin. Mr. Gallagher is a member of the house Armed Services dmt a s co and a former member of this committee. Id like to welcome mr. Gallagher again back to congress after his paternity leave. I thank you for interrupting your paternity leave and being here with us. Again, gratsz on your daughter grace. In addition to being a huge packers fan, going to be proud of her father for the work
Thats the worst performance in two weeks. The dow has been down. Nasdaq have been down five out of six the tech selloff was worst it continued down 3 led lower by stocks like apple the same old story big volatility coming. Those are really the tail thats been wagging the dog for a while. Youll see the nasdaq is lower once again the other two averages hanging in there the s p on the flat line nasdaq down another 50 points. Fur watching what is happening over the last two months they closed. Dow at the lowest level since the third. The 10year sitting at 0. 66 the story that seems to never end, tiktok. Here we go the owner bytedance applying for an export license in china as it pushes for a deal in oracle and walmart. They did not mention the pending deal and technology it was seeking to support calling the deal dirty and unfair they have no reason to approve it all of this raising questions about that prospect and what that would ultimately look like. What happened earlier in the week we
For july with august rates coming out tomorrow. To since and 7. 5 million californians, 39 of californias entire work force has filed claims, some laid off multiple times. This runs way above the national level. Reporter is humiliating and debilitating for people. To get claims paid. I had to move back with my parents. Thankfully thats an option i was super grateful i have them, otherwise i would be on the street. Normally im dealing with it well. Through this entire season of covid19. It has messed me emotionally. From a california is home to weekly claim showed californians filoyment claims and 30 of the nations claims independent rkers. One report shows that fully half the nations offices remain close. Office buildings that are being allowed to reopen, many workers are not coming back. Reporter political posturing , it took the nation more than six years to fully recover from the great recession, setting up this ominous likelihood. This is more severe in terms of job losses and busi