Detecting new cyberattacks from russia, china and iraq election. The clock ticking away for tiktok. President trump says theyll be no extension for the sale of popular chinese app. Ceos calling on de blasio to crack down on crime. The dax index lower by 46, the uk economy rebounding. Gdp up 6. 6 in the month of july for uk. In uk green across the board. Best performers were in hong kong, japan and china all up 3 quarters of 1 . Now some of the top stories that we are watching this morning. President trump slamming joe bidens record on jobs saying the democratic nominee nearly killed the u. S. Auto industry during Campaign Rally in michigan. Joe biden supported the Transpacific Partnership which would have been death to auto jobs. I withdrew from the tpp, that was so easy. You wouldnt have been making cars, you would have been making cars from foreign lands. Dagen made in america platform in michigan that ensures penalty. Wild fires ravaging the west coast. 16 are still missing. County
Up as u. S. Orders chinas consulate in houston to close. The big question when will Corporate America join in this fight . At least 15 people shot last night in chicago as gunfire erupts outside of a funeral home. Local opposition remains to President Trump sending in the troops. Talking about the federal Law Enforcement help. Well take constitutional look at this what it says there with jenna ellis and the human toll with deneen borelli. We have a power packed show on making money. Charles the broad market essentially spinning its wheels clearly wasting for microsoft and tesla to report Quarterly Results after the bell. They lost a little bit of oomph after reports yesterday stimulus talks were going poorly. I bring in three favorites to go over whole bunch topics. Kaltbaum capital management, Gary Kaltbaum and katheryne rooney vera and Heritage Capitals paul schatz. Gary, were watching the market. It is quiet on the surface. It is quiet. You Like Technology and technology, software,
S p is down 76. We are watching all of these markets. A few things are going on right now. Investors werent impressed by the feds vow to buy an unlimited amount of Government Debt and give loans to businesses, big and small. Theres one industry that Coronavirus Crisis is impacting directly, restaurants. They are closing their doors to patrons, trying to shift to takeout only. We s ghave got the owner of a gp of restaurants who will tell us, he will say this, the restaurant recession has already started, already in effect. We know folks are out of work but how bad is it . We will find out. Theres also sharks in the water, there always are. Investors are not just looking for an edge in the selloff but advising businesses in how to survive the crisis. Weve got one of the best in this. Hes an investor, an entrepreneur, founder of fubu and the star of shark tank, daymond john will join us to give us his perspective in all of this and oh, yeah, we are going to check in on liz claman as she b
Do you want to go through the data . Tom yeah, let me go through the data. The news is in conversations. Limit 12. 55 with a massive curve flattening, oil down at the bottom, speaking volumes. Next screen, please. The vix is a good litmus paper, not moving here with futures down, 40. 94. I am not sure what the implied 5. 0is, but im guessing will be a good place to start. That is the yen. What is absolutely telling, there is persistent yen strength through the japanese day and the london morning. The 30year bond. Third screen and i know francine has a more europecentered view. This is the chairman powell screen. What will they do before the market opens . This is what they are looking at. The twoyear yields from the u. S. , u. K. That is stunning on the United Kingdom, maybe near a negative yield in japan and down to germany as well. Francine . Francine first of all, we did have the iaea headlines crossing the terminal moments ago, oil demand dropping for the First Time Since 2009, whi
The committee will come to order. Todays hearing will focus on the reauthorization of the vast act, the nations current surface transportation bill, that is embers decembers on september 30th. We will hear the perspective of key stakeholders. A long term reauthorization bill is critical to providing the certainty and stability that transit agencies, cities and states across the countries need to make responsible Transportation Planning decisions. Public transportation plays a key role in our nations economy, there are over 430,000 workers employed in Public Transportation in the united states, transit provides approximately 33 million trips every day, taking Many Americans to and from work, school, and medical appointments. And not just in big urban cities, but also in small, rural areas. However we find ourselves at yet another service says petition authorization is the most significant issue that needs to be addressed. In order to address a comprehensive, long term reauthorization bi