A half percent. Another thing i am watching as the rnc tax policy. Toer this hour, we are going look at taxes and how they play into wealth inequality. We are going to do that with Dorothy Brown november university. First, economic data. Confidence, 84. 8, the market was looking for 93. Ist is a week number that a weak number. This tell us something about the stimulus debate, the employment market in terms of the present situation. That has weakened significantly from the 94. 2. The expectation number has weakened as well from 91. 5. We have an 85. 2 this time around. Newhome sales continuing to drive onward. The Housing Market showing no respite. Look at the lumber prices. Sales, 901,000. That is a 13. 9 permit very strong number. Consumer may be starting to show signs of weakness and concern. Lets talk about the market today. We have already indicated what we are seeing is stocks, global stocks continuing to push on very strongly. What is the excuse . U. S. Chinese officials holding
Good morning. Good morning. Good morning, everyone. As we begin our final day of consideration of the fy21 spending bills, id like to thank you all for your kind words and well wishes and ask you, please, to indulge me in just a few more reflections. I came to congress in 1989, one of just 31 women in the house and senate and to this committee in 1993 alongside only six other women under the 64member panel. This body is better for the 100 women serving in the 116th congress and for the many women in the room today. Its my honor to address the full committee for my final time as the first woman chair. You know, its ironic [applaus [applause] thank you. Its ironic that back in 1993 i had to choose between serving on appropriations or ways and means. I was fortunate to be given that choice. And today, we markup my final appropriation bills in the ways and Means Committee room. I chose appropriations because i believed it was the best place to give more people a better chance at a better l
Americas grim reality, new virus cases hit daily records in florida, california, and texas. The imf sees a deeper global recession than it predicted two months ago. Lufthansa biggest shareholder says he will back a 9 billion euro government bailout, getting the rescue plan a shot of momentum ahead of a crunch about later today. A bid for closure, the chemical giant spent more than 12 billion to settle thousands of roundup cases and other u. S. Losses. A significant number of cancer cases claims remains unresolved. Just enter an hour from cash equity trading in europe, and we have a mixed picture. But the futures are trading 0. 2 . Down dax futures are trading higher in frankfurt. We are looking at Different Directions depending on the regional indexes. What you see on the gmm . Anna i will get to that in a moment. Picture around the spread of the virus in the United States, capturing the markets attention, and sending Risk Appetite lower. Getting numbers at of royal mail, this is inter
Since the death since the disease emerged. The causing Severe Damage to the global economy. It also says australia is leading developed nations through the economy. Shery lets get a check of how markets are trading. We are seeing u. S. Futures under continuous pressure. The futures session right now. This after stocks fluctuated throughout the day. We had the risk on tone fading. This is Economic Projections pointed to the long road back to normal. We had the s p 500 falling half a percent. Finishing lobar display chair powell suggesting the pandemic could inflict permit damage on the American Economy and despite the fact treasury secretary mission says the u. S. Definitely needs additional fiscal stimulus so we could see more measures from the u. S. Government. The nasdaq composite was higher by seven tencent 1 . A similar mixed picture we saw with tech stocks rallying. The nasdaq 100 climbing to a record high finishing above 10,000 for the first time. Take a look at what the dollar i
Morning, congressman and Ranking Member doug collins here to talk about all things mueller after yesterday. Ohio congressman house intelligence and weighs Means Committee member joining us and house energy and commerce manager debbie plus tennessee congressman and Committee Member is here on israel boycott bill, and c op of Raymond James paul riley on company fernings but ceo of ups will weigh in on earns and brotdzer economy. Dont miss a moment of it and top story this hour more than six hours on the hot seat yesterday former special counsel answering to lawmakers for first time leading dmets with little hope for impeachment mueller taking heated questions concerning the wording of his report and the conclusions. Watch. The president claimed your report found no obstruction and that exonerated him but that is not what your report said is it . Correct that is not what the reported said. Report did not include that he did not commit obstruction of justice is . Is that correct . Thats co