Just as pharmacies are allowed to do. Mayor london breed. A notice today for the parents of some six million children in california. Their Childs School may stay closed for months. I would plan and assume that its unlikely that many of these schools, few, if any, will open before the summer break. In a briefing that wrapped up just minutes ago, governor gavin newsom also said the coronavirus death toll is rising. When asked about possibly calling up the National Guard, the governor says, quote, were leaning in that direction. The National Guard i have called up. We have asked the National Guard to work with us on logistics, mutual aid. Its not just the National Guard. Its chp and others to begin to regionalize strategize solutions and address what we do often in emergencies. The governor also signed emergency legislation, allocating up to 1 billion in fu funding to help fight the coronavirus and to provide money to increase hospital beds, protect medical centers and assist the homeless
Yet to return to base for. Al jazeera live from my headquarters in doha with me it is a problem also ahead the United States and russia agree on how to end the fighting in syria. They almost canada eleven pacific rim countries agree on the basis of a free trade deal and breaking records chinas Online Shopping spree shows no sign of slowing down. Lebanons president is demanding an explanation from saudi Arabia Michel Aoun wants to know whats preventing promised to solve her d. D. From returning to beirut its been a week since her d. D. Appeared on a cell these fashion channel and announced his resignation but its not. Being accepted not unless he delivers it on lebanese soil well the u. S. Has joined calls for him to return home and the un too is calling for stability in lebanon one of the regional powers against using the country for proxy conflicts and lebanon to Political Parties and factions have asked for the return of the Prime Minister his own party says it hasnt heard from him s
The fed decision is coming today. A decision that has already been made by this point. Right. Any visurprises today . The market is discounted fully. The real issue is what the chair says in her press conference. It will either be a nonissue because its already discounted or whatever she says in terms of the future path and the key operative words are slow and gradual. Do they change from that or not . Well see. If you are sitting in the room today or you have been advising or around the table over the last several days, put into context what the trump rally means to that conversation. Thats a great question because weve seen rates come up. It started after brexit. Remember, the tenyear treasury was at 136. 6. Thats the lowest since hamilton. Not the musical. The real guy. The british rate. Things started to rise. It was at 188 before the election. Im talking about the tenyear treasury, and now its up bobbing its head. Whats interesting is that weve seen equities rise against that back
Price hike spreads but thats not the whole story. Mylan raised prices more than 100 for 7 products over the last 6 months. Those details also coming up. Cash burn isnt always a bad thing. Well talk to the man known as the dean of valuation about which stocks with negative cash flow he says could be good investment opportunities. Aswath damodaran coming up. Nasdaq and s p could be in record territory dow. Bertha coombs, whens happening . You know, kelly, this is like the Rodney Dangerfield market. Nobody gives it much respect yet the nasdaq continues to grind to new highs and seeing some of the small caps catching up to the big cap indices. Russell 2000 within 3 5 of the alltime high set 13 months ago and this is a big laggard and momentum continues to be in big tech. Chips seeing a new 16year high. Dating back to october 2000. Broadcom among the chip stocks today at record highs. The sector up 16 since the start of july and a big comeback before brexit. Big cap seeing more momentum. So
Hillary continuing email scandal and is the epipen ceo the new pharma row . The latest face of corporate greed between the report says mylan executives jacked up prices of the lifesaving drug to line their own pockets, the ceo is here to talk about skyrocketing drug prices in a foxbusiness exclusive interview. Wall street the first trading day of what is usually the first trading month of the year, the nasdaq in the green ahead of the allimportant august jobs report. And florida is bracing for hermine and space xs explosive setback and a bitter war of words between two billionaire blowhards, donald trump and mark cuban. An hour to the closing bell, Cheryl Casone he in for liz claman. Ahead of tomorrow at highly anticipated jobs report the major averages next, the dow off the lows of the session. Down 11, the first trading day of the month of september. Waiting to see where market end the first day of the month, but gold did rebound to finish higher after a fall in us manufacturing. Als