Treatments it will be one of the jitters. Add them to many in the markets here. All in all taking it relative stride. I say relative stride. Again the Administration Front and center today, getting idea, talking to Economic Club members from around the country what the president thinks is going on to the economy. He is the best bet for the economy. Teasing a middle income tax cut as well if he were to get reelected. Fallout from the comments. The president s busy Campaign Schedule with blake burman from the white house. Hey, blake. Reporter i feel like there is a news burst leading up to the minutes of this show. That is certainly the case. Let me walk you through in and around washington the last half hour. Treasury secretary Steve Mnuchin speaking right now. He echoed a lot of comments, similar comments that Mitch Mcconnell and nancy pelosi made in the most recent days. The treasury secretary saying as it relates to a possible covid relief package it would be tough to get done before
The candidates key messages. Stocks finding strong footing after a recordshattering Third Quarter u. S. Gdp report and word that Speaker Nancy Pelosi and treasury secretary Steven Mnuchin still have the stimulus lines of communication open. But the major indices are still far from recouping this weeks losses so far. The dow at the moment up 270. That is a 600 point swing from peak to trough and back up again. The nasdaq up 234. Could all of this change either up or down in an hour, when americas tech titans report earnings . The three tech ceos who faced congress yesterday face shareholders today. Our tech panel with what to watch ahead for facebook, twitter, google, apple and amazons Quarterly Reports. As the coronavirus cases spike, we have the chipotle ceo on how his restaurant chain is preparing for the second wave. Plus, when are quesadillas coming back on the takeout menu . Can we get to that . Hes coming up in a fox business exclusive. Weve got this. Investors are waiting with b
They can make a package that would be acceptable, that is to the treasury secretary Steve Mnuchin and nancy pelosi. There is just one problem, whatever they come up would presumably not be acceptable to the Republican Senate or Mitch Mcconnell has said, whatever theyre contemplate something way too expensive no matter what the president says. Chad pergram with the very latest hey, chad. Reporter hey there. This is a monumental challenge. Keep in mind that House Speaker nancy pelosi and secretary of treasury Steve Mnuchin have been talking more than 90 days trying to get the next round of Coronavirus Relief done. The problem they cannot come up with the right cocktail to get something across the finish line, the right vote cocktail that has the proper number of votes in both the house and the United States senate. This is why Senate Majority leader Mitch Mcconnell has cobbled together a slim 500 bill dollar bill. It will probably be filibustered by democrats tomorrow. Keep in mind the p
Facebook, twitter set to report quarterly results. More importantly get a little bit of a sense for the out look of what is a uncertain future. Well hear from some of the biggest names in american business. So lets get to it. Fox Business Team coverage. Lauren simonetti and susan li are standing by. Edward lawrence on the recordsetting Economic Growth i mentioned. Edward in washington. First we have the panel, lance ulanoff, geir i hry b. Smith gary b. Smith, scott, an erin gibbs joins us from gibbs wealth management. It will be a fun hour to go through all of this. Amazon is the big one. Amazons numbers are just coming out. In the Third Quarter, amazon already reported 96. 1 billion in sales in a quarter. That is comfortably above the analyst estimates. They were supposed to be up 32 1 2 it were around they blew through that, looks like. With a net profit of 6 billion. On the eps side, well get back to it in a moment. Comparable to analyst estimates. Then to lauren, probably, scott ma
Parler is alternative media site for those who feel the other big boys are blocking them and making life very difficult. His take on the attack line of the some of the biggest social media concerns in the country. How he diffentiates himself. Jon taffer, bar rescue fame. Had a interview with the president of the United States. The president making it very clear, that he is concerned about the same things john is. Take a look. Are you looking at another round of ppp . President trump yes. What type of provisions what type of time period are you looking for in that . President trump we did two rounds plus. They are very powerful, very strong. It worked out good but nancy pelosi is just tapping everyone along. Neil all right. The ball is not really moving forward on the stimulus stuff. If youre expecting it right now, the latest musings out of nancy pelosi, well she thinks joe biden will get elected next tuesday. Meantime we had a very, very strong Third Quarter gdp report, beat the estim