Steeper decline. We will have the first numbers. First contraction in 6 years and also hearing from Federal Reserve jay powell later today. Also another big day for earnings, boeing is in focus this morning, wall street journal reporting reporting thae aircraft maker is facing criminal probe into Quality Control issues on still grounded 737 max fleet. The company also reported looking to raise capital to major bond sale. On tap before the bell this morning, General Electric is out with its earnings along with master card and ensurers anthem and humana, after the numbers attention to microsoft, facebook, tesla, markets are higher, take a look at futures, gain at the start of trading, dow futures right now showing a gain of 180 points, three quarters of 1 . S p is up 25 and nasdaq higher by 93. This after the dow, nasdaq and the s p 500 erased early gains yesterday to actually end lower. Dow industrials were down 32 points at 4 00 oclock on wall street yesterday and nasdaq down 122 and s
Claims at 8 30 a. M. Eastern time. Economists are expecting 3. 5 million jobless claims falling record 3. 2 the following week. We will bring you those numbers and jobs number coming out tomorrow. We are expecting a firm e tone with Dow Jones Industrial average up 332 and s p by 72. Take a look at the numbers. Dow industrials down 973 points at the close yesterday. S p 500 down 114. President trump is considering grounding domestic flights between hot spots to try and contain the spread of the virus and boeing to send early retirement as the virus takes a toll on the aircraft industry, its 73 max fleet remains grounded. Coronavirus impacting the 2020 race. Former Vice President joe biden calling for the Democratic Convention to be pushed from midjuly into august. This as pandemic could lead to virtual election. Long lines at Grocery Stores. What you should be getting right now and how to store it and what measures can be taken to make sure takeout orders are safe. We are getting answer
Doubling the amount of money it has set aside this year. And this is how european markets have started their day. Well dive into these numbers in the next few minutes. And well be getting the inside track on excercising at home do you really need to go out to the gym, when you can do it all from the comfort of home . Theres an app for that. Today we want to know do really you need to spend pounds or dollars or euros to shed pounds at the gym . Is a run around or lifting weights at home better and cheaper . Let us know just use the hashtag bbcbizlive hello and welcome. Thanks forjoining us on business live. We start with the cost of borrowing because the worlds most powerful central bank the Us Federal Reserve has cut Interest Rates for the First Time Since the financial crisis more than a decade ago. Time since the financial crisis more the move disappointed Financial Markets not to mention President Trump. They wanted a bigger cut or at least a clear signal that more are to come. But
The horizon with energy experts. Plus, the drop in crude could be seeping into the Banking System of our neighbor to the north. The royal bank of canadas ceo joins us in a cnbc exclusive on the back of his companys earnings. Also ahead how much of what we see in the rally is the result of the fed trying to calm market volatility. Were live in jackson hole with the latest headlines. Dont forget, of course, the new york fed president , importantly, spoke today. He did. And markets are reacting. Lets get to full Team Coverage of these markets. Bob pisani tracking the moves here at the stock exchange. Courtney reagan over at the nasdaq. How do you feel going into the close today . Better than yesterday. I want to show you the dow. At this time yesterday, we were fading going into 3 00. That is not the case right now. Dow jones industrial average is essentially almost at the highs for the day. I think 16,100 right off the open. Were essentially there back to the highs for the day. The marke
This is not stop and frisk. My proposal restricts searches solely to the living quarters of individuals convicted of violent crimes. Reporter the mayor had plenty of supporters. I heard her loud and clear and were going to work with the mayor to get a good Crime Reduction plan to move forward. They didnt hear the agenda. They didnt hear the plan. They just wanted to make noise and get attention. I got to come across any citizen of this city, any washingtonian that says its okay to commit murder. Reporter the mayor spoke here in a vacant school in ward 8. She wants to turn it into a Community Center, a kind of physical manifestation of the investment she is promising to make here, but it is far from clear that that message is getting out. In southeast d. C. Bruce leshan, wusa9. And our police chief says its been eight years since shes used overtime to put more officers on the street, but she says shes using it now because she says citizens have asked her to do it. The shocking on air sh