Congress is negotiate its next round of Coronavirus Relief for the economy and weve seen a stunning move in oil crude was higher by 2 now down 9 as we await the final details out of the opec meeting. Energy sector now word on the s p. Yeah, been a real reversal there. Coming up on todays show, dan niles tweeting a warning about the rally. Hes going to join us with the risk he sees at these levels, plus, well speak with max levchin. Well ask what his micro loan customers are buying amid the shutdown and his read on the state of start ups right now lets focus on the big stories were watching today though. Steve liesman has detailes on te feds big moves and kayla is following the battle for more stimulus on capitol hill but steve, were going to go to you first to talk about the fed. Yeah, morgan, just quick moves the fed has announce nd the last hour. The its reduce uing the purchases of treasuries and mortgages. Treasuries down from 30 to 50 billion a day. Down to 15 from 25 apparently,
780 points s p also up 3. 4 the nasdaq up by 2. 5 . This morning, you do see some red arrows right now, the dow is down by 111 points the nasdaq down by 65 points jobless claims number that people will be watching so closely. Keeping an eye on trezy yields, it looked like the yell was trading at 3. 7 . Thank you, we have an update now and numbers. Confirmed cases in the United States is now more than 432,000. More than infections in italy, spain and germany combined new york state has 151,000 and 6,200 deaths Trump Administration is saying they are seeing real evidence that the measures being taken are working. A battle is brewing on capitol hill over new outbreak funding demanding 250 billion in new funding. House speaker and Senate Minority leader saying any new package would need to include more for additional money for hospitals, state and local governments. The senate is expected to bring competing measures to the floor today. Neither are expected to pass fed chair jay powell is s
Economy is looking good so the Federal Reserve has raised Interest Rates for the third time this year will the European Central bank show similar confidence in the euro zone. And took on cologne in the bundesliga but the underdogs proved feisty opponents will tell you who won in a match that could have been a stroll in the park but once. Hello im terry martin good to have you with us. Britains Prime Minister theresa may is heading to a summit in brussels today reeling from a parliamentary defeat over brags that she and the other twenty seven e. U. Leaders are expected to endorse a first stage deal on the terms of britains to bourse that was agreed last week but mays defeat at home could undermine her authority and peas in the u. K. Voted that Parliament Rather than just may and her cabinet must have the final say on any briggss agreement before the deadline in march twenty nine teen. This is the moment to reason mays way first said majority was exposed lead the ice to the right three h
A look at the cost of this week on d w. They make a commitment. They find solutions. For. Africa the most. Stories of both people making a difference shaping their nation. And their continent. Has new multimedia series for africa. Dot com africa on the move. Now to. The Federal Reserve says the u. S. Economy is on a solid ground raising Interest Rates for the third time this year the European Central bank. In the euro zone recovery its final big meeting. And in seoul that austrian ally neatly ceases operations today potentially stranding passengers and cuts off the lufthansa drops its bid to take every advantage in subsidiary of the e. U. Cartel concerns. This is your Business Update im having a home free in berlin thanks for joining me in the United States the fed pushed the benchmark Interest Rate to between one point two five and one point five the said is the third time that the fed chair janet yellen has raised Interest Rates this year in the move is being seen as a vote of confid
Government socialize but questions are being noticed about what happened to the top secret condo. Charon in the studio with more details well the intriguing or mysterious thing about this is that the head of the launch and during it and the media there were so many stories about the top secret Spy Satellite which belongs to the u. S. Government being launched by a mosque space six company it was called zoom but now almost two days after the launch everyone is pretty much in the dark about its fate sunday nights launch was lifestream to body space six but only until a certain state issued. We have had successful liftoff of falcon nine carrying. Though then the satellites deployment into orbit wasnt shown or reported on at all now if the mission is so secrecy it isnt any fad at some stage is all to live stream but based sense it well on the one hand it is true and we know that the usual practice for this kind of limited access to the stream is like that for missions of that secretive nat