Comptroller of the currency, the Senate Banking Committee Received a 6month update on the state of Banking Systems, the impact of covid19 and support for Small Business owners in communities of color. This runs an hour and 45 minutes. Today we welcome to this virtually hearing the federal prudential regulators, Federal Reserve vice chairman Randal Quaries, office of the comptroller, brian brooks, chairman of yellen and mcwilliams, chairman of the National Credit administration rodney hood. We will receive testimony from each agency on efforts, activities, objectives and plans since we last testified before the committee. As well as an update on covid19 related actions. Since the passage of the coronavirus a relief and Economic Security act or cares act your agencies have taken many meaningful steps to ameliorate the Economic Impact of the pandemic as you provide conditions that will lead to a forceful recovery. On october 30th the Federal Reserve announced changes to its facility inclu
Test, how will this impact our sunday football . Surging covid cases across the country overwhelming hospitals. Theyre exhausted we have been going at this for nine months now. The struggling front line workers and the people most at risk live from cnbc Global Headquarters the facts, the truth, the news with Shepard Smith. And good evening, we begin tonight with hope, a Silver Lining even, as another wave of covid sweeps across our nation in big business and small brace for the fallout. There is a new and promising sign for our economy as we head into the weekend the numbers are in, and they show americans are spending. Retail sales up sharply last month. We just got the numbers today. More than doubling the expectations shoppers spending big on clothes and accessories, up 11 . Music and book sales jumped 6 car sales up 3 1 2 . Thats all good, and now the big test Small Businesses and Big Box Stores are heading into a make or break Holiday Season with the virus bearing down now and no
Football surging covid cases across the country overwhelming hospitals. Theyre exhausted weve been going at this for nine months now. The struggling frontline workers and the people most at risk live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. And good evening. We begin tonight with hope, a Silver Lining even as another wave of covid sweeps across our nation and big business and small brace for the fallout. There is a new and promising sign for our economy as we head into the weekend the numbers are in, and they show americans are spending. Retail sales up sharply last month. We just got the numbers today. More than doubling the expectations shoppers spending big on clothes and accessories, up 11 . Music and book sales jumped nearly 6 . Car sales up more than 3. 5 . Thats all good. And now the big test Small Businesses and Big Box Stores are heading into a make or break Holiday Season, with the virus bare bearing down now and no relief from washing
How will this affect our sunday football weve been going at this for nine months now. The struggling front line workers and the people most at risk from cnbc Global Headquarters the facts, the truth, the news with Shepard Smith. And good evening, we begin good evening we begin with hope, a Silver Lining even, as another wave sweeps across our nation theres a new and promising sign for our economy as we head into the weekply last month. We just got the numbers today. More than doubling the expectations shoppers spending big on clothes and access we got the numbers clothing up 11 . Book sales up 5 and car sales up 3. 5 . Now, the real test Small Businesses and big box scores are in a makeorbreak season cnbcs kate rogers are looking at how Small Businesses are tray trying to survive. Kenya owns a vegan and care company thats i kenya joseph are seeing a boost in Consumer Spending firsthand joseph owns perfect blue alchemy, an organic and vegan fragrance and personal care that retails local
Its time to risk less to make more options action starts now. Lets get right to it. After a volatile day of trading, the dow, s p and nasdaq all managing to close the day in the green, despite the move higher all three major indices posting their worst week since march much of todays trading activity came in response to the retail Sales Numbers down more than 16 in april thats nearly double the decline of marchs retail numbers. So, mike, with all of this volatility in stocks, what were you seeing in the options pit . Yeah. So this is a very interesting situation we have here normally, in my professional experience anyway, when we have these types of periods like the one that weve been going through we have basically some form of a market crisis. We see elevated volatility and we see elevated and implied volatility and we reached some sort of a zenith and then it starts to fall off and you take about 90 days or so and you see what the market is implying and normally in this situation, i