Results for its vaccine, phase one trial in humans. Weve got a lot more on this coming up in just a moment. But this is a very positive development. When this was announced the stock rally that had already been in place gained a lot more ground. One more positive indicator for you. Thats the price of oil. We are back to 32 a barrel. We are driving again, we are emerging from a lockdown, demand for gas and oil up and up goes the price. Key indicator. Now, look at this weekend. All across the country, people were out and about, enjoying the weather and enjoying their freedom, too. There has been some relaxation of lockdown rules in 49 states. Connecticuts the lone holdout. They open up in just a few days. Bottom line, the economy is opening up and in most places, people feel willing to shop, eat out and socialize. Its hard to see how the authorities can reverse course and clamp down all over again. The genie is out of the bottle and the Moderna Vaccine news is the icing on the i can kcak
Disrupted the payment and claims process for providers. He apologized for the chaos resulting from the cyber attack. This is about two hours and 15 minutes. In 20 [inaudible conversations] [inaudible conversations] finance committee will come to order. This morning the finance committee examined the change healthcare hack that nearly brought our countrys Healthcare System to a standstill six weeks ago. Joining the committee is andrew witty, the ceo of Unitedhealth Group, which owns change healthcare. Ill put things in perspective. Last year, uhg generated 324 billion in revenue, making it the 5th Largest Company in the country. Overall, the company touches 152 million individuals across all lines of business, insurance, physician practice, home health, and pharmacy. With its profits, uhg has purchased dozens of other Health Care Companies and is the largest purchaser of physician practices. This corporation is a health care leviathan. I believe the bigger the company, the bigger the re
Ka Kathy Griffin and the trump hater who scott Steve Scalise and came close to a massacre of republicans. And they use obscenities to describe the president. Theres a sign that its hurting democrats. And there was a fourth republican win and trump hasnt lost one. Despite the talk of russia and spewing of hatred, the president has held steady for Approval Rating of 40 . Thats not great, but thats the back drop this morning. Varney company is about to begin. Frankly, i dont think theres any way this gets negotiated in two years, i think there will be remaining and lasting uncertainty in great britain, but in the u. S. I think its a huge buying opportunity, i would be looking for the great down stories in and i would get in with both feet. Stuart oh, yes, that was former Goldman Sachs partner, varney regular peter kernen, one year ago today, to get into the markets. The day of the british exit vote. Take a look since then. The major averages all of them up nicely with a good assist from t
Road rage. Most americans getting angry on the road but just how many. From the roads to the sky claiming delta colluded on checked bag air fee. What it could cost the Airline Coming up. Financials in focus. Jpmorgan and black rock set to report ahead of the opening. We will have the numbers for you. Investors wait to go get update and effect of low Interest Rates as well as britains vote to leave the eu. We have the head of ing with us this morning. Checking markets. Futures head to go rally, another record day on wall street yesterday. We are looking at a strong start today. Up almost 200 points right now according to futures on the Dow Jones Industrial average. It all started in europe. Take a look. Bank of england will announce Interest Rate decision, we will have the decision, it is Central Banks first meeting since the british vote to leave the eu. It is expected that we will see rates coming down for the first time in seven years. Overnight in asia mixed moves there as investors