This bill extends that period to 24 weeks to allow. People to get their businesses back up and running indiana representative larry bush on supports the bill. Which also lets borrowers spend only 60 of the money on payroll down from the original 75 so i think its very important. We do this its based on feedback ever since the Paycheck Protection Program was created back in march is part of the cares act most lawmakers agree changes were needed there have been some shortcomings some unintended consequences ohio representative steve shadid was among those in favor of the changes passed today, this promotes greater flexibility for small businesses. To decide when its best to start spending their ppp loan but before Business Owners get that flexibility, the bill has to pass the senate which is working on its own version of similar legislation and its not clear when either measure will move forward, reporting in washington, im trevor shirley. Another 2. 1 million americans filed for unemplo
President trump says that he is defending a free speech with an executive order targeting social media companies. That move comes 2 days after twitter called to his tweets potentially misleading Caitlin Collins has the latest. It took the president more than 12 hours to acknowledge that the coronavirus death toll in the United States had surpassed 100,000. But this morning he marked the sad milestone on twitter and said to all the families and friends of those who have passed a want to extend my heartfelt sympathy and love so far trump has held no moment of silence or commemoration for the americans who have died. The White House Press secretary denies that hes been slow to publicly acknowledge the death toll, the president has said one death is too many on he takes this very seriously. House Speaker Nancy Pelosi called the 6 digit figure a scar on our nation. Has to be a stop to this. Today, trump so shared a tweet claiming that mask art about public health, but social control and tha
Hello and welcome to bbc news. The United States has officially withdrawn from an arms control pact with russia that dates back to the cold war. The intermediate range Nuclear Forces treaty was a landmark agreement at the time but now the us accusses russia of violating it which moscow denies. The fear is that without the restrictions a new arms race could get underway. The bbcs Diplomatic Correspondent James Landale has more. It was a crucial moment towards the ending of the cold war. The moment in 1987 when the leaders of the United States and soviet union signed the intermediate range Nuclear Forces treaty. They promised to destroy all their missiles with ranges between 300 miles and 3 00 miles. Eliminating at a stroke an entire class of Nuclear Weapons. The mobile ground launched Nuclear Weapons were hard to detect and could strike anywhere in europe within minutes. But in recent years, russia has begun testing and deploying a new Cruise Missile which the us says breaches the inf t
Hello and welcome to bbc news. The United States has officially withdrawn from an arms control pact with russia that dates back to the cold war. The intermediate range Nuclear Forces treaty was a landmark agreement at the time but now the us accusses russia of violating it accuses russia of violating it, which moscow denies. The fear is that without the restrictions a new arms race could get underway. The bbcs Diplomatic Correspondent James Landale has more. It was a crucial moment towards the ending of the cold war. The moment in 1987 when the leaders of the United States and soviet union signed the intermediate range Nuclear Forces treaty. A promise to destroy all their missiles with ranges between 300 miles and 31100 miles. Eliminating at a stroke and entire class of Nuclear Weapons. The mobile ground launched Nuclear Weapons were hard to detect and could strike anywhere in europe within minutes. But in recent years, russia has begun testing and deploying a new Cruise Missile which
Unreasonable. Ev price wars back on. Tesla cuts price on some models in china the American Consumer just continues to spend andnot just on the essentials. Latest figures from mastercard it is the latest on monday, august 14th, 2023 of t you are watching Worldwide Exchange here on cnbc good morning welcome to Worldwide Exchange. Im dominic chu in for frank holland. Lets check on the futures it is on the Positive Side of things dow implied higher by 33 points. S p implied higher 8 nasdaq is 46 points of the dow riesing in the last fou of five weeks. The tech sector has been stumbling. Nasdaq with the pullback of 4. 5 the worst stretch for the index going back to december of last year checking on the bond market. Yields in focus. 4 level in key. We are there for the 2year treasury or rather the 10year treasury the 2year treasury is 4. 9 . A bit of a pullback on the longer end 30year treasury is 4. 26 . In energy, oil prices are still a little high. 80 for u. S. Benchmark wti down. 50 . Si