Its on fire again. 3. 8 gain yesterday can something similar, up to and half percent again today. Why the big rally . Leader mcconnell says there will be a stimulus package probably this year and that helps. Divided government means no big tax hikes or green new deal, that helps. The fed will most certainly keep printing, so check your 4o1k and a smile. Lets deal with the election, the president ial winner still in doubt. It will come down to four battleground states, pennsylvania, North Carolina, georgia, nevada. Its close in all four states in the trunk team will go to court to make sure only valid votes votes are counted and we expect an update on the count in nevada. That state may be called today. Watch las vegas, 11 30 a. M. , but from campaign may be filing a legal challenge there also. This is the place to be if you follow money on politics. Varney co. Is about to begin. Stuart i wanted something more upbeat and lively with the market rally to die for. We will try next hour. Th
Come friday, thats mayday, with spring weather, getting out of the house and back to work will surely take another step forward. Look at this. Investors love it. We know we are in the middle of a seriously shrinking economy but back to work means a way out of the mess. Top officials including the president and the treasury secretary expect a vigorous recovery later this year. And soon, we will see the Financial Statements from the allimportant big tech companies. Investors are expecting solid results and that, too, is helping the overall market. Heres the big negative of the day. The tumbling price of oil. We dropped to 10 a barrel. Now we are at 11. 87. At the moment, its not hurting the stock market, but the possibility of going back to a zero price or a negative price as we did two weeks ago, that is still on the table. Gas, yep, keeps on falling. Not quite quickly enough, maybe. 1. 76 is your National Average. Wisconsin still the cheapest. The average price today actually went up i
As part of a special bbc series exploring the challenges and the opportunities facing britains coastal towns. Hello, i am simon mccoy, here in penzance as part of a special bbc series looking at the challenges and opportunities facing britains coastal towns. New analysis from bbc news has shown that two thirds of coastal parliamentary constituencies have seen a real terms fall in wages since 2010. That means the average worker here in a seaside town like this is earning £1600 a year less than someone working inland. John kay has been to meet three generations of one family here in penzance to see what that means in practice. Just a mile from the beach, the treneere estate, one of the poorest parts of britain. The coram family wanted to show us how they get by. We survive, day by day. Dad mike is a full time security guard, and earns £18,000 per year. He is paid on a friday, and it is soon gone. By monday morning, i will be already into my overdraft. Thursday i could be asking my boss
Despite it all, were close to record highs. Free speech is in the news. Nba commissioner, he stood up to china. They wanted the Houston Rockets general manager fired after he tweeted support for the hong kong protesters. Adam silver told them were not going to do that. Free speech item number two. Facebooks Mark Zuckerberg, he says hes not going to Police Political speech, and hes not going to ban Donald Trumps tweets, as Kamala Harris demanded. Big deal. Big show. Youre going to hear what the president had to say at his big rally last night. The brits, well, theyre on the brink. The brexit vote is hours away. And alec baldwin slams the demonization of wealth. What . Varney company, the very special friday edition, is about to begin. After decades of economic surrender, i have taken historic action to confront chinas rampant trading abuses and weve made great progress and our relationship with china is fantastic. But now were taking in billions of dollars. Theyve had the worst year the
At demonstrators marching in defiance of a police ban. And now on bbc news, simon mccoy reports from the cornish port of penzance as part of a special bbc series exploring the challenges and opportunities facing britains coastal towns. Hello, i am simon mccoy, here in penzance as part of a special bbc series looking at the challenges and opportunities facing britains coastal towns. New analysis from bbc news has shown that two thirds of coastal parliamentary constituencies have seen a real terms fall in wages since 2010. That means the average worker here in a seaside town like this is earning £1600 a year less than someone working inland. John kay has been to meet three generations of one family here in penzance to see what that means in practice. Just a mile from the beach, the treneere estate, one of the poorest parts of britain. The coram family wanted to show us how they get by. We survive, day by day. Dad mike is a full time security guard, and earns £18,000 per year. He is pai