Jonathan of course, by all means, go on. Dir. Kudlow you had a sermon jonathan with all respect, that was not a sermon. Dir. Kudlow there are other ways to do with these problems. Throwing money at them is not the only answer. You have to create Economic Growth and incentive. We are willing to spend money. Thats not the point. The president has endorsed another round of direct mail checks. He has endorsed that. He has also endorsed continued unemployment assistance. The question is, what is the overall policy to make sure that it makes sense that there are incentives to go back to work . We have a very fullfledged plan to do exactly that. We want to reward people and the businesses they work for to go back to work. We will extend the tpt. That is part of our package. Im not going to negotiate, but that is in the mix. We have retention credit for new jobs, we have benefits for reemployment. We should give existing workers a tremendous boost to income. Even in five months it will be 1200
A poorly placed arrow on my part. That hopefully is placed on the shoulder. Well get updates. Back to you. All right. Breaking news and new overnight, a triple shooting at a san jose motel. This happened a little before 1 00 this morning at the allura inn. Our crew at the scene tells us officers cleared the area within the last 20, 40 minutes or so. Police say none of the people shot suffered life threatening injury. The shooter or shooters remain atlarge. This morning we focus on High School Seniors finding themselves in a unique position. For those in the class of 2020 interested in Higher Education the pandemic may have them exploring other options, maybe even taking a gap year. Today in the bays jackie ward has more from a College Counselor to help out with the pros and cons of making this decision and this is something weve seen more kids do, even prepandemic. Reporter thats right, marcus. Good morning to you. So lee, a consult at at Bay Area College consulting says that more than
Row. Weve got fox Business Team coverage. Blake burman at the white house. Hillary vaughn and Edward Lawrence in washington. Well start with blake. The latest on reaching a deal for covid19 relief. Blake. Reporter hi, jackie. Every afternoon around this time we say there is another big meeting up on capitol hill. Let me start by saying there is another big meeting up on capitol hill. Treasury secretary steve mnuchin, white house chief of staff mark meadows are negotiating with the top two democrats Chuck Schumer and nancy pelosi. Walking into the meeting mnuchin and meadows were quote, unquote, hopeful. According to sources im told during yesterdays meeting, those two, mnuchin and meadows impressed upon schumer and pelosi if there is not significant progress in the upcoming days, that could increase the possibility that President Trump would go ahead and use executive action. That is why one source described the meeting that is taking place up on the hill right now as quote, unquote, b
Take a look at where we are trading about four hours of ahead of these earnings. Nasdaq going positive ahead of that print lots going on today. You have the trump tweet casting doubt about holding the election theres your market pricture lets kick it around nasdaq turns positive. Kramer thinking the stocks are set up for fall after the bell because they have run so much and yet you buy the cues into the print. Tell me why. Well, i bought the qs when the market was down because the market was down today based upon statements that came out from meadows saying they we are made far apart on a deal. Yet, you have some great earnings come out from the Tech Companies and qualcomm corevo. U. P. S. Also talking on the consumer side. I thought that the market was over sold. I bought the qs. I already sold out half of the trading position ill hold onto those a little longer ive got positions in every company reporting tonight. My exposure to nasdaq is long enough what jim points out its is path o
The president cant do that. On top of that you have a null gdp report that everyone envisioned. Claims are stubbornly high. That is weighing on investors right now. Spiking case, worldwide whackamole, no sooner control in one country than pops up in another. Germany, the posterchild how you handle a virus is reporting spikes in cases as well. Doesnt seem to be matter if youre welldisciplined on this, it is still a major concern. Right now cases are popping up and deaths increasing at the rate of one every minute across the globe. So well be following all of that. Also following a lot of developments on capitol hill. True to our name, coast to coast. Were watching in washington, d. C. , scramblings and moving as fast as we can getting a stimulus going, as far as dollar amounts. Republican plan. A trillion dollars, still generous but not as generous as the democrats 3 trillion out of the house. Well monitor. That well monitor what is going on in portland and also what happened in Cape Ca