Longterm Economic Trends that covid19 has only made worse. Correspondent Jill Schlesinger will report our cover story. Reporter coronavirus has put millions of people out of work and left millions more without even enough to eat. Meanwhile, billionaires Bank Accounts grow fatter. The pandemic has only laid bare inequities that have existed in our country for a long time. Now the question is what do we do. Reporter covid19 affects the debate over wealth and income inequity ahead on sunday. Pauley paris hilton is a celebrity whos name is known around the world, but the real person has largely been hidden from view, until now. Shell talk with tracy smith. Reporter just when you thought you had heard all there was to hear about paris hilton, she makes a movie about a time in her life she says was too dark to even tell her parents about. Why not tell them when you got out . I didnt think they would believe me. Because even talking about it now and hearing myself talk about it, it sounds imp
I did no due diligence. David how does it feel to get up in the morning and know that 330 million americans want to know the state of your health that day . David a few weeks ago, Reed Hastings surprised the corporate world when he said even though he was the ceo and founder of netflix, he would give up that position and become the coceo. I have been the coceo for a publicly traded company for a while. It can work and it did work for me but it is challenging to be the sole ceo and be the coceo. When you talk to Reed Hastings, you realize he does not have a big ego. He is willing to listen to other people. I think it will work and i think it is working. The company now, which went public in 2002, the market cap is up 86,000 . Stock is up 41,000 since then. Did you ever think it would become that big, that successful . Reed no, because then i would never have sold a share. You never know on that. Honestly, there has been a lot of luck along the way, too. Blockbuster could have wiped us o
Busiest in surveillance is maria tadeo in brussels. She is door stopping. You have done a lot of door stopping. How do you doorstop anxious politicians in brussels . Nejra you call out their name with a big smile, you hold out your mic, and you fire your questions as quickly and ferociously as you can. We certainly have seen that this morning. There has been so much optimism priced into the Recovery Fund in terms of european equities, but also the btb bun spread. Some investors say we have been here before in terms of brussels often taking its time to come to an agreement, so you might not necessarily see a lot of pessimism and markets next week if we dont get agreement straightaway. As investors say, it will come eventually. Tom i am an amateur here. In thes that mr. Rutte netherlands is front and center. Is that how you see it . Never echo yeah, as usual, when you go into these meetings, you may get the ascents that we may not get an agreement straightaway. There is a lot of work tha
33 points and nasdaq is up 92 and the s p is up 8 points. Yesterday the dow industrials snapping a 4session winning streak with decline of the session with 135 points and nasdaq down 76 and s p lower by 11. Warning on china that i reported here first, attorney general bill barr calling out American Companies for caving into the pressure from beijing. Bombshell allegation, 15 employees of the Washington Redskins said they were harassed for years. Mornings with maria is live right now. Maria in europe mixed moves, the ftse 100 is up 21 but cac quarante is down 15 and dax higher by 42. In asia overnight markets mostly higher with the exception of japan, nikkei average overnight down a third of a percent and the other fractionally moving across the board. Some of the top stories we are watching right now, John Hopkins University reporting over 77,000 new cases yesterday. 10,000 higher than the previous high. 969 deaths were also reported. Florida, South Carolina and texas all reporting the
Volatilityews will be the name of the game for the foreseeable future. Perhaps also low volume. I want to bring in Abigail Doolittle who has been following all the action, or lack thereof. Walk us through the theme of today. Abigail lack of action was the theme on this slow summer friday trading day. There was some fluctuating between gains and losses on the s p 500, the dow, and the nasdaq, but this is the first few the first time in quite a has been true,at but this is the first day in quite some time where it did not file shoot might drop or we did see a true bump. There is reason to think that could be ahead, but today, the s p 500 up, the nasdaq managing to pull out a gain it seemed like the nasdaq might put up its first two day decline, which would be the first time in two months. Part of that having to do with biotech. Goldman had constructive comments on modernity. On the week, the worst week going back since march, the nasdaq down on the week, the s p 500, the first time weve