Start with fox Business Team coverage of all of her top stories, Ashley Webster in new york, Hillary Vaughn on capitol hill where they debated the bill today and hillary we start with you, they passed it but not without drama. Reporter lawmakers had to make a mad to d. C. Overnight to make sure they had enough members so if anyone on the house for today try to challenge and call for a roll call vote or quorum that is an essentially an attendance tally to make sure the attendance did not fail. Most lawmakers were social distancing yesterday at home in their own districts, a lot of them took pictures and posted them on twitter on their travels on empty planes on the way here and some decided to drive out of safety from several states away. One congressman in South Carolina undersell quarantine experience some symptoms of coronavirus including loss of taste and loss of smell and today he could not make the trip after his test results came in. Because of the mild symptoms, i was tested yes
Mind of San Francisco mayor london breed, and not in a good way. No. You may recall last week we saw crowded beaches and parks as people got outside, perhaps a little bit too far from home. Both the mayor and Governor Newsom scolded californians for not practicing social distancing and for crowding parking lots at parks instead of just walking to their neighborhood park. Breed made it very clear there will be consequences if the behavior doesnt change this weekend. Last thing we want to do, as i said, is to start to close the last bit of fresh air that were able to get during this very difficult time. So parks we know are essential, and i know other places have chosen to just close parks and other places down. We dont want to get to that place, but if we see more people playing in basketball courts, if we see more people playing volleyball with one another and baseball and some of the sports that are more teamrelated, we will have no other choice. A lot of parking lots will be closed t
Whole foods having a sickout today. Are they the new american heroes. Media went after him after his white house speech, all that and so much more on making money. Charles so it has been a mixed session on the street. We erased early losses, uplifting thoughts from dr. Fauci, social distancing and march Consumer Confidence report, much better than anticipated. Later on it was a news conference, Governor Cuomo and other governors out there giving us sober reminders of the current circumstances. So how should investors approach this market . Joining me now, Katherine Rooney vera along with Devine Capital ceo, dani hughes. Kathryn, let me start with you. You could argue if the dow is off 1000, even 2000 points it, might not be a big deal all things considered. So in a way it is a moral victory but how do you navigate these new waters . Well, charles, no one can price the bottom, thats impossible, so those who divine that they can it is just an i impossibility. I have been telling my clien
Day where we can see some real progress. Charles what this means for businesses coming up, what this means for businessing coming up. Plus as more may be needed, a man whose devotion to the constitution sparked a uproar on friday. Kentucky congressman Thomas Massie will be one of my favorite guests today. Food network host guy fieri joins us spores forces with other Celebrity Chefs to create a relief fund for restaurant workers across the country. He will join me at the government of the hour. All that and much more on making money. Charles briefly exited bear market territory. The s p, nasdaq however, remain more than 20 off their alltime highs. Not all bear markets, folks, are the same. In fact according to Goldman Sachs there are three types of bear markets. You have got structural, the ones with the most devastating downsize. Theyre caused by financial imbalances. You have cyclical. These correspond with normal slowing economic cycles. Then event driven. Event driven bear markets a
Steve joining us on newsmakers is republican congressman greg walden. Here in the studio is bob q sack, editor in chief of the hill newspaper. I want to begin with fridays boat and the procedure move from congressman massey. A number of colleagues are upset they had to make a trip back to washington to force the vote. What were you hearing . Rep. Walden it was unfortunate, unfair and unnecessary. We all get a voting card. We have a right to privileges on the house floor. It was just not necessary at all. We have the votes. We have a quorum in the house, as was easily identified and removed on. In the end it did not have a delay in effect but it did discomfort some members. We are 435 we are down a couple of members. There are a lot of members that illnesses and are dealing with things that make them more vulnerable to the virus. I dont know. It was a waste. It was unfortunate. Steve did the move put members at a health risk . Rep. Walden i think it did. Otherwise members would have sta