Notches a record close. We are up 162 points, much more than we needed. The s p up 15 points. The nasdaq up by 41. We are looking good right now. We will take all of this up with our floor show guys. Also coming up in just a few moments, weve got Philadelphia Fed president and ceo Patrick Parker who will sit down with Edward Lawrence to discuss his historic vote to change the feds inflation policies. The cleanup from hurricane laura in full force across the gulf coast as Power Companies work to turn the juice back on for folks down there. We are going to go live to lake charles, louisiana to get an update. And the one company is helping some of the biggest corporations in the nation return to work from the coronavirus pandemic in a safe and touchless manner. We will introduce you to the ceo of envoy. This is a fox business exclusive. Coming up, less than an hour to the closing bell and im Cheryl Casone in for liz claman. Lets start the claman countdown. Cheryl well, forget apple. Forge
Battered by the covert 19 outbreak we take a deep dive into the fate of the industry with expert analysis with a packed show today so lets dive right in. And we lead the program with the latest jobs at this 6 in the United States now the u. S. Labor Department Said thursday initial jobless claims for the week ending the 15th of august came in just over one point 1000000. 00 analysts had expected a downward trend to continue after claims fell below 1000000. 00 for the 1st time in nearly 5 months the week prior now the Labor Department also reported that continuing claims which measure those receiving benefits for at least 2 weeks declined by more than 630000 leaving those still seeking benefits at just over 14800000 but well below the nearly 25000000 witnessed back in may prior to the release of these latest figures white house economic adviser larry kudlow told reporters wednesday the countrys economy is rebounding. Quote very very strongly adding that its on a selfsustaining recovery
Excellence i think thats the most important thing and theres a thats the essence of what we mean by Free Enterprise its supposed to be equal rules for everyone and that is not the situation today people making the point that facebook for instance have had more influence than than most governments but is there anything wrong with that why should governments have a monopoly on power. Thats such a fascinating question as governments become centralized in any fashion there is opportunities for collusion with with businesses that are succeeding at a certain level thats when we start having this stratified rule set the rule of law starts to break down in any country and once company can overtake and work with the politician is supposed to be protecting the public then you can get some you know problematic behavior thats unaccountable and then the rule of law breaks down again that wraps it up appreciate the company throughout the morning and early afternoon to stick with ulti if you can plen
World powers reject a us call to reimpose. Over the Nuclear Deal Washington quit 2 years ago. One minute past midday in lima 11 pm and 8 in the evening right here in moscow this friday august 21st welcome to international. Rallies kuntar protests are sweeping belarus for a 3rd day in the wake of the disputed election there throughout today friday large crowds have been gathering in support of president lukashenko in the countrys west r. T. C. Chorus down off reports. Right so whats the. City. Looks. The great. Me behind me excuse me you can see your guess is good when it comes to scale but. Theres definitely thousands of people maybe close to 10000 basically people who have to look to a number of messages. To be played out in public to a lot of people making a point the flag you can see how many better russian flags official by the russian flags just. Essentially. White and white the colors chosen by the opposition they resemble. During the 2nd world war. Because a lot of people in. Hi
A better bonus because that would actually force many that are sitting home doing nothing but theyre making more by sitting home doing nothing im not a big fan of all this debt theyre creating because at the end of the day it doesnt go anywhere tell people go back to work you can if you cant go to work i understand we can make arrangers but if your review we have a job and you go back to work then you should be back at work and give a tax holiday given that incentive to go back to the job version is saying well as i make it more sit at home why should i go to work and its interesting that you mention that payroll tax holiday because actually the trumpet mr. Mentioned specifically that that was not included in the package as of right now so why arent they moving that that way because i assume many in the administration agree with you on many of these provisions. Because the house will not approve it because again theyd hate to give trump after 3 and a half years of beating the crap out