And hollywood welcomes the new billionaire as tyler perry joins that club. It is september 2, 2020. You are wauctching Worldwide Exchange on cnbc. Good morning and welcome. Here is how your money and markets are setting your day up. Opening higher by 212 points, weve seen upside momentum in about a half hour. S p implied higher by 30 points and nasdaq by 156. That bull run continues for u. S. Stocks this is all after the markets kicked off september led by a high note and what else, technology stocks. The dow adding 214 points. Now 3 off its record high that number 29,568 you can see now, 28,645 is where the market closed. The s p 500 hitting a new alltime high. The gain is about three quarters of one percent the best day since 2010. Also hitting another alltime high, the nasdaq moving closer to that 12,000 mark you can see 11,939 is where we closed yesterday looking at the bond market 10year yields around. 69 twoyear note yields. 137 and 30year at 1. 378 . Going to Julianna Tatelbaum
Likely to hit around 15 . This morning, the private sector reports the loss of 20,236,000 jobs just in april. Reopening the economy is designed to try to bring back some or most of those jobs. So here we are. With all the bad Economic News breaking around us, what does the market do . Well, it rallies. For the third day in a row, the market opens higher. This is a bet on the recovery and a bet on the federal reserve, which is putting at least 4 trillion into the economy, and the treasury which is putting in over 3 trillion. Thats called stimulus. Investors appear to like it. The dow is going to be up about 140 points. Nice gain there. The s p up 15, nasdaq up about, what, 58, 60. Look at this. Oil, 23 a barrel. Thats where it is now. Earlier, it had been at 25. There has been a dramatic fall in supply and a hopedfor pickup in demand as some states start opening up their economies. So thats why we are in the mid 20s for the price of oil. But you can say goodbye to the gas price decline.
Today to discuss employee morale at the department of Homeland Security. Concerns about morale transcend party, nearly eight years ago my republican colleagues on this Committee Held a hearing on the same subject. Today, the subject of the hearing coincided with a recently released best places to work in the government rankings released by the partnership for public service. Unfortunately, the results indicate a strong need for improvement. This, year as has been the case since 2012, the dhs ranked last out of all large federal agencies. They also rank last out of the seven National Security agencies. I am particularly concerned by the fact that after a few years of minor improvements and government raul, in 2019, employee morale at the dhs decreased again. Given the Critical Mission of the department, i fear the consequences should the department not take urgent. And drastic action to improve employee morale, well have greater challenge to face. I also worry about this environment aff
Today to discuss employee morale at the department of Homeland Security. Concerns about morale transcend party, nearly eight years ago my republican colleagues on this Committee Held a hearing on the same subject. Today, the subject of the hearing coincided with a recently released best places to work in the government rankings released by the partnership for public service. Unfortunately, the results indicate a strong need for improvement. This, year as has been the case since 2012, the dhs ranked last out of all large federal agencies. They also rank last out of the seven National Security agencies. I am particularly concerned by the fact that after a few years of minor improvements and government raul, in 2019, employee morale at the dhs decreased again. Given the Critical Mission of the department, i fear the consequences should the department not take urgent. And drastic action to improve employee morale, well have greater challenge to face. I also worry about this environment aff
Im recommending we will lever the last few minutes of the state of the state speech from idaho and remind you you can watch it online. Well take you now to capitol hill for a look at a recent report on low morale and Employee Satisfaction at the department of Homeland Security. Youre watching live coverage of this subcommittee hearing on cspan 3. Unfortunately, the results indicate a strong need for improvement. This here, as has been the case since 2012, dhs ranked last out of all large federal agencies. It also ranked last out of the 7 agencies. Im concerned by the fact after a few years of minor improvements in overall morale, in 2019 employee morale decreased again. Given the Critical Mission of the department, i fear the consequences should the department not take urgent and drastic action to improve employee morale, well have greater challenge to face. I also worry about this environment affects the well being of the more than 200,000 hard working dhs employees from Border Patrol