Picture here. Dow jones industrials down 66, s p lower up, actually, by 5, the nasdaq is a bit higher, and stronger, up by 90 points. Its no wonder that traders are having a tough time deciding which direction to go, green or red. The Paycheck Protection Program just ran out of cash a few hours ago. Gone. Former ubs chairman robert wolf and round out savings bank ceo Sheryl Bowers weigh in on what happens to businesses at the back of the rescue fund line. What if they need the money still and whats going to happen to them . The number is staggering. 22 million americans now on the unemployment line as the workfromhome environment hits a major speed bump. The ceo of virtual headhunter upward is here on the new challenges of helping people find remote jobs as more and more companies let them loose. And the Hotel Industry was really among the first to be absolutely hammered by the coronavirus crisis. Strong leadership in troubled times is a premium but Remington Hotels just got a new ceo
Tilray, ceo irwin simon is coming up. Having a nice double digit increase this morning. Markets giving back mondays gains and then some on some concerns about china weakness and the macro, moodys drawing attention to some banks, worst day for the kre since may. The vix back we havent talked about the vix. Everything is selling off, except for health care, thats up 0. 50 thats thanks to names were seeing in names like eli lilly, potentially gamechanging studies on Heart Disease from the obesity drugs. Overall, carl, its a selloff kind of day, its broad. The focus continues to be on soft landing, no landing well get a key Inflation Report on thursday that will be definitive in trying to figure out what happens there on the policy front meantime, tenyear snuck back below 4 this morning. Were talking about growth now as opposed to inflation. Well see what cpi does to that conversation breaking data out of the new york fed Steve Liesman has that hey, steve. Good morning, carl. Some mixed da
On this black friday, were still here at post nine. Im Carl Quintanilla with melissa lee. Dow up 15 points a holidayshortened session today. Markets are going to close in an hours time and eventually we will get to kelly evans and bill evans for closing bell. All eyes on retailers as it is black friday. We saw strength in macys in particular and some curious weakness in shares of target which have been the real standout laggard, at least in the retail space. A lot going on, whether its retail, black friday or oil, by the way, which got close to 59 earlier and right now 58. 83. Busy week next week packed with powells confirmation, yellen testimony and then that opec meeting and even more reports today about a potential framework between at least russia and opec. Right, and you were mentioning some of the alltime highs in todays session, even though its quiet. The alltime highs are in fact notable. Amazon really being helped, of course, by black fridays strength here. Facebook is also an
This week global three thousand heads to argentina can city dwellers be enticed to move to the countryside. The Sri Lankan Hotel is determined to operate his business using cell late with a new level and edgy. But first we go to banda and che in indonesia where young people in particular on literally suffering the severity of the islamic rule of. Islamic or sharia law is often perceived as oppressive by the west and yet there are huge differences in how it seems forced even within muslim countries in fact it plays a dominant role in the Legal Systems of very few islamic communities and countries elsewhere its generally referred to for private affairs like marriage divorce cases of inheritance. On top of that there seems to be no single interpretation of sharia law its interpreted and implemented in different ways and those usually have more to do with local traditions than with any wills found in the quran. Flashlights eliminate the dark corners Sharia Police cars a patrolling the stre
Week three thousand heads to argentina come city to be enticed to move to the countryside. The Sri Lankan Hotel is determined to operate his business using cell late with new level and edgy. But first we go to banda aceh in indonesia where young people in particular on literally suffering the severity of the islamic. Islamic or sharia law is often perceived as oppressive by the west and yet there are huge differences in how it seems forced even within muslim countries in fact it plays a dominant role in the Legal Systems a very few islamic communities in countries elsewhere its generally referred to for private affairs like marriage divorce cases of inheritance. On top of that there seems to be no single interpretation of sharia law its interpreted and implemented in different ways and those usually have more to do with local traditions than with any rules found in the quran. Flashlights eliminate the dark corners Sharia Police cars are patrolling the streets of banned actually it walk