Markets are crumbling. We do have crude down 2. 70, down about 6. 7 . We have the new demand worries triggered by china tensions and the lingering pandemic, put in with all the markets. Here we go with followthrough. The dow right now down 566. We have the s p lower by 83. The nasdaq down 396. Our floor show traders, including jpmorgans david kelly, are getting in front of the cameras. They will have instant reaction. From northwestern to northeastern to west virginia, colleges are grappling with Coronavirus Closures and suspensions. The ceo of the nations leading directtostudent Digital Learning platform thinks higher ed, ready for this, is in a bubble and maybe the pandemic is about to pop it. Hes here in a fox business exclusive. Plus Jillian Michaels, one of the biggest names in fitness, is rolling out a new workout from home app as gyms struggle to reopen after the pandemic. Shes here to whip us into shape. We will get you the latest numbers from peloton. Gms stock electrified as
By president bush. Have a listen. Always prepared, never haas been a country more prepared. I spent, i spent 1 1 2 trillion dollars. Were spending another 738 billion now. I spent 1 1 2 trillion dollars rebuilding our military. Obviously china is a threat to the world in a sense because theyre building a military faster than anybody. And frankly theyre using u. S. Money. Neil all right. So the president linking these two developments. Keeping an eye on both, iran and china, two very Different Cases to say it mildly, the target of iran is its central bank. Iran is all about black markets. Doesnt deal traditional fashion shipping out money. The central bank, trying to freeze assets coming in and out of there, the flow of funds there, might do that in the sort of the official diplomatic way but the fact of the matter, iran is notorious for finding endruns around that, working with other countries that help them find endruns around that. Well get the sense what this means with former trump
The far left, over green adding his voice to the hysteria. He said deregulation of tax cuts gave us the last crash and we can afford to let it happen again. Hes the guy whos spending millions on his hopedfor impeachment for President Trump. Here comes the day of rage in the middle east because President Trump wants to recognize jerusalem as the capital of israel. Jordan, saudi arabia, turkey, they dont like this. The pope doesnt like it either. He favors the status quo to avoid violence. Here he comes, another big day, jampacked show. Varney company is about to begin. Suchs look at this. Developing stories. Posing a major threat. 2000 homes curfews in place. Interesting stat database. I have a number here. Think about that. By some estimates that would burn through new yorks central park in 15 minutes. You know how big central park is from bottom to top. That goes through 15 minutes. I down the mountains. No moisture in the air. Battle in again today. Stuart thank you, ashley. House ma
Developments and the likely tax package everyone put the proverbial john hancock on this except the man who counts the most, the president of the United States. The companies are putting the money to work before its in their hot little hands, you heard a lot about that. So is connell mcshane, doing reporting on this and from the folks at wells fargo, planning big things. Reporter thats one of the Companies Making a big move. The bill hasnt been signed into law yet and have a number of Companies Looking to share the wealth. A small sample up on the screen, there have been more that announced but you talk about at t, boeing, comcast, southwest and were outside of wells fargo location here in new york. Theyve all made some sort of announcement what they hope do with the savings that they will have. Theyre not all equal, want to talk about the banks, if you looked at industry, especially the banks that have big operations domestically, wells fargo is an example of that. They pay a relative
Nation. People who as the president says believe in the beautiful words, made in the usa. In addition to the 14 workers the president hosted in the oval office during todays proclamation signing, more than half a Million People around the country are participating in thousands of events related to manufacturing day. Among them will be numerous members of the president s cabinet and other senior officials. Our tax plan would lead to a Great American manufacturing boom. We will cut taxes on american manufacturers and businesses of all sizes and restore their Competitive Edge so they can create more jobs and higher wages for our workers. Our plan will encourage them to bring back trillions of dollars parked overseas. The president will be back out on the road next week Building Support for this plan which is really a jobs bill. Hell be visiting hamburg, pennsylvania wednesday and well have more details on that trip coming soon. And with that, well kick off friday with questions and well s