The markets. Ashley, first to you. Ashley well, guys as we say good riddance to september where all the major indexes posted a loss we embrace a new month but we havent come exactly flying out of the gates although green across the screen. The dow finishing slightly higher as you can see, about 1 10 of a percent after being down more than 100 points. S p up half a percent. But it was nasdaq showed the best performance of the new month up 1 1 2 . Like Charlie Brown with a rain cloud over his head investors are frustrated by congresss inability to agree on a new stimulus bill. With the markets going up and down with each competing headline from nancy pelosi and the treasury secretary and everybody else. As a result we saw stocks move for the most part today sideways in somewhat flat trading but as i mentioned the big tech stocks did manage to give the Broader Market some impetus. Amazon, microsoft, facebook, Alphabet Google all managed to make nice gains today which you can see gave the nasdaq a boost. Also keeping an eye on apple as well. The stock added what, nearly another dollar today. It is with sense, i say cents with a c valued to trillion dollars. Maybe that will happen tomorrow. By the way we have plenty of Economic Data today, even if it did little to move the exchanges. Initial jobless claims came in at 850,000, slightly her than the estimate as you can see. It brings the total number of jobless claims since the virus lockdown, 62. 7 million, about 39 of the labor force. We also got some slightly better than expected numbers on manufacturing pmi. That came in at 56. 4, beating the estimate of 55. 4 and of course do not forget tomorrow morning well be getting that big september jobs report. The estimate again is for right around 850,000 jobs were being created last month. We shall see as they say. Melissa, back to you. Melissa lots of news there, ashley. Thank you. Now to blake burman at the white house with the latest details on the stimulus talks the. Reporter certainly some news in washington today as nancy pelosi and Steve Mnuchin spoke earlier about a poe earnings covid relief package. Were told the phone call lasted about 50 minutes. The two were expected again at least one other time later today as well. Over here at the white house the Trump Administration has countered the democrats 2. 2 trillion plan with, by saying that they would support a 1. 6 trillion top line number. Earlier today press secretary Kayleigh Mcenany said that the Administration Takes issue with certain benefits that are provided to Illegal Immigrants in the democrats plan. We raised our offer, but when you lower your offer 2. 2 trillion, you ask for direct payments to Illegal Immigrants, you ask for certain deportation forgiveness in your offer, it is not a serious offer. What were talking about here is relief for the american people, for american citizens, not direct payments to Illegal Immigrants. Reporter that is the perspective from the white house. The speaker of the house though says that republicans are low balling what is needed for state and governments. Nancy pelosi called out a Real Estate Tax incentive that republicans support. Were looking at it from the standpoint after family making 20,000 a year, family of four. Theyre looking at it from the standpoint of 150 billion to the wealthiest people in our country. Thats why we not only have a dollars debate, we have a values debate. Still im optimistic. Reporter sew while pelosi and mnuchin continue to negotiate separately a vote is expected up on capitol hill tonight on democrats 2. 2 trillion man. Bottom line here, melissa, we should, we should potentially know in the upcoming hours how this all might shake out. Keep in mind while nancy pelosi talks about optimism and both sides are talking with one another still 1. 6 trillion,. 2 trillion, that is a 600 billiondollar gap that remains. Back to you. Melissa thats chump change. I could find it in the couch, blake. Thank you. Connell. Connell talk about the airlines who are watching this very, very closely. Major carriers furloughing thousands of employees today with their federal aid money running out. So we turn to Kristina Partsinevelos reporting live from Newark Airport in new jersey and joins us now with the details. Kristina. Reporter it is a devastating day for the Airline Industry. It is the first day that airlines can move ahead to start to furlough employees. When i say held off until september 30th when the billion dollar package expired. There is no deal on the plate right now. United as well as American Airlines furloughing roughly 32,000 employees. Like our own blake burman just reported you have the fact that House Speaker nancy pelosi, treasury secretary Steve Mnuchin, theyre trying to talk it out, theyre trying toe work through something but there is still no deal on the plate and that means American Airlines moving ahead, furloughing roughly 19,000 employees today. Then you had united also furloughing 13,000 employees today. With united putting out a statement, quote, we implore our elected leaders to reach a compromise. Get a deal done now and save jobs. The only, i guess, cant say it is good news, right now delta air liness theyre not folk to be furloughing employees at the moment. They wrote a statement, quote, thanks for the hard work, shared sacrifices and innovative thinking of our people delta will avoid involuntary furloughs for flight attendants and groundbased front line employees in the United States. Theyre working also very hard to avoid furloughs of 1700 pilots come november 1st. If were talking about the landscape, even if the airlines do get this money, you could see just right behind me, im in newark, International Section terminal b, there is not even 20 people behind me. The expectation for 2020, the predictions are a lot worse. That Airline Travel is going to drop 66 this year as a total compared to last year at this time. So it is a drastic change. American airlines and united ceo both said they are willing to bring back all of those thousands of furloughs and save those jobs if washington can only come to a bipartisan deal, 25 billion within the next few days. Here we are. Back to you. Connell the International Travel presumably taking longer to come back than the domestic side. Kristina, thank you, Kristina Partsinevelos. Melissa. Melissa here to react now is steve moore, freedomworks economist. So i mean the picture that kristina just painted behind her really, you know, begs the question about this government money. You know on one hand you dont want to seep employees furloughed. You want to see the government bridging the gap. On the other hand i dont know, if nobody is traveling what, and were sending all this money to the airlines to try to keep people employed, the real problem is that we need to get people traveling. Isnt that, maybe what we should be focused on . Yeah. We got to get the economy reopened. Weve got to overcome the fear factor, melissa that is really kind of paralyzed people and made them very reluctant toe fly. Ive flown a few times. You know the planes have been at least half empty, in some cases 2 3 empty but i want to go back to a point because ive been listen towing you know, what youve been reporting just in the last few minutes and i just think its too negative. For example, on the Unemployment Benefits numbers that came out today, melissa, the big story that i look at when i look at those numbers is that net one Million People, slightly less than a Million People dropped off of Unemployment Benefits. More people signed up but also more people dropped off than signed up. That is a very positive picture. It means well probably be on the highend on the jobs report that comes out tomorrow. Now another one melissa, by far the most important. The latest forecast that just came out yesterday for the gdp for the Third Quarter in the United States is 34 , 34, 35 . That is gigantic. Weve never seen anything like that before in the history of the United States any kind of number like that this economy is moving forward at a very, very rapid pace. I dont care look some Industries Like airlines are hurting. Some Industries Like restaurants that are hurting but the, they have kind of spirit of the American Economy is coming back more rapidly than anybody thought. That is why im going to say i dont believe we need another estimate us are. I just dont think it is necessary. Melissa okay. Let me ask you a few questions what you just said. When you talk about the number of people that have dropped off unemployment, that million number, do you know how many benefits ran out and how many dropped off because they found a job . That is good question, i dont know the answer to that but i do know this but one of the things that really turned around numbers, number of people collecting unemployment was something very smart donald trump did several weeks, several months ago that nancy pelosi 100 against. We dropped unemployment benefit level, those benefits from 600 to 300. You know what happened, melissa . Funny how this happens. That as soon as these benefits dropped, people went out got jobs. There are six million jobs open today, million. Six million. It is not as if there are no jobs out there. Sometimes people arent qualified for those jobs but were coming back at a very rapid pace and the idea that somehow all of this Government Spending is going to stimulate the economy, i just dont get it. Incidentally i just looked at numbers how much state and local revenues are down this year, theyre down by about estimated 200 billion. But, congress, and white house are talking about 250, 300, 400 billion for states and localities. It is way too much. Melissa no, no. Youre preaching to the choir on that one. Everybody who watches our show understands the math on that. That all of the you know these states begging for money and are broke dug this hole for themselves with high taxes before this ever started. They are begging for money to bail them out from the feds which no doubt they will just waste rather than you know, following what is really going on. The only thing that i would say too though, to challenge some of your, hang on, to challenge some of our original thoughts idea that people going back to work. People gone back so far, those were layups where you could get back to work quickly. Businesses that havent reopened and people who still havent gone back, those are the tougher ones. Those are the businesses that are maybe permanently closed and jobs have been permanently lost. So while it is better maybe than you think it is being painted it is still we have a rough road ahead. Give you the last word. Melissa, youre exactly right. This has been a brutal period for the American Economy and American Worker and businesses. Youre right, youre sew right about that, melissa. Some of these businesses will never come back. Some of them will never come back. The Airline Industry could take years to recover from this. The question whether that is the taxpayers responsibility to pay for these businesses. I say no. You cant bail out everybody but i want to make one last point about the stupidity and unfairness of this, of this bailout of state and local governments. The ones that are requesting the most money are the ones that are still shut down. Melissa, half of the states are open for business today. They have got jobs back. Look at tennessee, look at texas, look at utah, look at florida. Why isnt new york open . Why isnt connecticut open . Why isnt massachusetts open. If we give them, money, melissa all were doing is enabling them to stay shut down. Melissa that is true. New york is closed because were run by a pack of idiots. Steve, thank you. Appreciate your time. Connell. Pack of idiots. Connell a whole pack of them. Speaking of new york, and also this idea of permanently closing down in Certain Industries you have to look at restaurants. I know Indoor Dining is back this week. That is one thing. Well have an update on that. One of the things well talk about, restaurants are turn tock turning to hightech solutions. Will that be enough to turn customers inside. That is the next question. Spring semester still months away, a growing number of colleges trying to change plans limit covid19 looking ahead to the spring. Small businesses devastated by the pandemic and riots in minnesota. Well be right back. Liberty. Liberty. Liberty. Liberty. And if we win, we get to tell you and doug. How Liberty Mutual customizes Car Insurance so you only pay for what you need. Isnt that what you just did . Service stand back, im gonna show ya how doug and limu roll, ya you know you got to live it if you wanna wi. [ music stops ] time out only pay for what you need. Liberty. Liberty. Liberty. Liberty. Connell is it too little too late . New York City Restaurants have resumed Indoor Dining this week at 25 of their capacity but a new audit done about it new york state comptroller is warning that half of the citys restaurants and bars may end up closing for good. Uncle jacks meat house ceo Willie Daigle joined us three weeks ago on the program about concerns for timeline of reopening. Here is what he said then. He said something about maybe november if everything goes well. 50 . I will take anything right now. Im sure its too late, probably two months too late for a lot of Small Businesses. Connell all right. What do you think, willie . Willie is back with us today. Were 1st of october, 25 capacity. How do you look at things . Well, listen, again im always trying to stay positive but i see whats happened. I have a lot of friends in the business. People come to me for advice, a lot of places are closed down. Theyre bankrupt. Theyre out of money. Theyre out of resources. Theyre in a state of depression. Theyre broken. But im taking the 25 . I have my team rally. We did well in bayside. We did well in astoria. Still half the people satin side. Some people came inside. My biggest store, which is my biggest rent and biggest supporter for the company is the west side store on nineth avenue and 34th street. That i didnt open yet, because im doing whole business analysis. Ill trying to get as much data as possible because i cant afford to open in a city with nothing open, nothing at jacob javits, nothing at Madison Square garden and hudson yards, open up, pay 25,000 a month for the location and staff in place. Were trying to come up with a twoweek plan. Maybe only open monday through friday, seven hours a day to try to feed all the regulars during the day time. Connell let me ask you a little bit more about that, just update our audience, willie has three new york city locations within the city limits. Two he mentioned are in queens, the borough of queens and the third in manhattan. Focus on the west side of man hat a little bit you say you might open part time because of the cost, not a lot of people around. Are you thinking of abandoning manhattan all together or is that not on the table . You know im a winner, im a fighter, im an adapter, im a visionary entrepreneur so i try never to think that way. Im looking every which way we can survive. Thank god for the ppe money, Small Business loans i was able to get approved for. Without that i would have been out of business as well at all the city locations. Im here in georgia now. Im opening two more locations. I just did site visits. I have one opening in four weeks. One opening in 12 weeks. So im trying to stay as positive as possible. Connell how is it down there . They had 100 on everything and able to get people in . If so, whatever the capacity, if so, how many people are actually showing up even in at your locations in georgia . Whats the volume like . Okay. So in georgia constructions booming. Even through this covid phase everybodys doing handiwork at their houses, their lifestyle. People are home more. Things they put off theyre getting done. So thats good. So the restaurants, the construction is moving and moving fast and well. Hiring on the other hand is hard. A lot of people are not filing and filling out applications. Were through different resources to try to get people. Each of these restaurants are going going to hire 75 to 100 people full time. Well have to open up limited hours, with limited resources staffing to execute the vision. Down in georgia, 65 of your occupancy inside and outside is available right now. So there is one duluth location we have is doing about 85 of its sales compared to last year on six days a week. Now next week were opening up the seventh day. Hopefully well get above 90 . It is coming back. Georgia is way more open. They didnt react the same as new york and just shut down everything, been so controlled by the democratic mentality. New york, we could have been open inside months ago, no problem. Connell right. But you werent and then you know it is out of your hands obviously. So youre trying the best you can but, melissa, steve moore were having this kind of discussion what happens next with rel