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Capital hill testimony from fed chair Jerome Powell where hi alled a potential cut in Interest Rates later this month. Health care stocks also contributed to the rise. We willhy explainn a moment, but first the closing numbers for this thursday with the ge Industrial Ave gaining 227 points to 27,088. The nasdaq was down six, the s p addedix bob pisani has more on the recordsetting day. Reporter another day,ot r market milestone. Investors cheered comments from the Federal Reserve signaling that a rate cut is likely just ound the corner. The dow crossed about 27,000 for the first time today and the s p 500 movedust to the edge of 3,000,nt fraction of a poi below it. Close enough. What a difference five yearss. Ma the s p has moved 50 in less than five years from 2000 ....
Formality. What they will be deciding. Is whether to ban the sale of new gas powered cars starting in 2035. But we will start seeing some of the changes on our roads and highways even earlier than that. By the year 2035. You wont be able to buy any new gas powered cars in california. The California AirResources Board is expected to approve new rules to faze us into an all electric future. Not only will new gas powered car sales be banned in 13 years by the year 2026. Just four years from now, 35 of all new car sales in california will have to be electric. Were not ending gas and diesel vehicles in california anytime soon. Thats really not what this regulation is trying to do is just trying to bring the proportion down fast. Once tina gray wall is a researcher with the Mineta Transportation Institute an ....
Hello. We begin in the us, where former president barack obama has described the current governments handling of the coronavirus pandemic as an absolute, chaotic disaster. Mr obama was speaking on a Conference Call to rally supporters behind joe bidens run for president. In a leaked recording he says he then adds and north america corresponded peter bowes told me why mr obamas comments are significant. We havent heard words like this, as strong as this from former president obama really since before President Trump became president. He has pretty much stayed on the sidelines during the past three years of mr trump being in the white house. But we are a different time now and of course were just six months away from the next president ial election and barack obama has endorsed his former deputy, joe biden, for the democrats as their candidate. I think this signals that presi ....