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Coverage for you. Blake burman at the white house. Lauren simonetti watching those markets and Hillary Vaughn is is in washington but we begin with blake. Reporter ashley, Republican Convention next three nights as they see it, continue to draw the distinction between President Trumps vision of the future and joe bidens vision of the future. Tonight will have a bit of a family feel to it as well, as two of the president s children will speak later this evening, tiffany trump, and eric trump and the keynote address will be given by the first lady from the newlydecorated rose garden. Melania trumps chief of staff says the first lady will talk about her role as a mother and a look ahead to the potential second term. Her speech tonight will be very positive and uplifting which is her signature. She wants to look forw ....
Region. Beaumont and the whole area. As hurricane lauras wrath unwinds right on top with more than 82 of gulf Oil Operations now offline. We now know where the powerful storm is headed and what it could mean for prices at the pump. By the way, exxonmobil, part of the reason stocks are seesawing as the dow stares down one of its most epic shakeups ever. Our floor show traders ready with their blue chip fantasy picks. With everybody wearing sweats and pajamas at home, why is luxury consignment site the real real jumping 35 quarter to date . The ceo is here in a countdown exclusive on the hermes effect. The topselling luxury product being used for a high end face mask hack and the happy face its putting on shares of her ecommerce titan. Plus covid test results under 15 minutes . Why you may want to go to the airport for your next covid test. How and where the company is pulling that off. Less than an hour to the closing bell, lets st ....
Out what the Federal Reserve is going to do to rev up the economy. Big speech coming from chairman powell. Odds are hes going to talk about inflation. He wants more of it. If thats correct, hell be printing a lot of money. Literally seven minutes from now make that nine or ten minutes from now, we will be allowed to give you the official word. And, by the way, thats what the markets waiting for. The dow jones average is coming off the dow is going to be down about 22 points, roughly that way. Lets see what happens when we get the feds announcement. The s p, thats coming off its 18th alltime high. Down a couple of points at the moment. The nasdaq is coming off its 38th alltime high. We did receive news of just over one million new jobless benefit claims last week, no noticeable impact on the market on that. That market, the investors, theyre really waiting for the fed. Five big tech stocks, theyre coming off record highs. Here the ....
On track, we will see what happens in the next 59 minutes. Global air travel is down 85 from a year ago. One airline is looking to build confidence among travelers. Delta is teaming up with cvs to rapid test its employees with results available in 15 minutes. With rapid covid testing on the rise, we will talk to the ceo of a dyiiagnostics company which applies a newly approved test. How these rapid tests are a tool in the fight against covid19. Warnings over sales pressure once the stimulus checks end, really kind of a surprise how the stocks have performed. What could this mean for the sector as consumers prepare for not just back to school but for the Holiday Season . Yeah. We got to talk about it. We will get the inside scoop from one of our allstar retail experts during the hour. Plus, new drama for apple. This time with new york citys metro transit authority. And charlie breaks it on the newest entry to the tiktok race. Less ....
We have blake burman at the white house. We begin with gerri willis. We finished with the s p at new record highs for first time in six months. Above the prepandemic highs. Think about that. That is the 14th record close this year. Turn to the nasdaq as well, also at a record high today, second Straight Record close for that index. The 34th record close this year. 174th record close since election day. Good news there. Market keeping an eye as you said on two big earnings reports today. One was walmart. Shares down after the nations largest employer reported eps of 31 cents a share, blowing out estimates samestoresales up 9. 9 . Online sales up 97 . Even so the stock is down. Dont know what it takes to get walmart up today. Home depot that stock up as well. Blowout Second Quarter with the sales up 23. 4 . Americans are remaking their homes as they are forced to live there, s ....