Notches a record close. We are up 162 points, much more than we needed. The s p up 15 points. The nasdaq up by 41. We are looking good right now. We will take all of this up with our floor show guys. Also coming up in just a few moments, weve got Philadelphia Fed president and ceo Patrick Parker who will sit down with Edward Lawrence to discuss his historic vote to change the feds inflation policies. The cleanup from hurricane laura in full force across the gulf coast as Power Companies work to turn the juice back on for folks down there. We are going to go live to lake charles, louisiana to get an update. And the one company is helping some of the biggest corporations in the nation return to work from the coronavirus pandemic in a safe and touchless manner. We will introduce you to the ceo of envoy. This is a fox business exclusive. Coming up, less than an hour to the closing bell and im Cheryl Casone in for liz claman. Lets start the claman countdown. Cheryl well, forget apple. Forge
Businesses dont go anywhere americas war starts right now. Millions of americans are struggling to get their stimulus checks but even if they can get through the iris web site they can still have banks steal their money join me to talk about this is fair and cousins editor the national trialware magazine this this story i guess its no surprise right this whole litany the whole nature of this legislation was to put money in the hands of people so they could eat so they could pay their rent now we see the threat of banks saying what well the banks are saying hey you have Overdraft Fees from a couple years ago oh youre youre behind on this payment that you know this debt that we hold for you were going to steal your money and the worst part about this is not. Just the fact that the banks are doing this its that this was intentional this was intentionally put into this piece of legislation because they wrote in a provision congress did as part of the stimulus package here that the federal
Instead the rule says were going to leave it up to the treasury run by steve maneuver the banker hill decide if banks are allowed to take your money and of course minucci did the very predictable thing which was to say absolutely banks if somebody owes you money this stimulus check is going right into their account at your bank you can go ahead and keep it that is what they explicitly told the bank teller and extent the bill exactly limit you the back story a little bit more Treasury Department is having this massive webinars telephone conference with banks all over the all of the u. S. And they they say by the way is it ok if we take this money that comes to us the 1200. 00 check and if they owe us money on overcharges are they on us money on delinquent payment on a loan that we can take that money and real cutesy she says well you know theres nothing the explicit that says you cant add other words youre right they understood this when they went into it. 1 understands that hes looking
Millions of americans are struggling to get their stimulus checks but even if they can get through the i. R. S. Website they could still have banks steal their money join me to talk about this is fair and cousins editor the National Trial where the magazine this this story i again its no surprise right this whole living the whole nature of this legislation was to put money in the hands of people so they could eat so they could pay their rent now we see the threat of banks saying what well the banks are saying hey you have Overdraft Fees from a couple years ago oh youre youre behind on this payment that you know this debt that we hold for you were going to steal your money and the worst part about this is not just the fact that the banks are doing this its that this was intentional this was intentionally put into this piece of legislation because they wrote in a provision congress did as part of the stimulus package here that the federal government cannot seize any of this if you are th
The greek Turkish Border held back by water cannon and tear gas. Because turkish president ever won announced that people were free to cross into the e. U. But now they are trapped between the waters as the standoff between the viewer and turkey plays out well just a few miles from the turkish mainland the greek island of lesbos is bearing the brunt of arrivals in the e. U. At the morea refugee camp more than 20000 people are crammed into a space built for 3000 locals are seeing after having been at the front line since europes like when crisis erupted back in 2015 while the friction between them and the Asylum Seekers has brought the island to a breaking point. Camp. Europes overcrowded waiting room everyone who is stranded here wants to get out as quickly as possible many of them children. Hill. Air and now live in more in me and my family. Is that theyre here its very rare so down here is 12 she arrived a few months ago with her family from afghanistan their lives havent changed for