And the vote is set for 11 eastern advancing nomnation for the u. S. Court of International Trade. Live Senate Coverage is here on cspan2. Thpresiding officer the senate will come to orde the chaplain dr. Barry black will lead the senate in prayer. The chaplain let us pray holy god, continue to be our strength and shield. Extend your powerful hands to aid and deliver us. Lord, inspireur senators to bieve that you continue to work for the good of those who love you. Let your favor shine upon our lawmakers, and sustain them with your unfailing love. Lord, release to them the pleasings you have stored for those who honor you. You are our god, and our future is in yourands. Remind us al to seek first to understand before we stri to be understood. We pray in your sacred name. Amen. The presiding officer please join me in reciting the pledge of allegiance. I pledge allegiance to the flag of the United States of america, and to the republic one nation under god, indivisible, with liberty and
Points or 1. 5 . So as wall street presses the sell button, a dramatic move. The struggling Hotel Industry shouting in a letter to the president to bypass pelosi and Senate Leader mitch mcconnell. One of the signers, the ceo of best western hotels, live with us on the roadmap they are hoping the president looks at and maybe follows for them. But as the markets reflect the angst over the rescue package status, you can see this with the dow intraday picture, the latest company to nab a ticket to the 2020 spacpalooza is flying high. The banking giant who now on her fourth spac will tell you why she picked the Digital Payments company to take public. Its first day of trade is today, right now. Wait until you see what its doing. But lets get to this fox business alert and breaking news. To prescott, arizona where President Trump is expected to appear at the first of two rallies today in the grand canyon state but with just 15 days to go before the election, it was his comments on the tarmac
Thats the worst performance in two weeks. The dow has been down. Nasdaq have been down five out of six the tech selloff was worst it continued down 3 led lower by stocks like apple the same old story big volatility coming. Those are really the tail thats been wagging the dog for a while. Youll see the nasdaq is lower once again the other two averages hanging in there the s p on the flat line nasdaq down another 50 points. Fur watching what is happening over the last two months they closed. Dow at the lowest level since the third. The 10year sitting at 0. 66 the story that seems to never end, tiktok. Here we go the owner bytedance applying for an export license in china as it pushes for a deal in oracle and walmart. They did not mention the pending deal and technology it was seeking to support calling the deal dirty and unfair they have no reason to approve it all of this raising questions about that prospect and what that would ultimately look like. What happened earlier in the week we
Some ople asking if amazon is a monopoly. The question for the democracy is, are we okay with one company essentially winning capitali . How do you and jeff think about the call to break you guys up . Simply because the companys beenes suul doesnt mean its somehow too big. Narrator now on frontline. Domination was very much the idea. Narrator amazon empire. Frontline is made possible by contributions to your pbs station from viewers like you. Thank you. And by the corporationor public broadcasting. Major support is provided by the john d. And catherine t. Macarthur foundation, committed to building a more just, verdant and peaceful world. T and Ford Foundation working with visionaries on the frontlines of social change worldwide. Additional support is provided by the abrams foundation, committed to excellence in journalism. The park foundation, dedicated to heighteublic awareness of critical issues. The john and helen glener family trust. Supporting trustworthy journalism that informs
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