the rain, one of the bests counting on a big fourth of july weekend.bests counting on a big fourth of july weekend. so why are there still so many open jobs? we ll dig into the economic picture, what it means for you, and getting answers from the experts including labor secretary marty walsh. but i want to start with an a all-star panel to help us break this down. doug holtz eakin is president of the miles an hour action form and former economic adviser to john mccain. and jason furman, council of economic advisers during the obama administration, john hope bryant, founder of a nonprofit focused on financial literacy. and also an economics professor at northeastern university. jason, take a look at this jobs number. what are your thoughts of where we are in the recovery? this was a good month for jobs. it exceeded expectations. if we can keep jobs at this pace and think that we can for a number of months, we ll be well on our way to repairing things. there are some mixed si
higher. had european index is down across the board for most of the morning. it is 1:00 in berlin, noon in london. you can see the broader european benchmark, little change as the dax turned positive in germany. the cac and the ftse still down, bitcoin turning around a little bit, trading right now for over $6,000, but traders say the charts do not look good after it hit 40,000 and almost made its way back and then came down again to this level. one of our top stories this morning is the gap between the american have and have nots. the fed mentality continues to drive markets higher, ill-equipped to address the wealth gap and policies lining only the wealthiest pockets while millions, tens of millions struggled to put food on their plates. listen to jay powell. we have been talking more about various kinds of inequality that a been sustained and have grown in the economy over the years. they connect directly to a maximum employment. if you take the statutory goal seriously,
hackett was brought in, he was a board member, previously he had done a great job at steel case the office furniture company in michigan and when he came in and he said, look, we are going to transform ford, get it ready for the future for autonomous vehicles, for electric vehicles. that hasn t happened ford has been mired in really not being making the move that it s needed to make since 2017 they are starting to change that a little bit some of that because of the moves that jim farley has made as coo, he becomes the ceo effective october 1st and the marching orders are pretty clear. transform this company, get ready for a future with electric vehicles, autonomous vehicles at some point, not immediately, but at some point, but, guys, this is the most interesting stat that i can find. if you go back over the last, what, 20 years, 19 years, only one ceo at ford, alan malaly posted a positive gain in ford shares there you see hackett s performance since may of 2017, down 38%
president trump also made news in this impromptu get together which we weren t exactly expecting on a monday morning, saying the coronavirus briefings are making a comeback starting tomorrow from the briefing room at 5:00 p.m. start our coverage with chad pergram who covers capitol hill. chad, that meet meeting in the oval office set the table for next few weeks negotiations. what are we looking for? reporter: a lot of negotiations will be with republicans, make no mistake on that. republicans are all over the map on this by there is major disagreements how to do another bill. treasury secretary steve mnuchin said they will be about kids and jobs. senate majority leader mitch mcconnell said he will take control to write the bill in his office. there is lot of questions whether he can finish a bill at all. mitch mcconnell is confident they can. listen. begin the process of socializing what we ve been discussing with the administration over last two weeks with our members. we
record territory. a lot of good stuff in the markets. we ll talk more about it. fox business team coverage. blake burman, hillary vaughn reporting from washington. all the talk about what the next stimulus looks like. blake we start with you. reporter: connell, very public signal from president trump and his administration, the next steps of negotiation will start to take place today, as we saw the president in the oval office on one side of him. the vice president and the treasury secretary on the other side of him republican leadership. we heard the president say again he want as payroll tax cut. we heard mitch mcconnell say once again he wants liability protection for businesses. we heard the treasury secretary spell out other items on their wish-list. we ll have tax credits that incentivize businesses to bring people back to work. we ll have tax credits for pp&e. for safe work environment and we ll have big incentives, money to the states, for education, for schools tha