Earth. Charles President Trump announcing executive actions on Police Procedures as congress rushes to respond to the mass demonstrations across the country and the changing attitudes across this country. Well get the very latest from the white house and reaction from gianno caldwell. More advancement on today trucks, being called, cheap, available, effective in the fight against the coronavirus. That is helping this market too. Well give you the details. All that and so much more on making money. Charles so all the major indices are higher right now propelled by more evidence of the economys resolve and of course wall street wants steady economic gains. They still want steady fed accommodation as well. Todays retail sales a record, coupled with todays Empire State Manufacturing survey, join that with the may jobs report and the evidence is pretty clear, the stock market rally is not mindless consequence of a army of day traders but a prescient signal after vshaped recovery. President
That is more, by the way, than the number of people that live in new york and chicago combined, that amount of people. This is more than 18 of the u. S. Workforce is unemployed. Where are we going from here . And this is fascist. This is not democratic. This is not freedom. Give people back their [bleep] freedom. Elon musk going off in expletive laden rant against nationwide lockdowns. Our Panel Debates his point coming up. Was president right about using uv light to cure the coronavirus. Turns out some of the nations top scientists and doctors were already working on light therapy. All that and more own making money. Cheryl want to show you live pictures right now, the Vice President at a gm factory been translated into a ventilator production facility. He is in kokomo, indiana, right now. He is getting a cure, if we take the live pictures, that would be great. The president , Vice President , we actually lost the shot. Neil was showing it to you a few moments ago. Vice president is d
2. 3 billion trillion dollar stimulus package that is providing relief to Small Businesses. One of the biggest of that is 386 billion set aside to help Small Businesses with loans, checks, money that can be outright grants, Edward Lawrence has been following that because a lot of banks are handling the transactions, bank of america was up and running on this. He has the latest on all of th that. Reporter very interesting, Community Banks have led the charge on the spanking figure going forward, at 830 this morning, Steven Mnuchin has been on top of this to make sure. Look at the latest numbers, as of 1130, there was 2330 banks loans that have been given out for a total of 889 million that is direct stimulus into the u. S. Economy for the Small Businesses to keep people on pay checks and to give people pay checks and keep their lights on and pay the rent. On the jobs numbers, we expected was going to be bad but the number was really a surprise. Look at this a 4. 4 unemployment over all
Stuart the die is cast, biden versus trump eight months from now. Polls show trump leads in key battleground states. The president campaigns in wisconsin today, and all eyes will be on his every move. The democrats thought they hit a home run with the state of the union message, but polls show a large majority believes his performance raised fears about his age. Same with robert hurs appearance before congress. Democrats say the dock wriewments probe is case closed. They tried to say biden had been exonerated. Hur denies that and says that word never if appeared in his report. Quickly to the markets, and yet again bitcoin is the standout. Its broken above 73,000. The halving comes next month when the supply of bitcoin is restricted. Supply down, demand up. The price goes up too. 72,900 right now. Solid rally for stocks tuesday. The s p hit another high. Relative calm. So far today. If the dow up mabley 30 maybe by 30, s p up 2. Nasdaq had a iewj rally yesterday. Interest rates moved up
Was set to take off, but the gravitational pull of reality kicked in. So the big question, of course, is what happens next. Weve got daniel shay robli n to help you with that. And, of course, whats the difference between solvency and liquidity . If ill ask economist Julia Coronado on how much longer america can keep up this mindless spending. Meanwhile, bank shares are higher, ill have Eric Najarian if the crisis is over, whats going to happen with the Smaller Banks. And the most dangerous time the world has seen in decades according jamie dimon. Ill ask Brad Hirshfield how he sees it, this ugly, ugly period. All that and so much more on making money. Charles so scanning the skies around the planetted today, we can see the impact of one of mankinds greatest inventions, talking about the rocket. It has changed the course of history, and it can be used, of course, for evil as russias doing in ukraine. A source of security as israel is attempting to do as they seek out terrorists in gaza