Wall street is looking for any clarity on stimulus following President Trumps tweets, suspending further negotiations until after the election yesterday but calling for targeted relief since then for airlines, Small Business and a new round of 1200 checks. Eli lily saying its seeking emergency use authorization for antibody treatment dr. Gottlieb says its a major step forward got a bit of reversal from yesterday. Quite so. On todays show, restauranteur danny meyer putting out a plea for lawmakers to come up with a stimulus plan. He will discuss what it would mean for the Hospitality Industry if help doesnt come through soon plus kara swisher on whether any of that will mean real change Steve Liesman has the fed update for us, and joining us to break it all down is jeff sherman from double line capital. Steve, lets start with you. Wilf, thanks. Fed officials in their meeting from september had begun to have concerns about the possibility additional stimulus would fail in congress. They
Cash trade. Here are your top headlines from the bloomberg terminal. Trumpa on the defensive. The president stands by his handling of the coronavirus on day one of the Republican National convention. Says democrats are still blaming America First Nikki Haley Says democrats are still blaming America First. The chinese arrives in europe today. Demandsla merkel answers from russia after it was putin critict the was likely poisoned. We have figures crossing the wire right now. The German Economy shrank 9. 7 in the second quarter. The initial estimate was for a drop of 10 point 1 . This is a second look here, and so it looks like it is a little better than expected. Still, of course, a massive drop , the quarter over quarter figure. The yearoveryear figure is a drop of 11. 3 , so a big drop in the german gdp. That the bloomberg economists expect a rebound in the second half, and of fullyear drop of about 6 for 2020. Lets take a look at what futures are telling us after the new record highs
Airline Passenger Experience association and Spirit Airlines. The subcommittee will come to order. I would ask unanimous consent ththe chair be last consent they authorized the recess during todays m hearing and without objection sosoperm ordered. Aysi ask consent that they aret on the subcommittee be committedjectio to sit with theo subcommittee in todays hearing and asked questions, withoutgooi objection so ordered. Good morning, want to thank the witnesses offacco the subcommite today for discussion on the airn travel experience. Accordingtist to the u. S. Borouh of transportation desist except the u. S. Airlines carried 925. 5 million passengers in the u. S. Oe and abroad. The highest total since 2003. The federal aviation aviation Current Aerospace forecast will increase roughly 2 per year over the next 20 years. Where im from, the number of complaints will grow from 24 million in 2018 up to 55. 6ie million bys 2015. By demand creates new opportunities through the nations aviation
Association and Spirit Airlines. The subcommittee will come to order. I would ask unanimous consent ththe chair be last consent they authorized the recess during todays m hearing and without objection sosoperm ordered. Aysi ask consent that they aret on the subcommittee be committedjectio to sit with theo subcommittee in todays hearing and asked questions, withoutgooi objection so ordered. Good morning, want to thank the witnesses offacco the subcommite today for discussion on the airn travel experience. Accordingtist to the u. S. Borouh of transportation desist except the u. S. Airlines carried 925. 5 million passengers in the u. S. Oe and abroad. The highest total since 2003. The federal aviation aviation Current Aerospace forecast will increase roughly 2 per year over the next 20 years. Where im from, the number of complaints will grow from 24 million in 2018 up to 55. 6ie million bys 2015. By demand creates new opportunities through the nations aviation network, inv n longstanding
Coming to a street near you, the future of cars may be electric, but is the Technology Mainstream enough to become mass market yet . In the Programme Today we take a look at some of the issues surrounding the switch to electric vehicles, are they still too expensive to buy, and how practical are they for very long journeys . A few hours ago, ford unveiled its brand new electric car, called the mustang mach e. Ford hope theyre on to a winner, the mustang is the worlds best selling sports coupe, and the new car is the first vehicle in fords range to be built as an electric vehicle from the ground up. Its also fords response to teslas model y. Electric mobility is expanding. In 2018, the Global Electric car fleet exceeded 5. 1 million, up 2 million from the previous year. China remains the Worlds Largest electric car market, followed by europe and the united states. But this contrasts massively with sales of the internal combustion engine, recent research for the first half of this year o