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Recovery fund. The agreement would be very bad not only for europe but for the markets. Ericsson tops the stoxx 600 as european roll out drives demand but the leader says hes worried europe is missing out. China has accelerated the rollout and it continues at a high pace in north america so 5g is happening at an increasing pace in the world i worry that europe is falling behind daimler shares accelerate as more cost cutting forces the carmaker to halt production of mercedes demand in u. S. And mexico as it reveals a 1. 7 billion operating loss for the Second Quarter the last dance for a lockdown growth shares plunge in extended trade as the streaming giant adds 10 million subscribers but warns growth will grow sharply to its weakest level in years beginning shortly, some comments crossing from the European Commission and she has effectively said that these stakes couldnt ....
Checking in at about 80 meanwhile 88 or so well do it by 3 oclock the some areas, a look at some lower 90s today in a little warm up is expected as we head into the weekend. Well have details coming up mark all right dave, thanks a lot well new this morning the Berkeley City Council has approved a plan to end Traffic Enforcement by police and this makes berkeley the first city in the country to make this change kron fours reyna harvey is live in berkeley. She has all the details for us reyna. Yeah well marty this is a historic move by the council here this shes Traffic Enforcement entirely this takes it from an armed Police Officer to an an armed city worker, the main question a lot of people have this morning is how they plan on implementing this i ....
Ahead on todays show, fashion in the time of coronavirus. Well speak to anna wintour about vogues new partnership with amazon on a Digital Store front. Plus we will speak to truist ceo about his efforts now for Coronavirus Relief lets focus in on the stories we are watching Steve Liesman with the highlights from the fed minutes. Just released in the last hour and oliver chen is with us to talk about retail earnings and the big box names he likes so far. Michael, start it off with you what stands out . Yeah. The market just bobbed right back up from that lateday selloff yesterday. In fact, the low for today in the s p 500 hit about three or four times was yesterdays high. So it seems as if, you know, big money investors continue to behave in a way that suggests they feel underexposed to stocks if theyre not going to pul ....
If you agree or disagree. Let us know. Democrats, 202 7488000. Republicans, 202 7488001. Independents, 202 7488002. If you want to talk about this idea of spending to help the economy and text us, it is 202 7488003. Ur twitter feed, cspanwj you can post on our Facebook Page at facebook. Com cspan. The Financial Times picked up the story in which chair powell talked about in washington. Additional fiscal stimulus may u. S. Orth it to shield the economy from longterm damage left by the pandemic. The oce secretarygeneral warned the rising debt level would come back to haunt us. Powell told the Peterson Institute in washington yesterday that although the economic response is timely and appropriate at large, it may not be a final chapter. That event is available on cspan. Org. Here is a bit of that event featuring jay pow ....
Eight days, getting a little bit of relief. Euro still seeing very strong buying in the treasury markets. You are buying equities, buying commodities, and buying treasuries. Thats what you are seeing into the weekend. Time now for global exchange, where we bring you todays market moving news from around the world, from washington to new york to london. Oil. Gin with the move and crude continuing to climb after its biggest ever single day gain. All trump says he may intervene in the price war between saudi arabia and russia that has rocked crude markets. Here was more is annmarie hordern. Intervene how, and does anyone care . Annmarie it is interesting how exactly he would do this. He said he has some power over the situation, and would get involved at the appropriate time, may be giving riyadh some chance to potentially swamp the world with oil and put the pressure on russia. Then we heard from president Vladimir Putin in an incre ....