Deliver remarks on jobs and the economy, and from the Mankato Regional Airport in minnesota looking at the live pictures and then hes headed to wisconsin for another event weve got that all covered for you. Now, theres one area of the economy going full steam and thats housing. The exodus from the cities to the suburbs fueling demand for one company, so much they are actually struggling to fill thousands of open positions, even with millions of people still unemployed in this country weve got the ceo of two men and a truck, hes here on the housing hotspots and hes in the cities where people are going and there was this new forecast by the cdc, predicting that the u. S. Coronavirus death toll could reach 200,000, by september 5 but could a newly approved rapid saliva based test be a major game changer . Its pretty interesting stuff today former secretary of health and Human Service dr. Tom price is going to give his prognosis on this new test and a lot of other things within the pandemi
The europeans today. Their central bank will pump trillions into the euro zone economy. Thats called stimulus. Investors like it. So the dow is going to be down maybe 100. S p, 17. The nasdaq, about 26. Thats not a big pullback after yesterdays big gain and this weeks very big gains. Opening up the economy, thats a big deal for investors. This week, many theme parks and vegas casinos will open up again, albeit with limited capacity rules in place. And gms Ceo Mary Barra says auto plants will be back to previrus levels by the end of this month. Opening up, very important. Heres what you are waking up to this morning. Lot of boarding up of storefronts in the big cities. That appears to have cut down on the looting. Heavier charges against the Police Officer involved in the killing of george floyd. Its now Second Degree murder. In addition, the other three officers involved have been arrested and Face Criminal Charges for the first time. Following that, the protests were just as big but t
Now the ceo of juul is out and tobacco giants Philip Morris and altria call off their merger talks. The Political Risk for stocks, futures pointing to a muted open House Democrats move on impeachment and what the turmoil will mean for ongoing u. S. china trade talks. New products driving sales and double digit growth in china. Big news regarding Philip Morris international and altria. The two companies deciding to end merger talks juul is announcing that kevin berns is stepping down as ceo. It will suspend all broadcast, print and Digital Advertising in the United States as regulators have launched this crackdown on vaping products. Meantime, altria tightens their guidance for the year. Reaffirms domestic cigarette volume down 5 to 6 but it does seem like juul is entering a new chapter here as they try to get fda approval. I think if the fda cares about where was gottlieb on this cnbc contributor why didnt he shut this thing down we cant get cannabis passed in this country we let juul
New season the defending champions by munich held to a shock troll i heard about it. Im a decorator is welcome to the program hong kong is being rocked by another weekend of prodemocracy demonstrations fears of an imminent crackdown by chinese authorities as stoking tensions night has now fallen and police have begun deploying on the streets and chasing down protesters Chinese State media have been condemning the protesters actions as the beginning of terrorism meanwhile thousands of beijing pro beijing supporters have gathered at a rally on the other side of the city they calling for an end to the violent protests which broke out over the last 3 months. Data charlotte shell some still joins us now from Hong Kong China whats the situation where you are right now. 2nd right now im outside Police Station where earlier on tonight a small group of protesters gathered this is something that weve seen night up tonight as part of this protest movement protesters gathering outside Police Stati
Liberal about saying, the market is raw, because most of the time, the market is right, with some time to level out, but some markets are more prone to bad calls and others. This market includes days like today with the dow dipping through seven points. Gain points, and the nasdaq pulled with 1 5 preliminary textbook case of mr. Trevor welnel. Lastly, the mass retailer would sharply higher. Some magnificent Earnings Growth though. Initially, i think, correctly, walmart stuck around. Then the corporate stock fell apart. Falling five points, pretty much in a straight line. It was a horrendous closing. I have a lot of experience in retail, medical i know a good quarter when i see one. This wasnt a good quarter. It was a great quarter. Walmart give you 14 sends earl is off the 1. 70 bases, raising the forecast by 26 as to the midpoint. The Interest Rates were down 5 , getting a percent decline in the u. S. All that says buy, not sell. But this markets very confused. Doesnt seem to know the