They know nothing theyre hanging on every word from Speaker Pelosi or secretary mnuchin, watching Mitch Mcconnells body language. We need to know if cash strapped states and Small Businesses will get the help they need but the stock markets already made up its mind it doesnt matter. Thats how we can some solid action today nasdaq soaring, 1. 42 hall hey lielujah were starting to hear about huge layoffs, okay disney, smaller ones at goldman sachs. Possible avalanche of firings at the airlines these people are losing their jobses through no fault of their own, and i hope the government can get its act together to help them, because its the right thing to do. The broader economy needs a stimulus package, America Needs a stimulus package but the market, oh, man, the market doesnt see a recession it seems a secular boom in Certain Industries i know this because were starting to get earnings from defensive companies that would normally give shareholders huge windfalls. But theyre greeted wit
Along with hemt care and energy. That was quite a turn around on the banks ahead, wall street heavy weights are taking sides on the market david miller and david tepper warning about the historic overvaluation. Bill miller announces saying they see market values here. Were going to ask billionaire mark cuban which side he is falling on right now plus, a rare interview with william demchak. Hell discuss the banks decision to sell its stake in blackrock. They own 22 and its created quite a business since they sold lets focus in its a great booking and i cant wait for the interview as weve been discussing. I love all the people you book from nap foods to nikes, but this one is creme de la creme from sarah try to get one youd be interested in. 59 minutes left of trade lets focus in on the big stories. Mike tracking todays volatile market action. Phil has an update on delta. Kate has a look at what mastercard is say iing about Consumer Spending. Mike, start us off with the Broader Market, w
When the stock moves on it and it did so tim, whats your take on the action of wells fargo and whats your take on a possible m and a deal. Well, this kind of news, first of all, this rumor was out a couple of days ago in the market and the Market Participants didnt do anything with the move because we talked about the down move. This deal makes a lot of sense when we talk about the environment over the last couple of years for both of these players. I think this deal would be a ridiculously difficult deal even if were going hypotheticals to get through on the regulatory side i dont think either one of these have a lot of friends in washington i do think and again, this is not me saying that this is just my sense of where this would be, but look, i dont think this deal is going to happen i do think goldman has continued to build out their retail platform in markets. I think wells fargo has a lot of issues that im not sure goldman would want and the move weve seen and this snapback today
Both sides could face in this latest legal case against the former president. This is ktvu fox two news at noon. Good afternoon. Im ali rasmus. Well, the countdown is on to head back to class in the next couple of weeks, students will be back in school at the bay areas Largest School districts. But will there be enough educators to teach them . Californias largest Public School districts are struggling to find credentialed teachers. Our states Rural Communities are having the toughest time recruiting bay area School Districts are also struggling to fill vacancies as well. San francisco unified is experiencing employee shortages in most roles. The district says to date that they have filled about 76 of 600 classroom vacancies. Theyre expanding efforts to try and recruit more qualified candidates. Ted linder reports on the problem of the nationwide Teacher Shortage and some of the possible solutions to address it with back to School Season ramping up parents and students are gearing up.
Nations capitol on january six, 2021, was an unprecedented assault on the seat of american democracy. Its described in the indictment. It was fueled by lies, lies by the defendant targeted at obstructing a bedrock function of the us government. The nations process of collecting, counting and certified lying. The results of the president ial election. The indictment only charges former President Trump, but it refers to six coconspirators. It is unclear when smith might name those people. Today, attorney general Merrick Garland praised special counsel jack smiths work, saying he and his team launched the largest investigation in the departments history. Mr. Smith and his team of experienced, principled career agents and prosecutors have followed the facts and the law wherever they lead. So far, the white house has not commented on the case, referring all questions to the department of justice. Here is a look at the charges. Mr. Trump is facing in the indictment. Conspiracy to defraud the