We are up 96. Just a second ago we were kind of below that so youve got to stay with us with the whole hour. The dow, by the way, which had been up as many as 219 points earlier, was down, up, down, up, now it is better by 72 points. We are watching all of this as investors weigh rising coronavirus cases which now top three million and balancing that, positive news on the vaccine front. As businesses wait and wonder when they can reopen, one of the nations hottest franchises is warming up its massage oils. The hand and stone massage and facial spa ceo, there are hundreds of them, he is here to tell us what hes seeing at his 460 plus locations and if hes hanging out the help wanted sign. A fox business alert, we are minutes away from President Trump and mexican president Andres Obrador signing a joint declaration celebrating the yearslong fight to recraft the u. S. Mexico canada trade deal. How closely will not just china but u. S. Auto companies be watching and maybe worrying . Plus, w
Process is dominance of government the parliamentary process is dominant of government, completely opposite of what we see in the United States, but it is really all the same thing, governments coming to the rescue of economies that are simply shattered. Francine yeah, and we dont know if there is a second wave or a specific lockdown coming our way as well. Lets get to first word news in new york city with ritika gupta. Ritika good morning, francine, tom. The u. S. Is pending planning a one a Virus Testing resurgence. Testings are being sites are being set up in louisiana and florida. They could provide a clearer picture of how the coronavirus is moving through the population. Officials are weighing how far to go in reopening the economy or rolling back steps already taken. In brazil, president bolsonaro is defending his approach to the coronavirus despite the fact it has killed tens of thousands of brazilians and left him with the disease as well. Bolsonaro has called the virus a litt
That. What is really important, moving from the United Kingdom to the United States, presumed to be august into september. I noticed the music use for bloomberg surveillance, you start talking, and the market flips from red to green. But the backdrop of this, and this goes to the stimulus impulse we are seeing right now, is gold doesnt go up. To 1814. S today up jonathan the reopening rotation has stalled. The steepness in the yield curve coming into june has faded. A little bit of nervousness starting to build in the last several weeks, the past month. Lisa we are seeing that in the mobility data, the soft data that people are increasingly looking at to gauge Economic Activity in the United States. This is leading to some skittishness around oil in particular. Coming up, i am very curious to see what we see in terms of crude Oil Inventories in the u. S. At 10 30. 1 00 p. M. , u. S. 10 year notes getting auctioned off, 29 billion. This follows a three year auction yesterday with a yiel
It is a deceptive wednesday to say the least. We are focusing on stimulus and will do that across all of uber surveillance this morning. Bloomberg surveillance this morning. The president of brazil, and this is a statement, he has a little cold, has the virus as well that is touching us all worldwide. Francine it is. We have been trying to track the virus to understand what it will become. It is clear is is a bit more under control. In china, in europe, and but it is ravaging many parts of india. It is concerning in latin america and certain parts of the u. S. We are trying to figure out what that means in terms of lockdown and what it means the impact, future impact, on any reopening of the economies. Tom without question, the zeitgeist asked america with the residents event yesterday president s event yesterday is children and back to school and what that means for the economy. News, now word to our first word news. A temporary testing site is being set up in louisiana, texas, and fl
Welcome ladies and gentlemen, to the this is the regular meeting of the of the San Francisco Ethics Commission and i will call the roll. Commissioner keane commissioner chiu commissioner kopp and commissioner hayon is not present but we anticipate shell arrive shortly item agenda item 2 Public Comment on matters appearing or not appearing on the agenda anyone wish to speak on that item . Commissioners ray hart for San Francisco open government. In december this Ethics Commission held a hearing in the referral by the sunshine ordnance task force in ray heart commissioner hayon has exhibited could have recused herself in the matter rather than a fair hearing as the good golf o government guides we this facts and law commissioners hayons statements state their prejudice in part quote the issue of disclosure by the library quote unquote the belief this is something amiss with the friends and quote individuals that use this measure of requesting is a form of harassment end quote none of the