Town halls. Who came out on top . I will ask. Also coming up, pfizer announcing it will hopefully be able to move forward with its vaccine next month as americans try to hold out hope. We have the very latest on the trials and how they impact the investing. Of course, its all about your bottom line. We will talk about that at the bottom of the hour. All that and so much more on making money. Charles all right, folks. The markets bolted out of the gate initially powered by higher than expected retail sales through september. Huge number, crushing wall street. In fact, overall, up 1. 9 . The street was looking for up. 7 . More than 300 more above the 0. 4 in consensus and the control group which goes into the gdp report, up 1. 4 . Department stores, they saw a huge rebound, clothing popped as well. Even the internet, its interesting, though, because it had a more pedestrian move. Meanwhile, restaurants, they picked up really nicely as Grocery Stores seemed to have plateaued. Auto sales w
Small and mediumsized businesses that were in sound Financial Condition before the virus impact of the economy we will hear from the head of the fed in boston and banking and business leaders. Will come tog order. This is a hybrid hearing meaning some of our commissioners are appearing in person and witnesses will testify remotely. Let me offer a few Video Conferencing reminders. Before you start speaking there will be a slight delay before you are displayed on the screen. Click the mute button until your turn to speak or to ask a question. If there is a technology issue, well move to the next speaker until it is resolved. You should all have one box on your screens labeled clock to show you how much time is remaining. Congressional Oversight Commission pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As a part of our oversight work, the commission has decided to hold
Commission has decided to order ourselves alphabetically. With that welcome to this virtual hearing convened by the Congressional Oversight Commission pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As part of our oversight work, the commission has decided to hold this hearing today which will exam examine the main Street Lending facilities. The Federal Reserve established the main Street Programs to support small and immediate you yumsized business answer Nonprofit Organization that is were in found sentence condition before the onset of the covid19 pandemic. The program operates through five facilities which we will learn more about this morning. The programs being administered by the Federal Reserve bank of boston todays hearing will have two panels. President eric rosengry. N, Federal Reserve bank of boston will testify during the first panel. Second panel will i
In infections that could overwhelm hospitals. Also looking at the wall street journal this morning in specificity, u. S. Death toll coronavirus nears 130,000, as infection rate surges. We will take a look at the numbers and the Johns Hopkins tracker across the world and in the United States in particular. Around the world, the total confirmed cases over 11 million cases worldwide and over half a million deaths. The United States now nearing 3 million cases identified and approaching 130,000 deaths in the United States. Yesterday on face the nation, the headline former fda u. S. Istrator said the right back where we were at earlier pico coronavirus crisis. Earlier peak coronavirus crisis. Here is what he had to say. When new york city peaked, we had hundred 34,000 cases. We were diagnosing one in 20 cases. 60,000ow, we will have cases and maybe we will reach 75,000. We are probably diagnosing one in 12. We are falling behind. We have 700,000 infections a day nationally. We are right bac
Affected by the coronavirus. Egge discussesrt how covid19 is impacting nursing home patient. Next. Ington journal is host the weekend july 4 celebrations are over, and the covid crisis continues, the cages surging in several states across the country. Good morning. Welcome to washington journal for this monday, july 6. We will talk about what the situation is like in your area and state, the impact of the search in it crisis across cases across the state. In lines are 202 7488000 the eastern and central time zones. In the mountain and pacific areas, 202 7488001. If you like to send us a text, 202 7488003t at tell us your name and where you are from. cspanwj. So on twitter soaring cases, hospitalizations overshadowed july 4 celebrations. States cast an 39 shadow over the nations fourth of july celebrations, as Health Experts word about holiday parties causing a further spike in infections that could overwhelm hospitals. Also looking at the wall street journal this morning in specificity