Yesterday, another record high how concerned should we be about our health and the health of the economy . And three full days until the president ial election. A live report from what could be a key county in the deciding of the election power lunch starts right now welcome to power lunch. Another down day for the market. It is the dow clearly outperforming the nasdaq three of the four tech giants reporting yesterday are lower right now. Apple, amazon, facebook, google in the green twitter off its low hitting a major roadblock today. Exxon and chevron under attack and underperforming. Are these stocks still worth investing in well get into all of that we begin with stocks closing out a bad week and a bad money bob pisani tracking the action for us good to see you its a tough end of the week and tough end to october look at these stats here were not closed yet but still pretty bad worst week since march 20th. Dows worst month since march. Its the second straight down much for stocks an
Cspan coming your unfiltered view of politics. The Senate Aging Committee looks at the coronavirus and Racial Health disparities. Members and witnesses talk about how covid19 disproportionately addresses fx minority communities. Effects minority communities. Senator moran the Economic Impact of the shuttered main street businesses resulting in responsible Public Health protocols have been felt in every corner of the country. T has become clear that however, during this time of National Emergency and courtney did recovery, there are scam artists that seek to take advantage of consumers especially the nations most full noble communities like that of our nation seniors. Sentinel Consumer Network reports that consumers across the u. S. Have reported cases of different scams totaling approximately 90 million in losses from january 1 until july 20, 2020. At home in kansas over the same time period, consumers report over 500 million cases. Everyone should also bear in only the these are repor
Good afternoon. I welcome you all here today to a hearing entitled protecting americans from covid19 scams. The nation continues to fight the unprecedented Public Health crisis brought on by the covid19 pandemic. It is our absolute . It is clear that resources are necessary for extinction missile crisis. However, during this time of National Emergency and needed recovery, there are scam artists who seek to take advantage of consumers, especially the most vulnerable communities, like that of our nation seniors. Sentinelthe Consumer Network reports that consumers across the u. S. Reported over 136,000 Different Cases of covid related scams, totaling approximately 90 million in total losses from january 1 to july 20, 2020. More specifically, at home in kansas over this same period of time, consumers report over 500 related cases, totaling 800,000 in financial losses. Everyone should also bear in mind that these are only the reported cases. It is fair to assume there are a number of scams
Test test captions Copyright National cable satellite corp. 2008 as i described in my testimony, we know that Nursing Homes with a higher proportion of black and latin residents have higher death rates, however theres not universal reporting of the race and ethnicity of those individuals within Nursing Homes who have been affected by covid. That presents for us a significant challenge when it comes to targeting resources in order to prevent the transmission of covid. Because, you know, when covid19 enters a nursing home its because someone has brought it in and what its telling us that if those Nursing Homes are following the same safety procedures of restricts visitors, ensuge that providers have clean ppe every time theyre coming in, then we shouldnt see these disparities. However we do. And the likelihood these disparities in rates of covid infections within Nursing Homes are going to occur are going to be even higher in communities with a higher burden of covid19. And so what were
Good afternoon as chairman of the Senate Commerce subcommittee on manufacture, trade and Consumer Protection i welcome you all here today to a hearing entitled, protecting americans from covid19 scams. The nation continues to fight the unprecedented Public Health present and president Public Health crisis brought on by the covid19 pandemic. In light of the serious threat this post to america, in the shoe shuddering of mainstream businesses, the response of Public Health protocols, have been felt in every corner of the country. It has been clear the preventive practices, policies, and resources, including expanded testing case testing capabilities and the ability to have protective equipment or absolute assess these to reopening the economy extinguishing this health crisis. However, during this time of National Emergency recorded and recovery, there are frustration scam artists that seek to take advantage of consumers, especially of the nations most vulnerable communities like that of o