Well have the latest reporting from cnbc. Also ahead, an update on Recovery Efforts across the southeast at President Biden is set to get a firsthand look at the devastating Storm Damage in North Carolina. Well also have a live report from The Middle East as israel launches a Ground Offensive into Southern Lebanon after weeks of deadly Air Strikes targeting hezbollahing the militants. And what could be the final debate of the 2024 president ial debate. Jd vance and Tim Walz set to square off tonight in New York. With us, the host of way too early, jonathan lemire. Bbcs Katty Kay. And the president on the council of foreign relations, richard haass. Author of the Newsletter Home and away. Well get to it all in a minute. Pete rose died. Kept out of the hall of because of the betting scandal. Talent was huge. Member of three World Series Championship teams. The Cincinnati Reds in the 70s. Got a third with the philadelphia phillies. The alltime hits king, a record that i dont see being bro
Thats the worst performance in two weeks. The dow has been down. Nasdaq have been down five out of six the tech selloff was worst it continued down 3 led lower by stocks like apple the same old story big volatility coming. Those are really the tail thats been wagging the dog for a while. Youll see the nasdaq is lower once again the other two averages hanging in there the s p on the flat line nasdaq down another 50 points. Fur watching what is happening over the last two months they closed. Dow at the lowest level since the third. The 10year sitting at 0. 66 the story that seems to never end, tiktok. Here we go the owner bytedance applying for an export license in china as it pushes for a deal in oracle and walmart. They did not mention the pending deal and technology it was seeking to support calling the deal dirty and unfair they have no reason to approve it all of this raising questions about that prospect and what that would ultimately look like. What happened earlier in the week we
Hear from mike roman later on today, july has been very good i think you will continue to get a positive from housing, this horton number is the number people should be focusing on because it was stellar you will get a lot of people talking about how there is a lot of good news in anything involving personal fun, polaris, but just were just in such dim tidings when it comes to aero space thats what im focused on greg hayes, 2023, oh, my. You were just talking about that and then iata, the International Air transport association is saying 2024 for precovid traffic levels they also point out that airlines are adding capacity, jim, ahead of demand which is coming back slower than they thought. Personal travel, people want toful tra, we know that. Great Conference Call by American Express on friday about what people want to do, but the Business Travelers is where they make all the money and the Business Traveler is zooming they just arent going i dont know what its going to take to bring t
Billion on amazon during the lockdown. The stock is up 169 per share. Facebook, another pandemic winner. 2. 4 billion people used facebook or one of its apps every day. That is global clout. The stock is up 16. Now, google, that is the exception to the stock price rally. They reported a firstever decline in quarterly revenue with the economy lockdown, advertisers slowed their spending. That stock is down 16 bucks. Overall, stocks are going up this morning. I see green for the dow, green for the s p and especially a lot of green for the nasdaq, up 111 points. No deal on stimulus. Democrats and republicans negotiated last night. Neither side emerged optimistic. Politico reports that offers were exchanged. The white house wants a fourmonth extension of jobless benefits. The democrats want much longer. Perhaps a deal is still possible. Here comes the hurricane. Look at that cone. Probably not going to be a good beach weather up and down the eastern seaboard this weekend. What does that do
Are suing democratov to reopen e schools. But first, a stimulus deal between republicans and the white house is in the works. Majority leader Mitch Mcconnell is said to strategize in about half an hour with his caucus. He is expected to unveil the plan later today. Were getting details what might be in it and when might not be in it. Fox news Congressional Correspondent chad pergram on capitol hill with the latest and apparently a payroll tax cut deduction may not be in this, right . Reporter thats right. Well talk about that here in just a second. Ev this tenne particular set of spending, the easy part, the appropriations part. So Mitch Mcconnell, the Senate Majority leader Mitch Mcconnell will run through those details with his conference here in the next half hour or so. This is so fragile right now, we dont have a lot of meat on the bone. That is why Mitch Mcconnell has been hasnt said anything at this morning. I will run through what we do know here. There are a couple of details