Every direction. The s p saw an even bigger gain. The nasdaq up by almost 3. 6 the dow futures also up. Keeping an eye on the Treasury Department seeing how the fed news will play out there the fed news is back about 0. 6 . Sitting at 0. 612 . If you watch oil prices, which has been a big indicator of demand around the globe and what is happening, this morning, wti is up about 16 . All the way back up to 17. 49. Wow, all the way back up. 17 unbelievable lets get an update on the pandemic the number of global cases that we talk about nearing 3. 2 million. I dont know how good that enough is for anything we have more than a million in the United States. New york state cases near 300,000. I dont know of the reliability that state prisons near 7 testing positive breaking overnight, california governor plans to order all beaches and state parks to close tomorrow to avoid repeating last weekends violations hot weather, the police memo leaked to several Media Outlets yesterday. Andrew to put
Panic at the American Enterprise institute, i am the director of the maastricht policy studies and im glad we have a great panel and what will be an interesting discussion. Im going to introduce you to our panelist and moderator starting on the far right which is truly a statement with nick in the economy at aei where he researchers it and writes extensively on development. He also has a finger to disable north korea from time to time. And if were slow we can do. He has testified before congress on numerous occasions and served as a consultant advisor in the u. S. Government. In 2012 pews were the procedures bradley prize. Next to him, Philip Cowans a professor of sociology at the university of maryland he is a longstanding interest in gender family and social change. In particular published extensively within families between men and women outside of family spirit he has maintained a strong interest in measurement issues and household Family Structure. Welcome to aei. A Research Fello
All right lets get right to our top story today. Alvin braggs star witness Michael Cohen is not only a liar but he is a thief and embezzler from the Trump Organization. Our own lydia hu has the latest from the new york state Supreme Court, downtown new york city. Lydia, what can you tell us . Reporter hi, there, larry i just stepped outside of the courtroom. As we near the finish line of this time it is getting tense. Objections from both sides, intense debate and arguments over evidentiary matters which are really important because they determine what information the jury will hear in the final days of this trial. The prosecution rested its case within the past hour. The defense was able to call their first witnesses. One of them being a witness that was used to document some of the phone calls that have been exchanged. Most importantly their second witness is now attorney Robert Costello. We know him as the onetime Legal Advisor to Michael Cohen and costello, im getting notes from ou
Guidance plus media moves warner bros. Discovery missing airbnb shares are also falling ahead of the opening the company sees robust demand for travel, but its guidance disappoints investors. The ceo will join us in a few minutes. Lets begin with a few momentum names today, including one of the beneficiaries of the a. I. Boom, and thats arm holdings, down sharply as guidance comes in below consensus. But shares of the chip designer still up 90 from the september ipo price of 51 a share revenue up 47 licensing up 60. Yeah, look, i think that rene haas will be able to tell a good story, that there was really one question on the Conference Call by a goldman analyst whos very, very good, which knocked the stock down, which explained the dow is a 70 sequential problem when it comes to the some of the royalty arrangements they were basically saying, david, that it was internet of things and automotive. That is not unusual. That is what everyone has been saying, like on semi has been saying t
Congress. Mike mccaul joins me live on why hes pushing this legislation now. Keeping innovation inside of america so that we can be the primary benefactors. Highlights with mike soft cofounder bill gates on that and more as we look ahead on sunday morning futures. Well analysts said he would be defiant and the president did not disappoint. He laid out a bold liberal agenda and threatened to veto any legislation that reached his desk that did t not meet those standards. What can we expect over the next two years . Richard shelby, chairman of the banking committee, joining me now. Glad to have you on the program. Good morning maria. What are the tax proposals in the state of the union last week . I wasnt surprised. Hes been proposing since hes been president. Now hes in his seventh year beginning. I think well see more and more. He lost the majority in the house and now lost the majority he had in the senate. We have a Republican Congress. So i think a lot of his proposals, one we heard