Wildfires have wasted millions of acres and killed dozens out west its so bad that the air quality here in the east was compromised and this Hurricane Season is a brutal while the pandemic is killing a 1000 americans a day and thousands of others are lining up for food as free money from the fed is inflating wall street while telecommuting were trying to be productive but supply chain issues continue and with the president already calling the looming election rigged how much more will it take before the straw that breaks the camels back lets ask the author of the sickness is the system when capitalism fails to save us from pandemics. Or itself available let them ocracy at work the info of which economists richard deal wolf is founder and host of the nationally syndicated show economic update richard historically america mankind has survived as long as we have because we can surmount dilemmas like this one at a time how quickly in economic terms could things just degenerate into chaos i
Giuliani. The dow industrials up 71 points and the s p 500 up 20 points. Higher for the week. A full Market Analysis coming up this morning as you can see, from ids close at the dow industrials down 134 points, mornings with maria is live right now. European markets this morning are higher, take a look, green across the board in europe, cac quarante up 37 and dax by 83, german economic minister proposing no tax increases during the pandemic. In asia overnight markets were broadly higher, take a look here with asian markets up on average better than 1 , china was closed for a holiday. Top stories that we are watching this morning, President Trump could return to the white house as early as today as doctors tout his recovery from covid19. Doctor Walking Around the white house medical unit without limitation or disability. Our continued monitoring of his cardiac, liver and kidney function demonstrates continued normal findings or improving findings. Maria the president giving an update to
Chair lowey i will say good morning again. I call this meeting of the committee on appropriations to order. Before we begin, house rules require me to remind you that we have set up an email address to which members could send anything they wish to submit in writing. That email address has been provided to your staff. Our first order of Business Today is consideration of the department of defense appropriations bill for fiscal year 2021. I will not recognize to present the bill. Thank you, madam chairwoman. Before i begin my remarks, i reluctantly have to acknowledge this will be my final Opening Statement before the House Appropriations committee. I have no new revelations to make but for those of you who will remain on this committee, there are a few things i would like to say. Him saying them as someone who is so compulsive, he saved the congressional record on the day he was appointed to this committee after years of efforts, which makes mr. Rogers, my good friend, the only person
Was nasdaq and s p 500 down almost 3 . Add boycott slit sit Major Companies pulling out of advertising dollars from social media giant is costing Company Millions anding to surngd pressure and down two and a a quarter percent right now. Boeing takes flight test of the 737 max begin this is week. The stock is up on the news this morning premarket up close to 3 and Federal Reserve Shopping List essential bank releasing name of companies that it is purchasing Corporate Bonds from. Including automakers, telecommunication companies, even beverage cocacola, plus china take more steps to plan down on hong kong frms and beijing says it will impose visa restriction on americans with what they call egregious conducts on Hong Kong Related issues. Mornings with maria is live right now. Global markets look like this european indices highser with the up a third of the percent and paris up about 16 points also a third of the and dax is higher than 34 points twothirds of one percent. In asia across th
Minister questions israels plans to annex illegal settlements. A setback for president also naro Brazils Supreme Court orders his government to publish coronavirus figures in full. And after 34 years of mystery swedens prosecutor names a suspect in the murder of the Prime Minister of palma. And im peter sim for the sport Tokyo Olympic games organizers say theyre working on more than 200 ideas to simplify and reduce costs that are more later this news hour. We begin this news hour in the United States where George Floyds brother has told politicians that to make sure that the death of his brother will not be in illinois as flawed floyd has just testified before the House Judiciary Committee on capitol hill the death of his brother in Police Custody spawn 2 weeks of protests across the u. S. And indeed around the world the House Judiciary Committee hearing said it was answering protesters calls for a fundamental change in the culture of Law Enforcement im here the action to make it. Stop