About 200, nasdaq down 76 and s p 500 lower right now by 24. One of the issues is some weak earnings or forecasts. Ups for example beat on Second Quarter earnings but missed on revenue. The shipping company lowered the annual revenue forecast on soft ecommerce demand and reaching a labor deal with the Teamsters Union for 300,000 employees, Trucking Company yellow also filing for chapter 11 bankruptcy after years of financial struggles, growing debt. The Company Nearly 100 years old, had received more than 700 million from the Federal Reserve in aid during the pandemic. Greg, what do you think this tells us that yellow goes bankrupt, ups today has a weak forecast and misses on revenue . Is this a macroeconomic story . I think a little bit of it is macro, certainly. Look, the economy is evolving and if you look at the last year andahalf, weve had one of the biggest Interest Rate increases that weve seen if ever, not just here in the u. S. , but globally. And when you reprice Interest Rat
Pete good morning. Its labor day and we hope you are not laboring at home. We have a good old crowd here at the Nashville Underground in nashville, tennessee. Its 5 00 a. M. Central time. On labor day. [cheers and applause] pete the line was out the door. Folks pumped. They are waking me up because its an Early Morning here on fox friends. Thank you all for being here. Its great to see you. We are at the Nashville Underground on broadway on the strip here in nashville, tennessee. And the only thing missing, guys, is Griff Jenkins and the doctor. The doctor is in the house, dr. Nicole saphier. Good to see you two on remote. Hope you have a wonderful Labor Day Weekend looking forward to hosting three hours with you guys. Nicole we do miss having you here on the couch. Its great seeing you there with all the Energy Behind you. Wish we were there. Griff who knew that crowd loved belinda carlisle. That crowd loves it. Please tell them we wish they were all with us here, pete. Pete oh, indee
Im martha maccallum. On this friday, ill be joined by bret baier and Ari Fleischer about the battle for speaker of the house. Brand new developments in this. We will talk about it coming up shortly. Also, the big announcement that is coming from r. F. K. Jr. Joe rogan speaks out on the trump trial. Well get to all of that. First, chicagos democrat mayor also throwing his hat in the ring. He will head to the border as well to see whats going on. His citys parks and Ohare Airport turn in to shelters with the city holding the Democratic National Convention Next year. His people are starting to fight back. Watch. The reality is, we have to say no. Thats the simple solution. No. Coming in to the community of black people where we get the low scraps. You want to take the resources that we have and put us at the bottom of the barrel . [chanting]. Martha you work for us is the chant there. Very significant meeting this week. Lets go to Garrett Tenney reporting from Ohare Airport. High, garrett
Musk welcome to hell. Tonight, that hailscape is a whole lot worse. As the 11th hour gets underway on friday night. Good evening once again. Im stephanie ruhle. We are down to the wire. Four days before the election day, and with control of the senate and the house on the line. There is no room for error. Theres also no rest for the president on this final campaign weekend. President biden will be trying to get out the vote in illinois and pennsylvania. Hell have company in the keystone state for two former president s, biden will headline a rally with president obama, while donald trump is also campaigning there this weekend. This afternoon, biden said he thinks things are looking good for democrats. Were gonna win this time around, i feel really good about our chances. Were gonna keep this and keep up a seat. We have a chance of winning the house. Thats when im optimistic, i really am. Biden will also be in new york this weekend, campaigning with governor kathy hochul, who is in a su
Lot, and this morning we will hear from them. The New York Times got a preview that they have a report on what dr. Anthony fauci will say. He will issue a stark warning to the american people. Hell say that reopening the country too quickly will cause, quote, needless suffering and death. Hell also explain why he believes that reopening too soon will make it harder for us to return to normal. As you know, the majority of states are already easing restrictions, even though none of them meet the white houses guidelines for reopening. And cnn has a new National Poll just out moments ago that shows a majority of americans believe the federal government is doing a poor job with this pandemic. More americans are overwhelmingly afraid or concerned about a second wave of the virus hitting us. So well break down all of those numbers in a moment. As of this morning, more than 80,000 americans have been killed by coronavirus. That is a staggering loss that continues to grow and our hearts go out