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Continue to hold up well. Temporary laidoff workers in some ways have been brought back. 6. 6 million jobs. Guy no surprise the bank of canada has left the key rate at 25 basis points. So untilontinue to do capacity is absorbed. There is a huge output gap that exists in United States and globally. That needs to be sorted out before we see any sort of rate rise. Mirror whatting to is happening in the United States on an imminent. Many suspect on unemployment. Many suspect we will see the bank of canada mirroring what we have seen from the fed with a focus on average inflation. Atx we are taking a look elliot management trying to block chevrons takeover of noble energy. You have elliott trying to block the companies. Chevron is trying to buy noble energy. They got shut out of the anadarko deal. Both stocks are holding on with gains in the market. I dont know why they would try to ....
Him. And saving fashion. Only on cbs this morning, there she is, anna wintour explains an effort to save an industry facing global devastation. But first, heres todays eye opener. Your world in 90 seconds. We may may be reaching the point where the impact of the coronavirus is beginning to level off. The death toll from the pandemic continues to rise. Even as there are signs the spread of the virus is slowing. The mitigation weve been doing is having a positive effect but you dont see it until weeks later. Another really ugly week. 6,600,000 jobless claims. This is a savage number. And this is probably still an underestimate of what the unemployment situation is. Big news from campaign 2020. Joe biden is now the Presumptive Democratic nominee after senator Bernie Sanders announced the end of his campaign. Before you made this announcement, did anyone notify larry davi ....
Army colonel rick reskorla who gave his life on 9 11. Rick earned the silver star and the purple heart for his service in vietnam. He later became the Vice President for security at Morgan Stanley in the world center. On the day of the attack, rick died while leading countless others to safety. His selfless actions saved approximately 2700 lives. Today im honored to announce that we will soon be awarding the late rick reskorla the president ial citizens medal for his extraordinary sacrifice. Though rick has left this earth, we will ensure that the memory of his deeds will never ever be forgotten. His memory will forever endure. Thank you. Thank you, rick. Thank you, rick. [ applause ] thank you, rick. Here on the western side of the pentagon, we saw brave men and women rush into the fire and race into the scorching flames to rescue their colleagues. When evil seeks to do us h ....
Plus, nordstrom and Dicks Sporting Goods both surging in the premarket as the Consumer Sector coming off what was its best day in nearly two weeks and teslas second largest shareholder suggesting elon musk should step down as ceo. We have details. Central bankers and economists from around the world are gathering at the kansas city feds annual symposium in Jackson Hole Investors bracing for tomorrows speech by fed chair powell among the president s repeated calls for additional rate cuts some big live interviews coming up today and tomorrow from the summit our Steve Liesman will have harker in about an hour. Hes got bullard tomorrow. But we know what the minutes did to odds of a 50basis point cut yesterday. Yeah, everyone is a little talking at differe ....