Up to deliver vaccines to remote areas. We start on wall street where the Stock Market Rally continues with the s p 500 and nasdaq closing at new record highs. Americas Top Companies are reporting better than expected results. The senate is inching towards passing President Biden s 1. 9 trillion stimulus package. And theres been another fall in the number of americans filing forjobless benefits a sign the Labour Market is stabilising. There are still huge problems facing the worlds biggest economy but investors believe the flow of cheap money from the Federal Reserve will keep on coming. The biggest problem isjust that we have 20 million americans who are still in some state of receiving Unemployment Insurance benefit so we still have a really long way to go on the labour front and that take quite a bit of time to resolve. But gdp and output may recover faster but it will take more time to employ that many americans. I think it means that for market, we now believe that for market, we
Billionaire tilman will tell us how he is preparing. What hes telling his teams for what could be a cold winter for the economy. Power lunch starts right now day after the huge sell off, stocks have turned higher this afternoon as they try to avoid a fifth straight day of losses the s p and nasdaq are at session highs right now. Lets go to bob for more on these markets. Bob. Chop it around a little bit i listened to the powellmnuchin testimony. I didnt see any narrative around fiscal or Monetary Policy stay at home stocks are back theres this narrative if we get more break outs in the u. S. Like we got if europe, they will be ben faeficiarie beneficiaries. All these stay at home names are doing well amazon is having great day not so the banks second day in a row they are getting clobbered. Some of the banks are down 7, 8, 9 in two days this is another serious down trend in the banks the big thing im worried about is valuations. We cant figure out what tech stocks are worth look at appl
Breaking details out of those very offices where the meetings happening. The deadly pandemic exposing a major need not just for relief, but for Contactless Payments and an economy dependent nowadays on digital retail. The ceo of Global Payments is here on his companys blockbuster new tieup with the king of online retail. That would be, of course, amazon. Frightening news from royal caribbean. Suspending voyages through halloween but weve got the celebrity chef who cut his teeth and ingredients on the high seas. Find out how Food Network Star Robert Irvine known for his brutal british edge, how hes opening his heart to help restaurants do the impossible right now. That is to stay afloat and reopen safely. Its a fox business exclusive. Hes here live. Is microsofts tiktok tango still dancing to the merger music . And that damage from yesterdays storm, it almost hit my house. We will show that to you. Less than an hour to the closing bell, lets start the claman countdown. Liz breaking news
From the bus boycott in monger, alabama until february 1, 1960, virtually Nothing Happened in the arena of civil rights. It was dead, absolutely dead, even Martin Luther king said that. In 1960 things did change dramatically in greensboro. Greensboro is the origin of all the events that occur subsequent to february 1, 1960. I happened to be there. Mcneil happened to be there. When you hear a railroad, the train is coming from far away and it is coming closer and you become increasingly aware of the track the train is rolling on. That track is what divides white from black. Thats what separates the white ghetto from the black ghetto. Its the track that heads somewhere but you do not know exactly where. And it is not really for the good of society. And before sitins, walked right across the track in the wrong direction, went to the other side. I think greensboro liked to think of itself as polite and being polite and moderate and open to different points of view. Greensboro is a town tha
Wish to seek recognition. Per House Resolution 955 resolutions and members are required to leave the camera on the entire time they are in an official proceeding. Even if they step away from the camera. Our roll call is not necessary to establish a quorum and official proceedings conducted remotely whenever there is an official receding with remote participation the clerk will call the roll to help make clear who is present at the start of the preceding. This time i asked the clerk to call the roll. [roll call] [roll call] [roll call] [roll call] [roll call] [roll call] [roll call] thank you very much. Pursuant to Committee Rule 7d Opening Statements are witnessed the chain the Ranking Member for this allows us to hear from our witnesses sooner and provide all members the adequate time to ask questions. Recognize myself a purpose of making an opening statement. Today we are examining how the covid19 pandemic is draining our Higher Education system and discussing what Congress Must do t