But before we get to that, lets kick it off with a fun crime story thats out of this world. And now that i hear that, it probably sounded like it has something to do with outer space, which it doesnt. No, its not out of this world. Its pretty cool, though. A wild chase worthy of the big screen. The suspect in a multimillion dollar ponzi scheme tried to escape the feds under the water of lake shasta. The u. S. Attorneys office says mathew percy took off in his truck when the f. B. I. Showed up at his home and eventually jumped on a sea scooter, a device that propels people up to 100 feet under water. Well, agents eventually spotted his bubbles and waited him out. When he finally came out, they cuffed him. Trevor man, there is so much i love about this story. First of all, i love how the guy had the sea scooter ready, like, he knew he was going to have to outrun the feds at some point. Thats going to be a hard one to explain to the judge. Not guilty, your honor although, yes, i did try t
Out of 5 segs laeout of 5 segs s out of 5 segs laessions last we. A lot of that potentially around the possibility of vaccines. Well talk to dr. Scott gottlieb about that pfizer already saying that its made several hundred thousand doses of its vaccine they could have 100 million ready by the end of the year if they receive approval. Lets look at whats been happening in the treasury market this morning as well last week you did see those treasury yields under some pressure this morning back a little higher yielding 0. 774 . Thanks, becky busy day ahead lets look at the squawk planner. A group of Oil Ministers are meeting today. Theyll be talking about the weakening demand and increased output by some members immediate action is expected on the economic front, fed chairman jay powell will be speaking at the International Monetary fund meeting at 8 00 eastern time then we have some earnings news. Ibm, the big name to watch its going to be reporting Quarterly Results after the bell of cou
Laura tearing through the caribbean, the hurricane now taking aim at texas and louisiana. Winds expected to top 115 miles per hour. Mandatory evacuations under way along the gulf coast right now. Were live from the storm zone tracking the very latest. Fall from grace. Top conservative evangelical leader Jerry Falwell jr. Entangled in a sex scandal. The sordid allegations emerging about he and his wifes alleged relationship with their former pool attendant. Overnight the powerful ally of President Trump, the president of liberty university. The fallout this morning. Back to School Battle. A florida judge striking down the order for schools to physically reopen siding with teachers demanding the right to work remotely. Ive chosen my students over so many difficult things but i cant put my family at risk. Measures to protect their students, and colleges cracking down, shutting down bars after scenes like this in alabama as cases climb to nearly 450 at notre dame. I had a fever. I had ches
Meanwhile Federal Reserve not even thinking about raising rates now. Fed chair jay powell saying the current economic down torn is the most severe in our lifetime. Warning containing covid is essential to protecting our health and the economy. Big tech in focus all reporting today, their earnings after the bell, ceos grilled on capitol hill yesterday about anticonservative bias, Business Practices, privacy and china. Highlights from the fiery hearing coming up. Markets this morning pointing to selloff at the start of trading. Take a look at futures indicating decline 216 points right out of the gate, s p lower by 28. Marks rallied yesterday following Federal Reserve decision. The market was up 160 points don oh dow. The nasdaq up 140 and s p up 40 points yesterday. Unrest in america with violence in major cities. And the nba tipping off today, players taking to court in bubble at disney world with empty stands, we will check it out. The ceo of fanduel is here on how the virus is impact
Printing and all the chaos and that caused the food Price Inflation and other sort of inflation that led to the arab spring today were seeing a continuation of that were seeing a paper spring as people reject even if they know it or not what theyre rejecting is this massive money printing were going to look at some of the headlines talking about what theyre rejecting what they are instinctively rejecting in this global insurrection against banks their occupation in this insurrection against paper printing and i have some of my paper here of course here heres 100 euros here is 100 euros q hey pocky have another hungry audience have sometimes you may be. Right. So why are card prevailing likelihood that the 1950000000 euros does not exist thats the headline from bloomberg they think perhaps well we looked at a bounce you perhaps there might not be any money there. Yes whats up lucky. Crap to very mean a close up my perch where through one find a stripe lucky bankruptcy is the new initial