New york newsroom. With news breaking, hillary. We start with you. Reporter connell things are quickly moving on the hill. We started this morning essentially a victory lap in the senate, announcing republicans and democrats on the senate side reached a deal. Since then the deal has come off. We heard from four republican senators say they cannot support the bill as written because there is a provision in it, either a drafting error or something put there on purpose would essentially make workers, make more money out of work rather than in work based on, additional money they would receive from taxpayers as part of this plan. This bill pays you more not to work than if you were working. Very few people are going to turn down a 24hour dollar deal not to work. To work for 15. Reporter four republican senators, senator lindsey graham, tim scott, rick scott, ben sasse are coming out speaking against that part of the bill. Senator Bernie Sanders calling those four senators out by name, if t
Any minute now Vice President mike pence is holding a Coronavirus Task force meeting at the white house. As number of confirmed cases continues to rise across the globe. With at least 73cases right here 738 cases here in the u. S. Well bring you any headlines from the meeting this hour. Fox Business Team coverage. Blake burman live at the white house. Deirdre bolton is on the floor of the new york stock exchange. Phil flynn is watching the action in oil at the cme. Edward lawrence is on capitol hill. Deirdre, well kick it off with you. 1100 points on the dow is worth something. What a crazy volatile day. We closed at highs of the session which always makes people feel good especially in light of what happened yesterday. This idea President Trump is considering or launched the idea in a meeting this afternoon of zero payroll tax cut for the rest of this year. Certainly giving us a added boost to the markets if you like. As far as the groups that really supported the markets the most, yo
This hour. Were waiting possible new comment from President Trump this hour. The president set to depart the white house shortly, make his way to new orleans. He is attending College Football National Championship game this evening. Well bring you any remarks from the president , if he stops to speak to reporters on the white house south lawn. Plus protests raging in iran. Third straight day weve seen this. Antigovernment demonstrations. Reports of forces firing live rounds and tear gas. Target, how it is what it means for your store. Melissa Edward Lawrence and blake burman are live at the white house. Edward, starts with you. Reporter melissa, a feeling of glee of folks in the trade circles i talked with the signing of the trade deal expected to happen on wednesday. The chinese delegation is now here at the hotel in washington, d. C. The one, the chinese are expected to sign that trade deal on wednesday but two, tomorrow the chinese delegation will meet with u. S. Businesses to try t
S p 500 closing for record territory the second time this year. Nasdaq leading major averages with a third record close. Any minute, President Trump is set to depart the white house, making his way to battleground ohio for the first Major Campaign rally of the year. Well bring you any comment from the president , if he stops to speak to reporters. We have fox Business Team coverage. Blake burman at the white house. Gerri willis on floor of new york stock exchange. Edward lawrence in minneapolis. Phil flynn is watching oil at the cme. Lets start with, hmmm blake. Reporter here in washington, u. S. Officials believe iran shot down the uranium Airlines Flight that left iran and crashed in minutes. Officials say they believe iran shot the plane down with surfacetoair missile and did so by mistake. One official telling fox of iran, quote, they just screwed up and it is tragic. Iran of course first blamed the crash on technical issues on that boeing 737 but President Trump today echoed the s
Gerri willis on the floor of the new york stock exchange, blake burman at the white house, and susan li standing by in the news room, make we start with you. Having just emerged from the west wing deirdre and melissa let me lay out the facts right now that we know it. We know that President Trump has been meeting with his trade team or at least met with his trade team earlier today to discuss a way forward whether or not that they would go forward with the december 15 tariff and other options relating to china. At this point, we do not have an announcement from the president from the white house, or any other branch of the u. S. Government there is a phase i trade deal ready to sign between the u. S. And china. Also we havent heard from china anyone with the Chinese Government say that there is a deal to be signed either. We await that. Having said that though i can tell you speaking to one source familiar with everything that has been moving here especially in the last 24 hours that s