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A pass from House Republicans, while congresswoman liz cheney had to fight back a challenge for her leadership post. Cheney more than survived, but the question is, whats next for Marjorie Taylor greene . Plus, new remarks from President Biden on his nearly 2 trillion Economic Relief proposal. He says he wants a bipartisan bill, but the question is, what is he willing to compromise . And democrats won control of the Senate Two Weeks ago, but they are just now taking control of the committees. The question is, how long before we finally see Confirmation Hearings for key Cabinet Posts like ....
Europe is different than america. The 12 number is equivalent to number yesterday in the United States. It is showing tension in europe as well. Friday low on this is it absolutely extraordinary . Francine i feel like we have not had a quiet newsday on a friday in quite some time. E had quite a lot of earnings quite a lot of politics with the latest declarations by President Trump, and there is just quite a lot overall in geopolitics as well, so we will get through that in a second. Thats get to the first word news with ritika gupta. Ritika good morning, francine, tom, Senate Public is want to go on the record saying they tried to restore supplemental jobless benefits to millions of americans. Mitch mcconnell is trying to force a debate on a stopgap measure for those 600 a week checks. Democrats want the jobless but onlye ....
Spend time on and we have euro area pmis coming in a touch better than expected but im not sure if it is moving eurodollar that much. 39. 80, always a good test looking at command and what it means for the world economy. Point 1764 and we look at her earnings with a couple of disappointments in the banking sector. Joint manufacturing pmi coming in at 51. 8 instead of 51. 1. Lets get the first word news with laura wright. Laura the u. S. Plans to act against a wide range of chinese owned software companies, not just tiktok. Thats the latest from secretary of state mike pompeo speaking to fox news. On friday, President Trump told supporters he plans to ban the app. Pompeo said the decision should come soon. The u. K. Is considering the worst case in a real of locking down london according to the sunday times. It would see at risk people asked to stay at home. The local government secretary says he is not aware of any specific plans ....
Nine on the s p 500. The long end of the Treasury Curve outperforming. A flatter curve. The data at 8 30 eastern. Lisa we are looking for jobless claims, as well as continuing claims out of the United States. People are expecting slight improvement in the absolute numbers, but it is not just the numbers. It is the type of job losses, more permanent, less temporary. Didnt get numbers from uber and tripadvisor. I find this interesting after hilton posted a loss this morning. Also this morning, President Trump in ohio speaking about the economy. Interested to hear what he is proposing on infrastructure spending, or looking forward, what can actually stimulate the economy, not just prop it up. Jonathan much more still to come on that. In your equity market this morning, heres the thursday morning price action. Equities lower ....
Surveillance today on television, on radio. We welcome all of you worldwide, across this nation, where the linkage, the urgency that we see within our politics and our economics is truly front and center. Get out the calendar. I believe it is 23 july, and this is a nation staggering to the first week of august. Jonathan what urgency . It is sunshine and rainbows in the equity market. In washington, d. C. , we havent seen the urgency we actually need. There are a lot of people still out of work. This market is in a lot of pain, and it is not going to heal as quickly as we needed to. In about 30 minutes, initial jobless claims set to come in at around 1. 3 million again. We need to see much bigger improvement. Tom that will be a key statistic of the week. Rule number one in the equity market is follow bonds. I continue to see yield compression, lower yields and flatter curves. Jonathan sunshine and rainbows lisa sunshine and rainbows very much funded by real yield that is negative by the ....