Back at this particular moment and talk about facebook the inside story couldnt be more timely. I am just going to start off we have a lot of places to go with this kind going to start with something timely. This morning as we came to the show you heard about the hacking of her and the fact trump has gone to facebook to get his message out. Facebook got a lot of criticism for things over the years and i actually wrote a column recently about why Mark Zuckerberg hasnt fact checked. Tell us about your relationship with facebook and free speech. Im going to throw a big question to launch this off. Guest it is good to be here again with some virtuosi. Like a lot of things you cannot just tease out any one problem of facebook dna in its origins. In the case of trump obviously it wasnt something they talked about but by the time the campaign got rolling in 2015, this became an issue for facebook blather on top of the way that it dealt with controversy and it first came out in 2015 when he po
Andrew is out, so i have to find a way to annoy you what you asked for. Your birthday is tomorrow, right . Tomorrow, not today tomorrow. Its friday. Everybody deserves to be embarrassed. Well do it anyway this is the last day youll be 19 23. Exactly. Anyway, lets check out the futures this morning as joe mentioned, youll see the dow down slightly by about 26 points s p down by four s p off by eight getting ready to wrap up another week the dow up by 2. 5 over the last four days. S p is higher. On track for a Third Straight positive week. A little different story for the nasdaq tech has been on an incredible run. Many of those names have pulled back not by a lot nasdaq down by 1. 4 this week. If you are watching it, the index is up nearly 17 for the year thats about 58 above the march 23 low and above the march intradate high we hit on monday. We are continuing to watch that. The 10year is the one we watch so closely it looks like the 10year is sitting at the 0. 604 . The bottom level o
Billion went toe m of their surg spouses received checks they cannot cash. Anna warmer has more. Tough couple of years. Ian davis lost his wife, a 32yearold mom and singer. She died in surgery related to kidney problems in february. I miss everything about her. Not a day, not a moment goes by that i dont think about her. Her laugh, her joy for life. Now davis, who had been caring for his wife full time is struggling to find work. Hes staying with family along with his 5yearold son. Inform may he thought he caught a break when a stimulus check arrived for he and his wife. When he went to the bank. What did they say to you . Cant do anything. Even with a death certificate, they said they cooperate do anything to cash it. Jenny faced a similar problem. Her husband died march 21st, possibly of covid19. She also got this joint check for herself and her husband that she, too, had trouble cashing at ou hused. W s dont. Jane oversees at the Government Accountability office. Irs maybe the initi
In may, it was revised to a gain of three million jobs. Initially a drop of 2. 75 million was reported for may. Thats a huge revision and a very bullish sign that the economy is ready to come back once it reopens. Also, by the way, we get the jobs report for june tomorrow. A gain of three million jobs is expected as the nation begins to open up and by the way, larry kudlow will join us on that very subject tomorrow morning. Do not miss it. We are seeing a battle, meantime, between government and business once again as cases of the virus rise in some areas. In houston, the mayor putting several businesses on a socalled wall of shame on the citys website after they defied lockdown orders. Those businesses, all bars, by the way, not happy at all. In arizona, a gym owner is suing the state over the order to shut down again and is vowing to remain open despite those orders from the governor. Confrontations are arising. Another battle as we head towards the long Holiday Weekend, whether or n
Heres the markets performance this thursday morning. Not paying much attention to those jobless numbers. We are going to be down pretty much across the board. The dow industrials on the down side to the tune of 200. The s p down about 20. The nasdaq, not much of a loss there, down 12 points. Now, ive got some negatives to lay out for you. This may be a negative. Several states report big spikes in virus cases following their reopening. Its the second wave worry. Number two, medical authorities in beijing say the new outbreak has been controlled, their words, but virus statements out of china dont have much credibility with investors. Heres another one. This is not helping. The European Union will go ahead with its plan to tax big American Technology companies. The u. S. Has withdrawn from those talks. This too might be hurting investor sentiment. John boltons book, very negative on the president. Bolton says that everything he does is geared to his reelection and that includes shifting