bell. we have quite the moment here. [closing bell rings] s&p 500 straddling the line. doesn't look like a record. but we will take for the bulls the biggest run at the moment. that is pretty much near session highs. have a great day. connell: all right. it is the ticket debut. a lot going on, joe biden, kamala harris are about to make their first public appearance as running mates. we'll watch that. we expect to see them this hour. while we wait for that, we have the stock market closing today, not far from the highs. news rally driven by the tech stocks. good could be with you, i'm connell mcshane. jackie: i'm jackie deangelis in for melissa francis. this is "after the bell." inching closer to record territory. the dow 6% away from the record close. the s&p flirting with the record close as well. nasdaq up about 2% with tesla leading the charge. shares surging after the company announced a five for one stock split. we have fox business team

coverage. blake burman at the white house. hillary vaughn in wilmington, delaware. we'll start with blake, latest on stimulus negotiations picked up again but stuck in neutral, right? reporter: picked up again, jackie, going absolutely nowhere it seems. top democrats here in washington, chuck schumer, nancy pelosi, they put out a statement in the last hour, that they spoke with the treasury secretary, top negotiator for the white house today, they say it was mnuchin that initiated the conversation. afterwards pelosi took to twitter and said the following, democrats compromised. we repeatedly said we're willing to come down a trillion if they're willing to come up a trillion. clear that the administration does not grasp the magnitude of the problems americans are facing. that is the democrat take. the response at the white house came from the communications director, elissa farah. let's be clear, president trump,

not speaker pelosi who took action for hard-working americans and extended unemployment insurance for millions of americans who want to get back to work. they are talking again but going, seems nowhere again. today mnuchin and president's top economic advisor larry kudlow acknowledged that if the president wants a tax cut regarding capital gains, something the president brought to the forefront the last 48 hours or so it will have to go through congress. both of them shut down the idea that the president would do this via executive order. listen. >> we would like to take it back to 15% where it was for quite a long time because it helps jobs, investment, productivity and wages. plus, plus, but not through executive order. reporter: tax change runs through capitol hill. you can see how things are going between the white house and congress, that would likely go nowhere as well. we should hear from president trump in the next hour, 5:30 we

are expecting the president to talk. i am told we could potentially get a response to the schumer, pelosi, mnuchin talks from the president at that time. back to you. jackie: we'll be waiting for that, blake burman. thank you. let's go ahead head over to hillary vaughn. she is in wilmington, delaware where joe biden and kamala harris, the vice the vice-presidential pick they're about to hold the first event together. hillary? reporter: jackie, what is happening behind me over my shoulder, supporters are lined up. they came here to greet the motorcade carrying presumptive democratic nominee joe biden but also his pick for vice president, kamala harris, who is showing up here for the first time. next to him today at this event. what is interesting about this, harries has been an outspoken critic on the debate stage of biden's plans and policies but today, xi is going to be adopting his agenda, by

accepting his request that he be his running mate. harris clashed with him on things like "medicare for all," green newell deal and raising taxes. >> when i was attorney general of california i took on the big oil companies and sued them. people say how are you going to pay for it? that's really simple. on day one we'll repeal that tax bill that benefits the top 1% and biggest corporations of america. you've got a couple of folks who won't cover anyone. i mean not cover everyone. so they basically by their own admission would leave out 10 million people. just for the sake of proportion is about 10 times the population of delaware. reporter: that is a dig at biden's "medicare for all" plan and home state where we are today, harris is at a high school to show up with biden. i want to point out some of her ideas run further left than what we've seen biden campaign on. harris was the lead on issues like the green new deal,

"medicare for all," ideas biden has not signed on to. harris wanted to raise the corporate income tax rate to 35%, much higher than what biden wants to do, raising it to 28%. she wanted to pay for "medicare for all" through wall street. taxes on stock and bond trades and derivative actions and pushed for student loan forgiveness. making two years colleges completely free. some in certain income tax bracket. in half an hour from now. i will point out in the world we are in, the pandemic, one of the first things that the biden team put, or the first merchandise they put on their site was a face mask with the biden-harris logo, when he announced she was his pick for vp. jackie: hillary, great reporting as always. thank you very much for that. connell. over to you. connell: jackie, we'll take the event live when it begins. opposing campaign reaction and

erin perrine any joins us, director of press communications of trump 2020. good to see you, erin. we've seen type of announcements the way they play out in campaigns. the campaign gets all excited. they try to raise money. looks like biden-harris is doing that over next 24 hours. opposing campaign goes after the nominee. you guys are doing. that she is a phony. i saw new liberal handler in the ad. get all that. let me try to ask the question this way as we start off. you know who you're running against. you know who president and vice president pence up against. what is the what you want the campaign to be about? what is the single issue you want this campaign or choice to be about? >> it's a clear choice between american exceptionalism and government bureaucracy, socialist policies of the left. president trump and vice president pence have delivered american exceptionalism through opportunity, through tax cuts.

through booming economy we saw before the coronavirus. through the handling of the pandemic. you contrast that what you've seen with the choice with joe biden who is an empty vessel of the left and will be happy to go along with what kamala harris asks him to do. his policies would devastate america. repealing the trump tax cuts, that is not the way to bring america through the coronavirus virus. as president trump stood firm, led efficiently. we've seen millions of jobs come back on board as we begin to reopen safely in this country. that is a real contrast. that is a real choice. it is one that the american people need to make. it is one where they will choose american greatness or socialist principles of the biden-harris campaign. connell: the way i read it, what you're saying, somewhat backs this up, biden folks see this, we say biden-harris now, they can make it about president trump what do you think of president trump, referendum, they think they win. they're ahead in the polls for

what it's worth. you guys think it is a choice between the two, trump or hillary. if it is trump or biden that is better for you. >> we're talking about the choice between president trump and joe biden the american people will see the difference. it is stark. it is clear. you've seen president trump's leadership. you've seen what a trump economy looks like. you have seen economy looks like under joe biden. it is stagnant wages, high unemployment. a economy that is anemic. you've seen what the president trump has done. the president spent a career signing front of paychecks, building jobs an businesses in this country. biden is 50 year swamp creature who has someone on his ticket who fully believes in hike being taxes on the american people with the green new deal. i'm in pennsylvania right now. you want to talk about what the green new deal would do for jobs here? it would desnate the economy. it is a choice between american leadership an failed policies,

tax hikes and economic devastation. the choice is clear for of the american people. connell: i want to ask you about some of those states. i'm going to pennsylvania next week, looking forward to. while you were speaking erin. we flashed up numbers. average of polls of "real clear politics" in some swing states. president trump in one of his tweets said that he is leading in most of the swing states. the numbers on the screen that we showed, we'll get to the other tweet up there at the moment. we'll take that down for a second. but on the swing state issue, the numbers show the opposite, that biden is leading in most of the swing states. so what states is the president referring to, do you know? >> the president is talking about our internal polling here on the campaign. listen, we can get into the issues that exist with polling, with public polling, with sampling, with demographics, the break down these polls use because they're flawed. they still haven't figured out how to poll the hidden trump

voter this campaign knows exists. there is polling that shows over 60% of americans won't share their political views because they're afraid. that is easy to see why. so we know we're in a good spot. president trump is on the rise. we know we're in a very good spot. whether the fact his rasmussen daily poll, daily average approval above where president obama was at this point in 2012, or the fact that you saw some other polling come out today that had the likelihood of joe biden winning at same level that it had at hillary clinton in 2016. they were wrong then. and they're wrong now. connell: now, i did want to ask you, because i mentioned earlier how the idea from the biden campaign will be to go after the president personally, call him all kinds of things. even call him racist at times. that tweet flashed up on the screen earlier, the reason i wanted to ask you about that, because doesn't the president play into the hands of those criticisms when he tweets the

quote, suburban housewife will be voting for me as he did earlier today? in that tweet he says he ended this long-running program where low-income housing would quote, invade their neighborhoods, meaning the i guess suburban housewife. immediately was attacked as racist by some of his critics. what do you say? >> president trump is not a racist. what he is pointing to clearly in that tweet was a federal overreach into local zoning ordinances that wanted to be done. this president is about opportunity for all americans. his record is clear about that. want to talk about racism, talk about stoking division, look at joe biden. he thinks that black americans are monolithic group that need to vet for him. if you ain't voting for him you ain't black. he has not questioned whether his policies devastated. kamala harris, his running mate said that led to mass incarceration in the united

states. compare that to president trump who put forward criminal justice reform and 90% of those released were black americans. the contrast is clear. the media and joe biden want to try to paint president trump for something he is isn't. our job to put the facts out there. the facts are on president trump's side. you have seen record low unemployment numbers. the numbers that came out we saw almost a full percentage drop in black unememployment just last month. that is direct reflection of president trump's policies. it is direct reflection of an america first agenda. joe biden wants to separate an divide this country because as a democrat you see time again if america fails they win. president trump sees this as an entire nation. he doesn't care. connell: we have to wrap it up, erin. we appreciate you coming on. we'll have announcement, biden-harris at the bottom of the hour. erin perrine for the trump campaign. jackie: president trump talking

about getting kids back to school as researchers announce a possible break through with the virus. that timeline next. travel points at risk. we have inside scoop how to keep hard-earned miles going to waste. marijuana shops thriving in the u.s. what is behind the booming business? we're in chicago with more. stick around. they will, but with accident forgiveness allstate won't raise your rates just because of an accident, even if it's your fault. cut! sonny. was that good? line! the desert never lies. isn't that what i said? no you were talking about allstate and insurance. i just... when i... let's try again. everybody back to one. accident forgiveness from allstate. click or call for a quote today.

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connell: "fox business alert." we shift over to earnings just in from couple companies. always expectations game, see that both with cisco systems and lyft in just a moment. cisco high expectations. stock has been doing well. the company did all right last quarter, 80 cents a share versus 74-cent estimate. revenue slightly better than expected. stock down after hours by 5%. one of issues with cisco, the next quarter. revenues at the bottom of the screen seem to be declining nine to 11%. earnings it says will come in below analyst expectations. not in the last quarter but the current quarter. the next one to be reported. as for lyft, the ride-hailing company, there the expectations are lower, right? we know the coronavirus hit this company so hard.

it did lose money. lost more than wall street was expecting, $1.41 a share. revenue was better than expected. the results are seen as largely being in line or maybe even a little better. the stock there has reacted well after hours. it is up by 2%. more to come on both. jackie, over to you for now. jackie: insuring a safe and productive learning environment, surely a priority, president trump weighing in own getting american's children back to school amid the covid-19 pandemic. take a listen. president trump: anyway i would like the money to follow the student. that way you can make your own choice if the school is closed. why are we paying, if the school is closed, why are we paying the school? i rather give it to the students and parent, you do your own thing. to me makes a lot of sense. jackie: here now, dr. nicole saphier, fox news medical contributor. great to have you on, doctor. you know president trump making the case in that sound bite there, talking about the fact

that the schools open should get funding so they can sanitize and put all procedures in place. he is urging a lot of schools to open in the fall so parents can get back to work and americans can get on with their lives. the question here is all about safety. i'm curious, i know you've been following this, as the story is evolving, what you think of this snapshot in time? >> that's right. the cdc and the american academy of pediatrics continue to emphasize the importance of in-person classes. that is why president trump's initiative, the kids first is trying to come up with a path forward to safely get our children back to school but also using common sense methods to do that. there are various levels of community transfigures of the virus throughout the country right now. we're not a one-size-fits-all nation, that is for sure. we're not even a one state fits all. we have to look at individual school districts and the individual schools. but the bottom line we get to give the schools support they need to safely reopen. we also have to make sure they

have the ability to offer in person classes if they feel they can do it. we don't want them to be shackled down because of unions or any other measures or just lack of resources. so president trump and his team are working very hard. they have said they already doled out billions of dollars to make sure these schools have what they need. they are providing reusable masks for underprivileged areas. really putting out guidelines to help the schools offer in-person classes. we know long term distance learning sentences our kids to educational and developmental losses that may not be salvageable. jackie: while you're here, doctor, i want to talk about researchers at the university of california san francisco. they have come up with a nasal spray they say can come up to help prevent the spread of coronavirus. i wonder your take on that. i read about that. how quickly they may be distributed and also sort of the cost. i think they're supposed to be inexpensive? >> i love it when we see certain

headlines because it does invigorate everybody. we know we have scientists around the world doing everything we can to come up with treatments. ucsf researchers you're discussing they're working with scientists out of france. they're using nan mow bodies, we've been talking about human at this bodies. they come from animals but smaller than antibodies. what they do is block the spike protein on the virus incorporating itself into the human host. the concept of antibodies is not new. the university of texas has been working on nano bodies. they are saying it is working. it is blocking the virus from entering the host cell. but at this point it is being done in labs. we still don't have animal studies yet. let alone human trials. it will be a ways off until we see this. the good news they say it would be over-the-counter and inexpensive if and when it becomes available.

jackie: dr. nicole saphier, so much more we still need to learn. we look forward to having you back. >> thank you. jackie: connell? connell: jackie, if you're looking for a little extra boost in the morning, i guess who isn't, right? dunkin' has you covered. the doughnut chain turning some of the most popular drinks into caffeinated cereal. comes in two flavors. mocha latte and it has equivalent of 1/10 of in a cup of coffee. there you go, caffeine in the cereal. we should have this live in a few minutes from wilmington, delaware. joe biden, kamala harris, the first joint appearance of the candidates for president. they're set up in the gymnasium there. we will take you there when the event begins. we'll be right back

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♪. connell: it is a, it's a different kind of gameplan. the big 12 deciding to move forward with its fall sports schedule. despite the moves we heard about in recent days from the big 10 and pac 12 to postpone their season. fox's garrett tenney live from northwestern university with all the details. garrett? reporter: well, connell as of now three of the power five conferences are planning to move ahead with plans to play this fall. the latest of these is the big 12 which joined the acc and the sec, in making this announcement the commissioner said the conference is confident that schools will be able to keep the players safe and added our student athletes want to compete. it is the board's collective opinion that sports can be conducted safely and in concert with the best interest of their well-being. this comes after the pac 12 and big 10 announced yesterday they are suspending the fall season due to the coronavirus. the commissioner of the big 10 said right now there are just too many risks to return to the

field. >> a lot of the questions that we need to make sure that we have answered, now that we were getting closer to really going to the next phase of practice and getting closer to actually, to compete, to have competition is that they're just too many uncertainties to feel comfortable from a medical standpoint to proceed forward. reporter: health and safety are the top priorities there are huge financial implications involved with these decisions as well. one sports business expert that i spoke with said for these top schools they are looking at losses of upwards $200 million if they go ahead with canceling the season. that funding goes towards all sorts of programs at the university, including a whole lot of other sports. connell? connell: yeah it's a big, big money decision. garrett thank you. garrett tenney. jacqui? jackie: tourism comeback as one caribbean hot spot prepares to welcome back travelers with a series of new safety protocols.

we'll tell you how to keep your frequent flyer meals from going to waste as well. breakout economic start amid the pandemic. how the mayor one business is posting million dollar sales growth later this hour. we're expecting remarks from joe biden and kamala harris at my moment from their first joint appearance together. we'll bring it to you live for any amount you choose instead of buying by the share. all with no commissions. stocks by the slice from fidelity. get your slice today. stocks by the slice from fidelity. ♪ ♪ we've always put safety first. ♪ ♪

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♪. connell: "fox business alert" as we come back. we are waiting now the first joint appearance by the presumptive democratic nominee, joe biden and his running mail kamala harris. you're looking at wilmington, delaware, the gymnasium set up. we tan take the shot full before they walk out of wilmington this is high school gym nays numb. not obviously what you see because of covid-19. there would be a huge crowd. the peter doocy, they have it at half court. lecturns set up. a couple of prompters. stool off to the side. a where biden can sit. two dozen members of the media sitting inside of paper circles on the floor. to maintain social distancing. everybody took temperatures and answered a covid-19 q&a before they came back. let me go to tom bevin on this "real clear politics." he is the president there. it is always interesting, tom,

good to see you again. it is always interesting when we go through these things. we talk about them for a few days. huge story for a few days. then we're back to talking about the top of the ticket. that said, that established, what if anything does kamala harris tell you about joe biden as a presidential candidate? >> well i think in many ways kamala harris was the safe choice. biden and his advisor didn't feel like they needed to take a chance on someone else and she obviously brings a lot to the ticket, in terms of given choices he had after sort of saying he was only going to select a woman and woman of color. she has senate experience. she has been vetted but to your point at the end of the day, we're going to spend a lot of time talking about kamala harris. there will be questions about positions during the primary and differed from joe biden. she is in supporting role. she has to sing from the same sheet music with joe biden and

support his positions. what you mentioned, connell, this will be unlike any campaign we've ever seen. normally the president and vice-presidential candidates don't spend a lot of time together, they hold their own rallies to meet as many people as possible. kamala harris will be in a basement somewhere, not with joe biden, conducting interviews and doing what she can to help this ticket. there will not be conventions. there will not be rallies. it will really come down to how many people she can reach, power to communicate via how exactly we're communicating now. connell: one of the things that is interesting about her selection it, has been talked about, there was an article in real clear about it today, essentially anointed as the next democratic front-runner for president, and that race for president for kamala harris may come as soon as 2024 if joe biden were to be elected and only be a one-term president. who knows how this will shake out but even if 2028.

she is the front are upper which is noted for a vice president or haves presidential candidate but sort of unique the way this is playing out. how might that affect governing or do you think it will affect governing? >> that depends on how kamala harris approaches her job as vice president. this process took longer than the biden folks wanted it to take. why infighting and opposition research was particularly brutal because they represented different factions of the party understood, this was not just a pick in the short term to help biden win re-election, this is about the future of the democratic party. kamala harris is now positioned to be the future of the democratic party. if joe biden loses she will be presumptive front-runner for 2024. if joe biden wins and serves one term as he suggested he would do, she will be the front-runner. she is the standard-bearer for the democratic party moving forward. connell: in terms of her positions on the issues it is

interesting to hear democrats talk about harris not being left enough. they look at her criminal back ground in criminal justice, attorney general of state of california, as we talk to them on fox business all the time, some are relatively comfortable to her compared to bernie sanders or certainly elizabeth warren if she was to have been selected as a running mate, which was a nonstarter with the wall street crowd but that said, voting recordwise, this is liberal senator in kamala harris, right? >> absolutely. i mean there are a couple different rankings out there. dw nominate score and couple other things. she has the most liberal voting record of anyone in the senate. she is ranked number one or number two behind elizabeth warren. she got 100% from planned parenthood. 100% from the human rights campaign. 100% on environmental issues. she is consistently, the most liberal or one of the most liberal senators in that chamber. but to your point she also

managed to develop relationships with folks in silicon valley for example, and on wall street and have not have the same sort of radically left persona that elizabeth warren has or bernie sanders has. i think that might be one of the reasons that joe biden felt comfortable with her, putting her on the ticket because she is extremely liberal in her positions but as far as sort of personawise, she doesn't come across as quite that strident. connell: not someone who wants a revolution, right? from my experience talking to people in the business world, some are political, they're not open to voting for democrats but they will vote for the republican and look at issues like taxes and the like, we understand that. those open to voting for democrats, it seems what would throw them offs you know what, i have to get rid of the system, i have to break up every tech company or regulate every wall street firm like crazy and the sense is, i don't know if

they're wrong about this, the sense in the business community, this ticket, biden-harris is not that. not the ticket wants some sort of revolution even if the policy proposals are quite liberal, is that fair? >> i think so. that is what joe biden ran on during the primary, he was representing results, not revolution, i.e., bernie sanders is the one talking about revolution but again if you look the way biden moved to the left on policy issues, incorporating a lot of sanders campaign, you look at kamala harris and her positions she was with, she was with bernie sanders on his medicare proposal. she was with him on the green new deal. so a lot of estimate lates in terms of policy, but again rhetoric is little bit different. connell: is there a demographic she helps with? that is sometimes the logic for these picks but doesn't seem like a logical one this time around. erin perrine was on from the trump campaign, the numbers, they say their internals look better but the numbers for biden

look pretty strong within these states. some are within the margin of error, anything can happen and still relatively early, but a pick by someone thinks they are winning, biden thinks he is winning and this is the type of pick you make when you're in the lead, no? >> absolutely. if you look at the race where it will be decided, the top six swing states in the upper midwest, michigan, pennsylvania, wisconsin, north carolina, florida, arizona, it is hard to say kamala harris helps any material way there. and you know it is one of those things. biden already had was very strong with african-americans. he had problem with younger african-americans. maybe that is an area where kamala harris can help energize that piece of the base but other than that it is not clear she brings any particular slice of the electorate, strengthens that for joe biden. connell: always us media types looking at campaign, we want to know if the candidate will be on time. this time has been floating all

day long. last time we heard it was 4:40. tom, don't run. we might come back for you to wait for the event the start from wilmington, delaware. jackie: as we're waiting, steve doocy says maybe there is electricity or power issues contributing to the delay. we'll watch that closely. doesn't seem a big issue right now. hillary vaughn is in wilmington, delaware with more on this. reporter: that's right. we're expecting this event to happen moment. we know the presumptive democratic nominee joe biden is here. the pick for vice president, his running mate kamala harris is here but inside of the high school where the event is to be held, there are rolling blackouts or power outages happening. we're not sure that is exactly causing the delay. we do know there is backup generators. there is a little bit of weather rolling through wilmington, today, and a lot of lightning,

that could be causing some of this. in my earlier hit today, this event is the first debut to take on president trump in november but there is no supporters allowed inside. that's notable because biden even during the pandemic has held events were supporters have been spaced out six feet apart. they have had their temperatures taken, they have had their masks on and allowed to sit in person to hear biden's remarks. not a crowd or massive rally but today there are no supporters allowed inside. it is just the media. it will just be biden his wife jill and kamala harris and her husband doug inside today. we asked if there will be additional guests other than that. it is just the press and them waiting for their remarks. you can see behind me there are supporters. at least some spectators have been lined up outside trying to get a peek at the action. what is interesting about this, this is not something we've seen at biden's events during this pandemic. there have not been a crowd of

supporters coming out even if they are not allowed inside. that is happening today, which does indicate something is different. there is more enthusiasm, now that biden made his vp pick official with kamala harris. or they're just here excited to get a sneak-peek at the hometown hero, joe biden and his running mate kamala harris today. that is an interesting change and shift we've seen in the past few months at some of these events. jackie: hillary, thank you for that. i want to bring tom bevin back into this as we're waiting for them to step out to make these remarks. tom, something you said earlier, sort of struck me, is that kamala harris will have to march to the beat of joe biden's drum as part of this ticket. from we know of her personality, seems that may be a challenge for her. how much influence do you think she will have behind the scenes? >> well, that's a great question. we'll find out. this was part of the discussion, that raised eyebrows when chris

dodd mentioned is she going to be loyal enough? is she too ambitious? that obviously rubbed some people the wrong way. you know, the biden campaign wanted to make sure that this remains about joe biden. that is always a discussion that takes place with hillary clinton not wanting to get a vice-presidential candidate that was going to out shine you in terms of the campaign or overshadow you. so we'll have to see if kamala harris. i'm sure that was part of the discussion that took place between biden and biden's folks and kamala harris and her folks. look she has a role to play here. it is to amplify joe biden's message, to attack donald trump and mike pence and i think she knows what her role is going to be. now the question whether she ends up being a team player. again if the biden campaign or joe biden wins the election, what role she ends up taking on

because the vice-presidential role as we've seen over the course of history can be very influential or not very influential depending on what the president decides. connell: while you talk about the idea of whether, how much influence she will have but also how she acted during her own campaign, one of the criticisms of kamala harris, maybe this is a strange way of looking at it, she didn't have such strong convictions. she flip-flopped easily on certain issues. and some democrats didn't like that about her. i'm not sure, that might have been one of the reasons she didn't catch on. i'm wondering whether that in a strange way actually is an advantage for someone who is number two on the ticket. you're asked to jackie's point, you're asked to take on someone else's positions. if you're not a bernie sanders or elizabeth warren, someone really dug in your own positions you might be more effective at doing that? >> yeah, that's a great point

and she may be very suited for the role of, again amplifying joe biden's message even where there are places where they disagree but you make a good point about her performance in the primaries in terms of, you know, she had this moment at the first debate when she attacked joe biden, basically accused him of being a racist. voters paid attention to. that her support in the polls nationally doubled from seven to 15% t was a pretty significant rise over a short period of time. it was sort of a slow decline after that. democratic voters definitely did give her a look during that early primary phase, but apparently didn't like what they saw. she wasn't able to sustain that support. she lost it over time. in terms of energizing or re-energizing, i know the response from democrats across the spectrum is positive to the pick. it raises the question why are they so excited about her now and they weren't excited about her as a candidate six months ago, 12 months ago, when she was

actually running for president? connell: totally, yeah. it is really interesting point because you're right. she did not catch on after that. in fact she fell very quickly. tom, obviously they're running late in wilmington, whether power or something else. we'll bring you the comments from the former vice president and the woman who hopes to be the next vice president as soon as this event begins. quick break and we'll be right back i see an unbelievable opportunity. i see best-in-class platforms and education. i see award-winning service, and a trade desk full of experts, available to answer your toughest questions. and i see it with zero commissions on online trades. i like what you're seeing. it's beautiful, isn't it? yeah. td ameritrade now offers zero commissions on online trades. ♪

♪. jackie: "fox business alert." joe biden and kamala harris about to make their first public appearance as running mates for the white house. we're going to bring you those comments as soon as they begin. connell: as we wait for them to get their act together in delaware we head to america's windy city which is facing significant financial headwinds. prolonged violence in chicago, pandemic-related closures causing the navy pier there to lose $20 million this year. this popular tourist spot is mulling a significant set back

that jeff flock is looking at. he joins us live from the navy pier in chicago with details. jeff? reporter: connell, it's funny, on a beautiful day like today, people wouldn't be waiting for the vice-presidential pick to come out and talk. they would be here at navy pier. this is a huge tourist attraction. people coming from the city, from the suburbs. this pier would be packed. it's a pier that has been here in chicago, stretching out into the lack for over 100 years and, perhaps you can tell right now. not so much. as dutch spins around, perhaps you see. that is the case all along the pier. that has been the way it's been since the covid-19 outbreak but, more importantly, this past week, just not far from here, downtown on michigan avenue that outbreak of, well, just i would say, going to say a protest, but it wasn't a protest t was outright criminal activity by all accounts.

folks just breaking into stores, smashing windows and doing tremendous damage, not only to property but to the psyche of chicago. this is the economic engine of this city and there is grate concern right now in chicago about whether this is a city that can recover from that kind of violence when it hits you right in the place where it hurts most. we talked to the fellow who, well, he is the head of the chicagoland chamber of commerce like me, i think, shares a love of this city and real concern about what it's going to take to go forward. listen. >> people want to feel safe. tourists want to feel safe. it require as united response. the mayor, the police, the state's attorney, judges we have to come together, and the business community to get this situation under control or we will not get economic recovery. reporter: jack lavin says he remembers back in the '60s when there were riots in chicago

again around the civil rights movement. parts of the city burned and destroyed. some of those communities, connell have not come back even today. i came to the city, i shared one anecdote to you, when i came to the city, navy pier was shut down, that was back in 1981. there wasn't anything going on on this pier. since then tremendous activity. we hope it gets better, connell. connell: jeff, thank you. meantime back live now, wilmington, delaware. here they come, the democratic ticket for president, kamala harris and joe biden. let's listen live to the first joint appearance. >> thanks for being here. i wish we were able to talk to the folks outside but we're keeping our social distancing and playing by the rules. good afternoon, everyone. to me and to kamala, this is an exciting day. it's a great day for our campaign and it is a great day

over the past several weeks, i've had the incredible privilege of meeting and spending a good deal of time with a group of talented women leaders, all of whom are qualified to be president. with each one, the more i learned about them, the more i talked to them and the more impressed i was even though i knew them before. i want to thank each and every one of them. i look forward to working with them as we rebuild this country to get elected and, once we are elected, god willing. i approach this with a seriousness of purpose and of mind because this is a serious moment for our nation. we're at one of those inflection points. you've heard me say that before in our history. a life-changing election for this nation. and the choice, the choice we make this november going to decide the future of america for a very, very long time. and i had a great choice, great

opportunities. i had a great choice, but i have no doubt that i picked the right person to join me as the next vice president of the united states of america, and that's senator cam aha harris. kamala harris. you know, and it seems that people across the nation, at least at the outset,s agree with me. yesterday we had more than double our previous record x in doing so we set a single-day record for online political fundraising. and i think i know why. so i hope, i hope that you'll join us as well, those of you listening today. go to joebideen.com today. $5, $10, whatever. kamala, as you all know, is smart, she's tough, she's experienced, she's a proven fighter for the backbone of this country, the middle class, for

all those who are struggling to get into the middle class. kamala knows how to govern. she knows how to make the hard calls. she's ready to do this job on day one. we're both ready to get to work rebuilding this nation and building it better. as attorney general of the largest state in the country, kamala took on the big banks over mortgage fraud and won, took on big oil. she was a pioneer in marriage equality and tackled the gun lobby. you know, we've all watched her in the united states senate go toe to toe with trump officials trying to hide the truth, asking the tough questions needed to be asked and not stopping until she got an answer. and when none was forthcoming, it was obvious what the answer was. as a member of the intelligence committee and the judiciary committee, she's been the

center, in the middle of the most critical national security challenges our country faces. well aware, well aware of all the threats to this nation and ready to respond to them. and as a child of immigrants, she knows personally how immigrant families enrich our country as well as the challenges of what it means to grow up black and indian-american in the united states of america. her story's america's story. different from mine in many particulars, but also not so different in the essentials. she's worked hard. she's never backed down from a challenge. and he has earned -- she has earned each and every of the accolades and achievements that she has gained, many of them often in the face of obstacles that others put in her way but never quit. and this morning all across the

nation little girls woke up, especially little black and brown girls, who so often feel overlooked and undervalued in their communities, but today, today just maybe they're seeing themselves for the first time in a new way, as the stuff of president and vice presidents. in her campaign in the primary, kamala often talked about what she referred to as the three a.m. agenda, about moms and dads awake late at night in their kitchens worried, scared, uncertain about how they were going to take care of their families, about how they're going to pay the bills, about how they were going to make it, simply make it. growing up in scranton -- connell: former vice president joe biden introducing his running mate, california senator kamala harris, at a live event as our coverage continues here

on the fox business network in wilmington, delaware, doing so on a day when the stock market rally that we've been covering continued. in fact, the s&p 500 for a time traded above its record high before closing just below that. we'll see you back here at the same time tomorrow. "lou dobbs tonight" starts right now. ♪ ♪ lou: good evening, everybody. former vice president joe biden appearing for the first time today with husband new running mate -- his new running mate, senator kamala harris. the two at iowa alexis dupont high school in wilmington, delaware, and there is the vice president welcoming everyone and introducing his running mate, let's join them. >> it's going to be gratifying to see the strong, enthusiastic reaction to senator harris as our next vice president. you know, it comes from people all over the country. it's already