To stay at home. And panic buying in malaysia after take some of the most drastic steps yet as infections why. The Drug Administration is promising up to a trillion dollars to help the u. S. Economy whether the coronavirus pandemic proposal includes a 1000. 00 check for every u. S. Citizen within 2 weeks the number of u. S. Cases of the disparity illness has surged to nearly 6000 and the death toll as reached 100 family hala good has the latest details from the white house. As ordinary americans cope with the Economic Impacts of coronavirus the white house announced it was pushing congress to make a media Cash Payments to struggling americans what weve heard from hardworking americans Many Companies have now shut down whether its bars or restaurants american state cash now and the president wants to get cash now and i mean now in the next few Weeks Congress has already put forward a bill to provide sickly as well as Food Assistance to children and the elderly it still needs to pass the
Drastic steps and yet as infections wrong. With. The Drug Administration is promising up to a trillion dollars to help the u. S. Economy whether the coronavirus pandemic the proposal includes giving money to individual citizens the number of u. S. Cases of the virus has risen to nearly 6000 the death toll has reached 100 White House Correspondent kelly hall has the latest. As ordinary americans cope with the Economic Impacts of coronavirus the white house announced it was pushing congress to make a media Cash Payments to struggling americans what weve heard from hardworking americans Many Companies have now shut down whether its bars or restaurants american state cash now and the president wants to get cash now and i mean now in the next few Weeks Congress has already put forward a bill to provide sickly as well as Food Assistance to children and the elderly it still needs to pass the Republican Controlled Senate before us President Donald Trump can sign it into law. But the new propos
Later on cnbc. Rbs posts a forecast meeting profit the british lender dials down the return target for the medium term looking for the market and what feels like a good return. We believe 9 to 11 represents a good share for shareholders. And a concern the results from the coronavirus will be felt for mores well talk to the ceo later on cnbc the story that has been gripping markets, chinese Officials Say over 63,000 people have now contracted the coronavirus, while 1,383 people have died japan has confirmed the first fatality and over 200 people on board a cruise ship have been infected lets get out live to hong kong with all the action. Emily, give us the latest on what is now known as covid19, coronavirus. Thats right. We are keeping track of the developments of the virus. Here with the latest tally of over 64,000. As far as that cruise liner in japan, they are still in the process of testing 3,700 on board. For the first time in four days, they are going to start letting people off t
Cnbc interview with iac chairman barry diller we are higher be 0. 8 on the doubt stephanie link is here with us. Good afternoon. Thanks for having me. Good to see you as always. We shall rule off all the major at least, owned now that they seem behind you are theyre rallying and rallying hard apple is so incredibly impressive if that really is the case, we have up side to numbers for apple, and i think a lot of analysts will have to raise estimates. Its a great leadership group. It really is. Apple up 5. 2 so far in 2020. Lets fog focus in on the big stories. Were looking at what wall street is says courtney has a read on retail. Mike santoli has his market and if youre wonders what got us to the doorstep, not quite, its very simple. Its bigcap Technology Stocks apple a good part of the reason, moiismt the secondmost important, and, of course, a suite of semiconnect or stocks like nvidia. Tame, re that mean reversion trade . Center stocks rallied, why they were greatly beaten up. Thats
Secretary Steven Mnuchin on the u. S. Economy and Financial Stability. He talks about Digital Currency, World Bank Lending at the potential impact of Climate Change. Ready to go . The committee will come to order. Without objection, the chair is authorized to declare a recess of the committee at any time. This hearing is entitled promoting stability, reviewing the administrations regular approach to Financial Stability. I want to inform all concerned that this meeting will end at 1 p. M. Per the request of the secretary. I now recognize myself for four minister give an opening statement. So let me welcome back secretary mnuchin. Today we are here to discuss the Trump Administrations actions that have undermined and not promoted our nations Financial Stability. As ive said many times before, i am very concerned about this administrations actions to eliminate important protections for consumers, investors and our economy. It appears that our banking regulators are following that te dereg