To try to get there first and that sort of thing so im hopeful we will very much try to learn as much as possible from that facility and from all the other ones too we have a lot to learn here. So well certainly be trying to do that. In terms of fiscal concern, so, you know, for many years ive been before the fed i have longtime been an advocate for the need for the United States to return a sustainable path from a fiscal perspective at the federal level. We have not been on such a path for some time, which just means that the debt is growing faster than the economy this is not the time to act on those concerns this is the time to use the great fiscal power of the United States to do what we can to support the economy and try to get through this with as little damage to the longerrun productive capacity the economy has possible the time will come, again, and reasonably soon, i think, where we can think about a longterm way to get our fiscal house in order, and we absolutely need to do
But im good and im back. Tom we are thrilled that you are back, and this illness is something, whether it is the flu or covid or whatever. Betsy grace at Morgan Stanley yesterday, and she said she is focused on the original moment we had in earnings yesterday. We will see that with j. P. Morgan and wells fargo. As you mention in your opening, the major thrust here, country to country come is on lockdown, and if and when anybody can really wish country to country, is on lockdown, and if anybody can relinquish the quarantine on society. Francine we will have a full round down rundown on the possibility of a vaccination, but we are nowhere near that yet. We also have to look at antibody testing. Lets get to the bloomberg first word news in new york city with viviana hurtado. Viviana President Donald Trump hopes to reopen the u. S. Ahead of schedule. The president saying within days the administration will issue guidance for governors who want to relax social distancing practices. The pres
But the few we do have, they need for their families. Governor gavin newsom announced rightly that the state is open to the restaurants a lifeline by cooking for seniors. For restaurants to start rehiring people, or keep people currently employed and start preparing meals, three meals a day, seven days a week. And have those meals delivered to our seniors. State in fema emergency funds will pay about 66 a day for three meals. Restaurant owners like the idea but say they need to read the fine print. When you deliver food theres additional cost than just the food. You have the delivery, the gas. Business is hungry for details on how to apply will have to wait to read the states as local jurisdictions will handle the rollout with a focus on independent restaurants. But the governors announcement that some counties off guard without the infrastructure in place and awaiting details in which restaurants qualify and how they will be selected. It can definitely help our the senior programs we
Jazeera where every. On a frozen road traveling through the high plateaus of kyrgyzstan a small truck is on the move. In these extreme conditions the truck is beginning a long journey to deliver mandarin oranges to remote villages. The fruit is highly prized as a symbol of good fortune in neighboring tajikistan. But to get to the villages the drivers must risk their lives on. Shuras wrote. Located in the heart of central asia. Is kurdistan 2nd largest city. After nightfall to drivers stock up on supplies. They bought expensive chinese mandarins from a local trader and hope to sell them for a small profit in neighboring turkey just on. The truck is loaded with cases full of the fruit. Of. The drivers wrap the mandarins in a blanket to protect them from the cold. They chop off their load with a few sheets of plywood. The loading completed they head off into the night. So what. You should you sure do sure. Is the driver and mechanic who won the senior of the 2 companies. They pray for a s
Welcome everybody. Our breaking News Coverage of the market continues now welcome once again to my kitchen. Big rally to end the week on wall street. The dow up about 400 points right now on reports that coronavirus patients are responding positively to a gilead drug. Its tale of two dow stocks today. Boeing surging as it gets ready to resume airplane production in Washington State apple is sinking as Goldman Sachs says the stock could fall as much as 20 on lesser iphone sales. Crude getting crushed. Just how low can oil go . What happened with all those production cuts. Kelly. Welcome. Over to you. Thanks so much. We have full Team Coverage we have a rally, kelly. Its getting harder to push it forward. Were now pushing up against the 50day moving average for the s p 500. Sectors that are most beaten up this week are doing well we highlighted this all day. Finally small caps out performing banks out performing home builders, industrials oil down as much today even the energy stock is r