A live update from beirut. Libyan war logs Khalifa Haftar announces a ceasefire during ramadan soon after launching another attack on. The with the sports man is set to be crowned champions in france as the Domestic League season is cancelled. With numbers just released out of the us that show the continuing trend of widespread job losses more than 3800000 americans filed for benefits over the past week well that takes the total number of jobless from 26000000. 00 last week to more than 30000000. 00 now the Unemployment Rate hovered around 3. 5 percent between december and february but in march it jumped to a 2. And a half year high of 4. 4 percent thats roughly more than 7000000. 00 people a state governments now begin to restart their economies their easing lockdown measures more than half of the 50 states including florida or partially reopen by the end of the week as the john hopkins dashboard shows at least 1000000 people in the u. S. Have contracted the virus nearly 61000 have di
As more nations and states move toward reopening, we ask what needs to be done to make it safe. We hear from Johns Hopkins university. We hear from Johns Hopkins university. Lets take a look at how we are setting up in these markets. We had mixed messages from wall street overnight as investors try to make their way through the global reopening. Asianlook at how the session is shaping up. The globaler we saw cell overnight, there could be little and the way of conviction for asian markets this morning. Futures fluctuating in the asian session. Off by slightly here. We have kiwi stocks getting grounds by. 2 . K futures in Chicago Holding on to three day ahead of a heavy earnings day in japan that will include names like toyota and honda due out later this afternoon. Today we are washing for the topics potentially push into a bull market with optimism for parts of the economy restarting. We could see wider headwinds weigh on the asia session. Checking in on what is going on with bonds, a
For 12 months and get xfinity flex a personalized streaming dashboard for all your favorite apps. Click or call today. Next at 5 00, the reality on e bay are mtrter regulations stay in place. Coronavirus and homelessness. The new crisis in a San Francisco neighborhood and the new plan to target more than a thousand tents on city sidewalks. Also tonight, from the elevator to the hallway to desk configures, we have new insight into what offices will look like when the economy reopens. Plexiglas becomes a booming business. The north bay company now creating chat changing workplace. Plus the gym of tomorrow. What Fitness Centers are doing to get you back when the lockdowns ease. Now your health, your safety, this is abc 7 news. Going to take a lot longer than people are saying. This is serious. Never experienced anything like this in our lifetime. The long road ahead. As california begins to reopen, finally, were getting some answers as to which bay area counties might move forward into ph
Phase 2 on friday. Only napa and solano counties told us they do plan to do so. San Francisco Mayor london breed explained it this way. The numbers are still going up. The number of deaths are still going up. And we have not lowered the curve. So we have to be mindful of that, and we have to be responsible when we look at ways to bring various industries back. Even as parts of the state begin phase 2, a Bleak Outlook today from Governor Newsom who said its still a long road to reopening and recovery. Its going to take a lot longer than people think. Its going to take a lot longer than people are saying. This is serious. Weve never experienced anything like this in our lifetime. This is depression era numbers in terms of the unemployment youll see across this country, not just in the state of california. Still, as we all try to get through this together, a reminder even the governor has some relatable challenges. I think its pretty obvious to you i have not had a haircut. Im a little em
Could close with an agreement to cut output. Russia says it is prepared to cut as much as 15 . Lets get a check on markets. We are seeing quite a bit of risk abbett risk appetite, given that we dont see signs of a peak in cases globally in the epicenters of coronavirus. Dax up 2 and the futures pointing to gains. The s p 500 technically went to pool territory. Bull territory. Will initial jobless claims put a stop to the rally or will they shrug off the numbers . One market is perhaps telling a different story. The dollar is steady in todays session. Gains, someg some optimism ahead of the opecplus meeting in oil. Generally a bit of a riskon tone across markets. Bloomberg first word news. Vicena former u. S. President joe biden is the Presumptive Democratic nominee for president after Bernie Sanders suspended his campaign. He thanked supporters for helping create an unprecedented grassroots movement. Stays says he will on the ballot to help democrats closer to his vision. Oil gaining a