Peters, and delivering the opening statement, a minute to acknowledge the United States passed another milestone that we have lost 200,000 americans to covid19. Our hearts go out to their families, husbands and wives, mothers and fathers, children, grandchildren and grandparents. Americans everywhere must fight to stop the virus from spreading, to protect millions more from experiencing this loss. As members of congress we will go to republicans, all united to be our part. We turn to opening statement, unlike every hearing, in the u. S. Congress economic committee, simply explore economic issues. We will focus on Public Health. With the closing of coronavirus is in march causing unemployment in april, democrats reset some of those Public Health experts in the country. Two all two nobel prize laureates, 5 former chairs of the president s council of economic advisers and 3 were president of the National Economic association over 2 dozen in all. Every one of them have the same urgent mess
Can help you make the most of today. Mutual of america financialgr p, Retirement Services and investments. Adtional support has been provided by and by thE Corporation for public broadcasting, a private E Corporation funded by american people. And pbs station from viewers like you. Thank you. Sreenivasan good evening, and thanks for joining us. This is our cond month bringing youhe news from remote locations. New york remains under strict social distancing ree lations, and ty is still the epicenter of the coronavirus pandemic in the United States a the search faccine, for medications to treat covid19 patients, and methods to trace contacts and test millions more pedeople, are ay. But, the world is facing an enormous crisis. Lets get started with todays top news. Announcing plans to loosenan restrictions on the use of public spaces and to reopen businesses this weekend, as the number of confirmed cases of covid19 in the u. S. Grew to mo than 705,000, with more than 37,000 deaths. Teeans
Lauren simonetti watching the markets. Edward lawrence also in d. C. , and Jackie Deangelis in new york, but on the markets, lauren, we start with you. Lauren what a day, right . Oil saw the biggest gain one day ever, up 25 . Closing just over 25 a barrel. Energy stocks rising in a big way. What happened . The president said russia and saudi arabia appeared close to a supply cut, taking oil off the market. We dont know if that will happen, if they actually agree to it or how much they will take off the market and where exactly they will put all of that crude because think about it, were not using very much right now. So supply is certainly out there. Anyway, great day for the price of oil. And with that, some of the big Energy Stocks as well. The oil news helped investors brush aside the news we got an hour before the market opened this morning. That showed last week 6. 6 million americans filed for first time unemployment insurance. 6. 6 million. If you add that to the week before, we
Surveillance video shows was tossed in the back of a car that drove away from campus. In santa rosa, im leslie brinkley, abc 7 news. Thank you. At 5 30 tonight we are expecting to hear from pg e as it continues to look at whether to turn off power to 200,000 customers in Northern California. We will carry that News Conference live for you here on abc 7. Now, in the bay area parts of napa, san mateo and sonoma counties could be part of that shut jo shutoff. In Sonoma County pg e says more than 28,000 customers could be affected in parts of these questions. Annapolis, boyes hot springs, cloverdale, fulton, geyserville, glen ellyn, guerneville, healdsburg, kenwood, lockerfield, santa rosa, sonoma and windsor. In napa county, 7500 people could lose power in the cities of angina win, calistoga, deer park, lake berryessa, napa, oakville, hope valley, rutherford, st. Helena. In San Mateo County the cities of emerald hills, Half Moon Bay, la honda, loma mar, pescadero, Portola Valley, redwood
And weve got to fight for decency. And im an optimist. On the glass halffull guy on most things, and we are going to be fine. America is going to be fine and ill do my best i can promise you that. But you have to do yours, too. Because again this whole thing is a bill from a peer down. It is build from there to the top. We work for you. You dont work for us. Thats kind of my [applause] we will call her up like a lady. Hi. My name is brenda. Ive been a caregiver for nearly 10 years. My husband has younger onset alzheimers disease. Might 89 yearold mother lives with me. She is alzheimers as well. Im one of 65000 alzheimers caregivers in the state of New Hampshire. One in five medicare dollars is spent on caring for someone with alzheimers disease. The projections are by 2050 thank you. [applause] by 2050, the projections are by 2050 28 million baby boomers will have alzheimers. I know firsthand the pain of seeing these people slip away. I know firsthand the financial burden this carries