Possibly can to make sure that their employees are safe. They will monitor the situation and if everything goes well and everything stabilized no explosion in coronavirus cases then they could resume full operations as early as next week you might recall that on monday ilan mosque, he tweeted out to the whole world that he planned to defy Alameda Countys shelter in place by sending employees back to work and we actually we were here yesterday we showed you just how busy this location was obviously that caught the attention of Alameda County Health Officials they met what tesla officials late into the night. They will be allowed to do minimal operations. So you dont see the a parking lot and t people are coming in going there doing things like payroll and other administrative matters. But from what we understand theyre not making cars not just yet or not the way the tesla would like for that to be but ff everything goes well then they can resume operations dog do all that as early as ne
It is fascinating because the stock is up 67 , at the highs of 74 , on pace for its best day. On the hope that they may be will come up with a vaccine. Markets are so excited for the possibility of a vaccine against this virus. David not just the markets. I think all of us are excited. In the meantime weve been hearing from dr. Fauci from the nih talking about the prospects of reopening and what the risks are. Are the markets reacting to what he is saying . Abigail not all that much. His remarks are more cautious that a vaccine will be available this fall. The idea of herd immunity, not a lot of positive commentary. These are the major averages fluctuating. Not a huge reaction. I would say there is caution. One of the pieces of news on the day that weve been talking about is some degree, especially yesterday, the bond issuance. A piece of this has been on the idea the fed will step in and buy some of these credit etfs. Today is the day they start the at. Investment group they start tha
News for taxpayers who are eligible to receive a payment and to find out if any money is coming your way we get the answer from kron fours has a minute. The first wave of coronavirus tax relieve checks could soon be on the way eligible taxpayers who file tax returns for either 2019 or 2018 will automatically receive an Economic Impact paid according to the irs taxpayers who file electronically will have to do anything but take a look at their Bank Accounts to see if they deposit has been bay those who did not file electronically will have to keep an eye on their bill boxes with their checks to arrive at a later time if the irs does not have your direct deposit information in the coming weeks, the u. S. Treasury Department Says it plans to launch a webbased portal for anyone who would like to provide their Online Banking deposit information to the irs if you are a taxpayer who typically does not file a return youll need to submit one did order to get paid the payout breakdown is as foll
There are now almost 1. 6 million confirmed cases of the coronavirus with the global death toll so passing 95,000. These numbers according to the Johns Hopkins global coronavirus tracker. At the u. S. At the center of the pandemic the one World Trade Center tower in new yorks which the colors of their lights. 2 blue tonight to this part of the light it Blue Campaign honoring essential workers on the front lines in the coronavirus pandemic this comes as the state reported a record increase in coronavirus deaths for a 3rd consecutive day. More than 7,000 people in new york have died. But Officials Say social distancing and stay at home orders do appear to be working today, the Labor Department said another 6. 6 million americans filed for Unemployment Benefits last week and that to the 6. 8 million who filed for unemployment, the previous week, a staggering 16. 8 million americans have now lost their jobs in just 3 weeks as stay at home orders have force businesses to lay off american wo
Microsoft was up by about 7 if you watch this morning, dow futures are indicated up s p up by 11 and up by 55 points the treasury yield looking below where we are now the yield on the 10year last i checked weve gotten used to that 0. 8 range. 0. 7 in that area now. Andrew becky, it appears weve found a bottom we have an update on the numbers to bring to you. New york has more thans the epih more than 61,000 of those cases. New york governor made this appeal for Health Care Workers across the county to come help new york as governor of new york, i am asking Health Care Professionals across the country if you dont have a Health Care Crisis in your community, please come help us in new york now we need relief Governor Cuomo said new yorkers havent been doing well with social distancing and he implored the public to be responsible and stay home. A hospital built in central park will officially open today located in front of mount sinai hospital up in the 90s there on the east side. It hold