Rise. Without continued vigilance, well again create the conditions that led to us being the worst affected country. How many deaths and how much suffering are you willing to accept to get back to some form of normality. Economic adviser larry kudlow. And Liz Ann Sonders and Neel Kashkari. Top pharmaceutical executives will join us on the latest search on covid vaccines and treatments and all of the weeks politics with Chris Christie and rahm emanuel on our powerhouse round table. Announcer from abc news, its this week. Here now, chief anchor George Stephanopoulos. Good morning and welcome to ek that set somef e worst records ever for the rnin 20. 5 million americans lost their jobs in april, tentimes the record set in 1945 when the country demobilized from world war ii. The Unemployment Rate jumped to 14. 7 . Just three months ago, unemployment was at a record low of 3. 5 . And as stunning as those numbers are, they dont capture the depth of the damage, adding workers looking for full
And later, this mothers day, a woman whos always on the front lines. She saves peoples lives. Reporter do you think your mom is a superhero . Yeah. I love her so much. This is the cbs weekend news. Donaldson good evening. Im Bob Donaldson at wttv cbs 4 reporting in indianapolis. Happy mothers day. We begin with new warnings about the virusinfected economy. Today, the trump admininistratin said the number of unemployed americans could get worse. Also today, new projections show coronavirus deaths in this country could reach 137,000 by august. Illinois, arizona, florida and california examples of states where cases and deaths going up faster than expected. Even the white house, one of the worlds most secure buildings, is not immune from the virus. Nikole killion begins our coverage. Reporter the president s Economic Team warns things could get worse before they get better, and they insist its important to reopen the economy safely, even as more Administration Officials self quarantine. O
Toefing on their efforts combat the coronavirus pandemic. Here is the director general. Evening,orning, good good afternoon everybody, and thank you for joining this briefing. We have a very special guest we are honored to have with us. Thank you very much and good morning. Good afternoon. Good evening, wherever you are. Ago, who six months and signed an agreement to Work Together to promote health football. What weot know then know now. Emergenew virus will that would bring many parts of society to a standstill. The beautiful, beautiful game itself. Matches have stopped, but our collaboration has become even more important during this difficult time. It has given us the opportunity of working together more closely then we imagined with fifa. Football can reach millions of people, especially younger people that Public Health officials cannot. Today, it is my great pleasure , thelcome my dear brother president of fifa, to talk about our joint campaign to pass the coronavirus. Ck out thi
Concern spreads from italy to iran, but the World Health Organization says the outbreak is not yet considered a pandemic. The business case. Mastercard and United Airlines, the latest companies to issue profit warnings amid the operate. And, sticking to the script. Cleveland fed president Loretta Mester says the virus is a threat to the u. S. Economy, but does not justify a change in rates. Just under one hour away from the start of cash equity trading across europe and in the u. K. Lets take a look at futures after the big drop yesterday. We saw in some cases the biggest slide in european stocks since the brexit vote. As a result, we see a bounce in futures today. Maybe investors saying it is time to buy in the dip. You can see that dax futures are up 8 10 of 1 . U. S. Futures are also showing gains today after the biggest drop in two years on the s p and dow. You can see we swap over to u. S. Futures, they will be showing green arrows as well. Lets take a look at whats going on in te
Gear up for their ninth debate set to begin in just a few short hours. We have a live report from las vegas. Good evening. Im david. Thank you for joining us. Joining me on the panel is steve warr steve forbes, liz. [inaudible] the push for the left take center stage. Bernie sanders is surging to a doubledigit lead with joe biden numbers tumbling. Peter ducey is there with what we can expect tonight. David, the big buzz in las vegas that you can h see here is the debate debut for bloomberg. We have not seen him alongside the top democratic hopefuls yet but the campaign is starting to signal what they want to say and who they want to go after. Mike has what every candidate should have, passion matched with principal. The legacy extends well beyond the five boroughs so, joe biden has a very long record, obviously but so does Michael Bloomberg. The fact of the matter is. [inaudible] [inaudible] joe biden might not be the name to be according to the Bloomberg Campaign there is an internal