Big tech is seen as a haven and growth play because they continue see demand for their products and services and have sheet to write out this disruption. Havens are in favor. You can see 68 basis points. The dollar edges higher for the fourth day in five. Indexes are coming off their lows. There is still a lot of trading day to go, but by the dip but buy the dip seems to be in effect. David another narrative we have been seeing is a divergence between mason street and wall street between main street and wall street. When will we see something that might help main street . Scarlet that will be critical this week, especially with jay powell speaking to congress. That will be a big issue, especially since you see data like interim manufacturing come in better than expected. We also get retail sales as well as Industrial Production on tuesday. Housing starts on wednesday. Housing has been doing very well in this economy as Mortgage Rates have come down and a lot of people are looking to re
Balance the top court hears a final arguments to a new power sharing deal. So the search for a Coronavirus Vaccine has been given a massive boost to leaders from the e. U. And other nations have pledged pledged billions of dollars for Research France germany and canada are among the nations that made pledges during an online donors summit norways Prime Minister says its regrettable that the u. S. Was not taking part World Health Organizations director general says just developing a vaccine is not enough. Because to me it is a measure of success and not be how fast we dont bend or to lose it will be how quickly we can distribute them none of us can accept a world in which some people are protected while islands remain exposed this is an open to needy not only to defeat a common enemy but to forge a common future. Lets be not a gentle joins me now from oxford and joe what are we expecting from the said pledging conference. One of the hope is nick that they managed to get together all of
Originated in a lab in hand calling on washington to provide evidence also. Why this doctor and others in canada are unable to join the fight against covert 90. Welcome to the news the search for a krone virus vaccine has been given a massive boost leaders from the e. U. And other nations have pledged billions of dollars for research and Video Conference including president s prime Ministers Health officials and donors is aiming to raise 8500000000. 00 to speed up the process the United States where nearly 70000. 00 people have died didnt participate the World Health Organizations director general says just developing a vaccine is not enough. To me you measure all sense and not be how fast we go down or to lose it willy. We can deceive you. None of us can answer oh world in which some people are. Why it was made. This is a point to see not only to defeat a common enemy but for its Common Future of war this im joined now by our correspondent jennifer lee joins me now from the city of ox
We do know some options that they have. Well explore that a little bit later. Meantime, i was telling you about a lot of depressing economic news. Latest home sales are expected to fall at least 15 this year. That adds to a string of stunningly weak numbers. I say stunningly weak. Wall street was bracing for some bad numbers but to connell mcshane, i dont think they were bracing for this bad. To you, my friend. Connell i think that is the point, neil. In many ways to your point what we learned on both the economic front and when it comes to earnings is soar of confirmation what we already knew. That this economy, thanks to the coronavirus inspired shutdowns is in very rough shape. But when you look at things like retail sales and drop we saw there, this, is even worse than we thought. I mean the largest drop that weve ever seen in retail sales on a monthly basis. So thats march. Economists know april is likely as bad or worse. This comes from the commerce department, only been tracking
Own staffs all about free speech being open to debate and discussion. By their welcome to weekend world updates from the r. T. International in moscow my names colleen bray 1st for you this saturday then the u. S. Media is already pointing fingers east this time going after the democrats front runner for the 2020 president ial election the Washington Post claimed through unnamed sources without evidence that Bernie Sanders is receiving russian help for his campaign and that hes been informed of it it was not clear what role theyre going to play we were told that russia may be other countries are going to get involved in this campaign and look heres the message to russia stay out of american elections feel the burn. Well that standoff between sanders and bloomberg is apparently creating yet more turbulence in the blue camp well many have democrats and Many Democrats who have been left concerned that donald trump will walk over any democrat nomination in november now the New York Times c