Inspector generals hearing on the administrations response to the coronavirus. You are watching live coverage on cspan. Who has served under four president ial administrations, both democratic and republican. It issued a the hhs ofort covering the gravity challenges hospitals have faced during the Coronavirus Crisis from caring for patients to obtaining protective gear for staff and stocking basic medical supplies. This report was intended to help policymakers understand these challenges and to help hospitals overcome them, which benefits us all. Unfortunately, President Trump personally attacked this grant for no valid reason. Andcriticisms were baseless it seems clear that he just wanted everyone to pretend that there were no challenges in our Health Care System. Of course, we all know that was wrong. Grimmm should not have had to endure these personal, senseless attacks. Nevertheless, we thank her for tolerating them with dignity washing continued serving the American People. Hsit o
Be part of that answer. Its known as the most smuggled animal on the planet. Chinese researchers found a sick pangolin carried a version of that virus that is strikingly similar to the one that has changed our world. The pangolin is a scaly mammal that hunts for ants and termites in Subsaharan Africa and parts of asia. While it may appear to be an unlikely link in the chain of the coronavirus infection, chinese researchers discovered the virus in a sick pangolin was a close cousin to the virus that causes covid19 in humans. Some genes were a perfect match, and the spiked protein used in the virus to enter a cell was nearly identical. So, how could the virus move from a solitary bug hunter to humans . In january, an elderly man died in wuhan, china after suffering from what appeared to be flu symptoms. Suspicion grew around the live animal section of a market he visited regularly where bats are sold. Julia schaletzky bats live with a lot of viruses that are just in their body for a long
About with joe, andrew and becky and the degree to which walmart can post a 74 increase in ecommerce it looks like the big guys won. You basically had them cordoned off as essential services. So many other companies, little companies, medium, small, just couldnt compete this is what happens when you have a survival of the fittest economy. This is darrwin playing out. These numbers are astounding if the stock had not run up every day, i wouldnt know what to do. Add back 60 cents for home depot and before you start selling it thats the costs they said home depot had to keep traffic back they had to hold back traffic because they were trying to do it safely. Walmart had these big stores, they were set, ready, and their dotcom, ever since they bought jet. Com has been amazing they also can do a lot of food these are Great American companies that are on fire the move in walmart is stunning ever since he decided doug mcmillan, who is on squawk tomorrow, decided to creator the earnings in ord
Is it a u . Maybe its an l. Or perhaps its a z. Or maybe its a w. Or a nike swish. We keep hearing people argue about the shape of the recovery. But this whole debate misses the point. The defining question of this market is very simple. Will we have a depression . Anything that makes a depression less likely causes stocks to explode higher thats what yesterdays rally was about. Even though we gave up some of the gains today, im calling it a consolidation day no matter what dow sinking, nasdaq dipping 5. 4 when you have a bag r big rally yesterday and it us diddant give up everything because of a Late Afternoon sell off, it is a of a kelgs. The issue is not whether well have a rapid v, recovery u, bounce the w, l shape, i dont know the l, of course, is the house of pain for ages maybe we havent started talking about the swish because of the Michael Jordan series. The market slows down dramatically all the people fretting about the shape of the recovery are getting ahead of themselves.
All of faang higher with names like paypal up 5 today. We have two bad final hours of trade over the last two sessions and we have sold off over the last couple of hours off the session highs as we stand. Ahead on todays show, well speak exclusively with Thomas Barkin on the heels of another massive jobless number why he says we may be at the bottom of the downturn he just said that on a podcast about an hour ago. Plus, former treasury secretary, jack lew, will join us to discuss the governments tuss efforts and whether cash is going to the right places and the countdown to another big afternoon of earnings. Uber, roku, dropbox and trip adviserme adviser. Well bring you all the numbers you need the know as soon as they hit were off the session highs. Dow high was 430 points. Up 206 just shy of a percent s p 500 and nasdaq still up more than lets focus on the big stories mike is tracking the market rally. Meg has the latest on moderna jumping on news surrounding its vaccine candidate, b