Jobless claims news, over last nine weeks, over 40 million americans applied for first time jobless benefits this is expected to be about the worst of it. We might see an unemployment report tipping 20 or so. That could be the worst of it or at least that is the hope. Lets getted read from Jackie Deangelis following what is happening on the virus, following what is happening on the markets putting it all together. Hey, jackie. Reporter neil, with respect to a bumpy ride the markets are a little confused today. Down 50 points, this is smaller bump than weve seen in the past which is definitely a good thing. The big question has always been as states start to reopen, are we going to see a spike in cases . That was always the fear, the argument against reopening. Here is what we know, global cases topping five million but that doesnt really tell the whole story. Testing has become more readily available. More people being tested. It will look like more people have the virus, presumably be
outside the u.s. district court building in south florida with the latest. good morning to you, jonathan. good morning, steve, ainsley and brian. security is always tight around federal courthouses. buff you can only imagine it rises to a much higher level when the defendant is a former u.s. president. the washington post is reporting law enforcement are actively monitoring online threats from extremists groups. monitoring their plans for rallies in the miami area. one of them reportedly planned for outside the courthouse tomorrow. also bringing in additional officers. mr. trump has been indicted on 37 counts, related to the alleged mishandling of classified white house documents stored in various locations around his mar-a-lago estate in palm beach, florida. the charges include 31 counts of willful retention of national defense information with other charges related to mr. trump s alleged efforts to conceal the documents from federal investigators. south carolina senator
The data never suggested that. I mean, joe biden wouldnt even take a super bowl interview, the easiest one one with the biggest audience. To think hes going to go before some actual hard questions. We would ly flood the Global Market with cheap, clean, american oil and gas. You drive down the price of oil below 50 a barrel and putins war machine is done. 40 of Police Officers daytoday is apredicated on writing Police Reports and doing other administrative tasks, we think we can cut that in half. The problem with the system, americans are seeing that this is being used against President Trump. Then the trust in the system as a whole begins to collapse. And everyone loses. David that is phil colins ripping on motown. I thought that was the real motown. But its phil colins and hes still very good. Its friday, april 26th. Im david asman in for stuart varney. Check the markets. Theyre doing okay. The nasdaq is jumping like crazy over 2 , 339 point gain on the nasdaq. A lot has to do with mi
Good morning, it is 10 00 a. M. At at t headquarters in dallas, 11 00 a. M. On wall street, and squawk alley is live. Welcome to squawk alley for a monday morning, john ford and myself along with ceo terry and Senior Editor peter cofta. Good morning to you both. Our top story fairly obvious, at t buying time warner for 85. 4 million. A deal uniquely different than anything theyve done before. Regulators already raising red flags, possibly putting an end to the deal before it begins. The senate and Consumer Rights is looking to schedule its first hearing on the merger next month, and its not just washington, the competition also warning against the deal with one disney spokesperson saying, a transaction of this magnitude obviously warrants close scrutiny. Time warner ceo says the focus is vertical and mobile. We were talking about whats happening in media, all these new products like subscription v. O. D. Networks, all the increase in mobile consumption of video, and as we got into it a
From mr. Dimon. A straightforward look from ceo and president gary cone. They do go through a number of the businesses and important to find out what we all know. The big adjustments that have taken place in the business over the last number of years and that continue to effect it in 2015. Talking about of course Interest Rates many parts of the world remaining at or below zero. And goes on to say it is important to remember even if the timing and as for the businesses overall, they point out that Investment Management and investment banking, two businesses accounted for 39 of revenues last year compared to only 30 in 2012. That due in part to changes that have taken place and fixed income currency and commodities as a result of higher capital that has to be held in that business and a different mix overall thats taking place. Not that theyre moving away from income currency and commodities rights. They still remain committed to meeting the needs of their klines but they have reduced r