On the chin. Again what the experts sort of give they can taketh away. When Jerome Powell talked about the fact even with the flood of stimulus weve already seen, good idea to see more stimulus. He didnt put a dollar figure behind it. The Federal Reserve has spent trillions backing up businesses and banks by buying treasury bonds, corporate backed securities, etfs, and to back up corporate paper. That is unusual, in this particular case unprecedented. He seems to signal we are not out of this by any means. These delays in openings here as we heard new york metropolitan area, broadway doesnt do anything until at least labor day. People add up, lets push stocks down. Now there is good news though. We always want to posit that. Favorable developments on the new york state area, new york city to the point and new york area hospitalization as key level looked at closely continuing a decline has been better than two weeks. Anyway, we have David Lee Miller following all of those new yorkrelat
Or at least number of cases and number of deaths appear to be slowing. Certainly in the new york area, new york metropolitan area. Neil across the country, by and large across the globe. That does not mean cases are still increasing. It is theyre not increasing as much. Like yesterday the markets are seizing on that. That is lifting pretty much all of the major s p 500 sectors. All 11 that weve been keeping an eye on here. That despite what youre seeing happening in americas busiest thoroughfare, what used to be times square in new york, the crossroads of america, has been all but tumbleweed territory but again a lot of what youre seeing shows that right now at least in the markets maybe there is a sense those roadways will be busier and soon. There is no way of telling. Blake burman is looking what does justify or will describe what gets people out of their homes and what the government is looking at, what the United States is looking at, what states are looking at, to sort of get goi
Good morning to you, welcome to al Jazeera America. More allegations of political corruption dogging new jersey governor Chris Christie, and his chances for higher office. It began in the fall when two access leaps, a key artery between new york and new jersey were shut down, clogging the streets. The controversy stayed quiet until january, when emails and texts revealed that Chris Christies staff ordered the process. Then just a day later a contrite Chris Christie took to the airwaves for over an hour denying any personal involvement and apologising for the actions of his staff. Jersey city mayor was next to climb in saying the governors staff blocked a request to the Port Authority and cancelled meetings because he refused to support the governor. And dawn zimmer says Chris Christies administration is withholding sandy money because she didnt support a development backed by a company politically connected to Chris Christie. As new jersey governor Chris Christie visited the Sunshine S