Abc 7 news desk. Breaking news at the live desk this morning. A cruise member from the grand princess cruise ship has died. Sky 7 is flying over the cruise ship right now. We want to get you that so you can see the area. The crew member died in a San Francisco hospital after being tra transferred off the ship last month. Hundreds of workers remain on the grand princess docked at its home port in the San Francisco cruise terminal. 14day quarantine ends tomorrow. A coalition of unity groups and experts will hold an Emergency Press conference later today. Theyll be talking about worker safety, as well as testing. Reggie, ill send it over to you. I had forgotten that that ship is still here in the bay area. Bay Area Public Health officials are now recommending that you wear a face cover when youre out in public. We are talking about cloth face coverings, not the n95 specialized mask that people in the hospitals need. Amy hollyfield is live in walnut creek with more on this. Amy . There hav
And minnesota. How the dose of the virus youre exposed to may affect you. Feeling the financial pain. Nearly 10 million americans filing for unemployment in just the last two weeks. My family, my boys and my wife and kids, you know, theyre my number one concern. Now millions facing a potential loss of Health Insurance. What you need to do right now. Three ways to restructure your finances. No longer stranded at sea. Those two ships with hundreds of sick passengers have finally docked in florida. But some still quarantined on board. Were there live with the latest. Race for a treatment. The doctor from that hit docuseries pandemic now claiming hes made a hopeful discovery as researchers all over the world come together like never before to find a cure. And heroes and hope. [ applause ] First Responders and doctors cheering each other on and the patient whose wife says he was knocking on deaths door surviving covid19. Reuniting with his family for the first time in 23 days, now home from
Going on the president announces a travel ban but the lack in detail and large scale coordination is rattling the markets on the legislative side, theres little agreement on how u to move forward on any relief and just this afternoon, the fed announced a massive injection of liquidity into the market. It briefly shocked stocks higher but now weve drifted back down towards the lows o the day a number of big interviews this afternoon. Jack lew on the economic response cmes ceo, terror ki duffey on ty and ben is the former ceo of sprint currently sits on board of jet blue hell join us to discuss the pain thats being felt in the travel sector, and zoe, does it hurt we are all over this massive market sell off. Charlie from Ariel Investments is with us for the hoyer hour. Meg is tracking all the new details on this coronavirus outbreak and elan is in washington with the latest on the house stimulus vote. First, the new york fed just announcing that massive liquidity injection. Cnbcs senior
Income we will be joined by mohammad al aryan and minor the Dow Jones Industrial average right now is off by 1 . A loss of 280. The s p down by three quarts of one ten year note yield it is up a slight amount right now. But it was as low as 1. 02. We are keeping an eye on all of that steve as we try to make sense of what happened today and the 50 basis point cut, the largest since 08. You say it was meant to be a surprised but you werent . I dont think if you were paying you should be surprised lets look at the ill at that of the tape friday, unscheduled announcement by the chairman where he said he would use all the available tools and the fed would act as appropriate. That was one yesterday, comments from perota, from la guardia are the ecb, comments from the imf and the world bank along the same lines. We learned about the g7 meeting. This is exactly what you would expect if you went back and look at how these things work, scott there was a complaint earlier this morning in one of t
Cdc calls for stronger restraints to stem the coronaVirus Outbreak youre watching a special edition of squawk box. Good morning, everybody, im becky quick. Joe kernen and Andrew Ross Sorkin are live at times square. Youll see the dow futures, the s p futures, nasdaq across the board limit down after weve seen what the feds reaction is and wait for the market to open. Well watch the etfs, those are not capped at 5 down. You can see what the action would be right now the dow etf is trading down by 8. 9 s p 500, etf trading down by 8. 8 these are the things youre watching very closely. Last night the fed took Emergency Action cutting i its benchmark Interest Rate from 1 to near zero, and other attempts in an attempt to stabilize the market buying 700 billion in mortgagebacked securities they are also activating swap lines, in an effect to calm lines. More from Steve Liesman in a moment. Other news out of washington today, the house passing emergency coronavirus aid legislation including f