Truckers, essential to our daily lives, are finding their lives harder and more dangerous than ever before. And streets of silence. As new york continues its unprecedented shutdown, well take a ride high above the city to see the shocking changes before and after the restrictions. First, we begin this morning with a look at todays eye opener, your world in 90 seconds. Weve already built sufficient Testing Capacity nationwide for states to begin their reopenings. Reporter the white house and states are clashing over whether theres enough tests to go around. The emphasis that weve been hearing is essentially testing is everything, and it isnt. Its the kinds of things weve been doing, the mitigation strategies. Reporter President Trump fired off several tweets taking aim at new yorks response to the virus. For him to say to anyone, well, you relied on projections and the projections were wrong, your projections, mr. President. Reporter the u. S. Stock market continues to bounce back after
A refugee camp are risking the lives of so many and when art imitates life more of us staying home streaming services are seeing a rise in demand for pandemic related content. And sport the head of european football admits that many european seasons may never be finished Alexander Safran says if no play is possible by the end of june competitions could be declared void. So the official coronavirus numbers out of spain are rising again this sunday and really at an alarming rate there were 832 people who died on saturday and now a further 838 have been reported making it the countrys worst day so far all told it means were looking at over 6 and a half 1000 deaths in spain since the start of the outbreak with nearly 79000. 00 confirmed cases for the record that is the 2nd hardest hit nation now after a win more than 10000 people have died china is well lets talk about that authorities there are warning of a 2nd possible wave of corona virus infections theyve reported more than 300 new cas
Agencies say on sanitary conditions at a refugee camp risking life. And run on it imitates life with many of us staying home streaming services see a rise in demand for one democrat lated content. And sport the had a european football admits that many european seasons may never be finished alexanders friend says if no play is possible by the end of june competitions could be declared void. Well its now 1500 g. M. T. And we start in the United States where corona virus infection and fatality rates are rising fast and now the countrys foremost Infectious Diseases expert has given his project prediction of just how bad things will get dr anthony felt she says they could be between 10200000 deaths in the u. S. And millions of cases he authored the prognosis as the federal government considers rolling back some containment measures well in europe spain recorded and another 838 deaths on saturday thats a new high its infection rate however was loa and china which has been reporting significa
Year can it keep rolling on mad moneys jim cramer is with us for the hour the Halftime Report starts right now. It is great to have you with us on this monday. Our Investment Committee today, joe terranova,ster know, and jon najarian and cnbcs jim cramer, host of mad money. Always great to have jim on the desk earnings economy and Rate Decision front and center and President Trump firing off on the fed once again tweeting that the fed raised rates too early and too often and said a small cut isnt enough meanwhile janet yellen giving her thumbs up for a cut. Although the u. S. Is doing well, i would be focused on wanting to keep it doing well, to keep the expansion on track, and i think in light of the risks, i would be inclined to cut a bit. I wouldnt see this as the beginning unless things change, of a major easing cycle. Cnbcs senior economics reporter Steve Liesman is here as well to give us his two cents and much more, i hope. Its a foregone conclusion in terms of what the fed will
Beyond meat down big lets get more on beyonds quarter. Beyond meat shares taking a dive as you mentioned after the Company Announced a secondary Share Offering shares slip more than 11 after the company made that announcement a secondary offering of 3. 25 million shares which increases its float. That could boost short seller interest in the stock which prior to earnings was a 16 of the float. Keep in mind that number itself was a bit inflated because the company is still in its lockup period the company mentioned on the call it cant comment on the secondary offering due to regulatory requirements. Beyonds worst to date was on june 11th when it lost more than 25 . The stock is still up a little less than 700 since its i. P. O many analysts were focussed on the companys top line growth. Beyond attributes its top line beat to a number of factors, including new partners and increased demand from existing partners we are using our advantage to drive, continued expansion in retail and Food