Distancing. The National Guard stepping in helping survivors evacuate. Flash Flood Warning and watches for more than a dozen states. Were tracking the latest. Safe travels. The new ways to t aw rentals to renting private homes. How hotels are adjusting to the outbreak. The ceo of one of the Worlds Largest hotel chains joins us live only on gma this morning. Fyre festival fallout. Kendall jenner agrees to settle a lawsuit to pay big bucks for her role. What it could mean for other influencers. Teenage dream allstar summer. Were kicking off our concert with the one and only katy perry and getting ready for the big reveal. Who else is taking the stage this year. The legendary superstars you dont want to miss. I cannot wait to perform for you. Ill see you there. When you look at me just one touch baby i believe this is real good morning, america. Great to hear katy perry start the morning off with some music. We cannot wait to see john legend as well. A big thursday morning and, robin, wer
Figuring out whether youre for me or trump, then you aint black. Bidens push back on this question is he taking the black vote for granted . Guilty pleas. Lori loughlin and Fashion Designer husband mossimo giantheir roles in the College Admissions scandal. Their deal with prosecutors and where the full house star could be serving her prison time. And wild weather this weekend. The severe storm threat for the plains and midwest. A reported tornado damaging homes and cars. In texas heavy rains flooding roads. Robs got your Holiday Weekend forecast. Hey, good morning. Happy saturday on this unusual memorial day weekend. We have a lot to cover this morning. In the last 24 hours there are more than 24,000 new cases of the coronavirus here in the cases in the world. Just behind the u. S. Surging past russia overnight. The World Health Organization is now calling brazil the new epicenter of the pandemic. And the cdc is estimating 35 of people with covid19 dont exhibit any symptoms. Thats much
Ten states are beginning to work on plans to open parts of their economy. Maybe in may, the fed launches a commercial paper funding fa s t facili facility there is an argument that calls for stocks to retest are fading. I thought yesterday was an important day with the dave kostin change. I did a lot of work, help with larry williams, about how many times when you have a 50 retracement or more, we have a retest the answer is almost never i think theres a lot of people coming on someone came on the air this morning and said in every single case you have to have a retest. Thats completely untrue if you bounced up 50 beginning last friday thats what we did. A lot of people say this thing is based on large cap companies. Thats what we do. Were not trading luncheonettes here thats not to the detriment of luncheonettes. Were not trading hair salons. Thats not the way it works. We trade Large Capitalization Companies that do better than smaller ones in this environment. Thats life. Is it fair
Effects of most of the country is workforce staying home. Airplanes are parked on unused runways and the busiest highways are empty during rush hour. Resorts have become ghost towns. We see a sharp drop in shipping activity. The u. S. Now has more coronavirus cases than any other nation in the world. The u. S. Labor department reported a staggering 3. 20 8 million americans filing on a plane and previous week, shattering the alltime weekly record of nearly 700,000 set in october of 1982. That from cnbc. And yesterday on fox news, this conversation with Vice President pence on when the u. S. Economy will reopen. Here is part of that conversation. A very tough decision, may be even tougher than slapping a travel ban on china, because there is risk. If he opens the economy too soon, there is a risk. If he doesnt open it soon enough, there is another risk. What are you specifically looking at and basing your decision on and then formulating a recommendation to the president on . V. P. Penc
He testifying on ways to counter the problem. Good morning, everyone. The subcommittee on Consumer Protection and commerce will now come to order. Member will begin with member statements and i will begin by recognizing myself for five minutes. Good morning, and thank you for joining us here today. Given what is going on in the world, its really impressive to see the turnout that is here today, and i welcome everyone. In the the two plus decade since the creation of the internet we have seen life for americans and families transformed in many positive ways. The internet provides new opportunities for commerce, education, information, and connecting people. However, a along with these many new opportunities we have seen new challenges as well. Bad actors are stalking the online marketplace, using deceptive techniques to influence consumers, deceptive designs to fool them are you okay . Dedeputy tee signs to fool them into giving away personal information, stealing their money, and engin