Best friends get through the quarantine or, is it the other way around . Put your mask on. Announcer this is the cbs overnight news. Good evening. Im lesli foster reporting from wusa 9 in washington, d. C. Small businesses and banks are getting ready for a mad dash as the new Coronavirus Relief program rolls out tomorrow. The first fund ran out of money. Deaths from the virus in this country now top 54,000. But things are improving slowly. At least 20 states are set to bring back business some way in the coming days, but it will be a new normal. Dean reynolds begins our coverage. Reporter in guthrie, oklahoma last night, the bulls and their riders were bucking in front of empty stands. Lets go, lets go its showtime reporter near sioux falls, south dakota, a big race took place, but it was a driversonly affair. Such is life these days as fears of the virus overtake a desire for public gatherings. South dakota doesnt anticipate a peak in positive cases until the middle of june, but there
Extraordinary. The underlying reasons why is very clear. We are up to our eyeballs in oil, at that means the price goes down. We have some terrific perspective today on oil. Too much oil, not enough storage. We will have plenty more on oil and we will try to figure out whether this could happen to another part of the market, but first lets get to the first word news in new york city with viviana hurtado. Viviana we begin with speculation about the health of north koreas leader kim jongun. The u. S. Official got word that mr. Kim was in Critical Condition after cardiovascular surgery. The white house reportedly was told mr. Kim took a turn for the worse. Kim is 36. He recently missed holiday celebrations in pyongyang. Now to president donald trump, issuing an executive order temporarily suspending immigration. Late monday night, the president tweeting the move is needed to contain coronavirus. He also says it will protect american jobs. No word on how the suspension will last or who it
Road, maybe that is actually not the case. Rolling overs as well. Maybe that is oil. It could just be a sentiment feeling, as well as any sort of Political Risk because of kim jonguns health uncertainty. Lets get to todays market moving news from our team in new york, as well as washington. We want to begin with this meltdown in the oil market. Wti futures plunging below zero for the first time in history yesterday as many storage tanks reached capacity. Brent for delivery in june pushing to the lowest levels since 2002. Annmarie hordern has more. Annmarie what we are really watching today is the number of contracts for wti and brent. Yesterday, the big question was is this just a big technical anomaly. I think what you are seeing today is that this is more widespread. What is showing is what traders have been saying for quite some time. Thething i want to bring up point is the june contract, trading at 16. 69. That is a contract that is not expiring. In 18dropping the most years. You
Through this global crisis. And later, humans helping their best friends get through the quarantine or, is it the other put your mask on. This is the cbs weekend news. Foster good evening im lesli foster reporting from wusa 9 in washington, d. C. Small businesses and banks are getting ready for a mad dash as the new Coronavirus Relief program rolls out tomorrow. The first fund ran out of money. Deaths from the virus in this tuntry now top 54,000. Bure improving slowly. At least 20 states are set to bring back business some way in the coming days, but it will g a new normal. Dean reynolds begins our coverage. Reporter in guthrie, oklahoma last night, the bulls and their riders were bucking in front of empty stands. Lets go, lets go its showtime reporter near sioux falls, south dakota, a big race took place, but it was a drivers only affair. Ookh is life these days as fears of the virus overtake a desire for public gatherings. South dakota doesnt anticipate a peak in positive cases until
Work their way in here, from the system later today, overall we will have temperatures, jumping up. 40s and 50s. Again, the northwind is not as strong as it was yesterday. I dont think it will matter too much. 40s and 50s. There is one around kensington. If you get the easterly breeze, it will make for a warm day, temperatures after today are taking a huge tumble as we head into the weekend. Highs today will be well above average, on monday they will be below average, but not today. 70s, 80s and 90s. Okay, lets see if things are okay on this friday morning. They are okay, steve, traffic is moving along around the bay area. In fact, we will see that the commute is light everywhere you look. We have not had many problems. This is a live look at highway 24 on the way to the tunnel. If you are going to the bay bridge, that is also light. Lets go back to dave. Today, the start of phase 2 of governor newsoms plan to reopen california. The risk businesses will be open, but in certain counties