And we are out of time we hand it over to melissa lee coming up on fast, follow the yellow brick road, that is the message from the chart master, why carter worth is betting on bullion. Payment problems, the analysts call square tumbling today, and later. One more big uptick, i dont know whats doing it. We have a major trade update from davy day trader. We start off with a big market rally. The s p posting its highest close over 2 months. The nasdaq now up 3 in 2020 a far cry from where we were just a few weeks ago do you believe in this rally, guy . Hi, mel hi, guy no. I dont believe in it at all ive been wrong now for the last couple weeks this move from 2800 has me scratching my head consistently, the paint trade is higher not only was the open of a vaccine the 60 minutes piece with joer oem powell which was somebody like me, stomach turning, when asked, where are they getting this money from, thats one way of putting it, that was a lot of this as well i see what happened today, i g
To 20 percent of the countrys workforce out of their jobs these are not just numbers they are people who are suffering well not out in the. Financial and. Also makes things. Or. Also trying to. Make rent out and the number is likely higher because of old filing systems many people have yet to be able to file for unemployment data samone has been trying for 2 months ariane of patients im still one of the millions i do understand. But its ridiculous some politicians are anxious to reopen the economy like iowas governor trying to force people back to work if you are an employer and you offer to bring your employee back to work and they decide not to thats a valid terry. And whats more im looking for part of a quit ok about see we dont have happen very often its a valid terry quit and so therefore they would not be eligible for the unemployment the employment money and the us president is promising a quick rebound as well were going to rebuild it were going to rebuild it back as fast as we
We have severe storms moving across the deep south of the u. S. And that slide is way towards florida over the next couple of days now ahead of that we have wildfires burning in the north of the state this was pensacola where we have some very nasty conditions as this system does make its way through you can see this area cloud harrowing across the Southern Plains that will continue to slide further southwards and ace was down across the panhandle as we go on through saturday and slowly just stagger its way further south so as i said its as far as the fos concerned hopefully that will help out further north it is generally dry on the coast id say fresh for the time being 9 celsius in new york and they say and cold still north of that into new england cold enough for a touch of may snow with the place and snow there too its east and parts of canada go somewhat weather just pushing across the midwest over the next thousands sinking down towards the ohio valley further west it is generate
A virtual vigil in the us for a black man shot dead while jogging in georgia after the rest of a father and son for murder. Welcome to the program for weeks weve seen lines at the food bank stretching for miles and job centers overwhelmed with people its given us a picture of how badly the u. S. Economy has been hit by cope with 19 but now we have the most concrete figure yet 14. 7 percent thats the Unemployment Rate for april which tripled from the month before to put it another way thats more than 20000000. 00 jobs gone for perspective its worse than the global recession which followed the 2008 financial crisis and it created a new postwar record previously set in 1902 when unemployment reached nearly 11 percent so its no exaggeration to say this is the worst crisis for the u. S. Economy since the Great Depression of the thirtys when one in every 4 American Workers had no job from washington d. C. Particle reports. Its a remarkable statistic 20500000 americans are out of work numbers
Evictions beneath the shiny veneer of saudi arabias planned mega city and a virtual vigil in the us for a black man shot dead while jogging in georgia after the arrest of a father and son but his murder. For weeks we have seen the lines of the food banks stretching for kilometers the job center is overwhelmed with people it is given us a picture of how badly the u. S. Economys been hit by covert 19 but now we have the most concrete figure yet and it is 14. 7 percent that is the Unemployment Rate for april which tripled from the month before put another way were talking about more than 20000000. 00 jobs gone and some perspective now this is worse than the financial crisis old a recession which followed the financial crisis of 2008 it also creates a new post will recall that was previously set in 982 when unemployment regionally 11 percent so it is no exaggeration to say going right back this is the worst crisis for the u. S. Economy since the Great Depression of the 930 s. When one in e