More work from home. It is thursday, may 7. You are watching Worldwide Exchange here on cnbc good morning, good afternoon, good evening. Welcome. Im Brian Sullivan thank you for joining us on this 75th anniversary of ve day 1945, world war ii and europe ended. Looking at the market and your money. Setting up their thursday morning. We are seeing futures with potentially a rebound in gain. Getting to more on that in one second this would also regain like we said what we lost yesterday. Up nearly 3 this week alone weekly jobless claims are out. They are expected to show another 3 million americans have filed for unemployment. We are nearing 30 Million People out of work. Markets wont move on that it is widely expected. Obviously a difficult number to hear we have breaking news on United Health the health insurancer announcing it will provide 1. 5 billion premium rebates. Joining many Auto Insurance Companies Offering rebounds as people are simply not consuming their products right now we
S p indicated down about 4. 5 looks like the 10year is yielding below 1. 6 . 1. 549 well talk about what china did. Loan rates there dropping as the company tries to take on the impact of the coronavirus. Lets get an update now on the coronavirus. The people on the ship, a couple of people did die from the coronavirus. China as we heard cutting its benchmark lending rate that was expected. Authorities looking to boost the market unfortunately, two passengers from the diamond princess cruise have died. The first reported deaths in connection with the ship which was quarantined off the coast of japan nearly two weeks china is again, changing the criteria of confirmed cases adding confusion to tracking going up or down and whether weve seen a peak or close to a peak l brands reportedly selling shares of victorias sek receipt valuing that brand just over 1 billion. This had been expected that theyd pay for it. L brands chairman and ceo will step down as part of the deal but remain on the b
Yielding back below 1. 6 and below at 1. 957 well get january retail data coming up at 10 30 eastern time expecting an increase of 0. 3 . February read on Consumer Sentiment due after the opening bell bit of a light day on earnings well hear from Canopy Growth. See how high they go joe is giving me a look. Leisman is writing your jokes now . Astrazeneca ceo joins us live we start with coronavirus and viral video. I want a new name. It is in all of our minds now. Those numbers, 17,000. Well have azar on today i dont think it is surprising i think we thought for a long time it was really underreported or unable to track the things ill ask alex later is what i asked the gentleman yesterday heading up some of the efforts in new york city, are we preparing for testing people if it comes to that . I dont want to think it will come to that because it will mean in this country we need to test people. I hope it doesnt. The official from here in new york city, i didnt like his answer get test ki
Convention of rise of to the child the children who are to the have learned of these rights during this workshop. Confirmed and there is stressed on their right to live their rights to live in security and stability in their country they have also. Drawn paintings and also called during our masses to the United Nations secretary general to. To give them these rights in order to live in their country in stability and security and also that the you have the right to get to get access to education as most of these calls there are around 300 schools that have been destroyed by during this war and also some of the them have been turned into makeshift centers for displaced people so that if this situation is a difficult for yemeni children this is the wall that celebrates these are sea. Anniversary mohammed thank you for that mohammed there at the live n. Funner thank you. Now one of the Worlds Largest oil and gas firms is pulling out of a deal with saudi arabia russia as a lower court in ef
60s, 70s, 80s. 4 01 in the morning on a monday. We have starting off with the tracy super commute. I like what i see so far. Not a lot going on. You can see traffic is doing very well. From tracy to livermore, continuing to pleasanton. No problems on interstate 880. Traffic is off to a nice start. Nice looking commute at the bay bridge and in the east bay. Back to the desk. Storm barry hit parts of the gulf coast. The area not in the clear yet. Some people are cleaning up this morning, others are bracing for a hit from tropical depression barry. Doug is in new orleans with details on the storms path. Reporter in coastal louisiana, authorities are allowing people to go in to their homes to assess the damage. The city of new orleans escaped damage, because of meteorological predictions which never materialized. We made it. Reporter barry continuing to dutch rain in parts of louisiana and mississippi as the one time hurricane moves inland. For some parts the damage has been done. Severe f