Represents a family in mourning, and we are praying for all of them. There are other families waiting outside hospital rooms as their loved ones fight for their lives, and we continue to pray for them, too. Today i want to share some information about a new executive order and a some information about the Budget Proposal we have been working on with the General Assembly this week. Our state has sent almost 580 million to over 257,000 people who have filed unemployment claims since the start of this pandemic. The Unemployment Security Commission continues to make improvement in its filing process and call center, but more work must be done, and it is being done. We know that this virus is taking a toll on our economy, and on our workforce. And we cannot lose sight of how this virus is impacting our families in North Carolina. Ive signed a new executive order today to help furloughed workers whose employers had paid them a severance, or a furlough payment. Before this order, these employ
Steeper decline. We will have the first numbers. First contraction in 6 years and also hearing from Federal Reserve jay powell later today. Also another big day for earnings, boeing is in focus this morning, wall street journal reporting reporting thae aircraft maker is facing criminal probe into Quality Control issues on still grounded 737 max fleet. The company also reported looking to raise capital to major bond sale. On tap before the bell this morning, General Electric is out with its earnings along with master card and ensurers anthem and humana, after the numbers attention to microsoft, facebook, tesla, markets are higher, take a look at futures, gain at the start of trading, dow futures right now showing a gain of 180 points, three quarters of 1 . S p is up 25 and nasdaq higher by 93. This after the dow, nasdaq and the s p 500 erased early gains yesterday to actually end lower. Dow industrials were down 32 points at 4 00 oclock on wall street yesterday and nasdaq down 122 and s
They have an extraordinary leader in Michael Dowling. Michael dowling ran health care for the state of new york, social services for the state of new york. He worked with my father, came for one year, wound up staying with my father for 12 years in state service. He is one of the really beautiful and brilliant leaders in this state and it is a pleasure to be with him. I want to say to all the people of northwell who have done extraordinary jobs, thank you so much for having us today. To my right is Melissa Derosa, secretary to the governor. To her right is what is your name . Mariah kennedy cuomo, who is part of my team and it is a pleasure to have her with me today. I will be mentioning more about that in a second. Today is sunday. That is a fact. I know these days tend to run one into the other, but today is sunday. And i like to focus on the facts in this situation because facts are what is most important. A lot of people have opinions and a lot of theories, but senator Daniel Patri
Stock higher and helping the idea that maybe this rally will continue. If there is an effective treatment for those who are severely ill with covid19, the economy can open more quickly than expected. Alphabet put up a better than feared quarter as well, helping the risk on rally. David tech helping to lead the way. Thank you so much for abigail doolittle. We are all anxious to get the economy going again but we want to do it safely. We welcome a man involved in making the plans for restoring the u. S. Economy. It representative don beyer of virginia, a democrat and vice chair of the joint Economic Committee in the house of representatives. Thank you for joining us. Give us your take on the fans being to on the plans being discussed, federal combined with state. Are we where we need to d are we where we need to be in the plans to get the economy going . Rep. Beyer no, but we are moving in the right direction. Most of the states have done a good job of flattening the curve. We are worrie
Seeing this as a sign that they do see sort of a light on the horizon here. With all the states beginning reopening, expanding the reopening, it will continue to be good for the economy, even in a staggered fashion. There is that. Were following markets across the board. Even issues with disappointing numbers and earnings, most seem to have factored that in. So well get detail by detail, casebycase, sector by sector. This is a remarkable comeback here. A lot of this buoyed by this news out of Gilead Sciences that its drug just might be the panacea some hoped it would be for treatment of the coronavirus. Way too early to tell that here but certainly a different reaction as that stock soars close to 6 on the day. Blake burman, monitoring developments at the white house right now including the president having a sitdown with the louisiana governor. Also meeting with more ceos and those in the agriculture, meat industry. The president you might recall has said that the Meat Processing plan