The freeman foundation. By judy and Peter Blum Kovler foundation; pursuing solutionsglor americas ted needs. And by contribations to this pbs n from viewers like you. Thank you. America. Frreporting new york city, i am nada tawfik. At least 16ed people have di after a jet overshot a runway and broke in two. M images fthe scene are shocking. Sifting through t rubble in lebanon, rescue workers continue city devastated by this weeks explosion. A massive clear up going on from allver the country. The devastation here is enormous. Nada one even when even good news is not great, the u. S. Added a milln jobs last month. Why latinos in texas are more likely to d from the coronavirus than other group there. E have a special report. Nada for a of you watching on pbs and around the globe, welcome to world news america. We begin tonight with the latest on a passenger flight that has southern india, breaking in two. At least 16 people are thought to have been killed, including the pilot. Seriously
Pandemic. Some of the pandemic statistics. N case dynamics jonathan this has been remarkable in the case of talks down ndc totally stolen down in d. C. Totally stalling. Lisa totally agree. Going forward today, we get a read on the economy in the United States. 8 30 a. M. , Producer Price index data. Very interesting to see the divergence between Inflation Expectations among futures traders versus the absolute bond yields, which keep falling. Secretary mike pompeo speaking at an event in the czech republic. We are interested in anything he has to say about china. Three year treasuries are going to be auctioned off. The actual deficit is so unclear because that fiscal support package is missing in action right now. Jonathan lets get to the price action. Equities futures are higher. In foreign exchange, the euro stronger. 1. 1787, up 0. 4 . We break 60 basis points on the 10 year to 0. 6 . I will be the one to ask the first stupid question of the morning. Do supply matter does supply mat
Are back down. Yuan a little stronger. Lets get a deeper dive into the Market Action of the day with kailey leinz. Kailey we are in the green by 1 on the major averages. For is the fourth up day the s p this week. Up 4. 6 over the course of the week, the best week for the index in a month. That is in the face of escalating virus cases climbing across the u. S. Those headlines not putting a day per on appetite. One reason why is that the Economic Data is starting to look better. We saw that reflected in a jobs report. 4. 8 million jobs added in june. The u. S. Is far outpacing europe and the rest of the world, although those economic surprises are trending in the upper direction as well. The question becomes do that resurgence is in cases pose a risk . I want to point out a few stocks on the move today related to cars. Is higher by ebits 17 today, after getting an upgrade. Sales have been much more resilient than forecast. About better used car sales lifting a number of auto body shops
The magnitude of that payroll number, equity markets are performing reasonably well. We are going into a weekend. Generally that means derisking as well. Let me deal with the middle to. 33. Crude at we have the stoxx 600 reasonably flat right now. We are seeing a bid on the dollar. Going back to your board, so why dont we handed back to you . Vonnie lets get straight to diane swonk, Grant Thornton economist. We saw a massive loss, 7001000 massive loss, 7001000 massive loss, 701,000 people. Diane many of them werent counted yet or able to be included in unemployment actrance until the cares was passed on march 26. That is really important to remember as well. Im choked up about these numbers in a way that i just, knowing how bad they are going to get is really tough. 1. 3 million workers had to accept parttime. , they have those already been laid off. Also important in the number was the survey response, where it went down because they couldnt get the people out there and staff the phon
This is bbc world news america. I am laura trevelyan. Americans are told to avoid gatherings of more than 10 ople as the white house tries to contain the coronavirus. Pres. Trump i have to say that our government is prepared to do there is a market meltdown on wall street as the dowps 3000 points. Nees are freyed. An how britains government is advising the early 70s to stay fe. For all ofbs you watching on and around the globe, welcome to world news america. New york city is eerily quiet. Drastic steps are taken to contain the coronavirus. Presidt trump says that there may be a recession in america and wall street plged further. The government has announced strict guidelines ov the next 15 days. Nick bryanstarts our coverage. We live in a world where so much looks familiar but almost everything feels different. On a monday morning Staten Island ferry,he t empty roads were a measure of community concern. A global badge of fear. People are worried and we dont know what to do. I was think