Gov. Cuomo good morning. Happy saturday. I know it is saturday. I dont wear a tie on saturday. That is how i can tell it is saturday. People ask me often, what do you think about our situation . And i say, i think about what i know. What does that mean . Good question. It means, in new york, what we have been doing is we follow the facts, we follow the data, we follow the science. We focus on what we know and the fact that we know, and we make our decisions based on the facts. Every morning, we look at the facts. The facts of the day are that the hospitalization rate dropped once again, which is very good news. The total hospitalization rate has dropped. The intubation rate has dropped. The number of new cases per day has dropped down to 572. Those are new cases, people who walk in the door of a hospital or people who are in the hospital and test positive. That is down to 572. It has not been that level since we started back march 21. That is welcome news. This is not welcome news, and
The nasdaq up about four points. Yields firmed up a little. You can see the 10year, as equities came up, the 10year about 0. 624 all of this as Energy Prices got stronger the june contract up about 13 now trading at 15. 68. Hard to believe that is a strong level. 15 a barrel is pretty strong for oil when they were paying people to take it from them earlier this week. Time for the squawk planner is it . It is yours, joe. Getting to closely watched jobless numbers. More than 4. 3 million americans are expected to have filed for jobless claims that number rose on the earnings front, well hear from eli lily, blackstone, dominos. Well see if dominos has the same type of positive numbers like chipolte. Nobody eats at dominos intel is reporting after todays close. Now, andrew. Now. You were eager this better be good. You know, im just doing the update on the pandemic numbers as we do every morning it is not good it is not good global cases have risen to 2. 6 million. U. S. Cases 842,000 with
It brings unemployment claims down to 22 million in the past four weeks and that essentially wipes out all the jobs created sin the financial crisis we know the dapta was going to be bad and will continue to be bad because this is reflecting periods that arent april, and we know april will be even worse. Right these are daunting historic we look at them, we must think about what was happening, say, in 1930, 1931. We realize that the system may hold, may not hold i think were in a stronger position than then because they didnt have a social safety net, but these kinds of layoffs, theyre extraordinary. And we are at a loss for words for them obviously, all these people are now in some way or another getting compensated this week. But i think its not enough, and i keep thinking that the longer we dont have and its not opening or closing america the longer we dont have faith in being with each other, youre going to have to keep seeing these numbers. I have to tell you, i was hoping i never
Never seen it like that. Oh, boy. Oh, how the world has changed. How the world has changed, right . But its going to end up being than ever. I like to thank you very much for being here and i would like to update you on the steps were taking on her ongoing fight to defeat the virus. This morning at 7 55 i spoke to spoke to the leaders of the g20. Had a great meeting. And we have a lot of different ideas, a lot of good ideas. Were working together. The leaders gathered virtually around the world tor to discusse whole subject of the problem that right now 151 nations have got. We had president Alberto Fernandez of argentina, Prime Minister Scott Morrison of australia, president of brazil, Prime Minister Justin Trudeau of canada, president xi of china, president Emmanuel Macron of france, chancellor Angela Merkel of germany, Prime Minister modi of india, president of indonesi indonesia, the Prime Minister of italy, Prime Minister shinzo abe of japan. Congratulations on japan t unmaking of
News the u. S. Charges venezuelas president Nicolas Maduro would not terrorism. Hello the u. N. Secretary general has told leaders of the worlds 20 major industrialized countries that humanity is at war with the virus and were not winning and when you go terrorists called for a Global Response at an emergency virtual g. 20 summits support a way out of a crisis where a leader has vowed to do whatever it takes to combat it and he said the numbers of confirmed cases which have now passed half a 1000000 are only the tip of the iceberg the real number is believed to be many times higher well the number of new deaths has surged in spain and it remains high in italy where its feared deaths are now rising in the poorest south and as economists predict a deep global recession the u. S. Saw 3300000 people make new jobless claims last week its biggest ever jump the barker begins our coverage with this report on the situation across europe. This is how spains hoping to win the war on the Coronavir