North korea, but that is where the mystery starts, doesnt it . Francine it is a mystery. You have conflicting reports. Doctors are saying he is back to work and some in the u. S. Say he is in Critical Condition. There is no clear succession plans and authorities around the world including the u. S. Are trying to figure out who is next in line or do you have some military coup detat taking over . All eyes are what is going on in the oil market, june wti oil to 11. 17 ang 49 barrel. Crude,e plunge in brent 19 a barrel on the global oil price. Right now, 20 1. 81 on brent de, an extraordinary shift 21. 81 on brent crude, and extraordinary shift. Viviana speculation about the health of north koreas leader kim jongun. Inicials getting word he was Critical Condition after cardiovascular surgery. The white house reportedly was told mr. Kim took a turn for the worst. Recent6 and missed holiday celebrations in pyongyang. Issue anump plans to executive order suspending immigration. He tweeted th
Road, maybe that is actually not the case. Rolling overs as well. Maybe that is oil. It could just be a sentiment feeling, as well as any sort of Political Risk because of kim jonguns health uncertainty. Lets get to todays market moving news from our team in new york, as well as washington. We want to begin with this meltdown in the oil market. Wti futures plunging below zero for the first time in history yesterday as many storage tanks reached capacity. Brent for delivery in june pushing to the lowest levels since 2002. Annmarie hordern has more. Annmarie what we are really watching today is the number of contracts for wti and brent. Yesterday, the big question was is this just a big technical anomaly. I think what you are seeing today is that this is more widespread. What is showing is what traders have been saying for quite some time. Thething i want to bring up point is the june contract, trading at 16. 69. That is a contract that is not expiring. In 18dropping the most years. You
A lot more of that coming up in about 10 minutes. So not heard of anything new but with ask him ourselves. Morning sir. Morning. We do have traffic that is doing well across the bay area for the most part there is not a lot of slowing. Look at the live pictures that we have for you. You can see the bridge is doing well including the bay bridge toll plaza and really every bridge doing very well right now. Because a lot of people are not driving to work. It is 5 01 am. Lets go back to your headlines. Happening today some states are relaxing the state home restrictions. In georgia at restaurants and theaters are going to be reopening. This follows the reopening of tattoo parlors and nail salons and hair salons. Businesses that dont deal with the public can soon return to work. In indiana dentist rheumatologist and veterinarians can reopen. Retail is open for Curbside Service in colorado. Other states easing restrictions including kentucky, mississippi montana, texas, and tennessee. The sh
Coronavirus in new york, Governor Andrew Cuomo saying there have been 481 deaths in the last 24 hours, holding below 500. Also some stabilization to hospitalizations. They are once again basically flat. We had about 1800 yesterday. Governor cuomo saying the curve is on the way down, but at the same time, we need to keep ourselves very vigilant. About 1300 people hospitalized with coronavirus yesterday. Hospitalizations basically flat. Overall virus deaths in new york , now 14,828. Meantime, the markets are registering losses today as well. The s p 500 down 2. 7 right now. Energy companies not doing so well. Neither our travel Companies Like expedia. Crude oil is in a category of its own right now. 3. 31 is what the current months contract is trading at. The dollar index might be more interesting to look at in some sense, at 100. 18. Some strengthening, including the hong kong dollar, which had to defend its peg because it reached the upper bound today. Above 47. The vix bpi ont months
The world, this is the daily social distancing show with trevor noah. As bad as things may seem right now, its important to remember that the world hasnt technically ended yet. I mean its going to happen but you have to figure we have at least a few weeks left. So in the mean time lets think positive with a little ray of sunshine. Lets kick it off with a story that will make everyone smile, well, everyone except the coronavirus. This lady has seen a lot in her life. She survived the spanish flu, early in the last century and now at 101 she has just beaten covid19 it. Call her supergranny. Angelina friedman proudly shares i am 101 years old and i beat covid19. The westchester, new york woman, not only beat the coronavirus at her nursing home but plifd through the 1918 spanish fluvment her family says she possesses superhuman dna. Do you feel good. Yes, i do. Thank you. Good. Damn, this woman lived through the spanish flu and beat coronavirus . Not to mention that in 2010 she also beat b