The Global Supply chain factor. Early facebook investor Roger Mcnamee joins us for what the virus means longterm for Companies Like apple and tesla. Paul, dramatic day for the markets and elsewhere. Why are you following . Paul tuesday trading day in asia, i guess the question is, to far is this stone going think . A drop asoking for well, about 2. 5 . Nikkei futures, big hit, 4 . South korea had one of its worst days and 17 years on monday. Japan of course playing catchup because monday was a Public Holiday. Take a look at currencies. The aussie dollar hit the yard over the past 24 hours. Currently just hanging on above . 66. The aussie 10 year continuing to slump toward historic lows. Of red. Uyh a lot in the u. S. , stocks tumbled. Three benchmarks slumped. Good to Abigail Doolittle lets get to Abigail Doolittle in new york. Abigail the markets selling off in a big way. Here in the u. S. , a three day slide. This is the worst of those three days. Friday, the disappointing pmi number
Im laura jarrett. Its wednesday, july 22nd, 5 00 a. M. Here iran new york and u. S. Hit 1,000 deaths on tuesday but any white house plan to slow the pandemic was completely missing as the president resumed his coronavirus briefings. No doctors up either just trump claiming the virus will eventually suddenly disappear and stating the obvious. Some areas of our country are doing very well. Others are doing less well. It will probably, unfortunately, get worse before it gets better. Something i dont like saying about things but thats the way it is. Its what we have. Its now july and the president for the first time embraced wearing a mask for other people. He wasnt wearing one just like monday when he shared a photo of himself in a mask and then went to a republican event at his hotel without a mask. What comes next . We are in the process of developing a strategy thats going to be very, very powerful. We develop as we go along. So 142,000 americans are dead from a pandemic thats been rag
State and local officials, because they may believe that its too soon to get back to business safely. Yeah, and the Staggering Number this morning, more than 20,000 americans killed by the coronavirus pandemic. The u. S. Is now number one worldwide in coronavirus deaths. All 50 states are under a federal disaster declaration for the first time in history, and it comes as the irs announces its beginning to send out or deposit, we should say, the first wave of stimulus checks. And this easter morning, most of the country is being asked to follow the advice to continue to stay socially distant, or practice social distancing, i should say, and worship and celebrate the holiday from home. There are some churches in the u. S. , and those leaders have said theyre not going to listen to local officials. Instead, theyre going to go on with services as usual. And just moments ago, pope francis leading Easter Sunday mass from a pretty empty st. Peters basilica, telling followers not to yield to f
Dm but the president is pushing ahead with efforts to reopen the economy, proclaiming, im quoting him now, vaccine or no vaccine, were back. Nearly every state in the u. S. Has loosened some restrictions as the overall rate of new cases and new deaths declines across much of the country. Lets begin our coverage with our chief White House Correspondent jim acosta. Jim, the president is raising serious hopes now that the search for a Coronavirus Vaccine could pay off by the end of the year. Reporter thats right, wolf. And President Trump sent some conflicting signals today on the development of a Coronavirus Vaccine as the president and other Top Administration officials were touting what theyre calling a warp speed effort to have a vaccine ready by the end of the year. Mr. Trump also said he wants to reopen the country with or without one. At one point the president told reporters he doesnt see a reopening as dependent on a vaccine. As President Trump introduced the two men who will lea
Hello, everyone. We want to welcome our viewers in the United States and around the world. Great to see you. We are live, yes, live. This is cnn special live coverage of a big, big night in the president ial race. A race that has changed a lot over the last few hours. On the republican side, donald trump had a huge win in South Carolina. Now clearly the frontrunner. Seemingly by a lot. The democrats, Hillary Clinton reasserted herself in the race. She won the democratic caucuses in nevada, a decisive win there. Looking at the republican field, it is leaner tonight. Will that mean its going to get even meaner . Well see. Jeb bush once considered the man to beat on the republican side with his multimillion dollar war chest is now out. Announcing this evening, hes suspending his campaign in a way that couldnt be classier, quoting his parents, his quoting that is quoting a bush family representative. Exactly. Thank you very much. Marco rubio, ted cruz, now battling for second place. The ni