Office if you like, you can come back in two or three days a week and spend the other couple of days at home. Thats, you knowthe promised land, but thats definitely not where we are now. Woodruff all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by life isnt a straight line, and sometimes you can find yourself heading in a new direction. Fidelity is here to help you work through the unexpected, with Financial Planning and advice for today, and tomorrow. Carnegie corporation of new york. Supporting innovations in education, democratic engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by contribions to your pbs station from viewers like you. Thank you. Woodruff the toll of the covid19 pandemic is on vivid display again tonight. New numbers paint a stark picture
To compensate customers fitted with emissions cheating software. In hong kong, lawmakers claim a new security law is needed to deal with what they say is a higher terrorism threat, but opponents are staging protests, worrying that it leads to an end of Hong Kong Special status. Plus, no regrets a top aide to the british Prime Minister excuses himself for flouting lockdown rules. Both men are now accused of making rules that do not necessarily apply to them. Brent to our viewers on pbs and the united states, welcome. The German Government is throwing a 9 billion euro lifeline to the Airline Giant lufthansa. The carrier has been locked in talks for weeks, nailing down the terms of a bailout to largen corporate rerescue since the crisis began. Lufthansas airplanes sit motionless in frankfurt, their engines covered in plastic, an image that symbolizes the weeks of standstill the company experienced during the corona coronavirus crisis. Have any flights, passengers, or revenue, but now the
And bill mcagain. Mcgern. Mary, 40 million jobless in two months. Weve never seen that before, not in our lifetimes. Is this the extent of the damage or are we going to see some more . Hi, paul. I dont think we can say whether were going to see more. We dont know from the Health Aspects whether we get the second wave and so forth. I think what we know right now is that we have a first of all, a very entrepreneurial culture. Ive been impressed in new york at all the entrepreneurs and Business People who are eagerly trying to reopen their shops. Sadly, a lot of them didnt make it. But theyre back. Also, we had for the month of april, while we had Consumer Spending drop by almost 14 , we also had an uptick in personal income dividends and interest mostly personal income because of the governments subsidy packages to individuals. Paul right. So you have all these people who have been penned in their homes for a long time and the money is burning a hole in their pock e i think theyre ready
Now President Trump calling out president xi. I will get reaction from florida senator rick scott coming up. All that and so much more on making money. Charles the market, indices are edging lower but off the lows, off the highs. It is really nasdaq reacted most harshly from news. China will impose sweeping National Security laws in hong kong. Now resilience has been the hallmark of this market since we hit the march lows this has been a bifurcated market. The winners are up big while mass of stocks are down. Making money is harder when this happens. I want to see what happens with the big investment dilemma. Were talking about chasing winners right now if you want to ride the wave or positioning yourselves with beaten down names out of favor at the moment. Lets bring in keith fitzgerald, principal finance and Rebecca Walser of walser wealth management. Rebecca, let me start with you. I dont think people realize only 114 stocks are up on the s p 500. The average gain is 13 . If you too
On tonights pbs newour. Major funding for the pbs newshour has been provided by e lnt a straight line, and sometimes you can find yourself heading in a new direction. Fidelity is here to help you work tough the unexpected, withinancial planning and advice for today, and tomorrow. P carnegie ation of new york. Supporting innovations in education, democratic engagement, and the advancement of internaseonal peace and rity. At carnegie. Org. And with the ongoing support of these institutions and indivials. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff the toll of the covid19 pandemic is on vivid display again tonight. New numbers paint a stark picture of the cost to the nation, in humannd economic terms. John yang gins our coverage. Yang its a death toll of epic proportions. More than 100,000 americans have now lostheir lives to the coronavirus. But Health Officials fear that be