Rovider. Next, new Jersey Governor Phil Murphy briefs reporters on his states response to the coronavirus. He was joined by state officials and spoke about the number of positive cases and the death toll in new jersey. From trenton, this is an hour and a half. Governor murphy good afternoon. Were gathering on what would have been my mothers 105th anniversary. She ended her life for many years in assisted living and a nursing home. Had she been alive today, those would be areas that would all be quite concerned about, as i know you are. So more on at that in a little bit. So god bless mom. Joining me up here today, again, the woman on my right who needs no introduction, the commissioner of the department of health. To her right, state epidemiologist, thank you. And to my left, state police superintendent. Also with us is the Homeland Security director and other members of our team who will be able to answer some of your questions. Over the past 24 hours so this is since the paper releas
They, in the early days, didnt have the testing capacity. When it came online in meaningful amounts, it increased significantly. I think the big frustration in the u. S. Has been that there is this inability to go out and do widespread Disease Testing and surveillance. David explain that to me. We heard alex azar saying everyone who needs to be tested can be tested. Where are we on that . Weording to secretary azar, are in good shape. Drew that is misleading. All of the testing that is being done is essentially boutique testing, where someone gets a nasal and throat swab, and someone has to basically go and handle this sample. It is a human process. It is not the take a swab, it goes into a machine, and you are running 2000 of these a day, or a rapid strep test that you would get. That is where the real testing volume and surveillance happens right now. Even if there are test kits available, you still need the people available to run them, and that is a major bottleneck. David very hel
Chairman on what the landscape could look like. Its wednesday, march 25, 2020 cnbc special coverage of the coronavirus begins right now good morning and welcome, im Courtney Reagan live at the nasdaq marketsite. Breaking news, the senate makes a deal with Majority Leader Mitch Mcconnell promising a vote today. This is a wartime level of investment into our nation im thrilled we are finally going to deliver into our country that has been waiting for us to step up. Treasury second mnuchin adding that the president will sign the bill as it goes through both chambers of congress. Good morning this is a big deal. The thing both sides have been working on for five days straight wrapping up with a deal that we are told includes four months of extended Unemployment Insurance for americans. So getting those schechecks rol out as soon as possible. It will include disaster aid for state and local governments for hospitals and Health Systems and Small Business loans and other relief lawmakers have
Good thursday morning. Welcome to squawk alley. Im Carl Quintanilla with jon fortt at post nine of the new york stock exchange. Morgan brennan with us from hq were going to continue to bring you nonstop market coverage from separate locations for a while as we reduce travel for employees as a precaution due to the spread of the virus. For the markets volatile this morning where we will start. Major averages deep in the red, had a circuit breaker. The president did institute the 30day travel ban for europe excluding the uk in an effort to curb the spread of the virus ali and brian both here on set thank you for coming in. Good to see you. Brian, what do we say . We know youve liked opportunities in this market do you still think theyre here . Its an honor to be here today on days like this, and when youre a strategist and portfolio manager, because we do both, we are defaulting to terms of i call it the three ps of investment management, perspective, poise and process okay the perspecti
Since february 5 and 6 thats right, it has been about a month and a half since february 5 and 6 for the dow and february 13 for the s p 500. Right now, it looks like the yield is at 0. 858 andrew we have a huge lineup of guests today out of washington James Bullard talking about headlines. Tom barrack and former federal chairman ben bernanke. Living through the crisis of 2008 and studying the Great Depression all of that coming up over the next three hours to the news that broke overnight. The white house and the senate announcing a deal. Well get to leaSteve Liesman f more on that and eamon with more. It was in the 1 00 a. M. Hour that it broke overnight. What we have here, joe, is a handshake deal we dont have a vote and we dont have the explicit text what we have is a deal here is how Mitch Mcconnell announced the deal at 1 00 a. M help is on the way. The American People are already rising to this great challenge the senate is about to follow suit well pass this legislation later to