U. K. This is what we know and this is what we are waiting to find out from the Prime Minister. He has urged everyone to try to work from home if possible. You can see that playing out in the markets, although a lot of the selloff happened yesterday. Stocks, 0. 6 . European stocks actually rebounding from their temple on monday. A lot of the focus is on the tech stocks as well. Lets get to the bloomberg first word news. Heres leighann gerrans. Leighann good morning. Movingnt trump is towards nominating Amy Coney Barrett to replace Ruth Bader Ginsburg on the supreme court. Shes the favorite of antiabortion right activists who have been lobbying for her appointment. Barrett is currently a judge on the seventh Circuit Court of appeals in chicago. Federal reserve chairman Jerome Powell is set that the u. S. Faces a long and uncertain economic recovery. His testimony alongside treasury secretary Steven Mnuchin will begin later today. It comes as congress is deadlocked over another round of
[background noises] [background noises] welcome everybody to todays hybrid hearing pursuant to house rules some members will appear in person and others will appear remotely via webex. Some members are appearing in person and let me first remind ereveryone that pursuant to the latest guidance on the house attending physician all individuals attending this hearing in person must wear a face mask. Numbers werefa not wearing a may facemask will not be recognized and let me also make a few reminders for those numbers appearing in person, you will see members and witnesses appearing remotely on the monitor in front of you when you are speaking is what is known in web acts as active speaker you. A timer is visible in the room directly in front of you. Members appearing remotely i know youre all familiar with web ex by now but let me remind everyone of a few points. First, you will see each person speaking during the hearing whether in person or remote as long as yous have your web acts set t
South as youll notice so for midday, well call about 86 or so 94 by mid afternoon and probably some 90s still for tomorrow, but things turning in a big way as we head on to the weekend back to you. All right dave, thank you would begin this hour with breaking news, this is out of Central California in paso robles where a deputy was shot and what the Sheriffs Office is calling an active shooter situation. It happened about 4 oclock this morning. The Sheriffs Department says the shooter fired at the pasa Robles Police Department hitting the sheriffs deputy. The deputy is in the hospital now in serious but stable condition. Anyone inthe downtown area of pasa robles has been asked to shelter in place well continue to cover this story for you throughout the morning. And also closer to home breaking in the north bay 2 women are dead 3 other people including a child are recovering following a shooting in north this happened on cynthia avenue last night just before 10 oclock this is video of t
Global recession since world war ii. Senate democrats with a Sweeping Police Reform bill. Manus 6 00 a. M. In london, 9 00 a. M. In dubai. I have two pieces of paper, one is the dollar destruction story, is the bondte one vigilante trade it was not really a bear market, but what i like is he says the market selloff was a panic attack. I want to tell you i have had more panic attacks since 2009. I think they are inextricably linked. Nejra it is always great to kick off the show with an update on how many panic attacks you have. I love the daily comments, he has coined another acronym, mother of all meltups. To classify what happened in the selloff is a bear market is if we are talking about a bear market, you might expect more losses to come. If you see this as a panic attack, you could have faith in further games. Erase see the s p 500 yearly losses. We are seeing green on the screen in asia for several days in a row, but weakness in u. S. Futures. What a stunning move, 45 rally from t
Trump of the United States is also touted as you will be for the u. S. Food and Drug Administration president but also now those wishes to call james beauty parlors and headdress is essential services to be to remain open its believed that the the now ex Health Minister was unnecessarily in agreement about that as well i suppose the big news here just to emphasize is not just whats happened today but the fact that hes the 2nd Health Minister that the brazilian government has lost the height of a pandemic in which this country is the hot spot in latin america so this is a really big deal for the country now lets hear what he had to say when he did go beautiful. Life is made of choices and today i chose to leave i tell you that i gave the best of me during the period i spent here its not a simple thing to lead a Ministry Like this one in such a difficult time. Mexico has reported its largest one day rise in corona virus cases Health Officials confirmed there were 2400 new infections on f