Away, can americans keep up this social distancing . That as state and federal leaders continue to debate when and how to reopen their states heres what you need to know at this hour. To start off your week Top Health Officials say the number of new cases has reached a plateau. There are now more than 972,000 americans infected and close to be 55,000 people have died. The white house says social distancing will be the norm for be the next few months. Coronavirus Task Force Coordinator dr. Deborah birx said that the current ways of testing will work through the spring and summer but the u. S. Needs a, quote, breakthrough on testing to reopen. Faced with a growing backlog the irs is bringing back thousands of employees the initial wave includes 10,000 employees at locations, ten nationwide employees were told to bring their own face masks or face coverings. Uk Prime Minister Boris Johnson is back on downing street after being hospitalized in the icu by the virus a few weeks ago, he will
the editorial board. alexandria hoff joins us live. alexandria: u.s. regulators are applauding the deal saying the lifeline given to first republic bank demonstrates the resilience of the american banking system. all of this to pull first republic bank from the spiral met by silicon valley, signature and silver gate. join statement reads action of the largest banks reflect confidence in the banking system, we are deploying strength and liquidity to the largest system where it is needed most. the banks are supporting the economy and those around us. secretary yellen was among the architects of the deal. her testimony game days after emergency action to contain collapse of silicon valley bank. listen. i can reassure the members of the committee that our banking system is sound. americans can feel confident that their deposits will be there when they need them. this week s actions demonstrate resolute commitment to ensure that our financial system remains strong and that dep
granddaughter hall live received money. biggest banks in america jump in to rescue first republic. our banking system is sound. head of the treasury? they are the one those caused the problem. no good. and they upset the number 2 seed. [cheers] this is all part of the madness. [bagpipes] [bagpipes] brian: the inspirational soothing tunes and tone of bagpipes because it is saint patrick s day that is the rockland pd emerald society drum corps. celebrate saint patrick s day. no longer alive. in new york city, bigger parade than ireland. steve: the first parade for saint patrick s was actually in st. augustine, florida back in 1600. and then they started in boston and new york. and, as it turns out savannah, georgia has got one of the biggest in the country and that s why rockland county police department fire department from new york are down in savannah, georgia today. ainsley: boston has a big one. savannah does. they die the water green. chicago has sim
be doing. i have the privilege of serving with joe biden. he intends to run and if he does, i will be running with him. you seem like this momentum about them trying to pull kamala off the tact. earn rogers he will leave the green bay packers for the new york jets. i made it clear my inteption was to play and my intention was to play for the new york jets. brian: here we go news alert. the me. a russian fighter buzzes and then collides with a u.s. drone earlier this week. ainsley: yeah. you can even see the warplane dumping the fuel first on the drone that cost $32 million before colliding with the propeller on the drone, sending it crashing down into the black sea. steve: we got this video about an hour ago from lucas tomlinson who is at the pentagon as we learn down in that water below, lucas, the russians are looking for our drone and they are probably going to find it. that s right, steve. good morning to you all. in fact, a short time ago, as you mentione
Lunch. The crypt o hits the fan im Tyler Mathisen the dow down and off to the worst week in two years. Energy is getting walloped apple shares on pace for the worst week in more than three months bond yields, this is the story, folks of the week. Maybe the story of the year. The 30year bond yield now above 3 highest level since march. The benchmark ten year jumping to a fouryear high above 2. 8 Steve Liesman is the man and he is joining us for the hour thanks, tyler im steveliesman we begin with the market, selloff concerns about Rising Interest Rates a big reason why. Bob pisani is at the New York Stock Exchange where weve just crossed the down 400 park. We bottom but the bad news is were not rising were sitting near the bottom and paralleling the 10year yield. We hit the highs about 2. 85 that was about 10 00 eastern time and that was when the market essentially stopped going down you could see it moves sideways. Take a look at the s p 500 and weve been moving sideways since 10 00. B