A very worrying scenario thanks for making a little bit from us there for us covering all ends on that. And the galaxy takes a look at the background to the historic would be the 1st time in a long time its been would go to for the right price capacity though both on land and sea in the United States is filling out all price crash. But it means going to be another challenging month now the positive news for oil markets is that means the month where a lot of the supply cuts will keep your large opec cuts will keep since march the sector jobs but with Oil Storage Facilities already close to capacity and demand at historic lows the worst may be yet to come david mercer aljazeera tuesday meaning that some businesses can once again operate freely without the risk of penalties but theres also concern that the reopening could lead to a spike figures. For critics. Plus convicts and coronavirus tensions build among inmates densely packed prisons in the philippines. And tampas new quarterback fi
Immigrants out of the u. S. The 60 days to protect american jobs. Across latin america fear the crash in oil prices could push the region into its worst recession ever. And a warning from a new harvard study air pollution makes coronavirus even more dangerous than it already is. After weeks of negotiation politicians in the u. S. Have agreed on a new bailout package to protect the Worlds Largest economy from turmoil caused by the coronavirus pandemic the last few hours the Senate Passed a nearly 500000000000 dollar relief bill to help struggling Small Businesses it will also provide more funds for hospitals and testing the package follows a 2 trillion dollars stimulus package signed last month the bill now goes to the house for a vote. This gives us another 310000000000. 00 for the p. P. P. We look forward to the house passing this tomorrow in being up and running quickly after that this also gives us 50000000000. 00 for disaster loans idle loans that will allow the s. B. A. To make 30
It is up 25 , but still well below 15 a barrel on a supply glut in the u. S. And around the world. And as Congress Passes that 480 billion relief package to keep the Paycheck Protection Program running, td bank has promised some 26,000 Small Business loans. The ceo is going to join us in a few moments and tell us how he did it kelly, over to you all right, tyler, thanks. Todays rebound is led by tech stocks again they were under pressure yesterday. Lets get to bob pisani for more on the rally bob . And like i said, the last hour, threetoone advancingtodeclining stocks, thats a nice move up. But this is really in a sense tech and even mega cap rally the five biggest stocks on the s p 500, huge gains here facebook is up 7 . Google is up 4 . Microsoft, apple, amazon look at these moves up the other bigger five, berkshire, walmart, only one, Procter Gamble were down when you get nine of the top ten moving up, the s p is going to move, even if the other ones dont do much at all this is a me
Ss . The Trump Administration promising help for businesses big and small affected by the coronavirus outbreak. The cruise industry, will it be first in line, hat in hand, after getting soaked yesterday . Cruise line stocks are still getting buffeted by wild investor winds this session with major names halted multiple times in hopes of the government throwing the industry a life preserver. One of the worlds leading Infectious Disease experts faces off against cruise industry guru the cruise guy. He says cruise ships should not be taking off at all until the virus is better understood, while stuart says he would jump on one and travel the high seas right now. Stay tuned for that debate. One of the most respected Bank Analysts in the nation waved the warning flag on bank stocks five weeks ago. Dick bove way back on february 3rd said stay away from Financials Due to this mystery virus that appeared to be spreading back then in china. Dick is back today in a fox business exclusive. We will
Crisis and we would periodically would go back to my hometown of yam hill and we saw humanitarian crisis unfolding there, you know, a quarter of the kids who were on my old number 6 school bus are now gone from drugs and alcohol and suicide and sheryl and i tried to process that. The kids who got on the bus right after me were nathan, sister regina, smart talented kids. Farland died of drug and alcohol abuse, zeland died in house fire. Regina died from hepatitis of drug abuse. We wondered if this is about my bus, about yam hill and we realized this is a National Problem that we have despair, Life Expectancy is falling or was falling for 3 years in a row for america and that yamhill and my old was with pain across america. So you saw this through the lens of returning home and i think it almost could have been titled School Bus Number 6. So many stories drawn from the friends you had there and expanding from there and sheryl you grew up in manhattan, upper west side, i believe, its a wh