Then there are face months weve been so they Blue Chip Companies that make high quality respirators. And waste not want to know how one enterprising woman in myanmar is turning trash into treasure. This is g. W. Business im Kate Ferguson welcome the United States wants to make coronavirus tests available to everyone but there are 2 big problems the 1st is a shortage of kids the 2nd the millions of uninsured americans who may not seek medical help if they fall ill by the end of the week kits that would test 1500000 people for corona virus could find their way to hospitals in labs around the United States. Increasing access to testing and health care is a crucial part of the administrations plan for controlling the virus but the demand is overwhelming i know everyone would like to know do i have the virus right now theyre simply not because the anywhere to do that kind of testing is the Trump Administration is working with manufacturers to increase supply for many potential suppliers sti
Bremmer, and Gabriela Santos the dow is down now almost 700 points again coronavirus fears sending the market plunging. The dow falls at one point more than 1,000 points at session lows all sectors going into correction territory which means 10 off their highs. Stocks are off to the worst level of the session after jay powell came out with a statement saying the fundamentals of the u. S. Economy remain strong and bond yields are plunging again sending Mortgage Rates to their lowest levels in eight years joining us for the hour, the final hour of trade is lindsey bell from allied invest. Also with us is senior markets commentator mike santoli as always to take you through the bell lindsey, what are you getting from some of your clients and what are you telling them . Our clients are retail clients. They are definitely concerned. So were telling them first and foremost, please do not panic. This is why you should have an investing plan in place. And always go back to that plan to reasses
A. Woman back home full of bones by the duties and social norms and informed of old dead basic rights my name is the about of people homes and i wore hats to them. As the corona virus continues its rapid spread the United States presses ahead with an 8000000000. 00 plan to battle the outbreak but the face of millions of uninsured americans from maine some clear critics say the crisis could expose serious gaps in the countrys health care system. Also coming out there are face masks and then there are face masks we visit a Blue Chip Company that makes high quality respirators. It could be a messy divorce major differences emerge as britain and the e. U. Begin negotiations for their posts for exit trying to relationship. Onto waste not want not one enterprising woman in myanmar is turning trucks into treasure. This is d. W. Business im Craig Ferguson welcome the United States wants to make corona virus tests available to everyone as soon as possible but there are 2 big problems the 1st is
Pot belly cfo why the klain lost 6 today we will get to it all let us begin with the Federal Reserve as expected no change in rates in the time meeting of both the year and final meeting of the decade. Come on. Thats all in the past, guy what should we expect in the future the new year, a rate cut, a rate hike, Steve Liesman was there. Asking questions at the press conference and he joins us now with more good evening, steve. Sully, thanks the Federal Reserve ended a momentous year for Monetary Policy by lawmakering what it indicated was a new regime where policy is likely to remain on hold for what could be at least several months the move to neutral follows three successive rate cuts beginning in august and reversal of plans to hike earlier this year now the policy statement the fed called the current stance of policy appropriate feds overnight lending rate standing at a range of 1. 5 to is 1. 75 . Jerome powell saying that could be the case for a while to come. We believe that the c
Plus, there are fewer than 50 days until christmas and wall street is concerned about a retail apocalypse. We have the details about that, and later, its been choppy waters for Royal Caribbean the stock is cruising higher the ce will be here for an exclusive interview. Power lunch starts right now welcome toll power lunch. Im melissa lee. The major averages are recovering somewhat after falling in the red on reports of a delayed trade deal we have the dow and the s p 500 marginally higher right now. The nasdaq is down by a third of a the russell taking it the hardest. Lets get over to bob pisani for more theres been reports theres no clear deal yet over the terms of a phase one deal with china, or even whether president xi is going to come to the table on the deal industrials, theres your classic one, caterpillar, 3m, united technologies, theyre all down a bit today some of the semiconductors like micron also a little weaker as you mentioned, coming off their lows we had a buildup in c