Reporter and of course neighbors helping throw birthday pope francis is weighing in celebrations in isolation. Happy birthday on a possible reason for the reporter lorraine turning 100 years young with a surprise outbreak of the coronavirus, Climate Change. Singalong. Happy birthday to you in a new interview the pontiff suggested that the virus may be one of natures responses to people around the world ignoring Climate Change. Francis went on to say that society has not responded to happy birthday, lorraine. What he calls partial atria lake, arlington, like retirement communities all over planning more fun for residents. Catastrophes like the fires in australia or flooding, widespread flooding. There are a number of scientists and Climate Change lenew years dchsts,hanksgivinga activists who are linking human activity to what they call a thanks for including my friend in south carolina. Planet in crisis and they are had to do it, she can sing. Soon when this is all over even going so fa
The government says they approved the loans, and the Health Services in santa clara banks cant give out the checks because of the way the county . Government approved the loans, well, we have seen several it may leave them holding the Health Disparities based on bag. We learned President Trump is planning to create a second where the africanamericans and Coronavirus Task force, and this one focused on the economy and a Latino Community is living. Big part of the economy is we have a sigma behind getting getting these businesses, especially Small Businesses to behind Health Services, and work again. President trump says he hopes thats where our agency has this new money that the senate partnered with the county of is expected to vote on today santa clara and various other partners to provide services will help. We do not have time for the here in the community are for partisan games. We dont want that, the the community as a whole. When we talk about the obstruction. The totally unrelat
Breaking news. U. S. Stock market futures are limit down even as the Federal Reserve slashed rates to stave off recession in the face of a global coronavirus threat. Life in america changing rapidly as governments at every level take drastic and unprecedented steps to try to slow the spread of the pandemic. Major retailers including nike and apple, shutting their doors for weeks. Well talk about the fallout for the u. S. Economy it is monday, march 16, 2020 squawk box begins right now. Good morning im becky quick at cnbc headquarters joe kernen and Andrew Ross Sorkin u. S. Equity futures hitting limit down after dropping 5 that means they cant trade any lower this morning those are the curbs set up by the exchanges. You will continue to watch whats happening with the etfs, however, because they are not held to the same restrictions. Can you see the dow etf is down by 9 . The s p etf down by almost 9 . That gives you a better idea of where the major averages would open if we were open h
Quarter. The Second Quarter is probably going to be weak. In fact, in the view of many, output declining output lower in the Second Quarter than in the First Quarter. After that, its very hard to say how big the effects will be or how long they will last thats going to depend, of course, on how widely the virus spreads, which is something that is highly uncertain and i would say in fact unknowable jim, so its just you and me today. Lets start broad. Get your thoughts on the last 72 hours. What are you thinking right now . I think that the one thing i was very worried about in the 2007 and the 2009 issue, could i take out 50,000 from Jpmorgan Bank because i was concerned. And i took it out. I took money out of a lot of Different Bank accounts. This time im not. What was the purpose of last night . Theres a lot of things. The purpose of last night was to make sure you didnt take money out of the bank because you didnt trust the system. You dont have to bury it. That was important now the
David well the president tweet ing this response to the rate cut. Jay powell and the Federal Reserve fail again, no guts, no sense, no vision, a terrible communicator. That is an Economic Confidence index of the countrys top ceos sinks to its lowest level under President Trump due in part to u. S. Trade policy, and jpmorgan s jamie dimon says he does not think cutting rates will offset trade worries though he also reiterated he does not see a recession near, but should investors be concerned about a slowdown . Not to be cynical here, david, but i think that the Business Roundtable might have an alterior motive because they were very concerned about the Third Quarter but then six months out, they have all of this optimism so they have a slowing in sales in the Third Quarter but six months out they think they were going to have an increase the same thing with capex. I think what they are doing is trying to send a message they need more certainty in trade. I think that we continue with Sl