Ive got another one for you. 25 million of us were indeed out and about over the last two weeks and that is a big increase. Its not back to normal but we are coming out of the total lockdown. Dead on arrival. Thats the speakers 3 trillion spending plan. It would have encouraged staying at home. It would have bailed out the Postal Service. It would not have provided any Liability Protection for businesses. It was a votebuying scheme. Thats my opinion. Thank heaven its dead. Now this. Fed chair powell is speaking right now. This is the man who is in charge of printing money so whatever he says is important and it can move the markets. Edward lawrence is with us. Whats the headlines, edward . Reporter yeah, stu, the Federal Reserve chairman saying right now we are in the worst recession since world war ii. He says that this is a severe decline of Economic Activity and that job gains over the past decade have been erased. He says the coronavirus is the largest shock in history. Hes talking
What is it about me that makes me unique unique enough to not get sick from this coronavirus what is it about me that might allow me to survive if i did get sick what will allow me to avoid the hospital what will allow me to not be put on a ventilator what is it about me is it my age is it about whether i smoke or not or whether right maybe smoked in the past. These are important question does it have to do with how long hard your concentration of the virus that i was exposed to when i became infected small exposure minor sickness large exposure major sickness is that how it works. Then theres the question of genetics is it possible that because of my particular d. N. A. Because of the chemistry that i was born with i will be more apt to beat this thing or less up will i be among the 25 to 50 percent who gets this disease but never even knew that they had the disease. All right ive got a couple of things i want to show you lets talk about age real quick. Look at age is a factor not the
State of the economy plus the Airline Industry could be facing a grim future as the pen demick has created turbulence for sales we take a look at the performance of the sector with a packed show today so lets dive right in. And the United States economy declined by 4. 8 percent in the 1st quarter of 2020 according to data released by the u. S. Commerce Department Wednesday while contraction was expected a survey of economists by dow jones had estimated g. D. P. Would only fall by 3. 5 percent for the quarter Consumer Spending dropped by 7. 6 percent for the 1st quarter as not essential businesses across the nation have been closed due to the coronavirus pandemic now exports fell by 8. 7 percent and imports to the u. S. Withered up by 15. 3 percent now this was the 1st time u. S. G. D. P. Went negative since the 1st quarter of 2014 and the biggest drop since the last recession in the United States this Economic Contraction as the longest period of economic expansion in us has. And like
Closed due to the coronavirus pandemic now exports fell by 8. 7 percent and imports to the u. S. Withered up by 15. 3 percent now this was the 1st time u. S. G. D. P. Went negative since the 1st quarter of 2014 and the biggest drop since the last recession in the United States this Economic Contraction as the longest period of economic expansion in u. S. History and like concerning news when it comes to Economic Growth in the United States markets surged on wednesday meanwhile the u. S. Federal reserve the federal open Market Committee wrapped up crucial meetings where they decided to keep Interest Rates near 0 fed chairman of the Virtual Press Conference Following the meetings and had this to say. Last month we quickly lowered our policy Interest Rate to near 0 we stated then and again today that we expect to maintain Interest Rates at this level until were confident that the economy has weathered recent events and is. On track to achieve our maximum employment and price stability goa
This is boom bust the one business show you cant afford to miss more in washington coming up Economic Growth numbers are out for the 1st quarter of 2020 is taking a hit due to the ongoing pandemic weve expert analysis on hand to break down the state of the economy plus the Airline Industry could be facing a grim future as a pandemic has created turbulence 1st sales will take a look at the performance of the sector with a packed show today so lets dive right in. And the United States economy declined by 4. 8 percent in the 1st quarter of 2020 according to data released by the u. S. Commerce Department Wednesday while contraction was expected a survey of economists by dow jones had estimated g. D. P. Would only fall by 3. 5 percent for the quarter Consumer Spending dropped by 7. 6 percent for the 1st quarter as not essential businesses across the nation have been closed due to the. Coronavirus pandemic now exports fell by 8. 7 percent imports to the us withered up by 15. 3 percent now th