And minnesota. How the dose of the virus youre exposed to may affect you. Feeling the financial pain. Nearly 10 million americans filing for unemployment in just the last two weeks. My family, my boys and my wife and kids, you know, theyre my number one concern. Now millions facing a potential loss of Health Insurance. What you need to do right now. Three ways to restructure your finances. No longer stranded at sea. Those two ships with hundreds of sick passengers have finally docked in florida. But some still quarantined on board. Were there live with the latest. Race for a treatment. The doctor from that hit docuseries pandemic now claiming hes made a hopeful discovery as researchers all over the world come together like never before to find a cure. And heroes and hope. [ applause ] First Responders and doctors cheering each other on and the patient whose wife says he was knocking on deaths door surviving covid19. Reuniting with his family for the first time in 23 days, now home from
Activity as Economic Activity grinds to a halt here in the u. S. , the white house calling for half a trillion dollars in direct payments to taxpayers and says we could see bailouts for airlines, hotels, and cruise industries, all the sectors getting crushed in todays market and crude oil down a staggering 23 . Now trading just above 20 a barrel we have every angle covered for you. Bob pisani is on the floor of the New York Stock Exchange. Kayla is in washington with the response to lawmakers. And were covering the latest on the virus itself bob, first to you on another roller coaster ride today here at the Stock Exchange. We have a quiet morning i say relatively quiet, it was down 6 tach take a look at the s p i urge you to watch it emotionally. He said we need a 30spring break. This slow rollout of a shutdown is not working market dropped quickly to the lows of the day. We hit the Circuit Breaker at 12 50 eastern time, 15minute pause. We reopened. We have not dropped to the he second
When the me will open. The chp officer i spoke with says that he expects this highway, the southbound lanes torques be closed at least until 8 00 tonight. And they are asking people to avoid this area if at all possible. And we will bring you more information as it becomes available. Reporting live in san jose, im andrea nakano, kpix5. Thank you. Now, onto that breaking news in the San Francisco District Attorneys race just over an hour interim da susie loftus conceded the race to chaseateyin thpublic Defenders Office who ran on a platform of reducing prison populations and promoting Restorative Justice and rehabilitation programs. Loftus is currently the interim da appointed by london breed last monthment she tweeted i didnt win the race, but we won the support of so many in San Francisco demanding our city work more effectively together to build safety congratulations to chase. I will work to ensure a smooth transition. As for the District Attorney elect. He tells kpix5 the people of
Exchange. We are going to bring you todays market moving news from all around the world. Ndc,brussels to New York New York ndc new york and d. C. You chief negotiator michel chief negotiator Michel Barnier says negotiations were often tough. Negotiations over the past days have at times been delivered but we have , and we have delivered together. Alix anna edwards is in brussels with more. What is actually in the deal . Anna it is taking a little while to get through all the detail, but what was going to change is nothing much in the withdrawal agreement, apart from the deal with ireland. Theyve gotten rid of the backstop and put in place something else, which looks very complex, and something the dup does not support. It involves changing the way some voting happens in Northern Ireland, the amount of concession to give to the process. It seems like they are Still Holding out. Theres also the political declaration about what they want to do next. On that side, some other parties in the
Really solid quarter. Beats in equity trading. Joining me is bloombergs sonali basak. What is the bigger stand out for you . Sonali this is five straight quarters of outperformance. They are doing a good job, while also investing in digital and growth. Likeeturn on equity, i that number because we can compare across all the banks. That is a lot far behind jp morgan. But they can lean on the consumer for growth, and their Net Interest Income in light of the Interest Rate expect asians we have for the rest of the year are Holding Quite strong right expectations we have for the rest of the year are Holding Quite strong. Alix they are factoring in just two rate cuts. Sonali their outlook is going to be very important. Jp morgan premuch told everybody it is not a big deal for the end of the year. Jp morgan pretty much told everybody it is not a big deal for the end of the year. Investment banking up 27 year on year. Advisory fees were up. Debt underwriting up. Equity underwriting a little s