How hes been getting by in these challenging Economic Times and later in the hour well check in with Healthcare Workers on the frontlines of the covid19 fight to see if the situation here in new york has been improving. So all of that, is coming up. First though our top stories of the day fox Business Team coverage with blake burman following the latest news out of the white house. Lauren simonetti on the markets we begin though with Edward Lawrence live in washington. Edward . Reporter yeah, connell we all know that headline number 20. 5 Million People lost their jobs in april, the Unemployment Rate at 14. 7 , that is the highest recorded Unemployment Rate since 1948 when they were keeping track, and if you dig deeper into these numbers almost half the job losses are coming from Industries Directly related to consumer spending. Retail lost 2. 11 million jobs, leisure and hospitality lost 7. 65 million jobs, Stores Closed , cruise ships docked, hotels not taking reservations in april.
Where they had white a busy day. Gerri willis on the floor of the new york stock exchange. Same there. Phil flynn watching action in gold in chicago on the floor. Gerri, on the floor, take us through the crazy day. Reporter we started down, continued on. You can see by this chart, worst day for stocks since august 23rd. All subpoena 500 stocks traded lower. A decade low for manufacturing. Im not hearing from traders a huge amount of surprise about this. In fact it was surprising in the opposite direction we kept hitting new highs. They were more surprised by the fact that we hit nearly 900 points yesterday and today for the dow. Looking for earnings next couple weeks. That could be negative. Could be a replay of last years third quarter. Well see eps down about 2 yearoveryear. Major averages today, dow down 1. 85 . The s p down similarly, 1. 78. Nasdaq even more so. Look al that. Meanwhile talk about oil, this is an important thing. You see on the screen right there down seven consecut
with dementia. a major recall from tesla, the glitch in the self-driving software at hundreds of thousands of cars. the feature allows cars to speed through intersections in an unpredictable manner. residence near the toxic ohio train derailment are demanding access about their own safety and health. covered in bruising from itching, i think it is something in the air. at least one person dead, multiple injuries after a shooting at a mall in el paso, texas. we heard the shots go off, got up, everybody started running to the bathroom. norah: and mikaela shiffrin makes history. mikaela shiffrin comes out of the gate on a tear. shiffrin hangs onto the lead! and she is a first time world champion in the gs. norah: good evening, and thank you for joining us. tonight, 46 million people are dealing with a dual threat of a winter storm and possible tornadoes. that system already dropping more than 8 inches of snow in parts of iowa, making for dangerous driving con
they shouldn t get away with it. and any day now a texas judge could make one of the biggest rulings on abortion access since roe v. wade was overturned could a popular and fda approved abortion pill be pulled off the shelves nationwide plus, what we now know about a top college basketball star being linked to a fatal shooting and the dancing grannies hit the streets during mardi gras. why it was so much more than just a celebration announcer: this is nbc nightly news with jose diaz-balart. good evening we begin tonight with a rare storm that hasn t been seen in california in decades. as we come on the air, millions are under life-threatening flash flood alerts after an historic system pummeled the state. just listen to this, a blizzard warning was issued for the first time ever in san bernardino county, where they saw more than 5 feet of snow other parts of the state saw hurricane-force winds and torrential rain. rescue workers raced against the clock to save stran
anyone. none of his advisers wanted to hear his views on foreign policy. they wanted trump to be quiet. he wouldn t. what is the point of nato he asked 30 years after the fall of soviet union. shut up racist. trump kept going. why would we fight russia, he wondered. wouldn t making russia our enemy drive putin in to the arms of china and create the most anti-american block in history? nobody bothered to answer him. they impeached him for it and starred a war with putin. in retrospect, trump asked a deeply patriotic question. if russia ever joined forces with china, american global power would end instantly. you d have the world s largest land mall and the natural gas reserves aligned with the world s population and the world s larger economy. a russia china axis would be not just more powerful than the united states but much more powerful. it would have the scale to control a lot of the world s economy and trade routes and raw materials. it could project military force that w