The backdrop continues to be the coronavirus. New york city finally gets a chance to reopen today. I am waiting to hear the construction outside of my apartment. It has been three months under that stayathome order in new york. A live shot of Herald Square and the area around the empire state building. Construction, add, manufacturing, wholesale trade, and Retail Stores can offer curbside or instore pickup. A former new york state Lieutenant Governor and current member of mayor bill de blasios Fair Recovery Task force. There is really no other person. E really want to talk to today this comes in contrast to the protests we saw. How did the protests affect phase one of reopening . Dick one cannot be certain. I think the Biggest Issue is the revenue loss that the city will suffer as a result of sales taxes and property taxes and income taxes. Its impossible to measure but it is way beyond the capacity fiscally of the city or state to make up for that lost revenue. A function ofs how many
America. President trump versus twitter, social media giant factchecking the president s tweets but President Trump is fighting back accusing twitter of election interference and stifling free speech, House Republicans are suing Speaker Nancy Pelosi, looking to end proxy voting and forcing members to appear in person. One giant leap for spacex today, elon musk looks to make mystery launching astronauts from florida to the International Space station later today and the nhl taking a shot skipping regular season going directly to playoffs. Martha stewart will join me at 8 30 a. M. Eastern, mornings with maria is live right now. Global markets are higher, take a look at indices, cac quarante is up 87 and dax index in germany higher by 208 points. In europe green across the board as investors look toward stimulus package in the euro zone, reported kristin lagard the u. S. Economy will shrink due to pandemic. Markets were mixed, tensions rise in hong kong, as you can see the hang seng down
April 10. Climbed the most since april 10. Millions of us are watching a lot of television. Netflix jumped, but investors questioned how long the binge will last. Shery look at how markets are trading. We are checking oil prices after we saw that crash this week. June futures are rebounding slightly. This coming after it plunged 70 may contracts expiring, sinking below zero for the first time ever, traders fleeing oil to avoid taking delivery of physical barrels. Seeing a rebound across the board but significantly lower from where we were earlier this week or last week. Look at how the broader markets are trading up your u. S. Futures after stocksg, tumbled the most in three weeks pay we had a frisch a fresh rout of risk aversion. Around the 2700 level. President trump and secretary of treasury mnuchin giving a briefing at the white house. Lets listen in. The certifications are quite significant. How many jobs have been saved while the money was going ppp is over 30he million jobs. Tha
A 2nd wave of coded 19 but his Health Experts say infections will come back. After 9 years of a war in syria the 1st trial linked to alleged state sponsored torture has begun in germany plus. Field u. N. Technology thats making it difficult for nations to connect when they need to be communicating more than ever. And in school the n. F. L. Draft gets ready to go virtual the games best Young Players be selected remotely with millions of fans watching. Lets get going we begin this news hour in germany where the chancellor Angela Merkel has issued a call for Greater Unity in the fight against with 19 during a speech to the Parliament Mrs merkel emphasized both the need for International Cooperation and also within the European Union saying success could only come if the book could fight the virus together with that in mind she called for a bigger budget and she said germany was ready to pay quote significantly more to help with the economic. Recovery that comes as a youth leaders prepare
Clinics desperate for supplies after years of blockade. Also ahead after 9 years of war in syria the 1st trial linked to alleged state sponsored torture kicks off today in germany. Install the n. F. L. Draft gets ready to go virtual the games best Young Players will be selected remotely with millions of fans watching on. Lets get going beginning this news in the United States where figures just paint a devastating picture of the state of the economy in just 5 weeks all of the jobs created since the end of the 2009 recession have been wiped out here are the numbers last week another 4400000 americans filed for Unemployment Benefits. Thats fewer than the week before when more than 5300000 registered for jobless support but the speed of the rise in those figures is unprecedented in all more than 26000000 americans have now applied for Unemployment Benefits since the end of march that was when President Donald Trump made the 1st of his covert 19 outbreak declarations lets talk now to our W