Hour the u. S. Passing a tragic milestone now. 50,000 deaths related to the coronavirus. Meanwhile, all eye ons ts on the of georgia as it tries to reopen well get a live report. Over to you, kelly thanks. First, lets get to bob to wrap up the volatile week we had for stocks and whether it still has legs. It might. The good news is we got the Coronavirus Relief package passed we got a lousy durable goods number just look at what a mix day we got here boeing has been around the dow all day. Its down 15 on the week. That durable goods number was a lot about boeing h home depot, apple, this is all over the place its not a clear direction i think the problemis the rall has stalled out a bit. Have you noticed that . Were down 2 . We have gone nowhere since april 9th. The bears are saying the economy doesnt justify 2800 in the s p 500. Its signaling a bigger slowdown the bulls are insisting the big Balance Sheet companies are doing fine feds on their side theres arguments on both sides. One
House goes on joe biden is in but secured his place is the democratic nominee but can he be still trying to join us for continuing coverage of the u. S. Election 2020000. Shall carry this is counting the cost on aljazeera your look at the world of business and economics this week billions now to save trillions in lost economic output the hunt for a vaccine is on well talk to the c. E. O. Of a drug maker that is using a cancer drug in trials to treat over 1000. 00 patients and from senegal the 1. 00 test kit. Oil shock proved to sinks into negative territory now cheap oil may be good for some users but it also means job losses as rigs shut down production. As government spent trillions on keeping a condemnation from collapsing it is time to consider the other crisis Climate Change and starting to issue green bonds. But you take 10 to 15 years the Global Scientific Community hopes to cramp and 2 months World Health Organization says there are 70 vaccines in the works for covert 193 of th
By the u. S. Military going to discuss all that and more coming up all right its time to move through news i q. Its a move no one seen in decades on monday oil prices plunged into the negatives prompting President Trump to make this announcement were looking to put as much as 75000000000 barrels into the reserves themselves that would top it out it would be 1st time in a long time its been good for the rate brace. Now adding that much oil is a major task but where do you store it meantime Oil Prices Continue their downward spiral today for more on all of this lets bring in our fronsac shes been following the story fair and this is the 1st time in history right that that oil has dropped below 0 right middle and you know. Really a domino effect all from the coronavirus now people have these stay at home order so people are there driving last no ones flying anywhere so you have all this extra oil not being used and theres only so much oil the world can store and were already bumping up ag
By the u. S. Military going to discuss all that coming up all right its time to use i. Q. Its a move no one seen in decades on monday oil prices plunged into the negatives prompting President Trump to make this announcement were looking to put as much as 75000000000 barrels into the reserves themselves that would top it out it would be 1st time in a long time its been good for the rate brace. Now adding that much oil is a major task but where do you store it meantime Oil Prices Continue their downward spiral today for more on all of this lets bring in our fronsac shes been following this story and this is the 1st time in history right that that oil has dropped below 0 right now and you know this is really a domino effect all from the coronavirus now people have these stay at home orders so people are theyre driving less no ones flying anywhere so you have all this extra oil not being used and theres only so much oil the world store and. Were already bumping up against the limits of Sto
Its time to move your news i hear. Its a move no one seen in decades on monday oil prices plunged into the negatives prompting President Trump to make this announcement were looking to put as much as 75000000000 barrels into the reserves themselves that would top it out it would be 1st time in a long time its been good for the rate brace. Now adding that much oil is a major task but where do you store it meantime Oil Prices Continue their downward spiral today for more on all of this lets bring in our fronsac shes been following the story fair and this is the 1st time in history right that that oil has dropped below 0 right now and you know this is really a domino effect all from the coronavirus. Now people have these stay at home orders so people are there driving last no ones flying anywhere so you have all this extra oil not being used and theres only so much oil the world can store and were already bumping up against the limits of Storage Capacity and thats why were continuing to s