Battered and bruised the entire u. S. Economy affectedsttion considering a 1 trillion rescue plan, including possible Cash Payments to all americans. This is not an ordinary situation, so it requires extraordinary measures. Just ahead how soon could help be on the way. And clean sweep. Joe biden takes a nearly insurmountable lead as voters head to the polls in three states as the nation faces a health crisis, the growing pressure to end the democratic primary. Today wednesday, march 18th, 2020 announcer from nbc news, this is a special edition of today the coronavirus pandemic with Savannah Guthrie and hoda kotb. Hi, everybody welcome to today. Thank you for joining us on wednesday morning. Things look a little different i feel a little lonely here. Im missing my partner in crime. Im usually 6 feet away here miss guthrie, where are you . Now were really socially distancing, arent we . Its unusual. Im at home. Im in my basement right now here is whats happening i wasnt feeling my best a
Points. Brent really rolling over by about 5 , much worse than wti. It is now a pure demand issue. You see equities taking it on the chin, as well as commodities. Time for todays top market moving news from new york and our london team. We want to begin in the u. S. Come over Senate Democrats blocked Mitch Mcconnells attempt to advance the coronavirus economic rescue package. Minneapolis fed president neel bloomberg the fed can do more to support the economy. We are being more aggressive. Is there more we can do . Yes. Is there more we may end up doing . Yes, but i feel we are being very aggressive. Alix joining me for more is Michael Mckee. Walk us through what he said, what more they can do, and what is going on in d. C. Michael jim bullard is the one who really scared the markets by saying a 30 Unemployment Rate and perhaps a 50 annualized decline in gdp during the Second Quarter. Morgan stanleys is the closest to that 30 , so he thinks things can be much worse. They still say the f
Package may not be needed. Dow industrials down 76, s p down 4 points and nasdaq lower by 2 and a half this after roller coaster week on wall street where we saw dow industrials go back to bull market territory posting largest weekly gain since 1938. Dow, nasdaq, s p 500 up better than 9 on the week. We are now off of the lows at 20. 54 a barrel, down 97 cents, 4 lower. Cases of coronavirus are rising across the country, death toll topping 1,000 in new york. Mayor de blasio says people who do not practice social distancing in the city can face fines up to 500dollars. A Million Dollars raised fox last night including fox business. More Companies Help to go fight the war on coronavirus. Manufacturing, medical supplies to free flight to healthcare workers. Mornings with maria is live right now. Maria lets check Global Markets this morning as u. S. Searches for direction. We have weakness across europe, cac quarant down 41 and dax index in germany lower by 32 points. European leaders conti
Were trying to get through it. We are spread out to keep us all safe here at the station so we can stay here delivering this news to you as long as possible as well. As we all know weve never faced anything like this before something that, of course, we will get through together and we want you to know we are here for you. We want to be that resource to help you and your family. Were a family. Well have more in just a moment. First our little sister kari is tracking some rain. Nice to see this. We see a wave in the peninsula. Some of our bay area peaks. As we look at the rain following to wood side extending up to San Francisco, most fairly light. Waves of rain coming in. Ill be tracking that for you with another update. Mike, you are still seeing the cal trans crews. They are essential to the management of our infrastructure so they will be out there but with some damp, slick roadways. I had multiple lanes to move over, give them a wide berth. A nice drive to the bay bridge with no ba
Good afternoon everybody. I would like to begin by thanking my friend the Ranking Member for helping plan and hold this hearing today and i would like to thin thank the expert witnesses on the first panels. In the interest of time we are going to dispense with Opening Statements first of all thank you for this hearing. From the department of justice fbi Homeland Security as well as a separate panel of experts to speak about the Data Security threats in the nation. The title of this hearing in my view doesnt quite capture the nature and scope of the threats. Threat. The problem is bigger than beijing and broader than anyone in the industry. The nation faces an onslaught of cybercrime to b baby internet ce can be a co Complaint Center received 170,000 complaints leading to over 3. 5 billion in losses a 20 increase since just 2018. These threats come not just from criminals but from nation states russia, china, iran and north korea particularly have sanctioned Cyber Attacks against the en