Should have considered the impact. He plans to close all boops and state parks. Some communities had shut down their beaches. The order comes after six counties announced they will loosen restrictions. Construction will be allowed. Real estate transactions will resume as well as outdoor businesses. Some Outdoor Recreational facilities can reopen. But not places with shared equipment. The Summit Point Golf Club is rehiring staff. They will limit the number of golfers to 1 person per cart. Weve had no revenue since march 17th. There will be no gatherings after golf. Thanks for playing but you have to move on. The owner of the nursery in cupertino is relieved. She was only to stay open only after adding cleaning supplies. Health officials hope to preserve the progress therefore made. I want to pause and recognize just how far we have come and to express my gratitude for the sacrifice that aversussed a catastrophe. We have slowed the spread, flattened the cover, and prevented many deaths.
The opecplus curbs doing little for the global glut. The virus drags on demand. Policymakers are focused on the Economic Impact of the virus. We will hear from a policymaker later this hour. Shery we are seeing downside for u. S. Futures. This coming on the back of a second straight week of gains. We have seen coronavirus cases start the United States to stabilize. We are seeing coronavirus debts and cases here in new york coronavirus cases here in new york start to decline. Brent is down. There was a loss of 8. 5 on friday. There is a gloomy outlook on oil prices, wti at the lowest level on record. Haidi we have been listening into President Trump speaking at the daily Coronavirus Briefing at the white house, talking about additional testing and stimulus and conversations with the democrats coming close to a deal. President trump saying Vice President mike pence will be helping having discussions with u. S. Governors when it comes to shortcomings in testing in information will go ahea
Host how does this 2 trillion stimulus package, how is it going to help our economy . What can we expect to see . There of bad to be news. All it does is club a whole in the u. S. Economy. Hole in the u. S. Economy. You are going to see shocking Economic Data over the next few months where you might see upwards of a million jobs lost. The stimulus package is a big number. It just prevents a lot of companies from going bust and the stock market from coming under increasing pressure. A lot of the sources i talked to on wall street see this as a down payment for something intentionally larger in the second half of the year just to get the economy accelerated, getting things going well into 2021. Host you are seeing people on wall street and in the Business Community saying they are going to need another stimulus package just to get things back on track. This 2 trillion is not enough . Guest you are right on. That is the reality of it. Marriott, one of the Biggest Hotel chains in business,
Phonel open up regional lines. If youre in the eastern or central time zones, we want to hear from you at 202 7488000. If you are in the mountain or pacific time zones, we want to hear from you at 202 7488001. If you are a medical professional, first of all, we want to say thank you are what youre doing for america right now. We will open up a special line for you. Medical professionals, we want to hear from you at 202 7488002. And keep in mind you can always text us at 202 7488003. And we are always reading on social media, on twitter, cspanwj, and on facebook at facebook. Com cspan. Again, the president , yesterday, signed the 2 trillion coronavirus aid bill. For you a little bit what he said to the media after signing the. Bill. [video clip] republicans and democrats coming together, putting their differences aside to make this for americans first. This support Small Businesses. We will keep our Small Businesses strong and our big misses and says big businesses strong. This historic
Getting things going well into 2021. Host you are seeing people on wall street and in the Business Community saying they are going to need another stimulus package just to get things back on track. This 2 trillion is not enough . Guest you are right on. That is the reality of it. Marriott, one of the Biggest Hotel chains in business, they are furloughing tens of thousands of workers. It is unclear when that demand will pick up. Yesterday, i talked to the founder of growth help. Of grubhub. 100 million in fees. It is unclear when demand will come back. I caution people that think the u. S. Economy will snap back in the second half of the year. That is false. Year where thee u. S. Unemployment 8 . Might spike up to that is a long way from where we were at the beginning of the year. The economy does not just jumpstart. Host what are the Business Experts saying that the government needs to do right now . If the 2 trillion was not enough, what are they saying actually needs to be done to sa