That we have this morning. Well, houston is considering new lockdown confirmed coronavirus cases surge, florida recording cases in single day. Republican Convention Speech will take place in jacksonville. One Harvard Health expert is warning the u. S. Will hit 200,000 deaths in september, he joins us next hour. Check directly to americans. Police reform. President trump calling for Police Departments to meet the most current professional standards of force saying he will afounds announce four step plan centering minority communities. President trump warning, if leaders cant take back the city, he will. Microsoft keeping its facial Recognition Technology from police falling in the footsteps of rivals apple, amazon. Big business of youtube. Producing you to the people gaining popularity and making money from posting videos. Today the moms behind parenting videos scoring 60 million views a month. Mornings with maria is live right now. Cheryl taking a look at europe right now. Green across
In the bay area and sadly, at least 30 tphaoaepb people died. But, if there is a little bit of good news this is it. It continues to fall. The chronicle reporting that 334 people are in bay area hospitals right now with the coronavirus. That is the lowest number in over a month. We have the changes that will take effect here tomorrow in many parts of the bay area. Greg . Reporter these are not drastic changes but they are changes nonetheless. The shelter in place orders in at least 6 bay area counties will remain in effect the month. State and local authorities are making some changes that begin to kick start the economy and give people more recreational opportunities. Reporter first, what you will not see, restaurants, bars or cafes filled with people. It is still take out only. Some outdoor businesses such as nurseries, car washes and construction are coming back on line as long as they social distance. Construction it means hundreds of projects and tens of thousands of jobs coming b
Jobless claims, though, 4. 4 million, bringing the total to 26 million over the past five weeks. Oil bounces, and the european pmis remain historically low 16 in france no, 10 in france 16 in germany. Jim, though, your tone this morning is relatively hopeful. Look, i am a creature of who reports and what they say. And i can literally i find it hard to remember as Many Companies as saying good things, even as obviously were in nidest of a pandemic, and i dont think theyre all clockeyed optimists. These are large cap companies. These are not the companies that the government is trying to protect. These are arguably the winners the companies that are going to get stronger i listened to lee, and Lee Cooperman was talking about what its going to look like on the other side i look at my desk. I have reports everywhere here these are all companies that are going to come through with fewer competitors. And that may be bad for the u. S. Consumer, but its good for the stock market david, would y
Sadly deaths are the lagging indicator youve been in the hospital for x number of days in extreme cases you could be put on oxygen or ventilator. Thats it. Hospitalizations are starting to decline as they appear to be at a steady rend in new york. That could be welcome news indeed. Statewide hospitalizations have been averaging 1996 in april in the latest period versus better than 2250. The trend just the day before. Meanwhile the governor is outlining he said well need an army of tracing investigators to identify people who may have been exposed to the covid19 virus. You keep hearing this, tracers, indicators, who come into contact with those who tested postively for the virus. That is why the testing issue is so big. Were told jeff bezos of amazon, who is on the ad hoc Advisory Board, sort of giving advice to the president how to proceed, if an when to reopen our government, our society, our economy so to speak. He has been saying not until we have many, many more tests going on. Did
Decline in infection rates as people are told to stay at home. But the virus continues to ravage economies across the world. Bloomberg economics seeing australia is heading for its deepest rest recession in 90 years. Taylor a quick reminder of how u. S. Stocks ended the day. A pretty good day on wall street. Up date on the s p 500, the fourth out of five up days we have seen as futures come online. Some of those gains just lightly continue to be extending in the session. So, starting to hear some rumors perhaps of catching a bottom with the equity markets, as you have not seen major losses. One market that is seeing major losses that we flip up the board, it is all about the equity markets, within the crude markets, i should say. Crude falling on monday, down for a Third Straight day. Today, now monday evening, trying to recover some of those losses. Up to 8 10 of 1 but Still Holding onto a 20 handle, near the lows we have seen going back since 2002. I want to see how things are shapin