Confirmed today. It is the largest oneneday increase. Tokyo governor said the infection root of 122 cases is unknown. Counter measures should be taken with urgency as peoples lives are at stake. They spoke on thursday with the minister in charge of anticoronavirus measures. Translator our ultimate goal is to prevent the spread of the disease. We were able to reach Common Ground on how to dodo that. The government waanted to as a broader range of businesses to close while thee Emergency Declaration is in effect but the Central Government wanted to minimize the economic impactt o wideespread cllosures. They may requeest that restaurants and pubs close from 8 00 p. M. To 5 00 a. M. And offer alcohol only until 7 00 p. M. The question may not cover sections of departments and diy stores that sell necessities or barber shops that are regarded as essential to lead normal lives. The government may offer final aid to those that meet the request. The state of emergency is in place for tokyo and
Week. In new york today, the governor compared the pandemic to september 11, calling it evil and stressing that people should continue to stay at home, even though there are signs that the curve may be flattening. Thats because fewer people are being admitted to the hospital now, but more people are still dying each day. Nationwide, there are now 425,000 confirmed cases, though there are still concerns that without widelyavailable testing, those numbers may not represent the total amount of infections. And as we come on the air tonight, a plan to add another 250 billion to that fund to loan money to Small Businesses has stalled in congress, even as the number of americans who have thats twice the population of new york city. Our team is covering every angle of this ask well get to the financial fallout in just a moment, but mola lenghi leads us off tonight in the epicenter of the crisis, new york city. Mola. Reporter well, norah, Health Officials canceled plans today to open up another
Work since the crisis began. Long lines americans struggling to feed their families, now waiting hours just tot food. So why is congress fighting over more funding to help those in need . Close to home a doctors struggle. Why we cant care for the patients he cares about most, his parents. Im so helpless in this whole process. Odonnell preventing the next outbreak inside the effort to close those markets for composite animals where the deadly virus was first spread. Why are they still in business . And moments of grace, americans coming together in crisis. The meaningful ways tonight that were all growing closer, even when were forced to be apa ws withah odnell, reporting from the nations capital. Odonnell good evening and thank you for joining us. Were going to begin tonight with breaking news. Two stark numbers that show how dramatically coronavirus has changed life in america. Tonight, the death toll nationwide has now reached more than 16,000, and more than six million americans hav
Needed in your view . Eastern and central time zones, mike trout 8000 and pacific, 2027488001. Go to send us a text or acebook. Com cspan. U. S. Today front page, unemployment amid outbreak hits 17 million. Layoff spung economy into a hideous state, just below on this front page of u. S. Today, you can see a woman here in her car wearing a mask in hialeah, florida, collecting unemployment. The story says the economy continues to shed job that are jawdropping pace and there is little sign that payroll losses will ease significantly any time soon amid the spread of the coronavirus pandemic. Here is the front page of the New York Times this morning. Its terrifying says the headline from one person who is being interviewed by the times. Millions more out of work. Efforts by the u. S. To halt economic damage cant keep up. Thats the New York Times. In terms of keeping up, congress as we mentioned did meet up yesterday but lawmakers hit an impasse of the next step. A congressional effort to b
Furloughs taking place the other thing to keep an eye on is the high yield bond etf, hyg, and also the junk etf, spider, bloomberg, bark clays, hy bond, jnk were seeing those jump because of some of these fed actions which include now basically buying into and helping support u. S. High yield corporate bonds, so really talk about taking all the tools out of the chest its cause something strategists to now circulate notes today asking what could potentially be next for the fed is it going to be Something Like buying into actual equities . Guys carl . We are glad back to have on our air art cashin, director of floor operations at ubs and bob pisani art, we have missed your guidance and wisdom over the past few weeks as you recover from an accident, but its great to have you back let me just start off by asking you about this historic fed move and as you said in one of your notes this morning with powell on the tape, the game is now on the table. What do you mean well, its, you know, the