What they need so they can get home and be safe take a look at this video though you can see the line of people about a dozen people in line this morning waiting for the store to open and when the store doors did open the ploys made an announcement to everyone saying hello everyone, this is what we have this is what we dont have and by the way for the first hour we are making it just for elderly people and for those who have compromised immune systems, however, the whole line went in and it was a people of all ages i asked an employee and he told me that they cant stop people from going in. But its really recommended that people left that hour before those most vulnerable. So hopefully you know this is the first one day they could be doing everyones day hopefully the word will spread of people actually give this hour for those Vulnerable People now take a look at your screen target is not the only company doing this as well there are other Companies Like whole foods and you can see on
Economy. Thats where well begin this morning. First things first with money correspondent jill schlesinger. And then at a time when all of us are using the internet, we ask our david pogue if the internet can handle all of us logging on at the same time. Thats our cover story. Reporter as more and more americans do their work and take their classes at home, over video, more of them are having problems with the internet. It is almost as though it were buffering, and i hear every third or fourth word, then it would freeze completely, and that would be it. There are a lot of signs that traffic is increasing pretty dramatically, especially during working hours. Reporter as we move our entire lives online, can the internet hold up . Ahead on sunday morning. Pauley and then it is on to the toll all of this is taking on our emotional health. Susan spencer is on the case. The stress, the anxiety, the emotions that are provoked by this crisis are truly significant. As new York Governor Andrew C
Going on the president announces a travel ban but the lack in detail and large scale coordination is rattling the markets on the legislative side, theres little agreement on how u to move forward on any relief and just this afternoon, the fed announced a massive injection of liquidity into the market. It briefly shocked stocks higher but now weve drifted back down towards the lows o the day a number of big interviews this afternoon. Jack lew on the economic response cmes ceo, terror ki duffey on ty and ben is the former ceo of sprint currently sits on board of jet blue hell join us to discuss the pain thats being felt in the travel sector, and zoe, does it hurt we are all over this massive market sell off. Charlie from Ariel Investments is with us for the hoyer hour. Meg is tracking all the new details on this coronavirus outbreak and elan is in washington with the latest on the house stimulus vote. First, the new york fed just announcing that massive liquidity injection. Cnbcs senior
County of santa clara. Thats 36 more cases than i reported on monday. I have signed a mandatory order prohibiting public or private gatherings of more than 100 people. Santa clara county takes dramatic action. Public schools in Santa Clara County will close to student attendance beginning march 16th through april 3rd, 2020. Each of these institutions are giving guidance, doing it frankly with the heavy heart because there are tradeoffs with every decision that we make. I recognize we are in very difficult times. These decisions are hard to make. We are balancing the Public Health need to slow the spread of infection with a significant impact, we know these actions will have on the lives of our residents. We believe these actions are necessary to protect the wellbeing of our community during one of the most historic Public Health challenges of our time. Once again, we begin with important knew developments on coronavirus. Good evening. Im dan ashley. Im kristen sze. These new developmen
We have fox Business Team coverage. Phil flynn is at the cme. Edward lawrence is on capitol hill, blake burman is live at the white house but first, lets go to Kristina Partsinevelos on the floor of the new york stock exchange. Do we have kristina . Kristina Circuit Breaker halted all markets for 15 minutes. The new york fed came out injecting 1. 5 trillion today and tomorrow in the repurchasing market. A lot of movement. Yet we still finished the day down, almost 10 lower at the dow, 2321 points. S p almost 10 as well. 9. 5 lower. Same thing for the nasdaq. Complete negative territory. You guys talked about it, this is a historical day, the biggest drop since the crash in 1987. I was only two years old at that point. Look at dow losers for the day. The dow has been down the entire day. Boeing, boeing taking a major beating. The stock was halted earlier today. Walt disney on there, ibm, american express. I want to switch over to travel stocks weve been paying attention to today, more s