Be affected by the virus. And sanders pushes biden in his First Network interview since endorsing joe biden. The senator tells us why he thinks all of his supporters should vote for his former rival. But first, heres todays eye opener, your world in 90 seconds. The battle continues, but the data suggests that nationwide we have passed the peak on new cases. In terms of the key steps we have to have in place to reopen the economy. If you had a magic wand, what would we need . The absolute thing that you would need is to be able to respond and contain whatever rebound you get. Another 5 million filed for Unemployment Benefits last week. In a fourweek span, more than 22 million americans filing for unemployment claims. Massachusetts senator Elizabeth Warren officially endorsing former Vice President joe biden for president. If he asked you to be his running mate, would you say yes . Yes. U. S. Navy now says iranian vessels tried to harass american war ships in the north arabian sea. Dange
With the hopes of going ahead. The Federal Reserve move made a turnaround. That led to selloff yesterday. Dow industrials down 582 points, nasdaq down 18 and s p lower by 67. Reports that u. S. Airlines are looking into voluntary shut down of passenger flights across the country this morning. We will take about it. Ceo of boeing David Calhoun joined me later this morning on asking for bailout, suspending dividend and foregoing his own pay and shuts down. Im going to have a report for you jpmorgan says theres a trillion dollars wait to go flow waiting to flow into stocks. President Boris Johnson putting people in lockdown and banning meetings of more than 2 people. Take a look at asian markets here. South korea doubling coronavirus package. Kospi index off 8 and a half percent overnight. More bad news on the chinese economy to report. Latest survey from china warning economy could shrink to 10 to 11 . Thats just the First Quarter for china. Take a look at 10year treasury rise and settin
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
Surgeon general is issuing this stark warning when it comes to the pandemic. Everyone needs to act as if they have the virus right now. Test or no test, we need you to understand you could be spreading it or getting it from someone else. Stay at home. General powell spoke sternly with the today show saying the public is not taking it seriously and again, if you are not infected Everyone Needs to act like they have coronavirus to stop its spread. New at 111, students return to belongings left behind in classroo classrooms, picking up books and computers as Online Learning should start as soon as tomorrow for students. One dad says its hard for the graduating class. So no graduation. How do they feel about that . They dont like that. They miss their friends, they know its the last year together. A lot of emotion as well. Most parents are saying they are hopefully getting classes it start as soon as possible and kids will be ready because theyre restless at home. In bay area more than 790
Council we value european allies and valued u. S. Engagement in the transatlantic relationship and the initiative is precisely to make the case that the European Union is a key, critical Strategic Partner of the United States. Part of our role is to explain the developments within the European Union and to engage policymakers and great bridge between policymakers United States and europe especially in times of Great Power Competition for as you know president macron of france is laid out an ambitious agenda for reform of the European Union for engagement of partners like russia, reforming the eurozone, reforming and stepping up European Defense integration as well as changing enlargement policy. These are issues that are think will discuss today with the minister. Let me first turn to start with initial remarks and then we will open to a conversation with all of you and we want this to be as interactive as possible. Thank you very much. [applause] good afternoon. Thank you for hosting