A far better measure is the ten Million People who filed for jobless benefits in the last two weeks. Fed governor lockhart just told maria the jobless rate is already more like 10 . Clearly, we are in an employment crisis, and another report that comes up at 10 00 eastern will likely show the Services Sector in collapse. Thats a strong word to use but its accurate. Later this hour, we are going to talk to larry kudlow, the president s chief economic adviser. I will ask him how bad is it and he will spell it out. Look, with nearly 300 million americans under a stayathome order, the economy is shut down. Morgan stanley says that between now and june, the economy will shrink by 38 . That would be a depression, the likes of which we have not seen before. Travel, shut down. At the airport tsa checkpoints, they are processing two million fewer passengers every day. Thats down 93 from a year ago. Those flights that do take off, virtually empty. Public transit ridership, down 75 . Commuters ju
Meltdown at home just ahead, what is being done to keep your health and your money safe tearful tribute. I miss you, all of you, every day. I love you Vanessa Bryant makes her first public appearance since the loss of kobe and gianna, to lead an emotional and starfilled celebration of life. Kobe was my dear friend he was like a little brother this morning, the powerful tributes to a father and daughter gone too soon, as one of the event speakers joins us exclusively. Those stories, plus, faceoff. Joe biden and Bernie Sanders running neck and neck in South Carolina ahead of tonights debate from hidden to hero. Tributes pour in for the groundbreaking woman who changed nasa and to the rescue. Good samaritans saved a unconscious woman who plunged into a Florida Canal jump out. Inside the race against time with a happy ending. Today, tuesday, february 25th, 2020 from nbc news, this is today, with Savannah Guthrie and hoda kotb, live from studio 1a in rockefeller plaza. Hey, everybody welcom
Acknowledge forgiveness. Weir imperfection as human beings. The law is imperfect. At 10 00 p. M. Eastern, former Ambassador Nikki Haley with her book, with all due respect. Watch on cspan2. U. S. Senators wanted to know if the 2018 farm bill is being implemented properly. Agriculture, nutrition and Forestry Committee members talk to farmers. Rural Utility Service officials and Healthcare Industry leaders about issues impacting Rural Communities including access to Rural Broadband, Water Infrastructure and Health Care Services and agricultural production. Good morning. I call this on committee to forestry to order and its continued eversight of the department of agricultures implementation of the 2018 farm bill. A principle duty of this committee is to ensure that the department had the authority and resources to provide the agriculture producers with the necessary tools to feed a troubled and hungry world as well as this country. But the responsibility of the committee and the usda doe
1. 13 . Wowza. They jeweled that nasdaq they reacting to a glut of ipos. On the investment publics back. I take no joy in this but i told you so all year i predicted the ipo cycle would end with a whimper and now its here. Busted deals like peloton. On the heels of smile direct and lyft and uber. Boo theyre booing, becoming the norm there is a big reason why it keeps getting hammered especially the turbocharged Growth Stocks. Did you see them today kind of to the point the president i hope follows through to block more chinese iphonipos no, no, aagh i dont chatter about limitations by the president causing the market to get hit because anything thats not flat out suggesting compromise indicates that were much furthe further away from a trade deal than the bull has hoped. As someone who wants the chinese to play fair, i think a ban on chinese ipos would be a blessing its not whats in the cards, i can tell turns out talk is really about limiting American Investment in chinese companies.
To blocking a no deal october brexit as he says hell seek an early election. Vote tomorrow to stop negotiations and to compel another pointless delay to brexit potentially for years and that would be the only way to resolve this european stocks jump with german car makers feeling the relief the ftse mib out performed while italian banks back a new coalition with the pd. And luxury stocks laeap alon side the hang seng and the executive sparked antigovernment protest weeks ago. Well, a warm welcome to street signs we have a packed show. A lot to get to we had much better numbers out of france and the preliminary number also better in germany but italy has come out a little bit weaker so broadly speaking putting all of these together, it does paint a picture of at least from the pmi perspective, the data appears to have bottomed from where we were in july. Its early to say that. Its interesting to see how the ecb reacts to the latest data now in terms of the ecb is the Banking Sector and