From the billionaire buyer about his 240 restaurants that are back in business open once again. Hell join us later. First, over to you as we mentioned, fed chair Jerome Powell testifying on the cares act today. Lets bring in steve for more. Steve. Thanks very much, kelly the treasury secretary and the fed chairman defending the programs that are out there. The critical questions being how soon will this money be delivered. Is it going to the right people and is it enough of it out there . Poul w powell was asked about the question and here is his response regarding maybe more needs to be done this is the biggest response by congress ever and the biggest from us and this is the biggest shot we have seen in living memory and the question looms in the air of is it enough. He seems to suggest that more may need to be done. Congress wanted to know where is the money they appropriated and the fed is yet to launch several programs here is graphic that may help you understand where this money
All about the big game of chicken that is breaking out in china, but first, what is the real read on retail . The Group Holding strong as we wrap the major week of earnings and we could dash hopes of any robust retail rebound and another 2. 4 million americans filing for unemployment last week and while we all knew that the number would be awful, it may not be telling the whole story. The total claims exclude hundreds of thousands of selfemployed economy workers, as well. So with millions of americans and millions of consumers out of work, which retailers are best positioned for this road ahead guy. Hi, mel hi, guy i feel it necessary to say hi so i wont see you so which retailers are best suited in this environment and thats a great question and something well talk about and i know steve will talk about costco correctly and karen had thoughts on t. J. Maxx, but the one i keep coming back to is Dollar General and i think Goldman Sachs just initiated the name with the 202 price target a
Viral hotspots emerging in the country. Look back at another so real time germanys capital 25 years ago this album god after installation was all the rage the gift wrapped christ stuck like crystal and john clothed in allows the specter of their work. As well come germany is taking steps to reopen the economy and further ease restrictions on public life those measures are expected to be announced today after chancellor Angela Merkel holds a teleconference with heads of state governments a draft decision still warns that a possible new spike in infections could leads to more lockdowns its been 100 days since germanys 1st confirmed case heres a closer look at how the outbreak has unfolded as the country carefully moves to reopen. Another day with fewer than 700 new infections the president of the German Public Health agencies seem pleased ahead of the next round of easing restrictions. To protect the population from covert 19 and the best ways and that has worked really well in germany s
On the nations food supply and Meat Processing industry. On why, dr. James hamlin some people who contract coronavirus get sicker than others. Oft this, the last day april, jay powell says he expects an unprecedented drop in Economic Activity over the next few months after it was reported yesterday that the u. S. Economy shrank at a 4. 8 pace in the First Quarter and economists are decked in additional 3. 5 Million People filed for Unemployment Insurance last week. The Labor Department will release those numbers officially later on this morning, which brings us to the question in the first hour, how has your financial situation been since the pandemic . Perhaps you have saved money or asked for financial help. We want to get a take on how you have been doing financially over the last few weeks. 202 7488000 if you are better off. 202 7488001 if you are worse off. If it stayed the same, 202 7488002. You can text us at 202 7488003. You can also post to our twitter feed and Facebook Page.
Will close for 40 days on day one when their fuel burned and light people lighting up from 60 and white trying to get to the Stores Stores had to be closed down yet it was. Not surprised. By 70 percent laser shutdown the stardust is going to be all of a problem and its likely going to going to be close to again because of course not. Because of those who are reporting from delhi for us thank you. Youre watching the news heres a quick reminder of our main story germany is set to announce steps to reopen the economy from coronavirus lockdown busying live pictures here from the chancellor of the chancery right now chancellor Angela Merkel is due to hold a press conference shortly shes held a teleConference Today with state premiers to discuss a further loosening of restrictions on public life its expected states will now decide what can open and when as long as the infection rate stays in check and while we wait for the chance of the start of press conferences have a look at china it was