Eta strikes again. The Tropical Storm making landfall in hardhit florida for the second time bringing dangerous flooding. We are live in the storm zone tracking the new threats this morning. Troubled waters. Covid scare at sea. A passenger on board the first cruise to set sail in the caribbean since march reportedly testing positive for coronavirus. Passengers quarantined in their cabins as big cruise lines gear up for test runs looking for Healthy Volunteers to help them get back on the high seas. Two weeks till turkey. How to play it safe this thanksgiving. What you need to know before traveling. The new rules and risks, and the ceo of kroger here live to answer questions about potential shortages at the Grocery Store. The devil will get your soul and countrys golden night kicking off with a powerhouse tribute. The starstudded cma awards unlike any youve seen before. Hey, in 2020, its great to be anywhere. Were taking you backstage with the biggest wingers. Eric Church Taking home th
And the picture of devotion. The er doctor who hasnt been able to hug her baby son for seven weeks. What keeps her motivated to fight on the front lines. Good thursday morning, everyone. Weve been reporting for weeks about the scale of the Health Crisis in this country. Now were getting new figures on the economic crisis. In just the last month 20 million jobs were lost in the private sector alone and figures out this morning are expected to show that 33 million americans have filed for unemployment benefit. Heres proof of the economic hardship. This line outside a food pantry in queens, new york, was half a mile long. A new study finds 17 of American Families with Young Children are going hungry. Most of the country is reopening, but the restrictions are causing tension. In Oklahoma Police say two workers at this mcdonalds weree dini roowa feteateng. But we begin our coverage with the growing concern about the economy. This morning, as unemployment numbers soar across the country, cov
Drug that meant people werent dying of this. In the study, only two people died no placebo up against the remdesivir they were using these are early results but promising signs of hope. The dow futures indicated up by about 700 points if we continue like this, that would put the dow in positive t territory. S p indicated up about 75 points and the nasdaq indicated up by about 177. Lets look at the treasury market yesterday, those yields for the 10year were under a little pressure they had come back down even more we were talking about under 0. 7 looking now at the 10year treasury, you will see on this friday, last trading day of the week, the 10year is yielding 0. 64 . Looking at oil and the shut down of Oil Production and cuts of the number of barrels being produced a day around the globe, you did see prices come back down it is not enough to keep up with the dropping demand. Watching that too. This morning, wti is down to 18. 61 a barrel well be talking markets, potential medical bre
The dow gained 91 points the s p only climbed 1. 9 . Nasdaq barely at all 0. 8 where do i even start . This morning kicked off with an interview we did with the chief Economic Advisor and my former cohost here on cnbc, he explained that the agreement side with china is a lot more farreaching than most people realize. It actually forces china to change the way it runs its economy to create a more level playing field. He said our relationship with china is quite cordial because the Chinese Government recognizes that the United States doesnt want to disengage with them. While this deal was being negotiated, the big fault line was repeating those who dont believe china can ever be redeemed so why not just keep hitting them with tariffs forever so wreck their economy and those that think that china can be a good trading partner if theyre willing to play by the rules. Call it the engage camp versus the disengage camp and the engage camp just won from the stock market perspective, that is fab
Sector of the year and the decade the Investment Committee is ready to go, Halftime Report starts right now welcome, good to have you with us on this friday our Investment Committee today, joe, jack, steve and liz, director of Market Strategy and margaret reed, senior Portfolio Manager with union bank. Lets begin with the jobs blowout, the reaction in the stock market perhaps the belief is that we can have the yearend rally after all. This says to me phase one. You just need the economy to keep humming. If we can have it, we are having it. And i think like the biggest lesson of 2019 is the industrial data is just so misleading and so unimportant for people to obsess over. But a lot of the Economic Data points that we traditionally Pay Attention to, they come from the 1950s, the 60s, the 70s. The economy has changed and its become more globalized and consumer centric i cannot stress enough how important it is to look at price versus listen to economic opinions if you listen to opinions