How thermal Imaging Technology could be part of the new normal for stores after the pandemic. The ceo of target will tell us how the entire Retail Experience might change. Its changing, but first, heres todays eye opener, your world in 90 seconds. Were doing everything in our power to gradually reopen our nation and to safely get our people back to work. They want to get back to work. The white house is rolling out new covid19 testing guidelines for states looking to reopen their economies. Just like we learn how to adjust after 9 11, we can learn how to adjust after this. President trump also encouraged governors to consider reopening schools. I think youll see a lot of schools open up, even if its for a very short period of time. I think it would be a good thing. Technical issues plaguing a second round of emergency funding for Small Businesses. Many report getting error messages. New york has canceled its democratic president ial primary. Its a blow to american democracy. Election e
When it comes to the dow jones, boeing is the worst performer, proved to be a drag. The 10year yield, down slightly after the economic data. Back below 20 a barrel on crude oil. Itn the government saying may give producers money not to take oil out of the ground. The next backup about 41. Lets get some details from Abigail Doolittle on the markets. Abigail it is proven to be a choppy, volatile day. Small moves but nonetheless, up and down, as investors do with jobless claims, earnings. Hat last leg lower right around the time Governor Cuomo said that the shotgun for new york state would extend to may 15, a leg lower. Investors trying to figure out what is behind all the information for data, earnings, and the virus. Behind those moves up and down, distinct camps. Amazon up for the second day in a row, investors think that this company will do well in the shutdown. On the other hand, United Airlines plunging 10. 5 . Some viewing the bailout for the airlines as not enough to do anything
Dr. Anthony fauci saying the 100,000rus could claim 200,000 american lives. I want to take a dive on what happened in the markets today. We will bring in our whatd you miss . Cohost romaine bostick. Talk us through the upward move today. The market is trying to front run any rebound not only in economics but with regards to the health issues. We saw the price into the market over those three days last week. The rally resuming today. They, primarily a lot of health care names, medical supply Companies Like cardinal , as didnd mckesson Consumer Staples names like mccormick, the spice maker. Interesting story in the tech space. The idea that a lot of things largecap tech names offering the yield play that you will not get out of the traditional drivers. When you have 10 year yields that continue to hover below 1 , dividend yields on these largecap tech names. Balanced cash sheet. You start to get this kind of optimism. Some of these secondtier companies. Autodesk rising 10 . Other softwar
That is a crisis for democracy is a crisis of concentration the bottom line. Hello im daryn george this is counting the cost of aljazeera your weekly look at the world of business economics this week. A battle for the heart of opec who will capitulate 1st putin all m. B. A. s as a price war decimates the market. Will the most liberal democratic nations by beijings Ai Facial Recognition Technology to control their citizens. And the lebanese lived a dream that was a delusion while lebanon was drowning in debt words of the Prime Minister of his country defaulted on its debt for the very 1st time. Well at a time when the world is dealing with the fast spreading coronavirus that has decimated supply chains induce panic buying and grounded flights the last thing it needed was 2 nations declaring economic war well saudi arabia and russia have been working together to prop up oil prices for the last 3 years but fell out of a riyadhs insistence that they agreed to cut oil supplies by 1500000 ba
Against shortterm Municipal Bonds. Banks buy them from money market funds and then can get loans aga against them at the Federal Reserve, to address strain in another market, 3. 8 trillion market for state and local government bonds and airport bonds, all kinds of stuff in there. Only a part of that is eligible for financing at the fed these are assets that were held by money markets and money markets have been shedding assets in part because theyve had draw downs from corporate borrowers andenutional borrowers seeking to raise cash. Part of the seizing up of the financial system, the fed trying to come in and almost every hour appears as a new program to liquify markets. This now another historic step by the fed one of the first ones ive seen so far where they are not simply repeating what they did last time, but adding 12month and shorter highly rated Municipal Bonds to the money Market Liquidity Fund and im sorry, guys, i dont think theyre done yet. It would be surprising if they we