And by contributions to this pbs station from viewers like you. Thank you. America. Reporting from new york, i a laura trevelyan. Millions of americans have lost their jobs in the last month. It is affecting the economy, too. In brazil, gravediggers prepare for the worst as the cases there rise. And a morning jog through a city in crisis. Crossing central park shows how new york city is coping with the coronavirus outbreak. Would have people said to you about being here in new york . Ots of hugs. Lots of pizza. Lots of thank yous yous. Laura for all of you watching on pbsnd around the globe, welcome to world news america. Eranother day of stag figures. 5. 2 million americans file front appointmt benefits last week. More than 22 million have lost their jobs in the last month. That is more than the population of chile. Coronavirus infections are on the rise in the u. S. The president has said it i tup governors to decide when to reopen their states. Our north american reporter reports no
While the package stalled. The tech heavy nasdaq light of the day in the closing down 33. The s p was up 20. At this afternoons breathing, President Trump appeared optimistic that the stimulus package will pass. Rate date for the American Worker and american families. Frankly, for american companies, some of which are having the best years they have ever had. The president also defended his desire to reopen the company by easter despite pushback from his on task force. In new york city, more are expected morgues are expected to reach capacity. The citys more in store up to 900 bodies. California residents could be getting help from their lenders. Some 200 statechartered banks and Credit Unions have committed to the state of california that they will provide forbearance for bands on foreclosures and mortgage payments. Reporter some of the nations largest banks including wells fargo, citibank, jc morgan chase, and u. S. Bank have all agreed to a 90 day grace period. The Economic Impact i
The nation tries to slow the spread of coronavirus and give relief to all of those who have been affected. The Senate Passed a 2 trillion coronavirus economic stimulus bill. The largest Economic Relief bill in u. S. History. The bill was held up for much of the day after four republican senators demanded changes. The package provides relief for workers, businesses and corporations. Governor gavin newsom said one Million Dollars filed for Unemployment Insurance in less than two weeks. The surge in claims coincides with the shelterinplace order. The States Employment Development Department said it is working seven days a week to process claims and schools in six bay area counties will remain closed at least through may 1. The announcement affects a million students. Santa clara county reported 84 new cases today of coronavirus. That is the largest number reported in a single day. Now that testing is available. A san jose grandmother who worked at a Grocery Store is among the 17 people de
Casino, those are the biggest gainers today. But fears over the virus remain as cases in the u. S. , italy and around the world move higher though the president says he would love to have to country open by easter we are up 1700 points on the dow. Nice for a change. We have a huge lineup of guests coming up. The ceo of cvs health will tell us about the companys hiring spree and Virus Testing plans. Campbells ceo will join us to talk about the supply chain and well discuss the administrations actions thus far with mark short, chief of start to the Vice President. Lets focus in on two of the big stories, kayla has the latest. But first, mike is tracking todays market rally mike, over to you. By the looks of it, its a sturdy rally well scrutinize to see if theres more than anything but a bounce it tells you a couple of things. One is a strong bounce is it doesnt look that dramatic next to the decline on just experience really just a step in that direction of trying to make some distance b
170 points to the upside. Look at the nasdaq, up almost 7 right now. Again, we are keeping a close eye the dow. It could be the best day for the Dow Jones Industrials since 2008. We are on the markets for you. Liz is coming up, plus we are talking about wall street. They are rallying. Now the crisis. This coronavirus still has a big part of the economy shut down and we are shut in right now. Medley pharmacy is promising same day delivery of prescription drugs to anybody who needs them. Its cofounder will be here in a fox business exclusive. As china slowly gets back to business, the Footwear Industry is hoping to get back to churning out new products. We will talk to one industry exec about how the pandemic is actually punishing business. A lot of business is punished but this one in particular. You will want to hear about this. Plus, with gyms closed, your favorite classes are canceled. We will talk to the ceo of class pass about how he is helping shuttered studios and you can actuall