Weekend, 25 states reopening. That is about 33 of the gdp. All of that coming up. But first, the Coronavirus Crisis wreaked havoc in april resulting in the worst jobs report since the end of world war ii. The u. S. Economy lost more than 20 million jobs in the month of april with more than 33 million filing for Unemployment Benefits over the past seven weeks. The Unemployment Rate surging to a record high of 14. 7 . Joining me right now to discuss the brutal jobs report as well as how quickly this economy can recover is mohamed alarian. Thank you so much for joining us. Thank you, maria. Maria you know what i find odd . We have these jobs numbers on the one hand which obviously show the results of this shutdown. And its been selfimposed but, nonetheless, all these job losses. Taunt, weve got a rally in at the same time weve got a rally in markets. Whats going on with this dichotomy . Not only is a dichotomy, but its fueling a lot of political rhetoric on main street versus wall street,
As we see more states open this weekend, 25 states reopening. That is about 33 of the gdp. All of that coming up. But first, the Coronavirus Crisis wreaked havoc in april resulting in the worst jobs report since the end of world war ii. The u. S. Economy lost more than 20 million jobs in the month of april with more than 33 million filing for Unemployment Benefits over the past seven weeks. The Unemployment Rate 14. 7 . Joining me right now to discuss the brutal jobs report as well as how quickly this economy can recover is mohamed alarian. Thank you so much for joining us. Thank you, maria. Maria you know what i find odd . We have these jobs numbers on the one hand which obviously show the results of this shutdown. And its been selfimposed but, nonetheless, all these job losses. Taunt, weve got a rally in at the same time weve got a rally in markets. Whats going on with this dichotomy . Not only is a dichotomy, but its fueling a lot of political rhetoric on main street versus wall str
A Trial Program for its Digital Currency were going to discuss all that and more coming up all right its time to boost your news i q. 1000 continues to take the world by storm with cases now topping well over 2000000 the latest number of cases now 2 and a half 1000000 with about 175000 reported deaths here in this country in the United States 814000 total cases with about 43000 deaths more than one 4th of that total number of confirmed cases in the u. S. Come from new york state alone now new york continues to be the epicenter of this outbreak with some 242000. 00 converge cases and now the governor and. Requote cuomo is meeting with President Trump to discuss the States Coronavirus response with more on that anticipated meeting and how the federal government could help out new york heres arties Trinity Chavez with more. As the states across the country begin to reopen Governor Andrew Cuomo says in order for new york to get back to business a drastic increase of testing is needed but w
Markets pointing to lower opening. Major averages. Take a look. The nasdaq lower by 65, the s p lower lower by 34 after the markets rallied last week, the dow, nasdaq and s p 500 second straight week of gains with market up on the session as you can see about 2 higher on the dow industrials for week. Oil prices having a rough morning, take a look at this. Taking a steep dive as the coronavirus slams demand. Crude oil now at 13. 54 a barrel. Holding china responsible, questions are swirling this morning about the origins of the virus. Chinas lack of transparency. Congressman andy barr to investigate chinas handling of the pandemic. Mornings with maria begins now. Noble markets look like this. Germany taking a step with reopening the economy. Some stores. The white house is allowing some companies to delay payments of import tariffs if they can demonstrate significant financial hardship, tariffs on chinese goods are not included in the interruption of the white house tariff program. In a
Hello welcome to the program just turned 4 pm here in moscow this wednesday im kevin are in with this 30 minute will these round up for you and before we get underway with the stories pertinent to today let me update you on the grim. Stats regarding corona virus this wednesday as it stands this hour the changing sad to say weve reached another bleak benchmark more than 2000000 infections have now been registered globally and over 128000 people have died but in terms of people whove recovered of course the numbers going up to snow were heading towards the half 1000000 mark here in russia. New record one day increase unfortunately with 3388 new cases declared on wednesday bringing the total to nearly 25000 in russia and almost 200 people are known to have died here from covert 19. Words to countries having to contend with getting enough hospital staff to treat the sick some are mobilizing medical students or bringing people into retirement in germany the Health Authorities are also appea