The designation of this episode as a recession even if it turns out to be briefer than earlier contractions now economists generally define a recession as 2 consecutive quarter months of 2 consecutive quarters of Economic Contraction g. D. P. In the us has already fell by 5 percent in the 1st quarter of this year and the economy is expected to climb by a steeper margin in q 2 of 2020 lets get some expert analysis on this and and the state of the economy with todd morris chief strategist at the trading and cohost christiane who joins us from los angeles thank you both for being here today but i want to start with you now the n b e r declared that the u. S. Recession began officially in february now this marks the fastest the n b r has actually declared any recession is this a good thing as the faster the drop usually the faster the bounce back. From a back listen i put very little stuff. To what any account is really said because theyre not calling it until its already over and theyre s
Well, good morning, welcome to mornings on 2. I am claudine wong. I am Eric Rasmussen in for mike mibach. We will go to rosemary and see what we can expect for the work week. The fog. And patchy drizzle out there. Sound familiar . It should. It is partly cloudy skies and there is a trend that we will continue as we get into the business week. I will have the extended forecast and the numbers for today coming up. Time is running out. This is a possible bart strike and it is a little under 17 hours. Bart and its unions have the rest of today to negotiate a deal and try to avoid a strike on monday morning. We have live coverage for you. We have more on the options in case there is a strike. We go to alex savidge who is in oakland monitoring the negotiations. It stretched late into the night. Alex . Reporter no one wants to characterize how close the sides are. But there are encouraging signs. Union representatives and bart representatives met for more than 13 hours here at the cal trans b
Desperate situation as dozens of refugees flood into macedonia try to find somewhere to call home in europe. Im George Howell. This is cnn newsroom. Good day to you. We begin this hour here in korea. The Demilitarized Zone. Round two is under way of talks, this effort to prevent war from breaking out. Delegates from both north and south korea met for ten hours on saturday, even as talks resumed, trying to ease these tensions, their militaries remain on high alert. Kathy novak has the latest. Set the scene for us about the hopefulness of these talks even with both militaries standing at the ready. Well, hope that these men are talking at all, george. They wrapped up at 4 00 a. M. Yesterday with no agreement. They are back. They have been talking about an hour and a half now, and its very rare to see people of this high level get together at the historic armistice village. The fact that thesis people were coming together yesterday right after pyongyang set a deadline saying south korea h
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