President trump says it is his decision and he will be calling the shots. Thank you for joining us tonight. Im andre senior, and for frank somerville. Im julie haener. President trump pushing to reopen the country sooner rather than later but he may get some resistance as gov. Newsom and others plan to chart their own course. Live coverage from deborah, she joins us live with that question of timing. Reporter the president has hinted at may 1 as a target date to restart the economy in a but he may face a power struggle with governors who want to go slower. Surviving on a shoestring, this restaurant central suffers home. Get the owner is nervous about lifting restrictions. I care about my community, i want to be sure they are safe 100 before we reopen, even if we get through this tough time. They should open up certain areas. People are dying. You know, financially. We need to get back to work. We are close to putting a plan to open our country. Hopefully even ahead of schedule. Reporte
The u. S. Enters a new week with the highest number of coronavirus doubts in the world. Administration is still trying to ease lockdown restrictions by may. The Top White House virus eight says infection levels are stabilizing. Some of the u. S. Could be open in the next month. The imf and world bank held meetings this week using digital remote software. The global lenders will facing new reality of mounting unemployment. Thecials have already said Global Economy is suffering its worst recession since the 1930s. India is set to extend its current 21 date lockdown to the end of the months to allow more time to evaluate the spread of the infection. The Prime Minister said the government has adequate supplies of medicine and protective gear for frontline workers, adding that the next four weeks will be critical. The virus is ad social emergency. In hong kongals are facing a pay cut. Announced new stimulus. The additional spending accounts for double the projected government budget. The ph
Virus could soon peak in new york city. Weve already seen the apex in madrid italy is clearly over the hump that means buy storks. Cover your shorts. The bull is backs todays run d 1627 points marking its best day in two weeks s p soaring 7. 03 . Nasdaq 7. 3 . Can it really be this easy or does this represent too much optimism i think its a bit of the latter wall street is a group of index buyers and traders when we care about the new number of coronavirus cases, number of hospitalizations and mortality rate index buying was so intense it moved stocks like they were play things now, does that mean we should buy the nasdaq when we have more ventilators, sell it if we dont have enough personal protective equipment . Do we buy the s p retail etf when we get a decent number from, i dont know, Governor Cuomo . No, its kind of ridiculous. Were simply seeing, though, the flip side of what happens when people were downbeat as they were last week when the president s team told us some pretty ho
Cases of covert 19 but 1st lets start by talking about. The global death toll still on the rise with more than 25000 people and nearly 555000 back to the United States now leads with the most confirmed cases in the world with more than 86000 infected and nearly 1300 fatalities new hotspots are emerging across the u. S. And chicago detroit and new orleans Vice President mike pence downplayed trumps comments over reopening the economy by easter saying the president expressed really an aspirational goal as we continue to follow the data on thursday g. 20 leaders held a Virtual Meeting where they vowed to Work Together to combat the virus we talked about the problem. And hopefully wont be a problem for too much longer the United States is working with their friends and partners around the world to stop the spread of the virus and coordinate our efforts we discussed how vitally important it is for all of our nations to immediately share information and data and weve been doing that to a lar
Activity as Economic Activity grinds to a halt here in the u. S. , the white house calling for half a trillion dollars in direct payments to taxpayers and says we could see bailouts for airlines, hotels, and cruise industries, all the sectors getting crushed in todays market and crude oil down a staggering 23 . Now trading just above 20 a barrel we have every angle covered for you. Bob pisani is on the floor of the New York Stock Exchange. Kayla is in washington with the response to lawmakers. And were covering the latest on the virus itself bob, first to you on another roller coaster ride today here at the Stock Exchange. We have a quiet morning i say relatively quiet, it was down 6 tach take a look at the s p i urge you to watch it emotionally. He said we need a 30spring break. This slow rollout of a shutdown is not working market dropped quickly to the lows of the day. We hit the Circuit Breaker at 12 50 eastern time, 15minute pause. We reopened. We have not dropped to the he second