Later with the drop in commerce the globe over jobs have been slashed in several sectors what toll would have on the Global Economy and how are markets reacting we have a packed show today so lets dive right in. And we lead our show today with a possible reprieve in the ongoing Oil Price War between russia and saudi arabia which has sent the commodity plummeting russian president Vladimir Putin announced friday his country is ready to cut production as long as other major producers follow suit saying quote according to preliminary estimates i think that we could talk about a reduction in the volume of about 10000000. 00 Barrels Per Day a little less maybe a little more adding and i believe that when i talk about partnerships everyone including our partners understands that we. Talk about a reduction from the level of production that prevailed before the crisis so far this year or so prices on major benchmarks brant crude in west texas intermediate have been cut in half due to the crowd
Including our partners understands that we can talk about a reduction from the level of production that prevailed before the crisis so far this year or prices on major benchmarks brant crude in west texas intermediate have been cut in half due to the crowd of buyers pandemic and the ongoing price war. And as the number of cases of coronavirus has officially eclipsed 1000000 lets take another look at the spread of the virus with r. T. Correspondent saya tavenner saya tell us whats going on today you know brand nearly 4000000000 people and thats half of the people on earth are in some sort of quarantine right now by the us some countries are ordering at full lock down you know some u. S. States are straight out are resisting and the reason behind not extending lockdown to every state is that already the Global Economy has collapsed and pretty much 10000000 jobs in the u. S. Have this imperia and thats just not last 2 weeks so theres a. A lot of tension right now between of federal mandat
Tonight, join jimmy and his guests Rosario Dawson logan lerman musical guest Megan Thee Stallion, anfeaturing the legendary roots crew questlove 1209 steve and now, here he is, jimmy fallon [ cheers and applause [ cheers and applause jimmy oh oh, my goodness, hi thats a hot crowd that is a hot crowd tonight [ cheers and applause welcome, everybody welcome, welcome, welcome to the tonight show. [ cheers and applause youre here. You made it. Thank you. Guys, it seems like theres so much going on right now. The democratic primary is in full swing tomorrow is valentines day. [ cheers and applause what else . Samsung just introduced their new folding phone, i dont know if you saw that. And carls jr. Is rolling out its new thickburger. [ cheers ] that has an entire patty of fried cheese [ audience ohs ] theres a lot to go over lets just jump in and cover it all at once. Its time for newsmash. [ cheers and applause jimmy first up, the democratic primary right now, Bernie Sanders is riding hig
We and nbc decided it be smarter to not have an audience in order to do our part to help decrease the spread of the coronavirus. So the shows gonna be a little different than it normally is. Like you, im watching the news and im just as confused and freaked out as you are i know that speech last night didnt help. But what i do know is when were there for each other, were at our best. And i am here for you. We are here for you. I want to thank your staff and crew, many of them who worked from home [ cheers and applause to put on this show tonight. I really appreciate you guys were gonna try to entertain you. Were gonna have dr. Oz on here in a little bit to walk us through whats going on and what we can do so if you want, maybe put your phones down and enjoy an hour of mindless entertainment. Its going to be a fun show. The roots are here [ cheers and applause higgins is here. Now lets start the monologue. Here we go [ light laughter ] steve budget cuts. Jimmy could we get smaller cards
Family. Mike bloombergs gaffs are growing by the day. Latest insult hurled at farmers. He defend it. All that and so much more on making money. Charles individual investors are getting in a really good mood. The nasdaq up 8 1 2 in 2020. All the markets are closed today, nasdaq and s p did close in record territory on friday. Earnings continuing to have a monster quarter. Revenue up to 30 trillion, that is a three month period for Companies Reporting from the s p. The next pig one big one to report will be walmart. Whether the economic momentum will continue, advisor to President Trump, steve moore. Steve, thanks for joining us. Hi, charles. Charles lets start with this proposal other potential proposal to help americans get started in the stock market. How would that work . Let me be clear this is just a proposal. The white house and my buddy larry kudlow are working on a lot of ideas but one of the ones were interested in a cut would allow people to put 5 to 10,000 he have year, charl