Seemingly inknockous app as the latest threat to americas security. Speaking of bans, when apple ejected a small email service app a couple of weeks ago, the man behind that app launched a david versus goliath battle with the Silicon Valley behemoth and lived to tell. The co founder and ceo of an email parent base camp is here in a fox business exclusive in why this fight with apple may be far from over. Markets looking to close out their second straight week propelled by a major positive development on the vaccine front. The dow popping back above 26,000. And right now were slightly below it at the moment, but were still up 273 points. The s p up 21. And the nasdaq is heading for its third record close in a row, but the high spirits could change come next week if Second Quarter earnings season gets hit with the ugly stick. A stop economist is here to tell us how a top economist is here to tell us how it is going to play out and you can avoid getting bruised. A massive storm is bearing
Authorities in Trump Administration put possible loss of life in a range between 100,000 and 240,000. Just 8 days ago. But of now institute for Health Metrics and model at university of washington showing a death toll as a result of wuhan virus by fourth of august, to likely reach 60,000 americans. That is still a tragic toll but far better than 100 to 2 240,00. And peak number of deaths to arrive easter sunday, april 12. That number has been revised lower as well. Our Public Health Officials Say this is not a time for anyone to lessen their, forths in following all protocols for social distancing, washing your hands and quarantine. It is going to be a bad week for deaths, well start to see the beginning of a turn around, yee nee. We need to keep pushing on mitigation strategy. David presidenstrategy. The president is not only leading us in this. But he developing planning and preparations i to restart our economy. No one knows better than this president and his team how important it i
Holiday, were seeing gains close to 2 . Watching futures as well after we saw the dow, s p and nasdaq rally almost 7 overnight. U. S. Futures seem to be quite elevated. Take a look at india as well coming back online. U. S. Futures heading to negative territory now. Oil is stabilizing and resuming the gains ahead of the opec plus meeting thursday. Treasuries falling. Yen falling as well when it comes to the currency. The pound, we see Boris Johnson the Prime Minister now in intensive care after not being able to shake off the coronavirus. Watching the aussie dollar. Dont expect much but well look for an economic update. It was one of the worst curnsniss the world but it seems like second half could be a different story. Signs it could strengthen in the back half. Nomura saying it could strengthen to 13 rks 300 by year end. Tom we have some lines coming out of lamb now giving her weekly press conference. You can see her there. She has said that hong kong hopes to announce a second round
Optimism grows over flattening curve in some areas of the countries. Signs that lockdowns could be having positive impact. 7 and 3 quarters percent yesterday, take a look. Pretty good rally at the end of the day as well. Dow industrials up yesterday, nasdaq up 540 and s p up 175. President trump announcing a deal with 3m to supply medical masks and he said he had a, quote, wonderful call with former Vice President about the coronavirus response. We have you covered this morning about the pandemic and markets and beyond with allstar lineup you do not want to meet miss. Plus what other possible rounds of stimulus might look like, phase 4. The Dallas Mavericks owner mark cuban is here on what should be done to help businesses survive pandemic. Heros stepping forward to help the world on time of crisis. Mornings with maria live now. Big show this morning and big rally underway, lets take a look at Global Markets which are mimicking the wall streets gains today. The cac quarante is up 118 a
Governor cuomo looking for any optimism he can find. Some geographies of america doing better in the pandemic, but the death and the rate of change of deaths refuses to bend over and go lower. With extraordinary measures being applied and something we all need to reflect on as we think about what comes next. These managing to keep numbers stable, but with extreme measures when it comes to how our society is functioning. How we reopen needs to be seen in this light, and it will be a challenge around the world for governments to reopen economies. Tom good reporting earlier from guy on the state of the Prime Minister, a conversation with Iain Duncan Smith moments ago. Our oninue with a strong the economics of the pandemic strong hour on the economics of the pandemic. Ministers. U. Finance were on an emergency teleconference lasting more than 16 hours. Strategynot agree on a to battle the pandemic. E. U. Issue joint debt to help economies recover . Boris johnson is being monitored in inten