All about the big game of chicken that is breaking out in china, but first, what is the real read on retail . The Group Holding strong as we wrap the major week of earnings and we could dash hopes of any robust retail rebound and another 2. 4 million americans filing for unemployment last week and while we all knew that the number would be awful, it may not be telling the whole story. The total claims exclude hundreds of thousands of selfemployed economy workers, as well. So with millions of americans and millions of consumers out of work, which retailers are best positioned for this road ahead guy. Hi, mel hi, guy i feel it necessary to say hi so i wont see you so which retailers are best suited in this environment and thats a great question and something well talk about and i know steve will talk about costco correctly and karen had thoughts on t. J. Maxx, but the one i keep coming back to is Dollar General and i think Goldman Sachs just initiated the name with the 202 price target a
And the nasdaq is indicated up by 66 points lets take a look at whats happening in the treasury market the other thing worth watching, wti, crude oil prices. Last i saw up another 7 to 31. 51, so seeing wti above 30 a barrel the tenyear note is yielding 0. 64 . Andrew thank you, becky. Hope everybody had a great weekend. We have an update as we do every morning these days on the pandemic lets give you the total numbers right now. Global cases have reached 4. 7 million with 1. 4 million right here in the United States. More than 90,000 people in the United States have now died from this virus changes are coming to our nations airports as well. The tsa reportedly preparing now to check passenger temperatures at about a dozen locations as soon as this week. Airlines have begun urging the government to take steps in an attempt to keep potentially sick people off planes and make travelers feel more comfortable flying again, which is going to be so crucial not only to everybodys health but t
San francisco, were looking at the crawl on 6. 80 south on to west 24 because we have an accident thats right here after that connector ramp the left lane is still block the 2 left lanes are blocked so emergency crews are on scene 6. 80 still backed up and want to e if i can switch over to a camera there it is theres our crashes from the caltrans camera on westbound 24. It was blocking the 2 left lanes and looks like yeah still blocking there so thats why its so slow on south 6 ad out of concord from to 42 back to you. All right, thank you very much robin to our top story now california under a state of emergency after the first coronavirus death was reported and now more cases have been onfirmed here in the bay area we have Team Coverage this morning from the latest developments Conference Sarah stinson is in San Francisco. Shes going to tell us whats happening to that cruise ship that the man who died had gotten off of but first were going to go to kron fours will tran whos live in S
A. Woman back home full of bones by the duties and social norms and informed of old dead basic rights my name is the about of people homes and i wore hats to them. As the corona virus continues its rapid spread the United States presses ahead with an 8000000000. 00 plan to battle the outbreak but the face of millions of uninsured americans from maine some clear critics say the crisis could expose serious gaps in the countrys health care system. Also coming out there are face masks and then there are face masks we visit a Blue Chip Company that makes high quality respirators. It could be a messy divorce major differences emerge as britain and the e. U. Begin negotiations for their posts for exit trying to relationship. Onto waste not want not one enterprising woman in myanmar is turning trucks into treasure. This is d. W. Business im Craig Ferguson welcome the United States wants to make corona virus tests available to everyone as soon as possible but there are 2 big problems the 1st is
That china would take more measures to bolster its economy. Companies from adidas to tyson are spelling out what the impact will be on their bottom lines and the pace of homebuilding fell less than expected and it surged to a 13year high our closer today, with the debate just showers way, former chair sheila bair willbe here to discuss a wealth tax, financial transaction tax and how markets are responding why she says as a republican shes voting for warren. Thats all coming up after the bell joining us for the hour, keith bliss, welcome back, keith. Thank you very much. The question has been asked a lot of times, and yet you still look at these markets and record high territory going up every day despite the coronavirus warnings and fears and cases and you wond frer if theres a disconnect. I dont think theres a disconnect i didnt think there was going to be much to this story its a serious story and could impact the markets the longer it goes on. Now were starting to see the trend is c