Wilford frost in this final hour of trade markets rallying again today, stocks at their highs of the day around 3 , although we did see yesterday anything can happen in the final minutes or hour of trade. It can evaporate at a moments notice 59 minutes left. Driving the action this hour, encouraging numbers from the u. S. As the government lowers its projection model for the devastation from coronavirus and after fauci says the government is planning ways to, quote, ease back to normal fed minutes out from the last meeting showing the u. S. Central bank intends to keep rates near zero until the economy has weathered the Coronavirus Impact and senator Bernie Sanders suspending his president ial campaign, removing a mesh huasuf uncertainty before novembers election coming up on todays show, well speak with mark cuban. His read on how Small Business is faring and this i take on the market volatility ahead. And the ceo of etsy will join us as many etsy sellers pivot to homemade facemasks w
Rafael espinal from Freelancers Union talks about the impact of the pandemic on the selfemployed. Washington journal is next. Good morning, this is washington journal, for april 2. We want to hear from you about your level of confidence in the u. S. Health versus to treat those affected by coronavirus. What you are seeing and experiencing in your community and we especially want to hear from you if you are a Health Care Worker in the field and you want to give your perspective on the u. S. Health care system possibility to treat coronavirus. In the easternu and central time zones, give us a call at 202 7488000. If you live in the mountain pacific time zones, its 202 7488001. If you are a medical professional, you can call in at 202 7488002. You can text us at 202 7488003. Tweet at cspan wj or post on our Facebook Page, facebook. Com cspan. On latest numbers coronavirus are available at the Johns Hopkins website. When it comes to the u. S. , as far as the numbers they have coming in wit
Really tough. California has by far sustained the largest job lead out. We had over 925,000 initial new claims filed the week of april 4, added to the over 1 million claims. Filed the previous week, we now have over 2 million new claims just filed within two weeks. The National State and claimant rates are now shirley well over what they were during the worst of the Great Recession and many more job losses are coming. Any federal aid or paycheck protection plans including the more than 2 trillion announced by the Federal Reserve today is just to keep the economy from collapsing. But he says we should not, and cannot wait for the virus to be totally conquered. We need now, to start looking at a plan in california, start opening up the economy and seeing what it will look like. In all likelihood reopening would involve a gradually phasedin combination of regular testing, workplace social distancing, and some residual working at home for some workers. A. Of months, perhaps even a longer,
Confirmed today. It is the largest oneneday increase. Tokyo governor said the infection root of 122 cases is unknown. Counter measures should be taken with urgency as peoples lives are at stake. They spoke on thursday with the minister in charge of anticoronavirus measures. Translator our ultimate goal is to prevent the spread of the disease. We were able to reach Common Ground on how to dodo that. The government waanted to as a broader range of businesses to close while thee Emergency Declaration is in effect but the Central Government wanted to minimize the economic impactt o wideespread cllosures. They may requeest that restaurants and pubs close from 8 00 p. M. To 5 00 a. M. And offer alcohol only until 7 00 p. M. The question may not cover sections of departments and diy stores that sell necessities or barber shops that are regarded as essential to lead normal lives. The government may offer final aid to those that meet the request. The state of emergency is in place for tokyo and
Placement fell by 1. 9 from tuesday to wednesday. He cautions that one day is not a trend. More than 1100 peopleare curren intensive care in california hospitals. Now to those new jobless numbers, the Labor Department says another 6. 6 Million People filed for Unemployment Benefits last week and since midmarch there have been 16. 8 million new claims. Here in california 2. 17 Million People ill for benefits in the last three weeks, essentially here is what that means to put that in perspective. About one out of every nine workers, one out of every nine workers in the state of california has recently lost their job. With so many people out of work, they area food banks are now busier than ever. Andre senior has more on that and it shows us how School Districts are also pitching in. Weve been seeing the byproduct of the covid19 shelter in place, and that is a slowing economy that has people losing their jobs. A result of those job losses, food insecurity. And those who find themselves in