Good morning welcome to the show. We begin with breaking news as we have been for the past few weeks. Futures pointing to steep losses after pointing to one of the worst quarters on record the s p down as well as the nasdaq as well markets much lower the dow shedding more than 23 in just the past three months. Its worst quarterly performance since 1987, and worst performance for a quarter on record boeing there, sliding more than 50 since december 31, shaving nearly 2,000 points off the dow itself not much better for the s p 500, losing 20 for its worst quarter in history and worst quarterly performance since the financial crisis oil prices as well down 66 to the lowest level in 18 years coming off the worst monthly and quarterly performance ever down 66 the numbers are not much better right now around the world matt taylor is in singapore. Julianna tatelbaum has the early trade in europe. Matt, well begin with you it has started early in asia and is carrying around the world now. Abso
Medical workers on the front lines face shortages of life saving equipment and concerns for their own safety. And Health Departments across the country say monday was the deadliest day since the outbreak began with the virus now claiming more than 1,000 i should say 100 lives, rather in this country. And tonight, West Virginia is reporting its first case of infection. That means coronavirus is now in all 50 states. In new york, the mayor says a citywide shelter in place could be coming soon. And all this on st. Patricks day, where instead of crowds of revelers, many bars are shuttered. We have a team of correspondents reporting on the pandemic, but we will begin with nancy cordes on the capitol hill. Nancy, could this end up being the biggest bailout in American History . Reporter it very well could, norah, and congressional leaders say they hope to craft it within a week. The centerpiece would be the Cash Payments or tax rebate of 1,000 or more that would get sent to hardhit American
The nation demands it. The senate failing to reach a bipartisan deal for a massive stimulus package as the coronavirus pandemic wreaks havoc on the economy. The democratic leader and speaker of the house decided to blow it all up and play russian roulette. This is a challenging time for all americans. Were enduring a Great National trial. We will prove that we can meet the moment. Were going to get hit. No doubt about it. We see it in new york. New york is terribly suffering. The new yorkers and all americans deserve the blunt truth. Its only getting worse. April and may are going to be a lot worse. But i do believe that whatever this is, four months, six months, nine months, we are going to be better for it. Manhatt from exchanging wedding vows. Atlanta braves star Freddy Freeman playing ball in the backyard with his son. The kid is like, forget this. Im done. All that, coronavirus isnt stopping the grand ole opry. The show goes on, even if no one is inside to hear it. To those on the
To recognize the reality. People in the entire state of california are being ordered to stay home in a bid to curb the coronavirus pandemic. I dont view it as an act of god. I would view it as something that just surprised the whole world. There may be new hope in the desperate race to find a treatment for coronavirus. And it couldnt come soon enough. President trump says he is slashing red tape, ordering the fda to fast track the use of two drugs for sick patients. Italys reported death toll from this coronavirus has surpassed chinas. A cemetery northeast of milan has been so overwhelmed, the military had to transport bodies to neighboring towns. Several u. S. Senators are accused of profiting off the pandemic. At least four sold stock in the weeks following a briefing on the coronavirus. No greater moral crime than betraying your country in a time of crisis. These days its difficult to find toilet paper but in pennsylvania, a bakery has a new twist on tp. Toilet paper cakes. All that
It is my great privilege to welcome you to the ceremony to honor the life and work of our dear friend and colleague, chairman Elijah Cummings. First, i would like to recognize elijahs Family Members who are here with us today and thank them for sharing him with us. Please raise your hand when i call your name. Dr. Maya cummings, his wife. [ applause ] miss jennifer cummings, his daughter. [ applause ] mr. James cummings, his brother. [ applause ] mr. Anthony woodson, his nephew. [ applause ] mr. Carmen williams, his cousin. [ applause ] when i think of elijah, i think of what a friend of mine described him as a gem. That description resonated with me deeply. Like a gem, elijah seemed to have his own inner light, his own brilliance. He brought that light into this very room where he was a beacon of truth. He also brought his deep empathy and compassion and the shining power of his faith. He encouraged us to reach not only for Common Ground but for higher ground. He brought us together i