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Infect over time the only way we can flatten the curve now is getting everyone on the same page with regard to the safety and precautionary measures plus joe biden and Bernie Sanders went head to head. We have the latest as we kick off your monday. Early today starts now good morning im lindsay reiser. Glad youre with us im Francis Rivera americans have to hunker down even more. The sweeping guidelines come as the death toll reaches 67. In new york, schools are out one of the Largest School systems in the country shuts down so far, over 10,000 schools across america have closed their doors. A move that affects millions of children tom hanks shares an update from isolation hes thanking all the people helping him battle the virus after he and his wife rita wilson tested positive theyve been in isolation at gold coast hospi ....
The governor of california recommends the elderly should take shelter in their homes. New york city closes its schools. Many states close bars and restaurants. Hourly workers, in dire straits. The economy is grinding to a halt and we dont know how long this massive disruption will last. All right. Heres the financial reaction. This monday morning, stock futures are limit down and when we open an even bigger drop is expected. That may mean a trading halt. Travel and leisure stocks again beaten down. Airline stocks, decimated. Last night, the fed took emergency action, cutting rates to the lowest level since 2008 and pumping 700 billion into the Financial System. Were waiting for a rescue package from congress. Were waiting to see if the administration will put money directly into the hands of affected workers, helicopter money, for example, and into desperate industries. A kind of modern bailout. So whats next . We will find out ....
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