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Twoyear is now trading, but that doesnt seem to matter. The majority of debt in europe all undergoing this powerful rally, despite the fact that we are going to see horrific unemployment number in about an hour and a half. Lets get you out of the market moving news from our new york team. We want to start with the much awaited u. S. Jobs data out of april for the next hour. Economists now estimating 22 million jobs wiped out in the past month. Joining me now is carl riccadonna, bloomberg chief economist. It is hard to put these into perspective. Help me out. Morning. D these numbers point to immense disruption in the u. S. Economy, on a scale we really have not whichn recorded history, goes back to either world war ii or the great depression. ,o put some context around this this is far more than all of the job losses we saw during the Great Recession concentrated into a single month. If we take the job losses of the last nine rec ....
Coronavirus pandemic with dr. Kristin englund from the Cleveland Clinic and later, author Rick Atkinson joins us to iscuss the 75th anniversary of ve day. [captions Copyright National cable satellite corp. 2019] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] host u. S. Workers continue to lose their jobs and file for Unemployment Benefits at a record rate. And in todays report on the overall jobs number for the month of april could be the worst since the great depression. It is friday, may 8, 2020. Good morning and welcome to washington journal. Well spend this first hour asking you how the coronavirus pandemic has impacted your job. Heres how to joins us. For thos ....
Higher than expected. Plus tesla shares, well, they continue to have a very rocky ride this year. In fact, they are the worstperforming stocks so far on the s p for 2024. Another firm cuts their price target on that stock. And former treasury secretary Steven Mnuchin telling cnbc just last hour that he is putting together an Investor Group to try to buy tiktok or the u. S. Business of tiktok. Lets begin with the Market Reaction to ppi and retail sales as well. Last months decline, a little bit tight. As you mentioned, the market trying to look past it, struggling to do so, maybe. Cpi this week, you had these big treasury auctions that maybe we thought it would knock the market potentially off course. Now, there was a hiccup lower in the indexes, and bonds definitely are registering this hotterthanexpected inflation numb ....
Look at todays eye opener. Your world in 90 seconds. Donald trump just went there. Trump opens up a scathing new attack on bill and Hillary Clinton and their marriage. He is going there, folks. Donald trump makes infidelity an issue as his rants dominate the president ial campaign. You cant tweet at 3 00 in the morning, period there is no excuse, ever Hillary Clinton says its unhinged even for him. It proves, yet again, that he is temperamentally unfit to be president and commander in chief a fighting aleppo is likely to escalate and the past few days, the 100 children have died. Night four of protests in el cajon, california. Unarmed black man was shot and killed by police. Two videos were released of the shooting of alfred olango. Here is the important track of hurricane matthew. A terrible situation for jamaica. Where it goes from there . We dont know. The president of t ....