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Damage the coronavirus crisis, he says, raises those longterm concerns that he was talking about. The u. S. Response to that point he says has been swift and forceful the fed has acted with unprecedented speed and force. He cites a survey that shows in the month of march, 40 of households making less than 40,000 has lost a job carl lets get to the webcast. Here is the fed chair. Its very hard to imagine we could have anyone better than jay powell thank you for coming back to the Peterson Institute, chairman powell thanks very much, adam. Its great to be back. I have some brief remarks and then ill look forward to our discussion the coronavirus has left a devastating human and economic toll in its wake as it has spread around the globe. This is a Worldwide Public Health crisis and Health Care Workers hav ....
Treasuries,on the we will be speaking about that in a moment with our guest from pimco. Still at 1. 35. We are off the alltime low but this is still elevated. And futures, slightly down, 1. 4 . In the 1650 an ounce range. Volatility in europe also elevated. Trading stoxx be 50 2381, pushing up to fresh session highs. 06 . Oxx 600 is down by it is not exactly a turnaround that it is a stabilization. In europe, exactly the opposite. We are trading 50 on the german tenyear, another two basis points on the downside. The bones keep getting bid Bashar Alassad bund the bid. S keep getting vonnie President Trump is seeking supplemental funding to tackle the coronavirus and he spoke earlier about chinas role in the outbreak. Pres. Trump i have spoken to president xi jinping and they are working very hard. If you know anything about him, i think they will be in pretty good shape. They ....
Misinformation as elon musks x faces backlash over changes to its content Safety Policies. Caroline and well return to the trial of freed as it enters its second week with a key witness taking the stand. First, lets check in on these markets because as we see the geopolitical tensions, we also factor in what that means for macroeconomic policy here in the United States. Many are dialing back the anticipation of a fed hike coming in the next month. Nasdaq currently up. Were looking at a 10year yield after being shut yesterday, the bond market reopens with a significant move to yields to the down side. The vix also does back that volatility, that fear index, just off by one. Lets have a look at whats really some of the assets that are focused on israeli tech. This is the e. T. F. Weve shown a light on yesterday coming from arc. The arc israeli innovation e. T. F. Managing to bo ....
Continue to see just one little first link pocket of light rain. Basically been an issue along portions. I95 corridor, through New Castle County then across the bay there. However, dont expect too much more in the way of wet weather at least for the next few hours, once it fizzles out, should catch a break. Could still be a shower around later today because of the weakening area of low pressure moving in. Talking at or below half mile, patchy dense fog firing up for us here, courtesy of calm wind as well as moisture left over in the atmosphere. Should ends one more sun as fog eventually burns out later today. We have chance to flirt with 80 degrees, svelt tore crashes over to you. Thank you, as katie was just mentioning, 95, going to be a hassle really. Couldnt think of better word. Just going to be hassle. Ninetyfive, traveling in the northbound direction, out of Delaware Co ....
Before the president s new travel ban kicks in. That starts tonight. And this virus is sparing no one. The wife of a canadian Prime Minister has tested positive for coronavirus. Justin trudeau says he will go into selfquarantine. The nature of this, of course, that anyone is at risk. President trump, his daughter ivanka were both in close contact with officials who have now tested positive. Trump this morning laying out blame, targeting the cdc and the obama administration, this as outrage grows over the testing in this country. He says testing will happen soon in a large scale basis. Hes made that promise for weeks, it has not been delivered on. Our team is covering this pandemic coast to coast. We begin with martin savidge. Martin . Reporter well, were in yonkers, new york, where schools are closed today because of coronavirus in the area. Whether theyll be remaining closed next week, thats still to be determined. But across the ....