Francine, went up 15 . That was the kind of move we saw. Last night, and a lot of people missed this in america, exhausted from the election, we nestor8 00 or 9 00 p. M. , barr making these statements. I would suggest this mr. Barr mr. Barr making these statements. He was extremely careful. Every word was chiseled out. For me the headline is the 20year veteran of this under election crimes, mr. Pilger, a herk to james moody, resigned. To me that is the real headline. Francine it is a huge deal and we are trying to figure out what this means for the Republican Party and the strategy possible there. Stephanie baker says it could have something to do with the Senate Election in georgia. We will have plenty more on that. Lets get to first word news with ritika gupta. Ritika President Trumps attorney general, william barr, will let the Justice Department investigate potential voting irregularities in the president ial election. But barr has acknowledged there is no conclusive evidence and w
Extraordinary. The underlying reasons why is very clear. We are up to our eyeballs in oil, at that means the price goes down. We have some terrific perspective today on oil. Too much oil, not enough storage. We will have plenty more on oil and we will try to figure out whether this could happen to another part of the market, but first lets get to the first word news in new york city with viviana hurtado. Viviana we begin with speculation about the health of north koreas leader kim jongun. The u. S. Official got word that mr. Kim was in Critical Condition after cardiovascular surgery. The white house reportedly was told mr. Kim took a turn for the worse. Kim is 36. He recently missed holiday celebrations in pyongyang. Now to president donald trump, issuing an executive order temporarily suspending immigration. Late monday night, the president tweeting the move is needed to contain coronavirus. He also says it will protect american jobs. No word on how the suspension will last or who it
Hopes infections have now reached their highest level. We are living in the peak of this epidemic. I believe in one weeks time, maximum ten days, we will see a drop, a significant drop of positive cases. Spain is to introduce even tighter limits on who can leave their homes, as it announces a new Record Number of deaths in the past 2a hours. And the worlds oldest man is celebrating his 112th birthday, but therell be no party due to self isolation. Now on bbc news, Victoria Derbyshire has the latest information and Health Advice on coronavirus including what the symptoms are and how to self isolate. Hello and welcome to this special programme. Im Victoria Derbyshire. Over the next half an hour, we are going to try and tell you as much as we can about coronavirus to help you that you can share the information with others. For the latest on the spread of the disease, you can always head to our website for information on how its affecting people in your community and your country. The main
Nonresident entry. D. C. Ndc takes action and d. C. Takes action, fiscal support over the virus source to 1. 9 trillion. The fed steps in to support money market mutual funds. This is bloomberg surveillance. Im taylor riggs, stepping in for tom keene in new york. Francine lacqua joining us from london shortly. We want to bring you the breaking as well. In the meantime, an update on the bloomberg we will get the mark out of there for german business confidence, coming in at about 87. 7. You are seeing continued relief here into the ecb. Translating over to a gain for some of the european stocks. In the meantime, i want to get a check on the bloomberg first word news with viviana hurtado. Viviana we begin with the Senate Passing the major the second major Coronavirus Relief bill, President Trump signing it provides paid sick leave and financial help for testing. Lawmakers are rushing to come up with phase three. That is a comprehensive rescue plan that tops 1. 3 trillion dollars that tay
We create second down d 260,000 month. And there is the idea of a recession looming around the corner most of the big picture data points tend to be small. The Labor Department and payroll report this one tends to linger, painting the whole market in whatever light that report is and in this case, of course, its a positive light. These matter why . Because we head into next week its going to affect all of our game plan. On wednesday the Federal Reserve will reveal the next move when chairman Jerome Powell holds his press conference and after the fabulous numbers we got today, i dont know im worried. Im worried he can turn hawkish like did he late last year he took a wrecking ball to the economy. Colin powell, a wild card. Even though we have great job growth, there is not much inflation. That will be a Huge Positive if you take more hawkish tone, well, you no he what look out below and hes capable of that sometimes i think he just cant lose the old model the other big nine earnings eve