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Plus, Baseball Hall of famer andre dawson, now in a different field. This is my calling. And later, in these times, who doesnt need a friend . Announcer this is the cbs overnight news. Good evening. Im jeff gianola, reporting from koin tv in portland, oregon. Today, President Trump lashed out at his predecessor over u. S. Leadership in the pandemic fight. So far, 36 million americans have filed for unemployment in the last two months. The virus has now claimed the lives of nearly 90,000 americans, by far the worlds highest death toll. Cbss Nikole Killion begins our coverage. Reporter the war of words is escalating between President Trump and former president obama over the Coronavirus Response as new int ....
That. A modest down trend. Tomorrow, though, thats the big jobs report. Almost certainly the worst in history. Okay. But look at this. A rotten economy and a Big Stock Market rally. We get a lot of inquiries as to why is this happening and the short answer is well, the market looks to the future and its clearly seeing an economic recovery, and the trillions pumped into the economy are very much appreciated. Put it like that. The dow is going to be up over 300 points at the opening bell. Thats better than 1. 3 . A similar gain, 1. 5 for the s p. Look at the nasdaq go, up 1. 5 . Thats because of this. Big tech. Again, leading the market. Just look at this. Apple is at 303. Amazon up 21 bucks premarket. Nice gain for microsoft. Nice gain for netflix as well. Thats whats happening. Big tech again dominating the market, plowing higher. Bombshell news in politics. Mr. Impeachment, congressman adam schiff, he is not looking good. There ....
Number, i think. So we have a lot of experience in this genre that weve been drawn to and have an affinity for it in some way or another. So before we begin let me introduce the panelists and as i introduce each of you if you could spend a minute or two telling the audience what was it that drew you to buyography. And first we have larry masslon from the tish school of arts and as particularly interested in the history of broadway and comedy and written biographies. Richard rogers and playwright george f. Coughlin in adisto other books. And the documentary film sammy davis jr. , i gotta be me. So what has drawn you to buyography. Hi. I may be different from the left of the panel. My venue is really entertainment. So, obviously, in entertainment, youre dealing with the public persona of performers, when they sang, danced and acted and, of course, what happens offstage or behind the curtain is equally fascinating as you try to make some sense out of what a performer did publicly as to wh ....
Manufacturing, down 1. 3 million. Overall, whats striking is how fast we descended into a depressionlike situation and of course, we want to know how fast we are going to recover. White house economist larry kudlow will join us in just a few minutes. Is this as bad as it gets and whats the timetable for returning to growth . We will ask him. Before the news came out, the dow futures showed a gain of about 250 points. The moment we saw the numbers, dow futures were pretty much the same. We have now moved up a bit more. We are looking at a gain of 284 points but remember, these numbers were expected. They were already baked into stock prices. Stocks are up because investors are looking to the future, where the economys in recovery mode, and theyre looking at, what, 7 trillion worth of stimulus. That always goes down well on wall street. As we said, the dow up 280. The s p up 33. The nasdaq up 87. Lot of green despite the terrible numbers. Obviously, this is a big day for your money. Its ....
Says the economy will take off quote, like a rocket ship when it reopens. The questions, though, are when will that be and what will it look like. The market is asking those very same questions as it searches for direction this morning. More green on the screen but again, markets want to know how much economic damage has been done. Meanwhile, moodys says economic output fell a staggering 29 in the first week of april. That is compared to march. That is the first full week of true social distancing rules in place across the country, and that was the result. Down 29 . The other big story of the day, the w. H. O. Is under fire from President Trump. The president saying he may freeze funding to the organization over its response to the pandemic. This is happening as we get more clarity on what may be in a fourth stimulus package. President trump wants 250 billion more for Small Busi ....