Crisis. Mark zuckerberg making rounds today on capitol hill. Meeting there with lawmakers amid growing calls to break up big names in silicon valley. Facebook ceo sitting down with senator tom cotton right now. Well bring you breaking headlines that come this hour. Security concerns at the airport. The new move has some critics sounding the alarm, what it all means for you and your familys safety. Melissa fox Business Team coverage. Edward lawrence at white house. Gerri willis at the new york stock exchange, phil flynn watching action in oil at the cme. Lets start to edward. Reporter melissa, trade optimism is happening here. Junior level talks happening with the chinese. This will set up the main event early in october when the two heads of the trade delegation meet, but this could indicate if there is progress for the talks. Wilbur ross says the chinese must show us something this week. If they arent prepared to give on anything were not going to get anywhere. Right, right. Remember
Almost drawn even. Without sounding sort of like arcane and gob deli bookish here, that items teams seems to that we have less worry of about a recession. That concern eases, even when we do when inverted it takes sometimes a year or two years before it materializes. The nevertheless the fact that is pushed off, a lot of stocks that do business with companies abroad, particularly in asia, china, they are among the stronger advancers. It is helping reverse this bond Market Sentiment that built we were going to enter a slow down. Now people are selling bonds. Buying stocks. More attracted to the yield of the s p 500 for example, which at 2 or so, is significantly better than around the 1 1 2 youre looking at for 10year note. You can well understand what has been going on here, at the corner of wall and broad. Oil prices moved up a little bit. Theyre advancing today. That benefits key Oil Components dominant among 11 s p sectors. What is happening with the nearly 2 runup in oil prices. Be
Home amid all of this. The number of hospitalizations in the state continues to decline. Governor cuomo says it is a sign that the soshl distancing measures are working. We are flattening the curve by what we are doing. If we stop what we are doing, you will see that curve change. That curve is purely a function of what we do day in and day out. It is not a time to get complacent. It is not a time to do anything different than we have been doing. And a leading forecast model, the white house uses to chart the progression of the coronavirus has adjusted its projections downward in dramatic fashion. The Washington Post reported wednesday the institute for Health Metrics and evaluation at the university of washington puts the peak of the u. S. Covid19 he resource use at just two days away on april 11th, after which the need for hospital beds and ventilators will be on the decline. The ihme now says the icu bed shortage nationwide is just over 9,000 and the projected number of deaths by au
Im Trace Gallagher in for shepard smith. Lawyers for Michael Cohen and Stormy Daniels facing off in a courtroom in los angeles. The porn star claims she had sex with mr. Trump about a decade before he became president. Her lawyers are asking the court to throw out a hush money agreement with Michael Cohen, claiming its invalid because the president himself never signed it. Stormy daniels says President Trumps personal attorney gave her 130,000 weeks before the 2016 president ial election to stay quiet about her relationship with the president. Cohen claims the money came out of his own pocket and denies he did anything wrong. The white house says there was no relationship. Now lawyers for cohen and President Trump say they need a delay in the case because cohen is facing a criminal investigation. The feds raided his hotel room, his office, and home in new york last week. Prosecutors say theyre investigating cohens personal business dealings, which reportedly include the payment to Stor
All be standing up on these you issues. What we want, we want competent federal judges who are not biased, who basically will abide by the laws themselves. And this man is one of those people. Hold up. Last question. The democrats say one thing from this report and you all say another. Will the public ever get a view or ever sort of summary of what was in it . Tell her about the rule. It was very clear to us in the memorandum of 2009 between obama and chairman leahy that there is one document, no copies made. And not released to the public. So we cant do that. Now, there is some suggestion the white house can do it, but youll have to go to the white house to get that answer to your question. Good afternoon. Im ali velshi. Due process, fairness and common sense are now on trial. That is the president s message today as Majority Leader Mitch Mcconnell rushes to give security nominee Brett Kavanaugh a lifetime appointment as Associates Justice by this weekend. Protesters have swarmed the