And Lauren Simonetti is watching the markets. Lets start with blake with the latest from the white house. Reporter hi, there. There is a debate taking place in washington up on capitol hill about the future of the 600 federal uninsurance benefit that came about during the cares act. We will give you a live look right now at the Senate Finance committee, the labor secretary Eugene Scalia testifying there. Republicans and the white house argued that benefit has become a hindrance for businesses since some people are actually making more money on unemployment. Democrats, though, are making the argument to republicans saying how can you say more people are coming back into the work force, yet this is also a hindrance . They are saying that doesnt really work hand in hand. They are also saying that this 600 plusup should continue until the end of the year. Watch. When secretary scalia failed to offer a plan to give benefits out in a timely way, democrats proposed a flat sum solution. 600 pe
Breaks on future higher call volumes offset by lower revenues. Helping the german telco beat expectations an insurance warns casualty claims to top the year the underlying performance, wed be talking about a strong delivery but of course, the conversation will be dominated by the impact of the virus that will have impact and growth for the remainder of the year. A down but not out. Second quarter Global Oil Demand well speak with the executive director on this show. Lets dive in to that oil report that is just crossing the latest is that all demand is set for a record fall in 2020. Probably no surprise to our viewers out there. It has trimmed the forecast for the drop citing the easing in drop down measures that has trimmed estimates by 690,000. The report that 2. 8 billion people will be living in confinement through may. Down from 4 billion in april the iea trimming its forecast and citing the ability in some European Countries and the United States. Uncertainties remain the biggest
Lockdowns on the us a for chefs to whip up some new ideas to try to keep the restaurants afloat. The leader of the country worst affected by coronaviruses going against the advice of his top Infectious Disease expert President Donald Trump says he wants the u. S. Economy up and running again as soon as possible but its message comes a day after dr anthony felt she warned that rushing to reopen could have serious consequences including needless death and suffering mike hanna reports from washington d. C. The president met with the governors of colorado and north dakota and urged them to look into reopening schools as soon as possible the country is getting him back and its going to get back as soon as possible and i dont consider a country coming back and the schools are closed its a message at odds with that given by dr Antony Funnell who told a Senate Committee tuesday that there were real dangers in reopening states too soon making particular reference to schools we dont know everyth
Simpson unveiled their new lineup. We take a look at these new devices. There seems to be no end in sight over concerns about the coronavirus. The death toll has jumped after Hubei Province revised its death toll. Thousands have been quarantined on board in the waters off yokohama, japan and the National Energy agency warned Global Demand for oil will drop. Paul allen and i spoke with the chief Market Strategist at cross mark Global Investments on thursday. We are always watching headlines but one thing we tell our clients is we want to look through the headlines when it comes to investments. But daytoday, yes, the virus has caused volatility. We saw that a little bit. We saw the markets come back a little bit and gain about 50 of what they lost. A lot of that is because the was because ofes a case of methodology and so it included a lot of people who already have the virus. It wasnt necessarily all new cases. Originally, we had a selloff and we saw that come back throughout the day. B
For revenue growth. In samsung and unveiled their new lineup. We take a look at these new devices. There seems to be no end in sight over concerns about the coronavirus. Death toll has jumped after Hubei Province revised its death toll. Quarantinedve been in yokohama, japan and the National Energy agency warned Global Demand for oil will drop. The allen and i spoke with chief Market Strategist at trustmark Global Investment on thursday. We are always watching headlines but one thing we tell our clients is we want to look through the headlines when it investments. But daytoday, yes, the virus has caused volatility. We saw that a little bit. Submarkets come back and gain a percent of what they lost earlier. A lot of that is because the increase in cases was do to a case of methodology and so it included a lot of people who already have the virus. Selloff andwe had a we saw that come back throughout the day. But yes, coronavirus is driving the headlines now and battling some of the more f