That was a sea change over what we have seen the last eight weeks. Francine hyde park was definitely packed as well and on saturday. It kind of goes to the challenges the authorities have as you look at the infections in real time to see whether you can go back to full lockdown. This is what markets are trying to figure out as businesses are reopening but you dont exactly know for how long. Tom it is true, nation to nation as well. Brazil having a particularly tough go of it. Statistically there is much more we can talk about about the economics and financing and also how it all folds into this pandemic. German powell front and center on that chairman powell front and center on that. Right now with our first word news. The Federal Reserve chair says the u. S. Recovery could drive through 2021. He told 60 minutes the economy will recover steadily through the second half of this year, but he said a full recovery depends on people being confident and that may not happen until a vaccine is
[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] i guess we can get started. Thank you all for being hear, hear it is a true honor today to have chair jay powell and former chair and Nobel Laureate ben bernanke with us today. Thank you very much for being here. I very much been looking forward to this conversation or im sure our audience has come to, so lets just get to it. This conference as are the windows is to the memory of order this morning we heard some personal reflections on working with thomas from secretary janet yellen, also former chair on the fed, and from president John Williams. And both of you worked closely with thomas as well. I would like to you both an opportunity to share your own thoughts about his contributions as an economist come as a central banker come as a colleague. Then, they wouldnt show what you. Sure, its great to be here. I was his thesis advisor and he worked with me on a book on inflation target
Drove in to the city with her daughters. Theyve been learning about it all week last week at school so there has been a lot of excitement at school. Reporter a total Solar Eclipse happens about once a year, somewhere on the face of the earth. What is unique about this event today is it is passing over a part of the world where millions and millions of people can all join together and look up. Inside the exploratory him they had a live feed from teens they sent to mexicos and texas. Spots within the totality. There was plenty of cheering there and in the auditorium the day turned to night. Exploring them staff member was in the zone of totality during 2017. I look for the bright stars of orion and serious and i indeed saw those on a summer morning, which was quite something. Reporter the peak of todays partial eclipse was about 11 15 a. M. In the minutes leading up to it and after, members of the San Francisco amateur Astronomy Group set up a telescope with a special filter to give peop
Founder, joining us live. Having a look at european Equities Trading right now, we are 30 minutes away from the friday session. Look at that, look at the stocks rising. Down for the week, all these equity bosses, are up today. Currencies are lower, bond yields gaining, commodities and cbss arid final two columns. 30 weeks ago yesterday was black monday. The day after was a record decline. Yes on black monday, the ftse fell. A record 12. 2 , the two day drop equated to 138 billion. The cap at the end of the day was 497 billion. Today it is 2. 0 8 trillion pounds. If i said dollars a few seconds ago. Ftse act then in 1987, the has jumped. The dax in comparison up by 900 . What a rise for the stoxx 600, 377 . This is the function, probability, listen to the probability of a rate hike in november. Were 77 percent, a month ago 65. 5 , two months ago, the probability was 4. 7 . The does Deputy Governor says i slowing he is clear gradual process of raising rates would be warranted if the bank
The 911 call from chris soules, one he made himself before police say he fled the scene. Is he breathing, sir . I cant tell. This morning a new twist. Investigators trying to find out who drove him home. And a woman casually takes a seat on a train 12 stories high forcing a two and a half hour rescue. What did she say to you . Im okay. How are you . I go well, im doing good. I just hope we can get out of this together. Now shes under arrest. Why she was up there in the first place, still a mystery today on april 27th, 2017. Good morning. Welcome to today on a thursday morning. I guess you file that last one in the category of things you dont see every day, but a dangerous situation there. Well have more on that in a moment. Well begin on this thursday morning with a flurry of activity at the white house. President trump is abandoning his plan to withdraw from nafta, at least for now. While the battle over his administrations massive tax reform plan is getting underway. Well talk to the