As corona virus spreads in the u. S. Its economy is likely to face its worst crisis since the Great Depression and the spillover is expected to inflict long term damage there and around the world so what can be done to reverse the crash and can the Global Economy fully recover this is inside story. Hello and welcome to the program. Its the Worlds Largest economy and has enjoyed record growth but its collapsing the u. S. Economy could be facing its worst recession in decades triggered by coded 1000. 00 measures it shrank by almost 5 percent in the 1st quarter of this year thats the biggest slide since the 2008 financial crisis millions of americans have lost their jobs Consumer Spending has seen its biggest decline in 40 years and many businesses are going bankrupt the u. S. Has pumped more than 2. Trillion dollars into the economy in the past 6 weeks but many economists say this is not enough and the worst is yet to come President Donald Trump says things will bounce back once the viru
Americans that suddenly found themselves out of work this is just another bleak indicator we seem to be reporting on them every day that reminds us just how bad things have gotten in the United States as a result of the stay at home orders that were probably put in place to you know keep americans safe and well it has certainly resulted in a lower number of deaths than was initially projected there are certainly some very dire impacts economically and this is the latest measure of that now for his part of the u. S. President has been speaking at the white house today he was meeting with yet another governor this time new jersey of course a very hard hit state about reopening the economy this is something that is going to be done very gradually and as a result this means that the sort of jobs returning is not going to be a very quick snap back even as the u. S. President continues to project optimism why is he continuing to sort of cheerily the economy of this economic recovery well bec
Respond but has indicated support for measures designed to reduce the use of juul products among teens. The governors actions today stopped short of banning flavored cigarettes, but he told reporters if such a bill lands on his desk, he will, quote, absolutely sign it. In sacramento, laura anthony, abc7 news. New York Governor Andrew Cuomo also has taken executive action to ban the sale of ecigarette flavors there. His office says the order will advance legislation to eliminate deceptive marketing practices to underaged users. It would also raise the legal age to buy ecigarettes to 21. Today the centers for Disease Control activated its Emergency Operations center because of vaping. It serves as a nerve center to offer resources to local officials. The cdc is also working with the food and drug administration, which has been investigating the lung illnesses associated with vaping. New details on the boat accident near angel island that killed an 11yearold boy. The boy and his father we
Randy and im randy price along with cindy fitzgibbon. Monday morning, here we go. The same pattern as the weekend . Cindy same old, same old. A lot of clouds but soon we might feel warmer. Its going to take a bit of patience. Sentence not until 6 44, have you noticed how later they are each day . A little fog but on the north shore, visibility under a quarter of a mile. So do watch out for those are a lot of clouds, in the 50s but getting off the bus this afternoon there you go. Up into the 60s. Maybe a few breaks of sunshine. Weve been stuck in the 50s. We still have this low to the west and one piece of energy will rotate around it. Although the clouds try to thin out, during the afternoon inland, especially Worcester County and southern new see the showers. There could be a thunderstorm with some small hail but the focus is outside of fourdoor. Those will be winding down and the temperatures respond to any sunshine. By lunchtime, low to mid 60s. We could sneak up closer to 70 so a b
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