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look, any way you take it, employment in april was a disaster. we are looking at an unemployment rate that is likely approaching 20%. we get those numbers, the unemployment numbers for the whole country, next friday. however, got to tell you the back-to-work movement is really gathering steam. states across the nation are modifying their stay-at-home rules. businesses are reopening. oklahoma reopens some businesses tomorrow. california will allow some elective surgery. this, however, is receiving mixed messages. president trump says georgia is reopening too soon. he says he strongly disagrees with georgia s decision. however, he will still leave it up to the states. here s a positive. the field hospital built specially for virus patients in houston, texas, may be dismantled, not needed, underused. let s get to the markets. first i m dealing with oil. look at this. moving back up again in price. $16.71 is the production price right now, but production is being scaled back
United-statesChinaCaliforniaRussiaConnecticutWestportWyomingIowaHollywoodMacauNew-yorkGeorgia estimated. we saw consumers increased spending on health care. the backdrop, the federal reserve is beginning to taper its stimulus program, and ben bernanke is getting some of the credit for the recovery. i think ben bernanke has done an outstanding job. he came in at a time of uncertainty and used the monetary policy to great effect. you are seeing another great example of his leadership. i think there is clear transition to the next fed chair. he has made it clear that that policy is going to continue. a very data-driven policy. if the labor market continues to improve and g.d.p. growth is strob, the fed will continue to taper. the important thing evans learned is we are going to get a continuity of policy, a new leader of the fed who will continue to be data driven and thoughtful. of course the fed will always have critics. if the fed would only buy into the proposition that capitalism is a human organization, i would give the fed two cheers. our central pang mate
MiamiFloridaUnited-statesNew-yorkJapanOaklandCaliforniaSan-diegoRussiaLondonCity-ofUnited-kingdom but we begin with mark meredith. he has the latest from the white house. mark? jon, the white house says more help is on the way to small businesses now struggling to survive. as you mentioned, we saw the images from friday as president trump signed into law the stimulus bill passed this week to replenish funds for the paycheck protection program. this was considered an emergency measure after the original funds were depleted very quickly. the bill is broken down a little bit more than just the paycheck protection program, offering 310 billion for that as well as 60 billion for disaster loans, 75 billion for hospitals and 25 billion for testing. white house officials say they are open to pouring more money in if needed. i think that given the popularity of the program, both with the american people, and with everybody on the hill, that if we run out of money in that program, i would expect it would be relatively easy to get more money into it. meantime, up on capitol hi
ArkansasUnited-statesMontanaLouisianaAfghanistanUnited-kingdomQueensboroOhioDelawareBeijingChinaCalifornia rapid tests which can be completed in half an hour. we have fox team coverage on the latest u.s. and international response. we begin with steve harrigan reporting live from cdc headquarters in atlanta. steve? jon, the cdc has added six symptoms for the coronavirus to its original three, now making a total of nine. the original three symptoms were fever, cough, and shortness of breath. now, the cdc has added chills, shaking with chills, muscle pain, headache, sore throat, and loss of taste or smell. meantime, abbott labs now says it has shipped more than 1 million coronavirus tests across the u.s. to all 50 states. most of those tests of course going to hot spots. this is a test that can give you a positive result in just five minutes. abbott also says they will be turning out 2 million of those tests a month, come june. and finally, governor cuomo in new york said that private pharmacies are now authorized to serve as collection points we have boosted the lab capacity to
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