Whats being promoted in the name of health is actually the erosion of human contact and human solidarity social isolation is a privilege for those that dont have to face in close proximity or die of starvation not an option for several billions of peoples around the world. Hello there good afternoon welcome to the program which has turned midday here in moscow this monday on kevin now in with his 30 minute world news round up 1st heres where we are on the numbers as we enter a new week its 4 months now since the 1st infections began to cause concern around the world and as of now this hour more than 1800000 cases have been logged and more than 114000 people have died the number of people known to have recovered meantime from covert 19 is now more than 428000. So in todays developments to new york city the worst affected area in the worlds most affected country the governor of new yorks playing to launch a fund to support medics but the skepticism from unions back at him who blame him f
Credit market. Thats coming up in the next hour were also going to talk to matt shay about the pain the pain out there with retailers weve heard about furloughs from gap to macys. What kind of unemployment statistics are we going to be talking about for the biggest private sector employer in the United States and do they qualify for relief in the new congressional package. Lets focus on the big stories were watching in this final hour of trade. Bob pisani joins us with a look at the quarter mike has a deeper dive on the s p 500 today. Steve has more on the feds latest move and what the economic signals are telling us. As we get ready to close out the quarter. Boy, good riddance and good riddance, exactly. Treasuries up and rebalancing. Buy stocks, sell bonds might help a little bit towards the close. Corporate Investment Grade flat and high yield down. Reminding us that in a recession, high yield tends to act. I want to show you the charts here boeing, have you seen anything go to 150
New notice, saying that the fed will use all its tools to support the american economy. The s p, yeah, it came up off the floor, but it is still down 64 points and the nasdac is still losing 126, todays selling follows the worst single day point loss in history, for all three indices. What will happen in this final hour of trade . It is also the final trading day of february, so what were going to do is keep you rock steady and solid with everything you need to know. Since the thundering bullherd got spooked by the threat of the coronavirus, total equity losses so far coming into today topped 4 trillion. All 11 sectors in the s p right now are in correction meaning they are off 10 or more since their recent highs. Joining the dow, nasdac and s p, as markets fall into correction territory, and are staying there folks the past six sections mark the fastestever decline from record highs all the way down to correction for the s p and the nasdac. The outbreak making its way now into sub san
Sectors expanded use of technology, its just not ready primetime. During this hearing, well private sectors development, use and sale of technology as well as its partnerships with Government Entities, using this technology. We learned from our first may 22 of 2019 that he use of facial Recognition Technology can severely impact American Civil Rights and liberties, including the right to privacy. Protection and equal under the law. We learned during our second federal, n june 4 how state and local Government Entities use this technology on wide scale. Yet provide very little why itsncy on how and being used or on security measures to protect sensitive data. Despite these concerns, we see facial Recognition Technology and more in our everyday lives. Used in ology is being schools, grocery stores, irports, malls, theme parks, stadiums and on our phones, social media platforms, door and even in ootage hiring decisions and its used by Law Enforcement. This technology is completely unregula
F facial Recognition Technology. They testified before the House Oversight and reform committee. Working on e is legislation to address the emerging technology. Good morning, everyone, and is out objection the chair authorized to declare a recess of the committee at any time. Would now like to recognize myself to give an opening statement. Today the committee is holding on a critical ng issue. Facial recognition tech. Its clear that despite the sectors expanded use of technology, its just not ready primetime. During this hearing, well private sectors development, use and sale of technology as well as its partnerships with Government Entities, using this technology. We learned from our first may 22 of 2019 that he use of facial Recognition Technology can severely impact American Civil Rights and liberties, including the right to privacy. Protection and equal under the law. We learned during our second federal, n june 4 how state and local Government Entities use this technology on wide