Right 6 00, a. M. On the east coast. A live look at clearwater, florida on the West Coast of florida as Hurricane Helene barrels through the gulf of mexico, gaining more and more strength through the day today. Good morning, everyone. Im kasie hunt. Its wonderful to have you with us. The latest update from the national hurricane center, just a short time ago shows helene is getting stronger now with 90 mile an hour winds the storm though, expected to get much stronger than that. Helene is forecast to arrive as a major hurricane along floridas Big Bend later this evening, bringing lifethreatening Storm Surge and catastrophic winds widespread Power Outages are also expected. Recovery teams already mobilizing across the state to get the lights back on once the storm passes many people will lose power depending on where you are in the state. So just prepare, be prepared for that understand that Thats Something that could happen and have a plan in place. So youre able to whether that alrigh
The market this fall. That would be months ahead of schedule. I will get one doctors opinion coming up. All that, a lot more on making money. The president holding a News Conference a short time ago. They went over everything from the virus to the u. S. Economy. Blake burman has the latest. Hey, blake. Reporter cheryl, im told the white house will invoke the defense production act to make sure meat processors will stay open. They will do it through the dpa, declaring that the meat processors are critical infrastructure. Im also told that in this process, the federal government will be providing protective gear for those employees within the Meat Processing plants and will be providing guidance as well. This of course comes as there are fears there could be meat shortages due to workers contracting the coronavirus and those plants have been closing, or forced to close because of it. For example, tyson foods over the weekend, even cautioned that the Food Supply Chain could be breaking. T
Which prevent michiganders crossing the street to visit family members. No relaxation of the social distancing rules from President Trump. Hes considering extending the keep your distance regulations into the early summer. Then theres this. Antibody tests that show far more people have been through covid19, three million in new york state, 20 of new york citys residents have had it. That means the fatality rate, the number of people who died from the virus, comes way, way down. Interesting. Quickly to the markets. Not Much Movement at the open today. Orders for durable goods in march down 14 , yeah, thats bad but it was expected. The dow is going to be up 193. I call that little movement. How the times change. We will be back to 23,500, big gain modest gain for the dow, nice gain for the s p and for the nasdaq as well. Look at oil, staying at low levels. We are looking at 17 a barrel. In the absence of demand, we are still not driving very much, we are running out of places to store al
Decline and that is a forwardlooking indicator on this, not so much tragic deaths but we like to focus on that is assigned to come to the process and we to go to the hospital and then you see what youre doing in the hospital in the most severe cases and ends up on a ventilator, and then sadly you die at that point but that is a logging part, if you see a downtrend in the number of people getting in to the hospital and encouraging and keeping an eye on it, the governor of new york is outlining other promising developments as well, we will get into that later in the show, minutes await the president signing off on the 484 billion Small Business stimulus measure, some are calling relief, whatever you want but it is going to be widely seen as an opening with more stimulus down the pipe, blake has more on all of the above. Hi, you see our colleagues lined up in the Briefing Room meaning they are still awaiting to go into the oval office, we expect the signing at some point later this hour,
Infections soar at Meat Processing plants across this country, many are wondering will we face a meat shortage soon . All that and so much more on making money. Charles a major read on consumers out this morning not only did the final read for consumers sentiment in april come in better than expected, but it confirms the idea that americans see better days ahead. The read on Current Conditions declined more than 29 . Down more than 40 in the past two months. And then you look at that juxtaposing it for the read for how we see the economy in six months, only down 12 , 22 in two months, it is pretty clear that the consumers and the stock market are banking on this economy reopening soon and the coronavirus continuing to flatten. Many are wondering, though, has the market still come too far too fast . And are consumers and investors being too optimistic . I want to bring in two of the best to discuss this, Wealth Management cio and fox business contributor scott martin, chief investment s