The recovery is under threat from the covid19 resurgence. Frydenberg says the other plumbing rate will jump in the coming weeks. Economy and the government handling of covid19. A look at howake we are shaping up for a new trading week in asia as the market continues to search for direction. U. S. Stocks trading close to fresh highs. We had the stock market up for a fourth straight week friday amid albeit light volumes. Up. 2 this morning and asia and we are seeing positivity going into the start of trading in japan. We have one report Prime Minister shinzo abe is headed back to the hospital so we will continue to watch that story. And the potential applications for policy continuity. Japanese yen Holding Steady at 105. 86, with a rebound in the friday session. Rise in u. S. Treasuries. At 42. Crude trading 49, ending the last week its advancering in asia. Shery lets talk about china. Beijing is offering support to strengthen hong kongs role as an International Financial center. For mor
Christien kafton. Reporter city leaders say they see an increase in the infection and hospitality hospital rates. They said to do that they need to help of every resident. Despite early success in flattening the curve. They now find the curves trending in the wrong direction. The Public Health Department Said it took 38 days to go from 2000 to 3000 infections and 13 to go fr 5000 cases diagnosed every day. Dr. Colfax said the city could be seeing a crisis like what unfolded last month on the east coast. We talk about the curve. Its implausible that we could get in a situation like in new york. Reporter is a part of the way forward is expanded testing. Ordering medical providers to step up testing. In total we will have an additional 1400 testing slots per day. Thats a 45 increase over what we are averaging over the past week. Reporter the mayor discussed a topic, what school will look like with the distance learning. The mayor said that they are working on opening learning hubs to prov
Alphabet is up about 11 year to date amazon is up 50 this year you have to wonder if it is the revenue that will be hit particularly hard as travel remains under pressure and they get a good chunk of revenue from that sector. His tweet was on may 1st, the stock closed at 701 that day, were getting new details on the ppe program. Yeah, were waiting the release of loan recipient names. That should be about 13 of the recipients in the program. Here is what we know about ppe after as you mentioned the president signed that extension over the weekend 4. 9 million loans were guaranteed the average loan side was 107,000 about 30 billion in loans have been returned or canceled. Those that fall into the category will not be on the list that we are supposed to get today. This is supposed to be how many employees were in the company when they applied for the loan many businesses are facing deopenings, well be back with more as soon as we know it thank you, kate. That is a good way to get into sto
This is live coverage of the hearing on cspan3. The country is returning to work here. Many of us here in washington having this hearing while the spearer pelosi and House Democrats continue to stay at home Holding Virtual hearings. We have got to get back to doing the real live work that the people sent us here to do and i would urge my colleagues on the other side of the aisle to come back to washington and do what we have been elected to do. And with that, madam chairwoman, i yield back. Thank you. Thank you so much. Now were introduce our witnesses. First we have rita bigot, an essential worker who died from coronavirus. Next is john costa, the International President of the transit union. Next we have anthony mark perone, who is the unit food and commercial Workers Union and with us Bonnie Castillo who is the executive director of National Nurses united and California Nurses Association and the National Nurses organizing committee. We also have clint odum from policy and advocacy
Hes one of thousands of children trapped in refugee camps and greece as the great shock the coronavirus looms the situation is looking for him. To save the Oil Price Drops to its lowest level in decades after the pandemic causes the launch to plummet. Prosy wonderwall come to the program now the german chancellor has warned people have nots to relax and to lift their god as restrictive measures here start to be only asked for money brady she gave us her and that assists on those calling. She warned that there was too much focus on easing travel restrictions particularly in the different 16 states around germany rather than focusing on making sure that people are still are daring to those social distancing measures that are still in place are making sure that people are still keeping at least one and a half meters away from each other making sure that people are gathering in groups of no more than 2 and the people that you are meeting with or moving around cities with are from your hous