We will bring you those numbers as soon as they get the hit. They may very well impact markets. We will look ahead to jobs number coming up. Job losses could hit 47 million and Unemployment Rate could surge to 32 . Jim bullard is here later this morning, more on jobs, action by the Federal Reserve and what if any rebound we can expect from the crisis. Interview coming up at 7 00. President Trump Pushes Congress to pass 2 trilliondollar infrastructure bill now to help boost the economy along the road to recovery. The president says the bill willing very big and bold. Meanwhile this, the death toll in new york city has surpassed 1,000, mayor bill de blasio joining the call for help as more makeshift hospitals are created. This as more states go on lockdown this morning, mornings with maria is live right now. We want to check Global Market s. Dax index in germany lower by 277. Factory activity in italy contracting at the fastest rate in 11 years. 40. 3 and french factory activity calling
The time of the crime Surveillance Video from a home in piedmont captures a ups not delivering but stealing. An expensive ipad was supposed to be signed sealed and delivered but the victim instead got an empty box in this case, it is a little unique in and out of the ordinary. Captain Chris Monaghan with piedmont pd says the suspect 40 yearold unique alley was a seasonal drivers aid for u p s. The company uses aids to help make deliveries more efficient by giving the driver a second set of hands this Holiday Season alley apparently had other plans see agent of the delivery service. Delivering the package signed for the package. Opened the package up remove the item. And then walked back to the delivery truck police say this video shows it happening at a home on Saint James Place alley is seen walking with the package in hand tuesday night. She is then seen walking away from the house is if the job was done. But the owners who were home at the time didnt see their package once they were
Army and has held that position since trump came into office. He has been waiting in the wings. When Patrick Shanahan was the nominee after jim mattis laughed, he was viewed as in the running but did not get the not. Now he is on the fast track. He has sailed through confirmation. The only pushback he got from senators was from Elizabeth Warren who pushed him on his board for raytheon. He was a vp for Government Relations and their top lobbyist on capitol hill. She asked whether that would present a conflict of interest and wanted him to make a commitment to not work for another defense contractor for four years after leaving government service. He would not commit to that. She asked for other concessions he would not agree to, on the advice of his counsel at dod. It seemed like the other senators on the committee were very laudatory of him. He was introduced by senator tim kaine, a democrat, who had nice things to say about him. The word is there going to have the first vote on him on
Andrew levin, whos professor of economics at Dartmouth College and former adviser to former fed chair ben bernanke victoria fernandez from crossmart Global Investments is in houston congratulations. Thank you. Peter costa from empire executions is sheer at pohere a9 with us. Rick santelli is at the cme. Were going to get reaction later from former Federal Reserve governor larry meyer with us and Richard Fisher well get color from them on the new nominee, the impact he will have on the Federal Reserve Going Forward. Steve, lets start with you. As we await the president , to come out of the oval office which could happen any moment here, hes considered the safe pick why . Well, i think because he doesnt want to have a huge change at all in policy. Doesnt he loves the way the markets have been behaving doesnt really want to upset that particular apple cart look, were not sure whos going to be appointed, bill, but i thought we might just talk about the bio of Jerome Powell, how about . The
Says they have zero chance stopping stopping what the white house wants to do here. Peter doocy with our live coverage from the white house. Reporter the new report is regional break down of bad stuff that will keep coming as the climate keeps changing. Coastal flood negotiate northeast. Decreased water availability in the southeast and drought in the midwest, just to list a few. As you said the white House Counsel running point for the president s Climate Change action plan, john podesta, there is really nothing anyone in congress can do to derail their agenda, that includes new regulations on power plants. The question of whether they, you know, they will find various ways, particularly in the house to try to stop us from using the authority we have under the, under the clean air act. All i would say is that those have zero percent chance of working. Were committed to moving forward with those rules. Report this new white house report also says they want big cities across the country