The cash trade less than one hour a day away. Stocks push higher as u. S. Coronavirus hospitalizations dropped, even as global cases top 20 million. Fresh stimulus remains elusive though, as President Trump looks to cut the Capital Gains tax. The earnings season continues, with numbers from heavy hitters, like softbank and prudential. Plus, we will speak with several ceos. Plus, ready and able, the bank of england. One member tells the times the bank will step up their q. Week q. E. Am their anna, what are you seeing . Anna good to see you. It had beenw where anticipated, 3. 9 . Threemonth rate, of course come with expectation that we would end the threemonth period to the end of june at 4. 2 . This is better than what had been anticipated, but remember, there is a challenge in terms of being able to reflect the unemployment reality on the ground. This number has been protected from rising to a large degree, for better or worse, and that means we still may be seeing a surge in unemploy
Folks theally shows weekend that we go into, it is midmay. I believe the calendar says its may 15. Part of that debate is the tension about june being upon us and even beginning to consider july. What i notice in my friday reading is that there is, including mr. Macron, there is this huge attention about this pandemic forward. Francine it certainly is and how you distribute all the medication. Lets get straight to the bloomberg first word news. Bless you, tom. Good morning, francine, tom. China denying it try to cover up details of the coronavirus outbreak. Beijing says it did not know until january 19 how infectious the new disease was. China says they release that information the next day. Chinese the federal government is out with new guidance on how to reopen bars, restaurants, and workplaces. Of cdc has outlined a number steps, among them, including social distancing, and how to tect coronavirus cases. Germany has ended a historic recession with its biggest month in over a decade
Buy . Well ask the ceo of macys himself as we look ahead on sunday morning futures. The House Judiciary Committee planning to hold a hearing on what it says is, quote, president obamas power grab. This following the president s announcement last week of unilateral executive action on immigration. Congressman Bob Goodlatte is the chairman of that committee. Congressman, good to have you on the program. Good to be with you, maria, and your viewers. So what is the response to the president s action . Well, we have a number of avenues to pursue, and there are lots of consultations going on about that right now. But we can take spending actions. We can take legislative action. We can take legal action. And there are a lot of different ways to do each one. Weve now seen the president s specific proposal for a couple days now, and my staff and many other members of congress and others are hard at work examining the correct approach, but i can assure you one thing, and that is that this is a m
Night. And i decided i should based on the press conference yesterday. People were asking did i take the test. What was the result. I dont know whatever it takes a day or two days. They send it to a lab. As for the public, the number of cases is growing by the minute. At last count, there were more than 2,600 people that have tested positive for coronavirus, 57 deaths nationwide. So far no federally mandated closures. But 19 states along with puerto rico and d. C. Have shut down schools. A look overseas could be a glimpse into the near future. Both spain and france have kane a cui from italy and shut down this weekend. France closed all nonessential stores, restaurants movie theaters and clubs. Spain going further, banning anyone from leaving home unless its to go to work, to buy essential supplies, go to the hospital or support an elderly person or minor. President trump surprising reporters when he walked into the briefing announcing last night he was tested to see if he was infected
But are consumers in the mood to buy . Well ask the ceo of macys himself as we look ahead on sunday morning futures. The House Judiciary Committee planning to hold a hearing on what it says is, quote, president obamas power grab. This following the president s announcement last week of unilateral executive action on immigration. Congressman Bob Goodlatte is the chairman of that committee. Congressman, good to have you on the program. Good to be with you, maria, and your viewers. So what is the response to the president s action . Well, we have a number of avenues to pursue, and there are lots of consultations going on about that right now. But we can take spending actions. We can take legislative action. We can take legal action. And there are a lot of different ways to do each one. Weve now seen the president s specific proposal for a couple days now, and my staff and many other members of congress and others are hard at work examining the correct approach, but i can assure you one th