Powers. Protesters there angry at whitmers decision to extend the states stayathome orders until the middle of next month. Meanwhile, in states like georgia the governor there allowing gyms, hair salons, that to too parlors and some other tattoo parlors and some other nonessential buzzes to reopen businesses to reopen. A number of virusrelated elements to report to you. We begin with the death toll in this country. The chinese coronavirus has now killed more than 50,000 americans and infected almost 900,000 nationwide. More federal help is on the way for Small Business and their workers, and more money for hospitals and testing. President trump has just signed that mammoth 484 billion relief package that will give more Financial Support to struggling Small Businesses across america. The relief package provides 310 billion for the Paycheck Protection Program, 60 billion for disaster loans, 75 billion for hospitals, 25 billion for more testing. During todays signing event the oval office
That come back positive has declined very significantly. Last week, roughly 38 of the tests in new york were positive. This week, that number down to is 28 . New cases in new york are down 50 compared to one week ago. Fatalities are down 40 over the same period. In louisiana, the rate of positive test results have declined from 25 down to 15 in the last seven days alone. 18 states now show a decline in the number of positive tests in the last seven days. The last seven days, there has been significant progress. Half of all americans live in states that have now taken steps to open their economies. Just yesterday, governors gavin newsom, california, tim walz of minnesota, and tennessee announced additional plans to restart certain sectors. We ask every american to maintain vigilance and hygiene, social distancing and voluntary use of face coverings. We are opening our country and it is exciting to see. We have a lot of talent involved from governors down to people that just stand there
Powers. Protesters there angry at whitmers decision to extend the states stayathome orders until the middle of next month. Meanwhile, in states like georgia the governor there allowing gyms, hair salons, that to too parlors and some other tattoo parlors and some other nonessential buzzes to reopen businesses to reopen. A number of virusrelated elements to report to you. We begin with the death toll in this country. The chinese coronavirus has now killed more than 50,000 americans and infected almost 900,000 nationwide. More federal help is on the way for Small Business and their workers, and more money for hospitals and testing. President trump has just signed that mammoth 484 billion relief package that will give more Financial Support to struggling Small Businesses across america. The relief package provides 310 billion for the Paycheck Protection Program, 60 billion for disaster loans, 75 billion for hospitals, 25 billion for more testing. During todays signing event the oval office
Into our edd department of Employment Development department now at 9 more than 22 million americans have filed for unemployment as the president lays out guidelines to reopen the country for business. Good evening. Im ken wayne and im pam moore, todays unemployment numbers are the largest and most dramatic rise in claims on record since the department started tracking back in 1967. The totals though come as no surprise since businesses will remain closed during this pandemic state agencies are having to hire more workers to help overwhelmed the state labor departments some states are expected to run low on money for state Unemployment Benefits as part of the federal Economic Relief package Congress Expanded Unemployment Benefits to include an extra 600 a week the size was given out by the state in california 2. 7 Million People across the state filed for Unemployment Benefits. As kron fours 10 per second tells us many are still waiting for money and some can even get through to the Em
Production next week. Now we dont know which ones are going to be built but we just know for boeing which has had rapid troubles over the past year and a half or so to say nothing of the virus shutdown here, but this is welcome news, certainly for the markets and of course the biggest advance today is Gilead Science drug that is showing promise, or could be effective against the coronavirus, its out there a number of other medical concerns that are also involved in the hunt for a vaccine or a treatment and there are a variety of them out there half a dozen is coming up here and i will explain a little bit later but its what gilead is doing thats getting a lot of attention as we stressed so many times here regardless of the stimulus around the virus, what will really move the markets and connell ly proven to be the case is progress on dealing with and or treating the virus so this gilead news is big news in need, Jackie Deangelis on that and much more. Jackie theres optimism in the mark