Page 27 - Phase Four News Today

Likely to hit around 15 . This morning, the private sector reports the loss of 20,236,000 jobs just in april. Reopening the economy is designed to try to bring back some or most of those jobs. So here we are. With all the bad Economic News breaking around us, what does the market do . Well, it rallies. For the third day in a row, the market opens higher. This is a bet on the recovery and a bet on the federal reserve, which is putting at least 4 trillion into the economy, and the treasury which i...

Relatively good news out of new york where hospitalizations continue to decline although there is a spike in deaths in the state. The governor is worried, outlining for folks the idea of a staggered reopening of the state. Only 45 minutes after new yorks mayor bill de blasio was saying look, it is looking like june. That the city will not be able to open up before june. That was not exactly worthy after fox news or fox business alert. No shocker there. A highranking mayor of the city was making ...

On this, and take the oil and find a place to ship it. That is proving to be a real conundrum for these markets here. There is a company, variety of companies that do this for a living including one called valpak. It has storage barrel systems i dont know what you call it all over the world, include places in singapore, rotterdam, theyre essentially saying there is no room at the inn. Weve run out of space for the space people are looking. Sort of a doubleedged sword here. The fears in the marke...

Will make more than 200 stops. John is semiretired and works parttime as a driver. Whats it like to have a few extra bucks, extra cash in your pocket . Its pretty good. Yeah. Inside, 15 workers were brought back this week and theyre Wearing Masks and workstations have been spread out. Theyre offering some customers to deliver mothers day flowers on monday or tuesday. Liz was furloughed and has been getting unemployment. Staying home for a month over a month. It was really nice. To come back beca...

As georgia swings its restaurant and Movie Theater doors back open right now, we are going to get a realtime ontheground assessment and report from the ceo and cofounder of atlantabased wing zone. The restaurant chain with 90 different franchises. Youve got to hear how hes describing the brand new day here in georgia. But as concert venues and sports arenas remain absolutely shuttered still, whats a Live Entertainment company doing . In his first interview since announcing that it will refund Ti...

A lot of investors and traders like to see that broadbased movement. We have a nice risk on move. It is not clear this is not simply a bear market rally. It is too early to say. Today the bulls are out once again. David that is reasonably cheerful. Now i have to ask you about oil because it has fallen out of bed. Abigail we have oil down more than 25 . The crude oil crash continues. This is an important point relative to stocks. On the year, stocks are down 10 . Oil is down 80 . Both are conside...

While signing the phase four relief package into law this afternoon will give another 310 billion to the ppp, the Small Business loan program, the president suggested that more help could be on the way in the form of government purchases. He suggested the oil and Airline Industry could be the beneficiary of a government buying product now at low prices for future use down the line. We could buy oil at a great price into the future, that gives them the infusion that they need and one of the ways ...

Ms. Mcenany good afternoon. I have an announcement for you on hospital funding as appropriated in the third phase of Coronavirus Relief. The Trump Administration will distribute a total of 12 billion to 395 hospitals across the country that have been hardest hit by the covid19 pandemic. These hospitals have collectively cared for 70 of the 184,000 americans that required hospital inpatient care. 10 billion of the 12 billion will go toward hospitals treating 100 or more covid19 admissions. H. H. ...

Blake burman with the latest from the white house. Lauren simonetti is watching the markets. Edward lawrence in washington. Lets kick it off with lauren. Lauren hey, guys, two days of severe loss on wall street. Dow, nasdaq, s p 500 closing near the lows of the session. The past two days, during that time, the Dow Jones Industrial average has given up 1200 points. Nasdaq gave up 400 points last two days. If you look at s p sectors, communication services, technology, were worth performing Servic...

Rescheduling surgeries and the state will expand its testing capabilities of Governor Newsom stopped short of the news Everyone Wants to hear. Effective immediately masks are now only recommended. Thats not all, the other steps being taken to get the country and the county back in business. In santa clara, the virus started to spread weeks earlier than anyone previously plead. Two people died from the virus in february, neither had travelled overseas. Their lives, thats what so many people want ...