Now come to order. Without objection members of the full committee got on this task force are operas to participate. Members are reminded to keep their video function on at all times even when they are not denies by the chair. Members are also reminded that they are responsible for meeting and unmating themselves and to meet themselves after they are finished speaking. Each rose 965 only use members and witnesses is appropriate when not recognized to avoid in an ardent background noises. Members are reminded that all house rules related to order applies to this remote area. Exposure notification and Contact Tracing how ai helps localities reopened safely and researchers and i will now recognize myself for four minutes to give an opening statement. Good morning to todays hearing will focus on the essential tradeoff of the covid19 pandemic is forcing upon us between life liberty privacy and the pursuit of happiness. The role but technology to financial transaction data and Artificial Int
Reopening his tesla plant in california the growing dispute that could land the billionaire behind bars. Hate crimesiders new charges in the shooting death of Ahmaud Arbery as a new prosecutor is named in the case. I played the waiting game, and finally it seems like something is getting done. This morning, why his family is praising the move. Airlines in crisis in an exclusive interview, boeing ceo tells savannah the impact of the coronavirus could cause a Major Airline to fold. You think there might be a major u. S. Carrier that just has to go out of business . Yes, most likely. Why he says it could take years for the Airline Industry to get back to where it once was, and the concerns over passenger safety after these images of packed flights. Its up to you New York New York some of the states biggest stars come together for a virtu virtual telethon for Coronavirus Relief 115 million, what a great day to new york. Thank you to everyone who gave and gave and gave. Well talk to tina fe
Consulted with the centers for disease. Individuals are at least six feet apart. Theres no room for public to attend in person. Representatives of the press are working as a pool to relay their observations to colleague. The hearing may be watched online. An unedited recording will be available on the website. Witnesses are participating by Video Conference in a onetime exception. Some senators, including the chairman, are participating by Video Conference. Senators, we have been advised may remove masks, talk into the microphone when in the hearing room as they are six feet apart. Im grateful to the roall for t hard work to keep us safe. In our hearing last thursday, i said that all roads back to work and back to school run through testing. What our country has done so far on testing is impressive. Not nearly enough. Over the weekend, senator schumer, the democratic leader, was nice enough to put out a tweet quoting half of what i said. He left out the other half, the impressive part.
Inspect a face mask production facility. Its a clear signal hes out and about for the first time in weeks. The markets like this. The opening up, that is. Look first at the price of oil. Th 23 a barrel. Thats because production has dropped sharply, limited supply and the likelihood of a pickup in demand as more businesses open up. The president just tweeting on that literally moments ago. Here it is. Oil prices moving up nicely as demand begins again. Thats the backtowork movement evident in the oil market. Stocks, they are going up, too. Reopening is popular with investors. Look at this. Lot of green, lefthand side of the screen. The dow is going to be up about 300. The s p up 36 and better than a 100 point gain for the nasdaq. Yeah, tuesday, may 5th, a positive tone today, if you ignore the everwhining media. Varney company is about to begin. Stuart lets get right at it. We will bring you an update on the reopening of the country. California and new york, both outlining their plans.
Rally, hence why we are looking at 5800 level on the china index and puts us back at the start of the year. And tilt coming through. 10year yield at 30. And three cuts. Only three cuts and swaps market and still looking at that. 60,000 level, trading at 57,000 level. That is one watch when it comes to bit coin and ai and no we have the bodes well with the fed and what is markets are listening. And are 7 to 6 to 3. And have we seen a view when it comes to yields. Does it yield . The dots we are showing, a lot of fed speakers coming through on thursday and friday. Speaking of central bankers, starting right now and we will be speaking tomorrow, not wasnt they did anything and probably at the peak and may start cutting rates first half of next year. They may not do anything the first half of and the peak rate was at five points. So, that was a bit of a downward and even though they are hawkish. And had comments they may look at this independently. But there is that side of the market not