Lots of people start retiring retail value starts to drop your medically, as a result of which, air france is taking the 500 million euro hit on that. Vonnie suppliers like rollsroyce, talking to the jet engine maker earlier on, and every time a widebody plane aes away, rolls doesnt get reorder for that particular plane. The s p 500 up 1. 5 . Most stocks are higher in the s p, and all of the groupings in the s p are higher, but we do have about 50 or so stocks lower. To be honest, a lot of those are came out after target and said, look, i cant tell you what is going on with the consumer. I am just completely confused. Target upping its offerings of fruits and vegetables and cook foods, but really not understanding what the customer is doing about a parable is doing about apparel. The dollar index down to 99, testing the 99 mark. Lets not forget the fomc minutes later on, for what thats worth. Theres also a lot of chatter about negative rates, particularly out of england. The 10 year yi
Dron after the couleers tod corehey e concerned about a spike in infections if states loosen restrictions too quickly. Today, we learned cases are spiking in about half of the country, even as more states move to reopen beaches and businesses. As we come on the air tonight, nearly 84,000 people have died from covid19 in the u. S. And confirmed cases nationwide are moving close to 1. 4 million. Tonight, theres also a stark new warning from the head of the Federal Reserve. Jerome powell, the countrys central banker, says the u. S. Economy could face lasting damage if congress doesnt pass additional stimulus. Theres a lot to get to tonight, and our team of correspondents is covering it all. Cbs paula reid leads off our coverage from the white house. Paula. Reporter margaret, chairman powell autopsy said that the speed and the scope of the down turn is without modern precedent, and significantly worse than any recession since world war ii. And President Trump continues to push to get ameri
Development program. Why dr. Rick bright says the pandemicwh he calls the darkest winter in modern history . Lasting damage the head of the Federal Reserve sounds the alarm, his warning about what could happen to americas economy if lawmakers dont do more. Safety in the skies with passengers and profits vanishing. New moves tonight by the countrys major airlines. How they plan to convince people to fly again. And, finding a friend when youre all alone. Why so many of us are getting pets to help us through the pandemic. This is the cbs evening news with norah odonnell, reporting from the nations capital. Brennan good evening, and thanks so much for joining us. Norahs on assignment. Im Margaret Brennan. Wre going to begin tonight atct diseexpert of playing all sides of the equation about reopening the economy. President trumps rare rebuke of dr. Anthony fauci comes after the countrys Top Public Health leaders told congress they are concerned about a spike in infections if states loosen r
Why they think its okay to fly. And pen pals. Students are reaching out and providing comfort to isolated seniors the oldfashioned way. Something to be said about the oldfashioned way. But first, heres todays eye opener, your world in 90 seconds. He wants to play all sides of the equation. I was surprised by his answer, actually, because, to me, its not an acceptable answer. President trump at odds with the nations top Infectious Disease expert over when to safely reopen schools. The president views this as a political problem. He doesnt view this as a Public Health problem that hes got to solve. Another nearly 3 Million People filed for Unemployment Benefits last week alone. The National Bureau of Economic Research predicting that 42 of the layoffs now could be permanent. According to nsa documents released by two, obama officials requested flynns identity be released. The fbi has served a search warrant on North Carolina senator richard burr. Theyre investigating his stock trades. Al
Is time. A governor who doesnt want to see these businesses destroyed a person who has said, look, weve got the baseline we know what can go wrong. We have the ability to handle it medically. And initially when i saw this, carl, i said this man, this governor is a reckless fellow. The more i read his excellent speech yesterday, the more i realized the stakes are so high for so many people, im rooting for this man i think hes doing it in a way that makes me feel like if youre going to open it, open it this way i wanted to wait for the vaccines i wanted to wait for when we got s ser roll gist ologyists who coue antibodies it may seem illadvised, when you drill down to the speech he gave yesterday, i have to tell you, i was impressed i know everything has become politicized, but this is a man who is feeling for the Small Business people and recognizes theyre about to be done Scott Gottlieb on squawk this morning did say to him they picked the businesses most at risk and decided to open th