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Continue to gradually reopen, auto plants are restarting some operations this morning and Homebuilder Confidence increasing as well ahead on todays show, President Trump host iing a rou b table with restaurant executives at t the white house this afternoon well speak with the ceo of restaurant brand, the Parent Company of burger king and pop eyes. Plus, billionaire entrepreneur and Restaurant Owner will join us to discuss whether people will actually come back to restaurants, casinos an sporting...

And oil is up to the tune of 25 . The jobless claims rocked the street. We were expecting them to be bad. We were not expecting them to be 6. 6 million bad. Jackie deangelis, jackie. Reporter good afternoon to you, neil. Lets go ahead to start with the tweet from the president that had the dow jones up more than 300 points now. The president said, i spoke to my friend, mbs, crown prince of saudi arabia who spoke with president putin of russia and i expect and hope they will be cutting back appro...

Now projecting anywhere from 100,000 to 240,000 total deaths in the u. S big investors are weighing in. Rosengren says the feed needs to adapt as the crisis proceeds and he expects the Unemployment Rate to rise dramatically weve got a big guest lineup coming for you in just a couple minutes, talking to james gorman from Morgan Stanley. Hell talk about the market volatility and how the banks have fared so far in this crisis lets focus in on the big stories we are watching at this hour, the final ...

Breaking news. U. S. Stock market futures are limit down even as the Federal Reserve slashed rates to stave off recession in the face of a global coronavirus threat. Life in america changing rapidly as governments at every level take drastic and unprecedented steps to try to slow the spread of the pandemic. Major retailers including nike and apple, shutting their doors for weeks. Well talk about the fallout for the u. S. Economy it is monday, march 16, 2020 squawk box begins right now. Good morn...

Quarter. The Second Quarter is probably going to be weak. In fact, in the view of many, output declining output lower in the Second Quarter than in the First Quarter. After that, its very hard to say how big the effects will be or how long they will last thats going to depend, of course, on how widely the virus spreads, which is something that is highly uncertain and i would say in fact unknowable jim, so its just you and me today. Lets start broad. Get your thoughts on the last 72 hours. What a...

Yields have picked up. Tenyear yield above 5 . That is a significant level. We touched briefly above that for a nanosecond last week. Since then, you have to go back to 2007 when you have seen yields at these levels. 5. 012 for the tenyear yield. By the way, check out energy prices. You will see wti which is off 33 cents. 87. 76. We have merger monday as joe mentioned. Look at what is happening here. Chevron buying hess in the deal of 53 billion. 171 a share. That is a low premium over the Closi...

And my view is we need to take transformational reform to solve the too big to fail issue so we never have to ask taxpayers to do that again. Rose and they became vulnerable and could have failed in not rescued because they made such bad bets on subprime. Correct. We had a nationwide housing downturn that none of us predicted. And the banks disn see it either. The regulators didnt see it. And then they ran into trouble. Rose we continue with al hunt on the story with Governor Terry mcauliffe of ...

And my view is we need to take transformational reform to solve the too big to fail issue so we never have to ask taxpayers to do that again. Rose and they became vulnerable and could have failed in not rescued because they made such bad bets on subprime. Correct. We had a nationwide housing downturn that none of us predicted. And the banks disn see it either. The regulators didnt see it. And then they ran into trouble. Rose we continue with al hunt on the story with Governor Terry mcauliffe of ...

So that went my copay jumped from 0 to 300 that month. Those are the kind of things youre constantly trying to stay in front of as a patient. And again, i could be any of you. Right. Well, that concludes our morning session. We were going to take a onehour break now for lunch. As a reminder, you are not permitted to move around the building on your own. If you want to purchase lunch in the cafeteria on the top floor, go to the registration desk. You can go outside and to the left. Well presume p...

And coming up, more on the recent health and Human Services forum on pharmaceutical innovation and drug costs. Up next, senators from medicare and medicaid acting administrator andy slavit and purchasing strategies for the pharmaceutical industries. This includes manufacturers, employers, consumers, Health Insurance providers and government officials. Once again, if you will all take your seats well get started on the final panel of the day. Where as promised, well devote our discussion to outco...