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Today. And south korea, the Ruling Party Wins the election. Oil sits near an 80 year low amid a record collapsing u. S. Fuel demand. The trump is said to consider paying them to leave oil in the ground. We start this morning with a little bit of shaky ground. A reality check. For me, its about the bond market. You saw that drop in yields yesterday by 13 basis points. Its crazy to hold bonds. I turned to blackrock. I like what rick writer is saying. Basically, we will follow the fed. By bonds, et...

Global coronavirus cases top 2 million. Germany is set to start loosening the lockdown for next week, and President Trump will unveil guidelines to reopen today. European futures turned positive despite historic declines in retail and factory gauges, sinking stocks on wall street. Attention turns to todays jobless claims. Plus, wti crude at an 18 year low amid a record collapse in the u. S. Fuel demand. Washington is considering paying drillers to leave oil in the ground. Just under an hour away...

Drillers to leave oil in the ground. Good morning, this is bloomberg surveillance. I am Francine Lacqua. Lets check in on the markets. We have a lot of news, but we are used to it. Terms of european stocks, u. S. Futures, and everything in between, the big story is oil. We had the iaea report yesterday, production cuts on sunday did not seem to be enough. Stocks rising, u. S. Futures rising. Investors are trying to gauge the damage caused by coronavirus, and awaiting the next corporate earnings....

Faculty member of the Economics Department and the cochair of the mit work of the future attack force that was commissioned a year ago the spring and the purpose of the task force is to engage in confront the sense that many have that the labor market and technology is changing rapidly to understand why people are anxious, to figure out how concerned they should be, what is changing and what is different this time and what can we do to ensure that the coming era of change needs to not productivi...

Check futures, dow futures right now in the red to the tune of 360 points, nasdaq futures down 110 and s p futures lower by 40. Oil prices under pressure this morning. The International Energy agency warning that demand could plummet to less than 25 years. Airlines reaching a deal for Financial Aid. Mornings with maria live. Striking a deal Oil Producing countries agreeing to cut output by 9. 7 millionbarrels a day in an effort to stabilize the price of crude. President trump weighing in on much...

Good monday morning, everyone. Thank you for joining us. The United States has the third highest number of coronavirus cases in the world trailing only china and italy. The death toll in the u. S. Now tops 400 people and thats forcing more drastic measures. At least 11 states have now agreed to shut down all nonessential business. President trump has authorized the National Guard to respond in three states with the most cases and he says large shipments of medical supplies and respirators will a...

India 414 does seem really low for a country with a population of 1300000000 people india has also performed the lowest number of tests among affected countries Something Like 3 per 1000000 that was a was about 90 a day and there are increasing concerns of the very low level of testing could be hiding the real number of cases and so indians a bracing themselves as the government has now expanded testing criteria and doubled the number of Testing Centers brought in the private sector private hosp...

Within 2 weeks one of the forecasters said to me we were looking at a Freight Train coming across the country were now looking at a bullet train because the numbers are going up that quickly the u. S. President though is more optimistic saying he hopes to have the virus under control by east. Ultimately the goal is to ease the guidelines and open things up to very large sections of our country as we near the end of our historic battle with the invisible enemy to go on for a while but will when a...

[inaudible conversations] [inaudible conversations] if you miss any of our live coverage of the governments response to the coronavirus outbreak, watch it anytime at cspan. Org coronavirus, for daily briefings by the white house and the task force, and hardest hit states. Use the charts and map to track the global spread and confirmed cases in the u. S. County by county. Our coronavirus web page is your fast and easy way to watch cspans unfiltered coverage of this pandemic. Up next, a Senate Hea...

A huge Unprecedented Program of support both for workers and for business and i can assure you that we will keep these restrictions on the constant review we will look again in 3 weeks and relax them if the evidence shows we are able to but present the rig just no easy options the way ahead is hard and it is still true that many lives will sadly be lost. Well the death toll in europe continues to grow the number in italy is now past 6000 double that of china where the virus began one in spain mo...