Page 144 - Third Quarter News Today

Quarter. The sharpest decline since 2008. Now more than 30 Million People have applied for Unemployment Benefits in just the last six weeks. As states are ramping up to reopen, what can be done to safely jumpstart this economy . Joining me now is omede mall lick, thank you so much for joining us. Hope youre staying safe and strong in this shutdown. Thanks. Same to you, maria. Maria isnt it unbelievable that even as we are in this shutdown, we are seeing states across the country reopen this week...

Were not seeing anything like that today. We have tech stocks that are lifting the nasdaq right now. Dow is down about 44 points but the nasdaq looking nice and strong here, up 94 points. The coronavirus pandemic of course is still causing not glitches but massive disruptions in particularly the u. S. Meat supply. Shortages are now upon us, as stores now limit purchases of beef and pork and chicken to prevent hoarding. That has beyond meat surging after the plantbased meat giant reported better ...

Road, maybe that is actually not the case. Rolling overs as well. Maybe that is oil. It could just be a sentiment feeling, as well as any sort of Political Risk because of kim jonguns health uncertainty. Lets get to todays market moving news from our team in new york, as well as washington. We want to begin with this meltdown in the oil market. Wti futures plunging below zero for the first time in history yesterday as many storage tanks reached capacity. Brent for delivery in june pushing to the...

The group will hit higher in the third quarter. The question is still out how long it is going to last thats the real question we spoke to the former Vice President of the ecb as the central bank chief said she is undetoured by the Court Decision another member tells us the decision could have unfortunate consequences this could infringe in the end of independence of the ecb im not sure if it is laughable or serious and dangerous reassuring the markets and instability amid the outbreak in the pl...

Effective, it brought down the market up the day about 39 points s p 500 had given a run for the money. We are below that 2,800 level. S p up about 4. 5 keeping in mind the treasury yields right now, the 10year seems to be yielding 0. 606 andrew, ill send it over to you. Well give you an update now on the pandemic numbers. Global cases have reached 2. 7 million with 869,000 in the United States. The death toll in the u. S. Is nearing 50,000 new york cases have hit 263,000 and new jersey over 100...

Rain. Center was in a 52 after being 51, rain mendocino county, lake county, also moving in from the bay to inverness, san anselm Russian River. The systems on its way but it will be here until late saturday early sunday. Which allows us to get two days of a break starting tomorrow. Today 60s and 70s. Lets see, i think there is some good news out there. A little better on the situations . Were we to talk about that, were going to look at some of these other commutes. The good news part comes fro...

Masks. You saw yesterday the masks, we were at a factory yesterday, great company, honeywell. In a period of four days they took a big factory, little longer two, weeks, really most of the work done in four days, they took a about plant that did other things and converted it into masks. It is actually a complicated process but they have unbelievable equipment and theyre doing millions of masks out of this factory and that took place so quickly. That was all because of the task force. All of this...

It is april 24, 2020, this is Worldwide Exchange on cnbc good morning. Welcome wherever you may be watching i am brian sullivan. I think i speak for everybody when i say tgif. It has been a rough and wild week indicating we may not get another break today. Lower now off about 100 points the index lower on the week with the dow, s p losing between 2 and 3 that looks now to continue those losses today crude oil is down 30 since monday prices are lower now if we extend physical guidelines to summer...

Which prevent michiganders crossing the street to visit family members. No relaxation of the social distancing rules from President Trump. Hes considering extending the keep your distance regulations into the early summer. Then theres this. Antibody tests that show far more people have been through covid19, three million in new york state, 20 of new york citys residents have had it. That means the fatality rate, the number of people who died from the virus, comes way, way down. Interesting. Quic...

After officials celebrate positive results from a gilead trial. The data shows that remdesivir has a clear cut positive affect in diminishing the time of recovering this is important for a lot of reasons. Socgen gals. It triples provisions and suffers poor performance at Investment Banking business. Nokia takes a 200 million euro hit saying 5g will be an ongoing boost to demand. Elsewhere to facebook focusing on the positives shares jump in after hours trade as the social media giant said ad rev...