In infections that could overwhelm hospitals. Also looking at the wall street journal this morning in specificity, u. S. Death toll coronavirus nears 130,000, as infection rate surges. We will take a look at the numbers and the Johns Hopkins tracker across the world and in the United States in particular. Around the world, the total confirmed cases over 11 million cases worldwide and over half a million deaths. The United States now nearing 3 million cases identified and approaching 130,000 deaths in the United States. Yesterday on face the nation, the headline former fda u. S. Istrator said the right back where we were at earlier pico coronavirus crisis. Earlier peak coronavirus crisis. Here is what he had to say. When new york city peaked, we had hundred 34,000 cases. We were diagnosing one in 20 cases. 60,000ow, we will have cases and maybe we will reach 75,000. We are probably diagnosing one in 12. We are falling behind. We have 700,000 infections a day nationally. We are right bac
Affected by the coronavirus. Egge discussesrt how covid19 is impacting nursing home patient. Next. Ington journal is host the weekend july 4 celebrations are over, and the covid crisis continues, the cages surging in several states across the country. Good morning. Welcome to washington journal for this monday, july 6. We will talk about what the situation is like in your area and state, the impact of the search in it crisis across cases across the state. In lines are 202 7488000 the eastern and central time zones. In the mountain and pacific areas, 202 7488001. If you like to send us a text, 202 7488003t at tell us your name and where you are from. cspanwj. So on twitter soaring cases, hospitalizations overshadowed july 4 celebrations. States cast an 39 shadow over the nations fourth of july celebrations, as Health Experts word about holiday parties causing a further spike in infections that could overwhelm hospitals. Also looking at the wall street journal this morning in specificity
Coverage. Blake burman with the latest from the white house, Lauren Simonetti is watching the markets and Edward Lawrence is in washington. Lets kick it off with edward. Reporter exactly. Chairman Jerome Powell, Federal Reserve keeping Interest Rates where they are foreseeable future. Federal reserve chairman Jerome Powell said the coronavirus had Significant Impact on Economic Activity, employment and inflation, further lowering expectations. The Federal Reserve chairman believes well see doubledigit unemployment when the next Unemployment Rate comes out. He backed off saying there would be a robust Third Quarter going farther, saying some uncertainty around when the crone cron treatment will be available is when in fact the economy will start to pick up again. But he would not say if the announcement after treatment or a vaccine changes anything that the fed is doing. Also Federal Reserve open Market Committee statement saying that the fed will keep rates where they are until they ar
Gone red as weve gotten more guidance on Net Interest Income on the conference calls. Yeah. Absolutely the banks are in focus as this first day of earning season in earnest really kicks off one of the names im actually focused on that reported this morning is fastenal, distributors, thats what they make and they provide those distributors to quite a variety of industrial excuse me industries and end markets, early indicator of the state of the industrial economy, youre seeing those shares pop today in part because at a time where so Many Companies are cutting their dividends they actually raised their dividend and they noted that theyre seeing product produced significant shifts in business mix and that march sales of the fastener products declined 10 on a daily basis as industrial activity slowed but their safety business grew 31 as they were sourcing and delivering critical ppe supplies to the marketplace why do i bring this up this is essentially what were seeing and i have a feelin
Education, labor, and pensions will please come to order. I have one goal today and that is Accurate Information. Accurate information that can help americans understand what they should do about the coronavirus and Accurate Information to help members of congress to help decide what else we ought to be doing about the coronavirus. Around the world, the spread of the Novel Coronavirus alarming. 90,000 cases in 65 countries. 3,000 deaths according to the world health organization. But most people in the United States are at low risk. Heres what the New York Times said on its front page two days ago on sunday in describing the situation in our country. Quote, much about the coronavirus remains unclear. And it is far from certain that the outbreak will reach severe proportions in the United States. Or affect many regions at once. With its topnotch scientists, modern hospitals, and sprawling Public Health infrastructure, most experts agree the United States is among the countries best prep