Page 109 - Work Force News Today

The speaker pro tempore the house will be in order. The chair lays before the house a communication from the speaker. The clerk the speakers rooms, washington, d. C. April 23, 2020. I hereby appoint the honorable kathy castor to act as splote on this day. Signed, nancy pelosi, speaker of the house of representatives. 7 the speaker pro tempore the a prayer will be offered by our chaplain, father conroy. Chaplain conroy let us pray. Merciful god, thank you for giving us another day. Send your spir...

More positive. Barclays misses First Quarter estimate with 2. 1 million in credit impairments investors navigate unprecedented conditions caller what they are doing at the fed in terms of her majestys and the banks. Well watch two tsunamis hit at the same time. Investment banking provides a boost. Telling cnbc credit losses are manageable despite more pain to come this year will be more difficult than any of us anticipated. We are doing anything we can in anticipation of our risks and costs to p...

Gilead sciences, as you heard from maria, positive news from a government trial of their remdesivir and also from two of their own trials. Positive news on a treatment. That sent futures straight up earlier this morning and look at the stock, also straight up, 6. 8 . Thats the effect of this effective trial of remdesivir. Up go futures, up goes gilead stock. More on this in a moment. A second reason for the dows gains, investors expect a strong recovery for the economy starting in the summer. Th...

Would even consider it. Task force, he gave us the first standpoint, is falling down on not until were in the clear. This as the president objective is to save lives. The job. Encourages antishutdown yeah. And to focus on slowing the peter, the way this response has protests. Worked in the past is that they i dont think that the government really has any business telling us what we can spread, bending the curve. Dig their heels in, theyre not and cannot do. And because of the extraordinary plus,...

Marketsal rallied hard this week. After the fed came out with a stimulus plan to back up the government. The dow and nasdaq were up more than 10 for the week while the s p saw its best week since 1974. But are these bailouts enough to get the economy back up and running, and could a rocky earnings season spook investors . Joining me now to discuss this and more from santa fe, Thornburg Investment president and ceo jason brady. Jason, good to see you. Thanks for joining us. Its a real pleasure. T...

South koreas governing party is projected to win a parliamentary election that required masks gloves and hand sanitizers. The crisis takes a toll on new yorks transit workers hundreds are getting sick. Theres global controversy over the u. S. President s decision to cut funding to the World Health Organization donald trump is accusing the body of mishandling the covert 19 pandemic but in the last hour the head of the World Health Organization says that his organization is vital for handling this...

A lockdown the countrys worst economic crisis in decades is being compounded by the us. And gather 1st welcome to the program the corona Virus Outbreak in the United States is fast approaching a 1000000 confirmed cases the death toll there has now surpassed 50000 thats around a quarter of the global corona death toll so far despite these grim milestone as pressure is growing in some states to ease restrictions the governor of georgia has rejected warnings from Infectious Disease experts and is a...

Inspect a face mask production facility. Its a clear signal hes out and about for the first time in weeks. The markets like this. The opening up, that is. Look first at the price of oil. Th 23 a barrel. Thats because production has dropped sharply, limited supply and the likelihood of a pickup in demand as more businesses open up. The president just tweeting on that literally moments ago. Here it is. Oil prices moving up nicely as demand begins again. Thats the backtowork movement evident in the...

Still hovering at just 16 a barrel in the futures market the ceo of the oil and gas Drilling Company pattersonuti energy will be here. That as another 4. 4 million of americans file for jobless claims in just one more week bringing the total to more than 26 million in the past five weeks. Its a stunning number well dig into it. Kelly, over to you tyler, thanks its been a volatile day in the market after the gilead report hit the requires about an hour ago. Lets get to bob for more. Kelly, i want...

Week yeah. This is the expiration day so what happens is you actually its tomorrow, but people are trying to prep it what happens is rusty braziel explains to me, the rollover from the may contract to june occurs tomorrow. The reason that happens is because the may futures price converges with cash and expiration so in other words, youre looking at what the real price is its not the futures price so what happens is that imagine if youre producing at 32 a barrel, 33 a barrel like occidental, that...