Poverty by 1st. If youre born and for family youre born into a minority family if youre born into a family that only has a single parent that really constrains your life chances people die on average 15 years younger than if youre born into generational poverty. Its a fight every day to meet your needs and the needs of your family. This is blue box the one business show you care to fordham it to bore in washington coming up as air travel resumes cases. Provirus are surging among t. S. A. Agents this while the u. S. Faces another record in new cases take a look at the global numbers momentarily and although jobless claims have begun to fall the state of mortgages in the United States are still in question straight ahead we break down the fate of these homes and what struggles lie ahead plus that we welcome back James Beard AwardWinning Television personality Andrew Zimmern to discuss the plight of restaurants in the United States as they struggle to reopen with a packed show today so lets dive right in. And we lead the program with the struggles of trying to return to some sort of normalcy amid the copen 1000 pandemic the Airline Industry worldwide has been decimated since the beginning of travel restrictions and stay at home orders but air travel has been steadily climbing over the last month and a half despite searches in cases of the virus in fact here in the United States over the 4th of july weekend more than 2 and a half 1000000 people travel by air but heres that issue according to figures provided by the Transportation Security Administration more than 1000 t. S. A. Employees have tested positive for covert 19 this accounts for roughly 2 percent of the t. S. A. Workforce now the agency says most of them are security workers who work in screen to screen passengers at airports across the country Heidrick Thomas the president of the union that represents these officers said of the situation right now were bringing people back to work and the social distance is not in total effect employees are still complaining theres too many of them in one area meanwhile the u. S. Has a nother record for daily new cases with more than 60000 cases reported thursday and with all this in mind lets go ahead and take a global look at the spread of the virus with our correspondent science having her side where are we worldwide brand again more growth as global cases now headed over 12. 2 and 1000000 cases now global thats where almost 600000 900. In the u. S. Were now reaching over 3200000 cases and deaths in the u. S. 136000 once again the u. S. Has recorded like you said 6 single day record in 10 days with over 61000 and new cases on thursday and florida and arizona continue to be the epic centers of the pandemic now in Florida HealthOfficials Say on friday that they have reported at least 11004 133. 00 new cases and 93. 00 new deaths a day after setting and nother single day record of 120. 00 deaths now meanwhile earlier this week florida instructed that schools would be required to open full time in the fall despite all the jobs and numbers that were seeing and also other hot spots the states hot spot i should say is still in Miami Dade County where the percent Positivity Rate of cases is over 33 percent earlier this week they were at over 23 percent now reaching all the way to 33 percent so huge jump from monday and brant its important to know that the medium age thats being tested positive right now in Miami Dade County has been 39 so the age group is going down so that some sort of a good news i guess you can say meanwhile arizona still leading the nation for over a month with the highest a 7 day average of a new cases and. As only the more bad news i should say for arizona they only have 993 hospitals left the hospital beds left the lowest number of available beds the state has seen so far and brad 6 other states that youre seeing year are also setting single day case records on thursday alabama. Missouri montana oregon and texas all seeing huge increases. And tennessee also reported its highest death total for a single day 22. 00 and the numbers are also expect the striking in texas which set a record for the 4th consecutive day with more than 10900 new cases and 119 deaths brant sorrow when we go back to the global numbers what are the trends look like right now. Were looking globally cases are again once again soaring in brazil they now have over 1800000 cases now india as you can see there still also going up right here you know russia seems to be flattening a little bit with the average of cases being around the same as earlier this week iran is also showing a minor increase in the wrath of the rest of latin america were seeing hotspots remain to be mexico peru and colombia and chile all increasing around the same rate brant and speaking of what america is about whats happening in bolivia so while bolivia seemed to be escaping the break that has affected neighboring brazil peru and chile but the pandemic is now beginning to quickly spread in bolivia and they have out over 43000. 00 infections and over 1500. 00 deaths and then there was another sign that the region is at the epicenter of the global outbreak believe us president jean on a said thursday that she has tested positive for the corner virus the 2nd Line American leader this week you know it also just hasnt been latin american leaders now heres a list of all the leaders that have been infected with the corner virus anywhere from u. K. Leaders to the russian Prime Minister to israelis Health Minister to 2 very high iranian officials and also a strangely as Home Affairs Minister says you can see right here nobody is safe from this virus brant archie correspondent thank you for keeping us up to date. More than 4000000 mortgages are in forbearance and are getting extensions of those initial 3 months indicating that the pain in the market is not yet over this represents 7. 8 percent of all active mortgages here in the United States accounting for just under 900000000000. 00 in unpaid principal so lets go ahead and take a look at this and some other Economic News of the day with us cohost christine always a pleasure to see you right there what does this mean for the market well its like you said the pain in the market is not over yet and in fact this is only the beginning because the market has been propped up this entire time by stimulus massive stimulus in the form of the care package that has allowed borrowers to miss Monthly Payments for up to 3 months but now that expire and p. P. P. Is expiring and when these artificial buoys go away people are left with real expenses real bills that Current Business operations just cant afford to pay so the expirations of these plans plus the expiration of the extended Unemployment Benefits at the end of this month present significant rest of the recovery of the entire Mortgage Market and will there be additional stimulus measures passed to support the market once these expire well many ellice believe that there will be another package simply because its too early for the lifeboat has to go away once it expires in order to provide a last and a drop in the market president secretary treasury secretary has hinted that the trumpet ministration is working with the senate to pass a new bill this now supposedly will cover Unemployment Benefits a 2nd round of payments to household and an extension of Unemployment Benefits for furloughed workers and a targeted version of the p. P. P. For Small Businesses are currently an all out on the table theyre looking to try to pass this by the end of july as these Unemployment Benefits are near expirations and if there continues to be a last we can see a stall in this recovery no weekly jobless claims were lower than expected last week totaling 1314000 compared to the. Expected 1300000 expected so its very close there but so weve seen this number fall for a few consecutive weeks now can we assume that the recovery is actually underway all the continuing claims have fallen sharply much faster than our ridgeley can anticipate a much faster than anyone expected but despite these better than expected numbers this is still the 15th consecutive week that initial claims are above a 1000000 and claims under the pandemic unemployment assistant programs increased by 42000 from the previous week now bring the total of these committees claiming benefits to a record of 32900000 so theres still quite a long road ahead of us even if we say this is the beginning of their coverage of the beginning of the bounce whatever you want to call it unemployment is in fact dropping from the pandemic high of 14. 7 percent to 11 point one which is still pretty high so the job market is still very far from being subtle especially when you have Companies LikeUnited Airlines just announcing that they are putting 36000 workers on notice for potential layoffs so while we are starting to see a slew of bankruptcies and chapter 11 filing is also hit the deck those are not mom and pop shops those are in fact fortune 500 companies or companies over 15000000 in market cap filed for chapter 11 so that represents hundreds of thousands of jobs that are permanently gone so while we can say that we are in the early innings of our carry the high levels of initial jobless claims as well as the business closures are going to be very major headwinds Going Forward you know look at markets they continue to be choppy in trading on friday but we still have some upside bias here what is continue to push it up despite the complete lack of catalyst events i got about 30 seconds for you kristie it is going to be choppy trading and range bound in the interim as we go into the summer months but there is a slight bullish buys a mere right there some of factors continue to prop up the market namely the fed amazon and this hope for a vaccine so today on friday we got the report from gilliatt. Saying that the vaccine could be ready by as soon as december so this be opening trade is fading and the rotation is also slowing down and in the near kind its going to be difficult to find anything so really the only thing thats going to be leading the market right now is going to be tech names as well as the fad cohost christiane thanks for your expert analysis. Global markets are mixed this week as they could tell you to react to a resurgence of coronavirus cases worldwide lets start in russia where the mo x. Is down on the week the ruble fell on friday after some gains throughout the week due to a decrease in oil prices and concern over a renewed lockdown now something to keep an eye on is the Nation Central Bank data for balance of payments for the 2nd quarter of this year amid the height of the pandemic lets move to asian markets where the shanghai composite its in the green for the week with gains early on in the week due to chinas june inflation data chinas National Bureau of statistics showed the price index fell by 3 percent beating expectations and the composite saw a 2 percent loss on friday mostly attributed to the growing number of coronavirus cases worldwide in hong kong the hang seng finished the week up but just barely the index fell more than 2 percent midafternoon on friday alone on the news that the Asian Financial hub will suspend all schools starting monday after a spike in co but 19 cases in japan the nikkei was down for the week following similar trends on friday it lost one percent taking a sharp downturn over. Concerns the sensex in india that is up on the week extending its 4 week gains despite some losses on friday indias richest banker and head of ko Tech Mahindra bank he says it is the surplus of money and stimulus coming from Central Banks and the markets habit of discounting the immediate future which is pushing the sensex higher moving to australia the a. S. X. Is down. This week and it fell really on sentiment it fell on friday largely largely due to Energy Stocks which fell nearly 2 percent and the all share in south africa thats up for the week after seeing some large gains midweek the index dipped on friday after the country reported their biggest one day spike in new coronavirus cases so lets go ahead and take a walk to the other side of the studio and look at europe and the americas which is really on trend with the rest of the world when it comes to the mixture of green and red arrows that we are seeing in london the footsie is slightly down for the week but did see some gains on friday on the back of pharmaceutical and utility shares and the easing of lock down restrictions on indoor pools and gyms but still not enough to erase this weeks loss now the french cac and german dax theyre also in the red following similar sentiment french industrial output however did surpass expectations as they climbed 90. 6 percent in may and lets go ahead and cross over the atlantic to brazil where that it is also up on the week as many parts of the country have reopened despite a growing number of coronavirus cases the countrys inflation measured by i. P. C. A. Consumer price index rose 0. 26 percent in june lets move north to the b. M. V. In mexico its down for the week as Mexico Central Bank so the economic recovery is uncertain despite the countrys reopening and several important sectors like manufacturing coronavirus concerns are still lingering in mexico in the u. S. The dow just about flat the s. And p. Squeaked out a green arrow at the end of the day on friday even with fears of a virus resurgence while the tech heavy nasdaq is up hitting record highs on thursday and amazon rose to an all time high spiking 3. 3 percent on thursday alone alphabet googles Parent Company microsoft and apple all contributed to those gains as well finally in the great white north of toronto the key has sex is down for the week the Energy Sector law. 2 percent as crude oil dipped to their lowest closing on thursday for next week were going to have to keep an eye out for a 2nd Quarter Results and a growing number of coronavirus cases worldwide and that is a Global Market walk. Time now for a quick break but hang here because when we return the restaurant sector has been pummeled in the wake of the kobe 19 pandemic and now the industry is looking for government help to stay afloat straight ahead we bring in a true expert of the sector to break it all down as we go to break here the numbers of the quote. So what weve got to do is identify the threats that we have its crazy one from day shouldnt let it be an arms race. Theory Dramatic Development only really im going to resist i dont see how that strategy will be successful very critical time to sit down and talk. Young people for a while you know its up to make it in their own image and the money and chancy im a boomer you know the. 40 or 50 Year Experience at United States post world war 2. Landing you know stock markets never had to work they my life because of that and you know so its up to them to decide whats great make it great and good luck with. Time after time corporations were. Pete the same mantra sustainability. Is accelerate the transition to sustainable transport sustainability. More equitable and sustainable well. They claim their production is completely high. Because. Companies want us to feel good about products while the damage is being done far away this is Something Else this is going to anyones i mean. This is us and we didnt even and einstein seemed to be based on that disconnect with who is going in. And welcome back pharmacy chain walgreens announced a deal wednesday that will put Doctors Offices inside their locations in more than 30 u. S. Cities now walgreens is partnering with village m. D. Which will steffen operate the clinics to support up to 700. 00 locations last year the 2 companies teamed up to open 5 primary care clinics next to Walgreens Stores in the Houston Texas metro area of the pharmacy chain will invest 1000000000. 00 in equity in convertible debt in village mt over the next 3 years as part of the agreement walgreens will gain roughly 30 percent ownership in villages now we want to have a discussion about this and to do so were joined by host of the news with rick sanchez his name is rick sanchez and full disclosure here rick is also the founder of a managed Health Care Company in south florida which is the Fastest Growing in the United States according to a magazine yeah its always good to congratulate you on that one i know thats going to be up just a little bit about that my kids will eat. Rick i think the most important question is how important is this what do you make of this move to have over 7. But almost 700. 00 locations of walgreens have actual p. C. P. s inside of them i think its a trend i think its the future of how we will be seen by doctors i think its the future of health care in the United States and let me tell you why its probably a good thin