Page 50 - Services Sector News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The bloomberg terminal. A grim milestone. One Million People have now tested positive for the coronavirus with more than 50,000 deaths worldwide. The Asian Development bank estimates the cost of the pandemic at 4. 1 trillion. We will get through this, you was Vice President mike pence tells bloomberg that the economy will rebound from mounting unemployment as the government ramps up virus testing. We are testing over 100,000 americans a day. We literally are tracking every single day the number of cases that are coming out, where they are coming out. Pullback, oil markets reassess President Tr...

A far better measure is the ten Million People who filed for jobless benefits in the last two weeks. Fed governor lockhart just told maria the jobless rate is already more like 10 . Clearly, we are in an employment crisis, and another report that comes up at 10 00 eastern will likely show the Services Sector in collapse. Thats a strong word to use but its accurate. Later this hour, we are going to talk to larry kudlow, the president s chief economic adviser. I will ask him how bad is it and he will spell it out. Look, with nearly 300 million americans under a stayathome order, the economy is s...

Boris johnsons condition has worsened although he is said to be in good spirits. The virus pushes australia closer to its first recession in almost three decades. There is no expectation that the rba will make any changes when it needs meets later. Shery lets turn to President Trump at the white house. He is giving a press briefing on the coronaVirus Outbreak. Take a listen. Pres. Trump 15 are in plans for critical trials in clinical trials. A Second Company enough the fda has authorized its vaccine candidate to begin clinical trials. Johnson johnson is already there. I believe they were the o...

30 in the u. S. In the second quarter. It is looking to be pretty dire right now. The nikkei seems to be the outlier given that they were closed on friday. Haslinda taking a look at where we are right now. We talk about how we are down 3 , the selloff making chinese stocks pretty cheap. At least 20 low the 10 year average. Sti down about 70 . Singapore allies, that stock is slumping after canceling 90 of capacity. Year to date, down about 33 . Crude currently down about 1 on in termsof a 23 slide of crude prices just last week. 1500, way off from what we were expecting late last year, inching ...

Warns america to prepare for a painful time as new york surpasses chinas Hubei Province in reported cases, the deadliest day so far. Japan proposes its biggest ever stimulus package as the virus threatens a deep recession. The Business Survey this hour will gauge some of the damage. Haiti. Haidi haidi. Haidi lets take a look at how we are setting up in australia. Trickling online in the staggered open, seeing early signs of positivity when it comes to this market after ending the session lower yesterday. We are seeing upside of about. 7 at the moment as we are awaiting the rba march 18 Meeting...