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Breaking news. U. S. Stock market futures are limit down even as the Federal Reserve slashed rates to stave off recession in the face of a global coronavirus threat. Life in america changing rapidly as governments at every level take drastic and unprecedented steps to try to slow the spread of the pandemic. Major retailers including nike and apple, shutting their doors for weeks. Well talk about the fallout for the u. S. Economy it is monday, march 16, 2020 squawk box begins right now. Good morning im becky quick at cnbc headquarters joe kernen and Andrew Ross Sorkin u. S. Equity futures hitti...

A. M. Eastern. The directors of the cdc and the National Institute of allergy and Infectious Diseases along with other public thecials testified before oversight and reform committee. Is two hours. The committee will come to order. I thank all of our witnesses for returning this morning. We appreciate the recognition of our interest. This is a crisis that is evolving quickly since our hearing yesterday. The World Health Organization declared a coronavirus outbreak a global pandemic. Cdc has reported we have almost 1000 confirmed cases. That is up from 100 reported cases a week ago. A 900 incre...

Thank you all for joining us today last night the house release details of an aid package not only help the American People cope with the economic fallout but also help the advice of professionals it is a good bill the prince families and communities and workers first the package includes two pivotal policy ideas to help families meet this challenge of paid family leave and paid sick days. Now the senate must do its job to pay sick leave must be included in a package forwarded by the senate we have to pass these policies now because people are facing impossible chant on choices right now in ne...

Begin with the latest on the corona virus as the World Health Organization says that the virus does have a higher death rate than the flu but is more difficult to transmit. While many people globally build immunity to seasonal flu strains ninetys a new virus to which no one. And that means more people out of susceptible to infection and. C. V. S. Diseases globally about 3. 4 percent of reported 19 cases have died. By computers and seasonal flu. That any queues trying to fewer than one percent of those infected. The so the mortality rate for covert 19 the disease caused by the corona virus is 3...

Mrs. Maloney the committee will come to order. I thank our witnesses for returning this morning. We appreciate the recognition of our interest and oversight responsibilities. Yesterday, the World Health Organization declared the coronavirus outbreak a global pandemic. C. D. C. Has reported that we have 1,000 confirmed cases. That is up from 100 reported cases a week ago, a 900 increase. Americans are worried. They are scared. It is essential that we are able to hear directly from the Health Officials leading this effort. Im going to go to the republican side first, which is where we left off. ...