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Damage the coronavirus crisis, he says, raises those longterm concerns that he was talking about. The u. S. Response to that point he says has been swift and forceful the fed has acted with unprecedented speed and force. He cites a survey that shows in the month of march, 40 of households making less than 40,000 has lost a job carl lets get to the webcast. Here is the fed chair. Its very hard to imagine we could have anyone better than jay powell thank you for coming back to the Peterson Institute, chairman powell thanks very much, adam. Its great to be back. I have some brief remarks and then...

Coronavirus. Good morning, everyone. This is bloomberg surveillance. I am Francine Lacqua here in london. This is a picture of the markets. We are seeing a bit of a bid for the commodities markets. There is definitely a little bit of an upside when it comes to the price of oil. That is the one big one we are watching out for. We are also looking at the oil, first of all, at 31. 14. Europeanot gold up 1 , stocks gaining almost 2 . We will have more at your Market Action throughout the day. Lets get to bloomberg first word news in new york city with ritika gupta. Ritika the u. K. Warning of a lo...

Host good afternoon and good evening. Welcome, happy tuesday. Thank you all for spending your tuesday with us. Im executive director. Institute here has been here over three years now. Ross has been reported member of the Institute Since our founding, he has been immediate fellow and estep coordinate some of our events. Some are more contentious them into mayay have seen ross was involved in. [laughter]. We are super pleased that ross is joining us today on a date the day of the release of his latest book. All of you know him as one of the most important commentators on American Culture today....

Good time come on, come on everyone together summer feels fit forever come on, come on everyone together its a late show with stephen colbert. Tonight sicko de mayo. Plus, stephen welcomes stephen king and musical guest sheryl crow featuring jon batiste and stay homin. And now, live on tape from a safe distance, its stephen colbert. Stephen oh, hi and welcome to a late show. Im your host, stephen colbert. Happy Cinco De Mayo to all of our mexican, mexicanamerican, and mexicurious viewers. I just want to say, have a wonderful day, in spanish. Cinco de mayo is really handy this year, because its...

Actor lost his leg to the disease. His wife tells us why she believes he will pull through. Saluting captain tom. The skyhigh tribute to a hero of this pandemic as the world war ii veteran celebrates his 100th birthday. Thats a lot of candles. First, heres todays eye opener, your world in 90 seconds. This is going away. Were going to come up with vaccines but this is going away. And when its gone, were going to be doing a lot of things. A new drug is showing positive results for fighting covid19. The data shows that remdesivir has a clearcut significant, positive effect. Diminishing the time t...