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But how exactly can they get that done . We speak with former ge vice chairman bob lutz in a moment. It and cnbcs coverage of the coronaVirus Outbreak begins right now. Good morning and welcome, im Courtney Reagan live in times square we begin with breaking news. Stocks set to fall at the open at futures overnight hitting their limit down levels once again. We are well off the session lows at the moment. Dow jones industrial average indicated lower to the tune of 1100 points, the nasdaq down by 213 points lets check in on the etfs that track the major averages remember, these are not subject t...

Though still awaits aprooul from the house of rep sentives. That vote expected tomorrow. Jobless claims surging above 3 million americans, far outpacing the record of 700,000 and also well above what economists were looking for around 1. 5 million unemployment claims and the virus itself remains front and center for wall street as italy reports more than 6,000 new cases, the most in five days, the worldwide total now shy of half a Million People wilfred. All of the sectors of the s p higher up 4. 7 . All higher, but one to keep an eye on is energy it has been the best performing. Its now towar...

They are warning the us economy could shrink a 14 in the Second Quarter. Thats coming as the Federal Reserve and global Central Banks across the world announce measures to offset the injured Economic Impact of coronavirus. Join me right now to talk about all of that hank smith. Hanks thanks much for weighing in today we appreciate you joining us, what are you doing in your portfolio in the face of all this . Well, first of all, we are not panicking. We constantly communicate with our clients regarding their asset allocation, we also, for a number of years have always recommend to have enough c...

Before it get better. How the governor plans to help hospitals that have reached capacity. 7 01. Im gasia mikaelian. Youre way over there. Six feet at least. Were practicing social distancing. Good morning. Im dave clark. Its a chilly wednesday morning with light rain for some people. Steve is going to tell you about the forecast and how everything is going to be. Steve . I am indeed. At last a little snow up in the sierra, just in case you have to go there. That will continue today into tomorrow. Not a lot, but maybe an additional two to four between today and tomorrow. We have some light rai...

One Infectious Disease doctor in washington with buckets of nasal flu swaps wanted to test those for covid19 it was told by the federal government no. Doctor helen hsu said screw it and started testing and found positives from patients who had no contact with the wutang clan. Hundreds of doctors, researching clinicians all across the country putting their energy toward solving this horror. But they are having to sidestep the federal government to get anything done. We are a little late but not all is lost their markets and labs to for the growing fear. I am convinced we will knock this thing o...