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Seeing this as a sign that they do see sort of a light on the horizon here. With all the states beginning reopening, expanding the reopening, it will continue to be good for the economy, even in a staggered fashion. There is that. Were following markets across the board. Even issues with disappointing numbers and earnings, most seem to have factored that in. So well get detail by detail, casebycase, sector by sector. This is a remarkable comeback here. A lot of this buoyed by this news out of Gilead Sciences that its drug just might be the panacea some hoped it would be for treatment of the co...

Coverage. Blake burman with the latest from the white house, Lauren Simonetti is watching the markets and Edward Lawrence is in washington. Lets kick it off with edward. Reporter exactly. Chairman Jerome Powell, Federal Reserve keeping Interest Rates where they are foreseeable future. Federal reserve chairman Jerome Powell said the coronavirus had Significant Impact on Economic Activity, employment and inflation, further lowering expectations. The Federal Reserve chairman believes well see doubledigit unemployment when the next Unemployment Rate comes out. He backed off saying there would be a...

Significantly in this statement here, in unanimous decision, the fed will maintain the target rate of near zero, between zero and quarter of a point until the fed is certain, it says that the economy has weathered this storm. Now the fed also approved establishment after primary credit rate of. 25 . The basic credit rate it lends to banks going back and forth no mention other Credit Facilities being related or created for this. Of the almost 5 trillion in stimulus. The Federal Reserve has yet to go forward. I talked with treasury secretary Steve Mnuchin and he said [inaudible] cheryl weve just...

Governor and somebody we worked with there he well, incredibly well, the great state of louisiana, i wanted to introduce dr. Blithe adamson. With us for a few months to help us with the ventilator situation. We took over a government where everything was missing. It was all missing in action. She and a group of super geniuses straightened it out to a point where we are helping other countries with ventilators, france, italy, spain, nigeria, spoke to the president of nejra. Many countries are calling us for help with ventilators. It is highly sophisticated. We are doing highquality ventilators....

Germanys fight against the coronavirus but chancellor merkel warns the country to remain vigilant and says its still too early to consider easing restrictions on public life. And bodies left in the streets in ecuador as coronavirus cases overwhelm of foreign teams hospital struggle to cope with a surge in cases on the worst may be yet to come. Im told me a lot it will welcome to the program e. U. Finance ministers have reached a deal 1850500 1000000000 euro plan to soften the economic fallout from the coronavirus pandemic the measures are aimed at helping states hit by corporate 19 as well as ...