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christiane christy how effective is the p.p.p. program in doling out funds and those who actually need it most. well actually so it's been a complete mess banks and all the other financial institutions who are responsible for distributing these funds they were comfortably unprepared for the task that they were hit with so much demand in a few short weeks so you have large corporations being prioritized over the smaller businesses that the people who was intended to help so meanwhile small businesses provide nearly half of american jobs and what a 5 percent of national production so they were actually completely ignored small business owners actually got completely screwed as it was revealed that billions went to large corporations with almost 20 percent going to publicly traded companies who have other means of accessing capital so a lot of critics have put these companies on blast us taxpayer money to go back to these multimillion dollar companies meanwhile companies like shake shack they have announced that we were trying to loa
christiane christy how effective is the p.p.p. program in doling out funds and those who actually need it most. well actually so it's been a complete mess banks and all the other financial institutions who are responsible for distributing these funds they were comfortably unprepared for the task that they were hit with so much demand in a few short weeks so you have large corporations being prioritized over the smaller businesses that the people who was intended to help so meanwhile small...
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volatility so let's get an update on what is happening with the toast other bilbo's co-host christiane christy is joining us from los angeles kristie thank you so much now we're starting off the week pretty quiet i mean we were up you know the dow was up 400 yards or so today but this is going to be one of the busiest weeks on wall street what do we have to look forward to. well today we're actually up on the hopes that the economy will reopen soon so states including alaska georgia south carolina tennessee and texas they're all beginning to allow restaurants and other stablish rents to start to serve customers looking forward we're going to be in the midst of peak q one earnings this week with about 173 companies reporting the big ones i've got to be alphabet starbucks pfizer facebook microsoft and apple they're all slated for later on this week now last week has given us a mixed bag view with some companies weathering the storm better than others however this week will really be an indication of where the economy is that good acting right on the market indicates that traders are kind of prep
volatility so let's get an update on what is happening with the toast other bilbo's co-host christiane christy is joining us from los angeles kristie thank you so much now we're starting off the week pretty quiet i mean we were up you know the dow was up 400 yards or so today but this is going to be one of the busiest weeks on wall street what do we have to look forward to. well today we're actually up on the hopes that the economy will reopen soon so states including alaska georgia south...
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let's go ahead and bring in some expert analysis from co-host ben swann and christiane i guys thank you so much for joining us christy this contraction of economic growth is it simply because of supply chain slowdowns or are there entire industries that will collapse as a result of the economic shutdown. well run us kind of you have this slowdown stemming.
let's go ahead and bring in some expert analysis from co-host ben swann and christiane i guys thank you so much for joining us christy this contraction of economic growth is it simply because of supply chain slowdowns or are there entire industries that will collapse as a result of the economic shutdown. well run us kind of you have this slowdown stemming.
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let's go ahead and bring in some expert analysis from co-host ben swann and christiane i guys thank you so much for joining us christy this contraction of economic growth is it simply because of supply chain slowdowns or are there entire industries that will collapse as a result of the economic shutdown. well run as kind of both you have the slowdown stemming from the shutdowns and businesses which creates massive layoffs and unemployment which then snowballed into lower income decrease discretionary spending which then repeats and feedbacks into the chain in a form of slowing demand so it's a vicious cycle that's very hard to control once again the mentum the other part of that is that you have entire industries that are on the brink of collapse and they've been levered to help bring on cheap corporate debt now of course we're talking about the oil and energy sector hit one of the actions of america well we can also be talking about that big economy they gave and shared a cop basically have your assets that valuation upwards of several billions of dollars with 0 assets so that economy has a collapse and the fact is
let's go ahead and bring in some expert analysis from co-host ben swann and christiane i guys thank you so much for joining us christy this contraction of economic growth is it simply because of supply chain slowdowns or are there entire industries that will collapse as a result of the economic shutdown. well run as kind of both you have the slowdown stemming from the shutdowns and businesses which creates massive layoffs and unemployment which then snowballed into lower income decrease...
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expert analysis we bring in blue bus co-hosts ben swan and christiane thank you so much for joining us to discuss what this actually all means christilet's start with you how do you see this plan in terms of getting the economy actually going again. i mean it's interesting that you call that a plan that's kind of like saying hey brown what's your plan on getting someone to mars and you thought at 1st we're going to build some spacecraft no mention of how or where you get the funding from then yes phase 2 you launch it you try to aim for mars but anything else will do. no timeline of when that's going to be achieved or not and then you have face 3 eventually will start and that colonizing it great no mention of how or how much it will cost so as a lot of the analysts are summing it up this morning that the our version of the u.s. we open in guideline a simple there really is no plan there are no deadlines there are no guidelines or protocols to business insists on protective gear testing sanitizing checkpoints contact if any excedrin so the plan kind of offers no federal assistance and the president pretty much left it to the states
expert analysis we bring in blue bus co-hosts ben swan and christiane thank you so much for joining us to discuss what this actually all means christilet's start with you how do you see this plan in terms of getting the economy actually going again. i mean it's interesting that you call that a plan that's kind of like saying hey brown what's your plan on getting someone to mars and you thought at 1st we're going to build some spacecraft no mention of how or where you get the funding from then...
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Apr 13, 2020
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well, to it is easter sunday but christian rngs services have moved online and people shemter because of the coronavirus up pandemic. more with how it's being received. christy? >> reporter: we spoke with one man who regularly attends church and he says he is grateful the tools out are there to stay connected on easter and churches are making adjustments in very difficult times. >> easter mass p. >> reporter: at st. benedict catholic church, mass was taped on friday and added online for people to view while they social distance from home. >> i wanted folks to have the opportunity to be able to view at their leisure. >> reporter: people cannot gather nth churches because of covid-19 pandemic. father says the online presence is being challenged in uncertain times. >> why we're online, just the nature of the pandemic and all of us are asked to respond in a way we never thought. >> reporter: the music director. >> i still watched again be, just to feel like i was still in the presence of my church family. >> reporter: at another catholic offered live steam and using facebook, youtube and zoom. 500 people were on four different platforms. they expanded online. al
well, to it is easter sunday but christian rngs services have moved online and people shemter because of the coronavirus up pandemic. more with how it's being received. christy? >> reporter: we spoke with one man who regularly attends church and he says he is grateful the tools out are there to stay connected on easter and churches are making adjustments in very difficult times. >> easter mass p. >> reporter: at st. benedict catholic church, mass was taped on friday and added...
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04/20
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i would like to say, i am a god-fearing christie and number one -- god-fearing christian, number one.umber two, bernie sanders is right. this is why we need medicare-for-all so we don't bankrupt the system and kill poor people. to my brother in the white should pray, because prayer is what this world needs today. god bless the humans of america and all the world. guest: thank you. thank you, and again, understand that that question in this environment about linking health care to job-based, employment, even under the current system, congress can take action to make sure that workers who have lost their jobs and those that are uninsured have access to affordable health care. i want to stress the point about how the employer -sponsored system actually supports our hospitals and providers and supports stability for the health-care system itself. longer-term, once we get through this crisis, let's get back to those questions about what we can do to fix and make the current system stronger. getting at some of those underlying drivers of higher health care costs, and also looking to see how
i would like to say, i am a god-fearing christie and number one -- god-fearing christian, number one.umber two, bernie sanders is right. this is why we need medicare-for-all so we don't bankrupt the system and kill poor people. to my brother in the white should pray, because prayer is what this world needs today. god bless the humans of america and all the world. guest: thank you. thank you, and again, understand that that question in this environment about linking health care to job-based,...