emerson. consider it solved.

tori emerson barnes, as an advocate of travel, how do you deal with that?ori: we have learned a lot from this experience. we have had other diseases like that haver things happened over the last several, actually over the time we have all been here and for centuries, and you look at the average flu, we've got vaccine for the fluent butle still get the flu, people feel comfortable still traveling during flu season. we willy with covid-19, get to a place where we have medication that can minimize the we willthe symptoms, have a vaccine that will guard against it and we will be in a more comfortable place to move about. as it relates to other diseases we don't know about, that is best left to medical expert. but from a travel perspective, withwe get more comfort protocols and things we need in place for traveling now as a isult of covid-19, that it important that we think about what is best for each of us individually. and i don't know i am in the best place to say what to do about potential diseases in the future. steve: how many members do you have with the

emerson.it solved. >>> welcome back bank earnings kicking off tomorrow with jpmorgan report g ing quarterly reports before the bell mike, hope you're healthy and well and safe. >> thank you same the you >> how should we view the banks in what could be described as the most ir relevant earning season ever? >> well put, scott it's earnings hell but for what comes after this quarter the three largest banks, citigroup, jpmorgan. you look for them to set aside 20 billion of extra reserves for problem loans. tomorrow, all eyes will be on jamie dimond i think we're about to get an extra dose of hard realism his annual report last week called for a major recession we need more details on what he means, what he's saying and what they are doing about it. these are sobering times as we look ahead let's keep things in perspective. banks are in a position of strength really to be part of the solution on friday the fed chair said that banks dividends are safe. that's in contrast to europe >> do you believe

emerson. consider it solved.e thing about managing for your business.s when you've got public clouds, and private clouds, and hybrid clouds- things can get a bit cloudy for you. but now, there's the dell technologies cloud, powered by vmware. a single hub for a consistent operating experience across all your clouds. that should clear things up. >>> welcome back the power lunch for a monday let's get to the latest on the coronavirus. >> good afternoon to you and to every one watching in a joint telephone conference call the governors of new york, pennsylvania, new jersey and delaware say they will work together on reopening their economies when it's safe to do this after the president retweeted a followers using the hashtag fire fauci it's unclear if every one who recovers is immune to a second infection. data shows only some patient vs strong antibody responses it's still not known if nay convey immunity to the virus. the head of the world health organization is urging nations to move slowly and listen to health

emerson. consider it solved. at&t knows you have a lot of things on your mind. staying connected shouldn't be one of them. that's why we're offering contactless delivery and set-up on all devices. and for those experiencing financial hardship due to this crisis, we'll work with you to keep your service up and running. hi! because at at&t, we're always committed to keeping you connected. >>> welcome back let's get to the latest on the coronavirus. >> good afternoon. new jersey governor reporting another decrease in deaths the state's total death toll has gone above 3800. deaths at long term health care facilities continue to rise. new york and new jersey reporting between 20 and 40% have happened at all such facilities 42 nursing homes with ten deaths and one with 55 fatalities >>> more than half of the sites have crashed in the past month that's according to the information technology and information foundation florida says it has a backlog of 850,000 applications it's only managed to proses a

emerson. consider it solved. won't be a new thing.n't be their first experience with social distancing. overcoming challenges is what defines the military community. usaa has been standing with them, for nearly a hundred years. and we'll be here to serve for a hundred more. our retirement plan with voya gives us confidence. they help us with achievable steps along the way... ...so we can spend a bit today, knowing we're prepared for tomorrow. wow dad, do you think you overdid it maybe? i don't think so... what do you think, peanut? nope! honey, do you think we overdid it? overdid what? see? we don't think so, son. technically, grandparents can't overdo it. it's impossible. well planned, well invested, well protected. voya. be confident to and through retirement. >>> welcome back the mortgage market is at risk as hundreds of thousands of borrowers apply for the homeowner bail out amid the coronavirus outbreak the former head of the housing administration will join us in a moment let's get to dirana for the details of what's happening.

emerson. consider it solved. when yowhat do you see?itical issues facing our world, we see a billion more people breathing free. we see access to fresh food being the global norm, not the exception. we see homes staying cooler, without the planet getting warmer. at emerson, when issues become inspiration, focusing core strengths to create a better world isn't just a result, it's a responsibility. emerson. consider it solved. and... l(music fades in). hey! -hi! ♪ ♪ ♪ ♪ >>> a reminder our breaking news coverage continues tonight. cnbc special report, markets in turmoil, 7:00 eastern. please join me then. i look forward to seeing all of you. >>> all right, the three major airline stocks have lost more than half their value this year, but jon najarian says he seems some unusual options activity in delta. of what kind, john >> well, scott, you know, the oracle dumped a little of his delta at i think 24 to 26. >> he dumped a lot there was like millions of shares, i think, right >> yep, but still owns just under 9% of the outstanding shares >>

we want nfl back emerson, here is the deal. emerson is going to have a not as great quarter as i would like they have a lot of oil and gas and a lot of china i don't want you to sell emer n emerson, a great american company. angelo in connecticut. angelo >> jim, big boo-yah from stanford thanks for taking my call. one more boo-yah for my father, he's watching too. >> i like him. i like him father/son that's great. >> diamondback energy. >> diamondback energy, along with eog, partial energy we had on theother day, they're all run well enough to be able to survive this basically nuclear war against oil and gas. but that said, i hate those stocks there you go how about gilbert in florida gilbert? gill speak to me. gill may not be there. do we abort? abort, abort, abort. to samantha in florida samantha >> hey, cramer this is a two-part question in regard to airline stocks >> all right >> the first part being what do you think about airline stocks with the possibility of a pivot to cargo usage needed, and the second part being speci

um, well, i'm emerson. i'm your guys' supervisor for the day, and sal as well. so, we're gonna go over the safety meeting. we're gonna brush up on it pretty quick, you know, so, just to remember, when we're on the roof, remember, if you guys drop something, always s call "headache." men: headache. rivivera: you know, headadache,, you know,w, i just want to make things-- man: yeah, i was incarcerated just like emerson n and, um..... this program helped me out to stay y out of trouble,e, because it's hardrd for us totod a job in any industry out there. hom: the model at grid is unique because e every project where we're installlling solar r is wt we call a classrsroom on the ro. people come out with us because we know they know that we're the only organization that provides free trtraining to get jobsbs inin the solarar industry.y. eduardo uriarte: i'm really excited to see ththe--the proces getting goioing. seeing all the equipment arrive, all the workers here. it's--it's really exciting to see the--the process really moving along. oscuna: i'm believing it more b

emerson. consider it solved. >>> welcome back the number of americans losing their jobs is skyrocketing as more and more companies are laying off employees in a new way amid the coronavirus outbreak we have more on that for us. >> this is a conversation that perhaps we never expected to have but in this age of social distancing, a lot of companies or some companies, big and small are turning to video conferences software programs like zoom to virtually layoff some of their workers. class past confirm they had the layoff some of their workers via zoom sephora did layoff about 3700 seasonal and part-time workers for sephora part they say they have employees all over the country. though it was a tough decision, they felt like conducting these layoffs in this method was the best way to do it. some have called it callous. we speak to one worker from sephora. she tells us there were more than 100 people on that same call take a listen. >> it's just the fact that it happened and it came so suddenly a

emerson. consider it solved. - [female vo] restaurants are facing a crisis. and they're counting on your takeout and delivery orders to make it through. grubhub. together we can help save the restaurants we love. we're committed to making college more affordable., that's why we're keeping our tuition the same through the year 2021. - [woman] i knew snhu was the place for me when i saw how affordable it was. - [narrator] find your degree at snhu.edu. >>> welcome back breaking news coverage of the fwl global pandemic continues. a big rally on the street with the dow up more than 1,000 points more than 1200 points right now. we're just about on session highs. there are nearly 340,000 cases here in the u.s. about a third of those are in state of new york where the infection and fatality rate is showing some signs of slowing down oil is in the red today after last

emerson. consider it solved. shbecause xfinity mobilehen ygives you more flexible data.. you can choose to share data between lines, mix with unlimited, or switch it up at any time. all on the most reliable wireless network. which means you can save money without compromising on coverage. get more flexible data, the most reliable network, and more savings. plus, get $200 off when you buy an eligible phone. that's simple, easy, awesome. go to xfinitymobile.com today. ♪ >> all right welcome back to cnbc's "fast money. we showed you bed, bath & beyond before the break and the stock up after hours and the majority of the fiscal quarter ended before the full shutdown and the majority of their stores are closed so i'm not sure what date at machines are looking at there, but there's bed bath & beyond and let's talk target, they were going to make sure that we can shop the stock bmo upgrading that stock to an outperform at bmo capital markets and karen, i imagine that you've got to love that upgrade, and there are analysts out that are saying things will get better >> yeah. i agr

emerson.der it solved. >>> welcome back the mixed picture for stocks here in the u.s. european markets are set to close in just a moment as well seema moody has the breakdown overseas seema? >> morgan, european markets turning mostly higher here into the close emboldened by the slowdown in new covid-19 cases germany getting attention, cautioning losing restrictions including reopening some shops this week as long as they implement social distancing and wearing masks. schools will reopen may 3rd only for older groups that have exams this year. restaurants and large events ruled out until the end of august jpmorgan notes it's challenging to assess the impact on the economy. key question, while also kickstarting supply chains specifically in the automotive industry which we know is so important to germany's growth picture. china's it first quarter gdp out tomorrow morning and that will provide a reality check for companies that rely on chinese demand analysts expecting a year on year decline in c

emerson. consider it solved. won't be a new thing. and it won't be their first experience with social distancing. overcoming challenges is what defines the military community. usaa has been standing with them, for nearly a hundred years. and we'll be here to serve for a hundred more. (laughter) play pop music! no way, dude! play rock music! no matter what music you like stream it now on pandora with xfinity. and don't forget to catch trolls world tour at home on demand friday. >>> welcome back, everyone let's get a check on the markets right now. stocks are still at session highs right now. the dow is up nearly 700 points and we can see that oil is surging as it looks like opec will reach a deal to cut production they're expected to host a virtual deal tomorrow. also, the fed releasing minutes from the march meeting, sounding the alarm over the impact of the cyrus and the markets and the economy as they expand their market intervention. and we're also just now getting reports from afp out of france that president macron will extend th

emerson. consider it solved. - [female vo] restaurants are facing a crisis.re counting on your takeout and delivery orders to make it through. grubhub. together we can help save the restaurants we love. there are times when our need to connect really matters. to keep customers and employees in the know. to keep business moving. comcast business is prepared for times like these. powered by the nation's largest gig-speed network. to help give you the speed, reliability, and security you need. tools to manage your business from any device, anywhere. and a team of experts - here for you 24/7. we've always believed in the power of working together. that's why, when every connection counts... you can count on us. >> all right tim and guy, they love the sport of baseball and there is some potential hope out there guy and tim, i'm sure you saw the story. major league baseball is considering coming back in may, but all of the games would be played in arizona with literally -- all of the games, all the teams in arizona with no fans guy adami, would you rather see that

emerson. consider it solved. won't be a new thing.nd it won't be their first experience with social distancing. overcoming challenges is what defines the military community. usaa has been standing with them, for nearly a hundred years. and we'll be here to serve for a hundred more. >>> welcome back let's get to some of the big calls of the day morgan stanley upgrading bristol-myers to overweight while cutting its price target they're saying that pre-covid-19 they believed the valuation was too high, but now the pullback represents an opportunity, they say. bristol-myers has relatively good earnings visibility during this pandemic, and they see positive pipeline readouts bmy shares are fractionally higher up next, dr horton upgrade to the a buy at goldman with a $45 price target they believe the home building industry is positioned to weather a downturn with low supply and healthier capital they say dr horton can outperform in a weaker environment because of htheir leverage down a percent and a half to 32 today. finally, guggenheim upd

jobs $1 million through emerson they put into this effort. there is a group called gcir that is a philanthropy group. they are the ones organizing that $50 million raise. and that $50 million goal. and for me that is in live inning and ennobling. it's just recognition from some of the world's great philanthropists that reside here that they recognize all of this is in this together. and even if is gaps, we can help to fill them. i'm not here to suggest that $125 million is enough. but i'm here to suggest that it is a good start and i'm glad it's starting here in the state of california. by the way, all of our efforts are not limited to just direct financial relief. i made clear last week that we are allowing what we call presumptive eligibility to exist through our medical system. not just in the emergency room or hospitals, but get tested in community clinics and get thoseclinics reimbursed. remember in the united states of america, we have universal health care. it's in the emergency rooms. and you as a taxpayer pay expotentially more on th

steve: we are talking with tori emerson barnes of the u.s. travel association. paul is on the line from greeley, colorado. caller: my wife and i are ineduled to go to germany in august, weback were going to see a passion play which was canceled, and operas which have been canceled tori emerson barnes but the -- have been canceled. but the problem is with the airline, icelandic. they are saying we can change dates of the flight but can't cancel the flight without losing ou europe regarding what they are saying regarding flights to europe now. what do you see has potential to resolve some of that problem? host: did you have travel insurance? caller: i did not. i looked into that but decided not to. host: thank you for the question. unfortunately, right now there is still a lot to be decided that might change your ability to cancel depending whatat rules are -- recommendations are extended, maybe they won't be from the cdc. i cannot speak on behalf of icelandic, they are not a member of ours. i do think, from a government perspective of, there is not a lot they can

emerson. consider it solved. could another come aroundot, the corner. or could it play out differently? i wanted to help protect myself. my doctor recommended eliquis. eliquis is proven to treat and help prevent another dvt or pe blood clot. almost 98% of patients on eliquis didn't experience another. and eliquis has significantly less major bleeding than the standard treatment. eliquis is fda-approved and has both. don't stop eliquis unless your doctor tells you to. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an artificial heart valve or abnormal bleeding. if you had a spinal injection while on eliquis call your doctor right away if you have tingling numbness or muscle weakness. while taking eliquis, you may bruise more easily. and it may take longer than usual for bleeding to stop. seek immediate medical care for sudden signs of bleeding like unusual bruising. eliquis may increase your bleeding risk if you take certain medicines. tell your doctor about all planed medical or dental procedures. what's aroun

emerson. consider it solved.orking together well allsince we've gone mobileeen with the now platform? there's no friction at all. it's neat to see the office running so smoothly. servicenow. the smarter way to workflow. >>> breaking news coverage continues tonight on cnbc with a special report "markets in turmoil. that's tonight 7:00 p.m. eastern time here on cnbc. >>> well, the traders are answering your questions first up we have weiss for weiss. in light of the turmoil in the markets, what is a retail investor to do stocks, bonds, cash or gold? thanks, be safe. steve? >> well, look. it always pays i guess to have a diversified portfolio. depends on your age, also. i'm much more heavily weighted to equities. i don't see the upside in bonds. i think there will be a money losing proposition getting out of this given where rates are. if you're a retail investors, ride the wave. it is going to up, down. too late to sell right now it's too late to buy just be patient and follow a plan that you set. >> all right next

emerson. consider it solved. but in my mind i'm still 35.hat's why i take osteo bi-flex, to keep me moving the way i was made to. it nourishes and strengthens my joints for the long term. osteo bi-flex. because i'm made to move. aand we're here for you -ry day fespecially now,rs. doing everything possible to keep you connected. through the resilience of our network and people... we can keep learning, keep sharing, keep watching, and most of all, keep together. it's the job we've always done... it is the job we will always do. >>> governor gavin newsom says every california should know the state will support him he's announced a $75 million program to get a cash grant of $500 to roughly 150,000 undocumented adults since they are not eligible for unemployment insurance and other relief measures. new sh says the program is the first of its kind in the nation. >>> more than 100 members from "mercy" has been quarantined on land the ship has seen only 20 patients through yesterday >>> and today because of the pandemic, most americans have an extra

emerson.onsider it solved. >>> stocks extending that rally, the incredible historic rally from monday into a second day as mnuchin and kudlow continue to tell reporters they're looking at ways to open up at least part of the economy in the coming weeks. we'll talk about that and many other things with intel's chief bob swan coming up at 11:00 a.m. eastern time back in a minute >>> let's get to jim and "stop trading. >> having an extraordinarily thoughtful piece by goldman about investor feedback to their boeing upgrade basically saying listen, people are waytoo negative about boeing, what could happen, but they list all the negatives and i find this is the kind of thing if more research firms were doing this like goldman did, you would be able to say you know what? i now have a reason to buy boeing and now i also recognize what could go wrong. it made me feel more confident for those who are buying if you're still confident, you know what? you must be a believer a lot of things are going to go

emerson.nsider it solved. >>> health care professionals. >> next hour, we have learned a specific policy they are going to be discussing conversations will center on a pa partnership. too many vent larts would be able to lend those ventilators to hospitals in need if that lending hospital happens to come upon a need for new v t ventilators, at that point hhs and fema would arrange for the hospital to receive the strategic stockpile. we'll see what shape this conversation takes, how receptive hospitals are to this policy it would be for many of those hospitals who are in dire need of those ventilators and haven't been able to get them. kelly and tyler. >> thanks very much. let's go right to robert frank on weworks big new york city rent problem hi, robert >> wework did skip rent payments in april to many of its manhattan landlords putting pressure on the largest real estate market. brokers telling me wework is trying to renegotiate leases or even get a rent freeze it's the largest ten nanant wi

emerson. consider it solved. there are times when our need to connect really matters.tomers and employees in the know. to keep business moving. comcast business is prepared for times like these. powered by the nation's largest gig-speed network. to help give you the speed, reliability, and security you need. tools to manage your business from any device, anywhere. and a team of experts - here for you 24/7. we've always believed in the power of working together. that's why, when every connection counts... you can count on us. >>> one of the biggest economic stories out there has been the airlines, travel has been you irly decimated all while they await federal aid. some of the statistics i saw, there's basically like 99% of people who used to travel aren't. >> yeah, well, and we have a new one, just got one a few minutes ago. we'll share that with you at the end, that's called a tease, brian. the payroll grants that the airlines were lobbying congress for, that was approved by congress, the airlines thought, we're going to get $25 billion that doesn't need to be repaid

emerson. consider it solved. >>> a big show continues this morning.he world bank president in a little bit along with the imf managing correct georgieva as headlines are flying from the imf regarding debt forgiveness around the world. the two-year yldie at a fresh three-year low back in a moment shouldn't you pay less when you use less data? now you can. because xfinity mobile gives you more flexible data. you can choose to share data between lines, mix with unlimited, or switch it up at any time. all on the most reliable wireless network. which means you can save money without compromising on coverage. get more flexible data, the most reliable network, and more savings. plus, get $200 off when you buy an eligible phone. that's simple, easy, awesome. go to xfinitymobile.com today. >>> with us on the world bank group's response to the covid-19 pandemic, president of the world bank, president malpass, g goodo see you. usually we'd be sitting in the middle of the imf where bankers get together to hash out the world's problems where is the coordination ri

emerson. consider it solved. but inside every etf... there are untold hours of careful construction... infinite "what ifs?" and contingency plans. creating funds that help target gaps in client portfolios. tap untapped potential. and strengthen confidence in you. flexshares. powered by over a century of investment expertise before investing consider the fund's investment objectives, risks, charges and expenses. go to flexshares.com for a prospectus containing this information. read it carefully. >>> welcome back over to mike for a look at investor sentiment >> this is the weekly poll from the american association of individual investors it had a little moderation, a little uptick many bullishness, a little decline in pessimism. there's still more bears than bulls. this is about 45% bulls to 36% bulls, i do think some of the notable things is yes. you saw a fair bit of pessimism. pretty much the top of o the range for the last several years, back in 2008, 2009, more bearish, but you didn't see

emerson. consider it solved. >>> welcome back, every one to our breaking coverage. welcome, everybody the dow up more than 500 points as the fed unleashes yet another wave of shock and awe on the economy. more than two trillion more in programs today to support business and the bond market amid the covid-19 out break. fed chair powell saying the economy and the recovery can be robust this after another 6.6 million americans file for jobless claims that brings the total over the past three weeks to nearly 17 million. take a look at oil it was surging earlier today but pairing those gains now, it's now negative on conflicting reports on whether or not opec has reached a deal >> thanks. we have all the big stories covered today. crude being one of them. it's down 5% we'll have more in a moment. bob on the markets and kayla tracking the moves in congress, which didn't happen today. bob, we kick it off with you >> we are just off the highs the banks are lagging. banks, retailers, just off the highs for the dow jones industrial average bank, retailers and real estate doin

emerson. consider it solved. i am totally blind. and non-24 can throw my days and nights out of sync, keeping me from the things i love to do. talk to your doctor, and call 844-214-2424. won't be a new thing. and it won't be their first experience with social distancing. overcoming challenges is what defines the military community. usaa has been standing with them, for nearly a hundred years. and we'll be here to serve for a hundred more. >>> welcome back to "the exchange." crude is rebounding today but off the session highs. this follows the single biggest rally ever yesterday and it's up about 26% this week. breaking news in the past hour -- russian president vladimir putin says a reduction of 10 million barrels a day in reduction is possible. energy executives are at the white house. eamon javers has more for us. >> reporter: that's right. that putin headline crossed within the past 45 minutes or so not clear global production or russia is committing to contribute to. larry kudlow, the national economic council director out talki

emerson. consider it solved.wk alley continues in a moment derek, seems like your team is operating just fine remotely. yeah, everything is running smoothly with the now platform. (bling) see, incident resolved. how did you... gotta enjoy the small wins. you keep being you, derek. keep being you. >>> welcome back the coronavirus pandemic is causing an economic and humanitarian crisis that's being felt on many different levels across family, communities and workplaces we're going to do something different to talk about faith and how it plays into our society's response she and her team have been caring for patients, doctors and staff on the front lines at the hospital re reverend, thanks for being with us >> thank you this is john >> this iss ojohn ford? >> it is my father is a retired chaplain so i appreciate the work you and kwo your staff do. faith and medicine is set up as if they are in conflict with each other especially in crisis like this, that's not the case, is it >> it's not. more and more we have been

emerson. consider it solved. there are times when our need to connect really matters.rs and employees in the know. to keep business moving. comcast business is prepared for times like these. powered by the nation's largest gig-speed network. to help give you the speed, reliability, and security you need. tools to manage your business from any device, anywhere. and a team of experts - here for you 24/7. we've always believed in the power of working together. that's why, when every connection counts... you can count on us. >>> welcome back let's get the latest headlines on the coronavirus >> let's start in new york state where coronavirus admissions fell again today the governor cautions they are still at a high level. he says the federal goth must help fund efforts by the states to reopen their economies. >> it's up to the governors, up to the governors, up to the governors. okay is there any funding so i can do these things that you want us to do no that's passing the buck without passing the bucks. >> and minutes ago president trump tweeted that cuomo should spend mor

emerson. consider it solved. - [narrator] at southern new hampshire university we're committed to making college more accessible by making it more affordable. that's why we're keeping our tuition the same for all online and campus programs through the year 2021. - [woman] i knew snhu was the place for me when i saw how affordable it was. i ran to my husband with my computer and i said, "look we can do this!" - [narrator] take advantage of some of the lowest online tuition rates in the nation. find your degree at snhu.edu. >>> welcome back consumer demand for milk is up in the pandemic but getting mill tock the right store shelves is a huge challenge for farmers jane wells is live at a dairy farm in california for us. jane >> reporter: hi. kelly, to cows it's covid shmovid. demand is in the grocery stores, especially for liquid milk and can't turn an operation around like this on a dime. it goes for butter and cheese and to switch it over to liquid milk it takes time as a result last week about

emerson. consider it solved. >>> it is time it's time for the lightning round. >> buy, buy, buy >> sell, sell, sell. >> and then the lightning round is over. but not until we first introduce you to the newest addition to cramerica. this is olive spencer hugh sane. congratulations to our rock star producer katie and her husband greg we can't wait to meet the latest member of the "mad money" family some good news for once. >>> and now it is time let's start with robert in arkansas robert >> caller: professor cramer. >> yes >> caller: a big booyah from northwest arkansas >> all right, razor back what's up? >> caller: professor cramer, i've been a long-term holder in a company called new residential investment, nrz. they've had considerable insider buying, but they've cut their dividend to a nickel can they make it through this awful -- >> we have so many companies that are boosting dividends or keeping it flat. we do not even need to tinker with a company that cut their dividend >> sell, sell, se

emerson. solved. >>> don't want to rain on a beautiful health care technology consumer backage goods run here but tomorrow we're hearing from united health, they have to deliver a good quarter and the banks acted terrible today i want broad first class full participation. we can't lose groups because this stock market has gone from here to here and we have to be careful. >> there's always a bull market somewhere and i promise to find it for you right here at "mad money. i'm jim cramer see you tomorrow marks in turmoil begins right now. >>> tonight what we're facing before we can restart the economy. >> are we going to the meet the challenge. >> market recaps and medical updates. markets in turmoil, next watch and listen live on the cnbc app >>> good evening day 107 of the coronavirus crisis breaking news tonight president trump cuts funding to the world health department organization and the virus killed 10,000 new yorkers. stocks on fire today >> picking up lost ground. >> the future is as cl

emerson. consider it solved. >>> welcome back european markets set to close in a moment seema moody has the breakdown of the action overseas. seema? >> and morgan, particularly strong session in asia and it's exactly what we're seeing in europe as well stocks there sharply higher across the board as more countries unveil their framework around reopening their economies while overlooking two data points that came out this morning. a 0.7% decline in eurozone inflation and car sales in europe tumbling 50%. italy seeings the biggest drop of 85% the auto stocks, though, are higher in today's trade with bmw leading the charge up around 5%. luxury retail among the best performing groups across europe right now. the collective focus turning to lvmh's xhentz on a recovery in china taking hold as the revenue picture starts to improve on the mainland slowly. while the stay at home plays that have worked over the past month so look at hello fresh, the meal kit company and the remote software working compa

emerson. consider it solved. >>> stocks trying to hold their gains for a second day today let's get to bob pisani with a market check. >> carl, giving up about half the gains but still pretty impressive banks, energy stocks, reits, all the stuff that has gotten most beaten up is bouncing. be careful about saying this is an enormous move up given what's been happening the stocks are cut in half want to show you the retailers, go through a couple of these everybody likes to say what a great move we've had, some of the stocks up 40% or so, but let me point out nordstrom was $40 four or five weeks ago and now with the rally, it's half of what it was and we consider that a victory. bear this in mind. the daily charts do not do justice with what's going on the same with the travel stocks, carnival and royal caribbean, they're all up nicely. caribbean was $110 five weeks ago. $110 it's $36 we've talked about an enormous rally. look at these charts ona three-month basis, it doesn't make sense at all t

onn us at 8:00 eastern the medical community response to the pandemic and then tori emerson barnes willus to talk about the virus's effect on travel and tourism. join the conversation about the crisis at 8:00 eastern on c-span. television has changed since c-span began 41 years ago. our mission continues to provide an unfiltered view of government. this year, we have brought you primary election coverage, the presidential impeachment process, and the federal response to the coronavirus. you can watch all of c-span's affairs programming on television, online, and be part of the national conversation through c-span's daily "washington journal" program. c-span, created by private industry, america's cable television companies, as a public service. "washington journal" continues. host: joining us is dr. emily landon with university of chicago medicine. why don't you give us a sketch on the latest on the coronavirus pandemic in chicago, across the state of illinois, and one is the peak expected? guest: tough questions off the bat. illinois is going pretty well. we are seeing a lot of new cas

emerson. consider it solved. yeah, everything is runningis smoothly with the now platform. (bling) see, incident resolved. how did you... gotta enjoy the small wins. you keep being you, derek. keep being you. >>> welcome back as stores stay close, retailer ace nounsing furloughs and layoffs. courtney reagan has more on the story. >> i have counted at least 55 retailers or parent companies of multiple brands that have issued some furloughs or even layoff announcements, many of those also coming with executive and board compensation cuts, most recently tjx, the parent of tjmaxx, marshall's and home goods and 270,000 employees in the u.s., canada, europe and australia. it say that is the majority of u.s. store and distribution center employees are currently furloughed, taking similar actions in its other regions of the world. and then pvh, the parent company of tommy hilfiger, calvin klein and that company furloughing 75% of the north american work force and by far the largest region. and then you also have names like dick's sporting goods furloughing the majority of the store

emerson. consider it solved. and sometimes, you can find yourself heading in a new direction.ut when you're with fidelity, a partner who makes sure every step is clear, there's nothing to stop you from moving forward. >>> if you tried to order groceries for delivery you know it's not smooth. instacart adding new tools for the backlog. >> instacart said orders spiked 300% last week, it's been difficult to get delivery time from leading services, instac t instacart, walmart, amazon and peapod, they increased before president trump declared a national emergency and it's expected to be higher with new data released this week. instacart will have customers place an order and have them filled by the first available shopper. customers are given an estimated delivery range, the company says normally within two days and are notified when the delivery happens. they allow customers order up to two weeks in advance, no restrictions on size since the outbreak, delivery sites show having no availability in the times posted but companies are sharing a few tips to beat that backlog. choose re

emerson.onsider it solved. >>> areminder that we are awaiting the white house coronavirus briefing as we await the president let's talk about your retirement plan because the c.a.r.e.s. act recently past made some changes to how you treat your 401(k) and your ira let's bring in joel shipton at schroeder's retirement expert and all-around good guy. thank you for joining us 22 million filing for jobless benefits and some of them sitting on retirement plans and maybe tempting to go after that money, what should they be doing right now? >> well, thanks, brian great to be here with you this afternoon. and that's a great question. so you've got people who right now are thinking about how do they put food on the table you mentioned the 22 million who were unemployed and so you think about where do i have and what do i have in my retirement plan and what do i do about it and what's been permitted by the c.a.r.e.s. act and loans, hardship withdrawals and required minimum distributions so as it pertains

emerson. consider it solved. so it doesn't make a whole lot of financial sense for them to stay in this great big house. but, well, this is home. it's where they raised their three boys. could they downsize? sure. will they? not as long as thanksgiving is a holiday. planning for the future is about more than just money. let equitable be your guide. >>> on a day when we have record jobless claims and multiple people who are working are trying to work from home, joining us to talk about cyber security risks for business, is ceo and shark tank investor robert good morning great to have you back. >> good morning jon, morgan, carl, thanks for having me. >> i want to start with small business and the employment picture. many people know you from "shark tank" as an investor in small, start-up businesses. the weekly jobless claims are at 6.6 million, double last week's record number. we just last hour had dallas fed president robert kaplan on and he was talking about small business and questions about how tough it is for

emerson. consider it solved. (vo) they're adapting to supporto their communities.s. many need our help. if you're a small business in need, or want to help a local business, go to quickbooks.com/smallbusinesshelp intuit quickbooks. welike country, k-pop, and...smooth jazz? i can't feel my face. i don't care for smooth jazz. the world premiere is in your home friday. >>> welcome back to cnbc's "fast money. the markets ended higher today and they ended higher for the week and the market is up 12% and that pales in comparison with the retail names that have been beaten up the numbers i gave you before the break, 73%, look at that, kohl's, 73% gain in four trading days macy's up 36%. tim seymour, i know this makes some investors in these stocks who have been suffering and struggling happy i get that that's good, but is this any way to make sense of these moves at all? >> well, when we're talking about macy's, at some level it was with some of the other department stores and macy's it's a covenance review. you have to make some assessments about same-store sales and the t

emerson. consider it solved. this virus is testing all of us. and it's testing the people on the front lines of this fight most of all. so abbott is getting new tests into their hands, delivering the critical results they need. and until this fight is over, we...will...never...quit. because they never quit. >>> welcome back stocks are selling off on the back of bleak corporate economic data today illustrating the extent of the coronavirus damage and that it might be worse than investors expected dow moderating losses, down about 363 points right now we were down more than 700 at the lows the nasdaq only down 0.8% and coming off its best winning streak since december. tech stocks have held steady in the face of this volatility. steven grassi is here. would you be betting on the nasdaq >> these large cap tech companies have run this market in the last couple of years. those are the ones that if you have to look at this, what are investors going to put the most confidence in and validity in going forward? which of the companies going forward are as

emerson. consider it solved.nd we're here for you -ry day fespecially now,rs. doing everything possible to keep you connected. through the resilience of our network and people... we can keep learning, keep sharing, keep watching, and most of all, keep together. it's the job we've always done... it is the job we will always do. . >>> welcome back to "the exchange." let's get the very latest now in the coronavirus pandemic rahel solomon is back with the headlines at this hour rahel? >> hello, again, kelly g-7 leaders are pledging to do whatever necessary to ensure an economic rebound following the coronavirus crisis "the washington post" is reporting that millions of americans have yet to receive their $1,200 stimulus checks or they received the wrong amount of federal aid due to system glitches massachusetts governor charlie baker getting choked up yesterday during a virus briefing when talking about how his best friend could not hold a funeral for his mother after she died of covid-19 he said they had a good rela