i. could julia and it's great to have you on board. so what's coming up on the show. we delve into the shady weald of online fraud in god i want to stop because. of a crime.

hello to you wherever you are watching from a welcome to the 77 percent a show for africa's youth i could julia and it's great to have you on board. so what's coming up on the show. the world of online fraud one of west africa is. a crime. and how do you feel about. travel to kenya to discuss the sensitive topic. on the nigeria we meet a painter who uses an ancient writing system to create a rising up. now have you ever wondered where all those emails claiming that you've won a $1000000.00 actually come from well that's happening a lot in gaza one of west africa's hotspots where cyber crime and internet fraud young people tried to make a living by scamming people online we met some of the fronts this. well here as night falls on the streets of a crowd the work day is just beginning for internet's comus like coffee that's not his real name he doesn't want to be identified which is understandable as a notorious credit card foster who would face several yes imprisonment if he got caught he sucked large right now he tells us a bit about his occupation even harvey cooperate with russians. because if

>> i don't know if there's anything political about it, julia, to admit that things are awful right now. because the economy was shut down. >> i couldn't agree more, john, actually. i think they couldight. as christine said, we're in a crater because of the lockdown situation, because of the shutdown. just because we start to see states opening up, we'll see a bounceback. think of covid-19 -- beyond the initial couple of months bounceback, we're going to be wading through the mud of social distancing, the fear of reinfections, travel restrictions for many months to come. yes, we've got a safety net in the money given to individuals, yes just because of the bounceback -- beyond that, we're really going to struggle. it's what jobs come back, what more cash is needed, but we're not going to look like normal until we get a vaccine. let's hope mnuchin knows something about bumped up capability that they haven't shared with us. again, it's going to come back to that to give people confidence to do what we did in the past. >> testing is absolutely necessary for a full running economy. christine romans is a day when the next batch of small business money goes online. a lot of questions abo

i think brady and gronk could save the cable bundle. it's all up to them, julia, to tampa bay. hopefully they can get that season off and we'll see how they go with the draft tonight julia boorstin, thank you so much >>> coming up, new home sales falling sharply last month and that might just be the beginning. the shock that could still hit the housing market is ahead. >>> meanwhile, oil is clawing its way back after its historic collapse earlier this week but one sector of the industry is booming it's the tankers we're going to talk to the ceo of one of the world's largest ship owners, next. as we head to break, let's take another look at the markets. the dow hanging on to a gain of 161 points, pretty consistent arlf a percent gains across the bod today, again, slightly off the highs of the session we're back in two. >>> welcome back to "the exchange." let's get a check on the markets and some of today's biggest movers with dom chu. >> markets have lost some ground in momentum as we head towards the mid-afternoon. we are currently up about a half a percent on the dow, s&p, 500

argument could be maintained it prevented a bigger collapse that could have had housing and rent implications for many of us. >> julia, you and iut the small business loan program, today it officially tapped out. they don't have any money. moments ago on the senate floor, mitch mcconnell blamed democrats for stalled negotiation. any sign of a deeshlg given how badly small businesses need this money. any hope there? >> i agree with him on that point. senator roy blunt of missouri said look he believe there is a the impact could be overcome by the next session. that's monday. he also suggested that the president is on a call with senators today he said perhaps money could be found for other things. we got a timing issue. the republicans believe more money was needed for the states because of healthcare. but they wanted to give it a bit of time. the democrats want it all to happen now. the hope is that this gap can be brijd. jake, this is an emergency for small businesses and the jobs claims numbers tells you that. more jobs will be lost, more businesses would fail if they can't agree this money now. >> all right. cnn business anc

julia gargano hails from staten island. both of these would be two of the people i could see going really far in the show. >> reporter: bobby bones is the show's mentor, facing a tough challenge along with the celebrity judges and the host ryan seacrest, mounting the live portion of their series in the midst of a quarantine. >> we will have to start 24 different locations all from everyone's home in the safety of their own home. >> reporter: call it a "back to the future" approach. >> we're going to deliver the season as planned just with a bit of distance. >> reporter: contestants will be recorded to guard against any internet glitches. >> there can be fuzz and what we don't want on the show is for any circumstance that is out of our control to affect a performance. >> reporter: there's a hint of nostalgia here as ryan explained to his 4.9 million followers on instagram. >> this desk is the original des that can randy, paul and simon had, and so it was in my garage, in storage. >> reporter: the old desk represents a return to the show's roots. >> yes, i think it's going to give a whole new twist to this thing. i think we'r

band-aid ♪eful, julia gargano, hails from staten island.1 >> both of these would be two of the people i could going really far in the show. >> reporter: bobby bones is the show's mentor, facing a tough challenge along with the celebrity judges and the host ryan seacrest, mounting the live portion of their series in the midst of a quarantine. >> we will have to start 24 different locations all from everyone's home in the safety of their own home. >> reporter: call it a "back to the future" approach. >> we're going to deliver the season as planned just with a bit of distance. >> reporter: contestants will be recorded to guard against any internet glitches. >> there can be fuzz and what we don't want on the show is for any circumstance that is out of our control to affect a performance. >> reporter: there's a hint of nostalgia here as ryan explained to his 4.9 million followers on instagram. >> this desk is the original des that can randy, paul and simon had, and so it was in my garage, in storage. >> reporter: the old desk represents a return to the show's roots. >> yes, i think it's going to g

i could best do that on the outside. >> his most recent book is that the war for america's soul why do you open that book with your daughter julia it's one of the reasons i wrote this i experience in event that really went straight to my morrow. i have a right to ask my daughter for permission. my daughter graduated from trinity college last may. it had been a tough four years for her. she was involved in the accident that made the national news. there were children in a college building they were on the deck of the building on the third floor and my daughter stepped out and as soon as she stepped up all three decks disconnected from the building. luckily no one was killed. my daughter sustained nerve damage she was the cocaptain of her crew team. and then she was invited to join a new institute. created by a handful of conservative professors. they wanted to celebrate and to propagate the values of that judeo-christian civilization. that was the last straw for the social justice warriors in two weeks before the graduation they took my daughter's photograph and on social media and post is around the campus they put her name this

julia, we talked about this before. many of these businesses can't wait. the delay could kill them. >> ie got weeks now of this shutdown. the average amount of cash that these small business hold wherever you look, whatever sector, whether it's restaurants or hotels, is weeks. we've long since passed that. it's a desperate situation. the only thing that i can say about what we saw in the last 24 hours that was different was that lenders were allowed to bulk submit. if you had 5,000 applications or more, you can send a spreadsheet to the small business administration. that could be the critical difference. we don't know about the processing speed of these, but this is a critical difference. the other thing i think that i would point out here, the small business administration said they got $2 billion back from people who took the money, said, okay, fine, we needed it, others need it more, they've given it back and that's now available too. it's tiny of a proportion of the whole amount of money, but it's something, john, to hang here. >> the los angeles lakers from the nba got more than 4

i agree. >> all right, brock blake and julia chatterley, thanks to both of you, appreciate it. >>> coming up, who lives and who dies. it coulde down to a patient's score on a point scale. in a worst case scenario, they're talking about it. stay with us. at papa john's, we want you to know that from our 450-degree oven, to box, to you, it's our policy that your pizza is never touched once it comes out of the oven. and we're taking extra steps, like no contact delivery, to ensure it. a new kind of investor with an app that's changing the way we do money. download robinhood now. >>> a grim in and unimaginable reality that doctors across the country may face in a worst case scenario. medical professionals tell cnn they hope it never comes to it but they've developed a point system in the inevitability hospitals need to decide who gets lifesaving care and who don't. it's not inevitable but it might happen. drew griffin has more. >> reporter: the horrifying pictures from inside new york hospitals show patients hooked up to the only machines keeping them alive. when the virus takes over the lungs, ventilators take over the breathin

julia, if you could walk us through what is now 22 million unemployment claims in four weeks. >> this is the economic reality check, ie devastation being caused purposely by the measures we're taking to try to suppress the virus. we're talking about 22 million people in the space of four weeks either losing their jobs, furloughed or simply frightened about the future of their job, and, therefore, claiming unemployment benefits. we're approaching the point, poppy, where we've almost wiped out the job gains that we've seen since the financial crisis, so over the last ten years just in the space of four weeks. it's broadbased and the fear, despite the trend you're seeing there, is that we're still not catching up with the amount of claims that the states are struggling to deal with, and we're now capturing up to 20,000 gigatron workers who are likely suffering. the struggle continues. >> how many of those jobs come back, how many small businesses come back? in the last couple minutes, i'm seeing that money is out. the payment protection program is tapped. they're not accepting any new applications. debates adding more m

could scale it up quickly. >> erica, thank you so much. >>> now today the irs said that the $1,200 stimulus checks are going out in record time. i want to bring in business anchor juliahatterley. and direct deposit money may be going out ahead of schedule but the president's signature is impacting the process to issue paper checks. what is going on here. >> let me try to explain. for the first time ever a u.s. president is having his signature placed on irs checks going out to people. it's never happened before. it is an election year after all. but politics aside, there are criticisms coming even within the irs that are saying this is going to create delays because the computer system needs to be updated. the treasury is denying that saying the paper checks will go out next week and that is ahead of schedule. on the other point to make here and the treasury is talking about it if you go back ten years to the financial crisis, they made 800,000 payments to people in around two months. what we've seen with the help of direct deposit is 18 million payments made in just two and a half weeks. that's impressive however you look at it. >> and, julia, the irs launched a new

julia, great to see you as always. this bill has $310 billion just for small business loans. how quickly do you think this new batch of money will run out? >> i was told it could be gone, jake, in as little as three days. that was by the ceo of lendio, the online lending marketplace. his view is it will be gone very quickly just based on the sheer number of businesses that didn't get access in round one. but there's bigger issue. according to lending tree today, just 5% of small businesses that did get loans have actually got their hands on the cash. that's a huge problem too. >> breaking news now from two ivy league schools, both harvard and princeton have announced they will not take funds that have been allocated to them in the last stimulus bill. this comes after president trump seemed to accuse harvard of applying for a loan intended for small businesses. take a listen. >> when i saw harvard, they have a -- one of the largest endowments anywhere in the country, maybe the world, i guess. and they're going to pay back that money. >> harvard initially said 100% of the allocated funds were going to students directly impacted by covid-19. but this is a major r

i still can't get through. that could be a further 23 million people. we've got another hour and a half to wait until we get the numbers. but devastating, again, for everyone involved is the message. >> julia chatterley for us. please keep us posted throughout the morning. joining us now is the director of vaccine research clinic at university of alabama at birmingham. and dr. richelle wa len ski at massachusetts general hospital. we just got an economic report. but it's directly tied to the medical reality in this country this morning. so much so that business leaders, dr. wolensky told the president, they need to see more testing before they're comfortable reopening at the levels the president wants to right now. more than 60% of americans are not comfortable returning to old routines just yet. why is testing, in your mind, so important to reopen an office? >> good morning, john. good morning, alisyn. i think there are two kinds of testing we're talking about. we need to understand how much antibody is out there, how many people might have been exposed. presuming that antibody gives us protection against being exposed quickly again. before a vaccine were to become available. we need to u

could potentially win an oscar >> julia boorstin, thank you for that. >> tomorrow a huge day of earnings and the key names we're watching when we return. >> welcome back. guy, in, we've been saying that earnings perhaps wouldn't have been that important given that it's all changed over the last couple of month, but we learned again today that they influenced stock prices and another big day tomorrowwith the likings of microsoft and boeing, front and center >> yes microsoft, boeing. we have facebook, as well. so it does seem that two of the sort of favorite glamour growth stocks coming out and we'll see if again, a lot of that was baked in and those stocks have been backing off in the last day or so. >> i would only add that we also have a fed meeting tomorrow and a virtual news conference with jay powell we know the fed has been all in here very active and intervening in markets and just recently going into the muni bond market. any comment on the economy will be newsworthy. >> we are out of time on "closing bell. thanks for watching. melissa lee is next. >> welcome back to "fast money." guy adami, tim seymour and steve grasso an earnings palooza, alphabet, s

i could best to that on the outside and it's worked out in the last two years. host: your most recent book, "the war for america's soul" why do you open with that book with your daughter juliat trinity college? guest: one of the reasons i wrote the book because i experienced an event that really shook me too my marrow and i have to ask my daughter's permission to write that chapter and she cleared it for me. my daughter graduated from trinity college last may. it had been a tough four years for her. she was involved in an accident that made the national news just before the term began, the semester began. there were children in a college building and they were on the deck of the building on the third floor and my daughter stepped out onto that deck and as soon as she stepped out all three decks a disconnected from the building and collapsed on each other with children on each a deck. luckily, no one was killed, but my daughter sustained nerve damage to her legs. despite that she persevered, with the captain of her crew team with four different jobs in college and then she was invited to join a new institute at trinity called the church skin institute created by a handful of

this is from julia, i am 65 and— —— and have high blood pressure. i am told that high blood pressure couldo are more at risk. there is some indication that if you do have problems like hypertension, diabetes, chest problems then you may be at higher risk of complication compared to somebody else. but having said that, we are certainly seeing people who have got none of those having to go into hospital and having difficulty managing the disease. so i think, yes it does put you at higher risk but if you don't have it, don't be complacent and think i will be all right. lots of people have asked these questions before, jodie says is my newborn at risk?” these questions before, jodie says is my newborn at risk? i think so far we have not seen cases where newborns seem to be adversely affected by it, i think there are some case reports of women, newborn babies who have had it. but they seem to come out of it ok. at this moment in time, they do not seem to be at greater risk. this is from sue, she says i am 73 and staying at home. i know this will prevent me getting the virus, when it is deemed t