Nightly Business Report

Jobless claims jump nearly fivefold from the record set in 1982, and Fed Chair Jay Powell says “The Fed is not out of ammunition.” We look at what that all means for the markets and the economy.Plus, a new test is making its way to the U.S. that can not only detect Covid-19 but also 20 other infections with similar symptoms. The CEO of the company that makes it joins us next.And, more and more restaurants telling their landlords they won’t be able to pay the rent come April 1st. A look at the impact that could have on already struggling malls.

Stocks are taking off as a historic stimulus bill gets closer to being the law of the land. We have the latest on where things stand and what’s actually in the bill.Plus, the real estate market is showing cracks already and the new stimulus bill could turn the residential mortgage market upside down. We’ll tell you why.And, from chocolate to cheese to fries… some bullish sentiment on Wall Street on some consumer names. We’ll tell you who they are.

A massive rally on Wall Street on hopes for a stimulus plan but can this rally be trusted? We look at where you can find safety in the markets amid the volatility.Plus, Morgan Stanley sees a 30% drop in second quarter GDP. The Bank’s Chief U.S. economist tells us why and what else we should be bracing for.And, social distancing is taking a toll on the housing market with thousands of refis and home sales in jeopardy. To work around this, some senators have introduced a bill that would make closings electronic. We have the details.

Larry Kudlow says the government will do whatever it takes to keep the economy going. What he’s suggesting and why he says you should stay in the market.Plus, one oil veteran says he wouldn’t be surprised to see crude oil go negative. Is he right? We debate.And, some analysts are seeing buying opportunities in the wake of the market plunge. We’ll tell what stocks they are bullish on.

The economic outlook gets weaker – just how low will we go? Will part three of Washington’s coronavirus bill stand a chance?A deep dive into the downturn in small caps with the Jefferies lead portfolio manager. Senator Kelly Loeffler of Georgia defends the stock sales that’s drawing all the wrong kind of attention.

JPMorgan forecasting a big recession ahead. We’ll talk to the bank’s chief economist about just how bad he thinks it’s going to get.Plus, Oil rebounding today after plunging to its lowest level since 2002. We look at where the price of oil could go from here.And, American Airlines CEO Doug Parker says this is the worst crisis he’s ever seen and a federal aid package will only go so far. We have the details.

Legendary investor Bill Miller says there have been 4 great stock market buying opportunities in his lifetime. This is the 5th one, and he tells us what areas of the market look particularly attractive right now.Plus, Boeing is on pace for its worst month ever and asking for $60 Billion in federal aid. We have the latest and what it all means for Boeing’s future.And, Casinos lower again after the Nevada Governor ordered a 30-Day state-wide shutdown. We look at what that will do to Casino operators’ bottom line.

Another whipsaw day for Wall Street with the Dow soaring as the Fed and the White House step in to calm investors. Is it enough to keep the economy going and spark a turnaround for the markets? We discuss.Plus, “it will get worse”, that’s what one of our guests is saying about the retailers. From the stocks best and worst positioned to the retail credit crunch, we’ll have more on the fallout for the sector.And, Regeneron says it aims to have a potential Covid-19 drug ready for clinical trials by early summer and it’s not the only Biotech company working on ways to fight the pandemic.We’ll talk to Johnson and Johnson’s chief of research about what his company is doing. 

Stocks sinking again as action from central banks around the world fails to re-establish investor confidence. So did the Fed not do enough or was it not the right kind of help? We debate.Major retailers are closing stores and reducing hours, putting more pressure on an already stressed sector. We look at who’s shutting down and who could end up shutting down for good.Plus, Netflix may not be as coronavirus-proof as you may think. We’ll tell you why.

Stocks rallying after central banks around the world injected liquidity into the financial systems, is this the boost markets need to stabilize? We discuss.A former IMF official lays out his plans to boost the economy.And homebuilding stocks fall as rates go lower, but that’s not the only risk to the housing. Coronavirus has already impacted the market…we get a read across the country.

The Fed announcing a bond buying program as the scramble for cash intensifies and liquidity concerns throw global bond markets into turmoil. We look at the Fed’s big move and the impact it could have on the markets.Plus, airline stocks getting crushed following the President’s European travel ban. We speak to a guest who says the pandemic could serve as a liquidity stress test for the sector.And a growing list of sports leagues suspending games or banning fans. We look at just how big the financial fallout could be.

More confusion and mixed messages from Washington on whether Coronavirus relief is coming.We look at the various proposals being floated and what kind of difference they would actually make.Plus, bank executives are being called to the White House but what does the administration hope to get out of the meeting?And with oil sharply lower, worries about bankruptcies in the oil patch continue. We check in with one guest who says he has some idea of how this might play out across the industry. 

The Dow swinging 1100 points throughout the session after President Trump said he was prepared to announce ‘dramatic’ actions to stimulate the economy, but it’s come to light there’s not quite a solid plan in place yet. What’s actually on the table in Washington.A top strategist says investors could be in for a months-long negative market event, and it could change how pension funds invest for the long-term.And Chicago is home to the biggest convention center in the western hemisphere, but coronavirus fears have led to the cancellation of four major events in the past few weeks, costing the city hundreds of thousands of dollars. We’ll tell you how the Windy City is going to handle that hit.

Turmoil on Wall Street with the Dow down more than 2000 points at the low and market-wide circuit breakers being triggered to stem some of the selling. From the NYSE to the CME and the NASDAQ, we follow all the biggest moves.Plus, as an oil price war breaks out between Saudi Arabia and Russia, we’ll look at where oil goes from here, the impact on energy producers, and the geopolitical ramifications.And a former Fed board member on what bullets the Central Bank still has left.

Another sell-off on Wall Street, with the 10-year touching fresh lows. What it means for the markets and why this is not a repeat of the financial crisis.The drastic steps some retailers are taking to get to the front of the supply chain line now that factories in China are back up and running. And a top market strategist says the Fed doesn’t stop floods, nor does it cure diseases, but it did the right thing this week. He explains why.

Wall Street once again in sell-off mode. This as the 10 year hits a new record low. From financials to energy, we look at all the major moves and whether there are some good opportunities right now.Southwest Airlines expects the coronavirus outbreak will cost it up to $300 million this quarter. CEO Gary Kelly joins us with more on the fallout and how the carrier is mitigating risk.Plus, as people stockpile products, grocery store shelves nationwide are getting more and more empty. We talk to the CEO of Southeastern Grocers about how they keep shelves stocked and prevent panic buying.

Stocks rallying…we look under the hood of this rally to see what’s driving it and if it can last as yields continue to fall.The historic drop in rates has homeowners rushing to refi. We’ll tell you how low rates could go and how high that might push home prices.Airline CEOs get summoned to the White House to address the Coronavirus crisis but what exactly does the administration hope to accomplish with this meeting?Plus, Mike Bloomberg suspends his presidential bid and bets on Biden to defeat the President. A look at what he will- and can do-with his billions to accomplish that goal.

The Fed surprising investors with a half-point rate cut for the first time since the financial crisis. President Trump says it’s too little, too late...one economist tells us why he thinks it’s too much, too soon.The yield on the US 10-Year note falls below 1%, we’ll discuss the impact on mortgage-backed securities.And the Founder and CEO of Regeneron joins for an exclusive interview to shed light on the company’s quest to find a treatment for COVID-19.

Markets staging a major rally after the worst week for stocks since the financial crisis on stimulus hopes…we’ll tell you how to play it.Goldman Sachs’ Jeff Currie says there could be more pain ahead in the oil patch and reveals the one commodity he’s staying bullish on. And executives from two companies with China-dependent supply chains tell us how they’re handling operations amidst the coronavirus outbreak.

The Major Indices are having their worst week since the financial crisis. From investment opportunities right now to protecting your 401(K), our panel of experts weighs in on all angles of this sell-off. Plus, a look at what companies should be doing now to prepare for a wider coronavirus outbreak. And we’re live at 3M where production of face masks is ramping up.