President Trump touted the federal government’s Paycheck Protection Program on Friday, claiming the initiative designed to help small businesses has already processes over $3 billion worth of loans. Jim Axelrod reports on a disturbing technical glitch that some business owners have reported when attempting to apply for the program.
Spain now has the second-highest number of confirmed coronavirus cases behind the U.S., while China held a nationwide day of mourning as it gradually brings the disease under control. The United Nations said it will make a decision later in the month as to whether it will postpone September’s General Assembly meeting in New York. Roxana Saberi breaks down the virus’ global impact from the U.K., where the death toll has jumped to over 3,300.
Over 9 million Americans applied for unemployment in the last two weeks, a grim record that reflects the coronavirus pandemic’s toll on the U.S. economy. CBS News business analyst Jill Schlesinger joins “CBS This Morning: Saturday” to break down the virus’ impact on the economy and what the current numbers could mean for American workers’ futures.
Just this week, the CDC unveiled a new recommendation urging the American public to wear masks when outside their homes, and the FDA approved a new blood test to detect the coronavirus. As the coronavirus pandemic continues to grow, so does the knowledge of the experts attempting to fight the disease. Dr. David Agus joins “CBS This Morning: Saturday” to discuss the latest coronavirus news reported this week.
President Trump unveiled a new CDC recommendation on Friday that strongly urges Americans to wear some sort of cloth or fabric face mask when in public. President Trump said he will not be following that guideline, although he came down on manufacturer 3M for not manufacturing enough protective masks for the U.S. Nikole Killion reports on the White House pandemic response from Washington, D.C.
With over a quarter million of all known cases and a death toll of over 7,100, the coronavirus pandemic continues to affect nearly every aspect of daily American life. New York remains the epicenter of the crisis, although Dr. Deborah Birx said in a press conference on Friday that other big cities such as Chicago, Detroit and D.C. are on the White House task force’s watch as well. All but nine U.S. states are now under some sort of order to remain at home in an effort to slow the virus’ spread. Michael George reports on just some of the hardest hit areas.
New York saw its highest ever single-day death toll from the coronavirus pandemic so far on Friday. Also, the stock market closed at another low after a critical jobs report saw over 6 million Americans file for unemployment. All that and all that matters in today’s Eye Opener. Your world in 90 seconds.