Welcome to the Jill on Money Coronovirus Market update. It's early. It's 1116 a.m. on Tuesday on the East Coast and you know what I just wanted to bang out some of the stuff early and I thought

this would be a good time for us to give you a little bit of a big picture view on

what's going on as As we record this, Fed Chairman Jerome Powell and

Treasury Secretary Steve Manushin are testifying before Congress about the

Cares Act and the blending programs and all this stuff.

Walmart sales have surged.

They just reported their earnings.

They're doing pretty well.

But they're spending a bunch of money.

Home Depot, they've got higher revenue, but also higher costs, so it's a little bit of a mixed market right this second,

but I'll tell you what I did this morning. I woke up really early and was on CBS this morning, and I wanted to make sure that you all could hear this

because this is one of those segments that I do with Anthony Mason that I just love.

It's just a big picture how to take care of your money amid the virus kind of segment.

And of course we'll be back in your feed tomorrow so don't worry and if you've got a financial question

just send us an email it's ask Jill at Jill on money.com

ask Jill at Jill on money.com and don't forget wash your hands, wear your mask,

keep that social distancing and don't forget to do something nice for

somebody else it will do your soul good so here is my interview on CBS this morning with the great wonderful anchor and my

pal Anthony Mason right now for you.

We're talking about more than 35 million people now who have been laid off during this pandemic.

What should people keep in mind if they're getting unemployment checks?

I think that a lot of people don't realize that unemployment benefits are federally taxable.

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