A warrior exam be forced into quarantine. Hong kong Police Watchdog upholds actions against protesters provoking anger from those who accuse offices of brutality. U. S. Present donald trump has declared a massive new coronavirus aid package being debated in the house of representatives will be dead on arrival when it reaches the senate the true 3 trillion dollar package being pushed by trumps rivals the democrats what it clips all previous Financial Rescue measures the democrats control the house Donald Trumps republicans have a Senate Majority more than 36000000 people are claiming Unemployment Benefits in the u. S. And figures just out show retail sales down by a record 16. 4 percent in april. In late march President Trump signed a 2 trillion dollars stimulus package into law the largest of its kind in u. S. History it included payments for most u. S. Taxpayers to help them cover expenses while out of work job the support was also expanded and there was more money for hospitals and f
Europes closed. Apple didnt give a forecast and this white house commentary. I would start with the white house commentary the apple stock, even after you knew that there was no guidance, was up rather dramatically when we got word that the United States was going to retaliate against china, that was it it gave up the ghost and accelerated the decline in amazon we did have the greatest month since 1987 so that january month was augmented by tremendous japanese buying in 87. It was artificial. This was a solid rally off the bottom its time to consolidate theres no we have to get used to consolidation meaning a 400point dow instead of a 100point dow. We went down 34 in 25 sessions, up 35 in 27 sessions what does consolidation mean now . It has to do with the idea that we give up some of this last gain. The last gain was a short squeeze in airlines, in travel, leisure. We started believing in marriott up 10. Then yesterday we had a really strange day where the most important thing that ha
Into our edd department of Employment Development department now at 9 more than 22 million americans have filed for unemployment as the president lays out guidelines to reopen the country for business. Good evening. Im ken wayne and im pam moore, todays unemployment numbers are the largest and most dramatic rise in claims on record since the department started tracking back in 1967. The totals though come as no surprise since businesses will remain closed during this pandemic state agencies are having to hire more workers to help overwhelmed the state labor departments some states are expected to run low on money for state Unemployment Benefits as part of the federal Economic Relief package Congress Expanded Unemployment Benefits to include an extra 600 a week the size was given out by the state in california 2. 7 Million People across the state filed for Unemployment Benefits. As kron fours 10 per second tells us many are still waiting for money and some can even get through to the Em
Silicon valley tGlobal Health cares when nasdaq leading the way while the dow gains 83 points, s p up 6. 7 were here to cheer the most Economic System in history. Capitalism is taking the lumps like since the Great Depression and some is selfinflicted we have real problems with income inequality like the money that boeing was to pay dennis mulingberger can the new ceo change the companys trajectory or a Corporate Culture that seems to have gotten rotten and the ugly emails and it appears engineers deceived the federal regulators about the need for more Pilot Training to handle the maps but they did need training to handle the systems as the company made clear last week. Boeing is not putting capitalism best foot forward here undeniably so. Lets not throw the baby out with the bath water. And that stems from the everything i see happening here in San Francisco now we have a real windfall here this week jp morgan is hosting the Largest Health care con presence of the year and well explor
We will get details from microsoft president and cfo. And we look at what an internet pioneer sees in the decade to come. After three years in the making, the u. S. And china signed phase one of the trade deal on wednesday. And the vicemp premier put pen to paper for a deal that the president claims will have a Significant Impact on the tech world. Pres. Trump china has made enforceable commitments regarding the protection of american ideas, patents, and trade law. China has also pledged action to confront pirated and counterfeit goods, which is a big problem. Taylor those people in the room with the likes of executives from micron, qualcomm, ebay, and others. To discuss the implications, i talked to adam siegel, director of digital and cyberspace policy on the council of Foreign Relations in new york. In washington, bloombergs peggy collins. We have learned that the u. S. And china have taken the first peggy and china have taken the first step to negotiate some big imports into the u.