Area Services News Today

What was earlier in the day in the labor market data. 5. 5 million is well above where we were pretty covid. Continuing claims still elevated above where they were a year ago , putting a dampener on the recent equity rallies we have been seeing in the dollar, part of a broader move across anancial markets to price in brighter economic prospect for 2021. Fromased interest republicans, raising a chance for a deal by the end of the year. Underneath it all, is the job weket losing steam and can wait...

Not having a permit. 6100 . I dont know what i will do. That said he didnt need a permit because it was not a real race. He packets to participants with instructions to run virtually. But he also gave out packets by reservation on race day for those wanting to do the course. Everybody Wearing Masks and we never had more than five people picking a pack at one time. People were spread out over five hours. To me, this is a minor thing. No festival crowds like past years but through the day 82 peopl...

Will accept junk, recent fallen angels as collateral. Time now for todays market moving news from brussels in new york. We want to begin in europe, where the pandemic drove the economy to a record slump in april. Pmi Area Services completely decimated, falling to 11. 7. Manufacturing also dropped to 33. 6. Bloombergs maria tadeo joins me from brussels. Maria what you are seeing is that the Coronavirus Crisis is going to do a lot of damage to the european economy. [indiscernible] brussels tell us...

Budget. This is bloomberg surveillance. I am Francine Lacqua. A lot of focus is on earnings, and a lot of focus on the banks. The Credit Suisse story, i am delighted to speak to the chief executive shortly. That will give us good indication of what the clients are doing. This is what the market is doing. A lot of focus on earnings, a lot of focus on the pmi figures. Lets get the board up to get a sense of what the market is doing. April services pmi falling to it was 22. 8, now it is worse than ...

Feet in the water at the beach, just keep 6 feet away from others. We have been talking about it all day long. People across the state told to stay home, but what about the folks who dont have a home to go to . More on what is happening to those still in the streets. Wilson . Reporter to my left is south of market and to my right is tenderloin, they have been at the middle of a collision of challenges for San Francisco for many years, we have been showing you these problems for many years, they ...

Eastbound 24, also westbound 580 near grant line there is a crash so traffic will be a little slow, eastbound 24 near the old gateway exit there is a problem, and traffic will be a little slow more traffic coming up but now lets go back to the desk. California has 337 confirmed coronavirus cases now and more than two thirds of right here in the bay area where 239 cases have been verified in Santa Clara County has the most at 116. Last night a third person died from the virus in the county, San F...

The low drops south, with cold unstable air and temperatures well below average for this time of year. We have Sal Castaneda here. The rain making it tough driving around the bay to take it easy if you have to drive somewhere. This is a look at the toll plaza. We will not get the typical crowds today but we will get accidents unfortunately due to the wet weather. Right now the freeways are relatively empty but we have had a couple of things that have made it slow so be careful you have a more co...

It. A few partly cloudies in the mix. Temperatures will be bumping up well above seasonal averages. I do believe sal is here and he will tell us things are quiet. Good morning. Traffic is off to a nice start here. If youre looking at some of the far away commutes. 580, 205 dublin. All this traffic seems to be ago. There are some construction closures here and there. So far, not causing major delays. You can see the traffic is moving along with the concord commute. 4 01. Lets go back to the desk....

Mountains and south. Thats the line. North of that i dont think anything will happen. If youre north and get more sun, 70s for some. Sal castanedas here now. Well focus on what here this time . You can see traffic is doing pretty well around the bay area. Including southbound san jose. You can see it looks pretty good getting up by highway 17. Also this mornings commute is doing well in Contra Costa County including highway 80, hercules and richmond and here in oakland, Alameda County traffic mo...

Markets trying to figure out the fallout from the u. S. Strike meansilled the general for their portfolios. And what it means for the price of brent. Is at theere bryant moment. Gold at the highest in six years. Data. Also getting some Euro Area Services pmi coming into 52. 8 just a touch better than expected. We are at the eurasia summit talking 2020 risk. We will talk to the italian Prime Minister. In the International Rescue committee chief executive David Miliband. Those are coming up on blo...