Frustration over thailands electoral system. We start in afghanistan tens of thousands of people have been displaced following days of heavy fighting between Government Troops and taliban fighters in the south of the country it began on saturday at 8 agencies now say that hospitals are becoming overwhelmed. The fighting is in Helmand Province and centered around the regional capital lashkar gah the u. S. Has been carrying out air strikes to defend Afghan Security forces its the 1st Major Taliban offensive since peace talks with the Afghan Government began last month and it could complicate the United States plans to bring home remaining forces by christmas lets go live to work kabul contre foolery joins us from there whats happening right now in Helmand Province. Well adrian it seems that the fighting that began just a few days ago doesnt seem to be winding down in the last few hours weve been getting reports from local sources that several Afghan Security outposts around the last car
Sanctions and claims to the South China Sea take center stage today. Stocks are shrugging it off. The dow up more than 400 points but the big tech is struggling faang, internet names that have been on fire are seeing weakness today. Were following it all 59 minutes left of trade. Certainly weve been all over the place in markets but were up as we stand with the major indexes we have a big line up of guests. In a few moments well speak with shrewsberry, cfo of wells fargo. And Robert Kaplan will join us and well speak with Michigan Governor Gretchen Whitmer an earlier biden endorser as biden lays out more details of his economic plan. Lets focus in on the big stories were watching at this hour wilfred has the highlights ph wilfred, start off with the banks here. The key focus, sara, as we expected it to be on provisions for potential bad loans. They rose from all the banks from q 1 to q 2 and rose more than expected. Wells fargos more than doubling quarter over quarter the big question
500 on pace for their biggest quarterly gains in nearly 20 years, and the nasdaqs about to have its best quarter since 2001. We will break down all the numbers for you. While this quarter was rosy, the future might not be so bright. If you ask Federal Reserve chairman Jerome Powell, the fed head warning of an extraordinarily uncertain economic picture due to the coronavirus. Treasury secretary Stephen Mnuchin just wrapped up testimony on capitol hill, long day for them. We will go to d. C. For all the fireworks that happened in that room. Meanwhile, we are just nine hours away from the deadline for Small Businesses to tap into what is left of the Paycheck Protection Program. It still has more than 100 billion available. The ceo of Valley National bank is here to tell us how he thought the program worked and what should be done with all that excess cash and should there be more stimulus. Then theres this. The Work Life Balance turned upside down during the coronavirus pandemic but as st
Million cases of coronavirus and 63,000 people have died from covid19. Also, six bay area counties announced they have shelter in place orders extending through the end of this month. And Public Health officials are focused on ntt tracing as a second vital phase to contain the virus. Joining us is dr. Rutherford, a ucsf epidemiologist, advisor ton san scos department of Public Health, who is leading the program that started this week in san francisco. Think you fojoining us again. Thank you for having me. We will get to contact talk about breaking news today. The fda has authorized the emergency use of to reduce the mortality and duration of covid 19. It has been proven to do this and some studies although one study was negative. How quickly can be utilized . I think it is a great step forward. The fact that there was a negative study from china does not really bother me very much. A lot of power for people and it to really get the effects or understand exactly what the effects are. Th
And ransacked the Parliament Building in china tells other countries to stay out of its affairs. And the womens Football World Cup Team usa care up for their semifinal against england but are the americans already looking ahead to the final anyone thinks so when the talk is adding to the build up out of the games. Im serious i was going to thank you for joining us germanys defense minister was enough underline is being considered for europes top job European Commission president now the head of the Council Donald Tusk has asked e. U. Leaders to back her for the post theyve been meeting in brussels for the past 3 days to try to reach a consensus on replacing the outgoing Commission President chocolat younger its been one of the longest e. U. Summits ever but leaders say they are confident they will be able to agree. Prevail is in brussels following the latest developments for us hi barbara theres been so many names being thrown around the past 3 days in brussels now were hearing that wa