President s chief economic adviser larry kudlow. Hes going to join us. Thats the question we will ask, when, where and how will some americans be able to get back to work. Now, check out the market. It reopens today after a threeday weekend. Last week was one of the best weeks in decades, with the dow rising 12 . No significant pullback this morning. We are down just maybe 70 odd points for the dow industrials and well above 23,500. How about that. The s p down about. 33 and the nasdaq, same thing, down about. 33 . That is not a significant pullback. Not helping the stock market is a forecast from jpmorgan. They suggest that gdp could fall 40 this quarter and unemployment could reach 20 . Now, that is a dire prediction. Check out the price of oil. The u. S. , russia, saudi arabia and other Oil Producers have announced an agreement that would take 9. 7 Million Barrels of oil a day off the world market. However, that has had very little impact. It may put a floor under the price of oil b
City of San Francisco Just Announced six new cases of the coronavirus, bringing the total number of cases in the city to eight. Heres what we know about the new cases, three of the patients are women and three are men. Two of the patients are in their 20s, three are in their 30s. And one, is in their 50s. All six patients are isolated at home and are in good condition. The Health Department says each of them have no contact with a person, diagnosed with coronavirus. We are working closely with them and their families to ensure that their health is monitored and that all precautions are being taken to protect their health and the health of the public. We expect to get more confirmed cases. We have seen that in the state, and in our region and so this is not unexpected. Meanwhile today, Santa Clara County is reporting eight new cases of covid19, that brings the total number of cases in the county to 32. Now, to the latest on the coronavirus stricken cruise ship currently being held off t
The cruise ship and passengers have been asked again to stay inside their rooms while the captain awaits word from the cdc. We just heard from one couple about how they are passing their time. Reading books and they put 100 movies on the Television Screen to choose from. There is not a lot you can do in 150 square feet. Luckily we have a window, so that really helps. Reporter now 21 people have tested positive for the virus. We are told 19 of them are crewmembers and again they are awaiting an announcement to hear where the ship will go next. For now, live in San Francisco, betty yu, kpix 5. Thanks, betty. Here is a realtime look at where the grand princess is right now. You can see the blue dot representing the ship currently off the coast of pacifica. A resident who traveled on the grand princess last month is that counties first confirmed case of the coronavirus. The patient was of it passenger from february 11 through the 21st. County officials are trying to retrace the person step
Candidate hoping to benefit from some lastminute endorsements. We all share the understanding that together well beat donald trump. Reporter millions head to the polls. Bernie sanders hopes to cement hition place as the favorite for the nomination after wins in New Hampshire and nevada. He is set to win of the most coveted prizes, california. Joe biden has gained momentum after a win in south carolina. Winning means uniting america. Reporter bidens picked up endorsements from former candidates including senator Amy Klobuchar, Pete Buttigieg and beto orourke. Hes hoping to establish himself as the chic for moderate voters. I think right now theyre trying to stop bern ni from trying to change the party into something its never been before. Reporter hoping to steal some moderates, Michael Bloomberg. He has isnt more than 500 million on advertising. I dont think the country wants revolutionary change. They wouldnt evolutionary change. Reporter meanwhile, Elizabeth Warren looking to breakou
To begin with. Thank you so much for joining us tonight. Im Justine Waldman and we are tracking the coronavirus outbreak in the bay area and the future of the grand princess cruise ship. That is circling off the california coast. We have Team Coverage tonight kron fours dan store and talked with cruise ship officials about the passengers on board and when and where they could possibly doc. But first kron fours gayle ong has the latest on the new cases just reported today in the bay area gales. 3 women and 3 men are the newest coronavirus cases in San Francisco. Each of them hadnt known contact with the person with the virus and with the situation changing so rapidly City Health Officials expect more confirmed cases. The San Francisco department of Public Health says there are now 6 patients in the city who tested positive for coronavirus this is a indication of increasing circulation of this Novel Coronavirus Deputy Health officer doctor Susan Phillips as the new was cases in the city