Employees who have been out of work now for months. The Second Quarter Gross Domestic Product plummeted 32. 9 between april and june. Thats almost a full third and its the sharpest decline we have seen in u. S. History. The drop in gdp is nearly 4 times worse than it was at the peak of the financial crisis in the Fourth Quarter of 2008 the previous record was 10 in the First Quarter of 1958. Turning over to the stock market and see how stocks are reacting to this dire news. The dow jones is down by almost 200 points, just a little bit more than that right now. S p is suffering a loss of not quite one half of 1 . The nasdaq is the only right spot if you count the addition of 52 points. Nasdaq is up by one half of 1 . You can see stocks mostly regained their footing after a very steep drop at the opening bell and after we got that labor news. Californias jobless claims were down last week despite a nationwide increase. Our state reported 249,000 workers filed firsttime claims during the
Good evening and thanks for 5g everybodys talking about it. How do i get it . Being with us. Im raj mathai. Everyone gets 5g with our new data options for decades their statues have at no extra cost. Thats good. Stood tall at Golden Gate Park, and for decades its rekindled next item corner offices for everyone. Just have to make more corners in this building. Chad . Painful memories for a lot of people of abuse and racism. Your wireless your rules. Tonight fueled by a national only with xfinity mobile. Now thats simple easy awesome. Movement, history is being switch and save up to 400 a year on your wireless bill. Rewritten. Nbc bay areas cheryl hurd joins us from Golden Gate Park in san plus get 200 off a new Samsung Galaxy s20 ultra. Francisco with the very latest. Cheryl, what happened there . Reporter well, raj, police are still on the scene here at Golden Gate Park. As you can see, this statue of if yoyoull get 2 vyears or 20,000 miles Francis Scott key was torn down of scheduled
A few hundred people gathered outside city hall. Theyre voicing their concern about the death of george floyd. Theyre asking for peaceful protest and for a change in the way society behaves. Another protest going on right now is at San Jose City hall as well. Lets go to scott budman. Hes live on the ground in front of city hall. Scott, what do you see there . Reporter well, another planned gathering here at city hall, janelle. The crowd a little smaller, the Police Presence a whole lot smaller. Some people are circling the block right now. So, in a little bit well see a lot of folks coming at us, a lot of water, a lot of organizers. As i mentioned, a much, much smaller Police Presence tonight. And that was the goal of an naacp earlier this afternoon. Red and blue. Names of black People Killed by police were read at the naacp rally. Justice, justice, justice. Reporter amid calls for justice and a request for alliship. White people, when they kill us, they think they are making it safe f
Fo really called our church this. From sky 7, you can see hundreds of drivers lined up patiently waiting their turn for pickup. Pastor kenny foreman says he has never seen anything like this before. Were going to be here for the long haul until we goat the other side. Second harvest of Silicon Valley distributes food through sites in santa clara and san mateo counties. The church is just one of them. We have so many people feeling so much anxiety right now, and so many people finding themselves for the first time in need of help. Across town at the san jose armory, Real Estate Developer urban community has brought together a network of business and Community Leaders to help form a new nonprofit called san jose ship kits. There is a lot of good people throughout that really want to make a difference. And weve got a lot of already. The group is distributing free medical, food and wellness supply kits by those in shelter in place mandate. Theyre really going through it. And to be able to
Not long ago was the vice president. I was second vice presd hugh was secretary. We were mentored by the great senioralhe did. Junior, i met later and had the privilege of marrying. Junior and his wife, elaine. They reminded me of thatlast ar and 40 some years now. That i moved to fairfield about 8 years ago and heard a gog on dr. Jackie. Dr. Jackie will preach the paint off the sanctuary. So i was there in fairfield and one friday night i came to the good friday services. At beaver memorial. Oh, wow she did leave some paint on the sanctuary but it was definitely a dynamic, electrifying message. So today, we are honored to have the Senior Pastor of Allen Temple Baptist church. The first elected pastor, a woman pastor, Senior Pastor of allen temple, reverend dr. Jaclyn thompson. It is great to have you. It is great to be here. Thank you for having me. Thank you for coming. Reginald liles, the deacon, brothers to brother, reverend long, had to make the contact. I know you are all over th