Thinking about over the weekend . Next week, which is going to be just gigantic we have everything from ibm, we will bookcase ibm on monday and American Express on friday, both will be challenging and i think they could determine things. Carl, i have to tell you, 8 30 santelli comes on and gives you that housing start number, then diana talks about how there are not a lot of houses. I sit here and i think the fed has done a magnificent job, what can they do . They can take rates down to the point where, yes, maybe jpmorgan doesnt make as much money, bank of america certainly doesnt, but people are buying houses and thats whats been working in the stock market this week is the housing trade the lows, the home depot the deere small tractors, that stuff has been flying off the shelves and thats exciting. It was not, of course, the cloud, saas stocks and cybersecurity. Theres always a bull market somewhere. Right weve been taking note of all the upside reannouncements today. Today its daim
Process is dominance of government the parliamentary process is dominant of government, completely opposite of what we see in the United States, but it is really all the same thing, governments coming to the rescue of economies that are simply shattered. Francine yeah, and we dont know if there is a second wave or a specific lockdown coming our way as well. Lets get to first word news in new york city with ritika gupta. Ritika good morning, francine, tom. The u. S. Is pending planning a one a Virus Testing resurgence. Testings are being sites are being set up in louisiana and florida. They could provide a clearer picture of how the coronavirus is moving through the population. Officials are weighing how far to go in reopening the economy or rolling back steps already taken. In brazil, president bolsonaro is defending his approach to the coronavirus despite the fact it has killed tens of thousands of brazilians and left him with the disease as well. Bolsonaro has called the virus a litt
Cofounder and director of the institute of human virology at the university of Maryland School of medicine. Vaccinesses potential and treatment for covid19. Washington journal for april 29. The Treasury Department reports 158 billion in stimulus payments have been paid out in the first three weeks. Host the Department Reports secret service, survivor disability nonfilers should have their payments direct deposited by today. In our next hour, we want to hear from you. If you either requested or received federal or state financial help because of the coronavirus pandemic. Whether that be stimulus payment, unemployment assistance, help with rent, or help for your Small Business. Heres your chance to let us know about your experience in this next hour. If you requested aid, 2027488,000 is the number to call. If you received aid, 2028001 is the number to call. You can also section us at 2027488003. Tweet us cspanwj. Post on facebook at facebook. Com cspan. Stimulus checks as they are known
Governor newsom gave several updates on californias fight against covid19. Among them the number of desperately needed shipments for testing kits and medical masks. I want folks to know that we have already distributed 24. 2 million n95 masks in the state of california. That is significant number. Its still insignificant to meet our needs. Here are some other headlines from the governor. The state has secured 100 million new n95 masks to be sent out asap. 100 million. As well as other gowns and face shields. 150,000 new test kits are being sent out from state labs. California has tested nearly 67,000 people. Of the more than 2500 positive cases, 51 of those are between the ages of 18 and 49. And more warnings from San Francisco officials for people to continue to stay home to stop the spread of coronavirus or slow the spread. Mayor breed sent letters to Governor Newsom and Vice President pence asking for more personal protective equipment, ventilators and hospital beds. We estimate tha
A look now at challenges in the property Insurance Market. Witnesses discuss marketplaces and insurance providers leaving california, texas and other states. This hearing held by the Senate Banking financing in urban affairs committee. The committee a banking, housing and urban affairs come to order. Looking back witnesses who have been here before and welcome colleagues and staff. First hearing obviously posed labor day. A few Financial Decisions more important than buying a home, homebuyers making an investment in themselves, their families, their communities. It is an act of optimism and also stressful. Families have so much to think about, making sure they are covering the down payment, navigating the mortgage and closing process, catching up with the new school if they have children. Buying Homeowners Insurance has always been a part of that process giving families peace of mind. Homeowners are confident their premiums are a backstop against devastation that could ensue if the lar