Continued spread. As some students attempt to return to campus. Colleges and universities in 37 states have been hit by coronavirus more than 25,000 cases and counting at the university of missouri more than 420 students have active cases. Officials at Utah State University say theyve discovered evidence of the virus in a different way in waste water samples collected from for residents halls on campus. Prompting mandatory testing in quarantine for students living there University Leaders in illinois say they are working to stay ahead of the Virus Testing everyone on campus often with testing that if twice a week everybody faculty staff of which actually a lot of asymptomatic areas just as doctor blix said in that in that age range. So we put them in what i like to think i was comfortable isolation, the need to be working with Public Health authorities where they can continue their studies and they have food and they have all the medical attention on daily bases and anybody whos be exp
Things where its always on the horizon, were about to do it. I think they will do it. That will take a huge uncertainty out of the way, usmca, nafta 2, getting that out of the way. The other thing to avoid is a trade war with europe over auto parts and imports. With all the optimism, bank of america said 68 of managerses think the markets going to be good. Thats usually a bearish sign. Lauren i know. When everyone starts saying things are so good, mitch, you study this, you know the stock market, does that mean you should go in the other direction. Not necessarily. Think about what happened last year. We were worried about the fed raising rates. This year the fed lowered rates three times. The markets are sending them a message, saying we like lower rates. I think fed talk will be the thing to look at. I would look at corporate earnings next year. Baked into the market this year is the fact that next year will be a good year for earnings. Last year was a meh year for earnings. Lauren i
One of the greatest teams in sports history. U. S. Womens National Team defended their status as International Champions winning the world cup in france. They str a battle waiting for them when they come home. The broader impact of the win and it thrilled fans. Fans went wild across the bay area today. We have a soccer game going on right behind us. Te usa won its fourth title today. Yet the players still arent paid as much as male players. Soccer fans cheering on team usa as a watch party at San Francisco civic center. This is epic. Beautiful. Love the women team. Its nerve racking in the beginning. To see the team win. Usa. With everyone on the line vs. The netherlands. Team captain scored this penalty kick in the second half. Minutes later. Rose lavelle scored to put the u. S. Ahead. Coasting to victory. They own the stage. They showed up to play. Thats what they do. They dominate and destroy. A watch party at a stadium was rocking. Im so happy that my favorite player rapinoe got th
A three alarm fire burped two homes. Firefighters are still working on the scene. The fog is returning and marine layer expanding and we are expecting drizzle. The details when and where on the accuweather forecast. Fake videos are everywhere. How a grad student is working to distinguish the real news from the fake. Abc 7s startsht now. He tried to put it out with a garden hose. It was too intense. A fire that turned for hours causes a home to collapse. One homeowner is desperately searching for her pets. She said Everything Else is lost. Im eric thomas. That fire was reported on old rogers ranch court. Luz pena has the latest for us. Luz . Reporter at least seven residents have been displaced. You can see behind us, the two homes are completely destroyed. Both roofs collapsed and they spoke to the homeowner. The blue houses. She lost more than just the house, but many memories tonight. Engulfed in flames in a matter of minutes, the two homes were destroyed. I lost my husband seven yea
Gear what they just did thats getting a lot of buzz today. Then, watch out verizon. Why Silicon Valley may be asking, can you hear me now . Well explain. It is monday, july 8th Worldwide Exchange begins right now. Good morning and welcome to Worldwide Exchange im dominic chu. Brian sullivan has the day off futures right now are lower, but theyre off the worst levels of the session. Well have more on that coming up but first, to our top story this morning. One of the Worlds Largest banks announcing a massive overhaul. Deutsche bank is pulling out of its globals equities in sales and trading business as part of that move. Its an 8. 3 billion Restructuring Plan the german lender is also slashing 18,000 jobs across the globe. Cnbc is in germany in frankfurt with the latest. Why are they getting out of the stock, sales and trading biz and what are the plans reporter actually, Deutsche Bank has had quite many years now of low profitability of losses and on going problems to stay competitive