Measures of the Federal Reserve is leading the way, after spending trillions buying Mortgage Backed securities, corn rat securities, Treasury Bonds all that sort of thing this is another arrow in its quiver that is not really been explored or to my ive been following these bites here, even explain what a main Street Lending facility will be, but the very talk of it did bring us off our lows. Again, just throwing that out there as one of the reasons why we dipped from down about 280 points to now down about 180 points. Lets get the read in the meantime about the worries for the Market Going Forward here, and that will be in another couple of hours or so, the president outlining his plans to respond to china, presumably on this crackdown going on in hong kong and throwing in their concerns the president has about how the chinese handled the coronavirus, something is up which has a lot of stocks that depend on trade with china down. Blake burman with the latest. Hey, blake. Reporter hi th
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Americans, over 300,000 people. Across the globe. And anno economic crisis that hs cost over 40 million americans their jobs. And in the midst of these two crises, we are now faced with yet another crisis, a crisis of anger, a crisis of racial division, claims thatme a pollig this country apart. This crisis is precipitated by the wrongful death of george floyd in minneapolis, minnesota. At this point most, if not all of us can have seen that horrifying video. Mr. Floyd, in handcuffs, face down on the pavement, incapacitated, not posing a threat to anyone, and a Police Officer with his knee on the neck of mr. Floyd, pressing down hard on the neck of mr. Floyd, and keeping that knee there for eight long minutes. Mr. Floyd bags with the officer, pleads with the officer, says he cant breathe. And rightly, following what happened, the u. S. Department of justice opened a civil rights investigation into the Police Officers conduct and also, rightly, i believe, the local prosecutor opened, be
Sonoma county. Little step. Were getting closer every day. Reporter in santa rosa, next bay area news. Most of the bay area as we mentioned is now easing restrictions and to different degrees. It is hard to keep track whats happening where. We broke it down in this manner. Three counties in the north bay already in faze 2, snoen, napa. Limited manufacturing is now open and the counties are finalizing their dine in option plans. Take a look at the next group, this group. They are going into phase two next week. Monday and tuesday. Marin, San Francisco, san mateo, that transition happen on monday. Alameda county and contra costa say that will happen on tuesday. Contra costa also says lit move to stage two, i thought it was tuesday. They say they are still not sure yet but the tentative date is tuesday as well. So if you live in one of those counties this is going to happen next week. They are going to open some retail for Curbside Pickup and some other businesses will reopen like manufac
Manufacturing is open and the counties are finalizing the dinein option plans. These are the counties moving in phase two next week. Marin, San Francisco, san mateo counties transition monday. Alameda county, tuesday, and contra costa, did not give a specific date. Retail will open. And curb side pickup and delivery. And you still have to maintain your social distance and you are required to wear a Face Covering. Its mandatory in most players, and Santa Clara County, no restrictions are being eased be and the county says it has no date at the this moment. San mateo county has been behind when it comes to reopening but its about to to catch up. Financial necessary news for mom and pop shops december prets to reopen their doors. Here is a preview what is to come monday. Reporter while some coffee and pay tries are served, traffic is still slow along santa cruz average. Were getting to open up the economy. Reporter starting monday, San Mateo County will allow curb side delivery for Retail