Indefinitely, but we do have a road map laid out to reopening the city thanks for being with us tonight at 8 oclock everybody im grant lotus and im Vicki Liviakis it could be another month and a half before Indoor Dining and hair salons can reopen. Mayor breed says the city hopes to allow certain businesses and activities. To resume over the coming weeks with modifications said tonight there are new stricter requirements about when you have to wear a Face Covering when youre outside your home kron fours dan kerman reports every single day im fighting to give you more at a News Conference thursday, San Francisco mayor london breed laid out San Franciscos roadmap to reopening we want to continue to make sure. Were getting you for what we know is to come. The mayor announced by june first the city could expand the first part of phase 2 allowing additional childcare Botanical Gardens outdoor museums and historical sites by june 15th schieffer see shoppers being allowed inside Retail Stores
Radar is already detecting lightning out there. Were seeing the leading edge of the showers just now starting to come in to the north bay. You can see theres plenty of rain out here. So this will move across the peninsula, south bay, and east bay really over the next few hours. So youre going to notice the rain between now and sunrise. Really moret, us into t night urs. You can s band o if somes coveraf rain happens while were sleeping, as we get into tomorrow, there is still one final phase of this. That says 11 00 a. M. There are spotty showers on here. For monday theres a possibility for an isolated thunderstorm to crop up. Well talk about that. And would you believe theres a winter storm warning in the sierra right now . Were going to talk about all this in the complete forecast in a few minutes. In less than 12 hours, three more bay area counties will begin relaxing their retail rules. San francisco, marin, and san mateo counties. How retailers in different counties are getting re
A dozen seriously injured. The first named storm of the season set to hit the east coast today. Were tracking its path. Early today starts right now good morning, we are just one week away from memorial day. Much of america is charging ahead with plans to reopen this week despite fears of another wave of coronavirus. More than 90,000 lives have been lost to covid19 in the u. S. As we approach 1. 5 million confirmed cases. At least 270,000 patients have recovered. During an interview with 60 minutes, the Federal Reserve chairman say the economy may not fully bounce back without a vaccine. Assuming theres not a second is wave of the coronavirus, i think youll see the economy recover steadily through the succeed half of this year. We cant fully recover until people feel confident. Industries Like Airlines and sporting events will face big challenges, but he also says he doesnt see economy entering another depression texas reported its single the day spike in confirmed cases on saturday ad
Remain independent. Economy ts, the global takes precedence over the geopolitical tensions between the u. S. And china. The price of the bailout. Brussels set its criteria for backing the state aid pac package from berlin. We are just under an hour away from the start of cac equity trading in europe. Ets take a look at where the u. K. Markets were closed yesterday. They didnt get that take part in the risk on rally that we saw across the continent. We also see u. S. Equity futures rising. U. S. Cash trade was also closed yesterday to honor the memorial day holiday. As a result we see futures in new york up about 2 on the dow and nasdaq futures as well as s p futures up 1. 8 right now. Lets get your first word news. Here are todays top stories from the bloomberg terminal. Once a virus hot spot in europe, italy reported the fewest cases since february. Below 100 for a second day. The global death toll tops 340,000 with 5. 5 million cases confirmed. In england, Outdoor Markets and car sho
Results for its vaccine, phase one trial in humans. Weve got a lot more on this coming up in just a moment. But this is a very positive development. When this was announced the stock rally that had already been in place gained a lot more ground. One more positive indicator for you. Thats the price of oil. We are back to 32 a barrel. We are driving again, we are emerging from a lockdown, demand for gas and oil up and up goes the price. Key indicator. Now, look at this weekend. All across the country, people were out and about, enjoying the weather and enjoying their freedom, too. There has been some relaxation of lockdown rules in 49 states. Connecticuts the lone holdout. They open up in just a few days. Bottom line, the economy is opening up and in most places, people feel willing to shop, eat out and socialize. Its hard to see how the authorities can reverse course and clamp down all over again. The genie is out of the bottle and the Moderna Vaccine news is the icing on the i can kcak