Paying more than 1 billion australian to settle a Money Laundering allegation, the largest corporate find never levied in australia. Tiktok drama turns another page, owner bytedance asking a judge to halt the ban in america, Chinese State media slamming u. S. Dirty trip u. S. 30 tricks. We heard from larry kudlow in the last few minutes, downplaying expectations we will be getting any more fiscal stimulus through the pipeline, larry kudlow saying he doesnt think the u. S. Needs another stimulus package and that they will be doing targeted measures only and need to be smart about this measures. This comes after course of fed officials, including chair powell, saying there is a long way to go for the economic rebound, we heard from several others, all saying there is further need of more fiscal stimulus to do that heavy lifting. And that comes after congress ended its pursuit of a bipartisan spending bill and are now focused on replacing Ruth Bader Ginsburg on the supreme expected thisin
Election delay. Another wave, the u. K. In france report record daily virus cases. Good morning. Session volatile yesterday on wall street. Action, s p 500 futures are in the green. Flat on the year on the index. Alongside 50 up 0. 5 asian equities. Dollar index had a firm week, little change this morning, but we are up or the 1 , biggest weekly gain since april for the dollar. Nymex crude getting a lift, 40 a barrel. U. S. Equities, a volatile session fluctuated yesterday erasing this years gains briefly. The jobs data disappointed on top of stimulus talks. Dani burger is digging into it for us. Dani anyone trading yesterday is suffering from whiplash. We did get the s p 500 erasing yeartodate gains, and today it 0. 5 , unclear whether we will get that are not. We had converging forces between hopes for forces, poor jobs numbers, and new housing data that was optimistic. Thing that might comfort about what we saw yesterday, we are getting close to a correction. We need to drop 0. 8 on
Mile visibility and santa rosa went from two to three. A little bit of a movement to it. Mostly cloudy and temperatures in the upper 40s to low 50s. Mid to upper 50s at the coast this afternoon while the rest of us hit the mid to low 60s at noon and near 70 at 4 00 and gorgeous evening on tap, reggie. Thank you, mike. Now to that warning from at least one San Francisco supervisor that says more citations might be coming our way if we dont follow physical distancing orders. Lets go to abc7 News Reporter Amy Hollyfield live along the theigns are out telngpeople ikayonhis. Look at the crowds this weekend. We have video from some hot spots, dolores park, marina green and the embarcadero. All popular sites around the city and these people are all hanging out like this while there is a stay at home order in place. San Francisco Police say they have issued two citations to people for not socially distancing. A supervisor is saying more could be on the way. We are going to start stepping that
Vicks sinex. Breathe on. Very close to the peak. The race of new coronavirus cases and hospitalization stabilizing across the country but the white house responding to new evidence top officials ignored repeated warnings and failed to act earlier at a high cost. If you had a process that was ongoing and you started mitigation earlier, you could have saved lives. Just ahead our live one on one with the director of the cdc. Direct deposit. The first wave of that badly needed stimulus money starts arriving in Bank Accounts this week and the governments potential new plan to restart the economy in some parts of the country in a matter of weeks. All that plus keeping the faith. Church services streamed online, family gettogethers over zoom and facetime. An unusual easter around the globe while millions tune in to see this aweinspiring performance outside a cathedral welcome back time for pop start extra special because guess who is bringing it to us . Amazing grace how sweet the sound, toda
Up. A day of mass protests in algeria against an election where in 5 candidates have links to the ousted president. A passing plea for me a mild leader for the worlds top court to throw out a case of genocide against the ring. There resoundingly victory for the british Prime Minister baraks johnson in thursdays snap elections securing an outright majority in the lower house of parliament its his conservative partys Biggest National win in decades and johnson says his government now has a powerful new mandate on brets it was a very different outcome for the Opposition Leader Jeremy Corbyn who admits it was a disappointing night for the party shortly will cross the laura scene wessons the 1st say this report from paul brennan. The 1st results came in traditional labor strongholds in ne in lent dramatically reduced labor majoritys seem to confirm the accuracy of the exit poll result bly valley became the 1st labor see to fall a 10 percent swing seeing the conservatives when their for the