Page 10 - Money Program News Today

New total to a staggering 17000000 filing for benefits due to the mass layoffs in the nation well tell you all about that and more coming up all right its time to boost your use i q. A little rotavirus is everywhere around the world but so is hunger take a look at this you are looking at about 800. 00 cars just outside of pittsburgh waiting in line for hours to pick up just a weeks worth of food at their local Food Bank People are struggling and now the food banks that are there to help them are...

President pence and the Coronavirus Task force. The briefing was supposed to start at 5 00, but is running late. Kevin mccarthy also held a Weekly Briefing by phone. Good morning. Thank you all for joining me. I hope you are safe. Before i begin, i want to pause for one moment and use this opportunity to extend my deepest condolences to every family in this country who is morning a loved one right now. Almost all of them are not even able to be with them in their passing. And to grieve now and h...

Clouds, cooling inlet will continue with temperatures in the 50s under cloudy to mislead hottest guys, livermore 52 in san se 55, concord and livermore and fairfield will drop into the 60s, 63 to 65 so pretty consistent. A couple of issues right now so lets get right on over to sal castaneda. We have two deadly crashes in the bay area right now steve. One is on 680 unpleasant and at burnell road on southbound society involving a big rig and another vehicle in a crash. You should avoid the area a...

Mr. Mcconnell so, mr. President , earlier today, leaders in both chambers and the administration reached a bipartisan agreement to supplement the historic cares act. At the core of our agreement is 320 billion more for the paycheck protection program, which is already saving millions of Small Business jobs and helping americans get paychecks instead of pink slips. Mr. President , this is even more money than we had first requested a while back. In the intervening time and at our request, this ne...

This is just before broadway. The crash is blocking several lanes as you go northbound to 101. Now, you can get around using 280 orb the rial and get on the freeway after the broadway. Then you can go up and this is not affecting traffic on 280. Thats a good alternate. The bridge is looking all right as you go to the highrise and no major issues. Its 6 01. Back to pam. Thank you, sal. Starting this morning everyone must wear a face mask in public or risk a misdemeanor charge. Several other bay a...

There it is with the gains now approaching for netflix 5 lets get to bob for more on this big market rally. Bob. Its hard to believe but we have retraced 50 of the losses in the s p 500 from those numbers about towards the end of february towards the end of march 23rd that was the lows. We traced 50 of those lows. The biggest ones out there microsoft, apple, amazon, google, facebook this is more than 20 of the s p, these five. Apple shipped 2. 5 million phones into china last month. That was muc...

Eight today have enough test to implement the criteria and phase one if they choose to do so. Chris we will discuss the new federal guidelines with governors will be empowered Vice President mike pence and to tailor an approach that makes with Small Businesses bearing the brunt of the economic the diverse circumstances of their own states. Shutdown, congress negotiate the deal to save them. Every state is very different. We will ask house chris President Trump Speaker Nancy Pelosi how close anno...

Ofning are you supporting the governor of georgia . Pres. Trump i am supportive of the view each state needs to make the call itself. Social distancing incidents like nebraska, a lot of the economy is at a place it is easy to social distance but in new york city it is hard. There is a new study that shows the disease path in new york follows subway routes. I think it is a local decision when you can open up because social distancing that will keep you safe is possible. One of the things we have ...

Says the economy will take off quote, like a rocket ship when it reopens. The questions, though, are when will that be and what will it look like. The market is asking those very same questions as it searches for direction this morning. More green on the screen but again, markets want to know how much economic damage has been done. Meanwhile, moodys says economic output fell a staggering 29 in the first week of april. That is compared to march. That is the first full week of true social distanci...

Were not seeing that, but im looking at tech stocks we are seeing still dramatic moves, pintrest up about 10 shop fie up about five the market faded gains yesterday in the 10 00 hour bounced back by 11 00 and close we were about flat you never know which way that is going to go, right, morgan thats true, jon. We have averages up about 20 off the march 23rd lows. One of the questions being debated on wall street right now is are equities ahead of reality . The focus has been for investors for the...