Jones industrial average up 16 points but its the nasdaq thats breaking out of 88 points on the nasdaq this morning and s p futures up 4 and 3 quarters staff largest Economic Contraction in u. S. History yesterday, another uptick on unemployment claims push selloff i didnt do, the dow industrials at the close yesterday still the dow, nasdaq and s p 500 on pace for fourth straight month of gains with industrial up on final day of july. Economic recovery, where is the economic recovery headed and what can the fed do to support it . Coming up at 8 10, chief investment offer rick is here and you dont want to miss valuable insight and commentary stimulus stale meat, still no deal with extra unemployment expiring today. President trump does not want to see election day move but also does not want to see fraud. U. S. Appeals court said to reconsider dismissal of his case. Coming up 8 30 a. M. Congressman jim jordan will weigh on latest moves on flynn, the congressmans fiery take away as well.
Reopen until they are able to reduce their number of cases for 14 consecutive days. Lyanne melendez with more on some other guidelines imposed by the governor. This is exactly what Many School Districts in california were hoping for. Some type of mandate. Not recommendations. Many had argued that recommendations or guidelines dont always work. The one thing we have the power to do, to get our kids back into school is look at this list again. Wear a mask. It was a plea made by the governor to try to reduce the coronavirus surge in california that has now forced many schools to go back to Distance Learning. Until now, districts were deciding how to reopen schools, putting them in an awkward position with parents and teeflers. Newsom took on thates isin a new ndate. Can physicallytion wn tty thatn has been off our monitoring list for 14 consecutive days. With the exception of san mateo, every county in the bay area is now on that list. San francisco was added today. San francisco unified
News about the pandemic, the confederate battle flag and police brutality. Denied bail, the judge decides Ghislaine Maxwell is a flight risk after hearing pleas from two women who say she helped Jeffrey Epstein kidnap them. How marines are fighting the coronavirus with an Intense Research effort that could help all americans. Like the sound of that. First, here is todays eye opener. Its your world in 90 seconds. If you look at the magnitude of the 1918 pandemic, it does have the makings of the possibility of being, you know, approaching that seriousness. The director of the cdc is warning that fall winter will be among the most difficult for Public Health in u. S. History. Over the last couple of weeks, you keep talking about cases. You dont talk about death. We have one of the lowest mortality rates in the world. Joe biden unveiled a 2 trillion plan to fight Climate Change and create jobs in the postcovid economy. Open everything now isnt a strategy for success. Its barely a slogan. A
Confederate flags. The response from wallace and criticism from one of the president s closest allies. Sidelined. Well take you inside the new cases and testing problems that threaten to delal plans to bring back sports. Say it aint so david jol from 5 in midmay to 20 . Hospitalizations are rising. And the outlook in many areas is woerns i worsening. We have recordbreaking cases. We are knee deep in the first wave of this. Hes facilitating the virus. Hes enabling the virus. How did this become a political statement . President donald trump is calling out nascar driver Bubba Wallace and questioned nascars call to ban the confessderate flag. A white woman who called the police during a videotaped dispute with a black man in central park was charged with filing a false report. A black man says he was attacked and threatened with lynching saturday night in bloomington, indiana. Please let him go. Were going to as soon as you let him go. In the history of sports, pat mahomes gets a tenYear
We are ready to go now. Take it all for joining the first remote hearing of the subcommittee on select revenue measures. We find ourselves in challenging times as evidenced by this new method of conducting Community Business in accord with the Public Health and safety recommendations. But the challenges we encounter here in congress are small compared to what i hear and see and what i am sure all of you here and see in our communities. Im glad we can move forward into the work that our constituents need given the difficult economic situations in which so many find themselves. The covid19 recession has laid bear the economic struggles of millions of American Families with almost no warning the shutdown claimed tens of millions of jobs, and American Workers and families felt the ground ball from under them. Many had been just barely scraping by and unable to save much for a rainy day, and the sudden loss of income has left them nothing. Food banks are Unprecedented Demand in the country