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All of faang higher with names like paypal up 5 today. We have two bad final hours of trade over the last two sessions and we have sold off over the last couple of hours off the session highs as we stand. Ahead on todays show, well speak exclusively with Thomas Barkin on the heels of another massive jobless number why he says we may be at the bottom of the downturn he just said that on a podcast about an hour ago. Plus, former treasury secretary, jack lew, will join us to discuss the governments...

Officials caution that those next steps must be Done Gradually thats right and tonight there are nearly 8,000 confirmed cases of coronavirus here in the bay area and 280 people have died from the virus. Alameda and Santa Clara County both reported new deaths today. Santa clara continues to lead the bay area with more than 2000 covid19 cases and 107 deaths today, the shelterinplace order that affects most of the bay area was officially extended through may 31st. The new order largely keeps the ex...

The last halfhour or so. The morning started out on a grim note with initial jobless claims very close to 3 million once again. Of smallerixth week jobless claims, but nevertheless , at those rates, it is still pretty dire. The dollar index is stronger today. Weaker euro and weaker sterling, too. We continue to see gains in the oil patch. 37, and brent crude trading above 30 a barrel. Governor Andrew Bailey also seeing the bank of england is not currently considering lowering Interest Rates belo...

Hardpressed drillers . We will ask. Now we are quoting the next contract for june delivery. The price coming in at, where was it moments ago, what was it, 15, 16 a barrel. The president will fill the Strategic Petroleum reserve with up to 75 billion barrels. That helps storage capacity. But it makes no impression on collapsing demand which is at the heart of the oil price problem. A lot of people expect that that price, the one we see right now, what was it, 16, 15 a barrel, expect it to down fr...

Until the rain sets in. Best chance after the noon hour in the north bay and slowly spread south as we head into the afternoon and evening hours. It will take likely to get deep into the east bay valleys and into the south bay. Notice the temperatures warm up until noon and once that rain cold air gets in and we drop out of getting into the 70s and 50s and 60s for the afternoon. One on the storm impact scale and ill expand upon that coming up. First, heres reggie. Mike, well see you in a few. We...

President yee good afternoon and welcome to the april 21, 2020, meeting of the San Francisco board of supervisors. Madam clerk, will you please call the roll. Clerk thank you, mr. President. [roll call]. Clerk mr. President , you have a quorum. President yee thank you. Everybody, please place your hands over your heart, and would you please join me in reciting the pledge of allegiance. [pledge of allegiance] president yee thank you. Supervisor safai supervisor safai is present. Clerk thank you, ...

Texas green lights more businesses to get back to work but some Health Care Workers worried about a spike in infections as hospitals in houston use virtual icus to monitor covid places. And across much of the country cases still rising. Newly released cell phone video showing this 25yearold unarmed black man out on a jog being chased by two white men in georgia, shot to death in the middle of the afternoon. The men not arrested. The d. A. Now sending the case to a grand jury. All action on hold ...

The group will hit higher in the third quarter. The question is still out how long it is going to last thats the real question we spoke to the former Vice President of the ecb as the central bank chief said she is undetoured by the Court Decision another member tells us the decision could have unfortunate consequences this could infringe in the end of independence of the ecb im not sure if it is laughable or serious and dangerous reassuring the markets and instability amid the outbreak in the pl...

So bad that were going to be debating whether were in a serious recession or depression. We have pockets, though, of strength Like Technology and health care. But those pockets cant offset a very weak backdrop, can they we saw it again today. The dow lost 218 points. The s p 500, it tumbled. 7 . But the techheavy nasdaq also had the darn gall to rally. 51 , and was up a percent most of the day. Oh, the indignity. If you make technology that helps businesses cut costs by firing people, or having ...

21. 5 Million People lost their jobs in april. Oil prices have also been higher last check of wti saw it just above 24. Thats a began of about 3 that link between oil and stock market futures has been strong too. It has been very, very strong it is interesting. It has been strong on the way up the question is was it strong on the way down it is interesting to think what has been driving what . It has been stuck here. It is up 11 the next morning it is 26 and then 23 again. At the end of the sess...