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The worst vics from the , to today. It is certainly better today. Francine here is ritika gupta with first word news. Ritika there has never been a month as bad as april for the british economy. Gdp fell more than 20 as the coronavirus lockdown took hold. On a threemonth basis, economic output shrank more than 10 . The imf says the Global Economy is recovering more slowly than expected from the coronavirus. The fund expects it will have lingering scars from the experience. The imf will release economic with injections june 24. It expects them to be worse than the last forecast in april. The im...

It was remarkably tame. The first thing i did was look at the bloomberg terminal to see if we could find some of the technical work. This morningned me is the reaffirmation of the in some form of recovery and enthusiasm for stocks. Later by ben laidlaw who is optimistic. Jonathan the s p 500 futures looking optimistic this morning, up 1. 5 . 1. 9 . Look at we have a look at what the markets will look like. Will it be sequential we can we can provement or will recovery . We have been trading on the former. We got the gut punch reminder not to forget about the latter. I think it was a letter tha...

Happy may day. Thank you for joining us this afternoon in helping us make this program a great success. We have had over 350 people register for this from across the country and from places as far away as japan. I think it is about 4 00 a. M. In japan, so im not sure if that person made it, but still impressive that program has that much reachle i has that much reach. I would like to extend a special welcome to anyone who might be attending Virtual Program for the first time. Considering the size of the virtual crowd and the geographic spread, im sure there are some that are interacting for th...

Of essential workers and whats available. What we plan to have this summer and what people can do to either sign up or what other programs to do to prepare under the new guideline for the programs that they want to make available to people. So, lets get started. Phil, you we hit the ball running, both you and maria su got together because we knew the schools were going to close. But we also knew that there was an essential workforce out there. People who were driving muni, people who were working at hospitals. They had children. They needed child care. They were concerned about taking their ch...

Clerk. Can you please call item number one . Yes. Item number one, hearing budget process and updates for fiscal years 20202021 and 20212022, hearing to review the budget process and related updates and requesting the Controllers Office, Mayors Office of Public Policy and finance and budget and legislative analysis to report. Public comment should call the number and then press 1 and 0 to line up to speak. Thank you very much. And today we have ashley from the Mayors Office. Kelly kirkpatrick is also available to answer any questions. Also, mr. Ben rosenfield, our controller, can join us for a...