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Part to some financials like capital one, comerica, synchrony, discover, and wells its self up 7. 5 all session. Up sevenfargo itself point 5 all session. After the initial jobless claims data, a little move in treasuries, now at 61 basis points. Stimulus stems the effect of the covid19 crime is might be infamous, according to mike mayo. He writes in the shortterm, that the potential for wave after wave of support for the economy and unemployed workers. That plus an outlook on banks, which he says show a [inaudible] right now. Lets welcome mike mayo, wells fargo senior analyst. You talk about contradictions in banking right now, one of them being the present versus the past. What do you mean by that . , banks are treated as if it is 2008 in the middle of the Global Financial crisis. Night and day difference for the banks. We do see a contradiction. Today, banks have double the. Mount of equity over 50 more liquidity. They have gotten out of the most risky activities. It has oversight b
Illicitly found their way into the united dates. He gave no further details but Administration Officials say the focus will be on the million plus immigrants who have ignored final deportation orders. I can tell you the ice agents will be excited about being able to go out there and do their job. And if they needed need assistance there are also other agencies going to help them. Reporter other officials in the tweet caught ice off guard and they had not anticipated that he would announce the raids before they began. Most begins say they are standing behind the president. It is a real crisis and it is a crisis on the immigration front, it is a crisis regarding Human Trafficking and with regard to drugs so we had to do something. Reporter democrats point out there are more illegal crossings than ever before and it the president is trying drastic measures that are not going to work. You the highest ranking officials within the agency, within csi s and Homeland Security and they have said
Working partnerships usa applauds the tech giant. The Technology Industry and go google here as one of the first is beginning to recognize their responsibility for the housing crisis. They have contributed to rising rents. They have contributed to overcrowding and displacement. Reporter they plan to establish a 250 Million Investment plan to build 5,000 Affordable Housing units across the bay area and spend 750 million to build housing on its own land, but that may require rezoning to residential. Its up to negotiations and discussions, not just with google but the community and the council. Reporter sam liccardo say the as google gets ready to build a mega complex for 20,000 employees in downtown san jose the company has made it clear that any housing it builds will be offered to everyone, not just google employees. Google ceo says the goal is to build a lot of these new homes in the next couple of years, but there are a lot of moving parties here, environmental review, possibly rezon
Make a dollar on a pack of cigarettes with the 84 sent letter tax imposed for tax. Cigarettes alone cannot pay the 6600 a month lease for the space. Most likely it will killed all the businesses. I already told my landlord. With this kind of ban i have to close my business. Reporter the first the reading of two ordinances would ban the sale and manufacture of e cigarettes and services go passed unanimously but not without serious concern among the board of supervisors for Small Businesses. I think we definitely have to be setting down to talk about how the impact, i do not want to see one momandpop store close. Im concerned about the impacts on the legislation on Small Businesses, especially our corner stores, markets and liquor stores. Reporter the sponsor of the vaping band says Tax Exemptions could be coming to Small Businesses as a means to provide relief. We are introducing a resolution pretty soon that is going to formalize a working group with Small Businesses so we can work on