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Coronavirus killing at least 779 people in 24 hours e pandemic deadliest day again but hospitals, icu admissions and infew bases are yorkerto kp cialurging new distancing as passover begins. We have to beat it back, not open the door again to early, for it to resurge and hurt so many. Reporter there is growing scrutiny whether state and local officials were slow to act other cities in california and Washington State adopted stricter stay at home measures and closed schools sooner. I think new york was early and i think the actions we took were more dramatic than most and frankly, were criticiz...

Investors. What do you make of these dynamics taking place in the market you know, it makes a lot of sense personally if youre concerned about your health to take precautions for your family to avoid risk. In financial markets, you should not be trying to avoid risk at times when prices are incredibly distressed if you look back to the financial crisis, we thought the Financial System was going away. If you look back to 9 11, you thought society was permanently changing you have these moments of stress where investors, because of uncertainty, say now is 250itim protect our portfolio, when in r...

We want to begin with the brand new numbers overnight. More than 3,200 confirmed cases in the bay area and Santa Cruz County with 86 deaths. Sonoma county is reporting five new cases, pushing the total to at least 105. Santa clara county continues to be the hardest hit with more than 1,000. San francisco and san mateo counties are closing in on 500. To the north, mendecino county reports four confirmed cases now. Lake county still reports no positive cases and even further north, humble county is reporting at least 40 positive cases from the virus. The big headline, as you begin your weekend w...

Gusty winds and some heavier downpours, the possibility of a thunderstorm. Right now, it is 34 in santa clara, dry conditions, 42 in mountain view, 47 in novato. We are expecting the rain to arrive, probably about 8 00 in the north bay. 10 00 here. Rainy conditions. They overspread the bay throughout the afternoon. 3 00 in the 50s. Its a cooler afternoon. Little bit of a lull tonight before more rain and the core of the system arrives tomorrow, sliding down the coast. That will bring more unstable air, heavier rain. Well talk about amounts in a few minutes. Liz . Lisa, thank you. We begin with...

Against shortterm Municipal Bonds. Banks buy them from money market funds and then can get loans aga against them at the Federal Reserve, to address strain in another market, 3. 8 trillion market for state and local government bonds and airport bonds, all kinds of stuff in there. Only a part of that is eligible for financing at the fed these are assets that were held by money markets and money markets have been shedding assets in part because theyve had draw downs from corporate borrowers andenutional borrowers seeking to raise cash. Part of the seizing up of the financial system, the fed tryi...