Coronavirus confirmed in the u. S. New york, new jersey and connecticut are banning all gathering over 50 people and closing dine in restaurants and bars following that recommendation from the cdc. U. S. Airlines are seeking 50 billion dollar in government assistance and if approved, it would be the industrys first broad bail out since after the september 11th attacks we have full Team Coverage this afternoon. Bob is monitoring conditions at the new york stock exchange. Rick is out at the cme watching the bond market. Bob, well begin with you. Third trading halt in the last six trading sessions. Thats this morning after the open 9 30 or so. 15 minutes the s p down 7 these trading halts have, at least, served to slow the markets down a little bit and do bit put a bit of a break on things well keep an eye on that. Were continuing to see this bifercation in the market. Health care and staples are out performing this has been the trend since thursday here. Market gainers, if you look at so
Low 40s. 43 in San Francisco and oakland. 40 sfo. 30sfrom redwood city to the Santa Clara Valley and mid40s around the beaches. 30s north of the Golden Gate Bridge just above freezing in santa rosa. You know its cold in occidental and healdsburg, guerneville all at 32. 39 in concord and antioch. Satelliteradar a few clouds stacked up next to the coast not going to make it in here today. We have sunny skies slightly below average temperatures. We should be in the mid50s at the seashore. Rockaway beach today in the low 50s with that High Surf Advisory allowed to expire. Sunny skies 50s common around the peninsula. 57 degrees downtown san jose for one of our outside numbers. Meanwhile east of the bay the numbers into the mid50s. Good morning to you in pittsburg through bay point in the mid50s. 54 in fairfield through rio vista. North bay from 50 degrees in Stinson Beach but you can see forever all the way to the farralones for sure. We have unlimited visibility, blue skies, 54, just love
Intrensic value column. He has written several books including origins of the crash, the end of wall street and tonights topic of discussion Americas Bank he let me know there is a great review of it coming out in the Washington Post tomorrow so we can read about that tomorrow. He has three children and lives with his wife in newton, massachusetts. Please join me in welcoming roger lowenstein. [applause] debra, thanks very much. A wonderful introduction. I am glad i dont have to talk about dinosaurs. I dont know much about that. What im going to do is mostly talk to you and read you passages as well that i mope High Pressure c hope conveys the drama of the story. This was my first history story. It was the most exciting project i have been in. The people i wrote about reminded me of people on the scene and the book is full of stories. Last night, anyone who saw the republican debate, you saw rand paul came out against the Federal Reserve and tasaid ther is no point in having a Federal
Become the adviser and then the transition in your mind to be much more precise how does that workout at home . How did they react to someone who has to talk that way . I a big kiss by my wife to quit talking like that at home. I dont do that necessarily. [laughter] but it understated and that pressure. My home life was a tremendous relief and my wife is good at giving me the oasis or the sanctuary to think about Something Else for a change. Is added page 42 you talk about the bookie were riding with the call that changed your life to be appointed to the Federal Reserve you were working on a book called the age of delusion how politicians and big ears created the Great Depression and. What will the next call, what title would they give to a similar book describing the lead up . Probably Something Like asleep at the switch your too complacent now wind of the aspects that they is looked stable overall. With that housing eland mortgage sector but it depended on shortterm debt that led to
Victims lived kron 4 family turner is live at the mass for Esperanza Morales and 14 month old daughter reporter and as you can imagine is a very somber evening here both a gathering dust outside of the church the be heading over to of vigil is still hard for all of the family. Reporter little bit later tonight it will be hosting an allnight vigil in the tense the to see behind me to say their final farewells in full before they had often manic mexico Emily Turner Kron 4 news pam moore the man arrested in connection with a deadly crash of livermore is 35 your brian jones he was in Court Last Week but his arraignment was postponed until may 22nd the District Attorney has yet to file formal charges against them and jones is currently out on bail that our rates family members who confronted him outside the courthouse. Police say jones was driving while drunk when he lost control of his corvette and slammed into the mother and child at the mary at boulevard Apartment Building where the fami