Benefits, is this the fabled v shape recovery that so many people were hoping for well, thats what the markets saying even as the average didnt do much, dow inching up 12 points, s p climbed 3. 4 , nasdaq losing 6. 4 see, thats the problem. I think were looking at a vshaped recovery, but its a vshaped recovery in the stock market and that has almost nothing to do with the vshaped recovery in the economy. Prosper when you look at the nasdaq 100, the tech heavy index that hit an alltime high today, it doesnt seem indicative of the broader jobs picture airlines and hotels and casinos put in the less bad catery, less bad a than we thought, a trend that could last people do fast gaming. It does peter out. Its musical chairs. How can the market rebound without the economy . Because the market doesnt represent the economy. It represents the future of big business the bigger the business, the more it moves the averages and that matters because this is the first recession where big business alo
Protesters marched to Police Headquarters near downtown, they expressed anger over the killing of george floyd and called for justice. For a time, group of demonstrators stood in a line, right across from a line of Law Enforcement officers at eighth and broadway. We did not see any confrontations from advantage white up high. Hundreds marched through the streets of downtown san jose. Most were on foot, some on bicycles. At times, the protesters were weaving in and out of traffic on east santa clara street. It was a heavy Police Presence in squad cars and motorcycles. About one hour ago, police began enforcing the 8 00 p. M. Curfew. They did detain a group of people in front of city hall. We have no word on how many were arrested. A san jose native and pharmacy owner is speaking out today after his store was alluded. He said he had been serving the community during the coronavirus pandemic. Now, he has to tell his customers that their vital medications must wait. Azenith smith joins us
Explosion of a small propane tank at 415 in the morning. We heard an explosion in the fire just burst out of the building. All i heard was a big bang. And it was just, it made it loud because of the warehouse echo. Mayor sylvia zahn had just arrived at work. She helped to evacuate other workers at nearby buildings. It was scary but i had to act fast and call 911. Workers say what was a small fire quickly spread and in less than five minutes engulfed the building with thick black smoke. Shooting out of the roof, it was big and it was hot. Really up in my face. Felt the heat. Flames shut up about 100 feet into the sky. Right now we are dealing with surround and ground, we are getting this from all sides, it is too dangerous for our members to be in there. Two fire votes is water to prevent the flames from jumping to the ss Jeremiah Obrien Floating Museum which is docked next to the warehouse. It is my professional opinion that without the fire we would have lost the Jeremiah Obrien. 4 re
There was lots of people that got drawn out to the city of San Franciscos park today. I visited marina green i visited dolores park and also visited jackson park lots of people out sunbathing and picnicking and enjoying themselves for the most part it seemed like those circles were working but in the areas that dont have them maybe they should. From a distance this section of dolores park looks pre pandemic sunday. Theres and pick next packed close together a forecast will a beautiful weather drawing hundreds outside i think they are risking their lives for better word people are going to be people park visitors say they were a little confused as to why only the flatlands of dolores park have social distancing circles the area near 20th and church streets does not bother trying to apply something not in other words dont say here, heres your field i hear youre ok on the other side where circles, Courtney Welch was not alone in his thinking percent agree i think theres definite answer go
I actually heard an explosion. Then the fire bursted out of the building. Huge, shooting out of the roof, it was big and it was hot. Waterfront inferno. A massive fire breaks out at san franciscos iconic fishermans wharf. Plus a part of the pier is gone. But firefighters save a piece of american history. Why the ss Jeremiah Obrien was once called the Ugly Duckling will be remember on this memorial day weekend. Tomorrow will be hot. But all this talk about excessive hi hot, that starts monday and lasts most of next week. Good evening, im juliet goodrich. And im brian, we begin tonight with the big fire at fishermans wharf. Firefighter wills be there throughout the night to monitor hot spots. Flames erupted before dawn and took seven hours to put out. The fire started inside a warehouse, the size of a football field. On a back end of pier 45. It was mostly used to store fishing gear and it was used as a parking lot. Nearby workers say what was a small fire spread quickly in less than fiv