Yesterdays speakers, maryland congressional candidate, kim klacik she is an internet superstar. All that on making money. Charles i think something profound happened to jer role powell during the two weeks when the Federal Reserve hiked rates, december 20th, 2019. It was the ninth Interest Rate hike of 2015 after essentially the fed went for seven years to zero percent. Powell was driven to some event days before christmas and hit a big pothole. As the driver looked to work out the flat tire, he saw a homeless woman panhandling money from complete strangers. He thought about his policies about runaway inflation that had yet to materialize. It was the old Federal Reserve playbook to slowdown the economy, something that hadnt reached the economy. January 4th, powell made comments not mention the plight of the women, he admitted to a epiphany. He changed course in history. I think he changed the course of the Federal Reserve, saying a strong jobs market, rising inflation does not rise con
Also, an update on congress a reliefo pass package. Also we will take your calls, and you can join the conversation on facebook and twitter. Washington journal good morning. As monday, august 10, 2020. Election day and one week until the start of the democratic convention. It is crunch time until joe biden will announce who will join him on the democratic ticket. Will open our phone line to democrats only get your thoughts on who joe biden should pick as his running mate. Democrats in the eastern and central time zones can call in, 2027488000 democrats in the pacific timezone, 2027488001. You can also send us a text. Andse include your name where you are from. Also catch up with us on social media. cspanwj. Democrats only can start calling now. We hear from you about which woman should appear with joe biden on the democratic ticket this fall. Phone lines are on your screen. Cnn editor this from at large his final Vice President rankings, his top five on the most likely picks are. Numbe
In washington coming out new unemployment claims the United States drop below 1000000 for the week as we look to find the bottom of the pandemic coverage and there are a lot of headlines about trade tension between the u. S. And china dont forget the u. S. And the European Union well they still have trade issues of their own have a lot to get to so lets get started. Its thursday which means u. S. Unemployment numbers were released weekly jobless claims fell to 963000 last week now this is the 1st time the numbers are below 1000000 since mid march that was when the coronavirus was declared a pandemic in late march u. S. Filings hit nearly 6900000 in a single week while the better than expected numbers come as President Donald Trump issued an executive order that provides an extra 4 100. 00 a week of unemployment thats down from the original 600. 00 of insurance but those by. That may not show up for weeks and employment rate fell to 10. 2 percent last month this was after peaking near 1
Temperatures suppressed or close to where they were from yesterday. Heres what were talking about with the fog watching things going into motion, nice clear up job for most of the bay but along the coastal areas, southern moran. It doesnt quite lift even as late as approaching 01 00pm that will keep the cost down on those temperatures but those inland valleys expected to continue to build this afternoon well be seeing the big difference in the 4 zone forecast 60s for the east bay for right now up to the north bay weve got 50s 56 for San Francisco 62 meanwhile for san jose comparison sake were kind of close to yesterday if not trailing a degree or so again the fog is at work. It breaks down like this with the overcast you can see behind us the bay bridge toll plaza 8211 oclock by 2 oclock at 94, however, not quite the High Temperature though for some of those inland valleys, yeah could be quite warm, it looks like inland well get into more of that coming up in just a bit marty all right
Should not be ended as fast or as abruptly as they are 1 then what is the actual trade here and florida unfortunately heres what i wish we could report right if you were in a Perfect World you and i would go on the air today and say the surge of cases. Of coal that my team are down oh and by the way employment is up yeah unfortunately we only are able to attach ourselves to half of that story which is employment is looking like its starting to go up by the way and when we say you know comparatively speaking because yeah better. Lets not lets not set off as my mother would say any fireworks yet but if were playing with. A little tiny bit but were still seeing kobe 1000 cases go up in places like florida then you know most Health Experts would say its not a good tradeoff. Some economists would say ok politicians depending on their party would say yeah we love that lets keep doing it so thats kind of whats going on right now in places like florida and arizona and others its a little bit o