Yes, you do need those sunglasses. Most of us for the inland areas are starting out clear. Lets check out martinez and our temperature trend looks beautiful. We are going to have a really nice day with some low 60s to start. Clearing out with our sunshine continuing into the afternoon. Some upper 70s for 2 00. Now you will notice a little bit cooler today compared to yesterday. Its going to heat up again this weekend. Well talk more about whats ahead in a few minutes. Mike, how is it looking for this friday morning drive . Well zoom in to san jose where weve been watching just a little bit of slowing for north 101 at 680. Our live camera shows you the headlights and starting to thin out quickly here. Shortlived as we look at the map. A short section from where the camera is up past the arrow. Weve gotten some yellow and back to green. Should be back at speed. The same thing for the bay bridge toll plaza, no backups. Back to you. A live look at c ticking. Added Unemployment Benefits are
Hill. Where should your portfolio be positioned . Meantime commodities remain on fire. So what is the message for business, the economy and inflation. Weve got all the angles covered. Shares of kodak, yes, kodak, tripling after signing a deal with the federal government. Wait until you hear what its for. Consumer expectations plunge as more americans lose faith in the recovery. Big concerns whether washington comes through with more federal help. I will ask guy reschenthaler from pennsylvania if they will do just that. That and much more on making money. Charles so stocks sort ever sputtering today, right . But we did get a slew of earnings reports. The message to me, it is pretty clear for investors. Companies are profiting off the coronavirus lifestyle changes. That is one trend really working. D. R. Horton, sherwinwilliams, polaris soaring after they reported results surpassing wall street expectations. It is thanks to overwhelming amount of people looking at home, redecorating, pai
It highlights the urgency with which supplies are needed to protect essential workers on the front lines treating those who have fallen victim. The governor said that higher numbers show that Health Care Workers are churning through supplies on hand. But when youre burning through 46 Million Masks monthly. Even having 100 million of the n95 masks and inventory you can go through those pretty quickly. Reporter going big is the name of the game. He announced the state is extending an agreement with a chinabased manufacturer to purchase 120 million n95 masks. In 300 million surgical masks. A big number for a big order which Governor Newsom says is far from over. We really get the price down significantly. We are in a different environment. And we will demand more competitive pricing. Not only in this environment going forward. Reporter is the name of the manufacturer sounds familiar be whitey. Thats because the governor inked a deal to pay the company 1 billion for masks. The federal gove
Gold price you look at. December futures are the most heavily traded, and they are closer to 2000 than 1950. It is a conversation as well as real yields continue to grind lower. That sets us up or what you are looking at into the fed on wednesday. What else can they do to offer more . In the meantime, we are waiting for fiscal stimulus in the u. S. What can they deliver and when . Guy that is a question we will learn about in the next few hours. We have this announcement from Mitch Mcconnell, we think that will be around 4 00 eastern or a little after that. It will be fascinating to see where the republicans are and where the democrats are. We know where the democrats are. How big of a gap will there be and can they close that by the time we get towards recess . Alix the other news is the virus, certain areas of the world shutting down again like in spain. Hong kong more restrictions as well. Getting apping after second round of u. S. Funding for an experimental vaccine for covid19. Ta
Package. El wanted 500 billion, but the hardliners were said to be pushing for as little as 350 billion. Grants ase amount in opposed to loans that countries like italy, that stricken, would have to pay back. Bloomberg eulling hardliners are ready to accept 390 Million Euros in grants so a deal can be done. A mixed picture for stocks amid a spread in coronavirus cases. Infections hit a daily record as a u. S. Congresswoman calls floridas outbreak out of control. Underways in getting in europe. We will see how the pandemic impacted phillips when we get their earnings and we had to zurich as there is a big week for the banks. Let me just tell you quickly that we have phillips earnings, Second Quarter revenue four point 4 billion euros across the bloomberg, the estimate was for four point 31 so revenue beating the estimate as far as earnings are concerned for philips. The earnings before taxes, philips in the Second Quarter, 418 Million Euros and we were looking for, according to a survey