A disservice. Much too soon. One day is today how far future. D. W. Dot com for their service for the multimedia. Could cut or. Even. High hopes of an economic recovery all streets rally spills into a new week Energy Stocks sold with Oil Producing nations agreeing to extend their output cuts well cross to our correspondent in new york. Travels call of paul because Industry Leaders are up in arms they say britains new car jane rules for arrivals could see the economy back even further mind the gap. And more frequent droughts heat germany a lush part of europe goes dry again this summer stocking farmers to start installing irrigation for the 1st time. I think physical and lets do Business Global equity markets looking good trade is betting on a fast economic recovery from the great lock down and the time will tell. Use for the business well the Big Oil Producers have agreed to extend recalled cuts the Oil Production deal is historic. For the 1st time since the founding of opec countries
Straight to the senior economics reporter for this. Steve, what are some of the reasons why we might not trust this data . I guess im starting off with a bias, because this seems like really good news when were just off a huge pandemic. I think a reason not to trust it is were in the middle of an historic economic shutdown and apparently on the upside of that shutdown and nobody has ever seen this kind of thing before we hadnt seen 20 Million People lose their jobs in a single month, and we really have no idea how the jobs would come back all of the other indicators we were looking at suggested there would be massive job losses. And it is well to put that into perspective. Remember the forecast was for minus 8. 3, came in 2. 5, so folks, you can do the math at home on both sides of the zero line it is nearly 11 million jobs is the number that the consensus was off by and wall street was off by it a bit too, if you dont mind my saying, they had a nice rally when they realized maybe we w
Oh. My god says my. Seat for the brushing so. Steep. So many different acts of life some are bumping. Along. Comes straight from the heart. And turning from birth to death starts june 18th d. W. High hopes of an economic recovery all streets rally spills into a new week Energy Stocks with Oil Producing nations agreeing to extend their output cuts well cross to our correspondent in new york. Travels call of Industry Leaders are up in arms they say britains new quarantine rules for arrivals could set the economy back even further mind the gap. And more frequent droughts hit germany a large part of europe goes dry again this summer sparking promise to start installing irrigation for the 1st time. Ive paid for all and lets do Business Global equity markets looking good traders are betting on a fast economic recovery from the great lock down only time will tell. Use for the Business World the Big Oil Producers have agreed to extend recalled cuts the Oil Production deal is historic. For the
Will have more on the San Francisco fire in a moment. I am frank mallicoat. Good morning i am allie rasmus but we have rosemary wrestle with us to give us a check on our weekend weather. It is going to be one for most of us this weekend. So becky has a notable warmup. We are waking up with mostly sunny skies, just a little bit a patchy fog along the coastline. Temperature will take a notable jump today. Getting alive look over areas of the golden gate bridge. If you look to the flag on the right side the wins are, and light. We are looking at temperatures well into the 70s, even mid 80s expected for inland cities today. The warming trend continues on sunday when are in land cities get very close to 90 degrees. It looks like memorial day monday will be even hotter than that. Temperatures are expected to peak in the mid to upper 90s before this warming trend is over. Details what you can expect r e up with just a bit but with the in San Francisco. The Early Morning fouralarm fire not too
We wont get much out of this, except cloud cover. It is on its way. Maybe a little patch of all. 50s to 60s on the temperature. 59 san jose. Mild warmer. Thats five above average. Looking at the do southwind a very mild 66 degrees, which is 13 degrees warmer than 24 hours ago. They are the outlier by four. Modifications running a little cooler. Sfo and Half Moon Bay at 2. As a file does have a gust at 29 miles an hour. Are some pretty good gusts from the system coming up. The when will pick up later on. Increasing high clouds. Patchy fog on the coast. Breezy to windy with highs near 70s. Some near 80 degrees. Still, slightly below. Over to sell now. Things picking up at 6 00. Is it still okay . They are still okay. Right now traffic is moving along pretty well around the bay area. You can see traffic at the bay bridge, i will show you thatso major issues. It should start getting a little bit slower in the next few minutes. We will see what happens. We are getting a little slow down, bu