Theyre a big story. Were following tonight. President trump has ordered his negotiators to halt talks over a new stimulus package. The stunning move after the 2 sides of struggle for months to try to reach a deal for a Major Economic relief package as millions are still reeling from the pandemic the president tweeted hours ago that he instructed his representatives to stop negotiating until after the election writing quote after i win will pass a major stimulus bill that focuses on hardworking americans and Small Business as a result of President Trumps announcement the stock market took a deep dive, this afternoon joining us now live via zoom financial expert, georgia chatty with Morgan Stanley george thanks for being with us so we know the immediate effect was the drop on the stock market, however, this now may mean that people wont get any more stimulus through the end of this year possibly well into next year your reaction to that. Well believe it or not tim today was normal. The m
This hearing will come to order. Todays hearing is a hybrid format. And the hearing room has been configured to maintain the recommendedf foot social distancing between senators and other individuals in the room necessary to operate the hearing which we have kept to a minimum. For those joining remotely a few videoconferencing reminders. Once you start speaking there will be a slight delay before you are displayed on the screen. To minimize background noise please click the mute button until it is your speak or ask questions. If there is a Technology Issue we will move to the next senator until its resolved. I, again, remind all senators and witnesses that the 5minute clock still applies, and those of you remote should all have a box on your screen labeled clock that will show how much time is remaining. Well try to give you a gavel reminder when your time is almost expired. To simplify the speaking order process senator brown and i again have agreed to go by sen you arty for this hear
We were kind of at our max. Reporter while the median price of a home in california is 706,000, in the bay area its 1,068,000. This time last year it was 900,000, and 18 increase. There has been a pentup demand for homes in the last several years. We have had a low supply of homes for sale. Reporter while some are leaving the bay area, able to work remotely during the pandemic, realtors say many people still want to live here. This is an area thats surrounded by hightech employers that are willing to pay a lot of money for you to work for them. Even if you want to live here. The weather here is wonderful. Reporter this Real Estate Broker sold the 759 square foot one bed, one bath house in san jose for over asking price, 1,055,000 with six offers. The new owner plans to tier it down and rebuilt. The broker says the biggest factor pushing up home sales is the historic low interest rates. And the two percentile, 2. 5 to 2. 75 . Whenever the cost of money is this low you find people being
Good morning, kumasi. A flight a tep dapt that we spoke to described it as the end of a dream job or career. Hes furloughed as airline aid expired at midnight last night. Right now airlines are furloughing tens of thousands of employees. American, delta and United Airlines have all announced furloughs and all of those airlines have a major footprint here at mineta San Jose National airport. Air travel is down 70 from last year. That is, in part, the reason they have to go through with the furloughs. A second round of airline aid has been stalled in washington for weeks. Thanks to inaction from congress, theres no telling when help could come, forcing airlines to shed tens of thousands of more jobs and taking the former employees off their health care. I had dreamed of being a Flight Attendant when i was a little girl. My dreams came true. I have my dream job. I have been asking myself, what do you do when you lose your dream job in where do you go from there . I dont have any answers r
Anger at the restrictions. Followed by good afternoon the latest news and a look back at the last 7 days to you watch the weeklies here on r. T. International flare up this weekend in a long running dispute between 2 neighbors armenia has declared martial law and a general mobilization of the country after the conflict with neighbor has a big new highs and saw the clashes regime in the disputed new gorno cutback region so lets get more on this now from dawn quarter one of our correspondents who joins us in the studio dawn what was the catalyst then for this latest escalation well andy it all started sunday morning when we saw this sudden renewal of hostilities between azerbaijan and armenia like you said in the disputed region of nagornokarabakh thats located in the caucasus region which is just south of russia now whos to blame both yerevan and baku are accusing each other of being entirely responsible for these renewed hostilities and theyre both vowing serious military retaliation.