Economists expect most jobless numbers will show that another 2 1 2 million americans filed for Unemployment Benefits last week. That would be a slight improvement from the prior week. The nation has seen about 33 million new unemployment claims in just the past seven weeks. Here in california, the state Employment Development department has issued a new set of guidelines as a result of the coronavirus pandemic. The new rules would allow some people to actually turn down job offers and instead continue to collect Unemployment Benefits. New at 6, andrea is here now to explain. Is a drastic change from what normally happens when people collect unemployment but part of the reason here is that people are supposed to be hunkering down at home to prevent the spread of covid19. It is sort of a day by day week by week. That is how tonya, owner of brown sugar kitchen on broadway and oakland views her current predicament after laying off 34 members of her 40 person staff thanks to the coronaviru
Reporter he did, frank, and he did an unusual thing, he rejected the president s call for dropping Interest Rates below zero, and said he would do other things, such as make loans more available, but he really made a strong point, urging the president and congress to take action. A warning, wednesday from federal chair, Jerome Powell, that we will see a recession. About 40 of those taking less than 40,000 a year have lost a job in march. Reporter powell warned of low productivity, stagnant incomes and bankruptcy. He says the fed will increase lending, but congress and the white house also need to put money into peoples hands. Additional fiscal support could be costly, but worth it if it helps avoid longterm damage and leaves us with a stronger recovery. This trade off is 14 our elected representatives. Reporter powells statement set off along alarm bells. I think it is almost unheard of for federal chairman to be essentially recommending to the president and the congress what they shou
The coronavirus pandemic continues to take the world by storm worldwide cases are now topping 3900000 with 272000 reported deaths here in the United States alone over 1200000 cases and over 76000 deaths are taking a closer look at the Nation New York continues to be the epicenter of this outbreak as strict rules remain in place at the state level it seems that new York Police Department patrols are getting a little violent meanwhile new york is also dealing with dozens of kids falling ill from mysterious illnesses related to covert 19 for more on all this we turn now to our tease trinity charges. New york citys social distancing patrols taking a turn for the worst. Disturbing video shows a violent clash between a parent soche. Distancing violators and police in brooklyn back was grabbed and this cell phone video capturing the moment an officer waves a taser and repeatedly strikes a bystander during a social distancing bust in the Police Watched and sick using officers abusing social di
Right so tight its time to boost your news i. Q. But do privacy advocates have legitimate concerns about this technology and will it spread to other cities potentially across the nation while i am joined by arties Rachel Blevins to discuss more of these details rachel this is pretty shocking what do we know about this program so far right now thats launching in baltimore rise of a Baltimore Police department has started this 6 Month Program to test out this aerial Surveillance Technology that covers 90 percent of the City Employees are saying this could be a great tool to help crack down on criminals but this service is being provided by a private Company Based in ohio and its being funded by a private donor now i had a chance earlier to talk with retired baltimore supervisor dr Michael Wood Jr and he said baltimore likely isnt the only city that is considering this take a listen. Company has quite an orwellian name for assistance surveillance kind of sets the stage for what were talki
Became my favorite and college. Very popular later. You know what is cool, the book has been picked up by disney hyperion so thats good for him. I am just checking the market. It was up and then it was down and it is in very busy this morning mainly because the Federal Reserve issued an emergency cut to with benchmark rate. Half a percentage point. This is in response to the coronavirus out ray. This is hours after President Trump once again called on the head to deliver some major monetary easing measures. This is the first emergency rate cut since 2008. The dow jones is closed to 300 points down right now. The others are in negative territory slightly. Positive and negative. We will have someone join us to talk about this. Positive if you want to refinance. Interest rates were just about 3 . We didnt think they could go any lower. And they are telling people to borrow money. Im looking at some of the stocks that i watch and it is a mixed bag. I heard you Say Something earlier, maybe