Want to begin with one of the most important topics for all americans housing right now millions of you are asking the following questions given the volatile economic and political times that we are going through 1st and foremost do i sell my home before it loses its value what happens when all of those people who arent paying their mortgage are suddenly forced to pay up. By the way those who arent paying for at least 3 months they make up 8 percent of the homeowner population and they reportedly account for more than 800000000000. 00 in unpaid principal so what happens when the government for merit Forbearance Program comes due will there be a glut of homes suddenly on the market out there and then theres the question of whether big cities are going to just empty out who wants to live there right what happens in our nations urban centers who want to live in a crowded densely populated city with elevators Tall Buildings occasional spurts of racial unrest. These are the trends that some
Are still 34 up from the lows we saw three months ago. Remember nasdaq closed at record high above 10,000. That milestone just yesterday. Fox Business Team coverage, blake burman with the latest from the president. Well kick it off with Lauren Simonetti on todays selloff. Lauren . Lauren melissa it spared almost no one today. Investors are still reacting to the federal reserves cautionary tone about the recovery yesterday, along with the cautionary tone from the pandemic itself as more states report more coronavirus cases. That is raising fears of that second wave of infections as the economy struggles to recover. Another 1 1 2 million americans filed for Unemployment Benefits last week. Number have fueled, received aid for two weeks stands at 21 million. Stocks that have outperformed as the country reopens are the ones getting hurt the most today, like travel shares. Look at some travel names. Many of them have doubled sentence their lows in midmarch. So they still have more selling p
Ong joins us now live with why doctor says, although the number of cases is going up theres a glimmer of hope tonight, gayle. Vicki and grant were told Ucsf Medical Center is stable with 15 to 16 patients in the last week and that other bay area hospitals are also seeing relatively low numbers. Thanks to people sheltering in place. Well before other parts of the country. The orders are heated empty streets in San Francisco crossing market street. We found few people appearing to be essential workers and no traffic an example of why Health Experts say the city is showing signs of flattening the curve to slow down the coronavirus we spoke with doctor Robert Wachter chair of ucsf department of medicine people, San Francisco listen i think they they understood the science and they said this is the right thing to do obviously causes hardships. Doctor wachter says even know the number of cases continues to rise, theres been a slow search and City Hospitals at ucsf so we have had and her 16 p
Making their way onto in the next hour or so. When is not that out there. Its everybody under tennis per hour. Things further south and we could tell you as a full looking lidded at right now. Talking about your extended forecast when i come back in just a bit. Make sure to download the ktvu app to stay up to the minute. Forecast as you travel over the holidays. And video hard to believe. Two people walked into a church to pick up a wooden box filled with donations and just work out. The money was supposed to buy Christmas Gifts for kids now, police are trying to track down those suspects. Katie is andre senior like tonight as i the church in san jose. Andre . Reporter the mass is underway. They keep the doors open all the time to keep people coming in to light a candle and say a prayer. To people came in not to repent for since but to commit an act of sin. Christmas season is forgiving but for others it is the season for taking what others generously give the realization shown in this
202 7488000, Health Care Professionals we want to know what you are seeing, your line , ecigarette8001 users, this is about you and we want to know what you think about this ban on flavored isigarettes, your number 202 7488002. If you dont fit in those categories we want to hear from you as well, your line is 202 7488003. We can always be reached on , and you canbook also now text us from your at 202 7488003. Be brief and beyond topic, we will get you on the air. So President Trump on wednesday thatout publicly, and said he and the Trump Administration was considering a ban on flavored ecigarettes, on most of the flavors. Here is what President Trump had to say. We have a problem in our country, its a new problem [captions Copyright National cable satellite corp. 2019] [video clip] we have a problem in our country, its called vaping, especially as it pertains to innocent children. They are coming home, saying mom i want to vape. ,nd parents dont much about it nobody knows much about it