Measures of the Federal Reserve is leading the way, after spending trillions buying Mortgage Backed securities, corn rat securities, Treasury Bonds all that sort of thing this is another arrow in its quiver that is not really been explored or to my ive been following these bites here, even explain what a main Street Lending facility will be, but the very talk of it did bring us off our lows. Again, just throwing that out there as one of the reasons why we dipped from down about 280 points to now down about 180 points. Lets get the read in the meantime about the worries for the Market Going Forward here, and that will be in another couple of hours or so, the president outlining his plans to respond to china, presumably on this crackdown going on in hong kong and throwing in their concerns the president has about how the chinese handled the coronavirus, something is up which has a lot of stocks that depend on trade with china down. Blake burman with the latest. Hey, blake. Reporter hi th
This a kpix 5 news morning update. Right now, streaming on cbsn bay area, we are looking live from our camera on top of the studios. You can see the heavy fog blanketing San Francisco. It is may 28th. Good morning to you. First things first, lets check the forecast. Mary lee is standing by. Good morning, we are going to start our call down today especially along the coast and right around the bay and michelle was mentioning you can see the fog and low clouds and that indicates that onshore flow kicking in. Lets show you the temperatures. We are in the 50s and 60s to start off the day, 60 in concord and san jose, mid 60s in livermore and mid50s in San Francisco. San jose is 16. It will still be hot across our inland locations through our afternoon. The heat advisory for all of our inland locations is there. Daytime highs are there this afternoon. I will talk about a bigger cool down through the week. Details are coming up in a few minutes. We are following some breaking news from overni
Prime minister a day after the courts ruled against his suspension of parliament. And decision time in mali elections will go ahead despite the kidnapping of an Opposition Leader. And some of hong kongs most prominent prodemocracy figures arrested months old from those mass protests. But into the News New York has recorded its lowest number of corona virus deaths in 2 weeks but the governor is warning cases may not yet have reached their peak 540 people have died in the past day in new york state which is the hardest hit part of the us the number peaked at close to 800 while america has more confirmed cases and deaths in covert 19 than any other country in the world new york state Governor Andrew Cuomo is demanding more testing and says the federal government must do more to help. If it wasnt for the relative context that weve been in this would be devastating news 2000 people coming into the Hospital System or testing positive and if you notice 2000 were not at the peak but this is wh
World leaders alike. The conference of president probably count among the 53 organizations. [applause] together, we have enjoyed productive partnership, most recently under the leadership of chairman and ceo howard. Congratulations also, betsy, like most people have heard, has been elected to the executive council and we look forward to working closely with betsy as well. By the way, fabulous speech yesterday. [applause] for more than 30 years, its been led by one of the great jewish leaders of our time. The one and only. [applause] as ceo, markham shaped history through his visionary leadership. Thank you, malcolm, for all you have done and continue to do for the jewish people. [applause] we are grateful that malcolm will continue to provide us with leadership and strategic guidance in the works of our new chief executive, william. [cheering and applauding] william is well known for his past experience and drive and we look forward to his resolute leadership. Its more than these excep
The conference of president probably count among the 53 organizations. [applause] together, we have enjoyed productive partnership, most recently under the leadership of chairman and ceo howard. Congratulations also, betsy, like most people have heard, has been elected to the executive council and we look forward to working closely with betsy as well. By the way, fabulous speech yesterday. [applause] for more than 30 years, its been led by one of the great jewish leaders of our time. The one and only. [applause] as ceo, markham shaped history through his visionary leadership. Thank you, malcolm, for all you have done and continue to do for the jewish people. [applause] we are grateful that malcolm will continue to provide us with leadership and strategic guidance in the works of our new chief executive, william. [cheering and applauding] william is well known for his past experience and drive and we look forward to his resolute leadership. Its more than these exceptional leaders that m