But some of these Health Officials say that they are considering some limited loosening of restrictions if they feel its safe. Bay area officials agreed monday the region needs more time to stop the spread of the new contra costa. Coronavirus. A group of Health Officers from across the region say before easing up on restrictions, they need see significant changes. The reduction in People Living with covid19, the increase in testing. Our ability to monitor the end democratic and get adequate ppe e. Reporter Officials Say they are working on science based guidelines for organizations and businesses to function safely if they reopen. Difficult news for some to hear. I guess scared is one thing. Dont know how that is going to impact just my own lifestyle. All this stimulus and stuff, its just its not that much help, you know. This place might not make it. Were trying, but dont think were going to make it. Reporter this restaurant worker said it seems unfair that Grocery Stores open with so
Keeping an eye on the treasury market, the 10year right about 0. 638 for that yield. Right now time for the squawk planner. The American Economy has lost about 8. 8 million jobs in the last three weeks economists are expecting the loss of an additional 5 million. Well get Housing Starts data with a decline of 15 for the month of march we have a big lineup of guests starting at 6 30 eastern with black rocks larry fink. We also have ken fine berg, dr. Emanuel, barry diller and House Majority leader mccarthy coming up and cases to top 2 million u. S. Cases top 640,000 new york cases over 21,000 new york governor now squarequi people to wear a Face Covering when out in public that takes Effect Tomorrow becky. Joe, everybody in engel wood cliffs right now is wearing a mask everyone who is not on air it is something they are take very, very seriously too im thinking about exactly what it means when we are all trying to get back and when we are in the nasdaq. I think in the entire place, it i
London. I have decided to take strong but necessary actions to protect the health and wellbeing of all americans. Reporter the fight to spread the coronanavirus coming into effect friday at midnight. Peopl6 euanesgeted n int two wes will not be allowed he u. S. American citizens will be exempt but must be screened at airports. The European Union failed to take the same precautions and restrict travel from china and other hot spots. As a result, a large number of new clusters in the United States were ceded by travelers from europe. Reporter italy is still under lockdown and grappling with the largest outbreak outside of china. The virus has killed more than 800 people there. Congress is expected to vote on an Emergency Response bill today that includes free testing, paid sick leave, and unemployment insurance. Sorry, guys reporter concern is spreading just as fast as the virus. The nba has suspended its season after a player tested positive for covid19. The ncaa says march madness will
From the cbs bay area studios, this is kpix 5 news. Right now on kpix 5 and streaming on cbsn bay area , we are looking at jason and, of course the warriors were supposed to play tonight, but all nba games have been suspended because of coronavirus. Good morning, everyone. It is thursday, march 12. I am michelle griego. Im kenny choi. Good morning. We are warming up again. Thats right, we are going to see temperatures even warmer than yesterday, as High Pressure built in and we are starting off the day with temps in the 40s and in the 50s. A little bit of fog in santa rosa and the mid40s and, San Francisco, oakland, concord, san jose in the low 50s, mid 40s for livermore, as we head to are afternoon looking at mid 60s in San Francisco, mid70s in san jose for livermore, also for concord in the mid70s, even for fairfield at 77, we will talk about how long this warm weather will last and tracking a next weather system, details on that coming up. At morning as we checked the roadways and n
Of yesterdays huge gains. We are near the lows with the tou down about i8 0 points we went lower as the ten year yield hits a fresh record low as kelly just reported. Braeg i breaking below 1 for the First Time Ever now at 0. 972 . Lets get to Steve Liesman for the more on the feds emergency rate cut thanks very much. The historic 50 basis cut emergency cut, the first since the financial crisis, not greeted warmly by the market critics condemning the rate cut bringing the rate cut to a new range. Wont do much good to combat the economic effects of the virus u. Hfe writing they dont believe its constructive in the supply shock induced by the coronavirus outbreak and responses to it jay powell in his press conference pushed back against the criticism. We do recognize that a rate cut will not reduce the rate of infection, wont fix a broken supply chain we get that. But we believe our action will provide a meaningful boost to the economy. More specifically, it will support accommodative Fi