Hey, i am cramer, welcome to mad money, i am trying to make friends, i am trying to save you money. Call me, 1800763cramer that was unsustainable today we learn nearly everyone loses when the president acts and slamming the market. A crushing disappointment. And anyone who lost a job may be on the verge of losing a job you have to wonder what will happen to the 14 million odd people and the family working in the Hospitality Industry lets just say inhospitable. I care about the small and immediate size businesses and workers that are going to be laid off Speaker Pelosi and mnuchin is making a lot of progress and getting a lot of phone calls, getting close to a deal. Speaker pelosi echoes after the president stops negotiations but it was too late. Trump tweeted, he was adamant and hell put a better bill after the election all right, whats really going on here . Thats the rhetoric. We all heard the rhetoric, right . The president is taking a calculated risk, betting the economy stronger t
With about 55 in Half Moon Bay. From mt. Tam beautiful view there for a warmer day in store for you, but 40s right in petaluma, 50 in santa rosa, 59 in concord. You can see how low the cloud deck is here in the city where well have a warmer day as well. By 9 00 partly cloudy, looking at a sunny and warmer midday, 60s along the coast. Its breezy there. The warmup comes around the bay and inland as were in the 80s and 90s. Looking at a warm day tomorrow but will it be as warm . Ill let you know coming up. All right, lisa, thank you. California has passed the half million mark in coronavirus case, the first state in the country to do so. More than 8,000 cases were reported here in just the last day, and this morning an east bay doctor is not holding back forcefully saying it is time to take the virus more seriously. Our rights not wear a mask, that [ bleep ] is going to kill us. Nationwide july was the worst month so far of the pandemic. Abc 7 News Reporter kate larson has more on that do
I went to pick up the books and everything. School starts on tuesday. So its coming up fast. This is our last weekend of summer and so as we get out the door this morning checking out concord and how the day shapes up for us, a little bit hotter than yesterday. A few clouds this morning. By noon were at 78 degrees. Still feeling nice and comfortable. Then we see our temperatures for the inland areas reaching into the upper 80s, even some mid90s further to the north. Well talk about a hotter weekend ahead as we go into the next few days, a big rampup in temperatures. Mike, the commute, is it welcome back. Nbc bay area is helping families starting to ramp up this keep up in the classroom and morning . I think theyre changing. There is a new Bay Area Program in contra costa costa affected designed to help kids learn already by schools starting. Looking at the golden gate online during the pandemic without boring them. Bridge, a smooth drive. That was in flux. Tell me more, right . We had
Jones industrial average up 16 points but its the nasdaq thats breaking out of 88 points on the nasdaq this morning and s p futures up 4 and 3 quarters staff largest Economic Contraction in u. S. History yesterday, another uptick on unemployment claims push selloff i didnt do, the dow industrials at the close yesterday still the dow, nasdaq and s p 500 on pace for fourth straight month of gains with industrial up on final day of july. Economic recovery, where is the economic recovery headed and what can the fed do to support it . Coming up at 8 10, chief investment offer rick is here and you dont want to miss valuable insight and commentary stimulus stale meat, still no deal with extra unemployment expiring today. President trump does not want to see election day move but also does not want to see fraud. U. S. Appeals court said to reconsider dismissal of his case. Coming up 8 30 a. M. Congressman jim jordan will weigh on latest moves on flynn, the congressmans fiery take away as well.
Citys black community. I want black boys growing up today to drive because we chose to change how this city and how this country treats our young black men, not as a statistic or an inevitable tragedy but as an important part of our citys future. Reporter chief William Scott while the cuts are significant, they are cuts we can absorb. But the Police Officers Association Says Response Times could suffer if the department cant hire new officers. It could impact our ability to respond to emergency calls for service if we dont have the necessary staffing. Reporter the mayor says the city is also focused on Police Accountability and bias. The pandemic has made San Franciscos homeless crisis even more dire. The new budget includes an additional 1,500 units of supportive housing. Advocates say its definitely needed. I think especially during pandemic, people are just so distraught and just so disconnected without electricity. Reporter to save more money and avoid layoffs, mayor breed is now a