Yeah. Kari, it was a toasty weekend. Yeah, we had some warm weather for the inland areas but it was still cool and foggy near the coast. I went up to stenson beach and it took until 5 00 in the evening before the sky cleared and it was nice and cool. And we could see the fog starting out early in San Francisco. Seeing it misting and drizzling at times and here our temperatures will stay in the 60s. You head across the bay to oakland. It is in the mid70s and upper 80s for the south bay. And then some mid90s for the east bay. Up in ukiah today, expect a high of 98 while santa rosa will get a little bit of the ocean breeze coming through the mountain gaps and well be in the mid80s. Well talk more about what is ahead for the rest of the workweek in a few minutes. But mike will get you ready to head out of the door. I wasnt ready for this, kari. The bay bridge toll plaza. Everything is so light including the bay bridge but the toll plaza showed the meterering lights on so now 20 minutes lat
Again. Microsoft, amazon all hitting record highs the nasdaq flirting with another record close despite the Broader Markets selling off. 59 minutes left of the session sar yash sara, were down. 5 . We have big guests coming your way well be speaking with Loretta Mester about the economic signs she is seeing in america and how the fed is weighing the spike in cases. And the rollback of the reopening measures across this country. Shes a Voting Member of the fed. Plus, 150 million, that is how much Deutsche Bank agreed to pay in the settlement with regulators over the dealings with Jeffrey Epstein Deutsche Banks ceo will join us to talk about that settlement and a whole lot more an important update on the business lets get straight to the big stories were watching with one hour left of trade mike santoli tracking the market meg terrell has details on a 1. 6 billion as part of the operation warp speed effort to battle the coronavirus and get a vaccine. And phil lebeau has the latest on the
Last ten minutes or so and finally, optimism around the possibility of new stimulus. All of that helping the market up about 1 on the s p 500 as we stand. Coming up on todays show, big moves in the banks space and Goldman Sachs is bringing workers back to the office well talk about that with the president and ceo john waldron and Michael Novogratz will lay out the risks he sees. Mike santoli is tracking the Market Action and a pair of key faang names holding their annual meetings as tech underperforms today and mike, start us off with the Broader Market and the action were seeing right now. Yeah, so weve been talking about this rotational activity away from the big growth winners into all other areas of the market that are more sickly call and smaller. It is really happening in a benign way so far. Sometimes the baton can get dropped in the handoff but it is towards its highs so kind of stalled out at this area, but below the surface, equal weighted is up close to 5 so it is kind of st
Economy but democrats say they are vague and inconsistent and are calling for a major expansion in coronavirus testing the u. K. Government expense knock down restrictions for at least 3 more weeks and Brazils Health minister is fired after a dispute with present votes in iowa over the corner virus response. Thank you very much for joining us chinas economy has suffered its sharpest fall since it opened up to the world in the 1970 s. In the aftermath of the coronavirus pandemic Gross Domestic Product in the 1st quarter plummeted by 6. 8 percent the 1st time its contracted in decades and speak to our correspondent in beijing katrina you katrina a historic plunge but not entirely surprising. No we were expecting this we have some more information now about this plunge minus 6. 8 percent we havent seen this kind of fall since records began here in china mall figures above around this so manufacturing investment in china fell year on year by 25 percent in the 1st quarter Infrastructure Inv
Medical practitioner to do something to make you feel better. It could be you have the flu, you are not feeling well, you do not want to go to the doctor, so you give them a call and they talk to you entry you. Ehealth is bought or telehealth is broader. You email your doctor, work it out without ever seeing them. It is broader. Telehealth,cine is but not all telehealth is telemedicine. Have probablyus experienced it from having your pharmacy call you or text you that your prescription is ready. Right that a is right. That is a common use of it. We also noticed that the or the importance of telemedicine was boosted in the recent package that passed congress, the 2 trillion care act. The law provides relief for health plans allowing coverage for Telehealth Services. Thee changes, and heels of , and the heels of the office tell usr general why that is important. Why do you think the administration included that . Been a flurryas of regulatory relief or actions by policymakers to clear aw