Diagnostic testing. Another billion would be used to help prevent the infection from spreading almost a billion of that money will go to state and local health agencies. The measure also includes million to pay for a Telehealth Program to help expand Health Care Access to seniors the funding comes as we learn of yet another death in california possible possibly linked to coronavirus aside Vail Department of Public Safety announced today that a 72 yearold man died after he was found unconscious and not breathing that patient had recently been on a cruise officials have not confirmed whether it is in this cruise ship the grand princess this is the cruise with 3 other passengers did test positive for coronavirus one of them was the Placer County man that we told you about who died yesterday becoming the first coronavirus death in california because of that mans death in sunnyvale there are now concerns that responding personnel may have been exposed to coronavirus fours dan thorn joins us
Of snow that we certainly do need. Today a cooler one that daytime highs barely hanging on to the low 60s. A lot of us falling into the 50s rock all right. Thank you john over to the bay bridge toll plaza were checking the drive into San Francisco and its a nice steady flow of traffic thats what we like to see starting off the morning drive so no problems that you have to worry about its mood on the upper deck. Clear in downtown San Francisco and the no problems to worry about on the skyway so nows time to come on and make that trip westbound were checking in on some more numbers and they look good highway 4 at the limit 6 a nice move no problems for the southbound immense and one on one easy from san jose to menlo park daria thanks a lot rob and 5 o well lets get to the top story which is the coronavirus outbreak here in the bay area. Take a look we have outlined the headlines going on so that you know the latest. There are a handful of new cases in San Francisco and Santa Clara Count
How he see businesses moving forward. What are you expecting on impact on growth and do you think theres going to be a different standard on jpmorgan than other banks . Youre not. A come of things there. When we get done after that, i dont know, i do think theres a little bit of decoupling between chinas Economic System and ours, china will continue to grow, i think they want jpmorgan to be there to set transparency and rules and if chinese, if they want to eliminate corruption, they need very good Financial Markets and therefore they can come in and set the standards, it should mean something when jpmorgan said we did Due Diligence, doesnt mean that we are always right but should mean something. Maria big deal for jamie dimon and jpmorgan, they just received their license, a bank 100 in china, spending 11 billion on Technology Every year, how is he going to protect that technology s he going to go to china and they will change things as how they will do things differently. Dagen part
Issue. That and much more on making money. There is greating feeling about trade talks an shut kel button potential deal . Want to bring money map press, chief investment strategist Keith Fitzgerald to join us now keith, let me ask you, how surprised at you of this really over the last couple weeks . As usual throughout the last 10 years, it always felt like a stealth rally but even more so in the last couple weeks . Well it has, save the one thing you and i talk about frequently which is china will come to the table and Companies Look forward. Was it a surprise to me . No. Was the extent of the rally . Yeah, that was a little refreshing or surprising of. Charles we got retail sale numbers out this morning it was better than expected. As i look at this report, Motor Vehicle sales were strong. Absolutely through the roof. We were told they would be strong. Building materials strong. Sporting goods strong. A last minute rush on guns, that they wont be able to buy guns. Internet. 64 billi
Rising tensions between the u. S. Eastern. At 2 00 p. M. Forre congress adjourned summer recess, the House Oversight Committee Held a theing on the future of Affordable Care act as certain provisions were being challenged in courts. Witnesses included advocates and a. C. A. Ast of the well as patients who have benefited from the law. Hours. Der four rep. Cummings committee will come to order. Objection, the chair is recesszed to declare a of the committee at any time. Full Committee Hearing is convened regarding the administrations attack on the a. C. A. I now recognize myself for five openingto give an statement. Because on today the trump2019, administration filed a letter with the United States court of appeals for the fifth circuit reversing its own previous position in the texas vs. United states in asserting for the first time would not defend any the Affordable Care act in court. The Trump Administrations the entireevails and a. C. A. Is struck down, there electric catastrophic