Tomorrow. We will have our fed coverage as usual. Then onto an exceptionally busy end of the week. Theres no question about it, you wonder where this stimulus debate will be in washington by the end of the week and into the sunday talk shows. Jonathan 98 days until the election, you would think washington, d. C. Would get it together. Just as the economy starts to roll over, as that recovery starts to plateau, the collective will to do a whole lot more fades. That is the story, and it is always the story you when you exit the immediate crisis, the collective will fades. Tom Lawrence Kudlow still talking about a vshaped recovery. I am looking at the 3m and 16 , 20 s, unemployment. Where is the recovery . Jonathan as of q3, theres your v. After that you rollover. That is what everyone is expecting, even with the reopening. Everyone expected that mechanical lift as you go from shut down to reopen pretty much every economist expected it to fade as we got deeper into the summer. The big con
California and visibility 2 1 2 miles santa rosa, and 5 miles on the coast. There is a look at emeryville shrouded in the clouds as we go through the next few hours into the 60s at 9 00. Mostly cloudy skies, becoming sunny and mild with 70s and 80s around the bay and inland by noontime. Another hot day inland, with temperatures in the low to mid90s, with 80s around the bay, and well look for that fog to come back into play but warm, warm, warm day before much cooler air arrives for the week ahead. Liz . Thank you. Our goal at abc is to build a better bay area through the pandemic in five key areas, a crucial one being the economy and local towns and cities where the coronavirus is forces businesses to adapt in major ways. As of this morning all indoor businesses are shutting down completely in San Mateo County. Nail salons and gyms were open for weeks but san mateo was the last bay area county to added to the watch list this past week, after staying on it for three days this is the res
Announced today some extra resources to help with that. The extra resources will go to eight counties in californias central valley. Thats where theres been a surge in coronavirus cases. The governor delivered todays update from a Diamond Foods sto. While positivity numbers are stabilizing statewide, eight counties are seeing increased infections in the central valley. How deadly this disease continues to be. Reporter he announced a 52 Million Investment for those counties specifically, used to improve isolation and testing protocols, as well as to provide more support and personnel to health care workers. The money is part of a 499 cdc grant to california. These dollars, we think are timely. These dollars are critical. And important. And they will buld off local infrastructure already in place. Reporter strike teams will be deployed to support the essential workforce. We have a great deal of work to do to get transmission rates down here in the central valley. Reporter the governor to
Building a better yay for a a safe and secure future. In is abc 7 news. As you wake up, another bay area is closing down part of its economy. Beauty salons and bar der shops and gyms have closed signs once again but this morning, theres one way they may still be able to operate. Good morning, everyone. Its sunday, august 2nd. Im liz kreutz. Thanks for joining us. Well have a closer look at the new expanded Health Orders in a moment. Lets start with a quick look at the weather, heres meteorologist lisa argen. Good morning, lisa. Good morning to you. Even though were starting out with low clouds and fog, today is going to end up a lot like yesterday, so were going to have warm weather once again as High Pressure to the south of us is going to bring in temperatures a bit above average, fourmile visibility, petaluma, a half mile in santa rosa with three miles on the coast so the low clouds and fog retreating to the shoreline by about mid morning but this morning were a little bit warmer an
The dow industrials this wednesday morning are going to go up about 170 odd points at the opening bell. S p, modest gain. A fractional loss, though, for the nasdaq which is at the 11,000 level. Stocks overall getting help from the virus relief talks. Mitch mcconnell talking compromise. Senator schumer talking concessions from both sides. Theyre looking for a deal by the end of this week. My opinion, there is no way Congress Leaves Town friday without spending at least a trillion dollars. I think a deal is coming and the market likes it. Two stocks in the news and moving. Disney, up sharply despite losing 5 billion during the pandemic lockdown. Disney plus has 60. 5 million paid subscribers, 100 million overall and they are starting another streaming service next year. All of that helps. Disney is up seven. Novavax, their phase one trial showed their vaccine to be safe and created an immune response. That stock is way up, 30 bucks a share on the upside. All right. Something different. L