Sarah in San Francisco. And debbie in riverside county. So, i was really kind of shocked to see four different names with my address on them. She opened them to see if someone had stolen her identity. Instead, the notice said edd paid this person too much in benefits. And it was an overpayment stating that they overpaid by 10,000. Thats a lot of money to pay back. Why was there such a huge mistake that somebody received 10,000 overpayment . I dont recognize the name. No one has ever lived here with that name. David in Huntington Beach got a half dozen of these letters. He was shocked at what he found inside one of them. Heres the debit card still attached to the paper works, still glued to it. And edd debit card from bank of america, addressed to someone named valerie. And here is her award notice, saying, she qualifies for up to 14,000. If somebody fills out a false application in the state of california, you would think there would be some safeguards, a request for department it. If
Talking about what he sees happening in the economy. Tom it is an extra ordinary hour, folks, particularly looking at the fabric of europe and the european model. The disinflation dynamics has dramatically rolled over in the last 48 hours, clearly somewhat off the german ruling. There is no question about that. You see it expressed right now with ever stronger yen versus euro. Disinflation wins, just extraordinary. Yeah, on the u. K. , and i would mention the chancellor yesterday suggested it would end sooner rather than later because people become addicted to it. Lets get to bloomberg first word news in new york city with ritika gupta. Ritika President Trump is wrapping up his push to reopen the country. He says americans should begin returning to their everyday lives even if that leads to more sickness and death from the pandemic. The president spoke in phoenix. Made the announcement with the task force. Toll. K. Coronavirus death has now surpassed italy, making it the worst hit coun
Dow plunged more than 500. 00 points to break both the 50 day and the 100. 00 Day Moving Averages with big tech leading the decline Global Market slump after the u. S. Manufacturing i assume tumbled to more than a decade low sparking fears that a recession may now be unavoidable as a fallout from the trying to us trade war has now spread historically equity returns are the worst when the i as a manufacturing drops from levels below the 50 threshold whats even more concerning now though are the details about print new orders employment and production they were all either soft or how to tear it even further only 3 of the 18 industries in the survey reported growth the lowest figure since 2009 adding to the bad news European Companies are set for their worst Quarterly Earnings in 3 years the latest data lifted the feds bond rates futures sharply with the november contract now pricing in an 80 percent chance that the fed will cut interest on 30th in mana. Terry turns and looks like were at
widely into the mid 30s, locally as much as 37 celsius, especially across parts of southern england. that weather warning could have impact on health and infrastructure. sharp criticism for the way police forces investigate burglaries, robberies and theft most victims aren t getting justice, a major review says it s unacceptable tears in toronto, as serena williams says goodbye to fans in canada. playing for the first time since announcing her intention to leave the sport, she was beaten in straight sets at the canada open. a hero s welcome for rugby star ed slater, as he completes his 350 mile bike ride, just weeks after being diagnosed with motor neurone disease. good morning. it s thursday, august 11th. our main story. talks between energy bosses and the government will take place this morning, amid fears over the soaring cost of gas and electricity. average annual bills are expected to rise to more than £3,500 in october. but ministers say no extra support will be anno
Everyone released this picture and fox briefly answered my question. Can you tell us what happened in the meeting . Reporter in a joint statement, fox, christie, senators saying all of us are committed to working together on a path forward on this critical project that, quote, something has to be done now because of recent rail problems blamed on an aging infrastructure. I showed up today, right . Reporter i showed commuters the video i shot of christie. There are so many commuters who have been stuck in tunnels. Do you think he should actually Say Something . He probably should. But he probably cares more about a president ial run than serving the constituents of new jersey. Reporter the governor has avoided questions about the massive rail problems as he runs for president. He seems indedifferent. Reporter senator menendez, instrumental in getting money for the first tunnel project, says the feds cant fund the 14 billion project alone. The Port Authority is going to have to pony up f