A lot to get to so lets get started. A looming deadline for democrats and republicans as unemployment aid expires admin night on friday will the Senate Republicans want to decrease those 600. 00 per week to 200. 00 but democrats that will theyre not settling for less parties are clashing on several sides including Liability Protections for businesses and schools and funding for state and local government now this comes as applications for Unemployment Benefits increased for the 2nd straight week in the week ending on july 18th the number of people receiving those jobless aid well they increased by 867000 bringing that total to 17000000 americans earlier this week Senate Republicans released a nearly one trillion dollar relief package of their own this was to counter the 3 trillion dollars package that the House Democrats passed back in may talks are scheduled to resume through the weekend but a deal still seems pretty far. Commodities in crypto markets are heating up around the world a
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.
To 17000000. 00 americans earlier this Week Senate Republicans released a nearly one trillion dollar relief package of their own this was to counter the 3 trillion dollars package that the House Democrats passed back in may talks are scheduled to resume through the weekend but a deal still seems pretty far from sight. Commodities in crypto markets are heating up around the world as traditional equity markets take a breather from their epic rally last quarter well it seems like we are seeing a big asset rotation coming on. In the boom bust cohost Christine Christie chinese regulators theyre rushing to curb Precious Metals trading in order to temper speculation how dangerous is this for or the speculative market while this could be very dangerous especially when you take into account the huge middle Class Population in specially in a country like china weve seen this before and there was widespread market from a preview. They which created bubbles we had the tech bubble we had i. P. O. B
Attorney general defends the white houses heavy handed response to months of anti racism protests plus. Im way in bangkok where i will tell you about the link between the Energy Drink Company red ball and the death of a policeman and why the attorney general in chief of police had been summoned to parliament. Welcome to the program the battle to contain the coronavirus pandemic is putting pressure on nations as they seek to find a balance between Public Health and saving a colonies after months of lockdown in chile the country has begun lifting restrictions in parts of the capital but some medical experts say the government is not following recommendations from the World Health Organization or latin america editor Lucien Newman has more. Free at last from monday to friday residents of 7 affluent neighborhoods are finally free to leave their homes to take their children out and to get exercise and nobody is happier than the elderly after 4 months they are now allowed out for an hour 3 t
Please type your name and your question exactly as you would like it to be read. Submit before the last speaker is finished. We will read in the q a portion. Thank you for joining us. Today we have doctor grant colfax, the director of the office of economic and work force development. Cheryl davis, james executive director of collective impact. Member of the Latino Task Force and Stefani Garcia. With that i will turn it over to dr. Colfax. Good morning everybody. Thank you for joining us before this long weekend. I just have a brief statement to make with regard to where we are in the covid19 pandemic. It is a Public Health message that is really that we need to send across the city, across the region, across various neighborhoods and communities. This fourth of july, th the saft thing to do is stay home. In San Francisco we have had an alarming increase and significant increase in covid19 infections and hospitalizations of the over the past few weeks, our rates have soared. We are in