In light of the attack from the invisible enemy, as well as the need to protect the jobs of our Great American citizens, i will be signing an executive order to temporarily suspend immigration into the united states. So far the white house has not offered any more details. The pandemic has already been almost all of these put on hold now for weeks. President trump also said he is hoping the senate will vote tomorrow on a bill to replenish the Paycheck Protection Program to help struggling businesses. Those funds ran out last week. The new stimulus package is expected to provide another 310 billion in loans. As well as money for hospitals and virus testing. And an unheard of development as Oil Prices Fell into negative territory, as demand dries up it is causing a huge threat on oil and Storage Facilities around the world are at capacity. Marathon oil is closing its east bay refinery amid the historic plunge in prices. The data from San Jose Police reveals overall crime in the city is d
The director of the Free Market Institute professor of economics at Texas Tech University as well as a senior fellow with the independent institute and in los angeles we cross to he is an independent economic and geopolitical analyst as well as a former commodities trader all right gentlemen crossed up rules in effect that means you can jump in anytime you want and i was appreciating lets go to los angeles 1st here i said in my introduction i guess probably the most important question there is as we come out of this pandemic and its all going to be about the economy and its everything were going to think about for the next few months if not years is about recovery so infer a very simple question will it be a v. A you or an l go here well weve been in an l. Shaped depression since the 2008 financial crisis i mean only that true Economic Data on unemployment inflation g. D. P. And the like have been warped or hidden. Outrage while the fed pumped up the stock market to give the appearance
Another retailer looking at bankruptcy it is tuesday, april 21. You are watching Worldwide Exchange here on cnbc good morning, good afternoon, good evening with el come from wherever in the world you may be watching. Im Brian Sullivan welcome. I hope you are having a great tuesday. The stock futures looking like it is continuing off yesterdays decline for the dow futures in the red right now indicated down about 200 points yesterday, a rough day all but two dow names were down. Each falling 6 in the red it has been the action in the Global Oil Market that has really captivated the worlds attention and the Historic Development around crude trading yesterday negative for the first time ever. Thats right the may contract which expires today. At one point, this is not a miss print, trading at negative 40 a barrel the lowest on record not only zero, it is below zero. A lot of you question why would oil or any commodity trade in the red and go inverted . That is relatively simple, when you o
President yee good afternoon and welcome to the april 21, 2020, meeting of the San Francisco board of supervisors. Madam clerk, will you please call the roll. Clerk thank you, mr. President. [roll call]. Clerk mr. President , you have a quorum. President yee thank you. Everybody, please place your hands over your heart, and would you please join me in reciting the pledge of allegiance. [pledge of allegiance] president yee thank you. Supervisor safai supervisor safai is present. Clerk thank you, supervisor safai. President yee okay. On behalf of the board, i would like to acknowledge the staff at sfgovtv who air the meetings and make the transcripts available online. Madam clerk, are there any announcements . Clerk yes, mr. President. During the Board Meeting, members will participate online as though they were present in person, and the public is invited to participate in the meeting in the five following ways. First, you are welcome to submit via email at board. Of. Supervisors sfgov.
Again. We will move as quickly as we can but should we not be able to accommodate every member in person today, we will be accepting statements for the record until thursday, april 30. This important hearing i want to mention the chairwoman has been in our thoughts and prayers we wish you nothing but the best as you recover. Small businesses and entrepreneurs play a Critical Role within the american economy. Not only do they employ half of the nations workers but created two out of every three new jobs in the nation. You only need to take the poll from main street america. It is demonstrated Small Businesses and employees and the Response Congress created with a Paycheck Protection Programs with as many Small Businesses as possible during emergency. A low interest loan can be forgiven if used for payroll and Small Businesses have a tool available to assist them as they weather the storm experiencing extremely high demand and within a two week span all the money was exhausted i devote m