Gained 160 points, but the nasdaq dipped 3. 4 we still care about the federal reserve. They know nothing just kidding. Or the president s speech tonight at the Republican National convention. But the core question is very simple, do you think we can beat covid19 sometime soon or are you expecting it to plague us into next year that can be difficult to see today, we were obsessed with fed chief jay powells big speech at jackson hole we parsed every word, and it wasnt worth parsing he was a prisoner of the flimsy orthodoxy, but these days he doesnt want to be the reason the economy falls apart. Hes saying forget the foolish ways of the past 40 years of fed chiefs his goal is to help the economy, period, until the pandemic lifts. Its joyful. Hes really smart and good guy thats a stock market like a supermarket. There are some aisles we want to go to when the virus is raging, and theres others we want to go to when its on the ropes. We dont know when well beat this thing ive been telling y
[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] its my great pleasure to have my best dressed and old friend tom wolfe here for breakfast. [applaus [applause] i decided the one thing that had not been touched was college life. We or i began to hear about coed dorm, but it was a total abstraction to me. I mean, i assumed it meant more sex, but it was i couldnt get a picture of it. We heard about corruption in big time collegiate sports. I was curious how this affected the athletes themselves. What were they like . Weve heard of Political Correctness. We hear a lot about Political Correctness because in the we journalists are much more apt to be talking to professors of one sort or another, than to students. And i discovered right away that students today are eager to talk to some older person honestly about what theyre doing. And in this case, of course, it was a novel there were no dangers identified by name or even by looks, as a
Hour, and we will also head to Wrigley Field as the return of baseball is expected to bring Big Television ratings on pentup demand for live sports Brian Kilmeade is joining us with that cant wait but first to our nations capitol and questions over getting backtoschool. New cdc guidelines seem to favor a full reopening, this as President Trump is acknowledging that some schools may have to delay opening their doors in the fall. Fox Business Correspondent ed lawrence on the debate over getting the doors back open. Edward . Reporter yeah, david, these new cdc guidelines designed to do just that open schools safely. Also what to do if a child tests positive inside that school. Now, in this it does mention or talk about how the importance of getting kids backtoschool and inPerson Instruction and how schools help developed the whole child. But ultimately the guidance is designed for individual districts to make that decision, and now President Donald Trump changing his tone on schools just
Other cities. The protest started peacefully but turned destructive after the sun went down. The protests started late last night and didnt wrap up until the Early Morning hours, despite the night of unrest protesters still want their message to be heard. Reporter from a fire at the superior court house to smashed windows at the Police Department and city hall, the damage is extensive from was started as a peaceful saturday night protest thats a handful of people took in a disruptive direction. 700 people took to the streets of oakland where federal officers were called in and a move to control protests there. I feel like the protesters are just people who want to be heard fighting for equality and i feel like they should be allowed to do that without intervention and. Reporter several people were arrested and there were many reports of vandalism and small fires. Saturday night the pd says the protest was an Unlawful Assembly and agitators in the crowd threw objects at officers. At lea
Area, temperatures are near average to below and in the sierra, big time thunderstorms erupted yesterday. You can see that in tahoe and northeast california and also into the northern sacramento valley. So a typical july pattern. There is not much changing. Temperatures right now are in the 50s or low 60s. The city 55, the city has really been stuck. Lows in the 50s, highs in the mid text is mainly and overall this pattern is here to stay. It looks like subtle daytoday changes. Over to sal on monday, and still okay out there . It is still okay out there, steve, i like it. Theres no major issue. Right now traffic looks good though. No major problems there and traffic is moving along nicely. This is a time when, if youd you need to get out there early, take advantage of a nice commute. Lets go back to the headline. Thinks sal. Right now, the number of coronavirus cases in california has surpassed 450,000 with more than 8400 deaths. In the bay area, there are roughly 48,000 cases and 762