Their Family Income in half. While applying for a loan modification, vanessa then fell victim to predatory lenders. She one of 35 homeowners in her neighborhood to lose their home to foreclosure that same year. It was nationwide, you know. That was the heartbreaking part, too, is we were literally losing the opportunity to pass wealth on to our children. Reporter she ran a day care at their first home and continued that business in their new place until she found highlevels of lead in the soil. So i didnt want to take any chances, kids and lead, it is not a good mix. Reporter she qualified for asis tabs to have the lead removed through Alameda County, but she needed approval from her landlord to get the work done. Vanessa said the Property Owners never responded which eventually forced her to shut her business. So no kids mean no, sir income. No income means no money to pay rent. Reporter that put her family at risk yet again. So runs we got behind on our rent, then, of course, came th
Meantime i want to go to blake burman on this back and forth so far how the cases are going because this is happening we have had backtoback days of 30,000 cases reported in this country. Something we have not seen since the beginning of may. To you, sir. Reporter neil, yes, the number of cases growing across the country. Over here at the white house though they continue to be adamant in their view, according to public experts they talked to and listened to here there is not a second wave right now. The white house view at the current moment. Though we are continuing to see the Economic Impact of covid19 and what it is having all over the country in just about every pocket you look, the latest example in northwest arkansas because china has come out today and said it is not going to be buying poultry from tyson foods facilities in northwest arkansas. When you look at the numbers, neil, there is a reason why because according to that company there have been roughly 3700 employees been t
Survive the crash. The pilot of the Pakistan International airlines eight 320 transmitted a mayday shortly before the crash. Witnesses said they saw the plane flying low with flames coming from one of its engines. At least three people on the ground were injured. Any report is out today, showing how many jobs were lost here in california in the month of april alone. More than 2. 3 million jobs were lost in our state. The Unemployment Rate jumped 15. 5 , the worst economic setback since the great depression, when unappointed was an estimated 25 . The unapplied rate during the recession in 2010 peaked at 12. 3 . Officials at the unappointed rate is only excited to keep rising. After taking a few days off governor is going to give us an update on the covid19 response in our state today. This comes as the governor announces he will be spending an extra 1. 8 billion to respond to the coronavirus per the governor says he expects the federal government to reimburse the state for 75 of that sp
All afirefighters are expected to survive a more than a200 firefighters abattling on the ground and we are atold they are making progress right now. athe fire is burning just south aof little tokyo on the east side of downtown. aif you are familiar with that area its near third and san pedro astreets. This has been upgraded to a amajor emergency category awithover 230 firefighters that ahave arrived on scene and we ahave moved into a defensive posture afor the fire attack. a we set up a medical branch that was acreated for treating and tranceporting our fellow afirefighter gls the captain described athe business where the exploson ahappened as a maker of butane honey oil. Butane is an odd orless gas a that easily ignites. Wiall be keeping an eye on any flareups. a atweeted this. My thoughts are with our brave alos angeles fire department, afirefighters closely tracking athe situation as we continue t get amore information and our coverage of the explosion and athat fire continues on kt
Strongly in the green on the day. Small caps up more than 3 on the day. The nasdaq composite yesterday erased all its losses for the year. Now up about 1. 7 on the year. Gainers today, energy, industrial, and materials. Basis, energy, tech, and a couple discretionary names here. We saw a pretty dramatic move on the short end of the u. S. Treasury curve. Traders still pricing in the prospect that we could hit negative rates in the u. S. It will be interesting to see if that materializes and what that would mean. Scarlet and just a followup on what you were pointing out with regards to the different sector performers, energy, the best performer for the week. Week for the major u. S. Indexes. And the russell 2000 also doing better than good compared to its largecap peers. Lets bring back gabriella santos. One thing we should mention with energy stocks, weve seen oil prices now put together two weeks of gains. We havent seen that since february. Do you think weve seen the worst in oil, and