It is the 32nd time this year the nasdaq has set a record close again. This morning, we are looking at a negative picture this morning, you are looking at red ar owes. S p indicated down by about 16 points everybody is waiting to see. At least right now, 10year looks like it is narrowing to 2. 5 jobs friday today. Forecasters will expect payroll to climb 1. 48 million after june gains shattered expectations a huge number this time around unemployment is expected to drop 10. 6 from 11. 1 from june well take you through 8 30 a. M. When those numbers actually hit. News breaking this morning for those of us in new york city who woke up and thought what just happened. Con edison investigating widespread outages. As an upper westsider, no power there. You lost power . A true black out. We are in 2020, what could go wrong . I looked around and thought, it is so dark what is going on is the nasdaq going to have power. What am i going to do . Here we are middown. You left connecticut to come to
Supplies, and work orders of other city services, such as department of Human Resources, Controllers Office services, and rent. We have six f. T. E. S with the Directors Office vacant since march of this year, and we have an open grant funded position that youre not seeing in this chart, just vacated last week that were working on filling quickly. We, like all City Departments were instructed to propose a 10 reduction. We proposed initial reductions amounting to 959,000 annually, and this was an across the board proposed reduction of almost 12 to our communitybased grant fees. Realizing the impact of these grant fees to the vulnerable populations and the populations these serve, the Mayors Office asked us to submit some lower alternative reduction scenarios. The Mayors Service accepted our approximately 7 reduction, which would come from the departments genderbased balance intervention program. Understanding that all of our grantees work serves vulnerable and underserved communities, t
I am actually geyser this is the kaiser of port. Blowing bubbles or who would. You know are blown bubbles you know a lot more about this plus some poetry from what i understand take it away stacy well were going to look at the end of an empire of debt we have had a global. Pile of debt since 1971 and it is blowing up in the says what we have been preparing me for for the past 10 years we believe its here and yet you know im going to read some poems im going to think of some poems that america right now because we are the u. S. Dollar we are so we are the empire and you know robert frost said the woods is lovely dark and deep but i have promises to keep in many miles to go before i sleep and of course Emily Dickinson said something along the lines of because i could not stop for death you know i was just too busy i had all these things to do lunch appointments all that sort of stuff he kindly stopped for me the same thing is like were very busy i guess bit busier busier we have all sort
Microsoft overnight. That is being digested as well by u. S. Investors. You have the currency offshore at seven, currently. It is weakened by about 2 10 of 1 . The aussie dollar is looking like that, said he six. The euro is flat. The bloomberg dollar index is weakening, down a 10th of 1 . Lets move it down. The stock was suspended on july the 13th after they failed to get a renewal for their license. Currently trading at 10. It is down 30 . It just reopened after a 10 day suspension of trading. The company saying it is in talks with its creditors over longterm debt. It will continue businesses that dont require that franchise. Noncoret nunc activity. Rishaad china vowing to retaliate for the u. S. Closing its consulate in houston. Protectd it is to information. President trump indicated more such moves might happen. President trump as far as closing additional embassies, it is possible. We thought there was a fire in the one that we did close. Everyone said there is a fire, there is a
Cable channel 26 and sfgovtv are scrolling the call in number on crosonthe screen. Once connected and prompted enter the meeting id1464783455. Then press pound followed by pound a second time to be connected. You will hear the discussions but you will be muted. Your line will be in his senning mode only. When your item comes up dial star and three to be added to the speaker line. The system prompt will indicate you have raised your hand. You may begin your comments when unmuted. Call from a quiet location, speak clearly and slowly, turndown your television or radio or streaming device. Account for potential time delays between live coverage and streaming. You may submit Public Comment in the following ways email me john carroll, clerk of government audit and Oversight Committee. Please submit the comment by email. I will add to the public file for the legislative matter. You can send mail to our post office at city hall. Finally, items today will appear on the agenda of august 11, 2020