And you end the. Five i cant contact got 50 i to i visited in the and that officers did not respond for 15 hours. With some of the Violent Crime that we get daily, it takes our officers away from responding to this property crimes. Reporter he says police need to do better. Every time they give you some reasons. We are busy, we had shooting somewhere. Thats not a public service, because i am a citizen. Reporter the owner tells me he would like oakland to hire more Police Officers who live in oakland so they are invested in the community. In the meantime hes considering moving out of state. Staying in oakland right now, firefighters are trying to figure out what sparked a house fire that destroyed one home and badly damaged another. Crews responded to airport of a fence on fire around 5 45 near sycamore street and dr. Martin luther king jr. Way. The fire started outside and quickly spread to two comes. One person was rescued from one of the homes and taken to the hospital for treatment.
The sidelines . Reporter both the white house and democrats say they are trying to reach a deal. Today Key Information came out about exactly how far apart they are on the issues. At friday evenings news conference, President Trump set a deal was still possible for another coronavirus release build. My administration continues to work in good faith to reach an agreement with democrats in congress that will extend unemployment benefits, provide protections against evictions. Reporter President Trump lamed democrats for the stalled talks and said he is prepared to sign executive orders for a payroll tax cut, an extension of unemployment and if its and an Eviction Moratorium through the end of the year. It came to be by the end of the week. Reporter democrats say republicans in the white house negotiators are the one dragging their feet. House Speaker Nancy Pelosi sent a letter to democrats with the biggest differences. Republicans say 15 billion should be spent on testing and contact tra
Is it a u . Maybe its an l. Or perhaps its a z. Or maybe its a w. Or a nike swish. We keep hearing people argue about the shape of the recovery. But this whole debate misses the point. The defining question of this market is very simple. Will we have a depression . Anything that makes a depression less likely causes stocks to explode higher thats what yesterdays rally was about. Even though we gave up some of the gains today, im calling it a consolidation day no matter what dow sinking, nasdaq dipping 5. 4 when you have a bag r big rally yesterday and it us diddant give up everything because of a Late Afternoon sell off, it is a of a kelgs. The issue is not whether well have a rapid v, recovery u, bounce the w, l shape, i dont know the l, of course, is the house of pain for ages maybe we havent started talking about the swish because of the Michael Jordan series. The market slows down dramatically all the people fretting about the shape of the recovery are getting ahead of themselves.
They are outside allentown, pennsylvania. We will keep our eyes and ears on it in case any news breaks. In the meantime, as the president visits the keystone state, elsewhere, other states are taking more and more steps to get business back to normal. You have been hearing about it all day. But they cant do it without data. Where are the covid outbreaks so they can douse them as quickly as possible. Weve got a fox business exclusive with the Company Already helping governors around the nation set up digital cloud command centers. By the way, the stock is up 101 since april. You will meet the ceo. We will give you the name of the company. And the stayathome orders giving doityourselfers a reason to exist. While husbands and wives around the nation roll their eyes, trex is a clear coronavirus winner in the Home Improvement craze. The deck material maker ceo is here on what everyone is rushing to buy. Plus, we are live at the cdc as it grapples with covids new and terrifying symptoms show
2. 3 trillion gauntlet against the economic catastrophe caused by the pandemic it was remarkable move coming within seconds of the devastating news that 6. 6 million more people filed for Unemployment Insurance last week the averages were actually able to rally including the down and out stocks dow gaining 286 points s p climbing 1. 54 nasdaq advancing 7. 7 . Without powells extraordinary i was blown away extraordinary announcement, the hideous jobless claims would have pancaked the stock market. Weve gone from the strongest labor market in a half century to one of the weakest in no time flat it didnt matter to wall street because the fed is buying all kinds of distressed debt you dont see i keep saying its so important. Buying municipals. Some of those are hurting. Buy high yield Corporate Bonds thats fabulous news because those were two big pressure points in this rapidly deteriorating economy. What a difference from the old days between the 2. 2 trillion rescue package from congress