The system . Michael no. He repeated that comment today as his parts of efforts to Tell Congress they need to do more in terms of lending programs, more in terms of fiscal support. Strategy oferall letting inflation run hot or is designed over the longterm to try to help by not cutting off credit to the economy when it starts to reach the lower levels , when Economic Growth starts to help the people he was talking about, which is what they did in the last expansion. Where theill take a long tipecd first 300 billion 300 Million Dollars will go. Andlked with their chairman ceo, brian moynihan, about that program. We have a billion dollars across 1 billion across those programs. One is entrepreneurship, one is educations and job creation, and another is health. You have the healthcare crisis, which affected these communities more than other communities, and that has been statistically proven. We have been doing a lot. Recently, we announced 25 million would go in nearterm health and issue
Motivated. The first floor and the second floor is completely burned you can see the debris outside the San Francisco Armenian Community woke up to a suspected arson at their Church Thursday morning. Members of saint gregory the illuminator are pasta lecture coming through to be trying to save whatever made it through the fire on to on chairman of the churchs board of trustees believes they were targeted it has to be some kind of a hate crime involved in we had a similar situation of keys evie school. And we think this is somehow a continuation. No one was really a veteran the the lighting the vandalism was telling us exactly who they are on to be on is referring to this incident in late july where suspects vandalize the San Francisco Armenian School with graffiti conveying Union Messages we have no doubt in our minds that this is the continuation of that act. Even though theres nothing hourly pointing at that and the timing of it being right in the rapids in succession leads us to bel
We want to begin with the brand new numbers overnight. More than 3,200 confirmed cases in the bay area and Santa Cruz County with 86 deaths. Sonoma county is reporting five new cases, pushing the total to at least 105. Santa clara county continues to be the hardest hit with more than 1,000. San francisco and san mateo counties are closing in on 500. To the north, mendecino county reports four confirmed cases now. Lake county still reports no positive cases and even further north, humble county is reporting at least 40 positive cases from the virus. The big headline, as you begin your weekend with new shelterinplace guidelines, the cdc is now recommending you wear cloth masks or facial coverings when going outside to wrk orn9c mask, but handmade cloth coverings or ban dandas. N95 and surgical masks must be reserved for Health Care Workers and First Responders. President trump says he will not be wearing a mask. This is voluntary. I dont think im going to be doing it. The policy of socia
Through her belongings but only take being ha taking hand chargers and sanitizer and wipes. I thought it was crazy. Even Police Officers were rolling their eyes. Coronavirus has even criminals going crazy. Reporter and were back here live where you can see shopping carts are available. But earlier today there werent any. Thats because the store was at capacity, and they werent letting anybody in. We are seeing shoppers with masks on. This costco is out of bottled water. All paper goods, and of course the disinfectant wipes. Im jodi hernandez, nbc bay area news. Thank you. So thats the scene in fa fairfield. This is a live look in san jose, the lines not wrapped around the biddin building. It is still very active. The parking lot is full and shelves relatively empty. Earlier today, same costco, hundreds of people lining up an hour before the store even opened. One shopper told us about the chaos that unfolded earlier. People are nervous right now and dont know what to do. When you get p
But did bern knee pull biden too far to the left . Well react. It is monday march 16th. Fbn am starts right now. Cheryl here we go, welcome to fbn am and good morning everyone. Im cheryl casone. Lauren good morning to you at home youre like lie watch withing from home not the gym not work this morning thank you for joining us im lauren simonetti. Cheryl lets take a look after feds dramatic move late yesterday. They cut rates, and they agreed to 700 billion in bonds purchases e mostly treasure reis. Some of those mortgage back securities were limitedded down overnooght for the s p and nasdaq right now dow down and s p down 128 and half nasdaq is is down 3. 59. 75 and cannot go below 5 and remember, though, folks dow had biggest one day surge since 2008. This is volatility. Lauren take a look at the ten year treasury how pan pick investors are really down, 7 . Cheryl on fed moves we saw oil go briefly below 30 a barrel overnite right now were at 30. 10. But thats selloff 5 for oil this i