Around the bay this morning. Temperatures are once again in the 40s and in the 50s. Another cool start for sure with the live look at arch treasurer island camera. We will show you in concord, looking at 49 for santa rosa, oakland and San Francisco, 52, mid 40s, as we head to the day, we are looking at many locations in the 60s, so 60 in San Francisco, mid 60s for oakland. And for concord. I will let you know when we will see a little bit more sunshine and when our next whether system will bring a return of the rain. Lets check in with gianna for a look at traffic. Unfortunately the transit is making a number of changes, their latest Public Agency to modify their schedule because of lower ridership. Make sure you check the schedule before you head out the door. There will be some changes for most of their bus routes for the next few weeks. Or until further notice. Those begin today. The rest of mass transit is on time and again, caltrain, weekday trains are now down to 42. They are rec
Louis estimates the why dont you two do a little bit of warming up . Unemployment rate in the u. S. Maestro . Come on. Oh, okay, great. Thank you. Yeah, yeah. Could soar to 32 in the Second Quarter with as many as 47 million workers laid off. That number easily tops the 25 Unemployment Rate during the great depression. Governor newsoms call for help has led to the creatis ho as 37,000 healthcare workers in the state. Ktvus Debora Villalon joins us now with more on how this health corps will work. Reporter its Human Capital to match the surge in the disease. He wants anyone with healthcare schools from dentists to paramedics and students, too. Only two months from graduating. All body fluid is suspect and all patients presumed positive. Reporter this Nursing School dean is proud of her 42 students for what theyve accomplished in training and what many are doing as volunteers vid19 test site in marin unmaking a c change to nursing during a pandemic, no misgivings. I think i was put onto
Minutes. Plus im going in depth on liberty and prosperity. As more americans wear face masks are we getting a faust sense of security . What about that malaria drug causing fights inside of the Coronavirus Tasks force . I will ask a doctor for his take on that. All that and so much more on making money. Charles stocks soaring as investors grasp at the, some early signs of hope in this battle with the coronavirus outbreak, encouraging words from President Trump that the crisis could be reaching some plateau of sorts coupled with encouraging signs across europe and in fact new york state which we know is the hardest hit in this country. I want to bring in capital wave strategist, shah gilani and ehren gibbs. I want to look at the data coming out of europe and south korea, china. Then in moved to italy, now of course spain. Every time i see positive signs ive also seen some correlation with the stock market, at least in futures trading but this is a big move today. No, definitely. I, it i
Mike scollins, if youre from new jersey and youre angry, Mike Scollins wrote that joke. President trump announced yesterday he would extend social distancing guidelines through next month, said americans, this is still the same month . This march came in like a lion and went out like a kick in the [ bleep ]. Thats right, despite saying last week that he wanted to have the country open by easter, President Trump said yesterday he would extend social distancing guidelines until next month. On the plus side, you can still spend easter the way you always do, by completely forgetting about it until your mom calls and you lie about going to Church British Prime Minister Boris Johnson has written a letter to every household in britain urging people to stay indoors and practice social distancing during the coronavirus outbreak. So thats interesting. Social distancing is called the same thing here as it is there i just assumed it would be Something Like her majestys dodgy pleasure. Either way,
A far better measure is the ten Million People who filed for jobless benefits in the last two weeks. Fed governor lockhart just told maria the jobless rate is already more like 10 . Clearly, we are in an employment crisis, and another report that comes up at 10 00 eastern will likely show the Services Sector in collapse. Thats a strong word to use but its accurate. Later this hour, we are going to talk to larry kudlow, the president s chief economic adviser. I will ask him how bad is it and he will spell it out. Look, with nearly 300 million americans under a stayathome order, the economy is shut down. Morgan stanley says that between now and june, the economy will shrink by 38 . That would be a depression, the likes of which we have not seen before. Travel, shut down. At the airport tsa checkpoints, they are processing two million fewer passengers every day. Thats down 93 from a year ago. Those flights that do take off, virtually empty. Public transit ridership, down 75 . Commuters ju