Likely to hit around 15 . This morning, the private sector reports the loss of 20,236,000 jobs just in april. Reopening the economy is designed to try to bring back some or most of those jobs. So here we are. With all the bad Economic News breaking around us, what does the market do . Well, it rallies. For the third day in a row, the market opens higher. This is a bet on the recovery and a bet on the federal reserve, which is putting at least 4 trillion into the economy, and the treasury which is putting in over 3 trillion. Thats called stimulus. Investors appear to like it. The dow is going to be up about 140 points. Nice gain there. The s p up 15, nasdaq up about, what, 58, 60. Look at this. Oil, 23 a barrel. Thats where it is now. Earlier, it had been at 25. There has been a dramatic fall in supply and a hopedfor pickup in demand as some states start opening up their economies. So thats why we are in the mid 20s for the price of oil. But you can say goodbye to the gas price decline.
Resident and Business Owner has seen a lot of Cinco De Mayo celebrations. They ask that those who do celebrate to do so responsible and safely. It seemed that covid19 was just a thought. Reporter east bay resident witnessed the parking lot at theneural section of story and king road. I saw maybe one mask on one person. At one point cars were participating in side shows. All of hit disheartening especially since hes a Business Owner. Were doing so much to letter in place and all for not because of other peoples reckless behavior. Reporter carlos says he saw a lot of Police Officers but not enough to handle them off. San jose was investigating another shooting over the weekend. They plan to have additional officers but they will not be going into had the crowd. What is disappointing and what is alarming that people are starting to let their guard down. She says it will be ultimately up to families to educate and plead with their loved ones to stay home. Especially since multiple generati
Netflix up and gains by apple and facebook getting help this morning from what we see in oil prices. Youll see wti is up almost 10 . Up about 9. 5 to 23. 34. That is a big come back for wti. Thank you, becky. Oil market market oil thats been a lot of the story want to bring you other headlines. United airlines as mentioned, planning to cut about 30 of management jobs in october according to a company memo that works out to 2,400 white collar jobs and has also warn the pilots to prepare for displacement that it will let go about 30 of its pilots. The airline has accepted aid and if they cant may pay by the end of september 30. This was always the issue, if you are going to give government money and taxpayer money to the airlines, you are going to force them to keep people on the payroll, you are eventually planning to let go of them anyway, there is something off about how this program was structured we want people to stay employed but either restructure to a bridge where they can run t
With their own plan on how and when to ease social distancing. California is putting together a bottom up plan, a framework for targeted interventions and easing of restrictions in the state. The government doesnt get opened up via twitter. It gets opened up at the state level. We will make decisions based on science. Reporter legal experts agree the president has no authority to lift state emergency orders. Hes defending how he handled the coronavirus crisis. Everything we did was right. Reporter now millions are without a paycheck waiting for money from washington. We expect that over 80 million hardworking americans will get the direct deposit by this wednesday. Reporter but the next round of covid19 funding is in limbo. Top democrats are refusing to sign on unless money is set aside for hospitals, state and local governments, food stamps, and in minority owned businesses that have trouble getting traditional loans. Now, speaking of those loans, Small Business loans, the government
Here at the National Archives, the archivist of the united states, please you could join us in the theater. A special welcome to the cspan audience, two other programs coming up here in this theater. On tuesday november 12th at noon, historian Richard Broke kaiser will tell us about his new book give me liberty, history of americas exceptional idea, americas history to 12 documents. On tuesday november 14th at 7 30 we will host a veterans day tribute, world war ii soldier, photographers on the signal corps, photo collection at the National Archives. The authors of the new book entitled aftershock, the human toll of war, join historians for a these less wellknown images of the wars end. Keep informed about these events and others to check our website, archives. Gov and sign up outside the theater, and other National Archives and activities. Become a member of the National Archives foundation, supports education and outreach activities and other members of the board of the National Archi