Showing you that, and you can see, upper 60sin San Francisco. Mid70s for oakland. Mid80s for san jose. Heating up inland. Concord at 90 degrees this afternoon, and 92 for fairfield. All of us cooling significantly by the end of the week. I will let you know what to expect at the end of the week, coming up. Im anne makovec and we just got the new numbers on unemployment from the department of labor, and in the last week, 1. 5 million americans filed for firsttime benefits, and thats slowing a little the bit as we have seen progressively from the peak at the end of march. That was when the oneweek total was 6. 9 Million People reliant on government aid. The total now at 20. 9 Million People in america on unem wl see how the numbers affect the stock market in less than half an hour. Oakland is the target of a new lawsuit over police misconduct. It seeks an injunction over using nonlethal weapons against protesters. Kiet do has more on the lawsuit and the latest demonstration in the street
We can get above that 200 day. I have to tell you, once again, what causes a decline its always the banks. Why the banks . Because we cant value we cant value them because we dont know what their future loan losses are going to be. I think that the feds chilling statements made for a tremendous confusion because, remember, weve been skating everybody has been saying how can the market almost bet a its high the answer is because we dont have any data. No real reports that contradict that i didnt like the nike quarter, but people already apologized for that it is the banks and, once again, when i think of the banks an article today about credit cards and how people arent taking the big credit cards with the 400 and 500 fees. David, the credit side continues the buyers jim, that is really interesting to see when we start to get the earnings where the focus of investors is. After the close we get jeffries. Investment banking not overry large but what will be interesting, jim, im sure well
We welcome you in different localities around a beautiful and recovering new york city. You see that on the stock market this morning, with equities up nicely, and yields higher. Safe havens a little bit in retreat. Jon, what is your observation on a tuesday as we move through the week on how this market is doing . Jonathan the focus quite clearly, reopening. Views are still polarized because the near term are so binary. Either reopening is a success, or it fails and we get a second wave. It is one or the other in a nearterm, at least. Tom one of the things that is so important is when i look at the recovery that we are in, it is predicated on the next round of stimulus. Why do i need a round of john norman at j. P. Morgan is telling me we are in some form of recovery . Lisa a lot of people are expecting the federal government p enhanced Unemployment Benefits. There is expectation baked in that that will continue. My question is, how much pressure will they be on washington to continue
The Libyan Government in tripoli say theyve seized control of a major air base for more Khalifa Haftar. Antigovernment protesters emerge from course in hong kong after being charged in relation to mass rallies. And its a big part of tourism in kenya how corona virus is affecting its wildlife as a. Im going to go with sports as live go for turns to the u. S. Worry mcelroy Dustin Johnson with a Charity Match behind closed doors in florida raising more than 5000000. 00 for the fight against coronavirus. Now the country at the heart of the corona Virus Outbreak thats now infected nearly 5000000. 00 people around the world is defending its handling of the pandemic and chinas president says beijing supports an inquiry but only once the virus has brought under control had the World Health Organizations annual meeting she jinping also pledged money to fight the covert 19. China will provide 2000000000. 00 over 2 years to help with the global covered 1000. 00 response and to help with economic
Going to prosecute. The governor calls these businesses selfish. President trump goes to pennsylvania on thursday and later on this program, we will have numbers from businesses in states that have allowed a partial reopening and ill tell you now, business is good. Moments from now, we have Shelly Luther with us. Shes the salon owner who went to jail for opening early, an American Hero on this program today. One hour from now, dr. Anthony fauci begins his virtual testimony before congress. Reportedly, he will say opening too early means needless suffering and death. The democrats will try to drive a wedge between dr. Fauci and the president. We will have, by the way, the latest on the explosive revelations coming out about what president obama was doing to instigate and set off the russia collusion mess. Turns out joe biden was in the key meeting. He was asked about it this morning. He did not have convincing answers. The status of joe bidens candidacy, the markets stunning recovery, o