2. 3 billion trillion dollar stimulus package that is providing relief to Small Businesses. One of the biggest of that is 386 billion set aside to help Small Businesses with loans, checks, money that can be outright grants, Edward Lawrence has been following that because a lot of banks are handling the transactions, bank of america was up and running on this. He has the latest on all of th that. Reporter very interesting, Community Banks have led the charge on the spanking figure going forward, at 830 this morning, Steven Mnuchin has been on top of this to make sure. Look at the latest numbers, as of 1130, there was 2330 banks loans that have been given out for a total of 889 million that is direct stimulus into the u. S. Economy for the Small Businesses to keep people on pay checks and to give people pay checks and keep their lights on and pay the rent. On the jobs numbers, we expected was going to be bad but the number was really a surprise. Look at this a 4. 4 unemployment over all
Wont believe how many people think they have a shot against the tennis star is. It is monday, it is july 15th fbn am starts right now. Good morning everyone im shale cheryl. Good morning im Lauren Simonetti on this sunny bright monday green arrow across the board and nasdaq up 9 points. Theres a lot of talk about negative yield and if theyll hit the u. S. Well not the case right now. The tenure is at 2. 14 . Were watching oil after Tropical Storm barry cut more than 70 of Oil Production down in the gulf as you can see were up just two cents but above 60, 6023. Take a look at asia on that weak gdp number out of china. Shanghai composite up 1. 5 . South korea down 5 . For the japanese market now europe kind of a mixed bag but flat there you have the cac 40 lower the dax is slightly highser. Fasten your seat belts everybody it is one busy week for wall street. Second quarter earning season kicks off today. The spotlight will be on the financial companies. 25 Financial Firms in the s p 500
Call for a collision. We have paramedics on scene. Right now we are investigating what happened. There are no witnesses. The car hit the freeway guardrails and went down the embedment. Reporter what is the cleanup process . The truck is down there it seems like the lanes will be closed. How long do you expect the closures to remain. We have to investigate and once they clear it out will have the phone company come out. Heavy duty tow truck is needed to fully vehicle up. Maybe an hour to clean up. Reporter were there other vehicles involved . We only have one vehicle, a commercial vehicle went down the embankment. No other vehicles are related to the accident. Reporter and the driver . He passed away . Yes, unfortunately he did pass away. We do not have is identification with our working to get that information. Reporter thank you. We appreciate your time. An intense scene out here. As for the traffic of course a lot of people are concerned about it. On the westbound lanes there are peo
Orleans you need to be watching this closely because we need to time it to evacuate over the next couple of days. Wed always heard about the big one, at least in my generation we had yet to experience anything like that. It was evident that this was the big one. Mayor nagin was a little slow in expressing the need to evacuate new orleans. My name is andy card, and i was chief of staff to the president of the United States. He said i want to think about it. And he didnt need to think about it. The mayor wont order a mandatory evacuation, the governor wont order a mandatory evacuation. Became a major hurricane category 3. I had my store to think about. I had the employees to think about. As well as myself. My name is doris neville, and i lived in new orleans east at the time of katrina. I didnt want to frighten them, so i opened shop. And im still waiting for nagin to say we need to evacuate. I dont want to panic you, but i want to make sure that you understand that theres a major hurric
Orleans you need to be watching this closely because we need to time it to evacuate over the next couple of days. Wed always heard about the big one, at least in my generation we had yet to experience anything like that. It was evident that this was the big one. Mayor nagin was a little slow in expressing the need to evacuate new orleans. My name is andy card, and i was chief of staff to the president of the United States. He said i want to think about it. And he didnt need to think about it. The mayor wont order a mandatory evacuation, the governor wont order a mandatory evacuation. Became a major hurricane category 3. I had my store to think about. I had the employees to think about. As well as myself. My name is doris neville, and i lived in new orleans east at the time of katrina. I didnt want to frighten them, so i opened shop. And im still waiting for nagin to say we need to evacuate. I dont want to panic you, but i want to make sure that you understand that theres a major hurric