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Transcripts For CNBC Closing Bell 20240712

Growth is slowing down due to the outbreak across the sunbelt. We have been at one point up 6 . Were now up 0. 7 . At one point we got to the highest level since the pandemic began. Ahead on todays show, stocks seeing a big rally to start the week Jeff Rosenberg of black rock says the bond stock model does not work in this environment he will join us to discuss where hes putting his money to work right now. Plus, entertaining in the age of coronavirus. Well speak with pitbull about how artists are navigating a World Without live events, and his efforts to help latino businesses lets focus in on the big stories with 59 minutes left of trade. Bob pisani tracking the action phil lebeau is watching the surging stock prices of electric vehicle makers joining us with his thoughts on the race for a vaccine and the biotech name is michael ye from jeffires start us off with the market with the dow up 400. We have had a remarkable run in the last three weeks or so, sara, with mega caps, semicond

Transcripts For CSPAN2 House Hearing On Tax Relief Amid Coronavirus Pandemic 20240712

Many situations people find themselves. The recession has laid bare the economic struggles of millions of American Families with almost no warning to the shutdown that claimed tens of millions of jobs and American Workers and families felt the ground fall from under them. The. The country was on the verge and so many have lost their livelihoods and exhausted their financial reserves. They are facing financial catastrophe. That growth hasnt been broadly shared starting in 2009 with 128 months of growth so many neighbors are facing financial catastrophe they do not fal falr r. E irreversible financial disaster. As businesses gradually reopen, many workers are coping with drastically reduced hours and lower paychecks that will not cover their bills. Even people fortunate enough to be returning to work will likely be struggling for some time to come the Child Tax Credit and earned income tax credit and it also supports workers with a more generous employer retention tax credit to maintain

Transcripts For SFGTV Mayors Press Availability 20240713

Economic and work force development. Today we are going to do things a little different because we actually have good news, and we actually have a guide for what San Francisco will look like as we begin to envision a new normal, and a future where we can get our city going, get back to work and get back to our lives as we know it, although we will be making a number of adjustments in this process. Four months ago we operated the Emergency Operations center, and we called attention to what we knew potentially was coming to San Francisco. About three months ago we declared a local state of emergency. At that time we had not one case in San Francisco. 10 weeks ago, we ordered shelterinplace. The fact is we acted fast and San Francisco is being praised as a model for not only stopping an acceleration of the curve. We are at the stage where we are seeing the curve lowered finally. There is hope, but we still have a long way to go. The fact is at that time there is no vaccine, although we ha

Transcripts For SFGTV Mayors Press COVID-19 Update 20240712

We are going to start on time. I am london breed, mayor of San Francisco. Today i am joined by the carmen chu, director of department of Public Health, doctor grant colfax and director of emergency management, director of housing and homelessness and the director of the office of economic and work force development. Today we are going to do things a little different because we actually have good news, and we actually have a guide for what San Francisco will look like as we begin to envision a new normal, and a future where we can get our city going, get back to work and get back to our lives as we know it, although we will be making a number of adjustments in this process. Four months ago we operated the Emergency Operations center, and we called attention to what we knew potentially was coming to San Francisco. About three months ago we declared a local state of emergency. At that time we had not one case in San Francisco. 10 weeks ago, we ordered shelterinplace. The fact is we acted

Transcripts For KPIX KPIX 5 News At 6pm 20240713

Farthest inland locations. The risk of heat exhaustion, or heat stroke is there. So find the air conditioning, dont overdo it tomorrow. Theres a daytime snapshot. 91 in concord. It was 91 today. I know that felt hot. Ill be back in a bit. This is not a one day heat wave. We need to talk about the next four after this. I understand its going to get even warmer from there. Well continue our Team Coverage live in Golden Gate Park, and joes about to show you some video, where i dont know, joe, i noticed most of the people in your video did not have masks on, but ill let you tell the story. Reporter well, brian, that is look, the fact is, you are allowed to go outside, you dont always have to wear your mask. Officials have made it clear, if you think youre going to maintain social distancing, you can keep the mask ready, but not also on. Thats what weve seen here, were in Golden Gate Park. Folks are out on their bicycles with their families, again, not always wearing a mask, but the main ch

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