County reason. Professor of epidemiology says we clearly have Community Transmission and he says testing remains a key way to monitor and manage the growth rate of infection. You dont achieve Public Health goals by not testing the people who are infected, you find the people who are infected, diagnosing them and putting them into isolation and tracing their contacts. Southern california has seen the largest increase. He believes that early bay area stayathome orders may have saved thousands of lives. Today, the governor declared a budget emergency to support the state response to the covid19 outbreak. This allows legislators to dip into the rainy day fund. Reporter monitored the News Conference and has more. It is something to worry about. The governor has always said that we reopen the economy, we will see a rise in cases and that is because the virus is, was and continues to be out there. The rate of positive test for coronavirus has been 5. 1 for the previous two weeks and now has c
That wraps up todays white house briefing. We now return to last Thursdays Senate commerce meeting on fcc oversight. The serenity they necertaint build at scale. Capital, talent is scarce. Innovation doesnt have to visit. The more difficult it is, the less likely we hare to get it. And its consistent, i would add, with three years of reforms we have made oven with great heat taken. They have been a proven concept for a regulatory approach. I think the reforms, the ones you championed in the steam line act, would have us close the Digital Divide. The period is a marked contrast from the prior eight years. We wasted a tremendous amount of time chasing around partisan little agendas, rather than focusing on what matters. I think this pandemic has pult Telecom Policy in a crucible. That is what we have to focus on. On closing the Digital Divide. That is where we have been the last three years and its paying off results. We have not raised the mission divide yet. And the u. S. Infrastructur
Which is indeed making a comeback. The latest numbers show a sharp increase in new cases, running to about 40,000 a day. The virus task force reconvenes today for the first time in two months. Some states are pausing their reopening program. That is a warning to the nations economy and the rebound. The wall street journal, this is an important warning for the president. The powerful Editorial Board bluntly said hes heading for defeat. Thats a warning for wall street, too, because a biden win would be a real challenge for stocks. So where are we this morning . Warnings duly noted. Ive got some red arrows there. The dow is down about 180. The s p down about 10. The nasdaq down about 15. Red arrows for three indicators. All right. Im going to call this a positive. Remember the mob that threatened to take down the lincoln emancipation memorial . They were supposed to attack it at 7 00 eastern last night . Well, it rained. The limited number of people who showed up retreated to shelter. The
executive order on social Media Companies. This is three hours and 25 minutes. [background sounds]. Good morning and welcome today hearing on the other side of the federal communications commission. And we have them here today. As a special welcome to our distinguished and all witnesses upon. Today we will hear from fcc chairman. In the commissioner and other commissioners. The fcc is the nations primary regulator and later state International Communications network. The core part of the agencys vision is to ensure that all people in the United States have access to rapid efficient and nationwide Communication Services at reasonable prices. Never before has the fccs responsibility to achieve this mission been more important. In the covid19 Public Health emergency experts a spotlight the Nations Communications networks in the American Peoples access to Broadband Services. Since march there has been a dramatic and sustained surge and internet usage. But the u. S. Network has performed we
Carolina, north carolina, due to spikes in covid19 cases. Well, that spooked investors. Look at the steep drop on the dow intraday chart at exactly 12 10 p. M. Eastern time. Now heading into the final hour, the dow still losing about 145 points but off the lows of a loss of 320 or so. The nasdaq which started the day heading for a record close above 10,000 is now down 13 points at 9,930. While apple closes up some shops, cities across the nation are still moving forward with reopening their local economies. Federal reserve vice chairman is here in a fox business exclusive, in his first and only interview this cycle, we will ask him what it all means for the 45 million americans out of work. How long will the feds money spigot stay open . And what new financial tools is the fed ready to pull out of its tool kit . Breaking news, call it response or just massive blowback, but less than 24 hours after announcing moviegoers would not have to wear masks, amc theaters has just reversed course