And now get hbo max included. Limited availability in select areas. Call 1. 877. Only. Att first, the sir Francis Drake statue was taken down, then less than 24 hours later, the name came off of the high school. The governors new strike team. Their mission, fixed states overloaded unemployment system. Were locked into our typical summer pattern for now. Ill show you whats changing for the weekend coming up. San franciscos latest weapon against covid. Millions of dollars in support for immigrants and undocumented families. Abc 7 news starts right now. Building a better bay area for a safe and secure future. This is abc 7 news. So, yeah, its a little scary for me because, to me, its life and death. Tonight, relief is finally on te way o californians who have been unable to get unemployment benefits. Governor newsom announced a new strike team to address the numerous problems and the backlog. This is an issue abc 7 and 7 on your side have been on since day one. In fact, weve received abou
Reporter governor gavin newsom is promising to fix the states overloaded unemployment system with a strike team. Newsom explained there should be no barriers between californians and the benefits they have earned. He pointed to Unprecedented Demand due to job loss during the pandemic and an antiquated system creating what he calls an unacceptable backlog of claims. His office estimating there could be about 1 million claims eligible for benefits with added information. Welcomed news for valerie dean. I hope that it brings about action for so many people. I mean, i think that theyre just completely overwhelmed and i feel for the Unemployment Department employees. Reporter dean initially reached out to 7 on your sides Michael Finney for help after losing her job at a Printing Company because of covid19, edd started paying her benefits, but then the money stopped. According according dean, edd flagged her for a job from three years ago. Deducting penalties this year. She went seven weeks
Around the bay, 66 in San Francisco and cool along the coast in the low 60s in pacifica. Talk about the rest of the week and when we will see temperatures heating up in our full forecast coming up. Lets check in with gianna for a look at traffic and a Traffic Alert this morning. There is on the antioch bridge southbound so youll see delays. This is a major injury accident involving a vehicle hauling a trailer as well as another truck, possibly a garbage truck. Theres a lot of debris in the roadway. Caltrans has been called to the scene and has been out there since about 3 45 this morning and theyre trying to let traffic through and antioch bridge southbound around mid span and youll see the closures and right at wilbur avenue. Anne. Im anne mack vic. These floods are the worst Natural Disaster to hit japan since a typhoon in october that killed almost 90 people. Back to you. Right now, Fire Fighters are trying to stop a fire anyoning east of gilroy. This all broke out yesterday and is
We have is started. Somewhere on some fertile acre, the plow knifes through soil that abounds in promise. The farmer, though he plows alone, is not alone. His life is tied in with the lives of many others, all of us who depend on him and his mechanized labors. And he in turn depends on all of us. Somewhere on a lonely range, the earth trembles under the hooves of cattle on the move, and the man who rides the range alone, can hear the rumble of distant machinery in a factory where others will finish the work he has begun. Somewhere, someone sets a blast to erupt rich oil. Metal froms of stubborn rock. And thereafter, people, many interdependent people, come to fashion the products of human inventiveness from all of the bounty of nature. Wheat. And to grow the wheat, it takes a farmer. From new york to michigan, nebraska to oregon, and the dakotas down through the great wheatbelt, 100,000 farmers grow the finest wheat. Raw material for industrial alcohols for fine finishes. Sugar. And to
Concerned about the move. Airbus against the biggest restructuring in its history. It will cut 15,000 jobs with the majority impacting the main bases of germany and france. 6 00 a. M. A manus in london, 7 00 a. M. In paris, and 9 00 a. M. In dubai. It is the three fs for friday, the fed, the fact she warning, and i thought i would throw in fedex because it is a nice triptych. I want to focus on the fed. Spirit toimbue a new the yield curve control narrative . Open interest in the bond market is the equivalent of 36 billion. The bond boys and girls are locked and loaded for yield curve control conundrum. Good morning. Nejra good morning. We are certainly seeing signs as you point to have that yield curve control trade alive and well in the bond markets. If we look at equities, i mean, best quarter for u. S. Equities since 1998, manus, and it is interesting because if we look ahead and think about where we go next, you can see the profit forecasts taking higher and some saying that will