Different. Weve had to adapt to different circumstances. That is the theme to this years event, wisdom, justice, adaptation. We believe adaptation is the right focus for this years session. Circumstance. In fact that is the theme for this years event, wisdom, justice, adaptation. As you probably know the playoff motto that we believe adaptation is the right focus for this years session. Speaking of the session today is only the opening events over the next several weeks well be back here on tuesdays at 11 00 a. M. To explore the way the families their businesses and their government are adapting to a changed world. We will covering the following areas, education, the budget, land use and transportation, the economy, housing, and healthcare. With exciting panels of experts lined up for each of them and we hope you will be able to join us for many of those as you can. We are grateful to be joined on this journey by some key sponsors without which our work would not be possible. They are
Foundation on behalf of the entire staff and our board of trustees we are very glad you joined us. If you have attended this event in the past you are well aware this years edition is quite different. Like so much in our society we have had to adapt to the current circumstance. In fact that is the theme for this years event, wisdom, justice, adaptation. As you probably know the playoff motto that we believe adaptation is the right focus for this years session. Speaking of the session today is only the opening events over the next several weeks well be back here on tuesdays at 11 00 a. M. To explore the way the families their businesses and their government are adapting to a changed world. We will covering the following areas, education, the budget, land use and transportation, the economy, housing, and healthcare. With exciting panels of experts lined up for each of them and we hope you will be able to join us for many of those as you can. We are grateful to be joined on this journey b
From washington. Gerri, with the declines we start with you. Reporter thats right, jobless claims rising for the first time in 16 weeks. Stocks certainly didnt like it. The number above expectations and also above last week numbers. Also now these total numbers of claims in 18 weeks since those lockdowns started total 52 million. That is a third of the American Labor force. So you see these numbers disappointing. One bright spot, continuing claims. Tracking total number of unemployed workers receiving benefits, came in 870,000 less than expected. That is a bright spot. Even so all three major averages trading down. Nasdaq down more than two. Tectum blink big time. Apple, amazon trading lower. Microsoft had a good report yesterday but out with disappointing guidance still headed down. They say people are going into cyclical and value names. I will believe it when i see it on an ongoing basis. Tesla, planning to join the s p 500. That is ironic that stock being traded there. Gold, tesla,
Have beaten expectations and surprise the experts we have really only begun to repair the damage. More than 17 million other americans are still jobless. Far tooil many families are stil hurting. This is not over. Americas fight continues and support for her people must continue as well. The Senate Majority has assembled the framework of cares to be the administration has requested additional time to review the findings but we will be laying down this proposal early next week. We have an agreement in principle on the shape of the package. It is the framework that will enable congress to enable more relief to the American People that is tailored precisely to this phase of the crisis. Chairman Grassley Alexander collins rubio shell bead blunt and senators cornyn have each spearheaded a part of cares to and so on monday the Committee Chairman and republican members will introduce each camp on it. The sum of these efforts will be a strong targeted piece of legislation aimed direct we at th
Healthcare workers, and a special or vulnerable citizens are nowhere near out of the woodsur. Meanwhile, although the early days of economic recovery has beaten expectations and surprise the experts, we have really only begun to repair the damage. More than 70 million americans are still jobless. Far too many families are still hurting. This is not over. Americas fight continues, and so congress support for people must continue as well. The Senate Majority assembled a framework for cares too. The administration has requested additional time to review the fine details. But we will be laying down this proposal early next week. We have an agreement in principle on the shape of the package. Youll have more relief to the American People that is tailored precisely to this phase of the crisis. Chairman grassley, alexander, blunt and senators romney and others have each spearheaded a part of cares too. And so on monday the Committee Chairman and republican members will introduce each component