Lets get live in downtown oakland where protest that started at franco gala positive is now on the news. Andrea. Reporter these protesters were here for about three hours listening to speakers and then the all got up to march through the streets of oakland. They marched a telegraph and started coming back to the plaza moments ago. The crowd has grown considerably since they left an hour ago organizers were clear. This is a peaceful event and they do not condone any violence or destruction of property. This protest has remained very peaceful. They want the focus to be on demanding justice for racial Police Brutality such as the death of george floyd. If we continue to fight in various ways. Voting and being knowledgeable and sticking together, then i feel like we will get to where we are supposed to be. To wear black lives do metal do matter and equality for all of us. As you can see over there there are some Police Officers there on the scene but for the most part they have stayed back
Day. We will talk to steve about the weather, and the changes that are coming in a few moments. I have an interesting story that is surprising, but here it is, one in four americans have dipped into their Retirement Savings during the pandemic or are planning on doing that. A survey from the personal finance site bank rate says 27 percent of people have withdrawn from the ira. 18 percent of people are contributing less money to the retirement account, then they were before the pandemic. I will start with you, that couples nicely with the story of during the pandemic people ever realize that they dont necessarily have to spend a lot of money to have a good time. They dont go together in my opinion. A lot of people are realizing game night, a movie at home is a great way to spend time. You dont always have to go and see a live show, even though i love those kinds of nights. Tha and a drastic way because they too. The pandemic has had to the lower wage earners the hardest. People who work
Also, the Capital Management founder as well. We still waiting for world bank headlines, which i dont think in the meantime we are working it out. We are chatty, trying to figure this out with the delay. We will bring you them as they cross. Now we want to bring in michael spence. Spence, it is a pleasure to have you here. You have written quite extensively over recent weeks about what covid and the recovery of the pandemic looks like. Now in the u. S. , streets are literally burning how do these to reconcile themselves as they we try to recover . It certainly wont help on two counts it wont help with economic recovery, and secondly, although i am no scientist or epidemiologist, a number of them are saying we could, as a result of the very large demonstrations, have an additional outbreak which would require policy action to contain that, and that, in turn, would have an adverse effect on economic recovery. That is not the main event of these protests, obviously, but the side effect mi
Relatively good news out of new york where hospitalizations continue to decline although there is a spike in deaths in the state. The governor is worried, outlining for folks the idea of a staggered reopening of the state. Only 45 minutes after new yorks mayor bill de blasio was saying look, it is looking like june. That the city will not be able to open up before june. That was not exactly worthy after fox news or fox business alert. No shocker there. A highranking mayor of the city was making it official all you needed to hear, wow, this whole comeback for the economy which cant get any robust way without new york kicking in is not likely to happen. So that is kind of been pulling and pushing at investors today. Jackie deangelis has more on all of the above. Hey, jackie. Reporter good afternoon. Good to see you, neil. Thats right, the market is paring the losses right now. Youre right stocks are kicking off the week in the red after a very strong week last week. Investors are cautiou
Project like this . Mr. Ballmer yeah, its an effort we started about four ago with me trying to actually understand our better. Nt by the governments own numbers. How big is the government. Come does the tax base from, what what do things get spent on and what are the outcomes . Said lets use the discipline that a company would shareholders. To the securities and Exchange Commission requires a factual 10k reportled a and we started out on the journey and weve really learned lot by sorting through numbers not only at the federal level local the state and level. And what about the need for realnumbers, real data, facts, in the middle of the kind of situation that the country is the coronavirus epidemic . Mr. Ballmer its more essential ever and well suffer with some of the other problems we see with government data. Timenment data has a hard staying current, staying recent. You look at historical numbers on the Affordable Care act and medicaid. Theyre two, three years out of date. Right n