More details and make sure to follow us on your favorite social media platforms im down of quarter thanks for watching. The flu season is well underway i got my shot have you gotten yours dr phil she warns that we are in the middle of an historic pandemic that severely is involving the United States of america is the country which is the most severely hit and were not through with it yet in fact there is considerable concern as we enter the fall and the winter months and into the flu season that will have that dreaded overlap of 2 respiratory borne diseases namely influenza and covert 19 yet according to a recent National Poll one in 3 parents plan to skip flu shots for their kids concluding that even during the pandemic some parents dont see the flu vaccine as more urgent or unnecessary this heightens concern about how the onset of flu season may compound challenges in manning cold. 19 the uptick in home schooling is just one example of prudent parents keeping kids safe so marlo dalto
Entrusted with getting unemployed americans back to work. Labor secretary Eugene Scalia joins us live. We are going to get the scoop from scalia on how urgent the situation really is right now. Retailers among those of course hit the hardest by the coronavirus pandemic. We have the founder of one of the most visionary Mall Developers in the country. The grove in l. A. , i dont know if you have been there, its one of his. He is here. Caruso founder rick caruso on how hes making his california dream of safely reopening come true. This is a fox business exclusive. You got to see what hes doing. And netflix has emerged as one of the top pandemic superstars. The streaming giant reports earnings after the bell. Our allstar panel digs deep into the numbers with the one number that may tell you the whole story before the Earnings Results even come out. You have to stay tuned for that. But lets get to this breaking fox business alert. Treasury secretary Steven Mnuchin seen here arriving at tel
Abc 7 News Reporter chris winn has this story. Reporter this video shows the aftermath of what San Jose Police are calling a tragic accident no which a 69yearold man plowed into a crowd of diners who were gathered for dim sum at grand century Shopping Mall on sunday afternoon. Right now all indications talking to witnesses and collecting evidence is he thought he was using his brake. But accelerated. Reporter the driver crashed into this Outdoor Dining space operated by the dynasty chinese seafood restaurant. Eight people were taken to the hospital. Two remain in critical condition. At last check, police say its still unclear if the driver was suffering from a medical emergency. The driver stayed there. Hes cooperating with the investigation. Obviously we still have some things we need to put together. Reporter this afternoon abc 7 news learned that the restaurant had not applied for a permit under the new san josal fresco program, which provides city support and approval for proper se
Month of september, strong Consumer Sentiment numbers to go along with them. And later, gilead pushing back after the World Health Organization says the drug remdesivir does not prevent death in coronavirus patients. Weve got the latest details as power lunch starts right now thank you, ty. The markets are marching back after a few down days. Dom chu has more on whats moving decent sized gains but off the high of the session. We are up 243 points with the dow at the highs of the session, up roughly 348 points. You can see there, yes, still strong gains but not nearly where we were earlier in the day. The s p has reclaimed that 3,500 mark, the nasdaq only up about one third of 1 . The leadership in terms of the s p 500 has been in one week industrials and technology, both up nearly about 1. 5 meanwhile, the biggest laggard off nearly 2 is the real estate sector some of the stocks to watch with regard to covid vaccines and everything else, pfizer shares, possible vaccine for emergency us
13 days out to the election. Weve got lots in this hour. Wendy schiller of Brown University will join us on the changing political landscape. There is Market Movement today. We will talk equities in a moment with james bevan. I love his work on a more longterm perspective. Lets go shortterm. Where in the bond market argue focused . Jonathan long end, of course. Front end anchored, a bit of a snooze. And youre starting to break out a bit over the last 24 hours, just north of 80 basis points. Just around 95 was the intraday high in june. We have not reclaimed that level. Whenever we see a price move like this, it is a bit more fuel for the reflation narrative. It is price first, narrative second. Tom i saw just a little bit breaking out to higher inflation. What is the significance of the vanilla spread, the difference between the 10 year and the twoyear yield, back to march of 2018 . Jonathan jonathan steeper, and the five year versus the 30 year, also steeper. I think weve got to get m