Stimulus plan to really help countries in the eu. You do wind up having larry fink say if you are a longterm investor, you want to buy risk. You have the dollar seeing its worst week since 2009. May be some of the liquidity funding pressure is taking a backseat. Today we are going to take a look at the market moving news from around the world, focusing on washington, as well as new york. The house is expected to approve that 2 trillion rescue package. House Speaker Nancy Pelosi told bloomberg tv they will move quickly to get that. Rep. Pelosi will have a strong bipartisan vote that, hopefully by noon will be finished. That depends on how we have to come into small numbers to vote have we have to come in to the chambers in small nubbers to vote. In small numbers to vote. Now is kevin cirilli. What comes after that . Kevin all of the house members will vote on this to trillion dollar stimulus package. From there, the president will sign it virtually immediately into law. After that comes
This once a year, i have a really old alarm clock probably 15 years old, that still recognizes the old daylight savings change time. So i thought i was waking up at 5 30 am. It was 4 30 am. Get an iphone. A little and a nap later on today for sure. Were looking at rain falling over the bay area as the next wave moves through. Moderate to heavy rain is expected at times. That is what we are seeing outside right now. Lets shift into areas worth highway 101 between morganville and gilroy. Some moderate rain is falling. Shifting through we can sees emphasis go in san mateo are dry at the moment but there are a few sprinkles possibly coming through. Shifting into the northbay we have it trending across the coastline moving into areas like santa rosa and nevada. The east bay is seeing some light rain as well. There were showers today in periods of heavy rain. Along with the possibility of thunderstorms. The center of the circulation is a bit closer to the bay area and that will provide us wi
Really tough. California has by far sustained the largest job lead out. We had over 925,000 initial new claims filed the week of april 4, added to the over 1 million claims. Filed the previous week, we now have over 2 million new claims just filed within two weeks. The National State and claimant rates are now shirley well over what they were during the worst of the Great Recession and many more job losses are coming. Any federal aid or paycheck protection plans including the more than 2 trillion announced by the Federal Reserve today is just to keep the economy from collapsing. But he says we should not, and cannot wait for the virus to be totally conquered. We need now, to start looking at a plan in california, start opening up the economy and seeing what it will look like. In all likelihood reopening would involve a gradually phasedin combination of regular testing, workplace social distancing, and some residual working at home for some workers. A. Of months, perhaps even a longer,
Placement fell by 1. 9 from tuesday to wednesday. He cautions that one day is not a trend. More than 1100 peopleare curren intensive care in california hospitals. Now to those new jobless numbers, the Labor Department says another 6. 6 Million People filed for Unemployment Benefits last week and since midmarch there have been 16. 8 million new claims. Here in california 2. 17 Million People ill for benefits in the last three weeks, essentially here is what that means to put that in perspective. About one out of every nine workers, one out of every nine workers in the state of california has recently lost their job. With so many people out of work, they area food banks are now busier than ever. Andre senior has more on that and it shows us how School Districts are also pitching in. Weve been seeing the byproduct of the covid19 shelter in place, and that is a slowing economy that has people losing their jobs. A result of those job losses, food insecurity. And those who find themselves in
New numbers that are out every thursday. That, i want into to Say Something at the outset. We have heard from many hoosiers across the state of indiana. There islly understand no more spiritually important week for many believers that than the week we find ourselves in. I personally am comforted by the saysin matthew 18 20, it where two or three are gathered together, their mi. It is a powerful reminder it is two or three, not 200 our 300 or 2000 or 3000. It is emphasizing its the church body, not the building, no matter how architecturally awesome or beautiful that structure may be. Body and the relationship with the higher above that is most important. My jewish friends, passover started yesterday. Christians, another important today. Todays is the day jesus put a andl around his waist washed the feet of his disciples. I would submit it is time to wash some feet without touching them. It is time for our families and our neighbors to stay safe. It is time to serve them in this way to