More than 2 and the s p and nasdaq at more than 3 a piece for the week and the s p and the green, five weeks in a row and that the longest winning streak since december, the dow on track to have for august since 1984. So the run keeps going for stocks, we will talk a lot about it, number of stories were covering with fox Business Team coverage, edward lawrence, blake berman, sit down jerry, we start with edward in washington. A quick flight back to jacksonville, part of the gains that we saw here in the markets could be related directly to the Federal Reserve and the action that the fed took yesterday, the Federal Reserve president said its an evolution, not a revolution specifically related to averaging to achieve the average of a 2 target in an inflation, the Federal Reserve trying to see if they can make things average about 2 , theyre saying that the people will not see the prices of the things that they buy jump noticeably, what theyre looking for is the price stability, less than
Im very excited to tell my daughter all about it. For those of you who have not followed, through the artimus, the American Government will send astronauts to the service of the moon, another man and woman to the moon, which is very exciting. Conduct new science, prepare for future trips to mars. Today only 12 humans have walked on the moon. That was half a century ago. The artimus provides the opportunity to add numbers to that, of course. Lunar exploration has brought the most recently detailed in fy21 omnibus spending bill, and certainly we support this effort and endeavor. Why dont we go to you first, darlene. Reporter thank you. Can you update us on the president s thinking on forgiving Student Loan Debt . There are groups who are pushing for the president to forgive all Student Loan Debt. Where does he stand on all that . Sure. The president has and continues to support cancelling 10,000 of federal Student Loan Debt per person as a response to the covid crisis. Hes calling on con
Russian vaccine. Yeah. Which i guess is, i dont know i dont know are you going to take a russian vaccine . Thats about now, were really talking about a tremendous leap of faith a russian vaccine which i think theyve dubbed did chernobyl ii. Im going to pass. Is that a hard pass yeah, hard pass chernobyl its been approved even though its had trials. Easy come, easy go. Remember, they spent a fortune on the trial and a couple people died i dont think thats the russian way. Nor do i think when 28 people died in world war ii did necessarily everybody come to a fight with a machine gun fight and they have very little fear and its demonstrated in certain trials, really well, listen, we can hope theres great science there and there is something well, they used to have great science. And plenty of scientists, no doubt. And rockets they stole a Hydrogen Bomb from the rosenbergs, they can do that. Lets read what putin had to say, as far as i know a vaccine against a new coronavirus has been regi
Giving you a look outside our doors what we have partly cloudy skies to partly sunny skies. Again, we have been talking about the remnants of the former hurricane bringing us the tropical like weather. Meanwhile, we have High Pressure strengthening. And the two combined bringing advisories to the bay area. Santa rosa reporting 90 degrees. And it is only much time. That means santa rosa could warm another 5 to 10 degrees before the end of the day. 74 in oakland, 73 in san francisco. 91 over san jose. Our inland cities, i will say it again, have the opportunity of warming from 5 to 10 degrees from where we stand right now by the end of the day. Yesterday and into today you get almost century mark as well. Inland areas overcome court 105. The advisories went into play earlier today. Right about 11 00. You continue to see two shades there. We have yellow which is around our bayside communities as well as the north bay. The heat advisory started an hour ago and goes until tonight at 9 00. R
Someone the just line they are infected. Reporter the molecules put the coronavirus and a straitjacket. It attaches to the virus blocking it from infecting or multiplying so that it cannot attach to healthy cells and loses its ability to infect them. It only interacts with the protein. And that allows it to be made far cheaper and on a scale that is much larger. Be turned over for initial testing if we can have Clinical Trials in the next few months. Reporter this is one of the most potent weapons ever discovered with the potential to treat other maladies. Weve had three other coronavirus viruses without cures as well as other lung attacking pathogens. We think this could be applied to other respiratory viruses as well. Reporter this will require three phases of human trial. And even if it was sped up it would not be done in two 2021. This is a major breakthrough with a worldwide implications. Tom baker , ktvu fox 2 news. Kaiser permanente is plenty to join a phase three Clinical Trial