The europeans today. Their central bank will pump trillions into the euro zone economy. Thats called stimulus. Investors like it. So the dow is going to be down maybe 100. S p, 17. The nasdaq, about 26. Thats not a big pullback after yesterdays big gain and this weeks very big gains. Opening up the economy, thats a big deal for investors. This week, many theme parks and vegas casinos will open up again, albeit with limited capacity rules in place. And gms Ceo Mary Barra says auto plants will be back to previrus levels by the end of this month. Opening up, very important. Heres what you are waking up to this morning. Lot of boarding up of storefronts in the big cities. That appears to have cut down on the looting. Heavier charges against the Police Officer involved in the killing of george floyd. Its now Second Degree murder. In addition, the other three officers involved have been arrested and Face Criminal Charges for the first time. Following that, the protests were just as big but t
Them collapse. Citations for refusal to follow a quarantine order. Three of them every day for all Three Crossing the jordan Thrift Stores in santa rosa. 21 technical arrest, 21,000 and i think we are at 10 potential years in jail. Reporter the stores Fund Recovery and job training for more than 100 residential clients. The program funded by a couple who beat addiction themselves. We are like man, we are going to lose these people. This people are going to go on the streets. What are we going to do . An alarmed after six weeks, may brought no relief. We cannot do any kind of curbside. We have 10,000 squarefoot spaces, so imagine having a few items out front. Reporter they reopened to donations and customers with precautions. Within days, the first of many police visits. Not looking for a fight or anything. Just hey we understand your position, please understand hours. We cant close. Reporter every other business in santa rosa has complied. To make the police chief said they are the onl
Heading into the weekend. Its slowly going to warm up. Is it going to be nice on the coast, steve . I think so. It will be more of an inland event but it will be all right. Today will be a nice day, there is a bit of fog on the san mateo coast. It cools off into santa cruz, i think that everyone gets in on the sun today. Oakland has some low clouds but generally its clear for most locations. Nice today. A bit warmer. 60s to lower 80s. Patchy coastal fog, highs are slightly above where they should be for this time of year. There may be a bit of fog drifting ad the low will kick out in after tomorrow. Today, 60s and 70s, near average for this time of year. Over to sal now to see if anything is going on. Good morning, sir. Good morning to you, steve, there is not a lot going on. Traffic is doing pretty well if you are driving around the bay area. Lets go to check out what we have on the maps. I see just a couple of things here, there is a bit the roadwork here and there but its not really
Claims the week before and the record 6. 9 million who filed in late march. Nearly 35 million americans have applied for unemployment and it affects the jobless rate which is the highest its been since the great depression. The number of unemployment claims was up after falling for six suites straight. More than 246,000 workers filed initial claims in california up 16 from the 212,000 about the week before. 1. 76million californians have filed for unemployment. A virtual form for all districts. The goal is to share ideas and concerns as goods and schools are looking up to open with more. Reporter mike, good afternoon. A lively conversation in the final plan a work in progress. We heard from teachers and superimpose tendons and all the people who make our schools run smoothly. As you can imagine, there are a lot of schools to reopen safely during the call. How do you keep Grade School Kids apart. Will Young Students keep like us on facebook, follow us on twitter and check us out online.
Results for its vaccine, phase one trial in humans. Weve got a lot more on this coming up in just a moment. But this is a very positive development. When this was announced the stock rally that had already been in place gained a lot more ground. One more positive indicator for you. Thats the price of oil. We are back to 32 a barrel. We are driving again, we are emerging from a lockdown, demand for gas and oil up and up goes the price. Key indicator. Now, look at this weekend. All across the country, people were out and about, enjoying the weather and enjoying their freedom, too. There has been some relaxation of lockdown rules in 49 states. Connecticuts the lone holdout. They open up in just a few days. Bottom line, the economy is opening up and in most places, people feel willing to shop, eat out and socialize. Its hard to see how the authorities can reverse course and clamp down all over again. The genie is out of the bottle and the Moderna Vaccine news is the icing on the i can kcak