Burning documents, not shredding them burning them, China Threatens to retaliate and feels and looks like a new cold war. We have a significant turn in the fight against a virus, President Trump says its going to get worse before it gets better. A clear sign that the economic effects will drag on past the election. However, the trump team signed a contract with pfizer with 100 million vaccine doses. America gets the vaccine first, they pay pfizer 1. 1 billion and the cost to you, 0. Two stocks, got to watch them all day long, microsoft and tesla, the Financial Results reported around 4 00 oclock eastern this afternoon, in advance of that those stocks are on the upside. By the way, as of right now tesla is the most valuable car company in the world worth more than gm, ford, and honda combined. And microsoft at 1. 5 trillion is the second most valuable company right behind apple. We have big news on real estate two, applications for mortgages to buy a home of 19 over last year. Refi appl
Breaking overnight, one person known dead and at least two others injured after more than a dozen tornados tore across the upper midwest. Western minnesota was hit especially hard. Several homes there have been destroyed or damaged. Forecasters say a system off the coast of North Carolina is likely to become Tropical Storm fay. Its expected to move up the coast today and tomorrow. Turning now to a very different kind of summertime threat that may be lurking right in your own backyard. Its a story we report practically every summer. Its sad that we have to report it with so many parents now distracted with working from home, the government is sounding a new alarm about swimming pools. Heres abcs diane macedo. Reporter ashley considers herself lucky. With camps closing because of covid19, this pennsylvania mother of two managed to buy an aboveground pool. Im pretty sure we got the last aboveground pool available in north america. Reporter according to industry estimates, pool sales have
We can get above that 200 day. I have to tell you, once again, what causes a decline its always the banks. Why the banks . Because we cant value we cant value them because we dont know what their future loan losses are going to be. I think that the feds chilling statements made for a tremendous confusion because, remember, weve been skating everybody has been saying how can the market almost bet a its high the answer is because we dont have any data. No real reports that contradict that i didnt like the nike quarter, but people already apologized for that it is the banks and, once again, when i think of the banks an article today about credit cards and how people arent taking the big credit cards with the 400 and 500 fees. David, the credit side continues the buyers jim, that is really interesting to see when we start to get the earnings where the focus of investors is. After the close we get jeffries. Investment banking not overry large but what will be interesting, jim, im sure well
One yet and because it is more strict, we expect it will supersede any local ordinance in any bay area county. Now in san mateo county, the signs say anybody here who is recreateing, getting exercise near the beach, but who lives more than 5 miles away is in violation of the county ordinance. Now, under new rules going into effect, what local governments, though, may not matter. Under drizzle and grey skies, people were out, getting in runs, walk with the dog, what not. San franciscos ocean beach was on the same story. But with i have not seen the swarms of people at our beaches that showed up at Southern California beaches frustrating the governor this weekend. If you missed it, this is what it looked like, people out and about. Not just for exercise, gathered if groups, sun bathing. Some of them a lot closer than the 6 feet. They are in violation of that shelterathome order. In a memo, the governor gives the police chief up and down california that all beaches and state parks will be
Territory. And dozens of bushfires burn a cross eastern australia forcing a Record Number of american morning. In sports sorry Bill Williams is the biggest deal in rugby history in new zealand has agreed to a 2 Year Contract with the Toronto Rugby League team worth close to 7000000. 00. Crowds in hong kong according for a citywide vigil over the death of a fellow protester students a gathering at a memorial for a child she logged who fell from a building during a demonstration on monday the 22 year old died in hospital on friday a millions of people have been protesting in hong kong since june demanding more democracy. Well hong kongs police in our responsibility but say theyll conduct a full investigation there are accusations that Police Officers chased after the man before his fall we must clarify so we must clarify that it is certainly for us. Lastly we are aware that some that distance call on others to stage protests tonight. And over the weekend there are also critical comments