Economy right now. But the president seeming to indicate he will take steps to defer payroll taxes. The president also expected when he gets behind the podium in a couple hours, a couple minutes i should say, to sign something that would extend the Unemployment Benefits that were federal benefits that had been added when the coronavirus pandemic hit of 600 per week. The president looking to extend that since it is now expired although we are still waiting to see exactly what amount he will extend it with. The president also expected to take some action as it pertains to Student Loans and making it easier for people who are repaying those Student Loans to have some relief right now. The president again will be speaking in just a few moments at his golf club in bedminster where reporters were told with just a few minutes notice he would be going today as the president tries to take action amid this real impasse in congress on relief negotiations i want to pinpoint something you said. The
China would prefer joe biden. Whether they do, thats their conclusion that they would prefer joe biden. 64 final round. California kid is the new star in the game of gulf. Oh, boy. Good morning, everybody. It is august 10th, 2020. And we start with a fox news alert. You are looking at chicago illinois. Chaos in the windy city overnight. Crowds clashing with police as looters target Stores Across the city overnight, ainsley. Ainsley thats right, steve. And todd piro joins us live with what sparked the unrest in the windy city. Todd . Steve, ainsley and brian, good morning. Hundreds of people mobbing chicagos magnificent mile smashing windows and fighting with officers. Crowds hitting several Luxury Stores for hours. Transit to the downtown city area has been suspended. No word on any arrests or injuries. All this unrest coming hours after a man was shot by police on the citys south side. Officers say he offered fire during a chase. Forcing them to fire back. Angry crowds throwing object
Havent seen inflation. Because investors have spent so much time tapering, investors are interested in bond yield. If youve been watching the tenyear, right now the yield is at 2. 827 . Also, october wholesale trade and the labor departments latest job openings and latest Turnover Survey that a lot of economists watch closely. Futures at this hour are indicated higher, dow up by just about 20 points, s p up over 2. 5 points. And a big call today on Deutsche Bank. The firm says that a horde of pent up cash means that the stock partys punch bowl isnt running drooi dy anytime soon. Deutsche points out shored up cash is likely to make its way into equities in the next month. Andrew, good morning. Good morning to you, becky quick. Thank you very much. We have Corporate News for you this morning, as well, as joe was just mentioned. The u. S. Government is now officially out of gm. Theyve sold their last shares of general motors. Tack payer res taking a welcomed 10 billion loss into the autom
We wish both of those obama daughters only, only the best in these coming four years and indeed throughout their lives. You can follow what is going on here in the situation room on twitter, tweet me wolfblitzer, and like us on facebook as well. The news continues next on cnn. Hello everyone, don lemon, you are in the cnn newsroom, lets get caught up on the headlines of the day. Riots erupted over a court decision, sending 21 people to death. At least 30 people were killed in clashes with Security Forces today. This all happened after the Court Sentenced 21 people for their role in a post game soccer riot last year, more than 70 people were killed in that right. Thousands of people marched in washington today demanding tough new gun control laws, its the first antigun demonstration since the newtown shooting. Disgraced cyclist Lance Armstrong said he is ready to cooperate with a agency tasked with cleaning up doping in the sport. This announcement as the head of the u. S. Antidoping ag
If you have been driving a around looking for the flu shot and you have my had any luck you should stop. I will tell you when and where they are giving them out. An attempted kidnapping and san jose has turned out to be a hoax. We will have the tell straight ahead. Lance armstrong comes clean to Oprah Winfrey. As he anticipated this interview broadcast. Will hear what he had to say later. Lets focus our attention on our Current Conditions in the east bay. Hayward is 37 s out the door. We are below freezing in fremont. Sunnyvale is coming in at 37 degrees. It is up to 30s for santa clara. As we head into the afternoon it will be warmer and sunnier perry ed if you liked yesterdays you will like today. We will keep the sunshine around and the extended forecast will be dry into the middle of next week. We are still going well for the drive or around the area. We are not tracking any hot spots. We are not looking at the metering lights to just yet. If there is a problem on the peninsula of