Is where you want to be. The Positivity Rate in the last 2 weeks has increased by 51 hospitalizations are up 81 icu admissions up 57 state Health Officials say current data shows about 12 of cases end up in the hospital, some 2 to 3 weeks after you get covid in the last 24 hours the state has recorded more than 15,000 new cases and here in the bay area, no counties move to the more restrictive tears at moran. And San Francisco in san mateo counties they remained in the substantial red tier the rest of the bay area state in the most restrictive purple tier which is under a limited stay at home curfew until december but Health Officials in San Francisco say the county will likely be moving into that most restrictive widespread purple tier in the coming days kron fours dan kerman joins us live from city hall with the latest dan. Thats right cases and hospitalizations still out of control maybe not moving as fast as they expected meaning, thats why were still in the red tier, but theyre expecting were going to get to that purple tier likely by the end of the week because of whats happening with covid19. The number of tests coming back positive in the last 4 weeks has increased by 265 San FranciscoHealth Director doctor grant colfax says the city surge of covid19 cases is continuing unabated hospitalizations are also mounting doubling since the end of october with more than 50 people now hospitalized. The choices we make this week will determine the remainder what the remainder of the Holiday Season but looks like cold facts as that means a winter of hospitalizations and death or reverse of the search. He says its up to those that live here stay home and celebrate. Thanksgiving, but there people that we already with us. Please do not gather with people from other hospitals, especially indoors. Well, San Francisco has so far avoided being moved from the red reopening tear to the most restrictive purple tier colfax as were so close that will likely happen before the end of the week. Well what we can again question is this are curve but we do expect on their last to be in relatively said on a brighter note. Colfax says the city has purchased 3 ultracold freezers to store hundreds of thousands of doses of the covid19 vaccine once its ready for distribution. Now once San Francisco does move to that purple tier again colfax thinks it could be by the end of the week that will mean San Francisco will be subject to that curfew thats currently in place in other counties. It also means the closure of indoor museums as well as Fitness Centers and it will mean Retail Stores right at the Holiday Season. Well have to cut back to pick capacity to just 25 live at city Hall Dan Kerman Kron 4 news all right dan and now to the south bay where coronavirus cases are skyrocketing with an average of 328 new cases a day. In Santa Clara County. That over weeks period that is according to the county Health Departments covid dashboard in total there are more than 31,000 cases in the county. Another disturbing number or the hospitalizations right now there are nearly 200 people being treated for covid19 in the hospital, south bay Health Officials say theres evidence that the recent spike in case numbers may be partly the result of businesses failing to comply with capacity limits. And other restrictions as kron fours rob fladeboe reports for us now enforcement efforts are being stepped up. Weve heard very many concerning reports about crowding. In Retail Stores, crowding in Big Box Stores, crowding at malls Santa Clara CountyCouncil James williams on tuesday announcing a crackdown on businesses failing to comply with social distancing protocols. Capacity limits and other pandemic restrictions we do not want. Thanksgiving or black friday shopping to turn into a time. When. People are transmitting unknowingly asymptomatic lee covid19 to friends to family to neighbors yellow vests like this one will be worn by Business Compliance teams visiting malls, Big Box Stores and other retailers beginning thursday, previously violators were given a 72 hour grace period that will come to an end says the countys michael bali a facility. They have a legal obligation ethical obligation to protect their workers and the public and we expect that they do so. Currently malls and other businesses must limit the number of customers inside to 25 of capacity. Its 50 for grocery stores. Businesses may also be cited for failing to enforce the wearing of masks indoors. The crackdown comes amid significantly increasing case counts and hospitalizations both of which has set records here in recent days we will be out in force to help be sure that businesses all right hearing to these rules because it is a matter of life and safety it is a matter of serious illness and death. And so well be doing our part but we really need all of you. To do your part in san jose rob fladeboe kron 4 news. In Southern CaliforniaOutdoor Dining will be banned in Los Angeles County starting tomorrow the Restaurant Industry took legal action to try to block the ban. But a judge denied that request today even with an alarming surge of more than 6,000 new covid cases in that county over the last 5 days. Industry leaders say they do not see the evidence supporting the idea an Outdoor Dining is driving up cases. I dont know that anybody is being singled out or scapegoated but i do know that the countys on information does not support an order prohibiting Outdoor Dining at restaurants. The California Restaurant Association is asking the judge to have Health Officials provide Scientific Evidence backing their decision to impose that outdoor ban according to the Association Restaurants can operate just as safely as other industries do during the pandemic. In developing news tonight. We have new information about the deadly stabbing at Grace Baptist Church in san jose over the weekend city officials are confirming of the 3 people who were injured one was a City Employee who is volunteering at the church. Another person who was injured in the stabbing was a church employee. According to the churchs pastor of 5 people were stabbed on sunday night 2 of them tragically have died. The church was also being used as a homeless shelter that night. The suspect in the stabbing has been arrested. Police say the motive in the stabbing is under investigation. The inmates are mocking us that is the message one california dia had 2 days a handful of state prosecutors. Detailed massive fraud involving thousands of inmates across the state including convicted killer Scott Peterson theyre accused of scamming the States EmploymentDevelopment Department out of covid related. Unemployment benefits kron fours noelle bellow reports. Honestly staggering. City and is with indignation in her voice Sacramento County district attorneys, Anne Marie Schubert detailed a massive scam on californias Employment Development department. Jail and Prison Inmates, including serial killers rapists child molesters and murderers have been claiming and collecting covid related Unemployment Benefits since march prisons. Hey its in prison all told between march and august at least 35,000 unemployment claims were made on behalf of Prison Inmates in local state and federal institutions across california. Of those claims 20,000 have been paid out totaling more than 140 Million Dollars being paid to inmates that includes convicted killer Scott Peterson and death row inmates like serial killer kerry stain or it is perhaps. And well be one of the biggest. The taxpayer dollars in california history 22 inmates in the San Mateo County jail pulled off the scam investigators learned about it while reviewing recorded jail phone calls back in july. Where inmates were bragging about how they were gaming the system that where but we believe went out Million Dollars and prosecutors say the problem was compounded by dysfunction at california edd. Which they said currently does not cross check unemployment claims against a list of Prison Inmates. The investigation is ongoing as the announcements on tuesday only detail what they found from march to august in the newsroom noelle bellow kron 4 news. All right get check now on our 4 zone forecast from were ruckus strong here with a look ahead to the holiday. Yeah grant vicki its going to be a chilly holiday week around the bay area because were going to see a cold front actually start to push through as we get into the Early Morning hours of tomorrow for now. This and i shot overlooking the Golden Gate Bridge of course a nice and dry dock for you thats always good and were seeing a little bit of cloud cover start come through the bay Area Temperatures right now were looking at 50s and 60s across the board and its going to dip down even more getting into those 30s 40s once again. The good news is though no over the next couple of days that we are expecting its going to stick to the far north of us. If youre going to be traveling though farther north like getting closer to the oregon border. We are going to see some snow and the possibility of some rain showers though as head out of california. So just keep that in mind if youre going to be traveling, but it looks things are going to me pretty much dry here across the bay area for wednesday and even into your thursday for the thanksgiving holiday. But it is going to get cold and windy on talk about that coming up in just a bit back to the news. Thank you rebecca still to come as well president elect joe biden formally introducing his cabinet nominees are some of them today. The message his future administration is sending tonight and the dow tops 30,000 for the First Time Ever what our financial expert is attributing the to in a live interview coming up. And black friday is this week the toys you should avoid after the break. By harnessing californias abundant wind and solar energy, we have the power to take on climate change. Use less from 4 to 9 pm to keep california golden. Stocks reached a historic level today on wall street Dow Jones Industrial average traded above 30,000 points for the first time today so heres a look at those closing numbers. Investors have been encouraged by the latest progress on developing coronavirus vaccines. And news that the transition of power. Can now formally begin traders say that they were also encourage that joe biden had selected former Federal Reserve chair janet yellen as the treasury secretary and President Trump congratulated everyone within his administration for the historic high number today during the turkey pardoning ceremony from corn, how i know what these high numbers mean for you we are joined by Wealth Advisor george to charity. Welcome welcome george. I i wasnt here and how area was teasing you earlier, but i your portfolios looking pretty strong today. Well it better better be a good example of what to invest in after this ever session and now were in a recovery and as you remember on march 23rd, the market has tanked the dow was down 35 here, we are 7 months later, were setting a record of 30,000 thats an unusual lift in the stock market. Obviously the dow isnt the only indicator of how people are doing what theyre going through we see these long lines at food banks and the pandemic is worse than its ever been when do you think that might catch up with wall street and do you expect to see sort of things go bad at some point. Well we have 2 things that are really going on here the stock market is a future indicator. It looks at what could be happening. It makes a bet it says grant give me a dollar and in 6 months to give a 1. 10 it looks out to the forward but the economy is really looking backwards in economy. Weve got 25 Million People receiving Unemployment Benefits and as of the end of december. 12 million of those people are not going to getting any anything any paycheck at all. So the economy has really suffered through through the through the recession that we had were in recovery were Building Back and there are some good Economic Indicators that are happening but people are still suffering. But the market is not looking at today, its really looking out into the future and we feel that were in a bubble market. So investors should continue to do well sideways a little bit. But the a nature of what we have to look forward to in terms of you know the covid vaccine. More and more providers are coming out with with plans solutions to help him thats the number one problem we have to solve covid if we can do that we get back to work and we can all be investing in our foreign case again. Yeah, you mentioned 4 oh one case for those folks who are fortunate enough to for one k. How does future look for them. Well that means you have a job so thats positive and you do something really really unique in your 4 o one k do something called. Dollar cost averaging each month, youre buying mutual funds on a tax deferred basis. From your from your paycheck. And when you do that sometimes youre buying a cheap and sometimes you buy a really expensive. For example in march 23rd, when that when the dow tanked 35 that was the time to buy but some people panicked they got out of the market people that for one k plans were afraid to put money in but if they would have done that the left from being down 35 . You know up to the closer we had today of of closing at 30,000. They would have made a lot of money so it just kind of a lesson about dont be emotional. You know stay, the course have some faith diversify your portfolio youre going to be okay over the long term, but you got to be willing to take some risk awesome. Today President Trump was touting where the stock market is now on his watch what do you think his legacy will be i know the final chapter has been written but whats your hunch. Well i think that if you look at data since world war 2 the market has done better over a fouryear term. Under a democratic presidency, thats just a fact thats just what those happened. And in fact also since Ronald ReaganRonald Reagan was in charge of one recession. And george bush number one had a recession under his watch. George bush too had 2 recessions. And bill clinton came on and help save that recession. Into a growth economy as well as as our brothers our previous president obama came in during a very very tough time and help save the economy. So now were were in a recovery from recession. Its really not about the stock market. Its not getting people back to work and so now this is going to the task of the new administration coming in to do that so going to be easy its going to be very very complicated, theres a lot of heavy lifting to do stock market is important for us for our future investments in earnings, but if the economy doesnt get on track to nothings going to matter at any point. All right, thank you so much for joining us is Wealth Advisor to george new thanks for the free advice thanks george both. Thank you very much given or have giving to you as we switch gears now get a check on our 4 zone forecast for us Rebecca Strom joining us now with a look at what to expect. The key and speaking of thanksgiving week i have your forecast and its cool. But for the most part dry outside right now conditions. Overlooking a San FranciscoInternational Airport were seeing a little bit of cloud cover start to roll through but otherwise the nice clear shot of the airport from our camera here. It is definitely a chilly out there 40s 50s that im tracking. Its also going to start get windy as we get into tomorrow, thats thanks to a cold front that were going to start seeing. Coming to us possibly when gus in the 20s, maybe 2025 miles an hour, especially along or a north bay mountains and a part of our coastal areas as well gusty winds tomorrow that were expecting cold temperatur