Hard today even as House Speaker nancy pelosi said there could be no action on a standalone l2 eight airlines or any other sectors of the economy without a broader stimulus package. Eventually maybe a deal will get done, even if it comes after the election during possibly a joe biden presidency. Parts of the real economy feel with one servicing nearly six immune americans expect someone in their household will lose a job or take a pay cut in the next four weeks. Joe, there seems to be an ongoing dispute between stimulus talks dragon on and the market getting hopeful. Mnuchin meanwhile, hua stinson lee as far as we know represents the white house in this, talking about starting a fact. N though there wasnt maybe theyre going to pick it back up again. We want to help the airline workers. This legislation that we had in the cares act, we hope that we could continue another six months or so. That expired at the end of september. Separately, but we cannot do it unless there is a big bill. P
And low inflation. The topic is regularly salient since last week, following an 18month review of his Monetary Policy strategy, the fed released a revised revision of its goals and Monetary Policy strategy. We are honored to have governor Lael Brainard to hear her thoughts on the topic. After we hear from governor brainard, there will be time for questioning and answers from the audience, then we will convene a panel to discuss the new said framework with ben bernanke, janet yellen, and roberto poley of cornerstone , and Julia Coronado of the university of texas. If you would like to post a question to lael on the panel, you can do so by emailed brookings. Edu. Governor brainard has had a long career of Public Service and in academia. She took office as a member of the feds board of governors in june, 2014. Before that, she served as undersecretary of the u. S. Department of treasury from 20102013, and transferred to secretary of the treasury in 2009. I had the opportunity to have work
Neighbors described this rodeo fire that broke out near highway 80 incoming skyway just before 2 oclock monday afternoon. What began as 2 small fires quickly merged into one in burned 230 acres because of strong winds wind at least one of the fires to get away from us and it burned past fortunately. They burn past all the petrochemical infrastructure. You can see behind me and also thankfully burn past a quite a few houses in north circular is. And headed out into the wilderness area thats bounded by interstate 80 on this side. Coming skyway to the north and highway 4 to the south and to the east as steve hill with Contra Costa County fire explains the wind fueled this fire but also push it away from homes nearby. Neighbors off california street say they could see the smoke and flames from their backyards. I saw the live this hour that some houses are probably getting like a 100 yards out a fire. So there are some neighborhoods neighbors back as were worried about it thankfully. No one
All right dave thanks a lot. Lets get some news this morning in the south bay, the cruise fires burned 5400 acres in Santa Clara County. Cal fire says its now about 20 contained and evacuations are still in place this morning. And the fire has destroyed 2 buildings and one person was hurt kron fours dan thorn has more. Flames chewing through thousands of acres as firefighters battled the crews fire. The dry brush crackling for a second day as the wildfire threatened homes and forced evacuations along kenyada road for this man thankfully his rural ranch home was spared. I was relieved, i was i was only able to make it up last night and i was able to tell couple the neighbors that there are places where intact. The house and the horses were protected from the ground and from the air fire retardant dropped from above even covered some of his animals by horses got red said i have read horses, so thats thats an experience because the flames spread so quickly, hundreds of firefighters from a
Were looking out for 90s though theyll be a couple of them the next couple of days. But really the wine shares come this weekend back to you. All right, thank you dave will happening now firefighters in the east bay are continuing to monitor hot spots on a wildfire. The group 230 acres and threatened homes before it was finally contained kron 4 s Taylor Bisacky has more from rodeo. I like to let the black. Some local neighbors described this rodeo fire that broke out near highway 80 incoming skyway just before 2 oclock monday afternoon. What began as 2 small fires quickly merged into one in burned 230 acres because of strong winds wind at least one of the fires to get away from us and it burned past fortunately. They burn past all the petrochemical infrastructure. You can see behind me and also thankfully burn quite a few houses in north circular is. And headed out into the wilderness area thats bounded by interstate 80 on this side. Coming skyway to the north and highway 4 to the sout