You dont want to miss that conversation. We do, in fact, want to begin with Breaking News out of the state of texas. Public hearings on republicans latest efforts to overhaul the States Election procedures are underway. Voters are flooding todays proceedings with their own testimonies after the House And Senate unveiled their sweeping plans to limit Voting Access this week. Both bills set to be debated over the coming days during the legislatures special session, largely resembling republicans first attempt to pass a restrictive Voting Act back in may, which failed, of course, after democrats staged a lastminute walkout. The governor then vowing for the special legislative session, which is where we find ourselves now. Want to bring in Nbcs Priscilla Thompson at the Texas State Capital and Nbcs Jane Forest to walk us through stuff. Priscilla, i want to start with you. Kind of give us the abcs this hour and what you have seen take place so far. Reporter yasmin, hundreds were lined up ou
Pandemic . The ceo of opentable will be my guest. Rents are plummeting. Ceo joins us to talk about his ambition next. First, lets check of the market. The u. S. Stocks climbing today led by big tex. Big tech. We are waiting on the last jobs report before the election. How are investors handling this . Volatility is the theme of the year. Up dow at one point was nearly 1 , then down. That tells you theres a lot of uncertainty around the fact that we dont have another round of stimulus. The jobs report tomorrow, jobless claims today came down a little bit but still above pandemic levels. It looks as though september is expected to be less good than august. 875,000 jobs are expected to have been added in the month of september versus 1. 3 7 million added in the month of august. We will be looking for revisions also. Be aob picture is going to huge key to the economy going forward. All of this as we might be on the cusp of a second wave of layoffs. Yesterday, Goldman Sachs announced they a
Thin. Confirmed most was believed from the very beginning of this unfortunate chopper. Alameda county sheriffs deputy now facing a lawsuit showing what really happened between him and the president of the Toronto Raptors. Have the deputies legal problems may play a role in this case. Good morning to you and thank you for joining us. Welcome to morning sun 2, thursday morning, august 20th. I am dave clark. Pam cook is off today. Steve paulson is off today as well. But the great Rosemary Orozco is right there and she knows about our forecast. Good morning rosemary. Good morning dave i think youre great as well. Good to see you a good morning to all of you out there. We are looking at a bit of an improvement for our bay area weather. Thankfully. Temperatures are expected to cool off by at least a few degrees. Our relative humidity will be coming up. And the winds will be shifting to an onshore breeze bringing us that cleaner, cooler pacificare. We are going to remain with hazy skies. We h
Expected i think were going through a period of i hate to use that cliche, rational exuberance. People want to get back in the market and theyre being when you see this nickel you featured highly for the last couple days, people are just anxious to put money. Theres a lot of money on the sidelines. And i personally think that we should be concerned and be concerned about whats ahead for the economy. The rest of the summer and into the fall i mean, i think were living in artificial dream world at the moment i think unemployment is going to increase i think that businesses are not going to come back to work as fast as they have. On the other hand, on the other hand, and im going to be selfish, we have companies that are doing well in this environment. But they in special neariches. There are companies who are going to increase and probably certainly a company like facebook and apple and several of the others you mentioned are beneficiaries of this times were living, the Delivery Companie
The world trade coming to an end. We have seen bond yields climb up. Have seen the u. S. 10 year moving out of the haven currencies and haven bonds. The yen seeing more weakness if you can call it suffering. That, bund futures seeing those yields go up as we see prices get sold off. Lets have a look at the first word news. Lets get to new york. We start with the reserve bank of australia. It is maintaining its glass thefull view, reiterating economy is emerging from a soft patch while also forecasting no acceleration in wage growth and inflation barely reach the bottom of its target. Growth oferly updated 2 , rising to 2. 75 by the end of 2020 and 3 in the year after. Embrace of virtual banks is going beyond its own shores. It says it wants to become a regional hub with advanced data expertise. Doing soauthority says will improve banking authorities at home. Managing director robbie menon says Southeast Asia presents a huge opportunity for virtual banks. We see some of these players be