Warm start it is in the 30s for only a couple of spots most of us are 40s 50s and alametos case even 60 degrees currently it is quite the warm way to start this monday morning, a whole lot warmer than yesterday, especially for north bay cities. Napa solid 21 degrees warmer than we were at the same point yesterday later on today expect daytime highs to be unseasonably warm back into the low 70s for a lot of us im talking are warm conditions more about the wind and what else to expect for the week ahead still to come rebecca all right, thank you john well take peek outside at traffic in the bay bridge really no traffic here just a few cars, a handful. Well be sharing on the roadway 4 westbound 80 your commute into downtown San Francisco across the upper deck. Under 10 minutes out of the macarthur maze and then looking the san mateo bridge this morning were going to be seeing it so still pretty lightly traveled at this early hour west bay 92, nice and smooth over to the foster city. 1 one
You and the president were taking credit when things were going well in the economy. The president now when so many people are suffering . Larry well, there a lot of there, i agree, ut i will also argue the economy has registered a very the g comeback from pandemic, including todays jobs a 6. 7 unemployment rate. Now theres still over 10 Million People who are jobless, not good. That is hardship. Be ay the way, that should target of any in any assistance package. At the peak it was 23 million. 150 million t working. And thats way up. The 10 million unemployed is way down. I like that. I have to say, look, in terms of these numbers i know you are deep in the get numbers, but you still got on. Es a housing boom going Consumer Spending is strong. Business and of Factory Production going on. T. M. I. s s and the were nearly 60 . Thats very healthy number. At that. All that stuff looks like a v. One of wall streets top economists, ed, has his index. As tree thats growing at 29 a little chee
The breezy us for the north bay and then right along the coastline, right now Half Moon Bay sonoma in petaluma all looking at winds at or above 20 Miles Per Hour and thats not even including gusts which will be as high as 45 Miles Per Hour at times red flag warnings expire at 5 in effect right now all across the north bay, the inland east bay and the san mateo coast line temperatures are mild right now were low 60s in alameda and hayward as well as napa at 6061 degrees little cooler for dublin in concord in the 40s. Im talking what to expect this afternoon and when these winds will really come down in your forecast rebecca all right john look forward to that because that we do have a high wind advisory issued a since about 4 oclock this morning. Because its been some blustery out there for the bay bridge. So both hands on that Steering Wheel if youre going to be heading into downtown San Francisco. Traffic really starting to thin behind the tolls because we did have a couple of problem
With the cares act in march and prevented the covid pandemic from doing even more harm to the economy and welfare of americans than it did. The cares act is essentially been spent, many people are about to lose benefits. Unless Congress Acts. And unless Congress Acts fiscal policy soon will be a drag on growth. They are still more than 11 Million People still unemployed by the official count. Most economists and certainly those gathered here today agree more fiscal support is necessary. Following that discussion, we turn to an issue predating the pandemic him one that persists. How to think about the federal debt and very low Interest Rates. Its growing and unsustainable rate. There is sentiment among comp economists for doing anything about that right now. When is a debate about how and how best to address that Going Forward. Had to balance the risk and cost. And too little Public Investment. We look at that issue with the paper posted on our website. By two veterans of economic polic
Since winning the election youre playing jeopardy with your life. Plus, an extraordinary journey of love and covid from a patient who was put in a medically induced coma hear her urgent warning. Live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Dow 30,000, First Time Ever, its been a great cnbc day and a historic milestone on wall street stocks surging even as america enters its darkest chapter yet of this pandemic the pain on main street cannot be ignored many families are broke, hungry, burying loved ones or saying goodbye on a cell phone screen, and relief from washington is not coming, not yet. But experimental vaccines are fueling hopes of an economic recovery, and a return to some sort of normalcy i want to show you a look at the dow. Were obviously here now, but what a road to get there, along the path, thousands and thousands with a roller coaster. You can see the middle of february right there they have shattered the gains, and all the way