Flags were on the Capitol Building and at the white house are being flown at half staff in members of pearl harbor. Now live coverage of the u. S. Senate here on cspan2. The senate will come to order. The chaplain, dr. Black, will lead the senate in prayer. The chaplain let us pray. Great redeemer, guide our lawmakers along the best path to fulfill your purposes on earth. May they submit to your wisdom and providential leading, believing that you will supply all of their needs. Remind them that your unfailing love accompanies those who put their trust in you. Give our senators an attitude of reverential awe that will keep them from evil. Inspire them to rejoice and be glad, as they strive to live lives of purity and obedience. And lord, as we remember pearl harbor on this december 7th, thank you for your loving and prevailing providence. May we show our gratitude by facing the future without fear. We pray in your majestic name. Amen. The president pro tempore please join me in reciting
Disaster. Monetary policy works through emulating aggregate demand and that is important now. Ultimately, there is a job to replace lost income. Our congress stepped in and there has not been a faster or stronger response from congress to an economic emergency since the great depression. The cares act and other laws have been passed to more than offset lost income in the aggregate. There will be people for whom that is not true. You see high levels of savings on the Balance Sheets of households. Not experienced the downward cases we were worried about of mass insolvencies of businesses so far. So far, so good, i would say. There are no full recoveries without confidence. Do, which ipart to think we have done. The path forward will be challenging for a number of reasons, and i am sure we will get into some of them. Congresso do more and might need to do more with fiscal policy. The particulars of that are up to congress and not up to us. It is likely more will need to be done in time. O
It appears that a twitter employee who had access to the twitter Management Panel was compromised and that was the way they got access to all of these otherwise very well locked down accounts. The compromised twitter accounts include bill gates, kanye west and former president obama. Good evening everyone, im frank somerville. And im julie haener. The twitter hack is raising alarms about Tech Security and the potential from anything from election misinformation to stock market manipulation. Live coverage now from ktvus Jana Katsuyama and what we learned about the security breach. Reporter twitter acted quickly to remove the messages that had been placed on the hijacked accounts, but not before the hacker or hackers pulled in 100,000. Experts say its also possible they couldve had access to users direct messages and other data. The scam was a simple message, send money to an anonymous account and get double the funds back. Hacking attack hijacked dozens of highprofile twitter accounts.
Today. Tech stocks continue to lag. Lets get to bob for more on todays Market Action. Bob. Hello, melissa. Were near the highs for the day but have not been able to get into positive territory. Sec cyclicals tend to lead banks are having a pretty good week strong trading revenues. Jpmorgan, same thing there important thing here is banks tend to drop in the week of their first earnings report. Thats when jpmorgan reports this week not so bank of america strong you saw there kbe, theres a bank index almost up 5 for the week banks have been terrible under performers megacap, theyre down this week. Some of them are down. Amazon is down about 6 for the week apple is flattish. Most of the others are down 2, 3, 4 . How about netflix, which is a faang name out there its been all over the place 500 to 570 back down to 500 the important thing here Social Security moved in a 5 range today. Lot of volume. Three times normal volume. Thats typical for netflix well get the earnings soon here finally
Are more than 38,000 cases with as our poll numbers are rising traffic downtown to keep spreading the good. 674 deaths. Fast. The only thing that shifted getting more guidance from the that is the most awesome state, thats what many school was donald trump simply asked thing that that guy could ever districts here in the bay area bill to steer the ship and brad are asking for as they grapple do. Reporter tully was born and with decisions about how to raised in martinez. His law firm is downtown. Reopen schools. This was the topic at a to man the guns. Reporter the switch comes after President Trump has spent he says every year he donates months trailing former vice teleconference hosted today by 10 of profits to charity. President joe bidens campaign in National Polls, a real clear cristina rendon, ktvu fox 2 state senator steve glazer. Allie rasmus explains what the politics average of polls right news. It is just a classic summer state superintendent tony now finds biden at 48. 7 to