Last weeks big rally with saudi arabia and russia feud over cuts the oil market taking a hit today. We do have full Team Coverage of these markets for you. Bob and rick covering the action in stocks and bonds. Steve on the latest economic fall out from the virus. Bob, well kick it off with you and this rally that just keeps building it started early on we got right up great overseas numbers. When Governor Cuomo started talking a couple of hours ago, we moved up on his comments on hopes for plateau. The market took it positively. I want to point out that we are, i call it markets in the middle. Were now 20 off of the lows from the february 19th high, were now down 22 remember at one time we were down 35 a bull market to bear market to i dont know how to characterize characterizeize this morning were 20 off the lows the most beaten up are rallying the most retailers they are a big today wayfair up best day since march 26th for the banks. Here are some of the regional banks. Sta stap stap
Protect renters. He put a action in place until may. You see him welcoming the ship mercy. Its docked and ready to help the hospitals. The total number of cases statewide, 3800. That is up 25 from yesterday. Yell, tonight in the bay area, theres more than 1600 cases in the last 30 minutes. Marin county announced the first death. The patient, a man in his 70s who has been hospitalized for three weeks after being exposed on the grand princess. Santa clara county continues to see the most cases. The Santa Clara Convention center is turned in to a makeshift hospital. We need the beds and space to handle the patients. A tv Pool Reporter was allowed inside, damian joining us from san jose. Damian, this is for the people who have been exposed but that are not really that sick, dont have to be in a hospital. That is correct. They are positive for coronavirus, and so, they are there at the Santa Clara Convention center or will be there. It was fascinating and erie at the same time, we are talki
That is another issue that is being looked at and that is where the idea for a public option comes in. If you think there is agreement on some of these things, that is a bigger thing to be an agreement on. Host the podcast is what the health. You can find it on twitter. Itannouncer washington journa continues. Host karen petrou is joining us for a conversation on the economy, a member of the consulting firm, federal financial analytics, the author of engine of inequality. She also penned bidennomics is an insult to those living paycheck to paycheck. The Biden Administration embracing that term on the campaign trail. So define that term right now as you see it. Guest that was not my headline. I do not think it is an insult, i think it is a mistake. Bidenomics is what the president wants to portray where the middle class is doing better. And i think that we do have a better economy than we feared we might after covid, but for most americans, the majority of americans, it is far from comf
Host good morning, it is tuesday, august 1, 2023. We will chat about the state of the economy. As we take you through the latest on the expanding congressional inquiry into the joe biden family the biting biden Family Business practice if you say yes, 202 7488000 is the number to call, if you say no 202 7488001. You can also call in if you are unsure. That number is 202 7488002. You can send us a text 202 7488003. If you do, include your name and where you are from. Catch us up with us on social media. A good Tuesday Morning to you. Here are the two lead paragraphs of the wall street journal story on that hearing yesterday on capitol hill. A former business associate of hunter biden testified monday to correctional leaders that President Biden and his son were in elite communications and the younger biden would put his father on speakerphone on business dinners. The associate said joe biden and his son never discussed business on his calls and only discussed casual conversation but the
Temperatures are going to be about ten to 15 degrees cooler today inland where well still make the 90s. 50s, 79, 70 and 709 your 7 00 temperatures. Well talk more about that impending heat wave coming up. Sue. Weem take a look right now outside and san jose. This is 101, those taillights headed southbound 880 at the overcrossing. Pretty good conditions for this morning for your commute leaving san jose northbound up towards the peninsula. Well also take a look at our roadmaps out there, green suspect good, obviously, everybodys moving at the limit. Little slow out of tracy as you approach the Altamont Pass but so far so good, about a 35 minute drive time from tracy into livermore and the dublin pleasanton interchange. We do slal bit of road work through the and well check back in just a few. Thank you. We are tracking the developing news out of texas where the death toll from harvey hasries tone seven. The red cross says the biggest shelter is beyond capacity now. Its original capacity