The state, with county health officers, will begin easing constraints. It is all conditioned on is continuing to stay the course on the current road that we are on. Reporter not time to celebrate, but these neighbors see it as newsom does, a glimmer. It gives people hope, little thread to hang onto. Reporter this gathering reflects our times. Residence at a santa rosa culdesac connect every tuesday when they bring their garbage cans in. Trash talk they call it, weekly friendship and support. Its been challenging all of a sudden to not have a job. Its california, my husband and i need both of our incomes. Reporter they are all aware when restrictions lift. The new normal will be very different. We are all going to have to make some meditations and continue to adapt. I just think its important to let folks know we are not in a permanent state. Reporter the timetable will become more clear inmate. Lets not make the mistake of pulling the plug too early, as much as we all want to. I dont w
New york stock exchange. The u. S. china trade war taking a bite out of apple, now on pace for the worst day in over a week as the white houses 15 tariff on a new batch of goods goes into effect over the weekend obviously, a big story for the markets. Apple products expected to be hit this time around include the apple watch, air pods, the home pod, imax, and some beat headphones for more on where the stock may go from here, were joined by an apple bear, Pierre Ferragu has a sell on the stock, a 170 target. Also with us, apple bull, daniel flax, whose target is, daniel . Carl, i cant give you a specific target, but what i can say is that while the nearterm environment certainly remains sluggish with iphone and clearly theres a risk in terms of higher prices from tariffs impacting demand, we see a lot that we like over the medium term and i say that because the iphone install base is continuing to grow the company has opportunities to show additional growth with Newer Services like tv a
That is all in on this monday night. The Rachel Maddow show starts with ali velshi in for rachel. Thank you for filling in for me last week. I appreciate it. You have been on quite a tear so im glad to see you back and refreshed. Good to see you, my friend. You too. And thanks to you at home for joining us this hour. Rachel has a well deserved night off. Weve got a lot to get to after whats been another very busy day. With coronavirus cases exploding across the country, we learned today that yet another Trump Administration official has tested positive for covid19. Trump National Security advisor, Robert Obrien, is now the highest ranking white house official yet to be infected. With the virus continuing to spread unchecked, even at the highest levels of our government, it is no wonder that were still dealing with the economic fallout from this pandemic. Nearly 30 million americans are still unemployed. Their supplemental Unemployment Benefits are set to expire this weekend. For some t
Administration official has tested positive for covid19. Trump National Security adviser Robert Obrien is now the highestranking white house official yet to be infected. With the virus continuing to spread unchecked even at the highest levels of our government, it is no wonder that were still dealing with the economic fallout from this pandemic. Nearly 30 million americans are still unemployed. Their supplemental Unemployment Benefits are set to expire this weekend. For some, they have received their last check. And yet the latest Economic Relief bill being proposed by republicans would slash those benefits, presumably at a time when they are needed the most. Were going to talk with congresswoman karen bass about where negotiations go from here. Karen bass, by the way, is also on joe bidens vp shortlist, and the two of them were together today. So a lot to talk to her about. Plus, with just 99 days left until the election, there are now new questions about what will happen if President
Including todays roller coaster action. Markets closed up, the dow rising 2 points, the s p gaining 0. 38 . Stocks are going up or down not because of Revenue Growth or lack thereof. Thats the simplistic way the newspapers are explaining it. Theyre going up or down because of expectations with a capital e. Often the expectations are just too great going into the quarter, or the expectations are negative enough that poor expectations should be the title of some of these Conference Calls. Take caterpillar. It reported a hideous quarter because it was the worst of times in china, the worst of times in china. Not the worst, but certainly in america. On top of, that cats management lost its optimism and started it, well, an attitude of resignation. Next year will be better. Thats the attitude that often precedes disappointing seasons in every sport, as well as disappointing numbers in the sport we play in. This was not kathmandu. It was catnodo. So what happens . The stock looks horrible in