Just eight or nine pennys away from 40 a barrel. Markets hit session highs as President Trump this morning championed the jobs numbers while standing in the rose garden. He is now in maine meeting with commercial fishermen who were hit hard by the covid lockdowns he will during this hour visit a factory that makes swabs for covid19 tests. He compared the coronavirus lockdowns to a hurricane and he calls for the reopening of the economy and he shared his desire for additional stimulus including a payroll tax cut. Were following all of his moves in maine ahead of his remarks at the top of the next hour, meanwhile the protests over the death of george floyd in minnesota continue at this hour, you are looking at live pictures of demonstrate or s at the National Cathedral in washington d. C. , and more marchers in brooklyn, new york who just began their march minutes ago in prospect park. One ceo, is using his power and influence to make the workplace more kind. Bar founder and executive ch
The comments from the reserve bank of new england, a move for the new zealand kiwi dollar up by. 5 . That is where we are at the moment. Lets look at what is going on in the first word news as we get to new york and join karina. Has dodgedowell Senate Efforts to make and take sides on coronavirus 80, maintaining a neutral stance in the debate over whether the u. S. Should add to its stimulus. Powell and Steve Mnuchin testified remotely to the committee. How all reaffirmed his stance more fiscal help may be needed but stopped short of a full endorsement. China has taken another swipe at australia over calls for an investigation into the origins of the coronavirus pandemic. Having put duties on burly and some beef imports, beijing is threatening to target wine and. Ary, and dairy other products could face punitive measures and their are rumors state media could call for a consumer boycott. We advise australia to read the original text carefully and not take conclusions for granted. Weve
Steeper decline. We will have the first numbers. First contraction in 6 years and also hearing from Federal Reserve jay powell later today. Also another big day for earnings, boeing is in focus this morning, wall street journal reporting reporting thae aircraft maker is facing criminal probe into Quality Control issues on still grounded 737 max fleet. The company also reported looking to raise capital to major bond sale. On tap before the bell this morning, General Electric is out with its earnings along with master card and ensurers anthem and humana, after the numbers attention to microsoft, facebook, tesla, markets are higher, take a look at futures, gain at the start of trading, dow futures right now showing a gain of 180 points, three quarters of 1 . S p is up 25 and nasdaq higher by 93. This after the dow, nasdaq and the s p 500 erased early gains yesterday to actually end lower. Dow industrials were down 32 points at 4 00 oclock on wall street yesterday and nasdaq down 122 and s
live from the kgo-tv broadcast center this is abc7 news. good morning on wednesday, january 7. thanks for joining us. i am eric thomas. i am kristen sze. leyla gulen is back. the flu is bad. stay healthy. with the weather we have another spare the air day. poor air quality again. the fog is in the north pay. live doppler hd shows it is quiet. walnut creek southbound into the san ramon valley is not so hazy at 33 to 50 at 7:00 and the next 12 hours stuck in the 60 s the better part of the day with sunshine and mid-50 s during the evening. that is comfortable. what is going on? this is starting off as the bay bridge toll plaza with traffic there stacking up in the far left hand lane and some of it is thinned out. here is a look at the golden gate bridge with travel interest san francisco is smooth with a big closure over the weekend. thank you, leyla gulen, it is now 5:02. from pacifica, police and firefighters on the scene of a fatal accident and our repo
look at the video again. he s pulling the suitcase past a restaurant door, windows. the sfpd images are from a security camera in the neighborhood where a person dumped the suitcase carrying the torso. it appears to be a light-skinned male. the person is described as male white, possibly 50-60, 57 58, wearing a pin striped baseball hat and light blue jeans wednesday afternoon, police found the suitcase near goodwill industries on 11th and mission. inside, a headless torso then, a leg in a garbage container in front of firestone tires. yesterday, police canvassed the neighborhood looking for the rest of the body parts. they found none. other officers found important surveillance camera video from nearby businesses. one source tells us another camera recorded him wandering around howard and 8th street for an hour that day. investigators believe he is a transient, making it difficult to find him. police are asking anyone with information on this case to call their tip line