We are all in it together, good evening, everyone. I am julie haener, working from home. Im frank somerville. It is tough to gauge progress when the numbers continue to go up. The death toll from the coronavirus is now past 10,000 here in the United States and is approaching 11,000. In california, gov. Newsom said that he expects the outbreak will peak in midmay but he also said there are already indications that the hospitalization rate is slowing down. Signs of progress in the fight against the coronavirus in new york. Retail and travel stocks were among the biggest gainers with markets up more than 7 today. And the Prime Minister of Great Britain was put in intensive care at the hospital after his symptoms for coronavirus took a turn for the worst. Boris johnson was diagnosed with coronavirus 10 days ago, the white house is now reaching out to offer assistance. Gov. Newsom said california will be lending 500 ventilators to the National Stock file to help u. S hotspots. At the same t
Emergency Small Business fund, 75 billion for hospitals. The democrats claim its their victory and already, senator schumer is planning another 150 billion package, this one for local governments. Is all this enough . In my opinion, not if we dont get back to work soon. We have to open up the economy to avoid economic disaster. Elsewhere, the president says he will sign an executive order today suspending green card issuing for 60 days. This does not apply to guest workers or agricultural workers. To the markets. After two days of sharp declines, weve got an uptick. The dow looks like it will open with a gain of close to 400 points. That is 1. 7 . S p up 1. 8 . Nasdaq up 1. 6 . Green arrows across the screen. There are some standout stocks. Netflix nearly 16 million new subscribers. Their outlook, though, is cautious. We will get into that. The stocks down eight bucks, 1. 8 . Look at chipotle, doubling their online orders in the month of march. Chipotle is clearly a lockdown winner and
Says the economy will take off quote, like a rocket ship when it reopens. The questions, though, are when will that be and what will it look like. The market is asking those very same questions as it searches for direction this morning. More green on the screen but again, markets want to know how much economic damage has been done. Meanwhile, moodys says economic output fell a staggering 29 in the first week of april. That is compared to march. That is the first full week of true social distancing rules in place across the country, and that was the result. Down 29 . The other big story of the day, the w. H. O. Is under fire from President Trump. The president saying he may freeze funding to the organization over its response to the pandemic. This is happening as we get more clarity on what may be in a fourth stimulus package. President trump wants 250 billion more for Small Business. Senator schumer wants a 25,000 bonus for front line heroes Like Health Care workers. And we also have s
The day, below average temperatures again scattered showers and the chance to see an isolated thunderstorms. I will take you hour by hour through traffic. Lets take a look at the roadways right now. Chp was working on but was first reported as an accident, it is now a broken down vehicle on 24 eastbound. Not too far from broadway. We saw some slight delays earlier that looks like they may have now moved this over. Traffic moving a lot better. Not a lot of volume, not a lot of cars in the roadway of these incidents pop up, doesnt look like they are causing a ton of delays, but if you are a delivery truck driver or a healthcare worker, and essential worker getting to go on the freeways this morning you should be able to go for the most part, there is a traffic hazard, a fallen tree on highway 90 is blocking the roadway in both directions right at 35 skyline boulevard. Utilize an alternate they are instead. The bay bridge looks pretty good with no delays here, traffic very light over ligh
My boys are back in class this morning. Last week was supposed to be our spring break. We did pretty much nothing which is what we are supposed to be doing. I dont know about the two of you, our two routine and expectation of how we are going to use this time together have listened considerably. At first i was like, lets get it done. Organize the pantry, cleanout the closet, but now im like, you know what . As long as they are happy, i am happy. In our spring break is next week, and so we have not reached that point yet. Our daytoday routine, i will admit it is very hard. It is very difficult being a parent right now. We are all doing our best to kind of bite our time on certain things. We are allowing certain things that maybe we would not be allowing daytoday before this pandemic. My wife came up with a list of stuff. Because we have been getting a little loose, a little lax. This week, its funny that you mentioned it. We have a list. Lets see what we can get done. Okay. Right now we