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Economists expect most jobless numbers will show that another 2 1 2 million americans filed for Unemployment Benefits last week. That would be a slight improvement from the prior week. The nation has seen about 33 million new unemployment claims in just the past seven weeks. Here in california, the state Employment Development department has issued a new set of guidelines as a result of the coronavirus pandemic. The new rules would allow some people to actually turn down job offers and instead continue to collect Unemployment Benefits. New at 6, andrea is here now to explain. Is a drastic change from what normally happens when people collect unemployment but part of the reason here is that people are supposed to be hunkering down at home to prevent the spread of covid19. It is sort of a day by day w ....
The change will put the county in line with the state, which loosened restrictions last week. So, what this means now, for our city, is incredible. Because we are talking about many of those Small Businesses, and various neighborhoods, where you see many of them, the shots are close. San francisco says no more than 10 workers can be at a retail site at any time, no more than 50 workers at any time can be at warehouses or manufacturing sites. New at 11 00, face coverings are now required to be worn by people who are out and about in palo alto with pal unanimously approved the new order. It requires face coverings to be worn by anyone who enters a business, store, healthcare facility, or takes public transportation. It also includes stanford facilities, located in the city of palo alto. I think that it is very important that we protect each other. And the only thing we have right now to do that is all of us wearing masks. Especial ....
Goes back to really and see for me. We had our discussions in committee. If there are concerns about resiliency, and that is based on my experience in the private sector, couldnt you address those concerns through the regulatory and Supervisory Authority that exists in your space . When i was talking about the multiple data centers and the redundant systems, you think resiliency could be something that is a function of what you are doing right now . Chair powell the gentlewoman from massachusetts is recognized. Thank you, chairman powell for appearing before the committee. The Federal Reserve can do more to support the needs of hardworking american families. As it stands, working families can wait days at a time to have their checks cleared. There can be no room for error. America,ntral bank of the Federal Reserve ....
This is bloomberg surveillance. Alltime highs in the s p 500 with the three day winning streak, 20 fourth record close so far for 2024 and the main event is coming right up, 2 trillion market cap. There is only one name, nvidia. Lisa the most important Macro Economic event, one of the most important events on the calendar thats where we are at with one name, one company can dictate the Macro Economic backdrop for an entire market and thats today. Jonathan raising the bar once again going into the numbers later this afternoon. Barclays raising their price target, expecting a beat and a raise. Annmarie its not about if they beat expectations but its by how much. The bar continues to increase for nvidia that they need to clear. To avoid a selloff, they have to be estimates by 15 . Jonathan its about target or tarjee. Lisa its the upper crust of that kind of store which maybe the ....