The nasdaq on track for a 5th week worth of gains here and the dow is erasing its losses for all the year at its highest level since late february, its also having its bests august since 1984. We turn to the Investment Committee for this we have just been seeing green, green, green for it seems like weeks, if not nonts months at this point it is surprising the markets have marched higher the way they have over the last several months since the pandemic lows its not all surprising all the factors were looking at from the fiscal side, the monetary side and the virus side are lining up in support of equity just think about what happened with chair powell yesterday and the historic announcement he made about departure from the prior inflation targeting regimes to this averaging inflation concept. What does that mean . That means rate will be low, low, low for the foreseeable future we think thats two years from now. That is very support ifr five f valuations then you have this fiscal stimu
Launches tomorrow. Also today, Governor Newsom announced a release package that extends the sales tax deadline for Small Businesses the next year without penalty. And in San Francisco maryland and breed announced a Small Business Emergency Loan Fund that can provide zero interest loans. According to the labor department, a record 6. 6 Million People filed new claims for Unemployment Benefits last week. Here in california 800 78,000 people filed firsttime claims. We are live with how people are dealing with the overwhelmed unemployment system. Reporter many of the people who are trying to file our feeling overwhelmed, julie. The state saw a 0 increase in unemployment claims just last week and some gig workers and contract workers are saying they are seeing long delays. Before the coronavirus pandemic steve craig was barely getting by as an uber driver. Now he is among the millions who have filed for unemployment. I know of at least half a dozen people in my family that have file. Report
Im hill harper. Thanks for watching. Welcome to the whole story. Im Anderson Cooper, australias Great Barrier reef is the Worlds Largest Marine Habitat and one of the natural wonders the world. But its now in its seventh Mass Bleaching during events in 1998, which means the warming waters around australia are killing the coral, turning this vibrant ecosystem into an underwater graveyard this is just one of several Climate Crisis thats plagued australian recent years. Theyve been devastating wildfires and massive floods that are made parts of the country uninhabitable. And has decimated the population of native species like koalas. Cnns ive and watson has been reporting on the Climate Disaster in australia for years. And he recently traveled back to see the evolving threats firsthand and how people are both contributing to the crisis. And trying to find ways to fix it a Once In A Lifetime experience a chance to walk hello, on a Desert Island in the middle, the Great Barrier reef all aro
Outfit for an ugly christmas sweater party. So, he, too, will be back. While these shoppers will battle crowds at the mall this weekend, hundreds of other iowans like Morgan Wright morgan im about to travel to ecuador to go see my husband. Kim are heading out of town for the holidays. Des moines airport Officials Say this is a busy travel weekend, but lines shouldnt be too long. Still, they recommend arriving an hour and a half ahead of your flight. Thats no problem for morgan, whos been waiting 10 months to see her husband. Morgan we havent seen each other for a while, and were just so excited to be reunited. Kim good news, if you have havent finished your holiday shopping. Experts say most stores slash prices as it gets closer to christmas. Kurtis, nice weather for shoppers this weekend, too. Kurtis pretty nice, a little chilly out there really getting up early tomorrow to get a head start, temperatures will be 17 in ottumwa, a bit of a wind chill tomorrow. The wind will select pick
September, 11th, 2012, they say the aftermath of the attack has become, too politicalized. I dont think that we got too much press for what took place an it is time to tell and the people need to know what sacrifices were made on the ground in benghazi for the guys that were there and to honor the people that died. The u. S. Ambassador, at risk. The movie depicts the effort to save, the ambassador, Christopher Stevens and the break downs that cost him and other americans, that lost their lives. I think that they are going to see a story that they have not seen before and i hope that they will take a step back and look at what happened. And you know, have, respect and admiration for these guys and what they did. The movie does not touch the politics in the aftermath of the attacks. But only, what happened on the ground that fateful night. I am hoping for a lot of peop it gives them the first because i think that a lot of the noise that we are hearing is about how the people feel about h