Under investigation. You can see that muni bus right there as well its not going anywhere so reportedly even though we dont see any significant damage to the muni bus it is somehow some way related to this accident perhaps the driver was a witness to all of this and thats why that muni buses still park eric as far as this scene here. We dont know when it will be cleared, but we do know when this. Happened 2 and a half hours ago, dozens of Police Officers obviously when it involves one of their own they rushed to help out. Reportedly there were a couple of dozen Police Officers on the scene but they have left here for the most part. Theyre waiting im sure for detectives to come here do measurements once the sun comes up then and only then well they clear the scene right now i dont see any ambulances i dont see anything urgent as far as needing help for any pedestrians or anybody inside the house and no tow trucks are on the scene yet so that tells me its going to be quite some time haig
Pattern meeting globally at the jackson hole symposium shares in wpp jump as the worlds biggest advertising slump. Tiktoks ceo quits quiting a changing political environment after actions to ban the video app. We are tracking the hurricane laura after the storm made land fall in louisiana with a 20foot storm surge. Crude was cut ahead of the storm. Just incredible when you talk about 20 feet and the language thats been mentioned. That most of the parish could be under water and the word unsurvivable has been used some of the houses are built on stilts particularly on the texas coastline. The oil industry has been interesting. 90 shut down similar to katrina. Mostly brent that is picking up the action matched against these concerns has been the covid19 impact that has tracked the reaction in the range so you wont see the impact close to 46 on brent prices and just above 43 this morning. Not getting any traction in the read Nbcs Jay Gray from the gulf coast. The most powerful storm on th
Last. Anyone else quarantine confusion the u. K. s only telling new arrivals to isolate now that infections are falling which stop the spread. And on time the hamas now have all the support including tyson fears from osa says the match against the ontario wilder could happen this year in macau. 2 weeks after 46 year old black man george freud died under the knee of a Police Officer sparking a global wave of protest the accused killer has faced court Derek Sherman has been charged with 2nd and 3rd degree murder as well as 2nd degree manslaughter is appeared by video link in a Minneapolis Court as the charges were read thousands of people queued to pay their respects to George Floyds body and his home city of houston is funeral will be held there on tuesday and as the protests grew the cry to defund the police has become louder counselors in minneapolis of already committed to dismantling the Department New york and los angeles have also vowed changes to funding. Lets go straight to john
Economy as well. With concern that it would hurt the reopenings that would have been under way along with another round of infections because of all the demonstrations diane swan tweeted out today, theres little question the events of this weekend will affect the economy what started as a health crisis, but much more. The riots lasted, how long he wrote a long piece saying, its too soon to know how the economy will transition. The timing and trajectory of broad economic recovery will not be altered hopefully we can find ways to expand opportunity, a way that will more effectively tap the potential of everyone. That will be good for the economy long term. The economic story this week, before the issues was going to be about bouncing off the bottom and indeed we have a paradox here bouncing off of terrible numbers to numbers that are still absolutely terrible. The ism today coming in above 43 were looking for 44 its better than the 41 we have. Same story with ism services on wednesday. T
Points. 770 is the yield on the 10year treasury right now. The yield on the 30year treasury below 1. 35 . It is now down 18 basis points at 1. 358 on the 30year. Mortgage rates are hitting record lows, how you can take advantage of this, these yields are tied to mortgages so we could see refi activity as well. Coronavirus crisis, one hundred thousand confirmed cases worldwide. That number is expected to increase. President trump says that the u. S. Economy could take a hit but says it is all going to work out and everybody should be calm. The democratic field is thinning out. Elizabeth warren the latest to drop out of the 2020 race but not making an endorsement just yet. Meanwhile this Jpmorgan Chase jamie dimon is recovering from emergency heart surgery this morning. The surgery was successful and dimon is awake and alert. Plus nashville recovery, President Trump headed to tornado ravished area today after approving disaster declaration, we will tell you there live this morning for a