Pizza. One stock serving up serious game thanks to leftovers the dow was up over 500 points the rally, driven in part by President Trump who made an about face on stimulus, putting aid back in play before the november election. So, can we expect this rally to continue you know what struck me about todays rally is that we what is that, mel that we closed nine points higher than when we closed yesterday. We are better off today hoping for piecemeal parts to the stimulus plan than yesterday i made it a point, albeit clumsy, that President Trump, in my opinion, is extraordinarily focused on the stock market. The administration has said it for years, the stock market is a report how well hes doing so for him to tweet something and then watch the dow jones g straight line, it had to be upsetting. I thoughi didnt think it wouldn six hours later, but we are here i think they have learned how to speak the language of the stock market to your point, nothing has changed, but here we are increment
Headlines for more of those stories of course you can go to our t. V. Dot com our web site and get much more there as well now stay tuned for more great programming right here on a hearty international. Hello from rhode island Home Sweet Home where we are still hunkered down dust star of that virus and if you think you are at wits end with staycation imagine how the airlines feel in a Statement United Airlines explains the obvious the reality is that united simply cannot continue at our current payroll level past october 1 and environment where travel demand is so depressed and involuntary furloughs come as a last resort. After months of company wide cost cutting and Capital Raising united is talking about cutting as many as 36000. 00 jobs American Airlines could layoff as many as 25000. 00 thats almost a 3rd of its pilots flight attendants mechanics and airport workers Virgin Atlantic has filed for bankruptcy southwest has a little breathing room after more than a quarter of its workf
Tology is once again a right spot. Nasdaq gaining 30 points. Company is planning to unveil a series of subscription bundles with its iphones this fall. Apple inching closer to the true trillion dollar milestone. Fox Business Team coverage, blake burman at the white house. Edward lawrence is in washington. We begin with blake burman. Hi, there, blake. Reporter cheryl, democrats, republicans phase four deal, 2 1 2 trillion dollars give or take apart. President trump says the biggest hangup is a fraction of that. 2 1 2 billion dollars for mailin voting and 25 billion for the post office which is what the president wants. Here is the president speaking to Maria Bartiromo earlier this morning. President trump if we dont make the deal, that means they dont get the money. They just cant have mail in universal vogt. They cant have it. Sort of a crazy thing. Reporter democrats say right there, acknowledging not going forth with those funds would restrict access to some in upcoming president ial
Republicans and the white house unveiled their coronavirus stimulus plan today and now comes the hard part both parties have to negotiate their differences. Joe khaleel reports from washington. Now the republicans have their own bill negotiation toward a bipartisan stimulus package is under way republicans put forward a trillion dollar proposal for kids jobs. And health care senator Mitch Mcconnell says the gop plan provides Liability Protection for businesses more than a 100 billion dollars for schools and more testing money every single thing we put forward as a way to get more relief and the peoples but democrats say the gop plan falls short compared to their own 3 trillion dollar plan republicans seem to say that people dont want to work they want to take on employment stay home and that that is and so the Democrat Eric swalwell says republicans proposal to reduce the extra Unemployment Benefits from 600 to 200 a week will slow the recovery. We want to keep a steady flow. Of Unempl
You guys are such good energy in the morning. Its a good time hanging out with you. When pete hope youre having a good morning waking up and we are waking up in livermore at about 56 degrees. Winds light at about three miles per hour. Looking at sfo, you can see a low cloud deck. The marine layer is in full effect. San francisco at 55 degrees. Santa rosa also at 53. San jose at 56. Heres a look of some drizzle on the coast. The marine layer is present in places like santa rosa and certainly in most of the bay area. Visibility is not bad though. Just a couple tiny spots in the north bay. It should be a problem with driving. Mostly sunny skies today. Once we kick these low clouds out, it will be in full. 60s at the coast. 70s in the bay and gorgeous and mideighties. For now we will go over to check on the traffic. Not a lot happening. This is the way we like it. We wanted to be nice and quiet for you. It is a holiday, 3 july. A lot of places are close. Bank said the star market are close