department of agriculture should not re prepandemic rules for snap the f while some things have gotten a little bit better since beginning of the pandemic we're nowhere near back tthis m the millions of families already approved assistance will give have incom enough to keep benefit. there's a real rithsk they will lose food assistance when e process of having to re ovss requires extra paperwork and at times interviews. usda waived the step in march states of new snap applicants fasthave before needed to hep and need it now michigan democratic senator debbie stabenow says to a lifetime pandemic weneed to stepping up, but agriculture secretary sonny pedue is standing by his decision to return to normal protocol list still plans to produce offices states have had ample time to prepare for newer high volumes. >>but as areas with exceptionally highunemployment for waivers d up apilong as communities in areas labor force or above that unempcan apply for waivers monthly. >>in washington raquel martin. >>still ahead on the kron 00:04am morning news encouraging signs at the bay aus travel ing

department of agriculture should not reinstate prepandemic rules for snap the federal food stamp program while some things have gotten a little bit better since the beginning of the pandemic we're nowhere near back to normal starting this month, the millions of families already approved for food assistance will give have to prove their income is low enough to keep benefit. there's a real risk that they will lose food assistance when they're put through this process of having to re prove their eligibility the process requires extra paperwork and at times interviews usda wave the step back in march to help states process a wave of new snap applicants faster we have folks that have never before needed to help and need it now michigan democratic senator debbie stabenow says it's too soon to return to business as usual we need to have additional support to snap this is a once a lifetime pandemic we need to be stepping up, but you with agriculture secretary sonny perdue is standing by his decision to return to normal protocol list still plans to produce offices states have had ample time to pr

he says the bank has seen cash levels consistent with prepandemic levels very active again. over time, the bank wants to put in two-thirds of capital some color about how he's thinking and how activity has progressed in recent weeks so activity picking up in terms of transaction levels. we'll give you comments as they come in. >> bank stocks suffer heavy losses we'll discuss the long term implications, next give you my world ♪ ♪ how can i, when you won't take it from me ♪ ♪ you can go your own way ♪ ♪ go your own way your wireless. your rules. only with xfinity mobile. >>> european banks are recouping some of the losses documents allege u.s. and europeans have moved suspicious activity reports claiming to show jp morgan and ny mellon a look at the u.s. banks they were hit very hard. among the worst performers in the u.s. market. >> professor of criminology. they are suspicious reports. they are suspected cases do you have any sense of how many of these transactions do actually reflect money laundering and how many of them are in fact, okay. no and nobody does in the sense th

they have been doing that prepandemic.are certainly taking tremendous advantage, if you will, of the crisis that we're all in consumers have been shifting away from these dinosaur-like stores called department stores for a very long time there's nothing they are doing today, any of them, that continue to do business, that suggests they are going to be highly sought-after in the future. >> when we look at who will be the winners and losers in the last four months, mark, which has been a bigger key factor, being ready in terms of e-commerce and having that very well built out or being designated as an essential retailer >> there's no doubt being an essential retailer gives an enterprise an enormous leg up on all those who have been forced to close having things that customers eagerly want to buy, groceries, home supplies, home furnishings certainly is tremendously valuable in this period that we're living in versus folks like macy's principally focused on apparel and accessories so being able to be in business is an enormous

those that would be normal or prepandemic time we found it well with other tools we have launched in very good and fair pricing. >> in terms of geographic roll out, you are due to launch in europe you will be getting u.s. approval can you give us information about that u.s. timing and when you could launch in the states >> caller: we will launch soon and we believe this tool is helpful in all countries that do not have a test at all we want to help those and we want to support the u.s. as soon as we can, we will apply to the emergency use and it will be up to the fda how long it takes to get this authorization. >> public health experts have been waiting for a solution like this that could reveal results within 15 minutes. how do we see these tests being used you have 49 million initially and i know you have plans to ramp that up how will they be used to aid in the process? >> if you compare the anti-again testing to the ptr testing here you detect the protein. you will never get to the same accuracy as you get with a ptr however, you can scale faster and reach areas that don't have t

during the 2008-09 and 10 financial crisis how long is it going to be before we're back to those prepandemicevels or maybe even into the sales levels of a couple years ago which were in the upper teen millions domestically >> okay. if we're talking about the united states, we think it's going to take a decade a couple of important points, we're not expecting the kind of government support that the industry had the previous down turn also, this down turn is not caused by weakness in the financial markets. it's the real economy. we're seeing many, many people being laid off we think ut can be a relatively protracted upturn. nevertheless, we have to stabilize and the conditions with better than they were things are going to take a long time for the industry to come back at the same time, we still have negative outlooks on 19 of the 22 car companies so industry stabilized, you're seeing ford and gm report better than expected performance. it's going take a while. >> which ones do you have positive outlooks on, bruce? >> i don't think we have any positive outlooks. we have a number of stable outl

the trump administration prepandemic -- juan i have it right here from the brain room. a question mark >> juan: i had it right here from fact-check.org. >> jesse: ready, january to march 2020, plus 200,000 manufacturing jobs. i don't know about that, but these are statistics from the bureau of labor. >> juan: jessie, jessie, you're mistaking is that there were also hemorrhaging the manufacturing jobs and the total, the total as i said 270,000 jobs, manufacturing jobs lost since trump. let's not bore the audience. >> jesse: tell me what trump, i'm fired up, you're talking about the facts. all right. i see the manufacturing jobs were lost after the pandemic, but i said prepandemic they added 400,000, okay? if you go back and look at the factories lost as by then champion the china trade deal, 63,000 less american factories since he champions of that. you know how many manufacturing jobs we have lost since biden backed nafta? 4.8 million manufacturing jobs since biden backed nafta out. under obama and biden, the u.s. offshore to 1.3 million manufacturing jobs. we can go to

. >> translator: we don't expect passenger traffic will return to prepandemic levels even after thingser control. we're aiming to reform work practices on our rail networks. >> west japan railway is planning similar measures for last train servicetion on some lines in the kansai region next spring. >>> tokyo's benchmark stock index rallied on thursday tracking big overnight games on wall street. the nikkea average erased deep losses triggered in february and march by concerns over the coronavirus pandemic. the index finished the day at 23,465, up 0.9%. investors in tokyo snapped up shares after new york's dow jones industrial average also regained its pre covid level on expectations for a recovery in the u.s. analysts say another factor is the massive mond tear easing measures. investors expect to see progress in the development of vaccines in the u.s. and europe and in business activities getting back to normal. >>> the u.s. government has projected to run its largest ever budget deficit this fiscal year. massive spending to prop up the pandemic-hit economy and shrinking tax revenues

. >> a dentist said is that t th prepandemic, she'd see 1-2 fractures in a tooth a week. had now she is seeing that a day. >> it's manifesting in the mouth. and we have to you know, very quickly deal with this. because it is an epidemic of its own kind. >> we cannot make the stress go away. but there's things that people can did to protect their teeth. we would rather do that than pucks it after it's broken. >> headaches facial pain, a sore jaw and loose teeth are all signs of clinching. a night guard which your dentist can prevent permanent damage and improve sleep. >> retail stores, is salons, and churches can reopen with capacity limits. some say they cannot wait. >> we have to pay rent. pay tax. and license. all kind of things. >>> you can just hear and see the stress that she has been going through in this time. marin county health officials say coronavirus rates are one half what they were in july. good progress. contra cost al county health orders had will start tomorrow, and more businesses can reopen. if tupt to cheyou want to checks open on the county, check out

now they have returned to prepandemic levels due to increase production and lower demand. >> coronavirusravelers are putting some parents with small children at odds with airlines. one mom says she was forced off an american airline flight from florida. after her 2 year-old son refused to wear his mask. she tried today explain that you can't force a toddler to keep a mask on. >> at some point common sense and human decency has to come in. you can't reason with a 2 year-old. policies need to give room for that. give room for some flexibility. >> all major airlines require children two and older to wear face coverings. american says they reached out to the family to address the concern. >> a growing number of colleges are cancelling spring break in hopes of curbing the spread of the coronavirus. university of michigan among the latest to amend the calendar. concerned students who travel will bring the virus back to campus. >> new questions about the da dangerous of flying during the pandemic. passengers exposed on planes. i spoke about the possible risk. we begin with the growing covid-19

it's a fair hi conventily conve up the stock broke out at the 105 level, the prepandemic high.eded those highs. after basically printing a 15% gain, you often fall back to a level from which you broke out so you can see the hooking over, the rolling over now i think we're going lower and i think taking measures like this if one is already long makes sense or putting on the strategy that mike has outlined if you're not long looking to collect premium. >> good stuff on nike. >>> next, speaking of a run, shares of gm up more than 3% this week. we'll tell you why that's great news for one of your traders it's a thirteen-hour flight, that's not a weekend trip. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight. thanks. we'll see ya. ah, they're getting so smart. choose the app that fit

it's a strategy for takeout and delivery they are making roughly the same amount of money prepandemic thanks to chipotle and getting big breaks on rent because landlords need tenants that can actually pay ha other side of the coin sizzler. i always liked sizzler nice, cheap staeak house with a 62-year legacy hey, you can go to sizzle when you're done. when i was living my car, i loved ziz lsizzler, how is that the president of sizzler made it crystal clear, our current financial state is a direct consequence of the economic impact due to long-term indoor dining closures and landlord's refusal to provide necessary rent abadement tough to run a steak house opposite from what we heard from chipotle darden reports on thursday and unlike sizzler, the pararent company of olive garden can survive the economy if the steak houses are not delivering right now. yes, they can get through to when we have a vaccine they will be able to do it sure, there are smaller retailers, smaller restaurants that can compete but you just wait until it gets cold and windy outside. with no outdoor dining and heav

. >> a dentist said is that that prepandemic, she'd see 1-2 fractures in a tooth a week. had now she is seeing that a day. >> it's manifesting in the mouth. and we have to you know, very quickly deal with this. because it is an epidemic of its own kind. >> we cannot make the stress go away. but there's things that people can did to protect their teeth. we would rather do that than pucks it after it's broken. >> headaches facial pain, a sore jaw and loose tth all si in night guard whichou dentist can prevent permanent damage and improve sleep. >> retail stores, is salons, and churches can reopen with capacity limits. some say they cannot wait. >> we have to pay rent. pay tax. and license. all kind of things. >>> you can just hear and see the stress that she has been going through in this time. marin county health officials say coronavirus rates are one half what they were in july. good progress. contra cost al county health orders had will start tomorrow, and more businesses can reopen. if tupt to cheyou want to checks open on the county, check out the map. it's on abc new

that's where we want to be going but the bad news is unemployment is still five times what it was prepandemicg hit with fraud. getting unemployment in this pandemic has been painful since the start. >> i've called the line hundreds of times >> there's just no getting through. >> reporter: state agencies already bogged down by the record number of applications and out of date computer systems now also plagued by fraud. state officials say taxpayer money meant for those applying for pandemic unemployment assistance, a program created by the cares act is being stolen. >> we're seeing systematic and sophisticated attempts to commit fraud. >> reporter: in pennsylvania 10,000 inmates illegally applied for benefits behind bars potentially stealing millions of dollars. >> what kind of sophistication are we talking about here? >> in some cases we charged inmates for making applications from prison and many of them sadly got that money others utilized people on the outside and stolen identities. >> reporter: often those stolen identities coming from other data breaches. in colorado, 75% of pandemic une

international flights at sfo and now we're up to 19 while the airport remains far short of the prepandemic average of 75,000 daily passengers yakel says the number of travelers going through tsa checkpoints is trending in the right direction in april we saw days where we were even having 2000 people a day going through our security checkpoints now that number is up to 12 to 13,000 per day if you have not been inside of the airport or boarded a plane in 2020, here's what you need to know number one you should expect that you're going to have to wear a face mask or facial covering at all times when you're in the airport. the other thing that passengers should expect is physical distancing and then obviously here hygiene and sanitation is a huge part of our airport experience right now we've installed hundreds of hand sanitizers throughout all of our terminals as officials say the reopening of international concourse a is an encouraging sign of the return of airline confidence here in the bay area. >>has it made you kron 4 news. >>well poor air quality continues to plague the bay area as thos

. >> reporter: dancing, music, and images of prepandemic life fill the streets. signs of a return to normalcy are masked, this time seen through different glasses. >> the winter, when it's raining out and it's cold, i need something for indoor dining. >> reporter: if the county remains in red for two consecutive week, all schools in marin county could reopen on september 22nd. >>> some slightly good news on the coronavirus front. as of friday, state hospitalizations have fallen below 3,400 patients. currently the state is reporting nearly 5,000 new cases. and there are worries that number could surge after the holiday weekend. states also reporting 153 new deaths since thursday. >>> coming up, have you seen this woman? tonight the search for the suspected thief who authorities say took advantage of the fire in santa cruz county. >> a trump rally takes a scary turn after reports of several boats sinking. >> and the popular labor day destination shut down this holiday weekend. >> also a reminder, kpix 5 has a new app. easy, 24/7 access to cbsn bay area. and kpix ne

>> reporter: prepandemic 11- year-old kingston ferrell loved visiting life town village in columbus, realistic simulated town for special needs kids. when the pandemic hit and life town had to shut down, how hard was that on kingston? >> it's hard because he's used to routine. >> reporter: the sixth grader is autistic and repeatedly asked his mom when the free program would reopen. when she inquired. >> they contacted me in 10 minutes. >> reporter: within days, life town launched "life town on the go," bringing a miniature village to kingston's front yard. when life town pulled up in front of your house, kingston, what did you think? >> yes. you happy? >> reporter: show me what you did when life town showed up on your front yard. ( applause ). >> good job. two. >> reporter: the interactive village helps special needs children practice important life skills, like grocery shopping, and withdrawing money from the bank. >> you want to work together and fill out your withdrawal slip? okay. it gives him some normalcy. they already feel outcast. what are these called? very good. >> reporter

it is expected powell will say many economic pointers have improved by remain well below their prepandemic levels and the path ahead continues to remain uncertain. >> president trump will likely nominate a replacement to the supreme court by saturday. justice ruth bader ginsburg will lie in repossess on saturday >>> quibi exploring strategic options including sale looking at a americaer with spak the company founded by jeffery katsenburg people that are not commuting are looking for the short form >> i read that quibi was looking to sell for $2 billion my first question was, what is quibi. it is this short-term video thing. i think you are right. i think watching people dance for 10 seconds on tiktok took the attention away >>> back to the markets. it has been a september to, well, forget wild swings. rising volatility and frayed nerves all around. that's what makes the market on each side of the tug o war on each side. the bears will point to rising china tensions you've got election risk contested election the fight over ruth bader ginsburg's seat and whether that leads us to a new stimu

as unfair a majority of google employees telling the company they don't want to go back to their prepandemicw. >> good morning. welcome to groundhogs day. we begin again, again. starting with the markets. the do

population you look at the v shape and suggest we have a prepandemic growth we just don't see it on averagemonths to get the prerecession growth levels. 11 million people unemployed this is terrible it is awful. i'll add one more. fourth, there is so much caution with a look at spending and goods and services people are skidish and scare of the virus. this is why we call it a u-shaped recovery rather than a v-shape. >> more market volatility. you don't necessarily see big declines in the market >> that's right we'll got grade news with the stimulus, what the fed has done is phenomenal applied from a fiscal standpoint how much congress has applied. you grit your teeth a little bit. the virus's impact on consumer spending you look at retail stores being closed we are on pace for 26,000 closed stores now you look back at the bounce back from the lows the s&p 500 is up 50%. the same time from 2020 earnings we are down 18%. ford pe ratio on the s&p is 22 look at the faang stocks and you look at a pe of 37 and election uncertainty the stock market is really disconnected from the real economy. the

troubles as we saw coming out of london but it's one of those things where uber is a name that prepandemic changed our world. let's think about what happened. during the pandemic, what did they do, right they morph they thought about ways that they could grow uber eats. they brought post mates and created additional operational efficiencies you want to be in companies that can morph and shift as it relates to the difference of what we're seeing in economies they made investments in markets. look at what they did in china. >> uber is a name regardless of what's happening around the legal woes in the united states they figured out how to become a chamelion in my opinion and it's been fantastic. >> we love it. it was app individual idea the stock is up. always a pleasure to have you on have a great day and a great week thank you very much. goes quick on a busy news day. i'll see you by the way on the halftime report at noon eastern time today squawk box is next dow futures up 253 have a great one >> and house speaker nancy pelosi says a deal is still possible for another round of coronavirus

. >> coming back to life normally prepandemic, time square would have been packed.to come back. a few cars on the streets. good morning welcome back we are seeing dow futures up nasdaq futures are up about the same nasdaq giving back all they gained on wednesday. our worst week back to march 20. the height of the fear and the market selloff as well been a volatile ride as well two stocks in focus have been apple and tesla. a lot of you probably own apple or tesla as well we are seeing decent gains there. earlier in the week, tesla losing $88 a share single worst trading day for tesla. stocks up about 3.5% pre-market. not just the most important stock in the market. it is the market >> names not named with apple and tesla, nancy prial, i love that you brought us some new names. smaller cap stocks plural site, pfs. who are they >> caller: they are a really interesting company that is participating in online training for employees. they are focused on virtual learning and assessment in the it area. they work with corporations to determine what skill level their employe

unemployment rate would be if you look at the amount of jobs lost. 11 million jobs from where we were prepandemic so still sim lus is required to bring more jobs back >> that's right. i think it will be interesting to see how the fed expects that unemployment rate will evolve from here to the end of the year on the stimulus front, jay powell has been so vocal about the fiscal stimulus urging for more relief. in light of the developments from washington, we haven't seen lawmakers be able to agree how he decides to frame the fiscal side of things. whether he decides to go very hard this is the last time we'll hear from him before the election >> looking at inflation levels clearly, communication has been inflation rates are not moving for several years. considering the market and we've seen stocks move on the back of low interest rates for a long time many of key to see out until 2023 seeing what the central bank sees beyond the immediate time frame of what it looks like about covid and vaccines 2023 will be quite interesting to see what fed members think will play out that year. also in terms of t

consumption has been flat and well below prepandemic levels as many continue to work from home and schoolshowing how the next phase of recovery could take a lot longer for more insights now, we are joined by chief oil analysts always great to have you here. let's talk about whether that fuel demand has a shot of getting back to normal in the coming months. >> right now, it is very unlikely we'll get back to anything quote/unquote normal this year. vaccine or some sort of medicine that allows people to be more comfortable getting out and back to work would be critical. recruiting to work, that is down sharply over 10% year on year. showing that over 40% comes from u.s. commuting where it is a long recovery ahead. i would argue that maybe u.s. gasoline demand has peaked we will not go back to prelevels. we'll encourage some form of working not saying everybody will be home all the time but struggling with efficiency all the time >> 2020 will be remembered for a variety of reasons one of those is the historic move in oil prices towards negative prices earlier this year we are a far cry from t

year end a recovery so we are back above what we we re recovery so we are back above what we were prepandemicwn more, winners and losers, clothing sales for example, down by almost 16% there. on the other hand and this one is not going to surprise you at all, online sales, almost 50% up where we were in february, so a real change there. but if you are a retailer or if you area but if you are a retailer or if you are a policy maker in government, what you are worried about is not how much we are spending or buying, by why? take clothing for example. isn't the case we do have the funds to buy more but we are reluctant to go out or frankly don't want to buy if we can't try on. in that case there is hope for the economy. 0n there is hope for the economy. 0n the other hand, if we are not spending on the extras because we are worried about finances orjob, we may need more support. that means the chancellor look closely uart shopping bills a#40e6d the budget to work out whether he needs to give us that little bit extra. thank you. thank you. the royal mint says it's not planning to make any new two

may put a break on the up swing in the current period, it will take time for output to return to prepandemic levels underlying inflation on target but the appreciation since march will be moderate low interest rates attributed to speeding up more normal output and reduces a risk of unemployment being entrenched. so clearly the unemployment a key concern. considerable uncertainty surrounding the outlook suggest keeping the rate on hold until there are clear signs the conditions are normalizing you can see the euro are trading this morning up by 0.7% to around the 11 mark the bank is not the only central bank in focus, the swiss central bank has maintained its key policy rate. willing to intervene more strongly in the foreign exchange as the frank continues to be highly valued. >> turkey's central bank keeping rates unchanged. lowered rates to the current 8.25% to prevent further devaluation. the policy has worked to boost exports and soften the economic fallout of the pandemic. >>> let's look at u.s. futures after yesterday's brutal selloff. the s&p dropped 2.4% with 94% of stocks moving lowe

confidence that the vaccine could be ready by the end of the year and adding that returning to prepandemic terms may not happen until the end of 2021. >> i believe that we will have a vaccine available by the end of this year, beginning of next year. prr but by the time you mobilize the distribution of vaccinations and you get the majority or more of the population vaccinated and protected, that's not likely to happen until the midor end of 2021. >> the man leading the national charge of heading the vaccine also points to december as a more likely timeline. >> you have been very careful, as i've seen in your other interviews too, steer clear of politics. you said this process will not be interfered with politically and said it's possible but unlikely this vaccine will be available before election day, because that's what the president has said. is that still your position? >> if we can make them advance prior to the election day, we will. if we can after the election day we will. it's totally irrelevant. it's more laikely it happens in november and even more likely in december. >> let's br

as far as owning it, listen, of course you should own it prepandemic was interesting.y were taking 50 cents of every dollar in the e commerce space. they are doing a great job their cost have gone up. what have we seen in the last month? a lot of retailers were forced to get better at e commerce and the upside is in e commerce. we saw it in target, walmart, best buy and dick's. i think they might have more competition. they were literally running away with it seven months ago and they may face stiffer competition as it relates to these other retailers, bricks and mortar retail ilershaving to figure it out. >> let's get to shopify open 170% year over date and we have a viewer wondering about the long-term trajectory. >> hi, i'm frank from new york i'm calling about the stock shopify. i really like the stock. i love the business model. i love the fact that it caters to e merchants of all sizes. my question is i entered the stock at 1050. does this stock have more room to run should i add to my position, or should i hold and maybe wait for a pull back? thank you very much

i was prepandemic too. >> #truth. >>> just ahead the latest on those fires still burning across hey,my twitter is blowing up! dear jack box, bring back the spicy chicken strips, still waiting for the spicy chicken strips, so many about spicy chicken strips. wow, i hear you. so i'm bringing back my juicy 100% all-white meat spicy chicken strips combo for only $5.99! i felt gross. it was kind of a shock after i started cosentyx. four years clear. real people with psoriasis look and feel better with cosentyx. don't use if you're allergic to cosentyx. before starting, get checked for tuberculosis. an increased risk of infections and lowered ability to fight them may occur. tell your doctor about an infection or symptoms, if your inflammatory bowel disease symptoms develop or worsen, or if you've had a vaccine or plan to. serious allergic reactions may occur. learn more at cosentyx.com. is it the juicy 100% all-white meat? or because you can spice them up or cool them down? or because a little birdie told me you wanted them back really bad... get my spicy chicken strips combo for only $5.

we know the airline industry is preparing for half of the prepandemic size. >> i raise it because the trump administration has made it seem like there's going to be a bounce back. >> a super v recovery. that is a branding and pr tactic, that's not reality. >> thank you for that fact check. >>> joe biden's message of healing gets put to the test today. the former vp visits kenosha, the wisconsin city where the police department shot jacob blake seven times in the back. biden and his wife, dr. jill biden, will host a community meeting and sit down with blake's father and other family members two days after president trump visited kenosha over the objections of local leaders. >> i believe the vast majority of the community at large as well as law enforcement want to straighten things out, not inflame things. but this president keeps throwing gasoline on the fire every place he goes. >> in an exclusive interview with cnn, attorney general bill barr defended the actions of police insisting the shooting of black americans is not racially motivated. >> i don't think there are two justice sys

social media reveals a party that is almost prepandemic. a lot of people are dancing and only a few face coverings on revelers. this was the week of burning man that was scrubbed this year because of the coronavirus. mayor london breed called out the partiers on saturday night. last night, 1,000 people crowded on ocean beach to celebrate burning man. this was reckless and selfish. you're not celebrating. you're putting people's lives at risk. you're putting progress at risk. no one is immune from spreading the virus. san francisco has been making progress, getting off of the covid watchlist the last couple months. some residents are complaining about what they say is a lack of enforcement of covid rules on san francisco beaches for months. mary mcnamara says she has been telling city hall about crowds here since memorial day. >> they knew something like this was going to happen. they knew it. there's been no communication. they're ignoring the problem. so, this is what we ended up with last night. >> reporter: mayor breed is warning anyone

as for when the airlines expect to see travel back up to those prepandemic levels, united and the otherlines don't expect to see that until there's a vaccine that is not only developed but also widely available. >> neil: thank you, grady trimble following all things airlines. by now, you might have seen this video of nancy pelosi at a sal salon. apparently, she is now clarified what happened. she says it was a set up. after this. for the past 25 years, masimo has been monitoring patients in hospitals around the world so that doctors and nurses can make sure you feel safe. as new challenges have arisen, we've grown to bring that same safety and support to the place that you want to be most. together. masimo. together in hospital. together at home. i had moderate-to-severes rheumatoid arthritis. i've always been the ringleader had a zest for life. flash forward, then ra kept me from the important things. and what my doctor said surprised me. she said my joint pain could mean permanent joint damage. and enbrel helps relieve joint pain, and helps stop that joint damage. ask about enbrel so

florida and indiana are almost back to prepandemic levels, so the president wanted to make sure people knew that and not necessarily go on and on about his taxes. what he paid and when, to whom and why, and where that will go. no doubt an issue for the debate tomorrow. welcome, everyone. i'm neil cavuto, and this is "your world." first, some signs of progress in this country has a number of cases continues to decline, and the worrisome positivity rate, despite some spikes in the midwest, have gone down precipitously if you know, there some states where it has now gotten up to worrisome levels. we are going to detail that in just a second. going down to kristin fisher in the rose garden where the president is just wrapping up. >> hey, neil, president trump just announced a big expansion of coronavirus testing. 150 million rapid point-of-care test from abbott, and i want to break this down a little bit further for you because the biggest headline here is that 100 million of these tests are going to be sent straight to governors, which they are then going to distribute your schools, and t

given the prepandemic economy, it seems at least so far, shannon, that it's a good bet that most hispanicoters in some states like florida, for example, are betting on a trump economic resurgence again if he's re-elected. shannon? >> shannon: all right. kevin corke. thank you so much. >> you're welcome. >> shannon: still a man hunt is on tonight in los angeles and beyond for the gunman that tried to murder two sheriff deputies in a saturday evening ambush. protesters at the hospital where the two were taken putting america's deep divisions on full display. the l.a. county sheriff talking to sean hannity earlier this evening. >> they're still in intensive care. unfortunately it's going to take awhile to have a -- the rehabilitation, the recovery process and gainful cross of their extremities. we're just going to continue to pray for them, support them and hopefully they'll make that complete recovery. >> shannon: from fox 11 in los angeles, we're live in l.a. tonight in lynnwood, california. good evening, bill. >> good evening. we're in front of the hot where both deputies are being treate

how long do you think it will take to recover back to the growth rate prepandemic for dow and the end markets that you're seeing >> i think around the consumer markets, the end of of this year, beginning of next year we're going to see year over year growth. i think in durable goods and construction we may see improvements into next year. automobiles to get back to the levels that we were at in 2019, 2018 h that might be two to three years down the road. and we got to prepare ourselves for a shift that's going to happen, i think. and that's one of the reasons we launched our new e-mobility platform is get ourselves ready for this coming shift. and i think as you go through these changes, you always see a little bit of a step change in the direction that the automobile production is going >> jim fitterling, thank you for coming in to update the business on the announcements of restructuring and divestment the dow was down over 300 points, 384. it's now down over 150 after the break, moderna's ceo gives clues about a vaccine time line and update on the snowfall on wall street snowfall o

two million prepandemic.do get another round of stimulus, that will fall off of a cliff in my opinion. charles: all right. it has been coming down pretty quickly recently. to your point, let's keep that going. michael, thank you very much. i do have breaking news related to the subject out of chicago where the mayor is loosening restrictions for bars, restaurants, even gyms starting thursday. indoor capacity will be at 40% from 25%. bars that don't serve food than reopen and serve alcohol until 1:00 a.m. fitness classes can be up to 15 people. personal services like facials and shaves can also resume. this comes days after florida's governor ron desantis reopened the entire state, including 100% capacity for restaurants and remove of mask fines. so starting to spread and wall street loves it. >>> president trump to provide the nation with an update on covid-19 testing strategy. that will happen less than an hour. we have dr. nicole saphier next. she will give us a preview what we expect to hear. we'll be righ

as you mentioned, more than double, 125% up, distribution since the pandemic hit compared to the prepandemic period. we're looking for any resources we can get. volunteers is a big part of it, too. that's going well. we've had a lot of volunteers come through and help us. >> michael, thank you so much. good luck today. we know you have another big push. again, this is expected to continue -- started about a half hour from now and will continue for the next few hours, again, feeding some 1,800 people that will drive through in their cars because of the pandemic, very efficient, very safe, very quick and able to get food to their families. chris, back to you. >> i covered the l.a. food bank when i was in the bureau. fantastic organization. wow, 90 million pounds of food, extraordinary. steve patterson, thank you for bringing us that story. >>> we have a startling warning for americans from the congressional budget office. for the first time since world war ii, the country's debt will nearly equal or potentially exceed the size of the entire u.s. economy, ballooning up to 98% of the country's g

we've rapidly increased the amount of n95 on hand, on track to have ten times more than prepandemic levels by the fall. significantly he surged at the number of gallons on hand, 27 million. and a tremendous level of ventilators on hand at 109,000 and will have 50,000 war, the contracts we've made have enabled these numbers, not even getting into therapeutic like brendremdesivir. >> the strategy for the pandemic has been called dangerous by some experts, i'm wondering if president trump's formed an opinion on the concept and if he thinks that is an achievable goal. >> the herd immunity theory was something made up in the minds of the media, that was never something that was ever considered here at the white house. what we've done is raced to get a safe and effective vaccine in record time, get it by the end of the year. abel far outpaced ebola which took 14 months, this will be the fastest vaccine ever for a novel pathogen. we talk about therapeutics, we've identified more than 270 clinical trials, 570 in planning stages, that's what we do here at the white house. the herd immunity theory w

the housing market has nearly returned to prepandemic levels fueled by strong housing starts and existingome sales in july. leisure and hospitality firms among the business hardest hit by the pandemic hired 592,000 workers in july, indicating confidence in the economy reopening. while we continue to see signs of a strong economic recovery, we are sensitive to the fact there is more work to be done and certain areas of the economy require additional relief. when it became clear that previous negotiations were not moving forward, the president took executive action to provide critical relief to americans through lost wage assistance and other important items. we will continue to work with the senate and house on a bipartisan basis for phase 4 relief package. i believe a bipartisan agreement still should be reached and would provide substantial funds for schools, testing, vaccines, ppp for small businesses, continued enhanced unemployment benefits, child care, nutrition, agriculture and the u.s. postal service, along with liability protection for universities, schools and business. we have r

have employees here ready to go the towels the sanitizers so every time you should be doing this prepandemic but cenlst-pandemic that every time you finish with piece of equipment. you that nobody catches covid-19 yeah. it will certainly different. at least people not to work out there, but that's okay. >>the crazy thing is yeah their life and it down to stop covid but they need to wipe it down just because of the ash my car is covered daily a national can imagine you know there's going to be ash all over the equipment so we're. >>you know it's a funny thank goodness for the mask police are not breathing it in protection from covid-19 but now it is like a filter for the ash yeah, it's and you gotta love working out the coming down here look at the sky daria. is like sunset when he should be sunrise so what of course i think people who love working out like like surfers. they don't care and use like you said this not like they're doing aerobics treadmill stuff all right so i guess you know you're not inas you just kind of lift to get out help pretty severely just by doing weights when you're

while it is below a million, the number is still considered startlingly high compared to prepandemicchecking the tech sector. the nasdaq is the belle of the ball. that major average rallying triple digits as williams. investors had been hiding out in the sector considering it relatively buffered from the pandemic. let me give you a check of two a. names for you. amazon trading higher and trading up 1.8%. apple also showing some gains this morning. as well. up $1.49. one veteran trader says the market is waiting for some kind of big news to move it even further. michelle? >> all right, diane king hall of cbsmoneywatch.com. thank you. >>> developing this morning, even the 49ers aren't immune to the pandemic's economic toll. the team is asking santa clara for a rent reduction. the city says the niners failed to pay last month's rent and nearly $3 million. and they only plan to pay half a million this month. in the letter to the city the niners say they had to cancel two preseason games and health order don't allow gatherings. they want the rent reduced by 20%. the 49ers said september r

confidence that the vaccine could be ready by the end of the year and adding that returning to prepandemicpen until the end of 2021. >> i believe that we will have a vaccine available by the end of this year, beginning of next year. prr but by the time you mobilize the distribution of vaccinations and you get the majority or more of the population vaccinated and protected, that's not

. >>> well, if you're still having a tough time finding paper towels, not to mention the prepandemic prices it turns out you are in the alone. analysts say many people are hoarding and manufacturers are having a hard time trying to actually just keep up with demand. customers say they're not always able to find the most popular brands. some of the shortage they say has to do with the tight supply of raw materials. >> trending for you this morning a little style to protect you from the coronavirus. louis vuitton has a luxury face shield featuring golden studs and when the visor is up it can be worn as a cap as well. now there's no word yet on the exact price but, get this, reports say that it could set you back nearly $1,000. but you know what, you don't have to pay that much for protection. take a look here. all these beautiful masks, the silkiness that contour to the face and, yes, they're all under $1,000. we can get one to you -- no. >> marcus -- hey, marcus -- >> what's that, mike? >> what was the name again? >> louis vuitton. >> oh, i have larry vuitton. >> not the same. mine is

you can also go into restaurants also limited capacity, it's not like what we saw before prepandemic i've been to the malls in certain areas, they will still keep you outside just to make sure the individual stores are not full of people so you don't be surprised there's a line and then for every 2 people that walk out you and your family can walk in but the bottom line is james darya we're one step closer to getting back to normal or should i say a new normal we'll talk to people this morning. i like going to the mall. always the food court we talked >>it's exercise i enjoy because i know there's a food court at the end chase. there's a and express a and expressed absolutely all right time now is 5.10 new this morning. there is some big news in the race to find a vaccine for coronavirus in fact johnson johnson beginning a huge. >>final study on a single dose covid-19 vaccine. so the study started this morning it will be one of the world's largest coronavirus vaccine study so far. the company is testing the shot in 60,000 volunteers. it's a huge. group here in the u.s. and across the

international flights at sfo and now we're up to 19 while the airport remains far short of the prepandemic average of 75,000 daily passengers yakel says the number of travelers going through tsa checkpoints is trending in the right direction in april we saw days where we were even having 2000 people a day going through our security checkpoints now that number is up to 12 to 13,000 per day if you have not been inside of the airport or boarded a plane in 2020, here's what you need to know number one you should expect that you're going to have to wear a face mask or facial covering at all times when you're in the airport. the other thing that passengers should expect is physical distancing and then obviously here hygiene and sanitation is a huge part of our airport experience right now we've installed hundreds of hand sanitizers throughout all of our terminals sfo officials say the reopening of international concourse a is an encouraging sign of the return of airline confidence here in the bay area. >>has he would you crowd for you. >>and tonight we are tracking the 18 wildfires which make up

international flights at sfo and now we're up to 19 while the airport remains far short of the prepandemic average of 75,000 daily passengers yakel says the number of travelers going through tsa checkpoints is trending in the right direction in april we saw days where we were even having 2000 people a day going through our security checkpoints now that number is up to 12 to 13,000 per day if you have not been inside of the airport or boarded a plane in 2020, here's what you need to know number one you should expect that you're going to have to wear a face mask or facial covering at all times when you're in the airport. the other thing that passengers should expect is physical distancing and then obviously here hygiene and sanitation is a huge part of our airport experience right now we've installed hundreds of hand sanitizers throughout all of our terminals sfo officials say the reopening of international concourse a is an encouraging sign of the return of airline confidence here in the bay area. >>has he would you crowd for you. >>coming up service restoration a welcome sight for boulder

thanks a lot rob, and it's 5.50 in national news, the usda is bringing back a prepandemic rule that couldt millions of families relying on food stamps at risk, washington dc dent raquel explains. >>it's quite alarming, especially for households with children assistance experts like dottie rosenbalm to the u.s. department of ture should not reinstate prdesn federal food stamp prograwhile a little bit better since the beginning of the pandemic we're nowhere near back to normal starting this month, the millions of families will give have to r food prove their income is low enough to keep benefit. there's a real risk that they will lose food assistance when they're put through this process of having to re prove their eligibility theprocess requires extra paperwork and at times interviews usda waived the step back in march to help states process a wave of new snap pl we have folks ve never before needed to help and need it now michigan democratic senator debbie stabenow says it's too soon to return to business as usual we need to have additional support to snap th a once a lifetime pandemic we

and the app you can tap into the tool that sounds like a great experience with we launched this prepandemici'll tell you i'll really glad we're investing in digital. this uses a combination of a.r. and a.i. to make personalized recommendations and there you go. >> it's funny. i have to wear as mask everywhere and i'm proud of that i have the same skin i had when i was 14 i have pimples i have different two tone and the skin analysis did do everything and i want to tell you that this is what we all need millions of people wearing masks and you're afraid to go to a store. i thought this was better than a real person talking to me. i'm sorry, that's how i felt. >> there is no substitute for the real human experience, as well i'm really happy you tried to skin analysis tool this is about the future of retail for ulta is the center for the physical, emotional you sound emotional with what you described. >> i know when the stores open, you have people that are passionate and they do need people who can guide them because makeup is not inexpensive and you have to look your best. do you find there