San jose, 103 santa rosa, low to mid 90s around the bay as well. Because of this heat, san jose is opening cooling centers for today. Those will be open starting at 11 00 and the library in san jose will be open starting at 1 00 p. M. Today just to give people some relief from the heat. Were also talking about that dangerous fire weather conditions with the red flag warning that will in effect for north bay mountains. It does include the glass fire as well as east bay hills diablo range and Santa Cruz Mountains. We will see winds kick up and lower relative humidity values, critical fire weather conditions today into tomorrow. Lets check in on the latest on road closures due to the glass fire. Its a laundry list of closures on surface streets. I will stick with highways such as 128, 29, highway 12, some of the larger thorough fairs that remain shut down. These areas will be closed until further notice. East and west bound, highway 12 from mount hawk way to trinity road, north and south
As the original aid package and agreement expires. There is talk of the stimulus plan, the environment for them does not look good. Well go live to a number of national airports. Linear air, big in the private arena. They have and all tern tiff for you. They say business is booming. President will be out to new jersey, a fundraising event at his club. He will be whisked back to the white house. Republicans and democrats are pulling out all stops to raise as much money as they possibly can. Back to the stimulus measure. What we can make of it as it comes to pass, not that long ago, a lot of people were worried about the government shutting down and wouldnt come together in an agreement to keep government lights on. At the last minute they cobbled together something. The president signed off on late last night. There is no government shutdown. For the naysayers out there, assuming all the worse when it comes to stimulus, maybe not. Chad what are you hearing . Reporter let me be very clea
Required by the regulation accompanying House Resolution 965 which establish the framework over the proceedings. First, i would ask all members on the webex platform to keep them so the muted when they [inaudible] this will minimize disturbances while members asking questions of our witnesses. Members on webex platform are responsible for muting and unmuting themselves. I suppose you just heard that. The staff is been instructed not to meet members except when a member is not being recognized and there is inadvertent background noise. Members on webex platform are reminded that they may only attend one remote viewing at a time. So if youre participating today, please remain with us during the hearing. Members should try to avoid coming in at out of the meeting particularly during the question treatment. If members wish to recognize the chair recommends members identify themselves. I would also ask members to be patient as the chair proceeds given the nature of the Online Platform of th
Underperformed. Joe i thought the fed would have to cut again. [laughter] japans u. S. Treasury holdings falling 28. 9 billion, the latest number here. 1. 15l by 28. 9 dollars to trillion. This is according to the treasury department. Nonetheless, japan remains on top as the biggest holder of u. S. Treasuries. Caroline lets dive deeper into our market reporters. At the close, what were you watching . Luke scarlet had a good reference with treasuries in the past. Lets look at treasuries in the future. We have a chart showing the 10 year yield in the one year forward yield. The difference between them on the bottom panel here. But we have got here is that throughout the course of the year, people became very much doubting around the time of the first rate cut and the time that the u. S. Dollar offshore yuan broke seven. A strong move downwards in the yellow line and purple line. That is when people started to think we are in for a global recession, world is over. Since then, you see thos
U. S. Taxpayers million was routedded in syria in its First Contact with the enemy. Both the cost and the stakes are high. The Obama Administration is depending on u. S. Trained syrians and iraqis to roll back the Islamic Extremist Group isis, which has dismembered both countries despite daily u. S. Air strikes. One pentagon official described the defeat as the u. S. Trained troops as a friggin mess. Heres david martin. Reporter this video purporting to show u. S. Trained fighters captured in syria could not be independently verified but theres no doubt the pentagons first attempt to insert fighters into syria met with what one official called abject failure. Nearly half the force was either killed, captured or missing. And they never even came in contact with isis. Officially called the new syrian force, first contingent of 54 fighters was trained by the u. S. Military at a base in turkey and sent across the border into northern syria. [explosion] but instead of fighting isis, they un