Crown the world from all around the world. Our bloomberg voices are on the ground with all this mornings top stories. We begin in china, where the government signals a cash injection is on the way to ensure a strong start in 2020. At a meeting in china, the premier said the resiliency is continuing. The chinese economy is resilient. The Chinese Market is huge. We are determined to open up further. We will reach a winwin relationship with other countries, especially with our neighbors. Alix joining me on the phone is sharon chen, the beijing bureau chief. What have we learned from his speech . Give us a backup of the bilateral meeting. Sharon it basically signaled there are going to be product cuts with the amount of cash the banks have to keep as a reserve. Lending to the private sector is a huge part of the economy that china needs to shore up. It accounts for nine out of 10 jobs every year, and it comes after china already promised wideranging set of initiatives that will boost the n
Is San Francisco one of them . San francisco is not but it did not need that much of a drop but concord and livermore who were sitting in the 100s are coming down 15 and San Francisco still have good news, cooler today as well but this is a live view from the camera back out over the bay bridge, 60 on the other side of the bridge in oakland, 59 San Francisco and 61 san jose San Francisco will go to 67 today and to be specific that is a 50 temperature drop from yesterday for the city, officially we made it up to 72 yesterday look inland, 87 and that is where we will see the 15 debris differences i will show you the specifics coming up in the complete forecast coming up and i will call out your part of the bay area and give you a specific number or how much cooler you will be today than yesterday. Cooler on sunday but another round of heat is coming back by mid to late week for this upcoming week. I will have all of that and the complete forecast in a few minutes, guys back over to you.
In china. Stocks declined. Can the fed decision tonight we light the fire . Claimsparibas secondquarter income gains, while Credit Suisse outperforms. Tidjane every quarter has been really mixed. First quarter was. Good, Second Quarter started negatively, then we had strong growth. June was the best month in 42 months, so it was very contrasting. Anna and apple gains in late it. Ing after advancing can push u. S. Stocks to another record . Matt, good morning . Matt good morning. We are less than a half hour away from the start of european trading. Look at the offshore yuan, this is a threeday chart, we had a jump three sessions ago but had started losing some ground. This basically means that the yuan was getting stronger as it comes down because the dollar is priced in yuan. After the trade talks ended, we have gone straight back up to 6. 9. The concern is that the more pressure on china in terms of trade, the looser they will be in terms of the band around their currency, and they co
heroism during an indiana walmart shooting. in maryland, a churchyard is cleaned up revealing a connection to america s original sin. an update from actor jeremy renner, what he s revealig about the extent of his injuries after being run over by a snowplow. and later, landmark mission, after decades towering over an alabama welcome center, this rocket faces a final countdown. and i hate to see it going. announcer: this is the cbs weekend news from chicago with adriana diaz. there is breaking news about president biden s handling of classified documents. tonight the president s lawyers say six more documents with classification markings have been found after the fbi was given full access to mr. biden s wilmington, delaware, home. their search friday lasted nearly 13 hours. the biden were not present. authorities also took possession of other material and handwritten notes. a special counsel has been appointed to investigate. now to the renewed battle over abort
reporter: mary says that call was from her dawe wughter who s there was shooting after friday night s basketball game against a rival. kept her on the phone whole time. don t hang up. at the side, back of the school. let s stick together. reporter: police say the game was letting out from the school gym a large group of teens started fighting in the parking lot when shots were fired. a 16-year-old boy, a a a a student, shot three times and taken to the hospital. i heard about it, sad discovering it happened especially at our school. reporter: this student and his cousin reacted to the news rnlgt. sad guns can come into the school. we pray for the people injured. reporter: the soccer coach worries about student safety. these kids are our future. we ve got to find a way to keep them safe and protected. rep a motive for the fight is still unknown. for now, this parent is keeping her daughter home. not aloud to go night games. it s sad. reporter: so far no