Thursday. Whole lot of traffic traveling into the city, but were down from 23 minutes. The 17 thankfully, no accidents or hazards there. 22 min write him a t over jt to 101. Richmond, sandra fell bridge at 11 minutes. So much lighter. Were going down there. The Golden Gate Bridge about 26 minutes there and some of your highways, a whole lot of red and orange. 63 minutes along 85 up to menlo park. All right. James, back to you. Thanks. A lot of and now we want to give you the latest on our top story, which we covered all morning yesterday with that standoff in san jose. We have. Someone behind bars now after a San Jose Police officer was shot responding to a family disturbance and then all of a sudden chaos broke out. We brought it to you live as breaking news yesterday morning. This morning, though, were learning more about the man arrested and the condition of that officer. And thats why we want to continue our Team Coverage and get the very latest from will tran. And michael thomas,
of a debt ceiling deal in washingtonjust yet of a debt ceiling deal in washington just yet anyway. this is after us presidentjoe biden met with top republican kevin mccarthy earlier today. both men said talks were reproductive and repeated their stance that a default is off the table. to avoid that, they will have to work out an agreement within the next ten days. even before president biden met with house speaker kevin mccarthy, negotiators were once again around the table, trying to strike a deal to avoid a default. sources say the white house is now offering to keep spending flat from this year to next, while republicans, they say they want to increase defence spending while cutting everything else by up while cutting everything else by up to 22%. treasury secretary confirmed over the weekend that during the first is the hard deadline when the government can no longer pay its bills. the deadline for a deal may actually be sooner, in orderfor it to deal may actually be soon
joe biden met with kevin mccarthy earlier today. both men said talks were productive and repeated the stance that the default is off the table. to avoid that, though, they will have to work out an agreement with the next ten days. negotiators have been trying to strike a deal to avail the default. sources say the white house is offering. both men said talks were reproductive and repeated their stance that a default is off the table. to avoid that, they will have to work out an agreement within the next ten days. even before president biden met with house speaker kevin mccarthy, negotiators were once again around the table, trying to strike a deal to avoid a default. sources say the white house is now offering to keep spending flat from this year to next, while republicans, they say they want to increase defence spending while cutting everything else by up to 22%. treasury secretary confirmed over the weekend that during the first is the hard deadline when the government can n
to go above 30,000. japan has just released growth figures. asia s second biggest economy grew 1.6% on annualised rate, much better than what had been predicted. i spoke to neil newman from macquarie capital. we have been closely watching wage growth, the wage number, which hasn t really filtered through into anything visible as yet. the gdp number certainly does indicate there is a large amount of the domestic economy now contributing to this. as you mentioned cap ex, business spending was up 0.9 on the annual basis, way ahead of expectations. but even private consumption was also up, 0.6% against the market consensus of 0.4. even though it appears the wage number we have been looking at, the last numbers were in march, they were not that impressive, in fact they were quite depressing. the next key one will be injune, april s numbers, and that s when we will start to see the increase in overall wages. of course it s notjust the wage number that contributes to all of this, it
that no agreement has been reached. both men had met earlier this morning and before the talk said sounded a note of optimism. they have just ten days left to reach a deal to increase the government borrowing limit or trigger a default. from new york. even before president default. from new york. even before president biden - default. from new york. even before president biden with i before president biden with house speaker kevin mccarthy negotiations were once again around the table trying to strike a deal to avoid a default. sources say the white house is now offering to keep spending flat from this year to next. while republicans, they say they want to increase defence spending while cutting everything else by up to 22%. treasury secretary janet yellen confirmed over the weekend that june one is the hard deadline when the government can no longer pay its bills. and the deadline for a deal may actually be sooner in order for it to pass the house and senate in time. there