Good morning, Carl Quintanilla is going to join us from pyeongchang in just a minute we have a big lineup of guests this hour. All right extreme market volatility continues after the dow was down more than 1,000 points yesterday. Weve been whipping around today as well. Lets bring in blackstones adviser byron wien youve seen more correction thanksgiving i have at this point. What do you see as most akin to this period were going through right now where the market is grappling with the idea perhaps higher Interest Rates and the prospect of inflation . Well, i think that that was tr triggered a week ago when the employment report came out and average Hourly Earnings jumped from 2. 5 year over year to 2. 9 and that inflates the bear, it triggered the market decline look, weve been waiting for a 10 correction for over a year now. And now were having it. Its really not a surprise the market went through all last year with a 5 correction. And now we have a 10 correction and maybe its not ove
Fire crews on the ground. This trying to increase containment, the fire is burning in three counties, napa, solano and yolo i want to bring in captain jerry fernandez. Can you compare day one today two with regard to the fire. Day one, pretty wicked for the crews, winds were pretty fast last night and we have to give a lot of credit to the firefight fighting efforts. All of the space by the residents really a contributing factor to minimal loss or damage of structures. Captain, speaking of that. That is certainly good fews. We have learned at least one outbuilding has burned. Do we foe about any other damage . There was one trailer that was damaged from the fire. We dont have that information to give you further on that, but there was one structure that has some damage to it. We have been pretty fortunate with the way the weather was moving hoping the weather cooperates with us this evening. How crucial is the air attack . We are talking about the steep terrain. You have four, 4 1 2 ho
Go getter. Whats especially tragic is not only that he was robbed of his life; this world was robbed of future goals he would have achieved. Reporter the gunman was a former reporter who had worked at the roanoke station but was fired two years ago. Vester flanagan died from a selfinflicted gunshot wound. Police say he sent a video and messages to the media. Many of you have gotten a lot of the correspondence, emails that have been sent out. Its obvious that this gentleman was disturbed in some way. Reporter in a 23page fax sent to abc news, flanagan writes, he was a powder keg in his words waiting to go boom. And the last straw was the recent racially motivated Church Shooting in south carolina. That was Pablo Sandoval reporting. Were learning more about the gunmans history in the bay area. He grew up in oakland and graduated from San Francisco state in 19959 with a degree in radio and television. He worked hear at kpix in the 90s as an intern and then production assistant. Anne makov
Another crash for the bay bridge, this is causing delays. The good news for this one, they are working to move it to the side to pick up the speed along the bay bridge. All the details coming up in a bit. Busy morning. A warning to drivers in the east bay. Check your debit or credit cards, you might have been scammed. Skimmers were found at a contra costa gas station. Bob redell is there with what you need to know to protect yourself. Reporter good morning. This fraud took place at that valero gas station behind me, 101 somersville boulevard. Its the intersection with delta fare boulevard in antioch. Antioch police discovered credit card skimmers in six gas pumps you are looking at. If you are not familiar, they are Electronic Devices that someone illegally installed behind the credit card slots. You will insert your card, pay for gas. It will seem like a normal transaction, but it wont be. That skimming device is collecting your credit card or debit card data. Cnbc reports this is a h
The funeral of the coronation street actor, liz dawn. And ben stokes will not go to australia with the rest of the ashes squad after his arrest last month. Good afternoon. Theresa may has said shes providing calm leadership as she responded to moves to oust her by grant shapps, former chairman of the conservative party. He claims up to 30 tory mps including five former cabinet ministers want to force a leadership contest that would unseat the Prime Minister. Mrs mays allies have dismissed it as a plot that is fizzling out. Our Political Correspondent leila nathoo reports from westminster. Away from westminster, an attempt to clear the air. Seemingly unphased by questions over her authority, a message to those who want her out. What i think is necessary for the country now, what the country needs is calm leadership. Thats exactly what im providing and im providing that with the full support of my cabinet. Hes been revealed as the ring leader of a plot to oust theresa may from downing st