Here is your inflation headline. Prices of the consumer level went up 3. 2 , that means inflation is picking up after a long period of decline. Investors were expecting a bigger number so the market is taking it rather well. Inflation the way, up in ame america, in china its deflation, prices down. Lucas dextran a strong prefer the numbers were released and Even Stronger no. The doubt up maybe 200 points, s p 33, nasdaq up 160 points. Then disney lost 512 million and its streaming business, 11 million subscribers lost. Stock is up because its raising prices and disney 10. 99 to 13. 99. Stock is up dollar 81. Treasury yields from a ten year was up 4 before Inflation Numbers, now its come down to 3. 98. To you around 484 inflation and now its down to 476. Politics, President Biden . Peter doocy denies talking business with his son, hunter. I knew youd have a lousy question, he said. A harvard law professor writing in the New York Times the prosecution of them may have terrible consequenc
To rise following those devastating wildfires. Maui. And it could take years to recover from them. But first, an official air quality warning for the bay area as we go live near the port of oakland after a fire tearing through a recycling yard. From the bay station. Youre watching kron. And news. Thank you for joining us here on kron. 4 news at noon. Im justine waldman, heavy smoke visible in oakland after a large pile of scrap metal caused a fire near the citys port. That smoke could be smelled all across the east bay. Well go live now to kron fours Charles Clifford. Hes on the scene or near the scene for us. As theres now an official air quality warning for the bay area. Charles. Right now im in alameda. If you look behind me here across the oakland estuary across the water that big black crane over there, this fire was burning just beneath that. It looks we cant see any smoke at the moment. Were just a little it looks like they may have a mostly under control is going to take a look
Clear side right now. Your view outside at the bay bridge, at least you have decent visibility making your crossing. But we are definitely looking at some misty spots out there and some lower visibility from the north bay down the coastline on the peninsula, even into some of the east bay hills. So watch for those spots of missed wet spots, low visibility. The deal that you see on those cloudy or greater mornings for sure, at least temperatures are nice and comfortable 50s 60s light jacket stuff. Just as weve seen the past few mornings and this afternoon, were also going to repeat a few factors that is clearing skies and a really comfortable feel for a bayshore cities in the 70s warm but not as hot as youre about to get for inland areas. Im talking this warm up as we go rain. All right, john, thank you for that. Lets get you moving on a thursday morning. Meteor lights are on at the bay bridge toll plaza. So leveled minutes. So were still pretty light. San mateo bridge. Were already sta
Not enough he vows to help hawaii rebuild from catastrophic flames. How california is now lending an effort to stop the fires. Plus. I time ago was on front street the it . Stories of survival and tragedy this afternoon as thousands of people are still racing to evacuate the islands where history has also burned to the ground since 2018, shooting 13 notice of violation. Just answer steel. And demanding answers after a fire erupted at an oakland steel plant choking our skies with potentially toxic smoke. What were learning about the sites history of alleged violations. Now from the areas local news station. This is kron. 4 news at 3. Thank you so much for joining us here on kron. 4 news at just involvement and we will start with the thousands of people who are trying to evacuate maui right now as Deadly Wildfires continue to burn across the island. And as that smoke clears in some areas, the damage left behind by this fire can finally be assessed and that damage is significant with the
Fires are breaking out, had to leave. Talk more about that. Yeah, thats a big story. Weve been live at sfo and were looking whether there was a way thankfully its calm down. So much history that was so hard to see. And now the devastation coming yeah, yeah. Here in the bay area were much calmer, obviously we are in for a warmup these next few days, though, you can see outside this morning. We do have mount tam looking down into that lincoln of cloud cover thats still sitting right there above the areas like berkeley and San Francisco. Visibility has improved a whole lot, though. Now current temperatures are in the 50s and san mateo as seth areas that are hanging on to some of clouds. Well, elsewhere, it 60s and 70s at this point and are all the sunshine later on today. Similar to yesterday. Were holding on to the seasonable warmth in the 60s, 70s 80s. Ive got all the details of your forecast as we go during james. Thank you and 10. 0, 1, lets get to the breaking news and out of maui. A