We had frank, who works here, drove across the bay bridge this morning. He says its no joke ro to the south bay. Here you can see traffic is moving along okay, but there is some slowing remind you, if youre going to the caldecott, they cleared a crash inside the tunnel. Things are still recovering there at as you drive from orinda into oakland. 7 0p. Lets go back to the headlines, sal. Thank you. Oakland Police Officers areuwarning robbers target people who were sitting in the drivers seat of their car. Ctvs james torres ue say we all need to know to help stay safe. James garcia, Oakland Police putting out a warning this morning letting you know that theyre hearing more reports of Something Like this happening. They say when youre behind the wheel, say youre stopped at a stop sign or at a red light. Here, they say that those criminals will comec to your passenger side seat, smash the window, then take whatever they can from inside. And by the time you realize its happening, you dongt r
September, and if you havent paid attention tesla shares are down 10 this week alone only two trading days. If they had gotten ai from oh. Well talk about that, a war of words, openai is firing back at elon musk. Theres 1 chance well talk about it. Publishing emails appear no show the tesla cofounder did support creating a for profit entity. Lets begin with the markets and the testimony from the fed chair today. Jim, got some news on what he will say in terms of written words. Yeah. Look, i kind of when march is off the table, i think this is, obviously, one of those, i want to get a little more expansive and getting tired of the game of what month instead, what i see is a man who said listen, were not going to have a hard landing or soft landing. Were fine if it gets weaker well cut. Its kind of a Great Central bank essay about what you need to do in order to be able to get out of an inflationary period. David, i think hes becoming more of a, lets just say a true statesman how far to
Markets. Expecting nikki haley in south carolina, Jerome Powell in washington, d. C. We have the s p 500 up about one half of 1 . And the nasdaq 100 also seeing similar gains of stocks. The Philadelphia Semiconductor index on track to erase the losses from yesterday and we have the twoyear yield just dropping down to 453 on the day. Now, were going to bring you the jolt state joined by Michael Mckee to join with us the details. Michael looks like shanoly, it is unchanged. The revised number was 8889. Not a drop there but it was a significant from over 9 million. No change there. Sonali as we wait for Jerome Powell to start his. , what is his expectation out of not just what he will say on the onset what types of questions he may get . Michael hes already given up his text. Its very short and he repeats the idea that theyre high rate and they will cut rates. They hope some time this year. But they have to make sure that inflation is still on its way down. So nothing new in that. The que
Can do is send thoughts and prayers than it is time the big is to be the change that we need to see. After a Super Saturday for team gb at the Winter Olympics, well hear from all three medallists live on todays breakfast. And britain came very close to another medal at the Winter Olympics this morning. James woods has just missed out on bronze in the slopestyle skiing in pyeongchang. The sheffield skier finished in fourth place. And sarah has the weather. That morning. A mild and mainly cloudy day out there. The best of the sunshine is towards the east. Some rain in the west. I will bring you your full forecast in around 15 minutes. Good morning. First, our main story. The husband of murdered mpjo cox has resigned from two charities he set up in her memory after allegations of Sexual Harassment were published in the mail on sunday. Mr cox denies assaulting a woman at Harvard University in 2015, but admits to inappropriate behaviour while working for save the children. Our Political Cor
Dudley says they are hoping the tightening wouldnt imperil the economy. Now that terms of the discourse before divorce before any future trade deal. Can london regain the initiative . And four individuals from fraud. S charged with matt very interesting story there, considering individuals have been charged as well as barclays. Interesting also to look at the march, the equities march the continues around the globe. Andu. S. Is at record highs now you see futures up in europe, even nasdaq futures up. Gains as far as equities are concerned. Take a look at the bund trade sold off. Yields being pushed up a little here. Because we only two significant digits there. I go a little further. 0. 795. I always go four. Guy always the extra mile. Lets talk about what else we could see on the gmm. Kiwi is bid, krone bid, dollar bloomberg dollar index is about. 1 up. Look at what is happening around eurodollar. What is happening around this queue surrounding trade. Interesting to see how the market