And, folks, a key part of the estate tax, controversial tax to begin with, being almost totally ignored. Is the irs about to strike back . Well tell you about that one. We certainly will. We start with fed chair janet yellen getting grilled on capitol hill on regulating the banks and also her comments on the economy. Steve liesman, take it away with the highlights. Shes just finishing up testimony now, mandy, on the last question of the hearing that gab at 10 00 a. M. This morning that was supposed to be aboutbac banks but ended up mak news on monetary policy. Chair janet yellen told markets to wake up and get ready because december is a live possibility. What the committee has been expecting is that the economy will continue to grow at a pace thats sufficient to generate further improvements in the labor market and to return inflation to our 2 target over the medium term, and if the incoming information supports that expectation, then our statement indicates that december would be a l
Jazz age modernist. We thought it was important to look at Archibald Motley, given the art world, that africanamerican artists are more prominent than ever, that theyre more interested in sat fire humor and prove violation, Archibald Motley fits in with that. Rose we conclude with andrea illy, the c. E. O. Of i wilofillycaffee. The dream of the worlds best coffee is a freely challenge admission. Rose George Osborne, Richard Powell and andrea illy, when we continue. Rose funding for charlie rose has been provided by and by bloomberg, a provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Rose George Osborne is here, hes britains chancellor of exchequer. Britain is the latest country to join the u. S. Led coalition against i. S. I. S. President obama addressed the nation from the oval Office Sunday following attack in San Bernardino, california, which killed 14 people. He said
The start of this mornings commute. San mateo bridge traffic also moving at the speed limit out of hayward. Also moving well this morning from marin county into San Francisco. Headlights thats southbound traffic across the golden gate bridge. We are beginning to see a few delays just popped up in the last 10, 15 minutes out of tracy. You can see them on 20 as you Pass Mountain house. Back to you guys. Thank you. Developing at 5 00 the search is on for the person who shot and killed a man in a gas station in the east bay. Kpix 5s cate caugiran joins us live in vallejo. It appears the shooter fired multiple times hitting two people. Reporter yes, they did, frank. Vallejo Police Believe that the car that the victim was inside was targeted. Heres the scene from earlier. Several evidence markers indicate that this will be an extensive investigation. The shooting happened around 9 00 last night at this five star station on lincoln road west. Investigators say the suspect fired several shots
Meeting, it comes up again. Its going to promise to be an even livelier meeting if you want to call it that than the one last night and it is going to be the big question is whether they go with this or not. But thats the next one next tuesday. New at 6 00 the bay areas Housing Market is suddenly red hot. Prices havent risen this fast since the 1980s. It might be too good to be true. John ramos reports. Reporter the headline says, dataquick says the bay area median house price jumped 32 since a year ago. Thats the largest one year increase since the Research Service began keeping records 25 years ago. It is hot, very hot. Everything is six to 20 offers on it depending on the price point. Reporter ryan taylor is a realtor in the concordwalnut creek area. He says the escalating prices are not necessarily good news if you are looking to buy. Over and over again i have been beat out with my buyers writing offers 20 to 50,000 over asking and still not being the best offer. Reporter taylor i
Accommodation. The road map begins with the third best quarter ever for starbucks, and chairman and Ceo Howard Schultz will join us. We will break down the numbers and see what is brewing for the future. And amazons negative surprise as they have a quarterly loss loss hit by big spending at the company. And plus, we are an hour away for the arraignment of Steven Cohens sac capital and we will take you live to the courthouse when that happens. First up, starbucks up sharply, and the coffee chain says it earned 55 cents a share in the fiscal third. And same sales remained the same as the expanded menu offerings drove traffic and rose the year guidance and we will have an exclusive interview with the starbucks Ceo Howard Schultz, and jim, the metric of the day, 9 comps in the u. S. People it is hard to get your head around that. Well, these guys have 19,000 stores. I know, 19,000 stores, and glob globally they did fantastic and the operating margins up 25 income points and 13 increase in