News station. Youre watching kron 4 news every tear. Like the whole neighborhood with gun and claims. Now at 10 the threat of wildfires is still here a grass fire near the landmark South San Francisco sign filling the sky with smoke. The danger hitting too close to home for families which were forced to evacuate we want to have more on this in just a moment, but first tonight, the bay area as a whole is still not out of the woods when it comes to fire danger, thank you for joining us tonight at 10 im pam moore and im grant lotus in tonight for ken way we saw another day of record breaking heat here in the bay and a red flag warning that was set to expire this morning was extended for some regions until tomorrow our chief meteorologist Lawrence Karnow standing by with the latest on the fire danger tonight, lawrence yeah guys, this red flag warning now extended until 8 oclock. In the morning tomorrow morning thats because this ridge just really stubborn not breaking down very rapidly and
Sharp snapback connectivity. It is a phase four package necessary . I think it is. The economy can get by without it until the election. Will bringnistration forward fiscal stimulus plans. I think we can make it to there. It is necessary as long as we get it in the next 12 two quarters, i think the recovery will be ok. In the meantime things are a delay ing, and ongoing negotiations does not help things. I think it hurts confidence and slows down economic momentum and prevents a quicker recovery of the economy. Back and forthd among three parties. The president of the United States, the Senate Republicans come in nancy pelosi. Hard to know where we are going. How big thef packages, there is a sense of whether it needs to be targeted or general. Can we if it does not address broad state assistance . Michael i think getting anything is better than getting nothing, for sure. Even if it were targeted on specific sectors like airline and maybe Small Business, that is better than doing nothi
We are expecting a tripledigit move on the upside with the dow industrials up 231 and s p 500 higher by 19 points after technologyrun yesterday finishing near record highs. S p up 34. A probe into election bribery. Florida congressman matt gaetz wants to know if Michael Bloombergs pledge to pay fines and donations to florida is actually illegal. We will ask congressman gaetz about next steps. How the deal can get out of limbo. Then out of this world, nasas newest plan to get a man and a woman back to the moon. Mornings with maria is live right now. European markets this morning have a firmer tone. Take a look at european indices. Euro zone manufacturing, purchasing slight gains in the month of september. As you see the ftse 100 is up 143 points. Dax index in germany higher by 23. Asia markets overnight take a look and as you see here after the rally on wall street yesterday, weve got mostly a firmer tone but for the most part fractional moves across the board. Some of the stop stories
That the feds tools dont appear to be capable of reaching this the people who are out of work which is why hes asking congress to help out with passing fresh fiscal stimulus legislation. Sensually todays meeting wasnt full of surprises if anything it only demonstrated that the fed is not planning to take its foot off the monetary gas pedal is that a correct assessment. I think it is i think what we heard more than anything else today was more of the same right is not going to change the fed essentially thinks its policies are working overall but at the same time what danielle just said is so absolutely true and its really imperative to this discussion which is that ultimately what the fed is doing does not trickle down necessarily the main street its not helping people who are unemployed right now its not helping businesses businesses and Small Business owners who are struggling mostly it helps wall street mostly it helps banks thats essentially what of the Federal Reserve is doing and
Well i dont know maybe they dont mean. I will go down a great. Part. Around one. Route. This is the one business show you cant afford to miss from bridgeboro in washington coming up the Federal Reserve has spoken and now its a plan to hold rates steady as the u. S. Economy is slowly bell. Think back straight ahead we think an indepth look at the moves of the nations central bank has the future of volatility in the wake of copan 1000 remains uncertain gold has seen a spike in value as investors flee to safe haven assets but what does the future hold but well get into that with a packed show today so lets dive right in. The Federal Reserve held another policy meeting wednesday as part of an effort to determine where to go with u. S. Interest rates and what it will take to get the economy moving again overall there was some positive news as members of the Federal Reserve board upgraded their forecast for the economy to show a smaller contraction in Gross Domestic Product and a lower Unemp