Yesterday because as you remember yesterday morning we had the wet roads the Early Morning sprinkles this morning. None of it is Crystal Clear and dry out there and were going to stay that way all day long today. Embarcadero. Nice and still no breeze there on the flag of up here, 15 bay bridge looking nice and bright as well. There are showers to our north, but thats where theyre going to stay up along the north coast near the oregon border. So here locally, weve got the sun and all the way out to the coastline, too. Temperatures in the 50s and 60s right now. We started the morning. Pretty chilly spots like redwood city petaluma and santa rosa were down in the upper 40s. But now temperatures are climbing well into the 50s. If not 60s later on today, its going to be 70s to 80s for daytime highs of more of those numbers. Still to come rain. All right, john, thank you for that. Well, you would think that 9 oclock tlings are supposed to be much lighter. However, traffic is still pretty bus
Haidi welcomed today by garth roy im hiding stroudwatts in sydney. Annabelle im annabelle droulers. Shery im shery ahn. The top stories this hour. Treasuries excel off while equities churn as investors digest higher rates and Rising Oil Prices with the dollar extending its climate. Annabelle the largest u. S. Memory chipmaker warning of a steeper than expected loss this quarter. Shery how the new honda ce cash qantas ceo turns around mistrust after being grilled by australian lawmakers. How u. S. Futures are coming online after stocks finished the session mixed. We saw the s p 500 fluctuating between gains and losses to finish where it started. It erased some losses after President Biden touted artificial intelligence. The nasdaq 100 outperforming finishing in the green. We had at micron smiths after hours adding to technology pessimism. Look at the 10 year yield. The 460 level, the slump resuming in todays session. The 10 year yield is over one percentage point higher since midmay. We
Oversees the Financial Assistance program says that this applies only to single adults between 18 and 65 years. Old. And that right now about 5200 people are receiving the Cash Payments anywhere between 10700 per month. But at this time, people qualify for that money by self declaring that they are suffering from Substance Abuse disorder. So the mayors plan would change a few things. It would require people to be screened to prove their addiction to drugs. That process has yet to be determined and they would have to get into treatment. Mayor breed says that part too many people are refusing available help and are dying from drug overdoses. So its time for new approach. People are not accepting help. And so now its time to make sure. That were cutting off resources that continue to allow this behavior to occur with out the economy, liddy, without someone involved in a Treatment Program that could lead to a better life. So i reached out to all board supervisors to gauge their stance. Let
Down 1. 3 for the s p to 42. 82 the nasdaq the laggard down 1. 3 as you might imagine, big tech names are leading the way lower. Amazon, google and oracle seem 2 to 3 declines today more on that trade coming up. Also on the housing front, another weak number out today. New home sales down 8. 7 in august the Home Construction etf down nearly 9 just this month. Big bio tech mover to tell you about, soaring 90 immunovant. It could be an effective treatment to many auto immune diseases. As we mentioned the autoworkers strike heating up and getting more and more political. President biden, joining the picket line earlier today. And we sent two of our best there as well. Phil lebeau and Brian Sullivan phil, lets begin with you tell us where things stand reporter oh, about half hour ago the president wrapped up his trip to a gm parts and Distribution Center not far from here in bell vil,ville, michigan this is what it looked like as the president was greeted by a number of uaw members walking
Thieves used a car to break into in steal from the store in San Franciscos marina district. We have the latest on the investigation. And why San Francisco mayor london breed wants people in the city to have Substance Abuse, screening and treatment before they can collect government assistance. News station. 2. Thank you for joining us here on kron. 4 news of 2, im justine waltman and we will begin with yet another big company blaming theft and organized retail crime for its departure target announcing today it is closing several stores over safety concerns. Some of those stores are here in the bay area. Kron fours to joins us now live to breakdown this big announcements which stores are closing. There are 3 stores here in the bay area. Justine, you may recall this viral video from earlier this year. It was taken inside the target on folsom street in San Francisco showing aisles and aisles of product locked up. Behind security glass at the time. A Company Spokesperson told us the glass