Hi, jobina. Hi, mike. Good morning, everyone. Happy monday to you. Were starting off with a look at mass transit here. Ferries are running on time. B. A. R. T. , 12 trains out there now. No delays there or for ace 1. Mass transit, everything is looking good. San rafael, 101, live picture here. Smooth conditions in the area. Down in san jose, this is 87 that youre looking at right now. No problems in the area. Tracy to dublin, 48 minutes. Antioch to concord, 14 minutes. San rafael to San Francisco, 15 minutes. More cases of coronavirus are popping up in the bay area. Theres now seven confirmed cases in Santa Clara County. Three cases were announced over the weekend. One patient is a woman with Chronic Health conditions. Officials have not said how she got the virus. The other two cases are a husband and wife who recently traveled to egypt. They are in the hospital this morning and the husband has Chronic Health care conditions. Two others have tested positive for the virus. At the state
Full. This model has been open for five hours. The line started at about 4 00 a. M. As the morning progresses, it is is certainly getting busier. The line started to get people into the mall. Giving out these free gift cards that drew the traffic. It is an outlet. 60 off off the entire store. You have to boys. I am sure they like sneakers. Look at this line for the nike store. The entire store 30 off. Because it is an outlet, you can walk out of here with sneakers as low as 20 bucks. A lot of action has in here today. It is black friday. This is what i will say. People are showing up. They are showing up for the experience. A lot of young kids, college students, gently. A College Reunion earlier in the day. Now there are a lot of families. As it gets later on, you will see more the baby boomers. Different generations making their way through. Brickandmortar is not dead, but online is really booming at the same time. If you have an experience like this one has, it will get crowded. I am
Shellady and moodys economist john lonski. Welcome to both of you. Scott, what do you make of what is happening right now . Maybe because of stormy weather, folks expected to participate in Online Shopping more than otherwise would be the case. How do you sort of look at that . The shocking numbers, Online Shopping still has not eclipsed bricks and mortar. Depending who you read about 20, 25 . What do the malls look like when there is 50 50 . There is a still room to have Online Shopping area. I think bets, ultimately death knell at some point in time but right now it is small. We need to see 10 billion, the market would love. That would be something good to underpin we see what happened today. U. S. Economy, u. S. Consumer, the way they feel, it is a good recipe. Stuart john, youve been telling me the consumer is the key to this recovery and even when ceos, cfos, sort of dialed back expectations or not hired as many or ratcheted down their plans, the consumer had none of that. Is that
Weather headlines, chilly start. Mostly clear skies. Tracking that patchy fog rolling in this morning. Well see plenty of sunshine and mild, seasonal temps as we go through the afternoon in store for us. Check out the high, all in the 60s. Mid60s, concord, san jose, oakland and San Francisco. Gianna . Not bad on the roadways this morning. If you are heading out early, you are good to go. For the most part, we are seeing some easy conditions right now on this portion. We have a few brake lights but not as many as you see. We do have a trouble spot on the ramp from the eastbound side of highway 4, southbound hill crest avenue, lane, ramp, are one lane is blocked. Its not a big issue this morning. 29 minutes, thats it for your drive times. Im Katie Nielsen at the live news desk. We are starting to take a live look at the Hong Kong Poly tech university. This is the site of violent protests last week. Piles of trash, remnants of homemade weapons and bedding were strewn across the campus. In
Number overall, 130,000 jobs added, that was 20,000 or 30,000 less than expected, at least, given who you were listening to. Private secretator read added 90 job. Participation rate up. 3 , thats the high since 2013 hours worked rose. 1 . That was somewhat expected it is at 34. 4. So overall your reaction overall remains market wary, if you want a job, you can get a job. Thats an amazing economy. 3. 7 we got to get used to that what im shocked at is that i hear people talking about what the tariffs would do, even previous show. Look, when smoot holly came in, we did real big tariffs before president roosevelt, really tanked the economy, or was participant in tanking the economy, bank failures, this is not bad given the fact that the president drew a line in the sand versus the chinese. I wouldnt expect it to be this strong you can say, listen, mining lost jobs well, no kidding the country has gone away from mining but what i dont like to see frankly is a big spike in healthcare that ha