Sunshine and heat we expect on the way. How . Yeah. Another hot one. Just like this weekend. Youre going to be breaking a sweat stepping outside this afternoon. So get out there this morning while were still nice and mild for most areas, little taste of fog right down in the bay. But its pretty limited where youre seeing it from the east bay hills, which is normally one of our very fogged in views. Looking at a nice clear view, just that fog are right around the Golden Gate Bridge a few spots of the north bay. Otherwise temperatures are already quite mild. Some of us like brent would end up in vacaville, not even falling out of the 70s during your overnight hours. 50s 60s for the rest of us. So light jacket kind of stuff this morning. Moving into the afternoon. A couple spots make it to 100 degrees inland. So a whole lot like yesterday was 80s and 90s for most of the rest of us. Ill get to all those details in the forecast as we go. Reyna harvey standing by to look at the roads. Whats
Well reveal the company and speak with the ceo and an interesting three buys and a build gina sanchez is buying the u. S. Consumer and selling the chinese one. But first, to the inflation reading. Im still raising my eyebrows. And mike santoli is here to explain. A big part of the story is the bond yields. Yesterday, we had a failed rally on a benign cp ireport today, a telloff on a slightly hotter than expected ppi this really has been chopping around as the seasonals get a little more challenging coming into august. If you look at where it sits in a oneyear term, that pullback did get us right to the precipice of that 50day average. 4443 was the intraday low. This morning in the s p, why did that matter, if at all take it back, and ill tell you on july 11, the high for the day was 4443 what happened the next day really nice cp ireport, reported july 12. The market popped from there we filled it this morning. People think this matters, but it matters on a macro basis, because july 12,
I feel real good. Here we go again. Bill good action happening now. The f. B. I. And defendant of defense have tracked more than 100 such incidents with Chinese Nationals dubbed Gate Crashers in these secure site. Authorities are sounding the alarm the Chinese Government could compel national to report back on Security Practices at military installations. Dana Mike Gallagher will join us in a minute with his thoughts on this Potential Spy Threat from beijing and more. Bill we begin with eric shawn, live in the New York City newsroom with more on this. Eric, good morning. What did you find out . Good morning. Unbelievable. It seems that chinas Infiltration Of America is reaching alarming levels say u. S. Officials including trying to send spies posing as tourists. They have been detected more than 100 times trying to access u. S. Military bases and intelligence facilities posing as tourists. The Wall Street Journal reported Chinese National resort to claiming they are visitors trying to
Im lucy, welcome. Hollywood Studio Bosses and the Union Representing writers have reached a tentative deal. Writers have been on strike since early may. The 15,000 plus members still have to vote to ratify the deal. In a statement, the Writers Guild of america said we can say, with great pride, that this deal is exceptional with meaningful gains and protections for writers in every sector of the membership. Actors, though, are Still Holding industrial action. They have been on strike sincejuly. Both strikes have hit the Entertainment Industry hard. Cbs correspondent Wendy Gilette told me what this deal means. This tentative deal between the Writers Guild union and Hollywood Studios is a three year contract. Not many other details have been released just yet. If its approved by the unions 11,000 members, talk shows could get back to work within days. The Writers Guild is calling the agreement exceptional with meaningful gains and protections for writers in every sector of the membership
And the Union Representing writers have reached a tentative deal. Writers have been on strike since early may. The 15,000 plus members will still have to vote to ratify the deal. In a statement, the Writers Guild of america said we can say, with great pride, that this deal is exceptional with meaningful gains and protections for writers in every sector of the membership. Actors are Still Holding industrial action, though. They have been on strike sincejuly. Both strikes have hit the Entertainment Industry hard. Jeanie wolf is an Entertainment Reporter in the us she gave us her reaction to the deal. This is the most positive news weve heard out of any meeting in all these months. What the writers are asking for reflects the changes in the entertainment business. For instance, residuals, replay of programmes and programmes that are successful, especially in streaming, which is where the Television Industry is aiming. And the streaming services dont like to report these statistics of thei