I actually in many ways, i upplayed it in terms of action. The president s new claim the virus could go away without a vaccine and the latest from the campaign trail with just 48 days yours . Its really been nice to kind of sit in your own space and go, oh, wow. Like, i think ill put a picture up over there. To go. Or whats wrong with this door why is it so wonky when you try to look for the graciousness and gratitude in total devastation. Its just like, is this really happening . Thousands of homes destroyed something thats so unprecedented, you start right by those western wildfires. Thousands more in danger. There and think, well, at least and overnight the baseball game i got to chance to kind of sit in seattle called off because of in my own space and feel it. Poor air quality. The smoke even visible on the and it is a very comfy home. East coast. Well, thank you for sitting breaking overnight, horrific with us, too, jon. We appreciate that boy failure. Congress releases its final
It. Well, i didnt downplay it. I actually in many ways i upplayed it in terms of action. My action was very strong. Recordsetting fires. More than 5 million acres now burned in the west. Dramatic new video of how fast the enormous flames took over. Firefighters racing through the about that toxic air blanketing cities like portland. Now the most polluted air in the world. Fighting for justice. Say her name. [ chanting Breonna Taylor ] Breonna Taylors family reaching a historic 12 million settlement with the city of louisville after she was killed by police in her own home. What her mother is saying as the demand for the officers involved to be charged grow louder. Apple game changers. The tech giant Apple Unveils the tch that can track blood oxygen levels and can keep track of your kids. Stunning defeat. Jimmy butler and the unstoppable heat shutting down boston in an overtime thriller. The nug ai overnit d setting up an epicamed the lakers. We certainly do say good morning, america. G
Were going to get smarter on that with our guests this hour take snow dflake, that recordbreaking debut you heard about all morning, priced at 120 now indicating 19 to 195 the largest software ipo ever. Their thesis, a new way to work with data in the cloud those indications as i mentioned way above the ipo price. The ceo joins squawk alley right after the first strad. And theres adoe bee ahead of last nights earnings. They reported 15 Revenue Growth the best q3 in the companys history. Stock is taking a breather in the early trade. Well ask ceo about that in just a few minutes. And dont forget about apple its mac and ipad lines got a boost from work and learn from home imperative. Major Tech Companies like apple are leaning into the work, learn and kperds from home phenomenon. The new way of working is rich the real question here, guys, is future upside already baked into these valuations, carl boy, just look at those snowflake indications. We went into this morning, jon, looking at h
That broadly speaking if we dont get that, there would certainly be Downside Risks certainly through the channel i mentioned. Thank you cnn. Thanks for taking my question chairman powell, give us an update to the policy framework and repeated calls for this and this event, is the fed open to other parts of the economy such as income inequality and Affordable Housing we monitor everything we think is important in the u. S. Economy. In a broad sense, all of it goes into thinking about Monetary Policy you mentioned inequality so disparities in income and Financial Wellbeing demographic and racial categories, something we monitor carefully, inequality, which i would point to its a multifaceted thing, stagnation of nat the lower end of the income and lower mobility those are things that hold back our economy. They are the thing is we dont really have the tools to address those. We have Interest Rates and Bank Supervision and Financial Stability policy and things like that, but we cant get a
Reopening those Public Schools in San Francisco or whether they will continue Distance Learning like we saw in san jose this week. Were live in San Francisco, kenny choi, kpix5. The bay area is taking a deep breath today for the first time in 30 days, no spare the air alert. The unhealthy air forcing it to close. Minutes ago, the parks it is closed all roads and park entrances, the smoke expected to stick around to the weekend. Now paul, is the air here in the bay area going to stay clear, though . It will. We will see our by our variations and airquality, just within the past couple of hours. And along the coast. Still good air quality, moderate we can handle, we want to go back into the unhealthy air quality. It has been confined to the immediate is in the and downwind which is north of the large fire still burning. You can see all of it still spreading out, just covered in the thick wildfire smoke so this point. Switch over to the satellite perspective you can see the smoke plumes a