To brace for the trickle down effect of that. Welcome to a new hour of americas newsroom, im dana perino. Good morning again. Bill its been a week, huh . Dana or two in one. Bill im bill hemmer. Good morning. Americans are hurting. Overall inflation increased nearly 20 under bidenharris. Check this out. Food and housing and shelter, energy and electricity, Auto Insurance Way up. Feeding your Dog Or Cat or fish or whatever you have at 23 . There is no doubt it affects the economy. Markets recovering this morning after taking a bit of a Dip Yesterday and now we are down again about 200 points 30 minutes into the day. Dana and even harriss usual supporters say she has no way to defend the state of the current economy. Watch here. The first question she was asked, are the american people better off today than they were four years ago . She didnt definitively say yes. The reason is, its complicated. You just said it. Housing is still expensive, insurance, car insurance, insuring your home h
Oakland Fire Department after an oakland inertia, hired on what he was 22. He commuted from sacramento and became an interim assistant fire chief in june. I knew i wanted to be an oakland firefighter because of my dad. He inspired me the second i got out of high school to pursue my emt and paramedic license. Reporter for cayden, his father was his role model. The two bonded over finding fires in life at the firehouse. It was the most special thing in the world. Its tough to have that come to an end so quick. Reporter cayden hopes to carry on his fathers legacy and traditions and culture of the oakland Fire Department. We had about 10 years we could have worked together. At the same Fire Department. It got cut short to a year. But i loved every second of it, thats for sure. Reporter besides raising three sons, lafon also was a baseball coach to hundreds of children. He hosted Exchange Students from china. No word yet on funeral arrangements. New at 11 00, new pictures show governor gavi
That blew through yesterday and today . Yeah, that is right, mike and gasia. Some neighborhoods picking up over two inches of rain, specially for the Higher Elevations. This was a productive storm, thankfully were not talking about flash flood warnings, nothing extreme in terms of advisories or warnings. Still, a beneficial rainfall in terms of water supply to start things off and fire danger. Take a look at some of the bigger rainfall totals. Well call them the jumbo rainfall totals. Around three inches of rain approaching three inches. Occidental in the north bay. 2. 34. Even kentfield over two inches of rainfall. Some more totals for you as we check in on those. The storm totals. Yesterday and into today. Were still adding to some of the numbers. Santa rosa, over an inch of rain. San francisco,. 42. Lifermore, close to a quarter of an inch and not so much for the south bay. San jose,. 08. This is the satellite and radar the past 24 hours. You can see the rain here into the bay area
Welcome to squawk box. Im becky quick along with joe kernen and Andrew Ross Sorkin. Futures are indicated higher this morning, triple digit gains for the dow up by about 167 points but yesterday was a big down day for the markets. Dow was down by over 400 points, 1. 4 the s p and nasdaq done evz nasy even more. This morning s p indicated up by about 25 and nasdaq looks like it would open up by over 100 points fairly significant obviously everybody watching what will be happening with the stimulus talks with the deadline that nancy pelosi has said for later today. Lets take a look at the treasury markets ahead of that, you will see that the ten year looks like it is yielding 0. 777 so a little stronger yields for the treasury markets right now but andrew, obviously washington is where people are watching and that is exactly where well go because House Speaker nancy pelosi and Steve Mnuchin are saying that they are making progress in their latest stimulus talks with time running short of
Ahead on todays show, fashion in the time of coronavirus. Well speak to anna wintour about vogues new partnership with amazon on a Digital Store front. Plus we will speak to truist ceo about his efforts now for Coronavirus Relief lets focus in on the stories we are watching Steve Liesman with the highlights from the fed minutes. Just released in the last hour and oliver chen is with us to talk about retail earnings and the big box names he likes so far. Michael, start it off with you what stands out . Yeah. The market just bobbed right back up from that lateday selloff yesterday. In fact, the low for today in the s p 500 hit about three or four times was yesterdays high. So it seems as if, you know, big money investors continue to behave in a way that suggests they feel underexposed to stocks if theyre not going to pull back a lot weve been talking a lot about this rotation theme. You have small caps up a lot and fin tech and financial all were really doing is stretching the upside of