Plus, the video just in showing a small plane crashing into the water near san francisco. What happened next. Spotting the winner, can you figure out which horse won this race . The decision this morning. And the woman sued for bingewatching friends at work. Just how many episodes she allegedly watched in one day. Good wednesday morning, everyone. Thanks for joining us. We begin with President Trump sending mixed messages this morning on three big issues. First guns. Yeah, so abc news has now confirmed the president is backing away from his call for gun background checks after speaking with the head of the nra and meanwhile on the issue of taxes hes now contradicting his own staff and confirming that he is considering a payroll tax cut. Then theres the big issue of buying greenland. The president abruptly canceled his Upcoming Trip to denmark which owns greenland after a danish official called trumps discussion of a sale absurd. Serena mgood morning. Reporter janai, trevor, good mornin
The nasdaq got spanked and slit 1. 6 but the average value 29 points in an it is passion of the upcoming rate cut, the first in ten years allow me to set the stage, on wednesday fed chief jay powell will give us the read on the economy and announce a quarter point rate cut to breathe now life into a business situation for many different industries. I know there will be sticklers that say with unemployment with the lowest level since the 1960s, it is ridiculous for the fed to think about cutting rates. Others like President Trump think a 25 basis cut isnt enough the president endlessly tweeted the Federal Reserve is way too tight monitory policy has been holding back the economy did it again today when your Interest Rates are too high, the currency gets stronger versus the rest of the world our rates are much higher so the dollar is very strong and makes the internationally Oriented Companies far less competitive and can hurt the Auto Industry and housing industry both of which are weak
60s and 70s on a lot of these temps. To the north. 50s, 60s. Although lima valley at 48 degrees. 62, american canyon. And 46 truckee. 71 out to sacramento. Look for another warm to hot day. Not as bad. The high will back off a teeny bit. Its going to reload by weekend. Warm up by saturday. Sunday still looks pretty warm as well. But overall, temperatures down a little bit, then back up a little bit. 60s, 70s, and back into the 90s, mid to upper for some. Sal is here at 4 31. And he will tell you about 80 . Yeah. 80 steve. A couple of lengths taken away for road work. To el sobrante. And actually, now the backup extends to hercules. So solano traffic is good. But once you get down to the hercules area, you are going to see slow traffic here because of road work in this area, coming into richmond and heading down toward 580. And theyre doing some grinding and paving. And that has an unexpected delay beginning right after the hercules area. Also look. For this time of morning. Its taking
Weve got the two right lanes blocked, two left lanes are able to get by. This was a serious crash that happened just after 5 00 this morning. We had a box truck that hit the guard rail. A pickup truck involved in that initial collision, too. And then a couple more vehicles hit a lot of debris that was in the roadway from that initial collision. So working on getting more details. We should have sky 7 at the scene in about ten minutes. Ill have an update coming up shortly. We are tracking breaking news out of contra costa county. At least one person has minor burns after a fire an an apartment complex in martinez. The fire broke out just after 4 00 this morning on the third floor of the building on el hambra avenue. You can see firefighters were there and crews managed to knock down the flames in about 20 minutes. Neighbors evacuated the surrounding apartments out of precaution. The cause is still under investigation. They were killed while sleeping on a Sonoma County beach. A double mu
Markets at this hour the dow carving out modest gains, it would be high fer it wasnt for boeings drop you see there it is up about three quarters of a percent. Were also watching nike courtney just talking about it the trade war front and center today china playing out terms for a trade deal kayla tou Kayla Tausche still live in japan. Yeah, the president may be laying out terms this week and we know how the u. S. Might respond to them. They want a relaxation of that ban on huawei parts. The president said he is willing to negotiate on that and he expected it to come up that is not something that any u. S. Negotiator has come up with they would prefer more purchases than fewer President Trump wanted double or triple of chinas 1. 2 trillion purchase offer finally china said they want a balanced deal. They want to recognize the dignity of both the u. S. And china and as recently as this week sources tell me that they told his counter part in china that that wasnt possible because of the