Sports what that could mean for the stock and the major sports leagues. Halftime report starts right now. Welcome good to have you with us Jenny Harrington is the ceo and Portfolio Manager at Gilman Hill Asset management and also with us on set today is cnbc senior economics reporter, steve liesman. We begin with stocks falling the fourth time in five days adp only adding fears today that the economy is slowing more substantially. Bond yields also falling farmer jim, im giving you the first crack. Dow falls 500. More Economic Data comes out soft i was told on this desk that the consumer is so good that it doesnt matter if the manufacturing economy is so bad, stocks can still go up but the consumer is a lagging indicator. I tried to hit that yesterday. The consumer is strong right now, but thats the last crack to form, okay . What youve got is youve got pmis, all the ism surveys in the u. S. Are finally catching up to whats been going on internationally. Thats been happening for some ti
Reporter thats right, jessica. Were learning a little bit about what was discussed inside the fundraiser. I spoke to the Republican Party chairwoman and she is the person who greeted the president once he got off the plane and road with him to the fundraiser. She described the mood inside as light and fun and energizing. There were a number of topics discussed from tariffs to trade to issues that affect californians like homelessness and the 2020 election. All of that happened as a group of people waited outside hoping to see the president. President ial protesters and supports lined the streets for hours waiting for a glimpse of the commander in chief. Around 11 40 a. M. , aly mow carrying President Trump arrived at the home of tech billionaire scott mcneally. Due to safety concerns, the location was a wellkept secret, but it wasnt a total surprise to neighbors. President ial piggy bank. This is where theyre coming for their donation money and theres very influential leaders. Reporter
Match to light a cigarette. Reporter the lamptons are glad they didnt have to leave home. Its a vibrant, great place to live. Reporter there were no injuries due to this fire. Embers from the fire did cause two of additional small fires in the area. Live in oakland, melanie woodrow, abc7 news. Thank you. There have been several other suspicious fires at apartment complexes being built across the east bay. Two of those burned at the same job site on the oakland, emeryville border. It took place Florida State may of last year following another in july of 2017. A sevenstory building under construction burned on valdes street in oaklands Uptown Neighborhood also in july of 2017. A massive fire caused at least 55 million in damage when flames destroyed an apartment being constructed in april of last year. Abc news is committed to building a better bay area. The problem of homelessness extends well i dont want big cities in the bay area. The city of walnut creek found a new approach to polic
Clayton, one of three in fairfield. One or two in concord. Those were the hotspots, inland areas heating up. Always amazing to see the temperature spread with at 103 in fairfield, it was more than one degree per mile if you go from there to San Francisco, 39 miles as the crow flies. That would be a chilly crow by the time he made it to San Francisco. 63 degrees at chrissy field for a hike today, 20 degrees cooler than fairfield. How may times of the hit 100 . Concord that is the fourth time we are above last years pace through july 24th we had triple digits of three times but look at two years ago, we had 100 degrees 11 times. Nowhere close to that. Coming up i will explain why we are up to 10 degrees cooler tomorrow that is coming up. See you then. Live look now at the wasco. E countdown a septgrop the new area will host concerts, an arena rather will host concerts for metallica and the San Francisco symphony. New arena, traffic. Concern the already congested area will only get worse
Headline, cooler today but a little above average, read the bottom line. The hundreds are coming for the weekend and for extra credit, the middle line which has a little bit of a side note thrown in here. Maybe a small chance for a few isolated thunderstorms tomorrow morning. I will explain what that is about coming up. So far it is early and looking good. Lets take a look at the bridges and the main thoroughfare starting with oakland. You can see the nimitz freeway moving along fine. No problems. Even a bit of added volume. It is just past oracle arena. No problems to report. The bay bridge is also starting to pick up. The cash lanes are a little packed. We are fast tracking it through San Francisco. No problems at all. This is only getting worse as the morning continues. The san mateo bridge looks really good. No problems here. You are moving along without an issue. The Richmond San Rafael bridge is better than that. Emergency construction and play. For whatever reason, your travel t