Who is following the traffic situation on the bay bridge. Reporter right now were tracking the delays and the backup just continues to grow. Now, the two left lanes shut down westbound 80. Thats on the bay bridge just past Treasure Island. As you can see, speeds drop below 10 Miles Per Hour as you make your way across the span. Now, the backup continues to stretch into the maze. Right now just to go from the maze into downtown San Francisco over an hour. 75 minutes. Thats what our travel times are showing. And the backup continues to stretch along the eastshore freeway to el cerrito at this point. As you can see, traffic on the Richmond San Rafael bridge starting to see a lot of yellow, a lot of slowdowns, everyone using that as an alternate to get away from the bay bridge toll plaza. You do not want to be stuck in that backup. But take a look at the toll plaza over at the Richmond San Rafael bridge. You can see a backup we typically dont see delays at this hour over at the toll plaza.
Deutsche bank is said to be considering funding private equity firms to buy distressed loans. How will the u. S. Authorities react . Lets talk about the markets. Im going to do gmm first. A quick look at what is happening around the world. Japanese yen, big move. Trading 116. 01. We are seeing a weaker dollar. The bloomberg dollar index down 0. 6 . The danish krone is moving. The euro is up 0. 5 against the dollar. The dollar, despite fed fears, is actually going down. Take a look at the Commodity Markets as well. Theres a big china story. Zinc on the move today. You are also seeing copper on the move as well. Familiar to the beginning of last year. Lunar new year is coming up very shortly. The markets on the move. Heres the bloomberg first word news with juliette saly. Juliette thank you. Donald trump has picked a wall street insider to the his top regulator despite railing against the industry on the campaign trail. Clayton toinate jay head the sec. Clayton has represented Financial
Saudi arabia shattered all hopes that could bolster prices when he said point blank theyre just not going to happen. Oil prices had risen recently but they reverse course today settling down about 4. 5 . The downward pool on oil pushed down stocks. The Dow Jones Industrial average fell to 16,431. The nasdaq dropped 67 and the s p 500 was off 24. Bryan sullivan has more on the comments from the man who runs saudi arabias oil business. Reporter the good news, dont anticipate gasoline prices to move higher any time soon. Thats because oil is likely to stay allowlower for longer. A crowd was told today in houston that a coordinated Production Cut was not likely. Not many countries are going to deliver even if they say they will cut production. They will not deliver. Theres no sense in wasting our time seeking Production Cuts. They will not happen. Reporter that comment made hed moved the market as disappointed traders sent oil prices lower. Oil prices had moved up a bit on the talk that op
Oil prices lower today. Saudi arabia shattered all hopes that could bolster prices when he said point blank theyre just not going to happen. Oil prices had risen recently but they reverse course today settling down about 4. 5 . The downward pool on oil pushed down stocks. The Dow Jones Industrial average fell to 16,431. The nasdaq dropped 67 and the s p 500 was off 24. Bryan sullivan has more on the comments from the man who runs saudi arabias oil business. Reporter the good news, dont anticipate gasoline prices to move higher any time soon. Thats because oil is likely to stay allowlower for longer. A crowd was told today in houston that a coordinated Production Cut was not likely. Not many countries are going to deliver even if they say they will cut production. They will not deliver. Theres no sense in wasting our time seeking Production Cuts. They will not happen. Reporter that comment made hed moved the market as disappointed traders sent oil prices lower. Oil prices had moved up a
Oil prices lower today. Saudi arabia shattered all hopes that could bolster prices when he said point blank theyre just not going to happen. Oil prices had risen recently but they reverse course today settling down about 4. 5 . The downward pool on oil pushed down stocks. The Dow Jones Industrial average fell to 16,431. The nasdaq dropped 67 and the s p 500 was off 24. Bryan sullivan has more on the comments from the man who runs saudi arabias oil business. Reporter the good news, dont anticipate gasoline prices to move higher any time soon. Thats because oil is likely to stay allowlower for longer. A crowd was told today in houston that a coordinated Production Cut was not likely. Not many countries are going to deliver even if they say they will cut production. They will not deliver. Theres no sense in wasting our time seeking Production Cuts. They will not happen. Reporter that comment made hed moved the market as disappointed traders sent oil prices lower. Oil prices had moved up a