Picture. Comes off a day of record closes once again the gains were relatively slight they did come off the highs during the course of the feenl few ho final few hours of the session the Telecom Sector was the worst. Healthcare was the best. The nasdaq was the laggard of the three. Oil hitting a threeyear high thanks to ongoing production cuts led by opec gained about 2 yesterday. Up another 0. 7 . 63. 4, so a great start to the year for oil prices. That continued not just a strong year but a strong q4 in particular tenyear treasury note for you yields did move higher yesterday. For once its been the longer end of the curve that moved higher, faster than the shorter end. 2. 546. This time yesterday flirting with the 2. 5 level, yesterday it picked up steam. The 30year moved noticeably higher people talking about the fact that this is a surprise underlying tapering from the japanese thats driving global bond Prices Higher that shows the way that the u. S. Has been anchored by the Intern
Nasdaq the dow also closing at a record high it looks like well open sharply lower. The dow losing 124 points right now, the s p down 13 nasdaq down about 44 what was weighing on the markets yesterday and probably today, the yield on the tenyear note 2. 584 right now thats the highest since march 15th a big move in the tenyear treasury yield thats challenging the equity rally today. The yen continuing its strength after the boj said it would continue its bond strengthening services the hang seng up by 0. 20 . Over in europe, right now at hope the dax down by 0. cac down by 0. 6 looking at the price of crude oil, highest level since 2014. Wti, 63. 43 breaking news this morning. Lets get to becky quick live in omaha. Good morning good morning. Theres breaking news from Berkshire Hathaway the company out with a statement saying that its going to be increasing its board of directors by two members to include two key members of its Operations Team who people have been looking at for a while
They are the ones that end up in our shelters ever night, they wouldnt even be able to keep a home if we got them one. Reporter now one of the organizations goals is to focus on an area where few have succeeded. The chronic Homeless Population not only has to have services attached to their placements. Reporter heres an example, the city wanted to expand the medical respite and Sobering Center but lacked the funds. Tipping point added the money to add the beds. Those with psychiatric needs will get specific treatment they would never get in a shelter. Tipping point wants to focus on programs that would keep the most vulnerable from falling into homelessness in the first place. Whether its kids coming out of our foster care system, or people in our Mental Health system or our prison system. Reporter homeless advocates say spending 100 million over fiv five years on a very specific group of people may be whats needed to turn things around. Just about 90 minutes ago, we learned the jury h
Tipping point pledged to raise 100 million to cut the number of chronically Homeless People in San Francisco by half in five years. According to the most recent federal count back in 2013, the official number was 7,539. Of those 6,686 were adults and the rest were under 18. Reporter let me add another number for you, 1,700, thats the number of people who fall under the category of chronically homeless. Now the organization Tipping Point will have full control of the money and every project must be approved by their board. These are the chronically homeless. Described as those who have lived out here for more than a year, suffer from Mental Illnesses and have a druggor alcohol problem. They are the most difficult to deal with, and in many cases the most costly. We have chronic alcoholics who are costing the city 60 million to 80 million a year. They are the ones that end up in our shelters ever night, they wouldnt even be able to keep a home if we got them one. Reporter now one of the o
,,,,, the Energy Conscious whopeople among usle . Say small actions can add up to something. Humongous. A little thing here. A little thing there. Starts to feel like a badge maybe millions can wear. Who are all these caretakers, advocates too . Turns out, its californians its me and its you. Dont stop now, its easy to add to the routine. Join Energy Upgrade california and do your thing. The bay areas sinking skyscraper. s been deceived. Now at 11 00 the super bowl mvp once promoted the bay areas sinking skyscraper, but he said hes been deceived and tonight hes going on the defense. Good evening. Im veronica de la cruz. Im ken bastida. Kpix5s Susie Steimle is at the millennial tower with the details of this lawsuit. Susie . Reporter well, ken and veronica, tenants here at the millennial tower have expressed concerns for their Property Value and their safety and thats why so many of them have filed lawsuits and joe montana says he supports those concerns, but hes also trying to protect