Bus was parked and locked when it was stolen in San Francisco at the transbay terminal. Chp followed it to stanislaus county. The bus stopped in oakdale a short time ago. One man has been arrested. In concord, pg e cruise just capped a gas leak minutes ago. Chopper 5 was overhead shortly after the leak was reported just before 9 45 this morning near burnett avenue and meridien park boulevard. A fourblock area had to be evacuated. Pg e says the break on the 2 line was caused by a third party contractor. Investigators now confirm one of the three victims of the plane crash at sfo died from being run over by an emergency vehicle, not the crash. Kpix 5s anne makovec reports, San Franciscos fire chief is heartbroken by the news. Devastating, heartbroken, theres theres theres not a lot of words to describe how badly we feel, how sorry we feel about it. Reporter fire chief joanne hayeswhite on the confirmation her department feared that it was their truck that killed a teenager on the tarmac
And traffic. Steve, how is the weekend thefts is likely due to more shaping up . People riding their bikes in not as bad as a couple of the city. In response, the city also wants to improve police weekends ago. Theres plenty of breeze enforcement and increase bike around. The lows are in the 50s. Parking. Muni is expected to release a there will still be 90s, but bike parking plan in september. 60s, 70s closer to the coast friday morning commute, starting to heat up. And bay. Heres sal. Good morning. Lets turn to sal. Right now traffic on the golden you want to start out in contra gate bridge looks good. Costa county. We do. A little bit of fog is preventing us from seeing the good morning. Showers. But the traffic is okay. Highway 4, westbound. You can see its a little bit also this morning were looking busy here coming up from the at highway 24 between walnut creek and oakland. That traffic is off to a good baypoint area. Over the hill to concord, start. Lets go back to the desk. Not
The s p 500, up a fraction. The nasdaq composite also higher today. Technology one of the winners on the street. Up 16. 5 points. It was a market that really did not know what to make of the feds latest hints today. Lets check in with bob pisani. Reporter yeah, we were all looking for clarification on when the fed would start tapering program, exactly, and under what conditions would we end it. We didnt get a lot. Let me put up the one sentence that got closest to giving us a little more information. This is from the minutes. About half of the participants indicated that it likely would be appropriate to end asset purchases later this year. Well, thats not much more information, but its a little bit more information. The bottom line, though, maria, is we werent much changed. We did move up. The dow moved up about 50 points when the fed minutes initially came out. But then, very quickly, just moved to the downside again, and essentially ended up down about 20 points or so lets see, down
Level and staying there. Thats pushing gas higher, which sounds bad but it could be a good sign and we will, of course, tell you why. If you want real excitement, youve come to the right show. Were going to be joined by the former manhattan madam that helped bring down the then governor Eliot Spitzer. The kudlow report starts right now. As you can tell, folks, weve got a lot to cover. We begin with the cat and mouse game better known as the Federal Reserve. Ben bernanke just finished a speech in boston where some investors think he backed off his tapering timeline. Others dont see it here. Take a listen. Highly accommodated Monetary Policy for the foreseeable future is what is needed in the u. S. Economy. But futures did shoot up during the speech. Theres your look right now indicating what seems to be a higher open at the open. Todays release of the minutes revealed half of the fed heads believed it would be appropriate to end their asset purchases, better known as qe, later this year
An egg on the sidewalk, assuming that you like your eggs over hepatitis. [laughter] seriously, it is unbelievably [bleeped] hot here. Now, to take our minds off the heat, we have a very exciting election looming in the city, and this is why tonight were going to start off our special campaign coverage. Yes, oh yes. [applause] thats the big question. Who will be the next new York City Comptroller . Im actually being told that its pronounced controller. Im now being told that thats matter of some linguistic dispute. [laughter] im now being told that absolutely nobody cares how its pronounced because its the most boring job on the planet. Now, a week ago it was all but certain that the position would be filled by manhattan borough president scott somebody or other. Nobody knows. It doesnt matter. And a week ago it was also all but certain that there was no way that we would be covering this race on this show, but then this happened. The former new York Democratic governor Eliot Spitzer is