But did bern knee pull biden too far to the left . Well react. It is monday march 16th. Fbn am starts right now. Cheryl here we go, welcome to fbn am and good morning everyone. Im cheryl casone. Lauren good morning to you at home youre like lie watch withing from home not the gym not work this morning thank you for joining us im lauren simonetti. Cheryl lets take a look after feds dramatic move late yesterday. They cut rates, and they agreed to 700 billion in bonds purchases e mostly treasure reis. Some of those mortgage back securities were limitedded down overnooght for the s p and nasdaq right now dow down and s p down 128 and half nasdaq is is down 3. 59. 75 and cannot go below 5 and remember, though, folks dow had biggest one day surge since 2008. This is volatility. Lauren take a look at the ten year treasury how pan pick investors are really down, 7 . Cheryl on fed moves we saw oil go briefly below 30 a barrel overnite right now were at 30. 10. But thats selloff 5 for oil this i
Commute really the commute has not started much at all. A good time to get on the road there. Highway 24 in lafayette getting busier but no specific problems that will delay you. The bay bridge is just starting to get slow. I believe the metering lights just turned on. That will add a little time to get onto the span. Give yourself an extra ten minutes if you have to get through this. One you get onto the span things clear up into the city. Happening today striking east bay teachers in the new raven Unified School District will be back on the picket lines. What do we expect to happen today . Reporter there was progress over the at one point yesterday both sides felt hopeful, but by the end of the day they could not write a deal. A marathon bargaining session broke down last night when the Teachers Association met with management for a total of 30 hours over the Holiday Weekend to negotiate about 12 hours yesterday. Both sides made some adjustments. The Teachers Association initially wa
Check in with francis. Shes in for lisa. Hi, chris. Good morning. Weve been tracking Hurricane Irma. I want to take you to this image now over the last few hours, it has just moveded up the northern coast of cuba and as it makes closer lantd fall, it has just dropped to a category level 3. Winds still very strong at 125 miles per hour. Now, as the system starts to track north over the warm water, it does gain speed again and returns to category level 4. Tomorrow morning, it will hit the southwest coast of florida area and the florida keys at about 140 its way north up through monday morning by the north of florida and into tuesday making its way through georgia and atlanta. Rainfall amounts range, but were talking about 10 to 20 imp inches along the southwest coast, even up to 25 inches in isolated areas along the keys and also possible storm surge, dangerous as well. 8 to 12 feet along the southwest coast and the southeast coast, 5 the to 10 feet pob. So well be continuing tracking Hu
The economy overall. Now veterans groups are moving number are a signal of a new upward trend in veterans unemployment. Were turningind, our first 45 minutes today over to the issue of veterans unemployment. We want to hear your stories about military veterans a job. Ng for or finding well put up our phone lines a little differently today. Veterans fghanistan the number is 2027488000. Other veterans 2027488001. And military families 2027488002. And a special line for employers. 2027488003. On can all catch up with us social media. You. Wednesday morning to we begin today talking about this issue of veterans unemployment. From military times reporter leo shane after those umbers came out earlier this month. Talking about the 4. 7 Unemployment Rate for veterans overall. That represents nearly 500,000 veterans looking for work in the United States. Second highest monthly rate in the last year. Was 4. 4 . At number for he number higher even iraq and afghanistan veterans as military. Com po
Live from the kgo tv broadcast center, this is abc 7 news. Now at 11 00, its a muddy mess in Southern California as several mountain communities get an early taste of the el nino storms that are expected this winter in california. Good evening everybody, im lar larry biel in for dan ashley. Good evening, everyone, now the roads are closed, vehicles are stranded and Property Owners are assessing the damage. The flooding affects liona valley, and Lake Elizabeth about 60 miles north of los angeles. We have Team Coverage for you tonight beginning with abc News Reporter alyssa harrington. The flooding really caught people off guard. Hundreds of drivers got stuck, some rann etrapped for hours, o were rescued, meanwhile, debris was cleared from the roads. Reporter this is part of interstate 7 in california, cars stuck in the mud, the drivers stranded for hours. The connecter in the Central Valley is completely shut down. Kevin tran was expected to drive his big rig to sacramento, his trip cut