The fed releasing the monetary report to Congress Ahead of testimony next week. We go to cayla toushy. In the blue print, the new chair sticks to the script touting data base decisions, a strong labor market, and inflation that is moving toward that ever important 2 target. It should be noted that in this report the majority of fed members said they saw inflation at that target by 2019 and stabilizing at that target over the next few years. They did say that theyre monitoring the effect of online retailers and international effects on that inflation level over time. For unemployment, the fed report said that hourly wage growth has been moderate but the labor market is near or a little beyond full employment at this point. For 2018 and 2019, the median estimate is 3. 9 ticking up to 4. 0 in 2020 as for the markets, the fed report pointed out that notwithstanding recent weeks, that is the mention to volatility that weve seen in the markets that equities remain higher and bond spreads hav
Ninetime. In the 50s. By the afternoon just in the mid 50s for most of us. Another clear night tonight. Clouds increase on sunday and we will see a little bit of rain pof the work week. The beginning a better chance, a more significant system by tend of the upcoming work week im detail it for new my accuweather sevenday forecast in just a few minutes. More than a week after 17 people were killed at a Florida High School we are now learning more about the events leading up to the attack. Abc news obtained the transcript of the tip the fbi received a monday before the shooting but didnt act on. Abc News Reporter maggie rulli has the story. Reporter authorities are releasing new details about what happened this the months leading up to last weeks school shooting, including a full transcript of the tip the fbi received a month before the shooting. In the call, the he female caller warns the shooter was about to explode. She said she told the Parkland Police department and the fbi just in c
That rain. It is going to be very sporadic once the the storm system moves on top of california. You can see it is getting closer and closer. 12 to 14 hours away from this starting to pick up. As we zoom in on the Doppler Radar, you see some of the activity beginning right to the north of us also throughout this year producing a phenomenal amount of Lightning Strikes. 182 of them just within the past hour alone. So there is enough uplift in the atmosphere to eventually get us something here in the bay area. The biggest area of concern now is here across the lake port clear lake thunderstorms have been going for the past two to three hours. Thats now heading toward 101. We told you about this in the 5 00 show if youre heading anywhere near clover dale or ukia. Watch out for the storm systems over the next 45 minutes. To the south, spotty activity here in san jose not much in the way of rainfall a few drops. Coming up in that forecast 15 minutes, well have details on exactly how much rai
Celebration for life for Sergeant Lunger, but the folks at that people might be most interested in hearing from are the sergeants family that had asked for privacy in the days following his death, they are going to speak later this morning as well. The sergeants body will be brought here to oracle arena in a few hours in a procession slightly similar to the one that he got on the day that he died but larger. The motorcade will depart chapper of the chimes in hayward this morning. That will follow mission boulevard to foothill, a street then 880 to oracle arena. There were viewings last night for the family and public where people shared stories about the man who was dedicated to family, duty and community. Sergeant lunger not only worked s. W. A. T. And the gang unit he also trained new officers and coached a Girls Softball Team at a high school in oakley. Other agencies are covering hayward today so that nearly all members of the police force could be here. Some of them were working t
Arena to say their final goodbyes to Hayward Police Sergeant Scott lunger. Lunger was shot and killed doing what he loved, trying to protect his community. Today in the bay kris sanchez joining us live from oracle arena had this morning. Kris, no doubt this is going to be a very emotional day not only for those who knew is Sergeant Lunger but for total strangers as well. Reporter Hayward Police are preparing for as many as 10,000 people here at oracle arena. It is perhaps fitting that the Memorial Service for Sergeant Lunger is being held here at oracle right next door to the coliseum where he was an avid as fan and often went to games with his daughters. His body will be brought here in a few hours in the procession larger than the one that he got on the day that he died. They will depart chapel of the chimes in hayward, laura will give you the details on the route in just a moment, but the family and public had visitations last night where people gathered to remember the man who was