317. Eos compensation rose today, she testifies before the House Oversight Government Reform Committee live at 2 00 p. M. Eastern on cspan3. You can also watch it live on cspan. Org or listen live on the cspan radio app. The cspan radio app makes it easy to continue to follow the 2016 election wherever you are. It is free to download from the Apple App Store or google play. Get audio coverage and up to the coverage, plus podcast. Imes stay uptodate on all the election coverage. Cspans radio app means you also you always have cspan on the go. Up to the debates between Hillary Clinton and donald trump, we look back at house president ial debates saturday on cspan at 8 00 p. M. Eastern. Today, it is gerald ford and former georgia governor jimmy carter. Were faced with heavy inflation, over 12 . We were faced with substantial unemployment, but in the last 24 months, we have turned the economy around, we have 500,000 with jobs today that were out of work three months ago. Increase and0 unem
Less than 30 seconds away now. Europe. What happened there . What will it tell in terms of a story for our markets . I can answer that by saying theyre up over the major averages. We dont have italy or spain which were sad about. Tenyear note yield and crude oil always a key here. Certainly crude has been according to my coanchor, mr. Cramer, in recent sessions, you can see the 10year note deal a shade under 1. 7. John stumpf is going to testify before the Senate Banking committee. Hell face questions about Bank Employees allegedly cheating customers by opening fake accounts to achieve their sales goals. In his prepared text, stumpf says, i am deeply sorry that we failed to fulfill our responsibility to our customers, to our team members and to the American Public. I accept full responsibility for unethical sales practices in our Retail Banking business and im fully committed to doing Everything Possible to fix the issue, strengthen our culture and take the necessary actionses to resto
Instant information. With that, we say good afternoon, everybody. Now, to our other top story, new fallout today in the wake of the sex scandal involving Police Officer s across the bay area. In oakland alone, four officers have been fired and seven have been place on unpaid leave. Today, an officer from another department is stepping down. Abc7 News Reporter Laura Anthony joins us live at Oakland City Hall with new details and the effort under way to help the woman at the center of this scandal. Laura. Reporter we are learning today that mayor schaafs announcement took many at city hall by surprise and some concern her announcement may impact the yet unfinished criminal investigation. We clearly have damaged Community Trust during the course of this scandal. Reporter with the citys investigation behind her, oakland mayor schaaf has been intent on moving on that left four oakland officers fired and seven others suspended without pay. We will hold our officers to nothing but the highest
Generals office is investigating an officer involved shooting in claremont. The incident happened just before 5 00 on congress street a. M. Following a 911 call from a residence. Im adam sexton. Anchor and im cherise leclerc. Police say 25yearold cody lafont was killed during a confrontation with police. Wmurs Kristen Carosa is live in claremont with what authorities are saying at this hour. Reporter authorities are still working at this hour, as you can see this portion of congress street has been blocked off, crime tape is still up around 53 congress street. The ags office says there will be a thorough investigation into what happened here. Crime scene investigators arrived on congress street in claremont early sunday morning, following a 911 call and confrontation with police. Unfortunately one person was killed and we provided that individuals name beyond that we cant provide too much office says 25yearold cody lafont was killed. Right now they are not commenting on what led up to
Highway 85 to the san jose airport filling in at 17 minutes. We will take a closer look at the Central Valley commute in less than 10 minutes. With all of the problems for the new eastern span of the bay bridge it is multimillion dollar Rainy Day Fund is almost drained. Our reporter is on the bridge to explain how this could affect you even if you do taught drive over it each day. Yes, the report sent to the legislature yesterday, and the good news is that you are not going to face any hikes to toll bridge crossing fees. The bad news is that a lot of the projects that landed for other bay area bridges are going to have to be cut according to the San Francisco chronicle, the Rainy Day Fund had 900 million when it was created in 2005 and today it has less than 8 remaining, or 67 million. Many set backs drained the fund include leaky tower foundations, cracked rods and poor wimbledoning. Authorities say that toll payers are on the hook to fix the bridge, and some say caltrain needs to rei