And that, weve taken 40 seconds out of the next show, but since i cohost the next show, i took it from myself, contessa its paying peter, robbing peter to pay paul. Whats new at 2 00 stocks sitting just below record highs. Bank of america says theres no euphoria in this market. Thats a good thing. Plus boeing soaring on reports that Warren Buffett is jumping into the game, but theres one bearish analyst who says sell this stock hell be here to make this case. Later, Oil Prices Rising as tensions in the middle east ratchet up are higher prices here to stay well hear from the ceo of marathon oil power lunch starts right now the dow off the lows of the day but still down b about. 40 . The s p in the red as well down a quarter of a percent look at the north ameriasdaq in stocks check out micron and western digital. Theyre surging after cowen says both of these stocks as a buy. Micron up almost 8 , tyler the markets largely shaking off concerns about iran instead focusing on hopes for earni
Month. The reporter who broke that story with the latest. And shares of Home Builders Toll Brothers after a mixed Earnings Report and well hear about the companys cautious outlook but we start with the latest on tax reform and a report from politico says the big six are making significant strides on a plan moving past the framework pushed out in july, and one of the big six, Speaker Paul Ryan, is optimistic about getting things done. Heres what he said in a town hall last night. I believe its going to be far easier for us to do tax reform than it was say for Health Care Reform all right how close are we to getting a plan, and what exactly would be in it . Joining us are politicos nancy cook and our own ylan mui. Glad to have you both here for this discussion. Nancy, i was looking at your proposal today about the items that people are kind of rallying around here, but they include controversial ones like, you know, capping the Mortgage Interest Rate deduction and getting rid of the dedu
monday jitters. the s&p downgrade has everyone holding their breath to see how wall street will react, while overseas some markets are already seeing the fallout. good evening, everyone. i m aaron gilchrist. off the top tonight, watching and waiting to see how wall street and the world react to standard & poor s bold downgrade of the u.s. credit rating. here s the latest so far. markets have already opened in japan, israel, dubai, and saudi arabia, and they have all taken a hit in early trading. futures for markets here in the u.s. down 2% right now. and today in a move to try and calm market jitters treasury secretary tim geithner announced he would not resign. meanwhile, the political blame game is going strong today. democrats are calling it a tea party downgrade because the republican faction stonewalled a compromise during debt ceiling talks. some republicans say they were just trying to prevent tax increases. but both parties are questioning s&p s decision to lower the
units in here in case there s a multi casualty or if there s a fire that happens at this time. reporter: the two firefighters station houses used hoses to spell out their initials. reporting live in san francisco, david stevenson, ktvu channel 2 news. grave diggers at a colma cemetery held a rally. they ve been locked out of their jobs at woodlawn memorial park after the owner proposed a $2 an hour pay cut among other things. the cemetery says there are fewer burials these days and that cuts are needed to avoid lay offs. san mateo police are investigating a fatal stabbing it happened around 7:30 this afternoon. according to a photographer on the scene, they believe it may have involved a love triangle. uman was reportedly at the storage facility with her boyfriend when an ex-boyfriend showed up. a fire fight took place and one man was killed. a family is keeping hope alive that a missing nursing student will be found alive. christien kafton is live where the family
raj mathai sitting in for diane dwyer tonight. it s hot nearly everywhere, from san francisco s union square, the peninsula, the south bay, east bay, summer vacation one month late. let s bring in craig auraro? reporter: we did hit some records today, santa rosa and livermore two records today. it is a hot one right here, kids are out there playing and enjoying some of the cooler weather. this is going to be with us not only today but into tomorrow and monday as we go through the afternoon and into the evening hours,emperatures a bit close tore 80 degrees by the time we get into the afternn hours. by the time we get into tomorrow, we ll see more 90s,te the only place we ll see cooli will be closer to the coast, but even then, we re dealing with 750s and 80s. as we go into monday, this will be the hottest day. it s 8:00 a.m. tomorrow. stay hydrated, day two, you ll start to feel the effects of the heat. once we get into monday, we re looking at some 80s, 90s and by the time