Here on kron. 4 news at 9. Im noelle bellow and im dan thorn to some parts of the bay area. Still seeing some rainfall tonight. Kron 4 meteorologist bree throughout rig as watching the radar for us to see how things are shaping up. Said, hey there, no, well, yes, certainly drying off along the coast. But for those of you in our valleys. Enjoy those light to moderate showers. Now, remember, this is the peak of our fire season. So this rain storm is going to be our saving grace, not going to completely put an end to fire season, but at least its going to keep it in check and delay it for as long as we can until the month of october passes. So lets take a look at radar for because we are noticing very dry conditions along the coast. But as you make your way inland, thats where were finally starting to see the bulk of the wet weather as that storm track has now shifted to our south and east and just to the east of fairfield are tracking some moderate rain there, but drying out for most of
Tremendous challenges from both being able to find jobs and to work through issues in that environment. The data demonstrates things that are not surprising. It demonstrates a persons that are way too much depending on nonbank lending while they had more access to earlier generation through some form of Financial Capability instruction. Their absorption of that is not demonstrated from a testing standpoint. Their exposure as they move through an environment where those that have moved forward, even those that have moved forward are way more burden by Student Loans both in percentage and sign. All of that demonstrates what a point that has been made across the board. We need to move Financial Capability, education and communication away from accidental interactions to an environment where its focused and concentrated and very much looking to evaluate and identify what works. Its a pleasure to be involved in this Advisory Committee particularly with a strong focus on Financial Capability
Thanks very much, cyrus. Welcome, everyone, to the department of the treasury. Im very pleased to have all the members of the new counsel here with us, including Richard Cordray and secretary duncan will be here shortly. Im also leaves that we have so many members of the public here. President obama brought together this group of talented men and women stood by zimmerman issue up or found importance to the future of our economy, the Financial Capability of americas young people. Whether it is teenagers spending their first paycheck, College Students making decisions on how to repay Student Loans, or new parents trying to save for a childs education or retirement, it is not only important for their futures. It can strengthen our economy for generations to come. That is why the work we can do can significantly impact how successful we are at growing the middle class and increasing Economic Opportunity for all americans. Virtually, theres much we can do to improve Financial Capability and
Have a margin of safety that can produce spectacular gains. I think the expectations are already defining this earnings season so far. Today was no different. Dow advancing five points, s p dipping 1. 9 , nasdaq dropping 1. 54 . The latter with a little sour push down from the Federal Reserve. House of pain yet, today we got an admonition from janet yellen some stocks are too extensive for their own good. Ill go onto more depth on this later. For now, let me just say that this seemed like some lame attempt by yellen to get tough to show she understands that there indeed is some risky inflation out there somewhere. However, i think the real issue here is that some stocks, especially the small biotech and social media names have huge expectations built into them. Even if everything goes perfectly with these stocks, they are just so overinflated the good news might not matter and could you get hurt anyway. Something almost magical has to happen to justify some of these valuations. Then ag
Shaking their head, east bay basketball fans say its part of a high emotion contact sport. I didnt see anything wrong with it. It was just a little shove, push. All it was. Reporter but, again, the coach is getting a lot of criticism in addition to senator is yee calling for a sus suspension, the pac12 is also coming down hard. A commissioner said that while montgomery will not be suspended, he has received an undisclosed you punishment. Reporting live, jodi hernandez. Nbc bay area news. New details now about the man that was killed on saturday when the speed boat he was in collided with a fe are rry. Reporter the coast guard tells us it was a oregon man who died late saturday night after the boat he was in collided with a ferry that was headed to San Francisco, the accident happened at 4 30 afternoon in the raccoon straight. The man who died has been identified as 68yearold Harry Holzhauer from oregon, his linkedin account showed he is a realtor that specialized in litigation support.