We have a lot of cloud cover and we will see we can get some rain out of that. After this system the highs today are still above average. And it got busy and better but now about normal. We have some slowing and we put up the map of the broad area of north bay and east bay and the commute looks okay, and driving in from santa rosa to petaluma some slowing but nothing to write, about. 80 westbound at vallejo looks good but slow at 680, concord and monochromatic. We take a look at Silicon Valley when we come back in a few minutes. Lets get back to the desk the police and San Francisco are trying to find three people that tried to carjack three different victims in rapid succession overnight between 2 30 and 3 00 this morning at third and harrison, ninth and harrison and then at mission street. One of the three suspects was armed with a gun and each attack appears to be random and the police have not made any arrests. New this morning, rough Early Morning start on two freeways in the sout
Be an age in which all kinds of new choices are going to be surfaced for us and we are going to be able to go a lot of places and its good to have a big effect on our cities and at the same time, companies and the city governments are going to be able to manage our movements and that will raise all kinds of questions about privacy comes with just the next stage of the internet revolution. Imagine a scenario, something you write about in you your boo, los angeles come 2028. What should we expect . Guest well, one thing about information revolution is you cant bet on dates. Weve seen it before with cell phones. My coauthor and i were in paris at the turnofthecentury around the year 2000, and we were predicting smartphones are going to change communication by 2003. It turned out that we were way early. It didnt come until 2007. That the changes are still important, so los angeles in 2028, what are we going to see . We are going to see a lot more choices, they will have spent billions of d
Open, wall street looks to close out a recordsetting week. Peacock joins the streaming wars, how comcasts forthcoming platform looks to separate itself from the streaming flock. Joining the four comma club, alphabet more than 1 trillion all together more than 17 of the s p 500. Stocks looking to hit new record highs upbeat news on the economy as Housing Starts rise in december to their highest level since 06 up 16. The and just to put that into perspective we are looking for an increase of 0. 4 amazing, and of course the commentary from tepper and druckenmiller over the past half hour has done a lot. Its fed in the same direction. Well pick apart if weather was a factor in the Housing Starts and the rest but that is when the equity futures took another leg higher when the numbers were reported comes after we got other good housing data its become very hard to decide that the headlines are going to get in the way of a market thats been on this autopilot higher the guys like david tepper
Good. Varney company is about to begin. David lets get right to your money and there is more of it. Markets expected to open higher as china cuts tariffs on 850 products. Come in, market watcher Keith Fitzgerald. Will we hit 29k or even 30k before the new year . What do you think . That is not as outrageous as it sounds. We are within striking distance of that. We got to have a good broad session, but the lack of headlines that are going to interfere with that is key. I think we will get there. David you think of what has happened in the past year and again, a lot of it had to do with the fed, wasnt necessarily because of trade policy, the fed was pushing up rates, that was pushing down the market, but 6,000 points since a year ago, and i think the bottom was actually more than 6,000 points, when you look at it today. What was happening then thats not happening now besides the fed . Well, i tell you what, this is a real testimony to the faith and inspiration and innovation that drives
As of this evening to be impeached by the house of representatives. The president said leading into this he was not going to be watching what was transpiring up today up on capitol hill. Im told as it relates to the president over here at the white house he will be having a series of policy meetings throughout the day, probably making phone calls as well before he leaves for that Campaign Event in michigan later this evening. He did huddle last night here at the white house with Top Republicans in advance of this vote up on the hill today. One of those was Top Republican in the house, Kevin Mccarthy who gave this readout earlier today. Listen. He is focused on what the American People need but it is the strength of who he is. That is why we have a Strong Economy. Why well come out of this. Why, when you look at this, at the end of the day, everything speaker promised democrats, the poll numbers are low, theyre divided. Reporter democrat argue that the president abused his office by try