2024. Crucial testimony. Donald trumps former fixer Michael Cohen is back on the witness stand. How he connected the former president directly to the hush money payments at the center of this case. Striking a deal. The former interpreter for dodgers superstar Shohei Ohtani appeared in court today. Well break down the plea he negotiated with federal prosecutors. On the move. U. S. Intelligence indicates that Israeli Forces could push deeper into the crowded city of rafah. And gut check. Nauseous, heartburn indigestion, why what happens inside your belly is so important. Im excited to get a little bit more informed about how to take care of ourselves in that arena. Well start this hour with critical day of testimony in former president trumps hush money case. Michael cohen is on the stand for the second day, prosecutors say hell be their last witness now. When prosecutors asked why he lied repeatedly about what the payoffs were for, cohen said he did it in order to protect mr. Trump. App
Im audrey asistio. Welcome to nbc bay area news at 4 30. Were going to tell you about the crucial vote that happened just hours ago. That will hike up water prices. Were also tracking other stories on this tuesday, including some news that shows just how hard it is to make it in the bay. The median home price in Santa Clara County just hit a new high mark 2 million. Our scott budman breaks down the new numbers for us. Also, protesters chained themselves up outside a google conference in Mountain View today. The demands theyre making from the Silicon Valley giant and take a look at this. Sick pelicans are popping up in the bay area and beyond. Why so many of them are needing to be treated are Jodi Hernandez goes to the International Bird rescue in search of those answers. But lets go ahead and begin today with your water bills. Because if you do live in the south bay, the price you pay is about to go up this afternoon, valley water approved a nearly 13 rate hike for much of Santa Clara
It is precisely 10 00 eastern time. Modest gains at best, gains up 50, nasdaq up 9. Not much Price Movement following a sharp letter price index report. People are waiting for the Consumer Price index that comes out tomorrow. The yield on the 10 year treasury around 4. 5 . 446. That yield is down. Price of oil 78 a barrel. 78. 83. Bitcoin struggling around 62,000, 616. Now this. The president delivers a big speech on the economy. Time for some honesty. This economy is not working for most people and the president should admit it. The problem is inflation which is two key groups particularly hard, low income people and young people. Inflation is eating up any wage gains. The less you make the more you suffer, low income people are suffering, the president should get on a stand stop blaming corporate greed or shrink inflation. That is misleading spin. If he were honesty would admit some of the inflation is the result of the vast spending put in place when he took office. Is inflation is
Sara eisen great to have you with us lets get straight to the markets. Extraordinary seesaw session yesterday. The dow up 300 points at one stage in the morning, around about midday lunch time, started selling off, such that the dow ended off 58 points or 0. 25 those intraday swings were similar across each of the indices. The s p ending lower the nasdaq ending down 1 . Definitely the same theme throughout the day whether we were at the peaks or troughs thats the selling of things like tech and buying of things that could benefit from a lower Corporate Tax rate like financials this morning you can see a similar theme once again the dow is higher. The s p is fractionally higher but the nasdaq is lower. The dow up 8 4 points. Tenyear treasury note did rise over the weekend to cross above 2. 4 , but slipped a bit yesterday. It is below that level still today, 2. 38 on the tenyear. Look at whats going on arou around the globe ahsia is mixed but mostly lower. The south korean kospi is highe
Me jimcramer the internet gives you the ability to comparison shop for anything younger people reach for whats on sale or what can create the most exciting experience those choices are rolling the whole market a lot of investors fail to understand the implications, especially on big rotation days like weve been having the dow dipped 109 points after being strong for a while s p declined nasdaq dropped 1. 9 for those who have been struggling with that it didnt used to be this way. In the old days children bought the same brands their parents bought to deviate was to disobey. Or question the judgment of your elders that was a big nono it sure made stock picking easy, didnt it . Whoever had royalty won, those were the stocks you wanted to buy, those were the days now its the absolute opposite now nothings etched in stone and consumers, well, they often see big brands as ripoffs. Of course, some of us are throwbacks im a throwback. I use old spice deodorant, my grandpa used it. I got an Am