Single day and several a day, as well. We have been getting rain it seems like every, single day. Today we have a break in the activity according to our hi def Doppler Radar a stray shower so keep that umbrella handy just in case. Temperatures 40s and 50s out the door and today mostly cloudy skies, highs in the 50s and 60s. And checking the roads right now, we have had a stalled vehicle that now turned into an accident. Its at the tunnel bay bridge upper deck causing a bit of a backup there now. We have Highway Patrol on scene there. Its blocking at least one lane. So heads up as you work your way through there. As you make your way towards the toll plaza this morning, we have a bit of a backup there in the cash lanes. Fastrak users, youre cruising right through but the other lanes backed up beyond the parking lot in the cash lanes. Westbound 580 Altamont Pass no problems although there is a pothole in the number 2 lane at north flynn. Thats causing vehicles to swerve around it. So be
Fairfield. It has been soggy month. We are above 10 of rainfall in San Francisco, the first time in nine years we have had doubledigit rainfall in San Francisco and its still raining tonight. Now were looking all the way back to july 1. The water year. Were about halfway finished. These are promising numbers. We are nearly doubling our average rainfall in San Francisco and oakland for the water year and in san jose we have more than doubled it. So a tremendous amount of rain making a mess of the evening commute. Big pattern change. We are going to dry out. Find out when that happens. Thats coming up. Paul, thank you. Kpix 5s da lin continues our team of coverage from the south bay with the good and bad that comes with all this rain. Reporter its been a rainy cold night in the south bay. Were near 17, a lot of drivers heading home as we speak. And highway 17 is known for mud slides and downed trees during severe thunderstorms. Were not seeing any major problems right now. Were seeing a
Yes. Reporter in america, its a comedy but in north korea, it is nothing to laugh about. I never heard this before in my life. Reporter james franco and seth rogen star as journalists trying to kill kim jongun. One week until its release a cryptic threat seemingly from north korean hackers dubbed guardians of peace. In my country, its pronounced stallone. Reporter the world will be full of fear, remember the 11th of september. In a statement, sony said, we have decided not to move forward with the planned december 25 theatrical release. Sony said it made that decision with paramount interests in the safety of employees and theatergoers. Even at the metreon in San Francisco tonights showing canceled. Reporter you think it was a good choice to cancel the movie . Uhm yeah, i mean, when peoples lives are in danger, yeah. Reporter but much of hollywood didnt agree with sony pulling the comedy. Steve karel writes, sad day for creative expression, hashtag fear eats the soul. Jimmy kimmel an u
Last four sessions. At this pointed, the dow is now back in positive territory for the year. Still, if you look at where we stood just a week ago with some of the concerns about what was happening, it looked like things were going to expire, but were headed back there now. Well see what happens as we get through to some of the news coming out today. We do have on our agenda this morning Economic Data and earnings from the Worlds Largest retailer. At 8 30 eastern time, we have two reports. Jobless claims and july import prices. Walmart is set to post Quarterly Results. Thats expected around 7 00 eastern time this morning with all that weve heard from the retailers including macys with numbers not as strong as people had expected. Thats going to have people watching very closely to see what walmart has to say about the consumer. Well be hearing from kohls before the opening bell and then this afternoon we have jcpenney. Weird about europe, is it not . When they finally resession . Well,
What was predicted the what the walmarts woes say about the broader economy. And housing disconnect. Home builders are more optimistic than they have been in eight years. Nightly Business Report for thursday, august 15th. Good evening everyone and welcome. The drip, drip, drip of sliding stock prices turned into something more today, Something Like a tarrant. Investors digested troubled news with walmart and cisco and claims mean the Federal Reserve will reduce stimulus sooner rather than later. The dow is 546 points or 3. 5 below the alltime high hit on august 2. The s p 500 is 48 points or 2. 8 below the peak set that day. New todays sell off accounts for half of those declines from the alltime highs, the dow down 225 points, the nasdaq lost 63 and the s p 500 lower by 24. But it wasnt just stocks that fell today. Bond prices tumbled, too, largely on the fed fears. The yield on the tenyear bond is 2. 77 , its highest in two years. Also moving up today were gold prices. They spiked mo