Sunshine. 59 in san leandro. Look how mild it is compared to yesterday with the cloud cover and the moisture. The winds, upper elevations, these are work down to the surface keeping it cool and breezy for your thursday. Good morning. Good morning. And good morning to you all. We have some conditions out there, some issues to deal with. Lets get to it. As you approach 680, 580, interchange near dougherty, lane blocked with an accident there. Accident westbound 580 near grant line, its blocking the left lane. Typical slowing behind that there. Give yourself extra time. You can take an ace train. Just a heads up, systemwide, b. A. R. T. Today will be experiencing the shakeout warning at 10 17, they will slow to 27 Miles Per Hour, then they will stop and briefly hold. If you plan on coming into the city or wherever youre going this morning, at 10 17 there will be some brief delays there. Happening today, the Worlds Largest earthquake drill is taking place in San Francisco. This is part of
The golden gate bridge, not looking at that wet pavement now, temperatures are mild into the east bay, upper 50s in concord. Good morning, sue. Good morning. Were headed to the bay bridge toll plaza, we have another issue, we had earlier with a big rig accident toll lane 15, now were talking about toll lane 13 with bmw that got into an accident. Metering lights are on. Theyll try to move that accident over to toll lane 14 which is closed. Just give yourself plenty of time. Youre looking at a solid backup into the macarthur maze. Back to the grinolden gate brid we have this road rage incident its coming out of the span neither Robin Williams tunnel. Two left lanes blocked with as many as six vehicles. Theyre trying to push that off to the shoulder and off to alexander avenue. Hopefully that will beraffic ba Robin Williams tunnel. The two left lanes coming out of the tunnel near alexander. Well be back in a couple of minutes with another update. Ilis h today in san quak francisco. An int
We have full coverage. Were down almost a percent right now and the small cap is down by 1. 6 take a look at the stock netflix down 4 . Well have much more on these moves later this hour. Kelly. Lets begin this hour at the United Nations where President Trump talked tough on china seemed to turn markets and the headlines about impeachment sending us lower e eamon has the details. Reporter the president taking a tough line on china today suggesting that theyre guilty of intellectual property theft and putting that in the context of a deglobalization of the overall World Economy saying leaders for too long have participated in globalization that hurts their own citizens. The president has been ticking the opportunity throughout the day to defend himself on this burgeoning ukraine scandal even as democrats are talking up the idea of impeaching him here is what the president had to say earlier today they have no idea how they stop me. The only way they can try is through impeachment. This
Lets take a look at what is happening in asia too. Those markets were closed. Hang seng off by. 1 and the shanghai up about a quarter percent. Youll see at this hour, slight gains across the board italy up three major averages up. 1 to. 2 . The tenyear is yielding 1. 772 . The 30year at 1. 28. We were just talking about all of this. All of those moves made. Pretty confusing to figure out what was happening and why i think there are a lot of people looking at a lot of these small events and does it have bigger implications. In this environment where everyone is feeling uncertain. I think these fractures make more people nervous. Whether this is a bigger issue, i will know this weighs on investors sieky i had a 2007, summer of 2007 bnp scare. There was maybe 2 billion that was frozen, sub prime and there was a freak out. At the time, it didnt feel meaningful this is the first time the fed stepped in the only time they did this was in the middle of a crisis. Thats right. This is a warning
Wall street Global Economy editor Jon Hilsenrath. Great to see you guys. We have a lot coming up. James carafano. Mohamed on the economy and markets, former pennsylvania governor on 2020 race and policy director Peter Navarro joins us talking trade, markets and the fed, dont miss a moment of it, big 3 hours, markets have a firmer tone, mix trading dayiest, we are waiting on crucial speech this morning from Federal Reserve jay powell, the central bank chief addressing commentary policy and future rate cuts, we have Jon Hilsenrath to tell us what youre expecting, jon. Jon itll be hard for powell to go on a limb, theres a lot of Division Within the fed itself. We talk about the pressure that powell is under from President Trump. President trump wants him to cut rates, theres some he is attendance as we reported earlier this week about half of the Regional Bank president s, one eager to move rates down at the last meeting, powell has to set the table carefully. You had exclusive and fantas