Burning statewide. And the Toronto Raptors defense of their nba title officially begins this afternoon. They are among eight teams playing on the opening day of the pandemicdelayed playoffs in orlando. Those are some of the top stories on this monday, august 17th. Thank you so much for joining us on this monday. Happy to have will reeve here, as well. Glad to be here. We begin the half hour with the Postal Service crisis in a dramatic move by House Speaker nancy pelosi. She is calling for the house to get back to work. Critics say those costcutting delivery of mail, medical prescriptions and paychecks and they could have a huge impact in november. Abcs got more. Reporter the battle over mailin ballots in the u. S. Postal service intensifying. House Speaker Nancy Pelosi, cutting the august recess short to deal with the unfolding crisis. We have to do everything that we can to get rid of the new postmaster general who is a Campaign Contributor for trump trying to undermine the Postal Ser
High temperatures in the low 80s for the family this year but her visa was missing. There today with that high with the familys visa set to humidity and then some 70s over expire, they made the difficult decision to leave her with the next few days. Neighbors in egypt. So well talk more about this, but a lovely reunion at sfo. The excessive heat warnings, the spare the air alert and also glad to see that. Where it is raining this well it is time to get aur morning. There is a lot going on. Lost look at the hot vianey, do you have a lot going temperatures for you this on this morning for the commute . Morning. Kari . And were going to see our you know, i dont. Inland areas reaching over 100 but that is always good when it degrees today. Comes to traffic. And also with high humidity, weve seen some traffic well see that weather accidents clear, overnight continuing as we look at our crashes clear and that is exactly what were noticing right now on the speed sensors. Sevenday forecast, un
Spreads a little holiday chiara. Very good holiday for this one name all right. Thats not obviously all thats going on today so let us begin with the latest developments out of washington, d. C. , we are looking at the live look at the house floor. Lawmakers are closing in on a vote to impeach President Trump. Kayla tausche has the latest details. And the likely time line for you now, kayla. Brian, there is roughly two hours left of debate and remarks from Party Leadership before the house takes up a vote on two articles of impeachment against the president of the United States we just heard from the two congressman from texas moments ago. Republicans have lebron jamesly argued that President Trump is falsely accused of wrong doing by a party who doesnt like him. Democrats tried to argue that history will be on their side. A few moments ago we from justin amash who left the Republican Party earlier this year and may have president ial ambitions. He is going to be voting for impeachment
Hour dow down by about 40 points, nasdaq up about four points. Watching the treasury market, youll see the yield for the 10year is at 1. 875 we have a big dip in the bri british pound. It fell more than 1 the government is looking to make it illegal to extended post brexit exit period theyll have to the end of 2020 for the transition period. Thats the time the eu will continue to apply if still a member Boris Johnson wants to cap that period to just one year to help fast track a trade deal with the eu looking past you phil to phyllis here boeing is down five, so it is flat again yesterday, we would have been up a lot more boeg is suspending production. Boeing plans to reassign workers and doesnt expect furloughs or layoffs but it will have ripple affects and impact thousands of jobs over a ripple across the supply chain it is not going to hike. Phil is on set with us it is better they can save some money. I cant believe you could build four of those in a month, which tells you the size
Me jimcramer help the employment, not a recessionary number, fed on the side of the bulls, consistency in china what more could we want out of stocks no wonder we reversed yesterdays loss and put on quite a show hall helujah rally climbing. 97 to record levels and nasdaq pulling 1. 13 , also a record. We spent the whole summer hearing expests warn that the economy is heading for a recession. And the stock market toward a cataclysm. I told you that was probably nonsense consumers have been very, very strong we have a weak Industrial Base so the fed needed to give it a boost and thats what happened this week. That why todays rebound from yesterdays suppressed levels makes perfect sense. All right. Thats history can the run continue i think it can let me tell what you could help. Lets start with monday. On monday, you have heard me speak of him many times on the show, alwaysbankable ceo of adobe. Hes holding what could be a semiabilityist meeting to said the crowd. They have been the bigg