Paramedics as well positioned out here. We saw negotiators out here as well. At this time, the San Jose Police could only confirm for us that it is a barricade situation. This hotel is one of two, this is off of silicone valley boulevard. This started around 6 00 yesterday evening. The guests at the hotel tell me they were told it was a possible hostage situation. At this time, we do not know what the situation is from police, where they are in negotiations or who the person is. And we do not have it confirmed from police that it is a hostage situation. But this is what we are looking at here at the windom garden hotel on silicone valley boulevard. Thank you, we will check back with you throughout the morning. Right now, lets check in with steve. The rain is moving south but really good totals to the north. They keep going up. Certainly, we will get in as many as we can. Mount tam at 2. 67. Fort frag over 2. Windsor over an inch. Ken wood has 0. 82. I know glenn alan had about the same
Calm. Up and Mendocino County, almost 2. 5, kempfield had over an inch, San Francisco and oakland had about 0. 01. It looks like it is about done for some but Still Holding on to parts of lake county, about a half an inch up there. A pretty good line went right through san mat eo coast. And we have 50s on the temperatures and 40s for some. Winter weather advisory for the mountains with snow down to about 3,000 feet. Next system on wednesday, last in the series, the strongest will be here then. 50s on temperatures today. It is 5 01, quiet, not quiet . It is quiet considering it is raining pretty hard in some areas. It is good news that the system is going to move through. I think later on, we are going to have a better commute once it finally gets through. Traffic is slow, and westbound 580, the traffic will be slow as you drive on 205 and 580, the traffic is moving along mine. We also have a look at the commute on dublin to hayward and traffic is moving along fine. No problems on 880 a
Futures coming back slightly, but now goldmans out with a new very pessimistic note on the market. Hp is buying samsungs printer business for 1 billion. Were going to talk to hp inc. s ceo about that deal in a cnbc exclusive squawk box, donald trump saying were in a false market. And janet yellen is keeping rates low because president obama wants her to. Well have much more from that interview coming up as well. First up though, futures are recovering a bit after this mornings losses following the friday selloff sparked by those rate hike fears. This morning atlanta fed president Dennis Lockhard saying theres been enough economic improvement, he says, for a, quote, serious discussion about a hike at next weeks fed meeting. Nearterm theres enough economic momentum to basically say the fed has met its goals, in the medium term, mike. Yeah, seemed pretty noncommittal. Obviously they were going to be having serious discussions at the meeting in september anyway. I think the market, the bon
In the first debate at Hofstra University on new yorks long island. Good afternoon. Its monday, september 26. Im kenny choi. And im michelle griego. The latest polls show that donald trump and clinton are in a dead heat. A new poll from bloomberg shows trump leading his democratic rival by two points. Other polls show Clinton Holding the lead but not by much. As highway is riding on the line tonight. Reporter the audience for tonights televised showdown between Clint Clinton and trump could reach 100 Million Viewers as clintons polls are showing her slipping. Hillary clinton knows she needs to earn the voters trust. Reporter the democratic nominee spent most of the weekend practicing with a small group of advisors and studying the trump primary debate. Trump, on the other hand devoted less time to debate prep but his Campaign Said shes ready. When he is talking about his message and where he wants to go versus where hillary wants to go. Reporter in this debate, trump has to show hes pr
All of the new income and wealth is going to the top 1 . Global oversupply means Lower Oil Prices are here to stay. Thats the warning from the russian minister in an exclusive interview with cnbc. One has to get used to it, learn to live with it and to work taking these conditions into account. And we get the keys to the ikea house as the ceo tells how europe can get its swagger back. The picture that we have is that europe certainly is back and maybe the perception is lagging behind a little bit but reality is that were seeing quite good times here. All right. Lets dig deeper into the jp morgan numbers. A disappointing Third Quarter and revenues missing forecasts. Profits were lower in three of the key businesses. Total income rose 22 but this is thanks to one of tax benefit. Jamie dimon said they faced a promising global environment. Now other financials set to report today, bank of america, black rock and wells fargo, theyre out before the bell and citigroup and goldman will release