Welcome back. The relationship between the United States and china has been severely tested during president biden s term in office. But since may last year, the Us National Security adviser Jake Sullivan has developed something of a connection with wang yi, the senior Foreign Policy official in beijing who answers directly to xi jinping. They met four times in the last year, a channel of communication that has served as something of a Shock Absorber when tensions arise over taiwan, ukraine, the south china sea. Today, sullivan arrived in beijing to continue that conversation, with some suggestion that the two president s might be laying the ground for another meeting Beforejoe Biden Leaves office. Its really interesting, this, annabel, because it seems Jake Sullivan is the back channel between washington and beijing right now, and to what and . Because theres been some Sabre Rattling in respect of ukraine and the special materials ageing is applying to russia will do you think it coul
Came on our air and said they were bullish, in part because everyone is so bearish each one took turns explaining how those bears would turn into bulls, propelling stocks higher. Buy, buy, buy. Just one little problem when one strategist says everyones bearish, thats a listen up moment when two strategists say everyones bearish, you might get a little suspicious. When three bigshot strategists say everyone is bearish, you got to figure the consensus is wrong. We dont have too many bears we have too many bulls and maybe thats why the averages rolled over today with the dow tumbling 317 points, s p sinking 1 , and, by the way, things were a lot uglier for the dow in the early afternoon you see when most investors are bullish it means there is no one left to buy. They have plenty of facts on their sides. Everything from low Interest Rates, massive earnings, liquidity, i would let any of them manage my money if i were allowed to have money managed. Unfortunately, these positives have a whi
Higher. Plus, were going to have more opposition it appears to the border tax. The ceo of jc penney says it makes profitability virtually impossible. The Corporate Tax myth, a new report showing many of the american Largest American Companies pay no taxes at all. Within that headline number of course the better than expected jobs report shows private sector payrolls up by 227, construction up 58,000, thats the most in nearly a decade. Average Hourly Earnings up, numbers coming ahead of next weeks fed meeting in which policymakers are expected to raise rates. That construction number driven perhaps by trump rhetoric or policy. Perhaps by a warm weather in february and very little snow across the country. Well, ive got to tell you, i always like to look at where the jobs are created. And ive been waiting for construction. I love construction jobs because theyre such a great ripple effect. Construction punches way above its weight in the u. S. Economy and increase by 58,000. I also like t
Southern border of Santa Barbara county. If you eat them, you might regret it. Its a naturally occurring toxicken that related to the bloom of a plant called pseudo [ indiscernible ] it causes vomiting, diarrhea, headache, cramps for days or it could kill you. Marine experts have no idea what caused it and when it might subside. As a result, the state is recommending the delay of the crabbing season and that the rock crab fishery be closed. This is devastating for crabbers who come from all over to make half their income for the year. Its scary. Reporter its up to the California Department of fish game to set the dates for the crabbing season. They are holding an emergency meting in sacramento on thursday at 8 a. M. Live in Half Moon Bay, kiet do, kpix 5. Lets take a live look outside at the bay bridge in all its glory on this hump day as we approach the weekend. We are kind of cold toda. Is there no crab for thanksgiving now . I dont know. You know what im eating for thanksgiving . Tu
Very latest. Emily, what can you tell us . Reporter its a parents nightmare. Those two 12yearold boys with lifethreatening injuries. They were hit in the shady crosswalk here this first one and thrown into the second crosswalk right there in the sun. It happened about 8 30 this morning. These boys were on their way to Marina Middle School when a young woman hit them. Again, these boys were in the crosswalk so they were doing the right thing. The woman, though, who hit them is cooperating with police. As far as charges are concerned, well, its the speed and whether or not she was using a phone, thats part of the investigation and she is being interviewed. This is a 25mileanhour speed zone though because theres several schools in the area. And neighbors say speeding has been a problem here as well as drivers who are distracted not paying attention. Im not surprised. Theres a lot of high speeding on this street. Its a street when we get on it ourself that we always use our flashers and us