It is the future. Tonight the metropolitan Transportation Commission voted unanimously to make all electronic tolls a reality. The hope is to speed up the flow of traffic and to save money on operations at the seven staterun bridges in the bay area. Here they are. The richmond san jose bridge. Live coverage from ktvus Azenith Smith at the toll plaza tonight with a look at whats coming down the road. Azenith . The toll takers and the Government Agency tells me 200 of them will be affected when the cash signs will go away and the toll booths will be eliminated. Traffic at bay area toll bridges could soon be smoother as drivers, they will no longer have the option to start and pay cash. I never thought it was equitable. But i also drive a lot in traffic. Reporter wednesday the metropolitan Transportation Commission gave a green light on the 4 Million Contract for an allelectronic tolling system, which means drivers must pay with fast track only. Those with fast track, cameras will capture
And out of beijing. Edward lawrence with the latest. Reporter china added two more items, at least two more items from the exemption list for tariffs. That would be soybeans and also pork. The u. S. , this would fit in line with a purchase that was confirmed by the u. S. Department of agriculture today of soybeans by china and chinese companies, possibly in the future. We could see more pork bought from u. S. Farmers. Now the President Trump says that he exist as Large Purchase from u. S. Farmers by china. The president also adding to the confusion about an interim deal that has been floated. Now yesterday the president coming out saying that he would consider it but then in the same breadth the president came back, said, quote i would rather get the whole deal done. U. S. Trade representative robert light highser is working on the whole deal now. In fact the deputy level trade Delegation Team from china will be in the United States next week to have meetings there to set up a meeting
Has come out to say that it will try to encourage more investment to boost growth. Encouragement for investors at this point. Turn the pages, taking a look at where the currencies are. The pound is in focus. After whate support inspired overnight. Crude at 54. 19. Never mind that the public is looking pretty dim. Gold is getting support. Perhaps it will get to 1600. Athaad lets have a look what is likely to happen in india. Steep losses could add to the losses we have seen in the last few days. We are looking at a decline. When things get underway in about 43 minutes from now. The 10 year yields, not seeing that Much Movement were looking at the shadow banking crisis. Looking at the 10year yields. 6. 52 . Hittinge, at one stage 72. That is the weakest level we have had all year for the indian currency. We have come off those lows and we are trading. Lets find out what is happening trade wise. President trumps warning china that trade talks will take a new tone after the 2020 president
Restarting next week thathelped things in asia. In europe, its a bit of a mixed picture. The dax up by 0. 1 you do see red arrows for both the cac and the ftse the ftse, well talk more about Boris Johnson who will become the Prime Minister there today ftse now down about 0. 8 stocks are flat in italy and in spain. If you check out the treasury yields here in the United States, you will see this morning the tenyear is yielding 2. 057 the big story of the morning, shares of Big Tech Companies like google, amazon and facebook, theyre under pressure after the u. S. Justice Department Said theyre opening a broad antitrust review of Technology Firms the review was scrutinikru desie if these companies are stifling information and harming consumers. The Justice Department does not name specific companies, but it is likely to encompass google, foos facebook this is the real first shot across the bow by william barr and the doj. You know you have the democrats, you have the republicans also afte
Toniitt. To start we have Steve Liesman who will tell us what is ahead for the central bank, but first dominic chu has the outlook fks stoc reporter after a blistering run for stocks in the first half of the year, here are three things to watch as the markets head bnto thek half of 2019. First, trade. Deal or no deal . Despite the fits and starts over trade negotiations between the u. S. And china,e investors h largely been optimistic that a resolution will come to pass, but what happens if things drag out . And were not even getting into what happens if america decides to stir things up with other trading partners around the globe. Cond, the fed. To cut or not to cut . That is the question. At this point markets are largely expecting that the Economic Data will lead the Federal Reserve to ease financial conditions by cuttite benchmark rest rates. Will it push the stock market to record highs or signal weakness ahead . And third, mega cap stocks, specifically those in tech,ic commion s