Miss when it comes to consumers. Home goods are seeing good money flows, but retailers are spotty. Macys, urban outfitters, but lowes at home depot, they miss. Instead, its flowing from one business to another or from a government to the business. After the dow advanced 66 points and climbed to a new high, and nasdaq also hit a new high up. 22 , we see that at this very moment, these money flows, you have to be investing in companies that dont cater to just the consumer. Albeit, some rare exceptions, and instead, zero in on those that make money off the enterprise, as they call business. Consumer spending on hard business and one of them, and that is why the ceo of lowes is on tonight show. Its not time to start spending on big, Home Improvement projects. He sums it up pretty well, and i quote, uncertainty around inflationary cuts, and spending on Discretionary Services and experiences continues to weigh on the doityourself Home Improvement demand. For many homeowners with low or no mo
The Clear Conditions will stick around because of High Pressure. I will talk more about that and for the north wind expected to reach out, coming up. Good morning. It looks like all lanes have been cleared and the crash and chp left the scene on southbound 680 near calaveras road. We had a crash earlier and we are dealing with residual delays. Be on the lookout as we come out of pleasanton. Traffic is dipping below the limit around 45 miles per hour. Westbound 580, a slow ride this morning coming out of tracy. The only one who is trying to do this going into manteca, a big accident blocking lanes along westbound 120, right at the five. Expect slow downs through that stretch. 27 minutes near 680, the east shore freeway in the green and looking good at the golden gate bridge. That is your traffic. Back to you, michele. The lanes are open on 380 in san bruno after a shooting in police actvity on the highway that shut down the westbound lanes overnight near 101. We have more from the scene
This afternoon as the school board tries to come up with some kind of solution here, vern. Reporter trouble in the class appear to be ahead brian at this point the School Districts solution appears to be to cut off funding and revoke the schools license. Its the only Charter School among more than 80 city wide that that currently faces revocation of its charter. This is the ninth and sedgley building the Charter School has been occupying for years but now the landlord wants to evict them as the charter created in 04 continues drowning drowning in hundreds of dollars of red ink owing money all over town. All classes k through eight were shut down a week early in june without warning or ceremony. Teachers tell me they have resigned en masse and found new teaching posts elsewhere. Were protecting their identities. Now were going on three paychecks we have not been paid. Reporter what have the officials told you so far. Theyve told us nothing. Reporter we were unable to contact anyone on t
Jersey coast. Good evening, im jessica dean. Im Ukee Washington. Eyewitness News Reporter david spunt is in our Satellite Center following this story and what experts say it all means. David . Good evening, a lot of people talking about this. There is no indication that this spy ship has anything to do with the resignation of president trumps security advisory general michael flynn. The ship is about 70 miles off the coast to coast of the United States in international waters. David martin is the National Security correspondent for cbs news, hes been on beat 25 years with the network and is watching the ship movements. Having russian intelligence ships off the coast of the United States was in every day occurrence during the cold war. Reporter it eventually stopped. And martin said it picked back up a couple of years ago. The ship left cuba and was likely set to travel to the connecticut coast before heading back to cuba heres what the russians are good at. Mind games, and they play th
Once again ready to lead. President trump stands before congress for the first time. He called for unity asking both parties to join forces. Good evening, im jessica dean im ukee washington. The president also addressed recent acts of vandalism at jewish cemeteries including one in philadelphia. Reporter david spunt is live in the stat center with more on the president s speech and his message. David . Reporter tonight was an address to a joint session of congress. Technically not a state of the union speech but the tone was similar to what you would hear in the state of the union speech. It was the first time he addressed congress and many say the president struck an optimistic tone the president of the United States not even six weeks on the job and President Donald Trump had perhaps his most difficult task to date. Addressing his political friends and knows before a national audience. Im here to deliver a message of unity and strength the first few minutes. President mentioned the a