Im Francine Lacqua in london. We have a lot to get through today. We have quite a lot of news. Mark carney and Philip Hammond, and we will get on to brexit. First, let me show you your markets. A lot of the movement we saw in the last hour reports to what we heard from the chancellor and the boe governor. I would suggest it is really what is happening in the u. K. That many to look at. 675. Can see the pound, 1. 2 when it says market matrix, it is basically the difference between the two year gilt yield and the 30 year gilt yield. That curve is kind of flat. The u. S. Dollar, pretty much unchanged at 1197. The two year u. S. Yield, 1. 36. Lets get straight to the bloomberg first word news. Fourter barclays and former executives have been charged with conspiracy to commit fraud. The u. K. Fraud office said john varley and roger jenkins, and oth faced charges, along with the bank. Barclays says it is closed considering his position in relation to the allegations. U. K. , a 47yearold man
West. I expect sun and clouds mix later on. Temperatures, 69 degrees in philadelphia. Still in the upper 50s in reading and allentown. 66 in wilmington, 61 in trenton. 70 in cape may. The dewpoints this morning in most cases are treating us pretty well as you get into the southern bay and down the the shore, mid to upper 60s dewpoint numbers indicate more noticeable humidity. In philadelphia, that 60 is not a bad number. Noon, 84. 3 00 p. M. , 88 degrees, it will get more humid into and through the afternoon. 5 00 p. M. If youre out doing a jog or Something Like that it will be stickier right now. The big heat comes in tomorrow, back in the 90s and oppressive humidity and drenching storms. Ill talk about that in the exclusive accuweather sevenday forecast. Weve got a jam on i95 thats starting looking live at girard, this is northbound traffic which is usually smooth sailing on i95. We have a disabled tractortrailer and blocking a lane. All of a sudden a jam on i95 northbound at girard.
Dune project in margate can continue with conditions what this means for your weekend down the shore. Carson went,. First team looking good from the season debut. Rest of the team they need some work,. Yes, it is friday, august the 11th, now sue, it is fantastic to see you here. If you are just joining us, she had a little problem getting in the parking garage, here at fox. Shes in a car. What was the problem. You get confused between gas and brakes. Are you all right. It was in drive instead of reverse. She just tried to avoid paying the toll. Very nice to have you run over. I was right there right behind. Love the vest. Ready on three, one, two, three. Are you, im very excited about this. I dont know why. It is history. Total eclipse of the sun. I cant see a thing. We have a guy coming in from wills, Wills Eye Center on walnut street because no matter how blocked the sunnies you cannot stair in the sun. So how will you see this. Wills is putting out these things. That is one way. Ano
Investigation of clintons emails with an unprecedented public condemnation. They were extremely careless. Then revealing the investigation was reopening two weeks before election day. Democrats applaud the Justice Department probe of comey. Meanwhile, Donald Trumps team you are fake news. Is still asking accusing questions of the cia and sister agents. Why intelligence officials or other people are leaking to the media even though director of National Intelligence James Clapper called trump to deny his people leaked the unverified report that Vladimir Putin might have something on trump. Mike pompeo, nominated to head the trump cia, testified today he will focus on russia. Indeed, i would expect the president elec that of me. James mattis testified working with russia is less likely. There are a decreasie ining r of areas where we can engage cooperatively. The president elect today tapped Rudy Giuliani to advise him, the new president , on how best to fight hacking. Coincidentally toda
We are looking forward to a year of trying to make more progress on an issue that is of great concern to all of us. Just a recap of last year briefly. Last year the comprehensive addiction and recovery act was passed by the house and senate and passed into law. It provided with resources to address the opiod and heroin epidemic. We passed the act at the very end of the 114th congress. It added an additional 1 billion of funding to combat this epidemic. The house rolled out in the course of one week 18 bills last year that really became the foundation and much of the detail of what ultimately was passed into law. There is still a lot of work to be done. Last year over 52,000 americans died of a dress overdose, 52,000. 33,000 of them were opiod related deaths. Thats hundreds of people on any given day that are dying. This week is just beginning and we lost people already. First we educate members of congress and issue of affordable and effective treatment, Law Enforcement issues, etceter