Morning, august 27th. Dave, like you, nice cool air coming in in marin county but i have to tell you a very big smell of smoke. As we check in with mark tamayo i know it will heat up today and im afraid it will get worse. Yeah, it will not be a huge warmup but your observation is right on. We are seeing a bit more haze and smoke drifting over had this morning. And remember, we still have to spare the air alert right on through friday. The major story overnight was hurricane laura making landfall as a powerful category four storm in southwestern louisiana. Cameron, louisiana with wins of 150 miles an hour. We will be watching the storm all morning long. For us in the bay area, we have low clouds and hazy skies into the afternoon hours. The forecast i should be just a little bit warmer compared to yesterday. Yesterday was actually cooler than expected. Today a little bit of a rebound in most amateurs. Lets check in with sal, he is watching the roadways this early thursday morning. Good m
And trading hacks turns out the u. S. Hacked north korea before the Sony Pictures attack. We begin with a look at the president s state of the Union Address. Mr. Obama is expected to call tomorrow for a like in taxes for wealthy. Hes also expected to propose tripling the childcare tax credit and lowering College Tuition all by the economy. Tom harken has more. The Silver Lining with the gdp poomg the fastest growth since 1999. The gas prices dropping to 2 a gallon as an average across the country. An extraordinary economic story but what is that black cloud . Job and income growth. Incomes have stagnated. Have not seen the benefits of a growing economy many workers 60 to 70 of workers so youre going to see the president really hitting on that. Proposing new ideas and you are going to see republicans seizing on that over the course of the next couple of weeks. Weve seen the president over the past few weeks touring the country talking about his ideas to share the wealth of the country,
House correspondent Phil Mattingly joining me here in new york, following development as the u. S. Government prepares to say north koreas behind the cyber attack on Sony Pictures. Click last night, president obama said americans should go to the movie theaters, but behind the scenes at the white house there are serious reverberations about what has been going on with sony. There have been a series of meetings between the president S National Security team, Law Enforcement officials, and intelligence officials as well. That u. S. Sion investigators have determined that the north cream government has had a significant role as an actor in the attack on sony. What does that mean . U. S. Officials are still debating how to respond, but there are a number of responses in play right now. And the big question white house officials are trying to answer is, what should they do . Class the other big question, why . Why was this done . Why was this done to sony . Yes. On the investigation site ha
The s p, dow, and nasdaq all healthfully in the green. N europe, the major markets up asian stocks closed higher, as well. Vladimir putin is trying to reassure russians about their struggling economy. At his annual press conference, he predicted the current prices will last two years. He criticized the central bank for not moving faster. Pretend lanes outside factors Vladimir Putin blames outside factors. This is caused by external factors, first and foremost. But we believe that a lot has not been done by us of which we planned for our economy. You would expect him to say that you he accused the u. S. And European Union for trying to undermine russia with the sanctions. He says it is response will for 25 to 30 of russias problems. Toece is one step closer early elections. The greek Prime Minister failed to get enough support in parliament for his choice for president. There will be two or chances. If he cannot get support, the parliament will be dissolved. Opening the doors to cuba co
Us can see but is a danger to us all. We are live as well in cuba as the dust settles there after yesterdays historymaking announcement to normalize relations. So whats business like there now . Michelle carusocabrera has gone in search of answers. First, though, lets go check in with sue at the nyse. Hi, sue. Hi, ty. And were at the highs of the day, as you said. A huge rally on wall street today. And basically its been two days that have taken us up about 3 , 600 points. We are at the high of the day. And bob pisani joins me here on the floor of the new york Stock Exchange. Santa claus is coming a little early. Why are we up 300 points . I dont know, i asked you. Thats why im here. Thank you. They pay me to do this. Number one, oil is trying to stabilize. Thats the most important thing. Number two, the fed is perceived to be sympathetic to the stock market or helpful to the stock market. And finally all in on the u. S. On the part of the europeans. The germans bought heavily this mor