Mid 70s to upper 80s for our bay and inland temperatures during lunch. Notice a little bit of relief. Not as hot as it was yesterday, still above average. Mid 70s to 90. Well talk about the triple digits this weekend coming up next. First, say good morning to francis. Good morning, mike. Better news, westbound 80 traffic is improving. Still sluggish traffic westbound 80 as you make your way through pinole. Heavy traffic, usual slow and go westbound 205 as you make your way from tracy into the altamont pass. Here is the drive time on the westbound 80 ride which has vast limb proved. Highway 4 to the maze now 21 minutes, back to green. Green on the bay bridge. Westbound green as well 101 southbound San Francisco to sfo. Here is a live shot in the north bay. Southbound 101 traffic looking good on the righthand side 101 down to San Francisco. San Francisco City leaders are taking steps to improve Street Safety for pedestrians following this horrible crash. It killed a man in San Francisco
More than a decade earnings in focus, state of texas, ea, match, humana and amds chief lisa su will join us later this hour. Apple sports books reportedly reaching a new streaming deal with the pac12 lets begin with the fitch downgrade. Downgraded the u. S. To aa plus you talked about this last night. Is the market shrugging it off or not i think it has to in some ways, its just an upgrade of the way we run our country, and i think you want to go back and think, well, what happened in august 5 of 2011 when the s p downgraded us s p was at 1,119 it had gone down to 1,095. So, there was a big decline. Then, one year later, it went up so, in other words, if you just take the worst case scenario, which is what happened in 2011, it was an amazing buying opportunity. And when people looked at it, i think they said it was quizzical. Tim geithner was very angry, said it was wrong. This one says, youre a completely dysfunctional country, and we recognize that but all countries are dysfunctional
Fed, the chair saying inflation is still too high. Weve got a big day for apple, which will report its earnings after the bell, this amid signs of an iphone slump and, of course, potential struggles in china were keeping an eye on shares of carvana. They are up as much as 40 in the premarket. Remember when that thing was close to bankruptcy . Well, this was a recordsetting quarter, and were going to talk with the ceo that will be next here on squawk on the street. Lets begin with the markets and the fed, the day after the chair delivered this message on rates. Its unlikely that the next policy rate move will be a hike. I would say its unlikely. You know, our policy focus is really what i just mentioned, which is how long to keep policy restrictive. Lot of takes today, jim bmp unequivocally dovish, you agree . Thats a hard one, because i think that b of a saying fomc meeting, wait and see. Fomc bias here, Morgan Stanley firm hold with the firm hold. Fomc stalling for time, wells fargo.
Zbla good morning, everyone, im scott mcgrew. On tuesday amazon announced it would join the countless numbers of services delivering lunch to San Francisco. As amazon really means business, offering free delivery of your health smoothy or greasy burger with no upcharge. And amazon joins Services Like uber eats and door dash in the food delivery business. Door dash Just Announced a deal with carls jr. And 127 million in new funding. Tony chu and troy wol verton of the mercury news. I want to talk about that funding in a second. There is one bit of business, our set looks different and thats because were actually borrowing the set from our friends at telemundo to do the show while we build a brandnew studio. Might switch to spanish. Lets hope not because i can get by with a Little French and thats it. Lets talk about amazon. This is brandnew news since you and i arranged to have you on the show. Amazon swooping into your business. How is that going to go . Were very excited that folks li
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