High surf advisory and rain falling and mostly in the north bay and we got lesser amounts here. Oakland 300ths of an inch and. 2 in more raggo and almost an inch in mill valley. North of mill valley to the cazadero area an inchanda half. Rain and making a mess of the afternoon commute. Currently you see the showers really focused on point marina northward out of our area and that is where the heaviest rain is falling. You are getting significant rains up in the lake Shasta Orville area and that those are the prime reservoirs for the state of california. How that goes, even though bay area not getting dumped on the reservoirs getting rain and will continue to get more. This one is winding down as the afternoon commute winding down so is the rain. We will dial more weather up for and just know if you are waiting for somebody to get home it may be a slow go with wet roadways. We want to show you a look at the traffic conditions on this friday night. The current conditions. The green means
From las vegas, with two bigname interviews from the 20 conference. President obama is meeting at this hour with Federal Reserve chair janet yellen at the white house. This is the president s of first oneonone session with chair yellen from her senate confirmation. The white house says the focus is on the longterm outlook for the economy and the global economy. The president will be in beijing this weekend. Meantime, bill gross in his second Investment Outlook says deflation is a growing possibility. He wrote Central Banks around the world have made a dam find fueling inflation, but they are pushed up assets rather than prices in the real economy. He says they need money printing, but money spending more so as that must come from the fiscal side, from the dreaded government side, where deficits are anathema, and balanced budgets are increasingly invoke. General motors sales were basically flat, coming up short of estimates. Cadillac sales down a percent. Ford sales fell, but still did
Why are you crying . [ screaming ] screaming reporter tim hudson said he waited his whole career to pitch in the world series and now its his first parade. Everything i thought it would be. [ screaming ] reporter Baseball Players with rock star status and some fans had their favorites. When the series mvp rode in, it was typical low key madbum trophy in one hand and what could have been a beer in the other. [ screaming ] reporter and awesome to see that familiar trophy again. [ screaming ] reporter and fans, spring training is about four months away. Thats when the fans say the torture begins again. Back to you, ken, im sorry i called you allen, and ken and liz. No, no. I have been called worse. But linda, its one of those special days and i think everybody you know, everybody is smiling. Right . The. Awesome. Reporter everybody was smiling. It was a wet smile, drenched and cold but were in a drought, right . You got it. Linda yee in San Francisco, thank you. Many people took to twitte
Noon. Upper 50s to mid60s from the coast to inland. Clear and a lot of stars tonight add lowtomid 60s by 7 00. Now a check on the traffic situation this morning. Sue . Hotspots out there, and first at the san mateo bridge. It is busy. No major stalls or accidents on the span. It is 14minute delay from the toll plaza to the san mateo side. Trouble here on 9 byron highway. This is highway 4. There is slow traffic. Trouble at the byron highway. We have a headon collision. C. H. P. And ambulance enen route. Avoid that area if you can. Northbound 680 a problem and motorcycle down westbound 580 slowing things into the dublin interchange. Breaking news in antioch. Police are questioning three people who crashed their car into a home on mahogany way overnight to see if they were involved in a Fatal Shooting at an apartment complex not too far away. An officer heard shots on hudson court after 11 oclock last night and saw a car speed off without lights. Officers found a shotgun two blocks from
For the Dow Jones Industrial average, up nearly 156 points. It finished at 18,288. The nasdaq closed 44 points higher. It was 5,008. The s p 500 also at a new alltime closing high up 12 points to finish the day at 2,117. Berttha coombs joins us with what drove the index to this level. Hi, bertha. Its been an amazing ride tyler. 15 years ago, you had stocks that traded on the nasdaq with valuations that were sometimes 100 times or more what their earnings were, if they had profits at all. Very different index right now. If you take a look at a number of these stocks some of the high flyers they now have valuations that are much closer to the closing market. The nasdaq 100, even if you have stocks like amazon and tesla, you still have other stocks that brought the nasdaq 100 pe down to 19. That compares to the s p at 17. And really the biggest indicator is apple. Apple, despite being the Largest Company emp by market valuation, trades at just 14 times its recordbreaking earnings. Pr. Ber