More Domestic Travel to a little more overseas travel now. Theaad lets get to markets and have a look at what is going on. Nikkei, in with the leading japanese shares, just seeing stocks drifting to the upside. We did see jobless numbers come out. Slightly better than expected, looking for a 3 jobless rate, but 2. 9 . Looking elsewhere, retail sales out of hong kong, looking also at the futures for the u. S. , pretty much flat. Asian equities drifting slightly to the upside. Looking at the shanghai composite, lets look at how the gpi is behaving as well. Just about flat. The shanghai comp, 0. 2 lower. Chinese Economic Activity continued to rebound. Expansion in manufacturing activity, just slowing slightly there. A Rate Decision out of australia later on. Expecting the rba to keep rates. And the singapore market 0. 6 lower. Quick check on the currency is, weve got a fifth straight monthly drop for the dollar. Bloomberg dollar index down by 0. 25 . The yen, a tad weaker. Euro currently
Plaza not much of a delay. So this is the time when people get on the road to avoid major delays and so far its working. 4 31. Lets go back to the desk. President trump will address World Leaders at United Nations General Assembly in new york. Starting about 7 15 our time. He is expected to make iran a big focus of his address. President came to new york with a mission to build and International Coalition to oppose iran. But still not clear whether he has enough support ive mong allies to reach a consensus on taking action. President trump is due to speak at 7 15 this morning. And ktvu will bring you coverage of the address throughout the newscast. This morning. Back in washington, d. C. , more democrats now calling for beginning impeachment proceedings against President Trump. Today, House Democrats are meeting and they will talk about the latest allesurroundin the president of ukraine. But as doug luzader reports, the president says he did nothing wrong. Reporter more and more democr
Welcome to bloomberg markets. Take a look at the markets. I have green on the screen behind me. The s p 500 up. 5. Same with big tech. Yields higher as well. Take a look at the 10year treasury yield higher by four basis points. Solidly over 4 . Added thanks to this mornings cpi data. Lets get a break down from mike mckeon. It came in hot. I would say it came in warm. The headline was that it was higher than expected coming in at. 4 rather than. 3 . A lot of that is due to energy and the fed will look past that. The core rate came in unchanged, a. 4 percent increase. What went up . Car insurance went up. It continues to do that. It is a sticky Price Inflation thing. Gasoline up 3. 8 . It had been a regular dropping gasoline for months and it has turned the other way as gasoline usage takes up here used cars up. 5 . 6 for apparel. Dani burger was pointing out that most of that was for womenswear. Bad news there. What does it mean for the fed . The fed is looking at things in terms of thr
Pay harassment and other unsafe working conditions. Were live at the fast food workers strike in san jose. But first, hayes valley residents sounding the alarm over nearby in camp that fires following yesterdays massive blaze in San Francisco. From the bay station, youre watching kron. And news. Thanks for joining us here on kron. 4 news at noon. Im noelle bellow, our top story this afternoon. The cause of the massive building fire in San Francisco still under investigation. But residents in the area say theyve been warning the city about nearby tent encampment fires for months. Kron fours Michael Thomas has the very latest. Crews have been here on the scene trying to deconstruct whats left of this construction site. Take a look at was supposed to be an Apartment Building before it burned down. And this is at the corner of oak street in octavia boulevard in San Franciscos hayes valley neighborhood and the Neighborhood Association says they fear this type of fire for months. Yesterdays
And a lot of areas so be prepared for that. As youre getting out there. Its a little mini free car youre walking into work close to coast. Your view outside at coit tower down looking grey under all that cloud cover that isnt just at the coast but has pushed well inland this morning. It is having a cooling effect this morning. A lot of areas. So not only are we going to see a grey start, but its going to be cool over the next several hours. Snow forget those jackets, 50s 60s for current temperatures. Fairly mild. So the light jacket will just fine as youre getting outside. Later today. Were going to continue this cool trend we had yesterday and are very warmest only making really the low 80s for some of our inland spots of more details on when to expect the heat to return. Still ahead, rain. All right, john, thanks that. Lets get you rolling on this wednesday morning. 11 minutes traveling into the city right now may so that fremont street exit. The meteor lights are on at the toll plaz