When all is said and done, this storm can dump more than 50 inches of rain. And biblical has become a flimsy and tough. Super sized greatness is on display as people kay for their neighbors. Dont get me wrong. People need all the help they can get. But the power of selfreliance and empathy in the face of this store speaks to a decency most of people have not lost touch with. It will be months before the Economic Impact is known. But to the anies pouring into the red cross and social media, the goodness in people overcomes the worst circumstances. Lets get into all of this. Im kennedy. An entire years worth of rain in a single storm and it may not be over for another week. We are told at least five people have died since harvey made landfall over the weekend. 15,000 currently in shelters and many people have lost their homes and cars and any future prosperity in the short term. Helicopters and boats and trucks saving people all over coastal texas. In some places the water is rising an i
News of more pipeline and refinery disruptions are all in the aftermath of Hurricane Harvey now reports of more storms brewing. Well break down the impact on energy prices. And explosion and fire at a Chemical Plant in texas. Were live on the scene with the impact. Scary stuff trying to figure out if its toxic or not we bring with treasury secretary Steve Mnuchin picking up President Trumps baton who spoke to our Steve Liesman earlier with hoy lights of that conversation. Thank you very much u. S. Treasury secretary Steve Mnuchin sitting down exclusively with cnbc saying the detailed plan cometh despite criticism that President Trump was promoting a plan without detail. Mnuchin says there is a plan, and it will be released within the next few weeks. Originally our goal had been august unfortunately, things got delayed a bit, but were on a track to get this done by the end of the year, so youre going to see the details come out later this month its going to go through a committee proces
Hey, everybody. We have a trifecta, heat, we will have poor air quality and a high fire danger. It all starts with the winds that are calm or blowing off shore from the land, and that is a warmer wind, and thats a wind that does not allow us to exhaust our pollution. Thats one of the reasons why were going to have poor air quality and were going to get worse and spread over the weekend. 12hour day planner, in the mid 50s to upper 50s, very comfortable this morning, but look at that. Nearly 20 to 50 degrees warmer by 4 00. Alexis. That is going to be a major temperature change for a lot of folks today. Right now, were doing okay for the bay bridge commute. Were encouraging you to carpool or take mass trance as it is a spare the air day. Things have definitely filled in. The metering lights on since about 5 25 this morning. So far, drive times not looking too bad. Highway 4 to the maze, 20 minutes for you. 14 the rest of the way across the bay bridge into San Francisco. And southbound 10
To stream new stories online news stories online. Kathleen lets get to breaking ecodata. South korean gdp, the Second Quarter figures just out. We can see a quarterly gain of 0. 6 , forecasted in line with previous quarter. The yearly number at 2. 7 . In line with the First Quarter in forecast. Insee a different income cpi. Ino points the 0. 6 august. Bank of korea just held policy steady. A lot of people think rising inflation will get them to push that rate higher. With so much uncertainty in north korea and new regulations in the mortgage market, they are just Holding Things steady despite this. Cpi,e take a look at that quite a beat at 2. 6 . Core cpi remains below the target for the be ok at 1. 8 . Domestically it seems like we are on solid footing. It is those concerns outside it left and right when it comes to china tensions in north korea that could be leading to more uncertainty for the economy, overall. Export and import numbers coming out in the next hour as well. Kathleen i
Harvey. Thousands displaced and 44 dead as texas and louisiana continue to recover from Hurricane Harvey. Now that the rain has stopped, the region is starting to take stock of the tremendous damage as it enters the next phase of recovery. Cleanup efforts underway. The rivers still full of floodwaters only starting to receive, Officials Say it will be a long time before the full extent of the damage is rebuilt. Rescue groups are waiting for pet left behind in the storm, headed here to be put up for adoption. We want to go to Allison Barber live in houston. Reporter relief and Recovery Efforts still underway. Tonight, many people turning to prayer following President Trump declaration of a national day of prayer. Reporter people across the nation offering prayers for those displaced by Hurricane Harvey. President trump designated a national day of prayer. In houston, some look to the church for guidance in a difficult time. I call this in our Community Getting out there and serving. Its