For traders and investors alike to say the least. Session lows today 1,085 on the dow to claw back finishing lower by only 357, so folks down here were able to take a deep breath having seen that, but this was all on the coronavirus. It just rattled the market seven Straight Days of selling the worst week on wall street since the financial crisis, all three indices ending in correction. For the week the dow gave up 3,580 points and as investors rushed out of equities and oil, the rig assets moved into the safe haven of the u. S. Treasury, the yield on the 10 year setting a new alltime low, under 1. 2 . Now the Federal Reserve weighed in today, no rate cuts were on the horizon, but Jerome Powell told the markets that the fundamentals of the u. S. Economy remain strong but the coronavirus of course poses an evolving risk to Economic Activity adding the fed will use its tools and act as appropriate to support the economy, david. So, traders basically telling me theyre taking a sigh of rel
Joe biden. Article 1 is adopted. The question is on adoption reporter your of the final votes on article 1. 230 voted to impeach trump. 197 voted no for article to obstruction of justice. 229198. It doesnt really feel like we are being impeached. The country is doing better than ever before. We did nothing wrong. We did nothing wrong. And we have tremendous support in the Republican Party like we have never had before. Reporter that is President Trump just a few minutes ago at a campaign rally. He is holding in michigan. He was greeted there by cheers earlier today before the vote the president took to twitter to talk about the proceedings. He tweeted such atrocious lies by the radical left. Donothing democrats. This is an assault on america. And an assault on the Republican Party. We in Congress Article 1 the legislative branch must stand up and make clear to the American People and to all people that this body still stands by the principles enshrined in the constitution and defended
Make room for one more. The democratic president ial field now widening with former new york city mayor Michael Bloomberg now in the running. Bay area political experts are weighing in on bloombergs decision today. Cornell bernard is here with new developments in the race for president. Bloombergs late 2020 bid injects a new level of uncertainty into the race less than three months before the first voting begins. Some have concerns about bloomberg running for president. Following weeks of speculation its official, former new york city mayor Michael Bloomberg is in the race for president , making the announcement in his first tv spot. Mike bloomberg for president. Reporter dropping more than 37 million on a tv ad campaign, the largest of the 2020 election cycle so far. His fellow candidates firing back accusing the billionaire of trying to buy the election. Democracy means that billionaires cannot buy elections. Maybe the argument is hey, ive got more money than the guy in the white hou
Us one heist that only took a few minutes. Reporter the crime was caught on camera. It took about 5 minutes for the thieves to get what they wanted. But the inconvenience and expense for the owners of the car is greater than that. Reporter walking calmly over to the prius, working quickly and quietly enough. Looks like around 5 40 in the morning, a group of three people came in with an suv, lifted up the car a little bit, took out the catalytic converter and were gone in about 5 minutes. Reporter the thieves also targeted their next door neighbor. The minute i put it in drive, it sounded like the car was going to blowup. Reporter janet got the car towed. Without a car for a week is tough. Especially being disabled, that make its even harder sometimes. Reporter Law Enforcement agencies across the east bay from liver moore to albany to erics richmond neighborhood are warning car owners about an increase in catalytic converter thefts. The hybrids catalytic converters are more expensive th
My count there were 60 or 70 people out here tonight. The police are out here on the scene but so far everything has been peaceful. Now, the folks out here protesting accuse the city of wasting millions on a problem that they say keeps getting worse. Critical of the citys policy of tearing down encampments and throwing away personal property. The city of course says the encampments are a health and fire danger so they have to do that. Now, as we talked about earlier the protests began earlier today ask ktvu was out here talking to some of the people involved. Reporter a collection of encampments and individuals pitched tents outside of Oakland City Hall on sunday. It is a protest of oaklands handling of new housing and growing homelessness. They point to the millions in funding to support the home tphaols it homeless. That was to provide people with portapotties and water and solar powered hand washing stations. We believe the city wasted the money. The mayor has not followed the direc