Employees who have been out of work now for months. The Second Quarter Gross Domestic Product plummeted 32. 9 between april and june. Thats almost a full third and its the sharpest decline we have seen in u. S. History. The drop in gdp is nearly 4 times worse than it was at the peak of the financial crisis in the Fourth Quarter of 2008 the previous record was 10 in the First Quarter of 1958. Turning over to the stock market and see how stocks are reacting to this dire news. The dow jones is down by almost 200 points, just a little bit more than that right now. S p is suffering a loss of not quite one half of 1 . The nasdaq is the only right spot if you count the addition of 52 points. Nasdaq is up by one half of 1 . You can see stocks mostly regained their footing after a very steep drop at the opening bell and after we got that labor news. Californias jobless claims were down last week despite a nationwide increase. Our state reported 249,000 workers filed firsttime claims during the
And we dont know if were going to see them again. Americans arrive. Dozens of firefighters from the u. S. Join the desperate fight against the devastating wildfires in australia. Were with them on the front lines. All that, plus, weinsteins reckoning. The longawaited criminal trial of Harvey Weinstein begins today. What hes finally facing after years of accusations and denials. Wild weekend. Minnesota upsets new orleans in overtime. The pass is caught, for the win. While seattle beats philadelphia to move one step closer to the super bowl. And stars and surprises. 1917 takes home the golden globe for best drama and best director. Plus, a big night for once upon a time in hollywood and brad pitt. Holy moly. While tom hanks is honored with a Lifetime Achievement award and sits down with us. Do you let yourself feel good and enjoy it . Theres an undeniable power that you say, i did work that was good enough that ended up touching people on a very personal level. Our exclusive interview wi
Tractor trailer was traveling southbound, right there you see the mess, the tractor trailer separated, the trailer, went up, and over the guardrail. Do you see skidmark there our photographer zooming in. Tractor went up and over and into on coming traffic into the northbound lanes. Thank goodness at 2 00 in the morning volume was light enough that there wasnt any traffic, otherwise we could be talking about a wholetive rent outcome here. What we are looking a at is the mess that was left, fuel spill, oil trailer portion stayed in the southbound lanes, the tractor went up and over in the north bound lanes and you are looking at there they hauled them out of there. They put down kiddy litter oil dry to kind of pick up the gasoline. Most important part right now is that traffic is moving again up and down 495, and i know we were is shut down for a couple hours. We will go out to steve, who is live on the scene. Steve, when you showed up there they were pushing everybody off at 12th street
Nbc bay area nanette is there tonight. Reporter since 9 11 they have been sounding the alarm about how our infrastructure is vulnerable and they say this proves that. It was definitely a malicious, senseless act. These people knew what they were adoing. Reporter free mont police are trying to figure out who let more than 50 million gallons of Drinking Water flow out to San Francisco bay. Emily krungo usually walks her dog here and cant believe it water is just gone. I cant believe someone would do that given our current condition. Our drought is so severe. I dont know why anyone would do that. Reporter they dont know if this was the work of vandals or an act of terrorism. Nearby residents say vandals have struck recently. Cables being cut twice in the last 8 of 9 months. Fremont mayor thinks state and federal leaders arent doing enough to protect vulnerable infrastructure. He points how to tack at a pg e subway station and to the stow away who managed to get past security and board a p
Approaching. Showers not far from seven springs. Into Garrett County and west into oakland. The heaviest stuff south of i 68 there, moving over toward kiser and romney in a while. Temperatures comfortable north and west. It is very muggy from pax river over toward the eastern shore. Even toward la plata with temperatures in the low 70s. A diesel accept afternoon, sunshine, tem in the mid80s. Spotty showers, storms possible. It does look like we are in for each nicer weather tomorrow and wednesday. More on that in just a few minute. Right now though, over to Monika Samtani. She has timesaver traffic. Thank you howard, good morning everybody. We have our first accident of the morning and of course it is on 95 in virginia. Apparently two vehicles involved an suv and commuter bus. Watch for that activity. Ill give you lane information as soon as we have it. A live look outside, check on you the beltway and 270 coming down from democracy boulevard into tysons river bridge. Lets step out and