Below 100 billion from stress testing, so that makes some sense to me. Banks are not systemically important. Between 1 and 250 well do Something Else my strong preference will be that well continue to have meaningful stress testing for them because i think its a successful tool. Ing. Thank you senator warren. Thank you, mr. Chairman so i want to follow up on senator browns questions about full employment as you know Congress Gave the Federal Reserve a dual man date to pursue maximum employment and to keep prices stable the official unemployment rail is now 4. 1 . Many economists are predicting the rate will dip below 4 in the near future, and an Unemployment Rate this low in the past would have been considered full employment which would be good news for the workers that should be accompanied by higher wages. But wages have barely budged so let me start by asking, mr. Powell given that wage growth is so weak do you believe that the labor market is currently at full employment . Full em
That year of the war. The interesting aspect of the exhibit is the fact that we are on location, that many of the events that took place with the b o railroad were in this exact area. We have the very equipment used by the railroad during the civil war, and we present a bottom up history of the railroad during the civil war by presenting the technologies and the people that were involved with riding, guarding, destroying, building, and operating the railroad during the civil war years. This would be an entire area of activity. There were paint shops. There were carpentry shops, car shops. They were casting of rail. There were machine shops. They were building bridge parts, rails, continuously loading these things on trains. And, as the confederates would damage a section of track or blow up a bridge, the repair crews would go out. They would pull out damage. Theyd load it on the cars, bring it back here, and recycle it. I firmly believe that at the outbreak of the war, the first 90 day
Few thunderstorms in the afternoon. The best chance for thunderstorms will be over the east bay valleys. Showers will eventually come to an end before midnight monday night. Rainfall totals from this event are expected to add up to about a halfinch with higher amounts across the hills, especially the Santa Cruz Mountains where there may be more than an inch. In addition to the rain, expect much cooler weather with gusty winds monday afternoon on the order of 2535 mph at times. Highs will only be in the 60s. Vicki for complete weather forecasts and all your bay area news. Be sure to download the kron 4 mobile app. Its free to download for apple and android devices. Vicki happening now. All southbound lanes of interstate highway 880 in milpitas are closed due to a deadly accident. It happened near the highway 237 connector around 6 tonight. The chp has issued a sigalert due to the incident. It is unknown when the lanes will reopen. Vicki new at eight. Police arrested three people near uc
Deflating the balloon. The army says the easiest way to get the remaining helium out of a blimp is to shoot it full of holes with a shotgun. When we first got on the scene, first order of business was making sure the site was secured, so we tied it down. Reporter the white balloon that ripped in two as it crashed contains technology that targets cruise missiles. Primarily the radar, thats the most important part, a couple radios, as well, then the rest of it was just Power Generation and power transformers. Reporter the army air and Missile Defense command says it was all still there after it broke loose from a mooring in maryland. Weather system going over us at the time. Yes, thats what pushed it up to pennsylvania. Reporter they dont know why it came loose, trailing a massive cable that shorted or knocked out power lines along the way, but the army says it will take weeks to remove. Why does it take so long . The thing is, its big. Its big and were in really rough terrain down there
Russian airliner that went down. Reuters says egyptian officials claim they are analyzing them, but the russian transport minister claims that work has not yet begun. Cnn Senior International correspondent matthew chanston is in st. Petersburg, the original destination of this flight. Matthew, what do we know about the fuselage or maybe even the history of it . Reporter yeah, well, we dont know a great deal, of course, about what caused this tragedy in the skies over the Sinai Peninsula that caused the death of 224 people. Theres been one sort of statement of clarification, the clearest indication weve had so far from a senior aviation official here in russia saying that he has seen evidence that the aircraft broke up in midair and the debris has been scattered over an area more than seven square miles, so its a very difficult job for the investigators on the ground in that very desolate and isolated part of the Sinai Peninsula, which is under strict military control of course by the E