they bounced back and it was up 567 points. yesterday another wild ride but at the end of the day the market was unchanged. then of course today. another massive drop and the dow down 132 points. joining us from our newsroom is james mcbride. james, what is happening here. we have unemployment down and the economy improving with the tax reform plan into law. all of that is positive. the market was just getting ahead of itself. ultimately the stock market is going to reflect the economy and the economy is good and the stock market is good. the numbers are pretty big but when you think of the stock market being a 25,000, 26,000 percentagewise, the numbers are not that big. i checked and we are back to where we were in november. if we had stopped at november we had of thought that last year was a good year. it just took off having related to program trading and things like that. based on the concerns of inflation, everybody ran for the hills and now we have the correction we h
of course there is high fire danger. it s been so dry. but this is the tenth day we will not see a tenth day of records, we have he seen nine days. mid 60s by noontime. upper 60s for all of us. not as warm with the breezy winds. we will track an even cooler forecast in week ahead. this morning, san francisco police have opened an internal investigation after a man says officers wouldn t help him find his stolen vehicle. on thursday the man spot his own van and followed it for hours until he finally confronted the people behind the wheel. abc talked to him about the vigilante van investigation. reporter: when the company rented the van and it didn t come back on its due date i knew something was up. reporter: under law, companies can t report stolen vehicles until it s five days past due. meaning there was nothing sfpd could do. sharky posted his dilemma on twitter, which caught the eye of officia officials. sheer luck. going home from the dentist he sees the stole
and we are going to switch gears a little bit. talk a little baseball because almost time for pitchers and catcher toss report. it s fan fest and some changes to the giants is going to make the fans a little excited. another great weekend in store looking at the weather, not a bad day to head down to at and t park. meteorologist rosemary orozco joining us live with a check on the forecast. it is gorgeous out there. it is gorgeous, so we are going to cool it down a little bit. we do have a little bit of wind to deal with. wins coming our way, second part of the morning, early afternoon, at&t could be breezy, put your ball cap on, should be fine giving you view there. a beautiful start to our saturday. this wind is creating a wind advisory for specifically our north bay hills. so we do have a strong gust we are expecting a little bit later today peaking up by tonight. here is a look at the temperatures outside our door under mostly sunny skies. a slew from is ever and san f
critic of the iran nuclear deal to get on board. this is al jazeera america live. president obama promoting new protections for america s military and veterans. just spoke to the v.w.f. annual convention about stronger laws to protect current and former service members from financial fraud more oven the announcement, the president had very harsh words to say about lenders. he did. can you imagine this, a loans with an interest rate that carry as high as 100% two, hundred% even 600%. some of these with the president calls and other calls inscrupulous payday lenders they sprout up around military bases you know the way this works. people borrow against their paycheck, and then the lender candidate garnish the wages directly. they end up paying to the service members much more in interest rates than they do in the 11 to begin with. the congress passed a law to crack down on these if you boar remore than $21,000 you aren t subject to the new restrictions and investigators hav
below 25000 and 202-748-8001 for all others. james, you are next from massachusetts. hello? caller: mi actually on tv? host: you are, go ahead. caller: i had no idea. i m site i was not prepared. i am an individual who spend a lot of time in school. i have a lot of education yet i found myself making basically welfare wages. i m curious what you would say about this middle class. i have $200,000 in student loans. i make about 25,000-30,000 dollars a year. i have no idea where this is going, frankly. guest: it is a very good question and something we have been tracking at the pew research center for a while. looking at the ways americans exceed themselves and rather not they see themselves as part of the middle class and to what it takes to be part of the middle class. perhaps one of the most interesting public opinion results we have had is that we take a look at you asked americans, do you expect or chip in to have a better standard of living than you do now? you start to