Look, any way you take it, employment in april was a disaster. We are looking at an Unemployment Rate that is likely approaching 20 . We get those numbers, the unemployment numbers for the whole country, next friday. However, got to tell you the backtowork movement is really gathering steam. States across the nation are modifying their stayathome rules. Businesses are reopening. Oklahoma reopens some businesses tomorrow. California will allow some elective surgery. This, however, is receiving mixed messages. President trump says georgia is reopening too soon. He says he strongly disagrees with georgias decision. However, he will still leave it up to the states. Heres a positive. The Field Hospital built specially for virus patients in houston, texas, may be dismantled, not needed, underused. Lets get to the markets. First im dealing with oil. Look at this. Moving back up again in price. 16. 71 is the production price right now, but production is being scaled back very very sharply. Sup
You can see traffic is good on westbound 80 all the way to mill valley. And on 680 southbound concord, walnut creek, and martinez. An earlier accident on highway 4 has been cleared and interstate 880 traffic looks good. 4 31. Lets go back to the desk. The grand princess cruise ship is finally docked at the port this morning. The process of getting the passengers off the ship is expected to take about two more days. About 150 of the passengers are now quarantined at Travis Air Force base after arriving there by bus last night. The ship sailed under the Golden Gate Bridge with at least 2,100 people on board. The dow looks like its going to recover about 1,000 points. About an 8 decline concerns over the coronavirus and oil prices. The dow dropped 2,000 points. The worst point day ever. But, again, it does look like a higher opening this morning. Shares in Oil Companies took a big hit after talks took a big hit. 25 to 35 to below 32 a barrel. Exxon says it saw its worst drop. Investors ar
Mountains and south. Thats the line. North of that i dont think anything will happen. If youre north and get more sun, 70s for some. Sal castanedas here now. Well focus on what here this time . You can see traffic is doing pretty well around the bay area. Including southbound san jose. You can see it looks pretty good getting up by highway 17. Also this mornings commute is doing well in Contra Costa County including highway 80, hercules and richmond and here in oakland, Alameda County traffic moving well to the bay bridge toll plaza. 5 01. Lets go back to the desk. New this morning, the chp says a big rig driver wasnt paying attention when he crashed. Look at the pictures. This was the scene just after 2 30 this morning when the first calls came in. The semi truck driver veered off westbound 80, went through a fence and onto a side street. The long process of getting all the passengers off the grand princess cruise ship continues this morning. The ship is now docked in oaklands outer h
President mike pence mark short is with us this morning on iran, and as well the strength of the u. S. Economy today to really sock up who is needed fox news senior tszuj Andrew Napolitano weighing in on Brett Kavanaugh with a big three hours coming up and top story this hour is that attack. On Oil Production facilities in saudi arabia. The twin drone strike on saturday sending oil prices soaring intensifying middle east tensions, rebels claim responsibility for this. The u. S. Is rereleasing satellite foe e toes photos it is showing the impact it says came from the north and the northwest implying that tehran was more likely really the perpetrator here iran behind these attacks iran meanwhile deny any involvement. I spoke with michigan congresswoman and former cia analyst alyssa to sunday morning futures about it, yesterday. You are an expert in this field you did three tours in iraq yourself. What is reaction to what took place in saudi arabia . Ive seen the playbook before and iran
Impressive amounts, at main focus of focus of the storms drifting to the south. Over three for the rain, santa cruz mountains. Coastal hill Sonoma County over three inches. We expected the amounts. Some more impressive amounts for santa rosa, approaching two inches. San francisco 1. 44. Fremont an inch, 10 oh say. 28. San jose,. 28. Moderate to heavy rainfall looking at all the storm reports, toward the sierra, and click on one of these, its been a lot of rain reports this one from tahoe city. Squaw valley. 14 inches of snow in the past 24 hours and at eight 8000 feet. Piling up closer to 6000 feet. Current radar, light to moderate rainfall, the yellows indicate heavier down for for portions of the santa cruz mountains. This is the focus of the organized rain toward East Palo Alto and sunnyvale. You can see some coverage between hayward and fremont and developing toward south San Francisco, it will be a slow process. The rainfall shifting to the south. East bay, maine action approachin