287 points. Tracing half of yesterdays loss. The Oil Price Crash is a problem yesterday, still his. Bankruptcies and layoffs are a near certainty in the oil patch, drillers can to make money, cant service their debt with oil in the 30 barrel range. Russia wants to meet with opec soon, to see if the price war can be resolved. Oil is back to 34 a barrel as we speak. The anxiety indicator, the 10 year treasury yields 0. 6 almost double what it yielded at the low yesterday which was 0. 31 . Big day in politics, primaries in 6 states. Im calling it bernies last stand. He needs to win big especially in michigan. He is way behind biden in two recent polls. That would be good news for investors, the threat of a socialist in the white house receives but it is not good for the democrats. Their split is obvious and toxic. Varney and company is about to begin. We are going to take care of and have been taking care of the American Public and the american economy, meeting with house republicans, Mit
Politicians from holding their 1st parliamentary session in a month. In sports there is in a recurring returns as manager of spain the former barcelona boss returning to the job 5 months after the death of his baby daughter. The United Nations says israeli settlements in occupied palestinian territory. A breach of International Law thats after a u. S. Decision to not longer consider israeli settlements and legal well russia has also reaffirmed at stars that the settlements are illegal while palestinians have been condemning the decision israels Prime Minister Benjamin Netanyahu went to the west bank he celebrated the announcement as a quote huge achievement that fixed a wrong rosalyn jordan reports from washington d. C. For 41 years the u. S. Has called israeli settlements built in the occupied west bank illegal under International Law that u. S. Policy changed on monday calling the establishing of civilian settlements inconsistent with International Law hasnt worked it hasnt invents t
Not a huge move. Big enough. 57. Also up towards santa clara, still kind other ever a popular number there. Overall, the fog that is there is not going to do much. It will burn off. The high kicks in for a couple of days. If you say oh my gosh, i need cooler weather, dont you worry. It is on its way sunday into monday. The next few days are sunnyside up and warmer. 70s, 80s, and mid 90s. Still walnut creek. We are still looking at that. We also have some problems on the commute, on the pass. Ill kind of wrap all that in. First of all, lets begin at walnut creek where southbound 608, they were clearing a crash. It hasnt caused a big backup. There were some injuries and the medics were on the scene. We dont have a big backup just yet. Also looking at 24680, the commute looks good. 24 is in good shape to the tunnel. Grant line road has traffic blocked in the left lane. Now it is causing a backup on 580 and 205, put just slower than usual. Once you get to dublin it looks pretty good to hay
San francisco is a great beard city. A lot of dudes, a lot of hipsters with beards in San Francisco. A lot of millennials, for crying out loud. No one shaves anymore. At a workplace, most people can come as they are. Im going to be out there. I dont have a beard. It is obvious. If you have a beard model, we are going to get a trim and we will talk about Prostate Cancer awareness month. I like a. Cyclist talk about what is happening at the state capital. The california governor was expected to sign into law a right that a bill that would classify rideshare employees at as employees. We are live to explain the bill. Allie, telus how it would impact drivers and customers. Reporter it was a group that lobbied hard for this change in the law. They had several test and demonstrations. They called them gig workers rising. We have some video to show you. Will go to the video right now. If the governor signs this bill into law, it would mean that rideshare drivers woulds would qualify for stand
Here at home, there is another delay in the high profile murder case happening in san matteo county. Opening statements were pushed out a week in the trial when the defendant posted 35 million bail. Ktvu joins us live at the courthouse in redwood city with what is coming up. Alisyn . Frank, tiffany lee was quiet inside the courtroom as a judge announced that Opening Statements had been delayed. We caught up with her attorneys afterwards who said that lee was glad to be out of house arrest if only temporarily. Shes been under house arrest effectively for over two years. Any time she gets out, shes actually become a little agoraphobic being there for so long. She is more comfortable indoors. Well, we encountered lee this morning surrounded by her attorneys. Then quiet, not saying a word as she entered the courthouse. Lee has been under house arrest at her chateaustyle mansion in hillsboro since spring of 2017 after she and her family posted a sky high bail of 66 million at 5 million in c