Leadership meeting in brussels which is still under way. We are going to take you live for all that. So many concerns yet seeing this rally. If we stay at these levels will probably be the biggest singleday reverse ideal in four years. Economist Thomas Piketty has a message for Angela Merkel. He says history will remember you for your actions this week. Hell join us live in a few minutes to explain why he believes not helping greece would be hypocritical. The big banks unveiled their living wills. These are the plans how they would handle bankruptcy during a crisis thats mandated by dodd frank. Dick bove will join us to tell us why he believes these wills are a negative for the u. S. Economy and calls it a dumb idea by the government. Another positive fitbit rating. Well talk to the analyst behind that call whether the company has already gone too far, too fast. Im not making fun of his name, but what is the analysts name . Will power. I love that. The fitbit analyst name is will power
But Bernie Sanders. China its a huge day around the world and Varney Company is go to begin. A lot of tension and happening around the world thatc1 a lot of tension and happening around the world that will influence your income your 401 k and a lot of other things like commodities and on that note lets take a look at oil. Down more than 10 , were less than a week into the month and dothing again after being up a little earlier today a lot of news coming out of iran that could make that go lower or higher. Lets take a look at gold in the traditional safe haven, its down 15 at 1157. The ultimate i call it the safety if you will our yield. Obviously money pouring into u. S. Treasuries once again, dothing six basis points 2. 22 . Its amazing the last two weeks out of greece and Ashley Webster with the latest from athens. Ashley. Ashley hey good morning to you charles. Wel157 we continue to wait to see what happens in brussels. The greasis are b10ng asked to give a new proposal on how to ta
Francisco, and pacifica and redwood city are hitting the streets with their eyes focusing on drivers not focusing on the we road. We specialize usually or Pay Attention to areas where that city may have high accidents. This crackdown in is in pacifica and Half Moon Bay with more bay area cities to come. Texting at red lights is not legal. You do not have to be a cop to see it. Using a phone at a red light is a violation, a citation will cost you 160, not including court fees. Which each citation the cost goes up. Some make a point of taking notice when the officers are and, sergeant said Law Enforcement is looking out when you least expect it. Especially the motorcycle officers because they have the advantage of being able to see the drivers driving before the drivers can see them. Officers say they are taking a zero tolerance approach. Foam see officers putting their phones on speaker and in their lap and having a conversation and they say if you do that even with a handsfree device y
I. C. E. For that guy or that woman or not that woman, that doesnt make any sense. While that might feel uneasy, uncomfortable, counter intuitive to a line Deputy Sheriff or line officer, the federal court and continues have changed and absent a comprehensive immigration policy, on the federal level, the national level, that now we are trying to reconcile that. Reporter San Francisco sanctuary status has been a sore point with law enforcement. But the sheriff mirkarimi says the policy is clear. He needs a court order or a warrant. But i. C. E. Only asks for a detainer. Which the sheriff says is not good enough. By the way, in the last 18 months, california released 10,000 undocumented immigrants. From custody. Without informing the feds. I. C. E. Has responded saying they have issued 200,000 detainers. And to get a warrant for each and every single one of them would cripple the justice system. Were live in San Francisco, kiet do, kpix 5. San Francisco Mayor ed lee released a statement.
From the west southwest but at times it will gust up to about 25 miles for our and stronger than that in San Francisco. Heres where temperatures are right now. 63 San Francisco and oakland. 64 san jose. The full forecast coming up. Lets check on traffic. No major hotspots out there. Its the usual crawl heading into San Francisco. The lights are on. And then it will clear up by the time you get to the incline of the bridge. 15 minutes from downtown San Francisco and 30 minutes continuing out to sfl. Sfo. Of the san mateo bridge its going to be slow all the way to the highrise portion of the bridge before it gets better. Slow on 101 n. Nn of san mateo but this is normal. Nothing out there to add to the backup. I hit and run on the richmond summerfield. Inbound on the west end. Its quickly cleared so its out of the way but it added to the westbound backup. The back to the toll beyond castro and now with slow from richmond parkway to the west and. That bumptop tribe time to 12 minutes from