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Transcripts For KGO ABC7 News 500AM 20240712

Now at 5 00, Movie Theaters reopening in one bay area county. But the strict guidelines were expecting. And fertility fraud, and athome dna test leads an east bay woman to sue her former doctor. The unexpected results uncovered 40 years later. And heavy smoke impacted yosemite. Mike is looking at our air quality. Good morning, everybody. It is friday, september 18. Good to see you guys. It was really weird to hear that yosemite, i was supposed to go there last weekend and we had to postpone the trip. But now seeing the park being closed all together, it is weird yeah, it has just got worse as the wind shifted. You cant escape it. And it is going to be there for the better part of the weekend. Plus they have the high fire danger right near the red flag warning. And back here at home, still green. How about that for the third consecutive morning. We do have a few clouds out there as a dold frocold front w through today andbring us a touch of autumn. And katrina is to our south and that i

Transcripts For KGO ABC7 News 600AM 20240712

Expressway. The fired captain tells us accessing the area and high grants kind of tricky. Firefighters were able to get it under control in about an hour. Is kind of tricky. Firefighters were able to get it under control in about an hour. Here is what is it looks like right now. It is much calmer. And the cause is still under investigation. So if you have been missing going to the movie, you can start going again today in marin county. Many theaters were forced to shut down for about six months now. And Amy Hollyfield is live in san rafael with what we can expect to see. Reporter and have you baenk wanting to see t echlenet or unhinged . Those are two of the five that will be showing here at this Movie Theater. Those are two of will be showing here at this Movie Theater. Unhinged . Those are two of the five that will be showing here at this Movie Theater. They will be opening for the first time in six months. And in napa county, they have already been open so we looked at what it is li

Transcripts For CNBC Fast Money 20240712

News on the banks. We were discussing on closing bell the banks finding out this evening what this extra stress tests theyll go through this fall will be there will be two severe recessions it will be tested against as opposed to normally one. Its possible we could interpret those severe recessions as not as bad as they could have been june saw unemployment spiking to 10 . This test has two versions one is that it spikes to 12. 5 and then dips more quickly to 7 7. 5 both of those factors perhaps highlight the severely adverse scenario didnt get that much worse given the year that were in than perhaps it could have got. 10 unemployment to 11 or 12 is not that much worse. That will also include a stock market decline by 30 house prices falling 26 all of course headlinegrabbing changes but not that much worse than they could have been given the fact that we already knew this early set of tests was coming there is one line that stands out at the end of the statement that says, the board re

Transcripts For CNBC Squawk Box 20240712

Good morning, everybody. Welcome to squawk box here on cnbc but this comes after a backdrop of a pretty big decline on friday on friday the dow was down by 700 points and this morning its up by 200 points you have the s p up by close to 20 points and the nasdaq up by 26 but we are getting to the end of the month and thats when we start to take notice of what has been happening with declines that we saw on friday push the dow and s p 500 into negative territory for the month of june. If they want to make that up they have two trading sessions left before we get to july so over the next two days the dow would have to make up 1. 5 if it wants to be positive for the month of june. S p would be up 1. 2 its up by 2. 8 . Lets take a look at what has been happening with the treasury market the treasury yield the ten year is the one that we always pay the most attention to it seems to be yielding. 645 . And i think he is going to have interesting things to say too in terms of trying to put it i

Transcripts For BLOOMBERG Bloomberg Markets Americas 20240713

Reporting this week for the s p 500. It might provide some we can do some glimpse into how companies are thinking about the future. Of those companies is united airlines, already saying it is going to have a 2. 1 billion loss, and that is just the beginning of the pain. It is cutting 90 of its capacity in may, and similarly will do Something Like that in june as well. It will get about 5 billion for the u. S. Payment program. And we have the 10 year yield at 63 basis points. We get more Economic Data this week, including initial jobless claims, but also pmis, new home sales, and so on. Those are all going to show dire readings and are not going to be really reflective of how the economy moves forward, except to suggest that we are definitely in a very thick recession. Guy lets take a look at what is happening here in europe. Meansis down, but by no down as much as it is in the United States. Pricing inntract not such difficult times, but nevertheless, do you want to take physical deliv

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