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FBC Varney July 3, 2024

Stuart good morning, everyone. More encampments removed, tear gas used at the university of arizona, arrests at upenn. The president of cornell stepping down, and at a George Washington university only 6 of the 33 arrested were students at that college. Weve been looking at outsiders organizing campus chaos. After President Bidenen threatened an arms embargo, Prime Minister netanyahu says israel will stand alone. Theres fierce criticism of that embargo. House republicans threaten impeachment, and Brett Stephens writing in the New York Times says it is bidens biggest blunder. To the markets. Stocks closing out the week with modest gains at least in the early going. The dow has been up seven straight sessions ....

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KTVU KTVU July 3, 2024

The phone with officer David Derutte with the chp officer. Thanks so much for the time. As we watch these live pictures. This is obviously a dynamic situation and has been since 330. So what is the strategy with your officers on the ground on i80 right now were utilizing fairfields bearcat and theyre trying to make an approach on the vehicle, to get the subject out, officer, obviously, we know this is an armed suspect. Can you tell us just how dangerous the situation might be for members of the public right now . Very dangerous. I mean, we believe that it. Yeah, he can be armed, this vehicle was involved in a freeway shooting this morning in santa rosa about 11 00, and a few hours later, about 2 00, we located the vehicle in rohnert park. And thats when this pursuit started , so we are at the finish point, right . What you guys are watching on on the screen from the helicopter . Yeah. Officer, obviously youre keeping folks back ver ....

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KTVU KTVU July 3, 2024

Suspect are out of a shooting incident that occurred in santa rosa today, we do at this point believe that the suspect is still armed. And just to be clear, the holes that you see in the back windshield are are not bullet holes. They are less lethal, so the swat teams are going through options that they have right now to try to get the individual to, to surrender his weapon and ultimately surrender. So, officer, youre talking about those not being bullet holes and him, this person being still armed. Is it still a dangerous situation for folks out there as they travel past that area . Absolutely. And as you mentioned, we have both directions of interstate 80 shut down right now. And that is the reason why, again, once we were able to determine that he is still armed, our biggest concern is the safety of everyone else nearby. And so while we understand this is frustrating to everyone trying to get home on a friday evening, our biggest concern is, is the safety of everyone who may just be ....

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KTVU The July 3, 2024

Standoff with police ends in gunfire. The incident leaving drivers across the north bay stranded for hours. Weve already been in a car for like 2. 5 hours. Its a little crazy. I know a lot of people that are trying to get away for the weekend. A frustrating start to the weekend for many bay area drivers. Good evening, im greg lee and im crystal bailey. The tense, hours long standoff ending with the suspect dead from a selfinflicted gunshot wound. Officials say the suspect was involved in a freeway shooting earlier in the day, leading to a chase across the bay area. Heres a live look at the scene from fairfield. You can see officers still surrounding that car. Two suspects. Excuse me. Two lanes of eastbound 80 are now open with westbound lanes open to traffic. The scene has been active there since 330 this afternoon. You can see some of those investigators combing through that vehicle. It is a Gray Toyota Corolla there as they ....

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FBC Varney July 3, 2024

And heres the story. New jobs, stunning. 336,000. Thats way beyond any of these expectations. This suggests the labor market is still strong. The fed is probably not going to like that. The Unemployment Rate, no change, 3. 8 . Now, heres the market reaction, dramatic. The dow industrials down about 200 points. This is the premarket, of course. And the nasdaqs down 176. S p also sharply lower. Plenty of red ink. Interest rates immediately jumped on the news. The 10year treasury is now up to 4. 75. Its the all over the place, actually. Just a few moments ago it was almost 4. 80. And the 2year, 5. 13 last time i checked and now its a mere 5. 05. As i said, bond yields all over the place as they absorb this extraordinary news on the labor market. The price of oil, that was at 82 a barrel, still is. Its come way down this week. You better start looking at gas. Its really starting to fall. Regular now averages 3. 74, that thats down ....

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