Reporter moving them to another area may not work but the Host Committee tells us the basic plan to have so much going on, there wont be loom for the room for the homeless. Were going tornado entertainment, family activities, that will keep it vibrant, and 24 7 security. Reporter the mayors comments come as the city continues to grow, especially complaints among tourist. Its getting worse and there are more things happening. They cant be on the streets not just because its illegal. If they say no, you have to leave, and well give you an alternative, and youre going to have to leave the streets. Reporter wills police going to be involved . Public works, police, social services. They will all be engaged. Reporter its going to be aal order. If the mayor seems to be saying two things at once, he is. On one hand he wants to be compassionate, on the other hand, when the world drops in on the super bowl, they will be looking at San Francisco, and him as well, and he wants it to look good. Phi
La quinta live from the cbs bay area studios this is kpix5 news. A heart stopping day on wall street, tonight five words of advice for your 401k and apple ceo tim cooks unusual move to calm investors. Tonight investors have to be wondering what is next after getting taken for this wild ride. As soon as the opening bell rang, the dow dropped like a rock. Within minutes it had fallen over 1,000 points, but a midday rally started wiping out the losses, not for long, though. It plunged again closing down 588 points, a drop of more than 3. 5 . Asian markets are off to another shaky start today . Thats right. Since the market in shanghai opened its already dropped almost 6 . The nikkei is also down. For the past three sessions the opening bell has signaled the beginning to chaos on the stock market with the dow, s p and nasdaq taking massive hits. Michelle higgins is an east Bay Financial planner and money manager. She has five words for her investors. Keep calm and carry on. Reporter michel
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Minutes. Investors are hoping for recovery after huge losses on wall street. But though might not get it. Chinas main market just had its worst day in eight years. But the european markets regained most of yesterdays losses after Chinas Central Bank cut a key Interest Rate to stop the bleeding and that has american investors breathing easier. Jill wagner with the latest from the New York Stock Exchange. Reporter chinas main market plunged for a fourth straight day this morning one day after stocks suffered their biggest tumble in eight years. Chinas shanghai index lost 8. 5 monday. The massive selloff triggered by fears of an economic slowdown in the country. Part of the real issue is we dont feel like we know whats going on in china on a good day and this isnt a good day. Reporter the turbulence in asia sent Financial Markets around the world into a tailspin. On monday, the dow plunged more than 1,000 points in the first few minutes of trading. Then briefly it rallied back before clos
Thanks for joining us. In a few minutes, were gonna take you inside two truly unbelievable homes. But first, i want to introduce you to a couple stuck in a property nightmare. Which one are you looking for, jacob . Let me tell you the story of mark and yessenia. Go like this. Theyre a typical young couple. Theyre trying to raise a family and provide for their children. Weve been married for seven years. Currently, im a firefighter with the city of henderson fire department. Yessenia is a stayathome mom right now with our three boys and running the household for us. We bought our first home in 2006. After we got married, we started our family and decided we needed to get into a bigger home. Throw it we were running out of room, and, at the time, the market wasnt the best for us to sell the house that we were in, so we decided to use it as a rental property. It was about three years of living into that house, and i lost my job. Once we realized my job alone wasnt gonna handle both the mo