Theres a fire at a twostory building which is under construction with a lot of homes nearby. Its a 2alarm fire. Lets show you the location. You can see the video we have there. This is occidental where market meets it. Were working to get more information for you. You can see darkness there, a big blaze so far. We dont know anything about injuries or anything else, but we do know that its a building nasa under construction. Well continue to follow that fire in oakland. But to our other top story now, not just a hot weekend, but it could be a dangerous weekend. And tomorrow the temperatures will climb. Lets get rightanie with the updated time line. Jeff. And just mentioning off of ownt as well in oaand, o thats good news for any kind of Fire Fighting effort out there in oakland. As you can see currently were at a warm 74 degrees in concord. So still very mild for the inland valleys. But we do have that ocean breeze thats starting to return and gradually dropping our temperatures at this
Year can it keep rolling on mad moneys jim cramer is with us for the hour the Halftime Report starts right now. It is great to have you with us on this monday. Our Investment Committee today, joe terranova,ster know, and jon najarian and cnbcs jim cramer, host of mad money. Always great to have jim on the desk earnings economy and Rate Decision front and center and President Trump firing off on the fed once again tweeting that the fed raised rates too early and too often and said a small cut isnt enough meanwhile janet yellen giving her thumbs up for a cut. Although the u. S. Is doing well, i would be focused on wanting to keep it doing well, to keep the expansion on track, and i think in light of the risks, i would be inclined to cut a bit. I wouldnt see this as the beginning unless things change, of a major easing cycle. Cnbcs senior economics reporter Steve Liesman is here as well to give us his two cents and much more, i hope. Its a foregone conclusion in terms of what the fed will
Earlier on, up by 4 10 of 1 . Not the reaction draghi would have been looking for. The banks initially traded higher here in europe. Draghi is talking about tiering. The banks have wanted to talk about this for quite some time. The banks completely turned around, as did european equities, now down by 4 10 of 1 . Vonnie it is mainly about earnings in the united states, so to give early fx and bond traders watching closely so particularly fx and bond traders watching closely. Earnings. With the cofounder is leaving, but also it is losing 1. 12 per car sold. That really didnt endear itself to investors. The stock is down 13 now. Ford having a pretty negative quarter, its turnaround strategy hitting the pause button. It is down 7 . Bank takingcentral down the Interest Rate by 425 basis points today, indicating there would be more cuts to come. The Interest Rate is still almost 20 , but traders seeing an opportunity for carry here, and that has the lira stronger. Guy lets talk about the ecb
Of the illness since may 1st, and three workplace cafeterias are part of that investigation, including two of them in mclean. One in the capital one building and the other in the valo park buildinpe ple most often get infected by ingesting contaminated food or water. Right now theres not a known source for e outbreak. Wendy . Thanks, erika. Were signature on top of the latest developments of the arrest of 16 active doubty ton, rs at camp pn california. They are accused of smuggling people over the border from mexico. Todays arrests ste om an investigation that began earlier this month when two camp pend telebased marines were arrested after Border Patrol agents caught undocumented immigrants jumping in their car near the border. The undocumented immigrants told investigators they had paid the marines 8,000 to take them to los angeles. As nbcs Courtney Kube explains, theres still Unanswered Questions about the marines who were arrested today. What we dont know athis point is whether thi
Yesterday with donald trump in the oval office and he talked both sides of the question. Pres. Trump fortunately that drone was unarmed. There was no man in it. We didnt have a man or woman in the drone. It would have made a big difference, let me tell you. It would have made a big difference. I have a feeling i may be wrong and i may be right, but i am right a lot i have a feeling it was a mistake that shouldnt have been doing what they did. I want to get out of these endless wars. I campaign on that. This is a new fly in the old meant in the ointment. This country will not stand for it, that i can tell you. David but i dont to get into a war. We see two kinds of the sewing two sides of the coin within the president s and min within the president s own mind. Alix lets take a look at what is happening in the markets. Gold crashing up against 1400, and that is paired back a little bit as the missile strike was called off. Youve got s p rebalancing. All of that means a lot more volatilit