Last 10 years. That doesnt get it done. Guess what . Job cuts. Lisa how much more can Central Banks do to juice job growth at a time of zero Interest Rates . I find it fascinating that coke is offering voluntary separation programs with its employees, read, job cuts. More interestingly, yesterday salesforce. Com, one of the winners of this, and also job cuts. Tom cocacola managing the message as they always do. I dont know what their cute phrases for firings. Lisa separations. Tom exactly. That is just as phony as all of the rest of the. What is so important in that set of announcements across the bloomberg, as they make clear this is an International Strategy to right size on 86,000 employees right now, what we really need is a morning brief. Where you start . Lisa at 8 30, ancient history, which is u. S. July income and spending data for individuals. This is very backward looking based on how quickly the jobless benefits are running out and the changing scenario. We are also going to
Napa aerate reporting a half mile visibility. Highway37, highway 1, 29, 18. This is with us through the morning hours, just a heads up. Temperaturewise in the 30s to start the morning. Santa rosa, napa, and novato. Just above freezing in livermore. And 39 mountain view. And 37 in oakland. And 44 in San Francisco. These temperatures cooler than yesterday morning. Back in the upper 50s to low 60s for the afternoon. Take a look at the afternoon high experience the extended forecast into the Holiday Weekend coming up. All right, rosemary, thank you. Were still checking traffic for you even though sal is off today and the rest of the week. Look at interstate 880 through oakland right next to the oracle arena. Looking good. Absolutely no problems to tell you about. Its been nice at the bay bridge toll plaza as well. Traffic moving along just fine. Exceptionally light for 6 01 at the bay privilege. The crowded spot was its filtered out a bit. And well continue to cover the traffic for you. Th
So a tragedy like what occurred on Christmas Eve affects all of us. Hundreds of Law Enforcement officers stood to hear the bell toll for andrew camilleri. [bell] reporter his family was also in attendance. The children placed flowers at the memorial. Officer camilleri was assigned to work in hayward but he continued to live in his hometown of tracy. The body was escorted from oakland, 50 miles across interstate 580 to tracy. People lined the streets and some were moved by the officers sacrifice. He was working Christmas Eve with his partner. They were looking out for reckless and impaired drivers. Before midnight. The officers suv was struck from behind by a red cadillac at a high rate of speed. The 22yearold hayward man behind the wheel was apparently under the influence of alcohol and drugs. Camilleri died at the hospital. His recent Career Change was a longtime dream of his. It was more than a career. It was a call. He felt in his heart it was a way for him to make a difference in p
Host President Trump sat down with nancy pelosi and chuck and struck a deal. Gop leaders in the room and his to sury secretary wanted raise the governments borrowing power for 18 months. But the president agreed with democrats and they will fund the government until december along billion in funding for Hurricane Harvey victims. The headlines on the deal this morning. Washington times trump okays request to borrow and spend. Times trump bypasses gop to strike a deal on the debt. Wall street journal, trump irking the n debt gop. Thoughts on t your the deal struck with democrats for three months to fund the overnment, raise the debt ceiling, and provide funding for victims. E harvey lets begin with the north nt who went to dakota yesterday to push tax reform and said this about his meeting with democratic leaders. Prior to leaving the white house, i had a great bipartisan meeting with democrat and leaders in congress. Im committed to working with deliver for our wonderful, wonderful citi
On planes trains and truckers . Its cold, baby its cold and getting colder. Snow hitting east and midwest today. We have the forecast and we have sue standing by out from the elements at the new york stock exchange. Hi, lets take a look at the ten year note. Everybody is talking about that right now. It dipped below the 2 mark. Right now we are trading at 1. 937 in terms of the yield. Lowest we have seen obviously in the new year and actually in the ten year since october. We have Bertha Coombs at the nasdaq. Russell and nasdaq getting hammered today. Bob pisani is here with me at the new york stock exchange. We were down about 180 points or so. We have come back a tiny bit but the market is under a lot of pressure today. The three lows the low euro low bond yields and low oil all weighing on things. I want to show you major indexes right now. Tyler is right. Good time to hit on transports. They are getting hit. Russell 2000 small caps weak. Under performing the s p 500. I want to show