volatility in the stock market, the morning after a very troubling day. coming up we'll take you to the floor of the new york stock exchanges.

well, good morning to you. welcome to "mornings on 2." i'm dave clark. >> i'm tori cam be. it's friday, august 5th. wall street is reacting positively to the new jobs report fromup. the dow jumped 150 point -- from july. the dui jumped 150 points -- the dow jumped 150 points. allie rasmus is live with more. and this comes after the massive drop. >> reporter: that's right. within the first five minutes of the opening bell, we saw the dow go up 150 points. but since then, it's come down quite a bit. taking a look at the trading floor of the san francisco offices of the new york stock exchanges, just in the last few minutes we've been seeing and hearing some -- a lot of activity, some explanations,

some shouting going on, people running across the floor. as run broker told me the hope here this morning was a relatively positive jobs report was going to stop the bleeding that happened yesterday. it was the worst day in two years, with a -- with a 500- point drop. the labor report added that employers added about 17,000 jobs. but traders and brokers here -- they are not able to talk to us this morning. they are really in the thick. things are really busy. >> this is an incredible economy. it's very resilient. so i think as long as you can get some of the entitlements under control, we'll be fine. >> reporter: and just another update, the nasdaq's down about

1.4%. we're gonna continue to look here -- to stay out here. there is a lot of okay tift going on around here -- a lot of activity going on around here. so we'll continue to stay here and monitor the situation and bring it to you. allie rasmus, ktvu channel 2 news. >> thank you. and in about an hour, president obama is expected to talk about the new jobs report and will talk about a new program to help find unemployed veterans find work. coming up we'll get a report from our washington, d.c. newsroom and incentives to hire veterans. and you can get more information at ktvu.com. in overnight news -- it's 7:03. san francisco police are busy investigating a hit-and-run accident that critically

injured a 9-year-old baseball fan from philadelphia. it happened at mission and new montgomery shortly after the little boy last last night's giants/phillies' game. kraig debro has more. >> reporter: good morning, this is mission and this is new montgomery crossing you right here. now according to the family members, they were crossing mission street going northbound. according to a cousin of the 9- year-old boy, whose name is ryan white, the family is visiting philadelphia. they just attended the game and the boy is a huge fan of the team. >> gee. >> yeah. [ no audio ] >> reporter: arrested him in

hayward. >> from the time i jumped, he's hitting my cousin and knocking him into the car. >> reporter: the initial report came in around 10:30, the family who is crossing the street, ryan who is 9. mr. woody hootenned a the parents of the -- hooten and the parents of the boy, and one of the witnesses we have say the driver turnedded around to survey -- turned around too survey the damage -- to survey the damage. somebody got a license plate number and they put out on all points bulletin. the suspect was stopped in hayward. they did a breathalyzer that we spoke to said he appeared to be

intoxicated. woody's cousins say the result result -- the results of the cat scan are back now and that ryan -- those tests were ryan. he doesn't believe ryan has any brain damage so he will be able to make up a good recovery to say the least. reporting live in san francisco, ktvu channel 2 news. >> all right. thank you. 7:05. police in mountain view say a very brave 15-year-old boy scared off some armed robbers but they are not recommending how he did it. they say he was visiting a friend when his friend's father came home. three robbers followed the man inside. one of them had an automatic weapon. as those robbers couple offed with the father, the teenagers picked up a bb gun and pointed his weapon. the robbers then backed out of that apartment. police tried to track counsel the robbers with police dogs.

they did pick up a scent but they later lost it. a confirmation from the governor of chile is raising the reward money. the man was walking with his fiancee when two men confronted him ated ady lied and emerson -- adddy lied and emerson -- adelied and emmerrer isn't. the reward is -- and emerson. the reward is now $20,000. 39-year-old richard shueman of santa rosa was first arrested for allegedly pushing and choking his wife on july 19th. he posted bail but was arrested again on july 26th for violating a restraining order. his wife says he wanted her to

recant statements about the first incident. shueman is out on bail again but is also on -- but is also on administrative leave. a preliminary hearing is set for august 18th. police in her due lease are investigating a hate crime. sara davis said she went to her car and found a two-foot wide swastika carved into the wood of her toyota prius. police say they know of no other recent hate crimes in the neighborhood. they are asking anyone with information to give them a call. >> jean -- oakland's mayor jean quan is willing to discuss a teen curfew. an though any batts has been asking for this curfew ever since he took office. the city of oakland, they've

never had such a curfew -- and such a curfew. authorities in the east bay are trying to figure out how a 21-year-old inmate escaped from the courthouse e was in a private holding area -- courthouse. he was in a private holding area where he was able to sneak away from deputies and escape. he was found three hours later near his home in hayward. this was about ten miles away. officers want to know if this mistake was because of -- because of a human error or some type of design in the courthouse courthouse. let's check in with sal. >> let's go to the bad part.

this would be eastbound 4 at loveridge. there is a crash in antioch, pittsburg area, westbound 4 is slow taking a look at the activity. but as a consequence if you get on the freeway in pittsburg and bay point. by the way it is light from the benicia bridge and la fayette. let's throw in alamo and danville. westbound bay bridge, oakland, it's light. this is friday night for sure coming in to san francisco. enjoy it because in september, which is the next month away, right, it's going quick, we'll see some big backups. so just enjoy this. looking at 237, also south bay, some south bay light, 237, highway 85. even highway 17 northbound. you people who come in, if you are driving from santa cruz to -- santa santa cruz to los

gatos. let's go to reese mary. we have the blanket of clouds over -- over us. the care ack tris tibs -- the characteristics similar to yesterday. the winds are generally light, onshore breeze not as strong as yesterday. we looking at better clearing for the afternoon. areas along the east bay, oakland, all day. for the coast, we could be mostly cloudy. i stopped it here at 6:00. . i don't know if you noticed but it pushed back back in.

by already at 6:00, we'll notice the clouds are back. the conditions and the pattern that kept us cool for july continuing into august now. so low clouds and drizzle as weigh start this morning. before we start this afternoon -- they will see anything from a 4-degree or so warmup. we're looking at widespread low 80s. >> inland areas, i hope you are enjoying it. awfully nice in your neck of the woods these days. a slightly warmer that will continue wednesday and thursday. back to you. >> thank you, rosemary. house republicans feel they've scored significant

political victories lately. find out what they are eyeing as an even -- are eyeing as -- eying as an even bigger challenge.

good morning to you. temperatures cool by the coast. warm for the valley spots. 7:15. we're looking live at the new york stock exchanges. the dow, now down 21 points right now as we're looking at it. it's been up. it's been down. it's been rocky all morning but right now the dow down 20 points. we'll keep an eye on it throughout the morning. this morning's jobs report

shows veterans are still having a much harder time finding jobs. in about 45 minutes, president obama will unveil some sweeping new initiatives to try to help him. alison burns is live in our washington, d.c. newsroom with the challenge he is issuing employers across the country. >> reporter: that's right. president obama will be directly challenging u.s. companies to hire 100,000 unemployed hearts or their spouses in the next two years. and he's proposing a big incentive. it's called the returning heroes hiring tax credit. $2400 for employers who hire a veteran who has been unemployed for just a few months. $9600 to hire a long-term unemployed or disabled veteran. we learned this morning the unemployment rate for veterans is 13.3%. that's more than 4 percentage points higher than the

unemployment rate nationwide. >> this should be a shock to everyone. 300,000 veterans who served in afghanistan and iraq are unemployed. >> we'll have live coverage in about an hour. breaking news. just within the past ten minutes, we found out the u.s. senate approved legislation to end a two-week partial shut down of the federal aviation administration. now, that shut down has cost the government about $30,000 a day in taxes. it's also furloughed workers, including right here in the bay area. this is a temporary funding extension, only through the middle of september. well, republicans on

capitol hill feeling empowered now after the recent debt ceiling battle, they are gearing up for their next challenge. they want to change the constitution by adding an amendment. john boehner told the best thing -- said the best thing they could do during their august recess is to sell their constituents into the idea. 7:18. vice president joe biden's wife will head to east africa this weekend. dr. jill biden will be part of a special delegation to see how the u.s. can help victims of fa mon, sweeping the -- famine sweeping the nation. we're getting more reports

of syria violence. the sir ryan government has killed more than 2 -- syrian government has killed more than 2,000 of its own people, hillary clinton says. >> the president has lost his legitimacy to govern the syrian people. we continue to support them during their democracy. >> despite the violence, they continue to hold demonstrations, demanding change. activists continue to post video of new demonstrations daily, showing hundreds of people around the country. customers at a popular family restaurant in stockton are amazed no one was hurt during broad daylight. it happened outside of nina's

restaurant. the four people involved in the gun battle were involved in the restaurant and fired several shots outside near dozens of people who were heating and shopping. >> everyone is on the floor. i was in the restroom with the owner and she was praying. i don't know how it happened. nobody got shot. >> ironically, it was the very first day thattalled security guards were on duty -- that armed security guards were on duty. police arrived later and designed -- detained two men but two got away. cries remember is issuing tab dash chrysler is issuing a -- chrysler is issuing a recall notice. they say the air bags may inflate unexpectedly. the minivans were recalled back in january because moisture from the air conditioner could get into a microchip that deploys the air bags.

chrysler wants to reinspect and possibly replace the chip. no injuries or crashes are reported from the problem. an annal control officer near bost -- an animal control officer is being called a hero. a woman was dragging her dog. foxcy is expected to recover -- foxy is expected to recover. she will be put up for adoption. 7:21. a controversial case of breast cancer. you are about to meet the man who is fighting the disease and

discrimination is something he's facing because he's not a woman. and tropical storm emily has moved on. but the trouble it's still causing in haiti. good morning. traffic on interstate 80 is getting a little bit busier. but still, better than it normally is. !

china has issued a typhoon warning. it is expected to make landfall tomorrow. yesterday, the winds were up to 130 miles an hour. no injuries have been reported among japanese civilians. the tie toon -- the typhoon killed four people. meanwhile, emily is dissipating

after hitting haiti hard. hurricane watches and warning the have been cancelled -- warnings have been cancelled. but there's a 60% chance emily could regenerate into a cyclone. a man with dancer is fighting to get the same medical care that's only available to women. raymond johnson right there, he has breast cancer. he's undergoing chemotherapy. he has a job but it doesn't come with insurance. mr. johnson applied for a state program but he was turned down because he's a man. >> right now, i'm just stick with these bills.

7:25. we want to check in with sal who is cooping a close eye on the commute -- keeping a close eye on the commute. >> all right. the compute is -- commute is doing well if you are on the bay bridge toll plaza. this is friday daylight. let's move to the south bay. i want to go to another kind of standby. when you look at 237 and you don't see a lot of stop-and-go traffic, i would say that's lighter than usual. also, 880 nearby is looking pretty good. we're going to the north bay, fairfield/vallejo, 80 westbound looks good. if you are driving to the vallejo area, pinole and richmond that traffic looks good. people are slowing down in both directions to take a look at this crash. let's go to rosemary. similar to the start --

similar start to the morning. the blanket of low clouds. we'll see this burn off. take a look at your afternoon highs. widespread 60s and low 70s, right around the bay. upper 70s to low 80s for our inland areas and a chilly one by the coast with mostly gray skies. friday, saturday, sunday, notice very little change with the a.m. clouds, afternoon sun. the opening bell rang just one hour ago. all eyes are on the stock market after yesterday's market meltdown. also, just hours ago a woman found stabbed to death in san jose, the connection between the victim and the man accused of killing him. new video of a crash at a bay area bank. police say an elderly woman drove right into a lobby full of customers.

all eyes are on wall street where there were strong gains. in the past half-hour, much of those gains have faded. pam cook's in the newsroom to explain how today's market reaction is tied to this

morning's jobs report. >> good morning. certainly investors around the world watched as our opening bell rang around about -- rang about and hour ago. [ opening bell ] >> after the 500-point drop many looked for the selling to continue but had this morning's monthly unemployment report was a welcomed surprise. more jobs were created last month than economists expected. and surprisingly the unemployment rate dropped to 9.1%. on that news, the dow shot up about 150 points. but that did not last long. if you look at today's chart, it really look the more like a richter scale. weigh want to know how we're doing. right now, the dow jones is up about 3 points. it has been down, though, in the last half-hour. now you can see it's turning down again. a lot of this volatility has to

do with the job market. the volatility in the markets and the number of people continued out of work continue to hurt consumer confidence which in turn means people are not spending money and, of course, consumer spending accounts for about two-thirds of economic activity. a lot of volatility continues. we went to the stock exchange to hear from the pros, what they are saying, they are saying, yes, we have a little bit of good news.

but overall, the economic picture's not changed and it's not very good. back to you. >> thank you, pam. overnight news at 7:32. san jose police are very busy investigating an early-morning stabbing death of a woman. jade hernandez is live at the apartment building where this happened and you've been talking with neighbors. >> reporter: we have. we're learning a lot from neighbors, dave. we're live. you can see police are still out here this morning, a neighbor told us that the woman killed and the man taken into custody right here at the complex new each other and moved into the complex recently. police are not saying much about this investigation right now. they have said that officers arrived to find a woman stabbed to death inside an apartment around 2:30. officers arrested a man found outside. we just spoke to a woman who lives two apartments away from the deadly stabbing took place. here's what neighbors had to say about their this morning. >> there was screaming of noen,

edward -- of no, edward. >> a police officer walked up and asked me where the p building was. i pointed it out to him. and i said it's right there and then the next thing i heard was get down on the ground. get down on the ground. get down on the ground and they had him on the ground an they arrested him. >> reporter: we -- and they arrested him. >> reporter: you are looking at the san jose police department command center. we know that police are still investigating this homicide right now. the neighbor we spoke to said she called 911 after she heard all of that commotion and noise. she was really shaken up. she said she had heard the couple fighting before she cannot -- she did not realize

the argument could escalate so fast. jade hernandez, ktvu channel 2 news. 7:34. new this morning, police say an 84-year-old woman drove her car into the lobby of a vallejo bank. it happened yesterday at the u.s. bank at tennessee and amador streets. we took this video of the crash scene just a few minutes ago. police say there were about 20 people in the bank at the time of the accident. one person was seriously hurt. two others suffered minor injury. it's still not clear what led up to the crash. police are trying to decide whether to cite the driver. people living in oakland have launched a new campaign against the world's oldest profession. last night dozens marched, determined to take back their streets from prostitutes.

tonight, lefty o'doul's is hosting a wake for john toomey. he was found dead in his hotel room. he was the long-time santa at macy's. he was let go for telling an inappropriate joke and was then hired at lefty oduel's. the event begins at 5:30. the deadline to file the pailers to run for san francisco mayor is just one week -- one week away. the head of the police union says from what he's heard he will make an know machines on -- an a -- and announcement on monday. >> we got your back!

ya! >> volunteers consultants and other stuff with the run, ed, run, campaign have been making posters and van vatsing neighborhoods. now the city's ethics commission said those taking part in this should not join lee's campaign. that would violate the rules that celebrate candidates dash candidates and third-party campaigns. the first full public draft of a restoration plan for the delta has been released. it comes after years of concern over an increase of water

demand. the delta council is proposing rules on river flows, fees for utilities that depend on the delta levees and more conservation from farmers. the plan will be the focus of an environmental impact study, which must be completed by december. a football player injured during a football game has come out of a five-week coma. they say he can list per a little bit. he's starting to remember some of what happened to him. he's been discharged from san francisco general hospital. he is at an undisclosed rehabilitation facility. the investigation into exactly what happens continues. families of those swept over yosemitety's vernal falls have launched -- falls have

launched a petition. they are hoping ascent can be be picked up. the three college students -- hoping a scent can be picked up. the three college students' bodies could be under the falls, until after the water recedes, it's reported. former phone company technician, kim fahee, has been dismantling what he calls phone hinge west. it's in the sparsely populated town of acton in los angeles county. he was convicted in a -- on a dozen building code violations last june and is scheduled for sentencing today. fahee bit his family home. he has 10 children. coca-cola is out and pepsi

is in. the switch comes after perkily's ten-year contract with coca-cola -- after coca- cola expireed. 7:39. hey, sal are the drivers still taking it easy on you this morning? >> he, with he they -- well, they are in many areas. we're look at traffic that's been -- we're looking at traffic that's been lighter. we're always looking for traffic in san jose and in the valley commute. today it seems to be taking a little bit of a break with easy conditions along downtown san jose. 880 at oakland, the traffic continues to look pretty good here. we've been watching fairfield to vallejo and vallejo traffic getting out to marin county is looking okay -- is looking okay. pinole we have a little bit of traffic in both directions on

interstate 80. of course we always have the slow traffic in antioch on highway 4. pittsburg and bay point, looking pretty good. let's go to rosemary. happy friday. it's been an entire month since we saw the pretty big heat wave where many of us hit 100. do you remember that? we're gonna be below average this weekend starting with today. temperatures will climb a little bit in the afternoon but we're dealing with the low cloud and fog once again this morning. our winds, johnlely light, even calm out there. a southeasterly breeze at sfo. it's light through fairfield, the delta breeze is blowing but not as strong. the temperatures very similar to how we woke up. widespread, muper 50s -- mid- to upper 50s, san francisco, and concord 5. 62 in is -- 58.

we do see a nice warmup. still average this time of year. it's due to this, the trough that continues to hang on. it will will be here through the weekend. temperatures will fluctuate very subtly. so for 9:00, upper 50s on the coast. warming for the inland areas. by noon, upper 50s and mid-70s for tomorrow of the warmer spot. take a look at these highs for today, 77. 67 expected berkeley. by the coast a chilly day. your extended forecast. let's talk -- let's talk about the weekend for a moment.

we're not gonna see a whole lot of change. monday, tuesday we do begin a nice little warmer trend, tori. pilot in trouble why two f- 16 fire sets had to intercept the plane being flown by a 75- year-old woman.

taking a live look at the big board on wall street, it is a volatile day of trading so far in new york and around the world, in fact. after the dow's huge drop

selloff yesterday, down over 500 points. the market rose, the dow rose up 150 points right at the opening bell this morning because of the jobs report that 117,000 jobs were added in july and unemployment down 1.1%. the markets are dipping back and forth in negative tori -- territory. crude oil prices are up slightly. it's now hovering -- hovering near $86. the national average for -- the

national average. in its first press conference as defense secretary, leon panetta reacted to the deep cuts mandated by the debt deal passed by congress. he says his department can deal with the $400 billion in cuts in the deal but he warranted against a further wound of -- round of cuts that would kick in if a special committee cannot come up with other ways to result the deficit. >> if it did happen again, it would result in a further -- in a further round of very dangerous cuts, cuts that would do much damage to our security, our troops and their families

and our military's ability -- ability to protect the nation. thailand's next prime minister will be a woman. for the first time ever, the nation's parliament evented a -- elected a female. she's 44 years old -- she's a 44-year-old political novices who brother was ousted by a military coup. time now, 7:48. two air force firefighter-16 fighter jets intercepted a flight near chicago. her flight entered restricted airspace during president obama's visit on wednesday. they say the woman was driving the -- flying the plane by

herself and did not realize she was in private territory. the faa shutdown is costing $30 million a day and it also furloughed many employees, including many here in the bay area as well as airport construction workers, some here in the bay area. because the senate is on vacation, the bill was passed through a special procedure called unanimous consent. it's only a temporary funding situation. last night, loses marched through city streets determined to take back their streets from prostitutes. they say aggressive street walker have -- streetwalkers are destroying their neighborhoods and vowed to immediately call police the minute they see a customer hooking up with a customer.

amber lee talked to one woman who said she has no choice but to work the streets. >> that woman said she's 21 years old, single, with no high school diploe cau 0 -- diploma and no skills. she can make $300 in a good day walking the streets of oakland. 7:50. a palo alto panhandle is facing a $50 fine after bebeing -- after being found guilty of i -- of violating the sit/lie law. frost is pretty well known for breaking the law. he says the first amendment allows him to sit on sidewalks. he has until next month to

decide whether he will appeal the ruling. police are searching for -- look on the left of your screen. he stole out of a woman's purse in a market. then he went home -- went to her house really to apologize. he was captured on surveillance cameras going after her purse after the woman stepped away from the grocery mart. a woman said someone knocked on her door, gave her back the gps, $100, and a letter for apologizing for what he said was out of character. the police are not accepting his apology. >> we know that's a law. he went there to steal a purse and commit a crime. >> police say they believe that man planned to blend in for a -- blend in as a shopper while looking for a victim. there are reports of hiring concerns ahead of the 2013

america's cup yacht race -- cup yacht race. local labor advocates are concerned that america's cup organizers don't have a plan yet to hire local residents for jobs. but the head of the organizing efforts says a work force development strategy will be implemented as the overall picture -- overall picture comes into greater focus. going after the fake apple stores. how they are trying to cash in on apple's store. and one last song by amy winehouse. how it will be used to help other people. [ man ] i got this new citi thankyou card

and started earning loads of points. you got a weather balloon with points? yes i did.

[ man ] points i could use for just about anything. ♪ ♪ there it is. [ man ] so i used mine to get a whole new perspective. ♪ [ male announcer ] the new citi thankyou premier card gives you more ways to earn points. what's your story? citi can help you write it. welcome back. apple is suing the people who are running fake apple stores. we first told but fake apple stores in china last month. but apple says oh, no, it's happening in this country, too.

the lawsuit is still under court seal but there's one report that says one of the companies being used is based in new york and it has the name apple story. also reports this morning that the old navy clothing store in vallejo may be closing soon. two store pleas are telling the -- employees are telling the "times" that store will be closed next month. two years ago, the cost plus store went out of business. no comment from old navy. well, proceeds from the last song by amy winehouse will go to charity. she's featured on a track of tony bennett's album. the release, tony bent net says, will be released -- tony

ben etette says -- tony bennett says will be reout before his -- will be out before his album. the proceeds will go to charity. fire investigators in contra costa county still don't know for sure what caused five fires near train tracks but they say a freight train is likely responsible. fires broke out in the town of nightson. neighbors received an emergency phone call ordering them to stay inside. fire crews from as far away as morgan hill responded. >> east contra costa has been going through the same cuts as

everybody else, as other agencies, our district only has six engines on duty. we had to ask for a lot of help. >> one man lost a classic car and heavy equipment. another neighbor lost 22 bee hives worth as much as $1,000 each. >> cal/osha wants to know why scalding gave way on a san francisco high-rise building. the men just drainled by the safety harnesses there. you are looking at -- dangled by the safety harnesses there. you are looking at cell phone video of berry street in mission bay. firefighters pulled one man to the roof. the other one was pulled in through safety -- pulled in the window. we want to check in again with sal. we are going right into 80 --

into 880. as we move along we're going to also look at the bay bridge toll plaza in oakland and westbound very light. we have light conditions there as we look at the commute in concord and walnut creek southbound 680 is getting slower between pleasant hill, concord and walnut creek. let's go to rosemary. >> okay. do you have sunshine outside your door? did your -- consider yourselves lucky. they will persist through the weekend, the low clouds through the morning afternoon sunshine. temperatures unseasonably mild. sound familiar? take a look at the afternoon highs expected for today. upper 50s, low 60s at the coast. mid-60s, san francisco. widespread 60s around the bay area. our inland spots hitting 82 for fairfield. 83 in concord. 83 for livermore. the trough hanging off the coast isn't going to budge. we have a few days -- few ways that will move through.

a little change expected for your saturday. we'll wake up with a cloudy start on sunday. the afternoon sunshine and now take a look at your temperatures. they don't budge much. we do get a warming trend on monday, tuesday. but again no summer like weather in the forecast, at least for now. at any moment, president obama is deathed to publicly -- at any moment, president obama is expected to publicly respond to the jobs report. we'll have live coverage. >> reporter: volatility in the stock market after a very disappointing day on wall street. coming up, we'll have a live report.

good morning. welcome back. i'm tori campbell. >> i'm dave clark. it's friday, august 5th. we're watching wall street. it's like a roller coaster. it jumped 150 points.

as allie rasmus tells us live now, most of the gains are gone. it's been up and down and alley, what do you know now? >> reporter: well, it's been a roller coaster ride out here. we're on the san francisco trading floor of the new york stock exchanges office in the -- stock exchanges office. you can see and hear a lot of activity. there's a lot of traders out here. they are monitoring the situation closely just within the last ten or 15 minutes we've heard a lot of shouts of excitement and i spoke to one of the analysts and he said when the market opened, the general mood was one of apprehension. the dow had a bad day with the drop. now, today, in the first half- hour after the opening bell at

6:30. the dow shot up about 150 points. it's just been see sawing up and down -- see-sawing you and down since then. and as of right now, the dow is down about 40 minutes. nasdaq is also down, about 20 minutes. this is in spite of the relativery positive news that came ut -- relative -- of the relatively positive news that came out. corporate profits are up but unemployment is still high. despite the labor report, the reality is a lot of people are still out there looking for work. >> you -- you see this 9% unemployment, you see slow growth in the unemployment. >> reporter: now the

unemployment in the u.s -- knew, knew -- now, the unemployment rate in the u.s. is over 9%. that's affecting trading this morning. taking a look back out here live, you can see the workers monitoring what's going on. at last check, the dow was down about -- about 45 minutes it looks like right now -- 45 points it looks. we will check back with you guys later in the show. allie rasmus, ktvu channel 2 news. >> down 45 points as you say. happening right now, at 8:04. we're look live. we're looking -- 8:04, we're looking live. we're looking at the white house. president obama will be announcing a program to help military veterans talk about jobs. we're also expecting him to talk about the jobs report that came out. the president is visiting the washington naval yard he will

be outlying details about incentives for companies to hire -- to hire employees. coming up at 8:15 we'll have a live report from our washington, d.c. newsroom about what the president is saying. you can track the stock market and get all of the latest news on the economy, just go to ktvu.com the look under the wall street tab a -- wall street tab at the top of our home page. 8:05. in overnight news, san francisco police are investigating a hit-and-run accident that critically injured a 9-year-old baseball fan. the accident happened at mission and new montgomery shortly after the little boy left the game last night. cy debro talked with a family member who was with the -- kraig debro talked with a family member who was with the child at the time of the accident. >> reporter: we're at sf general where ryan white is in

icu. i just went in there to try to get information about his condition. i have some informs information. i just talked with dangerfield and he says the suspect is 21 years old. i don't know a city or an address. he also said in addition to ryan white there was another person injured during the hit hit and run this all happened around 10:30. he says a white suv and we've just learned it was a pickup truck, a toyota tundra, ran the light, hit the vehicle and the collision pinned the boy against a parked car for a while. without backing up suv continued eastbound on mission. >> he was not sober and he -- he came back around to the scene of the crime obviously

not realizing what he was doing and then he turned back around and got out of here -- and got out of there. >> when we got to see the guy in person after they cut him -- that guy was really drunk. does he know? i don't know i am sure he knows how. i'm not sure he knew then. >> reporter: police put out a lookout alert. they spotted the vehicle around 1:00, lieutenant dangerfield just told me that. and the witnesses were actually -- drove themselves to hayward to i.d. this person. last we heard, he was being detained no. word if he has been arrested under suspicion of drunk driving or any other charges this morning so far. r reporting live from san francisco, kraig debro -- reporting live from san francisco, kraig debro, ktvu channel 2 news. >> thank you. a search is underway for two men who allegedly tried to lure young men in their cars

near rollo elementary school. police say it doesn't appear the two incidents are related, at least not now. they say a man in his 20s tried to lure them away from their home. a similar incident happened on miller avenue. police say a man tried to get a 10-year-old girl in his car. take a look. he's about 30, goatee, short, balling hair. the car is said to be a dirty 1990s honda with a black roof and a modified exhaust. nasa is busy this morning with the launch of a new kind of spacecraft. it's set to blast off within a half-hour on a special mission to deep space. coming up at 8:34. we'll go live to cape canaveral for the lift-off. >> exciting. >> yeah. 8:0. hey, sal, how -- 8:08. hey, sal, how did you get bay area drivers to behave

themselves? >> well, at the bay bridge it's doing well, at the toll plaza. so what's really going on here is a combination of august vacations and on fridays we typically do have fewer people who go to the office in the morning anyway. they might go later or work from home or perhaps some people are lucky enough to take friday off. is that you? well, i'm jealous. southbound looks pretty good on the peninsula. across the bay if you are driving in hayward,une upcity if you drive this way every day, i think you will notice it's better than it normally is. we're looking at the livermore valley well slow traffic here and there from livermore over to dublin and pleasanton. let's move to interstate 280. that's very nice here near bird avenue getting up to highway 17. here's rosemary. good morning.

starting with gray skies and into the valley this morning but we're beginning to watch it burn off just a little bit over our valley locations and it will be retrieving to the coastline or near the -- to the coast or near the coast this afternoon. the system that actually took us for a tumble yesterday, at least our inland temperatures now off to the east over idaho or so but this pattern here is sticking around for the weekend. we are going to continue with this unseen so -- unseasonably young weather. we're waking up with the low clouds this morning. even a little bit of patchy drizzle. for the afternoon, the inland area will barm anywhere from 4 to 8 coles -- warm anywhere from 4 to 8 degrees -- degrees. as you get out, going to feel

very similar. your forecast here, by 9:00, 9:30, look at the -- look at valley locations. it's hanging tough right along the coastline. by dinnertime, into sunset, low clouds are back. no surprise. let's enjoy the afternoon. another pleasant day for the! 78 expected in napa for the afternoon. 77 in novato. go farther inland, east bay looking at low 80s. 83 for livermore. right around the oakland/hayward area, upper 60s expected. 73 senate -- san mateo -- 73 san mateo. not a beach day. gonna be mostly cloudy, very cool, upper 50s, low 60s. and through the weekend if you have your options open, maybe head inland, it will be nice and warm. low0s in the forecast -- low 80s in the forecast you can see there. back to you. >> all right. thank you. 8:11. former governor schwarzenegger is trying to settle a nasty

dispute but this one has nothing to do with the sex scandal that tore apart his marriage.

well, there is a nice sight. good morning to you.

happy friday. all right. we wanted to give you a live look at big board on see it yourself. a lot going on. but now down 94 points. it is:sh. president obama is -- it is 8:14. president obama is about to unveil a new program designed to find unemploymented military veterans find work -- unemploy military veterans find work. you can see a military officer is speaking right now at the moment. the president is also expected to talk about the better-than- expected job numbers as well as the economy. we'll continue to monitor that. right now, alison burns is in our washington, d.c. newsroom with the challenge being issued to us across the country. >> reporter: that's right. president obama is challenging

american companies to employ 100,000 veterans and their spouse the next few years. he's offering big incentives. mike mullin is making opening comments, and president obama will be speaking any moment now talking about this morning's labor department report and the stubbornly high unemployment rate for veterans. it's at 13.3% more than 4 percentage points higher than the unemployment rate. to try to turn that return, president obama is proposing a tax credit. $2400 for hiring veterans out of work for a few months. $9600 to hire a long-term unemployed or disabled veteran. president obama will also be announcing a new traffic stores to help veterans transfer the training and skills they learned from the military into jobs in the private sector.

reporting live from washington, d.c., alison burns, ktvu channel 2 news. >> all right. thank you. we will be continuing to monitor president obama when he starts talking about the new program to help military veterans find work and when he begins talking we'll bring that to you live. a special mass is beingle held in chile. it's the first afterof the day that 33 miners were trapped under ground for two montes. they were finally rescued one by one. just like that. some of the men today are still struggling with psychological problems. although they receive gifts and were on tv. >> some of them are still without work. can't make a living. a book and a movie deal for their story may improve their finance am situation soon. well, the court fight to determine whether governor arnold schwarzenegger is the authority to shorten the prison sentence of a form her assemblyman's son, that's

scheduled again. arnold schwarzenegger reduced the sentence for him from 16 years to 2 years. 22-year-old luis santos died in that attack. today, the founders of burning man are launching a nonprofit organization in san francisco. it's called the burning man project. the event founders plan to build what they are calling an urban culture center that will provide gathering and gallery spaces. classroom and sights for ritual and security. ed lee will help launch the nonprofit. burning man is an annual gathering at the nevada desert. last week tickets sold out first time in the event's 25-

year history. right now we want to talk you live to washington, d.c. where president obama is about to speak. he will be outlining incentives to hire -- for those veterans who have been having a hard time to get a job, for them to be hired. you can see the top of his head as he awaits --' awaits for the -- as he awaits for the applause to die lawn. let's wait for president obama. >> i'm just waiting here. [ laughter ] >> we just heard his teleprompter is down. and we know what a problem that can be. the president is known for using a prompter.

>> and for such serious statements e wants to be as accurate -- statements. he wants to be as accurate as possible. we know what that is like. >> we don't know that that's the problem but the president is waiting for a specific reason, maybe another problem as well. he's at the washington navy yard set to help find veterans get work and there will be a tax credit starting at $400 for employers -- $2400 for employers hiring veterans the. >> you can see something is going on. we're watching the president's major announcement. we're gonna take a break. >> well, thank you very much. good morning. i'm glad somebody told me that was the last one because i had lost count. [ laughter ] >> it's great to be here at the navy guard and, first of all, i

want to thank admiral mullin for being here and for his four days of extraordinary service to this country. i want to thank him for -- for an old guy, i -- for saying for an old guy, i look okay. i appreciate that. [ laughter ] >> this may be one of the oldest shipyards in the united states but today it's used to addians much of the technology is the -- advance much of the tig in the military. let me start by saying a few words about our economy. there is no doubt this has been a tumultuous year. we weathered the arab springs effect on oil and gas prices, the japanese earthquake an

tsunami and effect on supply chains, the economic uncertainty in europe and reap sently markets around the world have taken a bumpy ride. my concern right now -- my singular focus is the american people getting the unemployed -- getting the unemployed back on the job. rebuilding their wages. and helping them recover fully as families and as communities from the worse recession that any of us have ever seen. today we know that our economy created 154,000 private sector jobs in july. that's the strongest pace since april. the unemployed -- the unemployment rate went down, not up. but while this marks the 17th month in a row of job growth in the private sector, nearly 2.5

million private sector jobs in all. we have to create more jobs than that each month to make up for the more than $800 -- for the more than million jobs the recession created. we need to build a several- cycle when the companies are growing and the economy is growing. we know that. that will take some time. what i want the american people around parters in around the world to know is this -- we're going to get through this. things will get better. the process was delayed. if we want our businesses to have the confidence they need to get cash off the sidelines an invest and hire, and we gotta do better than that.

we have to be able to grow the economy right now and strengthen our long-term finances. that's what american people expect of us. leaders -- >> you've been listening live to president obama speaking at the washington navy yard. i just want to clarify. the reason there was a pause in the -- before he spoke, it was a moment of silence for the troops. i just wanted to mention that. you can see the bottom of our screen, the dow is currently down 123. but the president said its -- its number one purpose is -- he says that even though the job growth, good job numbers is encouraging, a lot more needs to be done to replace the more thanle 8 -- to replace the more than 8 million jobs. he remains defyian in this.

we'll take a break and be right back. charming farmhouse. right next to my posh castle! i'm sensing a theme here. well, i am the queen, dear sister. get your annual ikea catalog today.

let's go to sal and see what's mapping on the roads -- happening on the roads. >> good morning. you've seen for yourself, the freeway conditions are just a little bit better than they normally are here in oakland where we normally see stop-and-

go traffic. today it looks pretty good. the toll plaza -- the toll plaza looks very good getting up to the pay gates. youette peninsula has become better in the last few minutes. at 8:27. let's go to -- at 8:26, let's go to rosemary. good morning. giving you a look at what's happening out there. importantty of gray -- plenty of gray. afternoon highs are expected to take a little bump, especially the inland spots, 83 for concord. 77 santa rosa. a cool day by the coast, up -- coast, upper 50s at pacific you can with mostly gray skies. your weekend plans include temperatures unseasonably mild. low 80s for our inland areas with a gradual warmup starting next week. 8:28. a bay area teenager scares off some armed robbers.

now he -- now, how he did it is raising eyebrows. >> reporter: we're live in san jose with more details about an investigation involving a woman who was stabbed to death overnight. plus -- it's nasa's first major space mission since the space shuttle. look at this live picture. blast-off is just minutes from now.

you can't jump that! it's two chicken patties, topped with bacon, and melting cheese plus seasoned curly fries and a drink for only $3.99! what do you know? your only a baby! vrrrrooooom! i'm t-rex and i came out of extinction cuz i heard the combo was back! and that got a million hits? yep. why do we even make commercials anymore? 'cause you like to be in them.

in overnight news in san jose, a woman was stabbed to death overnight. ktvu's jade hernandez has been out there talking with neighbors as police peace together what happened. jade? >> reporter: that's right, dave. police just opened up the gate to this apartment complex about

20 minutes ago. we can show you that there's some officers out on the scene. you can see the apartment in question where this deadly stabbing happened last night. you can see it's still roped up and some officers are down the way. we're live at the kylie park apartments in san jose. a neighborhood told us the young woman killed and the -- and the man taken into custody now each other. officers arrived to find a woman stabbed to death inside an apartment around 2:30 this morning. officers arrested a 48-year-old man found outside without issue. we spoke to a neighbor and she said she called 911 but wish she could have done more. here's how she described what she heard. >> heard a bunch of -- you know, just commotion, commotion

inwent to -- i went to walk around and i could hear her saying no, no, no. a police officer came up to me and said where is the p building. i pointed to the building. and then the next thing i heard was get down on the ground. get down on the ground. get down on the ground. they had him on the ground and they arrested him. >> reporter: police are not arresting the victim's name and a spokesperson for the department says he won't be able to give him an update until after 9:00. 8:33. mountain view police say one very brave 15-year-old boy scared off some armed robbers but they don't recommend how he did it. they say he was visiting a friend when his friends gather came home. the three followed the father inside. one had an automatic weapon. as the robber scuffled with the father, the teenager picked up

a bb gun and made it click like he -- like he loaded it. the police tried to track the roners with a police dog which picked up the scent but then they lost it. right now, happening as we speak, look at this. this is a new solar-powered spacecraft. it's about to blast-off from cape canaveral. that's juno getting ready to blast off and go to the planet jupiter. it will take about five years to get there. juno, very unusual because it's powered by three very huge solar panels. earlier programs have rely odd different power -- have lee i -- have relied on different power. here live, about to blast-off

touppy ter. we wanted -- to jupiter. we wanted to show you that live. >> it's tuy a few minute -- it's actually a few minutes late. once we found out why, we'll it to you. chief anthony batts has been asking for a teenaged curfew i says it's considered a standard pool in many cities across the nation. oakland has never had a cure fewer. 76 homicides including six officer-involved shootings. some feel a teenaged curfew is a -- is an idea they are considering. an inmate fled. and members of the special unit

found him about three hours later, year his home in hayward, about ten miles away. officers are trying to determine if his escape was due to human error or a design flaw in the courthouse so they can prevent this from happening again. in sonoma county, a chp officer is out of jail after being arrested twice for charges of domestic violence. 39-year-old richard shueman of santa rosa was first arrested for allegedly pushing and choking his wife on july 19th. now he posted bail but was arrested again on july 26th for violating a restraining order. his wife says he wanted -- he wanted her to recant statements about that first incident. shueman is out on bail again but he's also on leave from his job. a preliminary hearing is set for august 18th. police at hercules are investigating what they are calling a hate crime against a jewish woman. sara david said she went to her car wednesday morning and found

a two-foot wide sauce tickty parked on the hood of her toyota prius. her car was parked at the m et al space at her -- at her complex. if you have any information about this, give police a call. 22-year-old andrew dow and his father ed were found dead one week ago in their los gatos home. investigators believe ed dow shot his son before taking his own life. they say andrew dow was fighting cancer and his father may have been trying to spare him from suffering. tori, we've been watching that juno launch. wife's been told it's been about -- it's been delayed for about five minutes. we'll switch back but we wanted to let you know what happening

with the delay. no delay with sal. he know what's going on with the commute. >> thank you, dave. we do know what's going on with the commute. we're gonna start with our livermore-based mule, looking pretty good there. there are commute, looking pretty good there. as we move to hayward, union city, fremont, we also notice a lighter than usual commute. 237 westbound, you can see some stop and go so finally people are getting a late start. this moving on 280 northbound that looks pretty good getting up to highway 17. that commute has been very nice. 8:3. let's go to rosemary. it's a gammy start. take a look. we're covered. we have the gray skies overhead. our marine layer will be burning off and we'll have

sunshine for the -- outside of that, the conditions are not too bad. the winds are light even calm around the bay. we have the delta breeze. not as strong as yesterday which will have you fill in the chill. we're watching the temperatures rebound for today. in the inland spots we'll warm anywhere from 4 to 8 degrees -- 8 degrees. it's 62 in san jose. we're look the we're looking at widespread 60s. in the -- 60s in the menlo park area. we're gonna continue with this pattern. high pressure off to the east heat but not strong yu to bring us any real warmth. we'll be with this trough in time for your weekend. that means we continue with the very same pattern that we have this morning and today. low clouds and fog. even some drizzle out there.

for the afternoon, we saw a pretty big tumble is -- we start of -- we sort of hold studies. santa rosa for the second half of the day, 7 in napa. upper 60s for the east bay. 6 for oakland. 7 -- 68 for oakland. widespread 70s low os. it will be gorgeous -- low 80s, it will be gorgeous in the valley. 70s for the peninsula area. redwood city, menlo park. mid-60s for the city of san francisco. a cool day by the coast. upper 50s and low 60s there. we will not warm much for the coast the entire weekend with the morning clouds clouds, perhaps some afternoon sunshine and a mild inland location for you -- temperature for you there. back to you. >> thank you.

leaders in one bay area city try to put a stop to deadly gang violence. why critics, though, say police are going too far. an unbelievable story. gunfire on a crowded bus how it is tried to a mother and her child. wñ

we're looking live at the big board on wall street. look at the dow. down 119 points. right now. it's been a vol law till up-and- down morning. the -- volatile up-and-down morning ever since the jobs report came out. it jumped but the gains are gone because of continuing worries about a possible double- dip recession. all of this follows yesterday's massive 512-point drop. again, the dow down 105 points. >> our innerveddible -- our incredible men and women need to know we value them for not only what they do in uniform but what they can do when they come home. >> that was president obama talking about a new program to

help unemployed military veterans find work. the program offers credit starting at $2400 to those employers who hire out-of--work veterans. police are investigating the death of a stabbing around 2:30 this morning. a 48-year-old man who lived with the woman who was stabbed is now under arrest. san francisco police are investigating a hit-and-run accident that critically injured a 9-year-old little boy -- a -- a 9-year-old little boy. kraig debro has been following the story all day. >> reporter: good morning, tori. we spoke to his cousin. it was all -- that person was also a witness. he said the boy had a cat scan

and it was negative. we're told that's only half of the story. he has a long way to go. on the bay home, a -- way home, the little boy was hit with a white suv. >> i saw a white suv going down on mission. it hit a car and then it drove off. i didn't -- and then it came back around to return to the scene of the crime and then hit a taxi and then took off again. >> reporter: the vehicle was eventually stopped in hayward. during the chaos on mission street, several people chased after the vehicle on foot writing down the license plate number trying to see and remember his face. some had seen him slam into the vehicles minutes earlier. he was walking ahead of his 11- year-old brother, and cousin who live in san francisco. the cousin says the toyota tundra ran a red light on mission, hit a vehicle and then

hit his 9-year-old cousin. >> the cat scan came down negative. no brain damage, which was the main concern. he's gonna be around for a while. he was -- he was supposed to be heading home soon. >> reporter: now, i spoke with lieutenant troy jangerfield -- dangerfield from the san francisco police. he gave me the details. in addition to the 9-year-old boy hurt, there was also a woman hit last night. the also the suspect, he's said to be 21 years old. we don't have an address on him, we don't know if he lives in hayward and that's why he was out there. we also don't know if he is under arrest. the latest detail is he's being detained but not arrested. kraig debro, ktvu channel 2 news. 8:47. and new this morning, police say a car driven by an 84-year- old woman smashed right through the lobby of a bank in vallejo. this happened yesterday at the u.s. bank and tennessee and

amadore streets. police say there was were -- there were about 20 people in the bank. one person was seriously hurt. two others suffered minor injuries. just a couple of months -- moments ago vallejo police gave us new details about the crash. >> the driver had mistakenly put her foot on the gas instead of the brake. again, she's 84. so she was confused and crashed through the doors and a pillar -- pillar. >> police are deciding whether to cite her. it's possible she could lose her driver's license. a retired teacher was in court. he was arrested on wednesday -- wednesday. investigators say he abused a former student at irvington high for three years.

norton taught there. norton faces seven felony charges, including sexual assault and kidnapping. a trial is now underway for six people involved in a shooting on a bus in philadelphia. surveillance videos were presented as evidence in the courtroom yesterday. one woman said it all started when he hit sized a woman on the bus for spanking her child. she said she then made a phone call, got off and that's where two men opened gunfire. 13 shots were fired but no one was hit. police in palo alto have released photos for two suspected gang members wanted for questioning in recent homicides. the two men are suspected in two killings in east palo alto and one in colorado. those killings in east palo alto follow a very violent year in that city. last night the chief police

held a meeting to talk about this problem. some are worried that the police response may cause even more problems. >> you cannot allow these police officers coming from different jurisdictions coming into east palo alto and the east palo alto police department, due to the war on drugs just to make a -- >> we have a lot more things to do that our goal must be not to have another murder in east palo alto this year. ten minutes before 9:00, trial lawyers could soon be barred from dismissing potential jurors because of their sexual orientation. the 9th circuit court of appeals in pasadena is now hearing a case on the issue. it comes after a prosecutor dismissed a lesbian from a los angeles jury last year because of fears she may be sympathetic to a gay defendant.

current law sauce it's illegal for attorneys for dismissing this because of their race and gender -- gender. a judge's decision will return to -- will determine whether an tony has to return to -- anthony has to return to caught. the judge who sentenced anthony to a year in probation for a check fraud conviction, said he intended the probation to start after her release from jail. 8:51. we're talking about forway again -- norway again. tragedy. what happened with a polear bear that left -- polar bear that left one person dead. can i eat heart healthy without giving up taste?

a man can only try... and try...and try. i heard eating whole grain oats can help lower my cholesterol. it's gonna be tough...so tough.

my wife and i want to lower our cholesterol, but finding healthy food that tastes good is torturous. your father is suffering. [ male announcer honey nut cheerios tastes great and can help lower cholesterol.

a british tourist was fatally mauled by a polar bear in norway. four others were hurt. a helicopter had to be flown in. the men were part of a tour group of about 80 people. one person in the group shot and killed the bear after the attack. there have been warnings about these bear attacks after several were spotted in the area. a sonoma county man attacked by a pig has been released from the hospital.

ernie danneders -- earny sanders was -- ernie sanders and his party reportedly wounded a bore. but it bit sanders and then the hunters killed the pig. 8:54. disney now, among three studios working on a remake of the classic fairy tale "snowwhite." in the original version, she had seven dwarfs but in the remake they are a band of lost warriors, believe it or not. they have special fighting skills. the warriors -- warriors run into an english women in china who is being shaysed by an evil spirit. this is different. une verse sal -- universal is also working on a remake. you have to see this. a lightning bolt almost hit a tv news camera man. >> all right. i'm done! >> hear him say i'm done?

he was almost well done. this happened -- the cameraman was shooting the bad weather and heavy gains, the lightning came very close to hitting him but luckily he was not hurt. a controversial piece of art is becoming the talk of germany. take a look. it's a floating sculpture designed to look like a woman bathing in oster lake. there's some mixed feelings about this sculpture. a lot of tourists are curious. they are renting boats to take a closer look at it. but locals call it an eyesore. ted bundy, the serial killer, has been dead for 20 years. now the fbi wants to know if he is responsible for cases dating bag -- dating back to the 1960. today, the fbi will put his dna in the system. bundy con fenced to more than

-- confessed to more than 30 murders before his 1989 execution. investigators have long believed he's responsible for other deaths. 8:56. happening right now can -- happening right now in cape canaveral, we've been talking about this all morning. look at this. a new solar-powered spacecraft is about to blast-off. this is yu -- juno. it will blast off and go to jupiter. it was supposed to blast off earlier this morning but they had a delay due to a helium leak. now they think they've fixed the problem and we're waiting for the all-clear. nasa has about 30 minutes left in the launch window -- >> go ahead. >> at this time, please put into work -- >> we're officering -- watching all of this -- we're watching all of this asis happening. by -- as it is happening. it will take about five years to get up to jupiter.

it's exciting. >> yes, it is. let's go to sal one more time. >> traffic is beginning to get light on 230. let's go to rosemary. >> our temperatures will be warming a little bit today and then holding steady for the weekend. the extended forecast showing you we remain below average for the first week of august as we head into monday/tuesday, a slight warming trend. it's nice to be inland these days. >> yeah. >> all right. that will do it for us. have a great weekend. thanks for watching. >> bye now.