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so adding to housing market slowdown mortgage rates top 6% bringing down, related sectors like, homegoodsers joining us to access where we are with former president of the kansas city federal reserve former president ceo are former fdic vice chairmen, distinguished senior fell thomas great to see you thanks very up of for being here. >> thanks for having me. interesting numbers this morning we had building permits down 10% but housing starts up 12% how do you read the housing market right now? >> well i think, i think the building perlts probably better indicator things are slowing as we all know mortgage rates are now getting above 6% going to slow it further so i would expect the housing market will continue if -- at least rather consistent slowdown through the rest of the year. >> so let me ask you, about what that looks like, because i know that nominal growth is pretty strong right? why having strong nominal growth and what impacts nominal growth do you think to slow things down change that scenario in the '23. >> federal reserve kicking off two-day policy meeting today we are expect

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at homegoods, can always get more of what you love for less.d by now. wish i'd invested when i had the chance... to the moon! [golf ball bounces off rover] unbelievable. ugh. [ding] want a permanent solution to homelessness? you won't get it with prop 27. it was written and funded by out-of-state corporations to permanently maximize profits, not homeless funding. 90% of the profits go to out-of-state corporations permanently. only pennies on the dollar for the homeless permanently. and with loopholes, the homeless get even less permanently. prop 27. they didn't write it for the homeless. they wrote it for themselves. ♪ [ cheers and applause >> jimmy: our first guest is an oscar-winning actress, who stars in the brand-new series, "monarch," which premieres this sunday night after nfl on fox. please welcome, the one, the only, susan sarandon [ cheers and applause ♪ ♪ [ cheers and applause >> jimmy: that's what i'm talking about. that's -- come on. >> aw. >> jimmy: susan, welcome >> aw. everybody is live. >> jimmy: yes. [ cheers ] we're here we're

homegoods. go finding. >>> right now at 4:30, thousands in the dark. record breaking temperatures causing major power outages across the bay area. >>> plus -- >> work all day, tired, trying to get home. this is not fun. >> all that heat sparking a major commuter slowdown. the issue bringing b.a.r.t. trains to a stop in contra costa county and the repairs under way. this is "today in the bay" live on roku, amazon fire, apple tv and online. >>> good wednesday morning to you. thanks for allowing us to be a part of your morning. i'm marcus washington. >> i'm kris sanchez. we want to get right to kari hall who has another scorching day ahead. you said yesterday was the peak. >> it's a little bit lower today, but still pretty hot, especially with it happening day after day. we're starting with our temperatures in the upper 60s. we have some low 60s in santa rosa, napa at 69 degrees. 74 in martinez. 76 in livermore. as we look at our south bay high temperatures for this afternoon, after yesterday's 106, how about 103 today? we'll see a high of 106 in morgan h

homegoods. go finding.stand-up chicken... backyard chicken... ...oops chicken... ...lots-a-time chicken... ...no-time chicken. if there's one thing we know, it's chicken, chicken and chicken. more choices. more wow. more to love. tyson. your friends are still building sand castles, but you've already booked a hot air balloon foliage tour. bold move for some, another day in the fall for you. fall hard with a $3 medium pumpkin cream cold brew. america runs on dunkin' ♪oh yeah♪ pumpkin cream cold brew. ♪beautiful♪ ♪the sun, even more beautiful♪ ♪oh yeah♪ ♪oh yeah♪ ♪ [ cheers and applause >> seth: give it up, everybody, for the fantastic 8g band right over there [ cheers and applause she is the drummer for latin grammy winner karol g, who is currently out on her north american "strip love" tour she is also on the june cover of "modern drummer" magazine, which is available now be sure to check out her instagram for more information giulliana merello is here. [ cheers and applause thank you so much for being with