diane king hall is at the new york stock exchange with those stories and more. e. >> reporter: good morning, anne-marie. well, stock futures are flip-flopping after a dismal day during yesterday's session. the three major indices suffered their worst daily performance in nearly three weeks as investors began to fret over the spread of the delta variant of the virus. the dow skidded 259. the nasdaq dropped 105, and the s&p 500 fell 37. >>> the number of people filing for unemployment benefits unexpectedly rose last week even as the economy and the job market appears to be rebounding. according to the labor department, first-time filings for weekly jobless claims jumped by 2,000 to 373,000 last week. despite the increase, the number of initial jobless claims is more than half this year. >>> speaking of jobs, tiktok is testing out a pilot program called tiktok resumes. it lets users create a video resume posted to tiktok and send it to to recruiters through the app. more than 30 companies are signed up including chipotle, target, and shopify. the program runs throug

diane king hall is joining us live from the new york stock exchange.he dow is not looking good. >>> none of the major averagesa little more than ten minutes, dow tumbling 444 points, not quite as bad as was indicated but certainly heading that way. in the tech sector, you are seeing losses, nasdaq on track to snap the winning streak. s&p 500 is down 59. at issue is worries now coming to wall street about the spread of the coronavirus variants and what that means for the global economic recovery. we'll certainly watch this and see what happens with this market. >>> here on the economic front, slightly more americans filed for unemployment benefits last week according to the labor department. first time filings for weekly jobless claims ticked up to 373,000. that was more than expected. keep in mind the previous week's level marked a pandemic era low. >>> diane king hall of cbsmoneywatch.com. thanks so much. >>> 6:42, a live look at the east bay from our exclusive sales force tower camera. we have been telling you things are about to heat up. >> joining

diane king hall has this morning morning's money watch. >> the dow rallied 210 points.president nasdaq fell 24 the s&p 500 was up 5 adding to its record high. doughnuts to dollars. crispy cream goes public. they priced the ipo at $17 a share. below the $21 to $24 range. krispy kreme filed for bankruptcy five hood has been h the largest penalty ever. the popular raiding platform has to pay $70 million to the regulatory committee to settle allegations that it caused customers widespread and significant harm over the past few years, allowing users to risky strategies that disrupted trading. college athletes can start making money today. the ncaa board of directors suspended rules prohibiting athletes from selling the rights to their names, images and like nests. they can endorse from products, partners and social media posts. for more, head to cbsmoneywatch.com. at the new york stock exchange, i'm diane king hall. >>> in florida a judge has blocked a law. the law was due to go into effect today. >>> the search is on to find a mountain lion spotted in a petaluma neighborhoo

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diane king hall has more in today's money report. >>> wall street pulled back from record highs on tuesday. the dow dropped 107 points. the nasdaq lost 55 and the s&p500 fell 15. jerome powell testifies before the house financial services committee today, he is expected to maintain that the central bank's policies toward inflation remain the right path. the fed said it believes higher inflation will return to normal overtime. >>> a russian cyber gang responsible for ransomware attacks has vanished from the internet.. experts no on the dark web disappeared. it's unclear why the sites went down and if united states or russia law enforcement are responsible. >>> coke zero sugar is getting a recipe change. coke said that its part of an effort to make the drink taste more like regular coke. it's also making the can more red to look like its counterpart. the changes roll out this month. >>> and that's your cbs money watch report. for more head to cbs money watch.com at new york stock exchange. i'm diane king hall. >>> some allegiant air passengers angry after a flight was supposed to land in sto

i am diane king hall. >>> a major legal victory for britney spears. she's one step closer to ending the conservatorship that she's lived under. >> her fans are celebrating. >> reporter: the rally cry for fans across the country. >> what do we want? >> free brittany! >> reporter: los angeles to washington, dc this was more than a circus. it was a real celebration of a legal win. >> it's sad that she was allowed to live in this type of situation. >> reporter: wednesday a los angeles judge ruled spears can hire her own attorney as she fights to end the court ordered conservatorship. >> my firm and i are going to be taking a top to bottom look at what's happened over the past decade. >> reporter: spears wants her father removed as her conservator. he is responsible for her financial affairs. the hearing came weeks after spears made stunning allegations against the conservatorship saying she was forced to work against her will and use a contraceptive device to prevent her from having more kids. she sobbed as she accused her dad of abuse. >> we will be movi

i am diane king hall. >>> we are on fire watch in the sierra. a wildfire burning is forcing more mandatory evacuations. hot conditions and strong winds are fueling the beck worth complex fire. it is burning more than 12,000 acres and is 30% contained. it originally started as two separate firewhicwere both sparked by lightning. >>> 4:45. we want to get a check on our weather and traffic. we are talking about this high fire danger and this heat wave this weekend. >>> exs of the y area. the heat looks more excessive today than yesterday. today is the day this starts. noon today is when excessive heat warning goes into effect and it stays in place through sunday. saturday is the hottest day. today is the day we notice the jump. first let's highlight where the issue is. everywhere on the map highlighted in that fuscia, the real focus is over here, inland valleys of the east bay. wait until you see the forecast for concord. it looks a little rough. north bay, it's going to be hot. it will be a bigger issue in mountains, higher elevations. lower might

>> all right, diane king hall at the new york stock exchange. iane. >> you got it. >>> ahead, nba finals drama. the bucks even up the series 2-2. how a late turnover doomed the suns with less than one minute left in the game. left in the game. your mission: stand up to moderate to severe rheumatoid arthritis. and take. it. on... with rinvoq. rinvoq a once-daily pill can dramatically improve symptoms... rinvoq helps tame pain, stiffness, swelling. and for some, rinvoq can even significantly reduce ra fatigue. that's rinvoq relief. with ra, your overactive immune system attacks your joints. rinvoq regulates it to help stop the attack. rinvoq can lower your ability to fight infections, including tuberculosis. serious infections and blood clots, sometimes fatal, have occurred as have certain cancers, including lymphoma, and tears in the stomach or intestines, and changes in lab results. your doctor should monitor your bloodwork. tell your doctor about any infections... and if you are or may become pregnant while taking rinvoq. take on ra. talk to you

diane king hall is at the new york stock exchange with those stories and more. ning, diane. >> reporter: good morning, anne-marie. stock futures are pointing to a mixed open following a mixed finish during yesterday's session. investors grew more concerned over the state of the u.s. recovery. the dow rose 53 points. the nasdaq dropped 101, and the s&p 500 fell 14. >>> a federal regulator wants to take amazon to court. the consumer product safety commission has sued the e-commerce giant for not recalling hazardous products sold on its website. items include flammable children's pajamas and faulty carbon monoxide detectors. in a statement, amazon said it's already removed a vast majority of unsafe merchandise, notified customers, gave refunds, and asked shoppers to destroy the products. >>> the streaming wars are heating up, according to bloomberg. netflix will offer video games within the next year. it's hoping to add more subscribers to stay ahead of competitors including disney plus and amazon prime. netflix will reportedly not charge extra for the games. back i

diane king hall is at the new york stock exchange with those stories and more. orning to you, diane. >> reporter: good monday morning some big compaarie.it's sping us quarterly report cards including apple, amazon, microsoft, exxonmobil, and tesla. all three major u.s. indices finished last weekend record highs. on friday the dow rallied 238 points, the nasdaq jumped 152, and the s&p 500 added 44. >>> a shortage of jet fuel is causing flight cancelations and delays at airports in the western u.s. the problem is being made worse due to a spike in fuel needed by aircraft fighting wildfires, supply chain issues and a shortage of tanker truck drivers. problems are reported at airports in boseman, montana, and fresno, california. authorities in nevada say cargo and passenger flights could be canceled at reno-tahoe international airport. >>> more people are saying "i do" again in las vegas where the wedding business is reportedly booming. npr says sin city's $2 billion industry has rebounded in a big way since march when vaccines became widely available and casinos beg

exactly. >> diane king hall at the new york stock exchange. u got it. >>> so up next, naomi osaka in the spotlight. the tennis champ's message as she accepts a top award at the espys last night. ts a top award espys last night. et boring brow, try new rachael ray® nutrish® big life™. ♪ ♪ ♪ new big life™ from nutrish®, with tender savory pieces and real veggies. give your dog a taste of the big life™. it's very common to have both sensitivity and gum issues. with tender savory pieces and real veggies. dentists and hygienists will want to recommend sensodyne sensitivity and gum. you get the sensitivity relief as well as improved gum health all in one. ♪ ♪ free to feel ♪ experience the perfectly balanced rich flavors of lindt excellence. by the lindt master chocolatier. ♪ >>> here's a look at the forecast in some cities around the country. ♪ >>> gets past him. inside for the slam! >> the bucks dominated the suns in game three of the nba finals last night. final score 120-100. giannis antetokounmpo led the way and had six assists. the suns still le

i'm diane king hall. >>> happening today contra costa will look at its ban on vaping.may they asked to see what's changed. it includes product that haven't been reviewed by the fda, cannabis and flavored tobacco. the board said it'll look into maintaining the ban or making allowances for sales of vaping products for medical use. >>> we are getting our first look at plans for the next part of a future bart station. >> it's in san jose. the area is designed to be a new urban village with an underground station on 28th street it. will modernize one of san jose's oldest neighborhoods. >> the improvement that will happen with the bart project, you will see a night and day difference. >> a common concern in this community is that the new bart station and urban village will push them aside. >> the plan is basically to eliminate all the small mom and pop store. the flea market has been around for i don't know how many years. >> the business network said they are working with bart and vta to lessen the impact. >>> it's now 4:46. let's get a check of weather and traffic starting

diane king hall at the new york stock exchange.you so much. >> thank you. >>> so ahead, home sweet home. why a couple decided to renovate an old school bus and then move in. i'm jimmy dean and ah you can still have a good breakfast in these busy times. and this is the way you do it. put it in the skillet and cook it. isn't that simple? we hope you'll gather around the table and include jimmy dean. why hide your skin if dupixent has your moderate-to-severe eczema or atopic dermatitis under control? hide my skin? not me. by hitting eczema where it counts, dupixent helps heal your skin from within, keeping you one step ahead of eczema. and that means long-lasting clearer skin... and fast itch relief for adults. hide my skin? not me. by helping to control eczema with dupixent, you can show more with less eczema. don't use if you're allergic to dupixent. serious allergic reactions can occur including anaphylaxis, which is severe. tell your doctor about new or worsening eye problems, such as eye pain or vision changes, or a parasitic inf

i am diane king hall. >> i totally get that debate. >> you do? >> they need to match. >> i get it. >> you are left with two extra hot dog buns. >>> 4:39. coming up on kpix5 and streaming on cbsn bay area. >> a family of ducklings stuck in a storm drain for hours. after break, how a group came together to bring them to safety. >>> i asked where is my money? >> a kpix5 exclusive, south bay employees out thousands of dollars saying their boss is failing to pay them. we dig into the allegations store giving you a live look outside on this thursday. you can see the bay bridge and also the city of san francisco. the clock just hit 4:40. we'll be right back. >>> tropical storm elsa ni nwar projected path to take it over some of the nation's biggest cities. laura podesta reports more than 60 million americans are under storm and flood watches and warnings right now. >> reporter: while most of florida dodged a bullet with elsa, northern gulf coast area of the state wasn't so lucky. the storm made landfall packing wind gusts up to 65 miles per hour floodin

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here is diane king hall. >> a holiday short trading week with a mixed day on wall street. the dow fell almost 209 points. the nasdaq gained 24 to close at a new all time high. >>> the pentagon has canceled its cloud computing contract with microsoft. the deal was signed in 2019 despite the objections of rival bidders like amazon. amazon sued claiming that the president interfered the process. the defense department insists that it's restarting the bidding process because it's needs have changed. >>> and nintendo revealed a new switch console on tuesday. the most significant change involves the screen. the device is getting a new and slightly larger oled display. the new switch will be released in october d cost $350. >>> and that's your cbs money watch report. for more head to cbs money watch.com. at the new york stock exchange i'm diane king hall. >>> with an intense fire season underway cal fire crews are facing a hard reality of more fires starting and more acres burning. >> this morning it's feared more homes will be lost. new data reveals 40,000 more acres have burned

here is diane king hall. >>> stocks logged a three day winning streak on thursday. dow gained 25 points. nasdaq added 52. s&p 500 rose eight. pizza was popular during the pandemic and is showing no signs of slowing down. shares of domino's rose 14% after better than expected earnings report with profit totaling 116.6 million. the chain says customers are getting more food than usual with orders. domino ceo said the company will be raising wages for some workers art company owned restaurants. >> crocs accusing about 20 companies of copying its popular shoes. it filed lawsuits last week. it alleges companies including wal-mart and hobby lobby are selling cheap knock offs. some customers have left online reviews confusing the shoes with crocs. >>> drones are making a rain. officials in united arab emirates using electrical charges from drones to zap clouds. it's designed to create large rain drops which are more likely than small rain drops to hit the ground rather than evaporate in the hot air on the way down. scientists began the process to help relieve the region of

you got to find out. >> right. >> diane king hall at the new york stock exchange. got it. >>> so ahead, there's something strange going on again. the trailer for the new "ghostbusters" movie is released. stbusters" movie is released. i'm still exploring what's next. and still going for my best. even though i live with a higher risk of stroke due to afib not caused by a heart valve problem. so if there's a better treatment than warfarin, due to afib not caused byi'm reaching for that.. eliquis. eliquis is proven to reduce stroke risk better than warfarin. eliquis is fda-approved and has both. what's next? i'm on board. don't stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an artificial heart valve or abnormal bleeding. while taking eliquis, you may bruise more easily and it may take longer than usual for any bleeding to stop. seek immediate medical care for sudden signs of bleeding like unusual bruising. eliquis may incre

diane king hall is at the new york stock exchange with those stories and more. marie. this morning, investors will keep their eyes peeled for more corporate earnings and another round of inflation data. meantime, the three major indices pulled back from record levels yesterday. the dow dropped 107 points, the nasdaq fell 55, and the s&p 500 lost 15. >>> if you received unemployment benefits last year, check your bank account. starting today the irs is sending another round of tax refunds to americans who may have overpaid taxes on those jobless benefits. up to 13 million people may qualify if they filed tax returns before mid-march of 2020. the irs says the average payment will be just over $1,200. >>> coca-cola is changing up a popular drink. the company is tweaking the recipe for coca-cola zero sugar so it tastes like the regular coke. the design is also getting a makeover with the can all red and the letters all black. customers will start seeing the product on shelves this month. full nationwide distribution begins in august. >>> and move over, rocky road. yo

diane king hall is at the new york stock exchange with those stories and more. diane. >> reporter: good morning, anne-marie. let's start with a look at the labor market. there was a surprise increase in the number of americans filing for unemployment benefit. yesterday the labor department said 419,000 people filed new claims last week, that's the most in two months showing the economy's not out of the woods yet. >>> on wall street, the dow gained 25 points, the nasdaq was up 52, and the s&p 500 added 8. >>> thousands of major websites are back on line this morning after a widespread outage. the glitch took down nearly 24,000 websites yesterday including big companies like fedex, amazon, and google. the interruption lasted a few minutes for some up to a few hours for others. it was triggered by a host of websites network platform. the company told cbs news it installed a six and not the result of a cyberattack. >>> for $20 you can see some of the biggest performers. livenation is offering $20 all-in tickets to nearly 1,000 upcoming concerts including the jonas b

i'm diane king hall. anne-marie green is off. we begin with a big development out of florida at the site of that condo complex collapse. late last night, crews in surfside set off controlled explosives to bring downing the still-standing portion of the building. it's a big step in resuming the search for survivors and allows crews to cake more aggressive help make search efforts safer. the partial collapse of the sham chain towers south condo is now a complete collapse. explosives were detonated inside the still-standing portion at about 10:30 last night. the 12-story structure tumbled seconds. >> honestly, this precise moment i feel relief. i feel relief because this building was unstable, it was hampering our search efforts. >> reporter: search and rescue crews resumed work just a few hours after the detonation. the demolition was not expected to happen for several weeks, but it was deemed necessary when the engineers determined the structure had shifted and could fall. the approach of tropical storm elsa added urgency to the d

here is diane king hall. >>> stocks tumbled to end last week. friday the dow dropped 299 points. nasdaq fell 115. s&p 500 lost 32. funds to beef up irs has been taken out of a trillion dollar infrastructure bill. democrats look to convince republican colleagues to vote for the bill when it comes to the floor wednesday. the plan would have given irs in hopes of increasing collections by 700 billion over ten years. democrats can add it to a budget reconciliation bill later that only needs 50 votes. >>> johnson & johnson may put its baby powder business that w seek bankruptcy protection. j&j's lawyers told plaintiffs the move could result in lower pay outs for cases that do not settle beforehand. the company faces legal action from thousands who say its baby powder and other products caused cancer. >>> social media companies pushing back after biden administration said they're not doing enough to stop covid misinformation. facebook's vice president of integrity wrote that the company is not the reason why president biden's vaccine goal hasn't been hit saying 85% of americans on face

here is diane king hall. >> reporter: it was a down day on wall street as a day after the major index received the all-time highs. the dow lost 85 points on tuesday. the nasdaq had the worst day since may, sliding 180 in the s&p 500 fell 20. apple and other big tech firms appear to be weathering it well. the iphone maker rate in nearly $22 billion between april and june. they also announced a strong quarterly earnings. facebook earnings reports will be released today. for more, had to cbontcat the exchange, i am diane king hall. >>> sir richard branson will not be able to add the title of astronaut. >> why the faa has tightened the official definition of who qualifies as an astronaut. >> reporter: billionaire jeff bezos wrote his own rocket into space, but that does not necessarily make him an astronaut. the faa change the policy on who qualifies as a commercial space astronaut on the very day that he blasted off. july 20. the faa tells cbs news of the revision change the focus to recognize flight crew demonstrate activities during flight that were essential to public safety, or inter

at the new york stock exchange, i am diane king hall. >>> governor newsom pushing for more federal help to fight wildfires. he joined nevada's governor touring damage from the tamarack fire. he saw some of the homes burned by the flames which sparked on federal land. in sacramento air quality in the region pushed to the unhealthy range yesterday as smoke from dixie fire drifted to the area. local outdoor events had to be canceled including sacramento's police boot camp. a uc davis doctor warns inhaling the smoky air for too long can increase your risk of covid. >> oh boy. >> we have more fires on the way, so we will keep you posted. who has good news? darren, do you have any good news? >>> on the weather front i can. although it will be hot inland it shouldn't be worse than yesterday. if you liked yesterday, today is a carbon copy. we are not really going to change things a lot. a live look, plenty clouds obscuring our view of the bay bridge at this point. let's get a couple other views on here. we'll start at the east bay looking down 880 where you've got the deck of clouds. san jose y

diane king hall is at the new york stock exchange with those stories and more. e. >> reporter: good morning, anne-marie. well, earnings season is set to ramp up this week giving investors a bigger picture of the extent of the rebound in corporate profits. data on the housing market will also be in focus. meantime, stocks ended the week lower on friday. the dow slid 299 points. the nasdaq dropped 115, and the s&p 500 fell 32. >>> new polling data from cbs news reveals how americans are feeling about the country's economic outlook. data rd th 5 approf iddes handling of the economy. 60% said their own financial situation was good, although middle and higher income earners were more positive than those in households earning less than $50,000 a year. a lot of people report feeling the effects of inflation on basic goods and services. many americans from across income levels say they're paying more for things like gas, groceries, and electricity. >>> pandemic restrictions on cruises from florida will stay in place for now. a federal appeals court sided with the cdc rul

diane king hall at the new york stock exchange, thanks a lot. >> you got it.ou. >>> up next, olympic dream dashed. why you won't be seeing sha'carri richardson compete at the summer olympics this year. ♪ [ sneezing ] are your sneezes putting your friends in awkward positions? stick with zyrtec. zyrtec starts working hard at hour one... ...and works twice as hard when you take it again the next day. zyrtec. muddle no more. (vo) we made a promise to our boy blue that we would make the healthiest foods possible... ...with the finest natural ingredients and real meat first. and that's our promise to you and your dog or cat. because when you love them like family, you want to feed them like family. what can i du with less asthma? with dupixent i can du more... yardwork... teamwork... long walks.... that's how you du more, with dupixent, which helps prevent asthma attacks. dupixent is not for sudden breathing problems. it's an add-on-treatment for specific types of moderate-to-severe asthma that can improve lung function for better breathing in as little as two week

at the new york stock exchange, i am diane king hall. >>> 4:43., a surge in weddings put on hold because of covid. >> even though the pandemic isn't over, many couples are heading to las vegas to get married. >> it's just nice to get out and see people do things and feel some amount of normalcy again. >> reporter: emily and soon to be husband ryan will say i do sunday. couples flocking to las vegas to get married is nothing new but there has been a covid wedding boom going on. in clark county along with wedding venue companies, noticing elopement seems to be all the rage. >> ever since vaccinations have let people start to travel again, we have just been bombarded. we are over 2019 which was already a very good year for us. >> i think what's happening this year is there is such a backlog of weddings because people had to postpone, postpone, or delay and now people are thinking maybe i should actually elope. we are seeing up tick in numbers for sure. >> people like robert say they've been planning for this day for sometime now. now feels like the r

diane king hall has your money watch report, next. jason, did you know geico could save you hundreds on car insurance and a whole lot more? cool. so what are you waiting for? mckayla maroney to get your frisbee off the roof? i'll get it. ♪ (upbeat music) ♪ ♪ ♪ whoa. here you go. (in unison) thank you mckayla! dude, get it. i'm not getting it, you get it. you threw it. it's your frisbee. geico. switch today and see all the ways you could save. >>> checking the view over the tri valley. you see a small piece of 680 in the foreground. this is where temperatures right now here are about 12 to 14 degrees warmer right now than they were yesterday at this time. we are just about a degree or two shy of 70 degrees for many censors out here, dublin, pleasanton, livermore. this is where we will feel most extreme temperatures for the heat wave. we will spotlight everybody's highs today coming up in the complete forecast in a few minutes. >>> stocks rounding out the week in the green plus a new report showing how many jobs were lost worldwide duri

diane king hall with your money watch report. diane, good morning. >> good morning to you.nderway for a little more than ten minutes and you have investors doing modest buying in the early action. right now the dow is better by 55 points. nasdaq up 6o points. amc is dropping plans to sell more stocks. the largest movie theater chain said it listened to share holders and decided to scrap a plan to sell another 25 million shares. they have managed to avoid bankruptcy. it's also become a retail investor darling thanks to the reddit crowd. >> diane king hall. thank you. >> all right. >>> lot of people are talking about shakira richardson. >> she has been left off the united states track team after that positive test for marijuana. the suspension that cost her a spot in the 100-meters was set to expire before the women's relay but her name was not on the list released yesterday. that means no olympics at all for her. she had been expected to challenge for gold. >>> checking on that commute along the bay bridge. the average price of price of gas has climbed to $3.13. it's the hig

diane king hall. thank you.. >>> time for a look at what's >>ony sonow from mng. >> hey michelle. good morning. ahead on cbs this morning the interview with jeff and mark bezos. why jeff thinks his work could eventually help tackle pollution on earth. >>> and florida senator marco ru bio talks about the surge in coronavirus and the protest in cuba. >>> also nine time olympic medalist allison felix joins us. how she is using her voice to create change and financial security for moms like her in sports. that's coming up at seven. i gather it's your last day and you are going to colorado. congratulations. we will miss you. >> thank you so much. thank you. that means so much. i'm staying with cbs. i'm staying with in the family and i'm excited. >> that's what i heard. are you still in the family. >> yes. >> are you still in the family. >> for sure. i appreciate it and tell everybody i said hi. especially gayle. my bff. >> thank you. good to see you. see you at seven. >> all right. >> yeah. it's the last day. it's a

diane king hall is joining us live from the new york stock exchange.>> good morning. trading has been underway for a little more than ten minutes and right now what i am wearing matches where stocks are. dow under pressure, a lot of red across the board. nasdaq is losing some ground as well down 73. unmebenefitsaccording to labor first time filings fell by 26,000 to 360,000. that marks pandemic era low and moves needle closer to prepandemic levels. jerome powell putting investor inflation fears at ease somewhat. at a house committee hearing he said he believes reports are trans torrey. he will testify before the senate banking committee today. >> diane king hall with cbsmoneywatch.com. >>> johnson & johnson recalling four neutrogena sunscreens and one aveeno sunscreen after a potential cancer causing chemical was found in the products. j&j says the amount of benzene would likely not pose health risk but it is recalling the sunscreens out of abundance of caution. > the pleasant hill bart station, happening today for the first time in over a year, late n

diane king hall is at the new york stock exchange with those stories and more.ning. >> reporter: good morning, anne-marie. let's start with an economic outlook. federal reserve chair jerome powell calmed the nerves of some investors worried about the economic recovery in the wake of surging coronavirus cases. yesterday powell said the contagious delta variant poses little threat to the economy as the fed left interest rates unchanged. markets were mixed, though. the dow lost 127 points. the nasdaq climbed 102. the s&p 500 shed less than a point. >>> some major companies are changing plans after the cdc updated its mask guidance. as mentioned earlier, apple will require shoppers and employees to wear masks in more than half of u.s. stores starting today. even those who are vaccinated. the affected locations are in high-risk areas or places with local or state mandates. google says its employees must be vaccinated if they are returning to the office. the company also extended its voluntary work-from-home policy through october 18th. and twitter is closing its offi

captioning funded by cbs >>> good morning, i'm diane king hall. anne-marie green is off.

diane king hall is live. good morning to you. >> good morning. underway for little more than ten minutes and investors taking chips off the table in the early action ahead of that tuesday torrent of earnings. the dow down 230 points over the tech sector. nasdaq down 75. s&p off, meantime overseas travel restrictions will remain in place amid the spread of the delta variant. the white house said it has no plans to lift restrictions on travel and the ua and more than two dozen other countries along with brazil, china, south africa, india and iran. the united states currently bars most citizens who have traveled to those country. >> cbs money watch. thank you. >>> from new vaccine mandates to cases surging we are getting morin sight into the biggest coronavirus headlines. we are joined by a doctor from ucsf. thank you for joining us. >> my pleasure. >> let's your reaction to the governor requiring health care and state workers to get the vaccine or do testing? do you think we will see city and county leaders follow suit? >> yes. i think we are seein

diane king hall with live. good morning. >>> good morning.trading has been underway for a little more than ten minutes here. >> right now on wall street you hear a bell. that's not the opening bell. likely another company making a public debut. we will have to look into that. let me tell you where the numbers. you have at least one record happening now. the jobless benefits. up to 13 million people -- before midmarch of 2020. the irs said the average just >> it sounds like a party behind you over there. >> i know. it's exciting down here. it's like -- a little bit of return to normalcy down here. >> it has to be a good thing. >> thank you. >> it is. >>> a live look now at levi stadium. we are counting down to the niners pre-season. now exactly a month to go. >> lot of excitement as the red and gold get back on the field and this morning we have some news about kickoff. joining us live is the executive director of the 49ers foundation. good to see you. good morning. >> good morning. thank you for having me. >> glad to have you with us. you hav

diane king hall has a closer look after the break.gan, and d there's more to o me than hihiv. more lovove, more adadventur, more comommunity. bubut with my y hiv treatmtm, therere's not momore medidicines in m my pill. i talklked to my d doctor and switchched to fewewer medidicines withth dovato. dodovato is fofor some aduds whwho are stararting hiv-1-1 trt oror replacingng their cururren1 regigim. with j just 2 medidicines in 1 pilill, dovato i is as effecective as a 3-drurug regimen.n... to helelp you reacach anand stay undndetectable. research s shows peoplple whoe hiv treaeatment as p prescrid anand get to and ststay undetecectable can no lononger transmsmit hiv v through sesex. don't tatake dovato o if youe allelergic to itits ingredies or if yoyou take dofofetili. taking dovovato with d dofete can n cause seririous oror life-threreatening side e effects. hepatititis b can n become har to treat w while on dodovat. don't stopop dovato wiwithot talking g to your dodoctor, as youour hepatititis b may wn or become e life-threaeateni.

diane king hall is at the new york stock exchange with those stories and more. d morning, diane. >> reporter: good morning, anne-marie. the markets reopened this morning following their closure forth fourth of july holiday. amazon has a new head boss. andy jassy took over as the head of the world's largest ecommerce company. previously he ran amazon's cloud computing business. jeff bezos announced he was stepping down in february and will serve as the company's executive chair. >>> car sales dropped for the second straight month falling below their pre-pandemic levels. new data shows imported car sales slumped 13% and doe message. chip shortage is driving up costs and making a shortage. it could last through the year. >>> one digital asset is booming. the nft or nonfungible token market surged to new highs in the second quarter with $2.5 billion in sales so as far this year. nfts exploded in popularity. they let people buy and sell ownership of unique items and it can represen anything from art, music, videos. anne-marie. >> i don't understand it but i'm glad peo

diane king hall will break down the numbers for us after the break.morgan, and there's more to me than hiv. more love, more adventure, more community. but with my hiv treatment, there's not more medicines in my pill. i talked to my doctor and switched to fewer medicines with dovato. dovato is for some adults who are starting hiv-1 treatment or replacing their current hiv-1 regimen. with just 2 medicines in 1 pill, dovato is as effective as a 3-drug regimen... to help you reach and stay undetectable. research shows people who take hiv treatment as prescribed and get to and stay undetectable can no longer transmit hiv through sex. don't take dovato if you're allergic to its ingredients or if you take dofetilide. taking dovato with dofetilide can cause serious or life-threatening side effects. hepatitis b can become harder to treat while on dovato. don't stop dovato without talking to your doctor, as your hepatitis b may worsen or become life-threatening. serious or life-threatening side effects can occur, including allergic reactions, lactic acid buildu

diane king hall at the new york stock exchange. k you. >>> up next, hotel confrontation. the woman who accused a black teenager of stealing her phone has been charged with a hate crime. in this ad pay attention to the actor's gums. gums? we don't think about them. but like skin, over time gums can get damaged. new colgate gum renewal. reverses early gum damage for a beautiful, revitalizd smile i'm 53, but in my mind i'm still 35. that's why i take oste bi-flex to keep me moving the way i was made to, it nourishes and strengthens my joints for the long term. osteo bi-flex, plus vitamin d for immune support. this is the sound of an asthma attack... that doesn't happen. osteo bi-flex, plus vitamin d this is the sound of better breathing. fasenra is a different kind of asthma medication. it's not a steroid or inhaler. fasenra is an add-on treatment for asthma driven by eosinophils. it's one maintenance dose every 8 weeks. it helps prevent asthma attacks, improve breathing, and lower use of oral steroids. nearly 7 out of 10 adults with a

at the new york stock change, i'm diane king hall. >>> lots of businesses are struggling to find enoughworkers. now beaches and pools are too. bradley blackburn has what is behind the lifeguard shortage. >> reporter: melanie arvallow is just one class away from protecting the pool. >> i want to be set and ready. she signed up for certification at life guard training new york. life guards are pulling in higher wages. >> if you are 16, it's pretty good. >> reporter: across the country, life guard pay is going up due to a major shortage. the lack of guards has kept some pools closed this summer. >> you have been running classes nonstop. >> nonstop. >> reporter: head instructor nicki bird says instruction classes are filled and the pay raise is why many are diving into the seasonal job. >> it is going up from $17 to $25. we posted about a job that is $30 an hour in the hamptons. >> reporter: massachusetts is offering a $500 bonus. in texas, wages are up 30%. this school has trained nearly 2,000 life guards in 8 different states this year. they say nearly all of them have found jobs. scott b

i'm diane king hall. >>> it is 4:45 on this monday morning. so good to see you. didn't the weekend go by fast. >> like that. >> like that, i know. let's get a check on traffic and weather. we are ready for a cool down. >>> the weekend was very hot especially inland, temperatures were 90s to triple digits. we will cool it down as we kick off a in you work week. you can see that fog on our mark hopkins hotel cam, hard to make out san francisco. we are looking at mist and dizzy along the coast and around the bay indicating stronger on shore flow beginning to kick in. that's the reason why we will cool it down. even inland you will notice that difference, a lot more comfortable for you. 57 concord, oakland 54, 52 san francisco and santa rosa, san jose 58. current visibility, you can see that fog along the coast, around the bay. it's a gray start for inland communities as well this morning. checking the wind, looking at light westerly wind, seven at sfo and oakland, 15 concord, delta breeze kicking in in fairfield at 33 miles per hour. with that stronger westerly flow

here is diane king hall. >> united states financial markets were closed monday for the 4th of july. stocksended on a high note. the nasdaq gained nearly 117. the s&p500 added 32. >>> amazon founder has stepped down as it's chief executive officer. yesterday was his last day on the job following a succession plan announced in february he was replaced by andy ja ffey. the 57-year-old bezos isn't completely walk away. he remains it's largest share holder with a stake worth $180 billion. >>> and france's champagne makers furious about a new russian law requiring a sparkling wine label on their bottles. the law applies to all imported bottles, domestic producers exempt. france said it has an established right to use the return and that the term can only be used for the drink if it's made in the champagne region of france. the group is threatening to cut off shipments to russia unless the law is altered. that's your cbs money watch report. for more head to cbs money watch.com at the new york stock exchange. >>> fire watch this morning. crews in western canada are battling nearly 200 diffe

diane king hall has more in today's money watch report. >>> stocks rallied for a second straight day. dow jumped 286 points. nasdaq added 133 and s&p 500 rose 35. >> the motion is not agreed to. >> senate republicans voted down a motion to begin debate on infrastructure plan yesterday saying they need more time. a bipartisan group said it is close to agreement and is optimistic they'll be ready to move forward in coming days. >>> bed bath and beyond is getting a make over. the company's flagship new york city location is debuting the look. there will be wider isles, less clutter, new brands with a more modern cafe area and soda stream bar. 450 locations will be remodeled over the next few years. >>> recent surge of covid-19 hasn't slowed airline reservations. cesaid bookings are getting stronger every week. delta had a similar statement last week. tsa reports around 2 million passengers are passing through check points every day approaching prepandemic levels. that's your cbs money watch report. head to cbsmoneywatch.com. >>> new water restrictions for residents in napa. city council

here is diane king hall. >>> stocks surged on tuesday making up much of what was lost the day before. the dow rallied 549 points, the nasdaq added 223 and the s&p500 was up 64. >>> shares of chipotle jumped 4% in after hours trading. the chain said that quarterly earnings totaled $188 million. revenue passed prepandemic levels, a sign that customers haven't been put off risi pric >>> a bipartisan infrastructure bill comes up for a key vote lo indicated they plan to block the debate because they don't know enough about what is in the bill. a bipartisan group negotiating a compromise said last night that a failed vote today wouldn't kill the bill and that a deal was still with in reach. >>> youtube users can now give a super thanks to those they like. the website is rolling out a virtual tip jar that will let viewers pay on any up loaded content. youtube will take a 30% cut with the rest going to the video maker. it's the same for similar youtube features, super chat and super stickers, which allow tipping during live streams. >>> and that's your cbs money watch report. for more head to

captioning funded by cbs >>> good morning, i'm diane king hall. anne-marie green is off. the president is pledging the federal government's full support after visiting the site of the devastating condo collapse in surfside, florida. mr. biden took time out to visit a memorial fence covered in photos and flowers and met with victims' families and the first responders who have worked tirelessly to find survivors. to date the death toll stands at 18 with 140 people still missing. search efforts are back under way right now after they were halted yesterday due to concerns about the stability of the still-standing portion of the building. laura podesta's following the latest developments. good morning. >> reporter: good morning, diane. yes, work resumed shortly before 5:00 p.m. yesterday, but there are still concerns about how the rest of the building is holding up. the machinery that crews are using create vibrations that can make the structure very unstable, and crews are constantly monitoring existing cracks to see if they're getting any larger. the plan is to eventually br

here is diane king hall. >>> stocks skidded on wall street monday. the dow fell 725 points.s worst day since october. the nasdaq dropped 152 and the s&p fell 68. >>> investors are concerned the rising number of coronavirus cases in the country will affect the economic recovery and slow global growth. >>> all 50 states are reporting rising infections. rural and southern states with low vaccination rates are being hit particularly hard. >>> last year's recession was the shortest in united states history. the national bureau of economic research, the official judge of economic cycle said the down turn lasted from february of 2020 to april of 2020. the committee said while the economy hadn't fully returned to normal by april any new slump would have been a new recession. >>> cosco is keeping senior hours. it was set to end the early shopping time late their month but has partially reversed course as case numbers rise. from nine to 10:00 a.m. on tuesday and thursday, shoppers 60 and older and those with disabilities will have the store to themselves to safely shop. >>> and that's

diane king with more live from the new york stock exchange. good morning diane. >>> good morning. a lot to get into. fewer americans signed up for unemployment benefits. this is good news according to labor department first time filings for weekly jobless claims fell by 26,000 to 360,000. that marks a pandemic era low and moves needle closer to prepandemic levels. >>> vacationers and the carrier says it earned $652 million. delta was the strongest carrier heading into the pandemic and its pandemic policies helped foster light among customers. >>> johnson & johnson recalling four neutro gina and one sunscreen after a potential cancer causing chemical was found. benzene is not supposed to be in sunscreens and the company is investigating how it got into the product. it will likely not cause health risk but is recalling out of abundance of caution. i have at least one in my collection. >> i think i do too. i think everyone will be going to their cabinets to be sure they don't have it or just to throw it out. >> exactly. >> this is interesting because i love tacos. we know it's not ta

diane king all from cbsmoneywatch.com. >>> a couple woke up to make some breakfast only to see a bear beat them to it. cell phone video shows the bear chomping down on food in the freezer. help wanted breakfast food, obviously. aside from the screen door, help didn't break anything before showing himself back out. >> it was all right. i've been here 15 minutes. i'm ready to go. >> he's out. >> it was crazy. >> he had what he needed >> this may not be the first house this bear hit. the couple said a similar suspect got into their neighbor's kitchen. fish and wildlife said they are becoming more bold around people, especially hungry juveniles. >> they always find their way to the fridge, though. >> they know where the food is. >> they know what's in there. let's get a check on weather and traffic. gianna, how are the roads looking. >>> it is busy unfortunately, a serious crash has lanes blocked in the napa county area. between dew hig and haire, there is a closure there. it's popping up on the censures. use the sensors or av