[applause] >> on behalf of state assembly member evan lowe, patrick aarons [applause] >> san francisco board of supervisors peskin, tang, brown, he, mandelman, and walton. [applause] the treasurer. the city attorney, dennis herrera, district attorney georgia gas stone, and his wife -- george gus cohen -- george gascone, and his wife fabiola. the former assessor, mabel tang. [applause] >> city college board members, rizzo, randolph, selby, and lee. [applause] >> bart board director, janice lee. [applause] >> honorable judges, tang and lee. [applause] >> former california state senator, art torres. [applause] former district supervisor, bevan duffy. [applause] >> as well as the many commissioners, department heads, and community leaders who have joined us this morning. [applause] to begin this morning's ceremony i would like to introduce the lincoln high school jrotc drum corps. [applause] [♪] [applause] [♪] [♪] [♪] [applause] [applause] >> how amazing was that? thank you all so much. we definitely did not need a wake-up call. that woke me up for sure. i did not have coffee this morning,

[applause] >> on behalf of state assembly member evan lowe, patrick aarons [applause] >> san franciscopervisors peskin, tang, brown, he, mandelman, and walton. [applause] the treasurer. the city attorney

evan low has introduced a measure to do that. the bill is motivated by a historically low turnout in the 2014 general election. it is not the first time he has introduced a bill. he is tried twice before, and legislation failed to pass last year, and again in 2017. >>> a teacher strike is looking more likely is the state largest school district and their union in the los angeles school district rejected the latest proposal, and teachers have threatened to walk off the job on monday. the union says it will consider any additional offer the district wants to make over the weekend, as long as it is demonstrably different from the current offer. the two sides are at odds over higher pay and smaller class sizes. >>> still to come, if you have not seen before until now. coming up, the pictures china released after they landed on the dark side of the moon. >> plus, we are learning more of what happened to 13-year-old jayme closs. her escape three months later. >> for her family, it is, i am sure, that they are ecstatic that she is alive

evan has written meanwhile here in germany unemployment has reached an historic low the german jobs report released today shows that the year closed out with less than five percent of the country unemployed so right there hasn't been reported since one nine hundred ninety one. rarely has it been easier to get a job in germany anyone who has the proper training and fluent language skills is likely to find what they're looking for. the latest jobs report marked the lowest unemployment rate in decades and a considerable improvement over the past five years in two thousand and fourteen the unemployment rate was six point seven percent dropping last year to an average of only five point two percent. the rate in december even dropped below five percent a level economist consider full employment that means the greatest number of skilled and unskilled employees available are active in the workforce and the demand for skilled workers remains high with nearly eight hundred thousand jobs still waiting to be filled. does coast guard say they believe three containers carrying attention a dangerous pero

evans. the rally from the christmas eve lows continues fueled today by fed speak and oil.ll get you the latest >>> a cracked foundation home bltder lennar can't give guidance because of uncertainty in the housing market. we'll talk to the chairman >>> and buzzkill a hang over for constellation brands the stock at a 52-week low first a check of the markets with dom chu >> two days, two voting februarys of the fomc making more dovish comments about the

evans. the rally from the christmas eve lows continues fueled today by fed speak and oil. we'll get you the latest >>> a cracked foundation home bltder lennar can't give guidance because of uncertainty in the housing market. we'll talk to the chairman >>> and buzzkill a hang over for constellation brands the stock at a 52-week low first a check of the markets with dom chu >> two days, two voting februarys of the fomc making more dovish comments about the markets. that's perhaps extending those gains. the dow up by almost 1%. we were up about 196 points at the high for the dow industrials. the s&p, 2593 the last trade there and the nasdaq pacing the gains up over 1% up by 77 points. speaking of those lows on christmas eve, the high yield, junk bond market seeing some real signs of life, but can it be sustained that's a big deal. from september down to the lows, we lost about 8% in this particular etf the ishares ticker hyg it tracks junk bonds up about 5% since those lows that junk bond market one to watch as well. and one of the big stock movers of the day is no longer in

evans lane, designated for affordable housing. will house formerly homeless individuals, the other half are low income families. aegis of shipping container will have multiple units. >> it saves time. what happens is, the modular housing is constructed off-site in a factory, and brought to the site, and the utilities are hooked up, and it's ready to live in him and it goes much quicker than our traditional construction. >> unit, $600,000, including preparing utilities, materials, and labor, the city's housing department says that's consistent with current strip construction cost, services will oversee the project, it will include a public library, community garden, and dog park. >> it's not designed for that many people to live in that area. >> reporter: ray hansen is not fully on board, concerned about traffic, parking, and safety. in an area with its share of crime and blight. for this particular project,, around-the-clock. >> the project lies in councilwoman davis's district, she says the city is working closely to address the neighborhood concern, while also trying to help with the city's homeless crisis. >

evan and. biggest justice is about to try the. truth detectives starts that you were. on t w. a low and a very warm welcome indeed to focus on europe with me peter craven and we begin in the italian capital rome where people are quite simply furious why well because the city is drowning in rubbish rome's trash collectors are supposed to remove five thousand tonnes of rubbish each day but why should they take it unfortunately for the time being no one has an answer to that question the result is that the city is facing a rubbish crisis and nobody is happy for people like francesco pierre roni the situation is a smelly and unsightly metaphor for the overall decline of his country and what he and others are asking is who is to blame. rome the eternal city picture postcard pretty at least from a distance up close it's a different story sticking piles of garbage are piled up in the shadow of st peter's basilica. it's an ongoing crisis. locals like francesco pierre only are in despair the city employee lives in the suburb of mont to sako pierre only and his neighbors do what they can to t

evans lane. designated for affordable housing. half will house formerly homeless individuals. the other half for low income families and each container will have multiple units. >> it saves time. so what happens is the modular housing is actually constructed off-site in a factory. and brought to the site in the utilities are hooked up and it's ready to live in. and it goes much quicker than our traditional construction. >> reporter: the price tag per unit? $600,000. that includes preparing the site, utilities, materials and labor. the city's housing department says that's consistent with current construction costs. above services will oversee the project and it will include a community library and dog park. >> it's really not designed for that -- that many people to live in that area right? >> reporter: ray hanson of neighboring conklin brothers isn't fully on board concerned about traffic, parking and safety. and in an area with its share of crime and blight. >> for this particular project there's on site security around the clock. >> reporter: the project lives in councilwoman's davis' district. s

natural gas prices hitting a four month low, we'll get the trades from the futures pits coming up on the half. first though kelly evanss than 24 hours, eight companies have lowered or given unexpected guidance. how do you play it and are attacks on the big banks and wealthy now a winning ticket plus what to expect from apple after the bell today and how a phone listens into others undetected that and more straight ahead one-millionth order. millionth order. ♪ there goes our first big order. ♪ 44, 45, 46... how many of these did they order? ooh, that's hot. ♪ you know, we could sell these. nah. ♪ we don't bake. ♪ opportunity. what we deliver by delivering. (vo) ♪ here's a question. was it necessary to create a luxury car more teched out than silicon valley? with a cockpit fit for aspaceship. hang on. radar that senses things the human eye can't. busted. and the ability to make a thousand decisions before you even make one. was all this, really necessary? what do you think? ♪ >>> welcome back to the halftime report this is futures now. blistering cold sweeping across the nation this week as winter storm jayden slams the

lows were in the fall. >> all right thanks for watching. the exchange begins right now. >>> thank you, scott pl weap welcome, i'm kelly evans here is what thatg one and cut. has the market changed its mind about what the fed may do next and what if there srnt a recession coming also tuning in, turns out the death of football and peek peak sports may have been exanlgggerd apand after 126 years, sears may shutter. we have the fallout. but we begin with the markets. >> and we are 134 points higher on the dow

stronger economies and stronger growth in terms of jobs, still low unemployment, and inflation at or at its target, it seems that charlie evansld be on board with rate hikes later in the year. interesting as we hear about other fed officials and watching the data play out. >> coming up next, credit suisse -- people just need to chill out. their top equity strategist joins us next. this is bloomberg. ♪ >> this is daybreak: asia. >> 2018 ended with high volatility a lower stocks but stocks havety -- rallied. chief u.s.is the strategist at credit suisse. whether the rally this year has legs and in terms of the reaction about the rolling back of china tariffs. it feels like a good practice run as to what would happen. >> i think that the market is making -- i am optimistic, but i think investors are up too much of a belief that this will be a quick resolution and the market will move on. there is a realignment in the trade relationship between the u.s. and china, that is what is going on, it will take longer than people will be comfortable with. the markets will go up i think, but i do not think a resolution with china will be th

lows were in the fall. >> all right thanks for watching. the exchange begins right now. >>> thank you, scott pl weap welcome, i'm kelly evans here is what that is happening one and cut. has the market changed its mind about what the fed may do next and what if there srnt a recession coming also tuning in, turns out the death of football and peek peak sports may have been exanlgggerd apand after 126 years, sears may shutter. we have the fallout. but we begin with the markets. >> and we are 134 points higher on the dow jones we were at one point up 334 points and as low as up 50 points so smack dab in the middle up by about half a percent the nasdaq also following suit up by about half a percent as well speaking of the nasdaq, one industry group we are watching very closely is the se semiconductor stocks the technology sector has been a laggard. some traders are lookingconducty leading indicator. and one stock to watch, best performer in the s&p 500 on the transportation side, it is union pacific up over 8% on track for its best day since october of 1987 after its coo, the new one, seen as areal efficiency expert so one of those things to watc

evans. "squawk on the street" is back with more next >>> as the broadcast markets have moved off the lows, aigits find fought any of those are worth a buy on tradingnation.cnbc.com more "squawk on the street" is coming up. >>> okay time now to get to the cme group and join rick santelli for the santelli exchange. >> reporter: thank you, david. i would like to welcome president george w. bush's head of the council of economic advisers, ed lazear. ed, 312,000 jobs, the unemployment rate moved up two-tenths and rages year over year at 3.2 and we continue to hover at a ten-year high on employment to population ratio at 60.6. comment on friday's jobs report. >> well, obviously it was a very strong report. you talked about the employment to population ratio. that's the number i always look at that's looking really good it's 60.6. you know, because of demographics, you know, guys at the elder end of the distribution are dropping out of the labor force. we're never going to get back to the previous level, but 60.8, you know, possibly 61 would be about the peak right now so we're very close to it the

evans. we have a major market sell-off this hour. the losses accelerated after we got weak manufacturing data this morning. we're off the session lows now the dow is down 675 points earlier down 423 now 100 points of that is apple. the nasdaq is back in a bear market it is down more than 20% from its recent highs small cap russells, dow transports are even deeper into bear territory and within the transports, airlines are causing the most damage today check out delta, american, alaska, united continental, all taking big hits. delta down more than 8%. we'll tell you what is going on with all the stocks coming up. >>> good day, everyone welcome. i'm tyler mathisen we're all over the major market sell-off at this hour. seema mody is following the money from the floor of the new york stock exchange. josh lipton on the ripple effects of apple's warning to the world and the -- one of the president's top economic advisers will weigh in on the impact of the trade war on apple. let's begin with seema at the nyse hey, seema. >> good afternoon, tyler we started the day down about 300 points on the dow and losses intensified once we got that is