we used to be where gridlocks is good, well, gridlock is not good anymore.m to start working together or we'll be stuck of the 1.5 or 2% growth range >> mumjimmy made a good point. >> suzi. people in business getting up and keep on trying to make sheer company better and it could be that and i am not sure if i buy the argument if it is the way that it is been or the way washington is, i do think it is worst and the gridlock is worse because of the partisan ship and distractions everyday >> suzy, hold on, we got breaking news. >>> thank you very much miche e michelle we are going to go to sue herera >> thank you sprint engages warren buffet about investment >> he met separately with mr. malone at the sun valley gathering. the parties are discussing apparently unclear at this point. the talks at an early stage and may not result of an agreement according to sources one possibility they are talking about at this point is seeing berkshire putting more than $10 billion in a transaction we do see the shares of sprints up 3.5% at $8.47 guys, back to you. >> sue, th

have more gridlock. a problem on the capital beltway. approaching the american legion the parkway, on the outer loop, you will lose your far right transition lane. this is a live look at the scene. heavy delays are starting to form. of the to the span american legion bridge, be prepared for these delays. they will grow and get worse. sky track 7, over the baltimore-washington parkway, we are dealing with a southbound crash. we were blocking one of your travel lanes. the bw parkway between 410 and 450 got residual delays. that is the traffic watch. adrianna: a deadly shooting in montgomery county. larry: a house in silver spring as a crime scene. suzanne kennedy is following the latest. suzanne: good morning. police officers from the third district here that cause lasto the night in the 1600 block of belvedere boulevard. this happened around 10:00 last night. the home, shot one person and ran away. a second person called 911. victim has been identified as a man. he was transported to a local hospital. to find outng possible motives and wh

to me, gridlock -- we are coming to the point where gridlock is no longer beneficial. we have an aging population. we have health care costs that are exploding, not because of obamacare, but because the population is getting older. we have had slow growth for so long in the u.s. we have infrastructure that is crumbling. we have a defense sector that hasn't had any significant reinvestment. we've got korea, we have russia, we have problems in the world. ir inability to do anything think is increasingly problematic. i don't think gridlock -- that was great in the 1980's, 1990's, maybe even earlier in this century. no longer. julie: you sound like jamie dimon the other day and his commentary. i want to kick a look at the bloomberg because stocks haven't really been feeling the pain, but the dollar has served as more of a risk paschi. this is the relative risk -- strength index. we are seeing the dollar dropping by this measure to its lowest level since 2012, the thecity of the decline is most since that point. is this pre-staging what we might see? what is the action the

you were going to see this major gridlock. we are not seeing heavy gridlock on 295.r folks and clinton two accidents. you can see delays getting better on 301 through brandywine. we are going to send it like to john gonzalez in laytonsville, where we had some earlier troubles. i understand we are now open on woodfield road, john. john: that's right, angela. this this 01's again up and running. it is the morning after. floodwaters have receded. there are still some tree cutting operations going on at this hour. wait until you hear how much rain fell here in upper montgomery county. we will tell you all about it. a two alarm fire in the district keeps firefighters very busy. this is some it's go time at dunkin' with two egg and cheese wake-up wraps for $2. enjoy two freshly made oven-toasted wraps and keep on running all day long. america runs on dunkin'. and keep on running all day long. from fields and factories they came looking for opportunity. they worked hard. we helped them work harder. they a

what i'm saying it would be much stronger growth have we made intelligent decisions and not gridlock.e gridlock right now and lots of it and it's actually holding back business, that's one of the big questions. joining us nicole petallides, jeff taylor and bare james. you know, i just want to explain to all of you, it's interesting if you listen to this all, jamie diamon did not stop there, he went onto say as one reporter asked him, well, are you frustrated with the trump administration, in other words are you blaming the trump administration for all of this gridlock and he replied, no, that was frustration with you. so he's a little frustrated with the media because he makes the point that the media is not focusing on the right thing. that's infrastructure, regulation, taxation and education. it kind of seems like a in-brainer and yet, barry, these are the issues that americans care about and the media is not focused on them, does that mean it's more challenging to get these things through? >> well, i do think that the situation in washington is coming to a head in terms of the, you

you will see the gridlock. this is what is happening from the capital beltway as a movement from the springfield interchange -- as we emerge in front of the springfield interchange. we will send it back over to you. larry: angela, thanks so much. 6:"valerian and the city of a thousand planets3. -- larry: angela, thanks so much. 6:23 now. o.j. simpson's days in jail are now over. >> you are watching "good morning washington," on your side. morning's "gma" first of florida is preparing for the return of o.j. simpson, if allowed to relocate. his former manager telling abc news, simpson wants to live close to his children. >> a lot of his friends are and cap, his kids are in tampa. >> he lived not comment. >> mr. simpson has plenty of options. >> in order to qualify for a transfer to florida, he has to establish he has is system in the area. wherever he ends up, he has cushion. his nfl pension of $25,000 a month has been growing in an account, and a retirement account with the screen actors guild could be worth mil

gridlock. nicole: fox business team coverage, lori rolling man at new york stock exchange. and phil flynn watching action in oil and gold from the cme. blake burman at the white house. lori, we begin with you at the new york stock exchange. reporter: hey there, nicole you mentioned it. gridlock over health care in washington really put, won't say cast a shadow over the bulls here on wall street, especially for sectors that are economically sensitive in terms of what infrastructure spending and what tax reform would do for them. in other words gridlock over health care could very well delay those items on president trump's economic agenda. so the dow down 53 points, paring the weakest point in the session. we saw the dow down well over 100 points today. s&p up 1 1/2 though today. nasdaq composite index as you mentioned, not only intraday high, but closing for record high, thank you in large part for netflix. setting tone, 24 hours ago blowing away wall street averages. let's look at some infrast

and a lot of the reason is because the gridlock in congress. we have no agreement on taxes or repatriation of money. we have no national immigration plan. we can't fix immigration because the guys in dc can't get along. we are losing jobs to china and india. we have no national education plan. this gridlock is starting to hurt america. >> you hear it in jamie diamonds voice and not something you don't get out of dc and some honest emotion. >> that is the voice of the american people right now. yes the jobs numbers might be looking good. if healthcare doesn't get done. what hope do we have what can we say. as the market going to continue to increase all of these people who are promised that manufacturing jobs will be kept here. if we can't get people together in the same room of opposite parties nothing can get done. if you are not able to take bite size pieces of the taxes that they will get done and that will hurt the american people no question. is it the mess that is getting in the way of growing jobs. i'm in a take a little bit different an

i mean. >> within his own party, and markets love gridlock. i do think that markets love lack of regulation and they're not going to get any new regulation with this administration >> i guess the ultimate question, tim, comes down to this simple one, which is how much of this record run has any kind of tax reform or tax cut plan built into it if it's zero, we don't feed to worry about it if it's 10%, then we need to worry about it >> i think it's #5% i don't think this is anything the market is trading on i think the market is trading on central banks. i think the fed is stepping away from the table a couple days ago. i think the ecb has been wishy-washy. and that's where the risks were before all of this i think washington has strangely gotten a pass. but we said this often on this show, the difference between this administration and the last one is enough to make this environment a very healthy one for stocks >> guys, we're going to talk more about the markets and this, but let's get back down to washington, d.c. where ylan mui has more deta

, listen. >> in spite of gridlock we grow at 1 1/2 or 2%. i don't buy the argument that we're relgated to this forever. we're not. if this administration can make break lues in taxes, infrastructure, regulatory reform, we have become the most bureaucratic, litigious societies on the planet. almost embarassment being american citizen traveling around the world listeningingino the stupid [bleep] we have to around this country. at one point we don't get our act together to do what we need to do for average americans. melissa: steve forbes what do you think. >> i loved it and said about lending in the conference call. regulations deprived the economy of $2 trillion in loans last five years. what that has done to small and new businesses. in terms of the infrastructure, one of the critical things i think the administration, the trump administration is recognizing they have to attach legislation that "cheers" away on stack cans to building this infrastructure. clears away. you don't have crazy things like california taking 15 years to build a desa

the usual gridlock approaching new hampshire avenue. for folks making the right on the rails today, no service disruptions for you, but you will run into delays on the silver line. largo town center, heading that way, we have delays. just one malfunctioning train. kidd o'shea is here to get us "in the now." kidd: the hbo website crash during the "game of season premiere last night. app users of the hbo now also reported problems to do with buffering. adrianna, you are the only one on the desk who watches the show. adrianna: i did not want last night, so i hope everything is all a go. as soon as work ends. [laughter] autria: every time you show a clip from this show, it is literally the exact same clip, people running through snow about to attack one another. adrianna: yes. kidd: that is the show. adrianna: it is a huge part. [laughter] adrianna: "game of thrones" is very secretive, so they go and film in these remote locations and they only show you the same ,ew shots because, otherwise you will pick it up too much. they are at an advan

companies caught in a gridlock that hurts the economy and consumers.erman government taking action. they have summoned german carmakers to berlin. they are looking into the matter. there are reports that after one million mercedes engines were fitted with devices that she on emissions tests, similar to those used by its rival. football well known as a money spinning old -- spending sport, thanks to sponsorships. now the german national team is switching from her cities t -- from mercedes to vw. they hope to burnish their brand. correspondent: the logo has been part of germany's national team for decades. like mercedes, vw is hoping to profit from the esteemed reputation of the players. instead of the mercedes logo, the team will now be sporting vw on their shirts. as a sponsor, vw wants to shake off their battered image. the shadow of the diesel emissions scandal still looming over them. but this is a pricey venture. mercedes is reported to pay 8 million euros a year. little compared to the most importance -- import and sponsor adidas, who pay about 25

guys >> all right, so gridlock is not a terrible thing the status quo, it sounds like, jamie dimon, is not the end of the world, we're good but could get a little bit better. wilfried frost, thank you so much we are joined by five-star fund manager, anton schutz, adviser of men don capital we know you like the regional banks a little more. but what is your vau on j.p. ien jpmorgan chase specifically? >> look, the quarter was fine. i think everybody's nitpicking i debris with what i think josh was saying earlier, that we've gotten so myopic, oh, my goodness, the margin isn't there or the loan growth isn't quite as big, but net net, they beat, they beat taking all the adjustments out. citi beat taking all the noise and adjustment out so i did expect the group, regardless of what they produced it was a crowded trade, everybody brought it, they were up strong in june. i think over time, well, what's really important for these big banks is the return of capital to the shareholders. i mean, the regulatory environment has really loosened up, many banks are paying out over 100% of what they ea

if you tried to drive to new york 29 minutes would leave you stuck in gridlock on the bw parkway. check out the rest of the list on our nbc washington app. >>> they're changing tactics going after us through our cell phones now. these new texting exams could put your private information at risk. jolene kent shows us how it works and what to watch out for. >> reporter: as americans get smarter about robo call fraud and phoney e-mails. their game. instead of phishing e-mails they're sending texts to your phone in an increasingly popular scam called smooshing. you'll actively respond to it and they've got you. >> reporter: the better business bureau reports thousands of dollars lost from just one text. these messages try to grab your attention, alleging your bank account has been compromised like this one claiming to show a suspicious withdraw from an atm. >> they usually include a link or phone number urging you to click or call. if you do, hackers could steal your personal information or infect your phone with malware. >> you as a consumer are looking at the website on a very tiny

gridlock. on the capital beltway. traffic on the inner and outer loops at a stand still for hours. delays stretching from mont gum year count gum -- montgomery county. >> we had water, soda, snacks we were able to continue to >> around 5:00 in the afternoon when the rv caught fire. there were propane tanks on board. it took firefighters 1:45 to put out the flames. the damage was done. weekend plans delayed. many drivers sat in their cars, but some got out. and others as you can see from the vdot traffic camera drove on the shoulders. >> what were you thinking, sitting there all this time is going by? >> good, i want a cigarette. >> can't smoke in a rental. >> can't smoke in a rental. >> drivers couldn't get off or on. clogging roads like river road where drivers were also trapped in their cars. frustrated drivers posted photos on social media. of the backup. news 4s, chris lawrence sent photos and video. as for the extending their vacation. >> going to spend the night in the area. make the trip for us tomorrow morning. >> you have had it. been a day. >> back out live, it has been a

the game is expected to cause major gridlock. because great america right next door is going to be open. 49ers play at levi, the theme park closes so the fans can use the parking lot and get out with less traffic, but not tomorrow. so traffic will likely come to a standstill. >> now they close the roads, all the games here and stuff. >> santa clara pd and highway patrol will be on hand to help with traffic and security. the game starts at 2:00. >>> just about 8 hours from now, runners will fill the lanes of the gold again gate bridge for the san francisco marathon, 27,000 people will take part in the 40th annual event. security will be tight. the gold again deny gate will be shut down from 6:00 a.m. to 9:00 a.m. >> runners' safety is a top priority, and we work with organizations up and through race day to make sure we're making precautions and augments plans, to secure the safety for spectators and runners. >> race organizers say there will be street closures and gridlock in some parts of the city, so leave the car at home stati

dimon referring to the excessive gridlock in washington. >> you have one. most bureaucratic, confusing, will i tijous societies on the planet it's almost an embarrassment being an american citizen traveling around the world and listening to the stupid [ no audio" we have to deal with in the country. >> dimon is always colorful but the level of phraseology is far, far elevated than what we would expect on an earnings call why is he so annoyed because on recent trips to china and france he's seen what can be achieved. >> every single one of those countries understands that practical policies that promote business and growth is good for the average citizens of those countries, for jobs and wages, and somehow this great american free enterprise system we no longer get it. >> it's important to note his criticism of washington was referring to the last decade broadly, not specifically the new administration, and his main point was actual lay it growth is resilient r >> since the great recession, okay, which is now eight years old, we've been growing at 1.5% to 2%

he said he almost felt embarrassed at being american because of the gridlock and inertia and washingtonhe said the u.s. must focus on things that are good for all and insisted growth would be stronger if politicians made more intelligent decisions. >> since the great recession, now eight years old, we have been growing 1.5% to 2% despite of stupidity and gridlock. we have become one of the most be are credit, confusing, and litigious societies. embarrassmentn embarrassin traveling around the world and listening to these stupid -- about this country. global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. thank you. markets awaiting a big data released from beijing, including gdp, factory output and retail sales numbers. time where china holds a twice a decade conference on financial regulation where president xi jinping\stronger role for the pboc. -- xi jinping backing a stronger role for the pboc. what were the key takeaway points? >> we just heard from jamie dimon. lounge inthe rooftop the middle of the financial cen

the policy gridlock in washington, d.c., which we might get some relief. go back to fed policy, earnings and valuations, if one takes a more global perspective you don't have to make these tougher choices look where valuations are more of a tail wind policy monetary and political is to be added to one's portfolio. >> emerging markets doing well >> good to see you thank you very much. good discussion. >>> when we come back, shares of walmart on the move after the bullish call from the street we'll discuss that and the slump for retail sales this morning. tax reform is in folcus as the cbo unveils the budget we'll talk to grover norquist later in the program n'11is up dot go away. hey gary, what are you doing? oh hey john, i'm connecting our brains so we can share our amazing trading knowledge. that's a great idea, but why don't you just go to thinkorswim's chat rooms where you can share strategies, ideas, even actual trades with market professionals and thousands of other traders? i know. your brain told my brain before you told my face. mmm, blueberry? tap

the jpmorgan ceo jamie dimon launched into a tirade against the gridlock in the foggy swamp of washington nearly enough has been done to boost economic growth. where the hell was he for 8 years of the obama administration? instead of calling out the dems and the left wing national media by name, dimon chose to blame featureless generic gridlock for the glacial pace of putting through the president's nominees. >> have one of the most bureaucratic litigious societies on the planet. it's almost an embarrassment being an american citizen traveling around the world and listening to the stupid [bleep] we have to deal with in this country. he doesn't have the guts to acknowledge what the president who has been in office less than 6 months has already accomplished. all of this from a bank that paid $40 million in fines from violating sanctions to manipulating securities. which at times it was the largest settlement between the government and an american corporation. sometimes it's just tough being an american, mr. dimon. dimon's jpmorgan chase settled a case with the justice department. dimon has

gridlock here. explain the situation in dayton right now. what's it like there? >> well, thanks for having us on. yes, mayors are really at the forefront of all of these issues. that's why the health care battle we've seen, washington at its worst, is one where we've tried to have common sense approaches because we know things need to be fixed with obamacare. we want to make sure people have high-quality health care at lower costs but the gridlock in washington and the games being played, we haven't seen that movement at all. now today with the president deciding not even to follow the law to make sure that people can get the access to health care that is the law today is problematic to mayors across the country. >> with the trump organization -- excuse me, the trump administration, ending contracts with organizations, these different sign-up centers for 18 cities, explain what you're trying to do or what you can do or have done on the local level to make sure that the avenues for people wanting to follow this law and willing to follow the law have access. >> wel

when traffic is gridlocked, motorbikes are the quickest way of getting around. >> in fact a new motorbike business is rapidly expanding. motorbike taxis. 50 customers sit behind the driver. there are now hundreds of thousands of motorbike taxis nationwide. the brisk expansion of the app, customers can call a motorbike taxi with ease. it was made in january 2015, gaining widespread popularity. indonesia's first online motorbike taxi service was started by a young entrepreneur >> . >>> in this episode of asia insig insight. >> this market company is under contract from overseas corporations. eva melita is one of the company's leading researchers. she heard about a smart phone application for hailing taxis a year ago. since then, she regularly uses the service. a gps function identifies the nearest available motorbikes. there are about 10 at the moment. >> the fare is determined by distance. once the order is placed. eva receives a call from the drive driver. >> hello. >> the driver arrives five minutes later. >> a mask to cut out exhaust fumes. and a hair net for hygiene services because he

cheryl: well, the turmoil over health care expected to only create more gridlock in washington.eo jamie dimon is fed up with and blaming the media telling reporters why you guys don't write about it every day is completely beyond me. is he right? bring in howard kurtz, host of "mediabuzz". you have written about his comment, great article. >> thank you. cheryl: is he right? >> most americans would say he's right. why can't we do something about the partisan paralysis in washington? the reason it's not going on more is 20 years, bush administration, obama administration, trump administration, like saying washington is a human place in july, and when you have all this polarization, polarized parties, polarized members, districts, constituents, polarized media and social media now and tad to a subject that is difficult as health care, you have today, nothing gets done. cheryl: here's the thing, story lines going on right now, chaos, donald trump, jr. about a meeting that happened a year ago that's now we're talking hearings and appearances, does jamie dimon have a point that the me

gridlock. here is the quote.growth if it were more intelligent decisions and less gridlock. joinings us is peter mauorici, n economics kind of guy. america's top banker saying, look, do something about red tape and rules and regulations loosened a bit. i'm sure you're on his side? >> absolutely. if you look at the quote closely, he used stronger language that we can't use on a family show and i agree with him. what's lacking is leadership from the white house. conemen -- congressman and senators are going to be entrenned owing to the constituencies and things of that nature. someone has to bridge the divide. on taxes, mnuchin and cohn's responsibility. that's not happening. and mcconnell is not letting them in the discussion. at some point they have to be involved. >> we got a report from usually the well informed saying the president is going to get out there and barnstorm the midwest and push hard with ceo's and supporters, get in tax cut done. he's out front on that thing. >> that's great. what's he outfront,

economy, he was upbeat saying if gridlock goes away, we will grow faster, if it continues we won't grow slower. jpmorgan and citi saw share prices decline despite beating estimates. jpmorgan net interest income underwhemed, wells fargo, loan growth disappointed, and the others shares ran up too much. >> shares went up compared to european banks do a little analysis on the likes of jpmorgan. it trades 12.7 that's in line with average of its peers in the united states, but compared with european banks, what is the mean price for european banks the brokers by and large like this company one strong seller out there. 12 buyers, 11 holders. let's move on. coming up. president trump's approval rating hits an historic low. we explore what that means for policies next. >>> get into the top issues. telenor shooting to top of the stock 600 as second quarter earnings beat expectations as it launches a share buy back. an few mijts, we will speak with the ceo. >>> and they're dualing to buy reckitt food business. >>> how are the u.s. markets expected to open, well, early you can see mildly positive f

it helps gridlock. it will take visitors more than an hour to leave. >>> a san jose earthquake soccer player is in critical condition. had to be pulled out of the w r water in lake tahoe. >>> disturbing messages that have investigators anxious to find the taggers. >>> setting up for a big concert and firework display here in the south bay. coming up, the message from marching patriots in san jose. >>> i am chief meteorologist jeff ranieri. i will tell you where the best visibility is tonight coming up in less than ten minutes. >>> troubling and destructive. tonight police in berkeley investigating several attacks on homes and cars. cases of vandalism they say may have risen to the level of hate crimes. tom? >> reporter: and they do say that. this neighborhood is a mix of full time residents, rental co-ops. some of the victims say they actually may holds some of the political views as the vandals. it was just a couple of complaints about tagging at first. but berkeley pd says within a 12-hour period, one

trump hasn't delivered on tax reform and there's gridlock in washington but let's remember, gridlock has never stopped us from rallying in the past. we just had six years of divided government and the bull kept running. maybe we'll get some tax reform next year, but still, it should have been obvious that the president's agenda would be put on hold when congress decided to make health care the most divisive issue in america its top priority however, at the end of the day, a government that does nothing under a republican president is still more market friendly than one that does nothing under a democrat i'm not trying to be political here it's just that the republicans are known as the party of capital, the democrats the party of labor both equally valid, but the stock market is capital. the perception is stocks have gotten expensive you think if stocks were truly expensive, then value stocks would hold their value however, value stocks are the principled source of pain in this market. plus, i've been examining hundreds of stocks that are not on most people's radar screen. they simpl

now we have gridlock in d.c. for the markets.ey need to start worrying about what the administration can do rather than what it can't do? >> it sounds like the health-care debate is finally over and we can move on to what's going to drive the overall market. what kind of stimulus do we get. the market has given the benefit of the doubt that something will come through. that's where the focus is going to be. the market has reasonable expectations. we need to start seeing something. that byto start seeing august or we will have a bit of a pullback. the one policy that's working because it's completely independent is the weak dollar. that will be something we have built in to our portfolio analytics for a while. that's continuing. trump once a weak dollar. if you look at the mexican peso -- i think there's going to be a big push on weak dollar until we get back to levels so we can get back to the table. hugehan: we came in with consensus expectations for a stronger dollar off the back of some fiscal reforms. we've got a weaker peso

break the gridlock on capitol hill. that's the message tonight from the president and from wall street. both would like to see some action. president trump working twitter and the phones earlier from france. >> we must get it done. we will get it done. the president was calling from europe yesterday, talking to senators personally about this. he is personally engaged. obviously the vice president was as well. we are going to get it done. >> martha: president trump tweeting this among others... he writes. how about this, jpmorgan ceo going off in frustration. reeling against washington. picked up on a call to his team, americans essentially deserve better than what they are getting. listen to this. >> this breakthrough, we have become the most bureaucratic, confusing, litigious society's on the planet. it's almost an embarrassment being an american citizen and listening to the stupid [bleep] we have to do in this country. competitive taxes are important for business and business growth. which is important. honestly, we s

otherwise, we're going to see this continuous gridlock. and i don't want to go on and on, but when we passed obamacare in 2009, it split us. it split us dramatically. and it split us for years. it's time we sat down together and came up with a piece of legislation that addresses this issue. and don't think this issue is just out there sitting by itself. in my state, we are down to one health care provider in every county that copays are going up by hundreds of thousands -- you're late. you see the freshman show up. freshmen show no respect for their elders. finally, i'd just like to say, again, in my state, obamacare is a failure. it needs to be fixed. we have fixes. but it's got to be done in the normal process. and what i'm afraid of, of course, is that this thing dies this week and then it sits out there over the august recess or whatever it is. it's time we sat down together and came up with solutions that the american people overall would support. i guarantee you in my state the scat t status quo is not satisfactory. that's one of the

gridlock this fair experience has been far from pleasant. >> i think it's ridiculous.he park is big enough for everyone. we can't help it's traffic. i mean, how is that my problem? >> i think that's so lame. the firework aren't until later tonight. >> reporter: then those who paid for tickets online but weren't allowed in. you can always use the tickets on a different day just not on the fourth of july. in pleasanton, lisa amin gulezian, abc 7 news. >>> at least ten people were arrested at the fairgrounds because of fighting. two were led away in handcuffs. no one was hurt. sheriff deputies were keeping an eye on the crowds at the fair. >>> in the south bay a feast for the eyes and ears during a fourth of july firework spectacular. katie marzullo is live at the shoreline amphitheater tonight. >> reporter: some 14,000 people here tonight. the crowd decked out in their best red, white, and blue, patriotic to the core. the sky above shoreline amphitheater lit up with dazzling fireworks the finale to a fourth of july celebration that was so much more than pyrotechnics. >>

included bye creato said he want it to be carefully considered, not returned through due to budget gridlock. >> it needs to be vetted. that's not a line in the sand, that's cement in the sand for me. >> essential workers will continue to operate, state beaches and parks will be closed and all event planned within them canceled, the state lottery, casinos, and racetracks are not affected. live in the news center this morning, anita oh, cbs-3, "eyewitness news." >> all right, wok to be done, thank you, and eat a not just new jersey so far, there is no budget deal in delaware either. lawmakers fail to approve a bill to raise taxes, on people making her to than $60,000 a year. the first state faces a shortfall of $350 million. >> meantime, pennsylvania lawmakers have passed a new budget. even though they're not sure how they're going to pay for some of it just yet. 32 billion-dollar spending plan provides more money schools, reduce spending for unspecified medicaid services, governor tom wolf backs the budget he will but has yet to say if he'll sign it that is if lawmakers can't cover the short

real ma did will -- madrid will take on manchester united which could cause major gridlock: usually on game days, the theme park closes, so 9ers fans can use the parking lot and get out with less traffic. not today, the park will remain open so the traffic will likely come to a standstill. >> now they close the road and the stadium here, and having all these games here and stuff, it's ridiculous. >> santa clara pd, and california highway patrol will be on hand to help with security. >>> after weeks of shifting through allegations of vote, eric bauman is the new party chair. kimberly ellis submitted a number of objections overthe results of the election. a special democratic panel was convened and they wound up invalidating 47 votes, 25 were for bowman, 22 were for ellis. ellis has requested an independent audit and has still not conceded the election. >>> now for your stories around the bay. an immigration crack down may be headed for the bay area. the acting director o. enforce -- of the enforcement agency thomas holman says get ready for more ice in the cities. he has the green light

he now co—chairs no labels — a group focused on breaking partisan gridlock in washington.. have you had donald trump —— donald trump talking about his son donjunior saying anyone would have taken that meeting with the russian, you ran for the vice presidency in 2000, would you take a nap meeting?” for the vice presidency in 2000, would you take a nap meeting? i hope not, i do not think i would have forced to buy do not think anyone would take on such a meeting. some people would have but in my opinion no one should have. in the heat of the campaign, its summit comes along and says they have real dirt on your opponent, there is a temptation to just go for it but this after all was coming from a foreign government and the e—mail response of donald trump junior, i love and the e—mail response of donald trumpjunior, i love it really was even know it was a casual e—mail and he had no reason to think it would be globally visible, it creates this sense that he was open to collusion. it is hurtful right now. this perception whatever the facts may turn out, what is interesting as y

a new report showing years of declining enrollment amid-gridlock from state leaders. the report recommends buyouts for some staff and changes in leadership, but no silver bullet to fix the budget. gap. >> they are digging the hole that the system finds. >> reporter: despite the gloomy outlook, it does not recommend closing campuses or merging universities that could have save d some money to what would have caused pain to local communities. like facing major fbl problems and a dramatic drop in enrollment. alumni have been fighting any effort to close the first historically black college. >> my hope for this institution is one it can sustain and open doors. >> they are glad to hear the new report recommends it should stay open securing a place for low income first generation students. >> up next, pink on the beach. aundrea cline-thomas live in atlantic city. >>> but first, more on the breaking news of four missing men. sky force 10 live over the search in bucks county. more in just a minute. day 13. if only this were as easy as saving $600 when you switch to progressiv

jamie dimon is frustrated about the dysfunction about the gridlock in bc.e analyst conference call, he shared some of his thoughts and some colorful commentary. mr. dimon: since the great recession which is now eight years old, we been growing at 1.5% to 2% in spite of stupidity and political gridlock. have become one of the most bureaucratic, confusing, litigious ascites on the planet. it's almost an embarrassment being an american citizen traveling around the world and listening to the stupid [bleep] we have to deal with in this country. he did not criticize the white house directly. he is chairman of the business roundtable, and he has work to do. julia: the point he made about the litigious nature of the perhaps some, but of the frustration he was sharing, it's a concern about .hat is going on i'm showing a comparison between it citigroup, and jpmorgan in yellow. this is the fixed income trading revenue. you have jpmorgan out there ahead. it plus what we are seeing in 2017 so far. it's just a little under $1 million between them. we saw fixed income tra

gridlock this fair experience has been far from pleasant. >> i think it's ridiculous.. we can't help it's traffic. i mean, how is that my problem? >> i think that's so lame. the firework aren't until later tonight. >> reporter: then those who paid for tickets online but weren't allowed in. you can always use the tickets on a different day just not on the fourth of july. in pleasanton, lisa amin gulezian, abc 7 news. >>> at least ten people were arrested at the fairgrounds because of fighting. two were led away in handcuffs. no one was hurt. sheriff deputies were keeping an eye on the crowds at the fair. >>> in the south bay a feast for the eyes and ears during a fourth of july firework spectacular. katie marzullo is live at the shoreline amphitheater tonight. >> reporter: some 14,000 people here tonight. the crowd decked out in their best red, white, and blue, patriotic to the core. the sky above shoreline amphitheater lit up with dazzling fireworks the finale to a fourth of july celebration that was so much more than pyrotechnics. >> this woman is 83 years old. she ho

that's where the gridlock will break, when we get together with our problem solvers caucus members andh is enough let's legs late for the american people. >> is president trump keeping his on eye the ball? when i think about that interview with the "new york times" i can't understand why he would trash talk jeff sessions. >> i'm not going to speak for the president. >> you can have an opinion on it. >> he's very refreshing if you look at how he responds to questions, he's direct, not a d.c. politician. i appreciate that. as i new yorker that straight talk is something engrained on us from our early years. bottom line, he responds to questions asked -- >> you think that's straight talk. you're asking people to keep their eye on the ball and you're president of the united states? >> what he's doing is just what he always does, he's speaking from the heart and speaking the truth as he sees it and obviously he's not a politician. that is something that we have a lot of concern with when you get the distraction that sometimes comes from the responses to those questions. but at the end of th

government saying the political gridlock is hurting the economy.got passionate about it. >> it's almost an embarrassment being an american citizen traveled around the world and listening to the stupid (bleep) we have to deal with in this country. liz: amen, jamie. and to the floor show. something tells me traders at the new york stock exchange, cme, weren't exactly offended by that. but do they set the tone for next week? we have a slew of results, about nine big names there. what are you expecting from these names? and do you relate to what jamie diamond is saying? >> absolutely. jamie diamond for president, you know? he's absolutely spot on. we've been talking about this for a while. the dysfunction in dc has definitely hurt us. but, you know, as we kind of expected with the banks, it was the guidance that was going to be more important with the results. and we got that profit taking today. but let's look at what the fed has to say. now, they're going to be on the sidelines now potentially for the rest of the year. so easy money is back in focus,

backed up that is and transportation planners are saying something needs to be done to ease the gridlockudoun county leaders thinks a new crossing needs more study. saying no way. >> it detracts from real solutions because 270 is a mess. the american legion bridge is a mess. let's focus on 270 and the american legion bridge, not some second crossing that literally will never happen. >> reporter: taking another look at the divide of the potomac river, now listen, this is an issue that isn't necessarily put to bed just yet. the region's transportation policy board is set to take up this issue next week. we'll see how it goes. back to you. >> thanks, adam. >>> in the neighborhood around pentagon city, some residents are renewing a campaign against the grocery cart clutter. they blame both the big costco store and customers who think it's okay to take carts home and dump them. bureau chief julie carey looks at what's causing the concern. >> reporter: take a look around pentagon city, and you will probably notice all the abandoned shopping carts. some just across the street from the costco, a

vonnie: that was just -- suggest if we could get out of the gridlock, no matter which direction we gobanks will benefit. is that correct? christopher: the banks and economy. i think he is right. there was, it is understandable why it happened, but there was a certain degree of overkill with the immediate post crisis. and you had all kinds of politicians always saying we must be tough on the banks, tough on the banks. if you substitute the word bar r forfor banks, -- borrowe bank, what politician would say we need to be tough on borrowers? but we need to look at that period from 2010-2015. it has made credit less available. vonnie: briefly, are you maintaining the market performance with wells fargo and jpmorgan? christopher: both companies are great. banks are likely to outperform, citi one of the much more compelling values. picking ours favorite. i think the banks in general will do fine this year. vonnie: christopher kotowski, thank you for joining us. withberg will be speaking the wells fargo cfo john shrewsberry at 4:00 p.m. coming up, hbo crown jewel, game of thrones. it revved