her business didn't make it but she wanted to make sure that janet's does. >> hi. >> hi, janet. how are you? >> okay, suzanne. how are you? >> and we introduced her to raica barabas, the director of badgirl adventures in cleveland, ohio. they let janet sit in on some of their saturday entrepreneurship classes, opening up an opportunity to bounce ideas off of and network with. janet hit it off with christina castillo wright, she offered to help janet work on the new insider concept that denise suggested. >> i'm out here in portland, oregon, and i am a help aide designer. >> with all of the resources at hand, we gave janet a challenge. pull this all together to relaunch yadabags by november, just in time for american diabetes month. so this was a big day. >> oh, wow. really big. >> do you have after this day is this the business you think it could be or thought it would be? >> i think it's really moving in the direction that i envisioned. >> what did you learn? >> oh, wow. i think the biggest piece for me is feeling like i have some support in developing it, and somebody to think

we look forward to janet -- he isdecision to not a jackson hole. conversation with james bullard of the st. louis fed. good morning this is bloomberg surveillance, live from our world headquarters in new york. i am tom keene. joining me is vonnie quinn and brendan greeley and jackson hole with protesters. vonnie: the protest began last year. they have joseph stiglitz. tom: i do not care what honorablypolitics is, -- vonnie: saying this is not a recovery. tom: some of the color from jackson hole, we will have much more through the hour. let's get to our top headlines. vonnie: stocks in china rallying for a second straight date making investors. china resumed yesterday. china's leaders want things to look good for a major military ceremony next week, the state agency that prop that share prices says direct stock purchases will probably end in a month or two. the u.s. rally may be running out of steam as s&p features are having a lower open, coming up its biggest rally in six years. oil is headed for its biggest weekly gain since april, the west texas

janet o is there live with more. janet? >> first i want do show you how bad the remark is backed up for several miles on highway 101 southbound lane. all this because of the accident that you see behind us. it looks like c.h.p. officers have flashlights and are looking for something. we are not sure what. we told that call came in at 2:48 this morning of the fatal accident. c.h.p. has confirmed one person has died and the coroner is here on the scene. we know two cars are involved and what happened we are not sure yet. c.h.p. is investigating. in fact, they are calling this a crime scene so we still gathering a lost information with a lot of c.h.p. officers on the john. they want you to avoid this area because they don't know when the lanes will re-open and they say they have a lot of work to do including cleaning the debris out here and getting one car that involved in the accident away from this scene, a lot of work to do and one person has died and two cars involved in died and two cars involved in the fatal action >> de

reporting live here in oakland, janet oh, abc 7 news. >> janet, thank you.pening now in contra costa county, a water main break sent gallons of water gushing into the streets this morning. you're looking at new video of the scene. it's a tough site to see in the bay area, especially during this drought. several yards and at least one garage have been flooded. more than two dozen people are without water right crew s continued to battle another fire. the jerusalem fire has forced evacuations from the road and morgan valley road intersection, all the way east to napa county. the areas near the southern tip of the much larger rocky fire. the jerusalem fire, though, has now grown to 14,000 acres and is just 5% contained. at least 50 structures are threatened with more than 1,600 firefighters working to contain it. >>> just about 5:04 now. two alameda county sheriff's deputies are recovering this morning after an explosion at a home where they found a body. deputies were serving an eviction notice in west oakland yesterday morning when the house exploded. this is

abc 7 news reporter janet oh is live near the scene with the very latest for us. janet? >> reporter: you can see the coast guard out there on their boats with the flashing lights. they are following up on reports of a woman who may have gotten out of the water and seen on shore, but that is unconfirmed at this time. the search still continues this morning at this hour. several agencies are also on boats searching the san francisco waterfront. it started out as a single car crash at 2:00 this morning. there are two people in that car. when they approached them, they say one woman believed to be the driver jumped over the guardrail and plunged 70 feet into the frigid water. >> we believe it's a diver that jumped over the rails. jumped over the rails. about 50 yards >> another passenger witnessed everything and fainted when she saw her friend jump. officials are not sure what prompted the driver to jump into the water. they're not sure what caused the single car crash early this morning. that is all under investigation. reporting live in oakland, janet reporting live in oak

janet? we do not have janet now and we will check in a bit. you saw the lightning strikes mike showed you. it is still active. >> the south pay lightning strikes splintered a giant redwood tree near mineta san jose international airport one of the tallest trees in the neighbor. the top of the tree exploded interest hundreds of pieces at 9:30 and neighbors say it was a quick storm with a little rain. >> sounded like a bomb went off. seeing pictures on tv of what lightning can do and it has disintegrated. it vapourized. >> the tree limits exploded. we were trying to figure out what was going on, explosion or lightning. >> strike knocked out power to several homes in the area and there are a hot of frayed nerves but no injuries. >> we have gotten a lot of weather photos from viewers, go to our website. we with lick to see your photos and you can post them on facebook. >> and residents of the rocky fire are allowed to go home after evacuation ordered were lifted for morgan valley. evacuations for spring valley area are lifted with 43 homes and 53

and janet napolitano, you hear it all the time, as do you, i'm sure. the deal that you cut with the governor froze twipgs for two years in exchange for more state money. but what happens after two years? >> after two years, which will be five years of frozen tuition, in-state tuition will go up pegged generally to the rate of inflation. we are all trying to educate differently, to do all we can to keep costs down. one big change today versus years ago was just the amount of money that the state contributed to the university system in california. >> going consistently down? >> well, and in fact, studies show that the only -- basically the only reason tuition has gone up is because the state contribution has gone down. we still have work to do in that area. we know students are concerned about this. we also want to keep financial aid as robust as we can. >> and chancellor harris, cost is also a concern at community colleges but there's a bigger concern about being able to transfer. and fewer than half the community college students complete a degree, a c

>> reporter: yes, janet.es have been a huge issue from the very beginning because there are just too many fires and not enough people even though they're using active duty military, national guardsmen, every wildfire crew in america is here somewhere in the west fighting a fire. it's still not enough. you mentioned the contingent from australia and new zealand. they will be a help. unprecedented actions from the department of natural resources asking volunteers to join in this fight and they had a huge response, 3,000 people signed up immediately. today 200 of them will undergo some training for deploying emergency fire shelters and some other basics. they're really hoping to get people who are already certified firefighters and people who know how to use heavy equipment, that will be a huge help whether they are used and when they can be used, the volunteers, that is, will be based on firefighting personnel. those who can monitor them, take them into the areas, and direct them because that is an issue, just

but janet yellen, our fed chair, she is skipping this year's gathering. there is group of protesters. they are called, fed up. they are attending second time. they're a liberal coalition made up of community activist groups who want the fed to hold off on raising interest rates at next month's polly meeting. stay tunedded to fox business throughout the day for live coverage of the summit. tune in for federal reserve bank minneapolis president, kocherlakota. how do you say the name? >> kocherlakota. >> thank you. he is in jackson hole. >> i don't know. here is the point, the point is basically bill dudley came out and said september rate hike is less compelling but would like to see a hike by end of the year. you know the fed is very much considering raising rates. see how global markets are faring. after our u.s. rally yesterday, two great days, almost 1000 points, asian markets closed mostly higher. shanghai, kospi, they are up almost 4, 5% and adds to the prior day's gains. >> european stocks opened higher. but now they're down. the cac in paris is down

retail sales report, news janet yellen can use. as oil crashes, american oil producers to medically cut costs. -- dramatically cut costs. good morning, this is "bloomberg surveillance." i am tom keene with brendan greeley and the surprise -- you never know, greece, positive gdp. summer'sa lot of the chaos is not included in those numbers. two looking at two things, vigorous denials, china denying managing currency. dilma rousseff denying she is considering stepping down as president of brazil. both of them are protesting too much. contemplating -- what mr. biden will do within his future. brendan: he is having conversations. tom: we're going to have a conversation on top headlines. here's brendan greeley. brendan: china is stepping up its verbal support for the yuan stemming the currency's worst fall into decades. the central bank held a rare press briefing today. officials said there's a reason for the depreciation to persist. plus the bank said it will take action when there is excessive volatility. concerns a good cause instabil

liz ann, people fearing what janet yellen will do come september. given the panicked selloff that we saw yesterday, do you think this basically leaves janet and company, on hold for interest rates? >> more likely than before. i want to go back, if you would let me for a second to the china situation. i'm not a apologist for china. i deal in facts and this tag line, they constantly devalue by trump, since their stated devaluation which, really i think was more for the purpose of having their currency become a member of the imf special drawing rights, the currency has devalued by few percentage points, but that is after the currency appreciated against the dollar for years to tune of 30%. trish: how many years, not that many years, liz ann. historically they good keeping their currency lower than ours. >> it is pegged to ours in a range. range of renminbi to the dollar is 25 to 30%. they needed to correct that i'm not apologist for china but i think purpose was not specifically to hurt the united states. trish: they're trying to help themselves of cou

janet o has the story. janet? >> cheryl, if you take caltrain you may have noticed how crowded it has been. that is because this are more riders each month for the past five years. transportation officials say that is due to a stronger economy and more people taking public transportation. they are commuting all over the bay area including folks going to the south bay or those coming here to san francisco. caltrain said that there is a huge demand for service right new on any given week, with more than 58,000 riders. passengers say it beats driving and sitting in traffic to get to the city even if it is a tight squeeze. >> the energy here is great. the start-upsening here is great. there is some activity in the south bay but not compared to what we have here. >> i take the baby bullet sometimes in the morning and sometimes it is so packed you have to stand up the entire ride here, and it is 50 minutes i am not sure why it is so packed. [ inaudible ] it was are apartment >> caltrain said they are aware of the overcr

janet o is near the scene with more. janet?fficers just informed us at scene that the officer would was shot early this morning is now out of surgery and in stable condition. look at the scene behind us. this is where it happened at 1:30 this morning on martin luther king jr. way. police say a suspect was armed with a rifle when officers arrived. the officers were -- the suspect shot at the officers and the officers returned fire. they hit the suspect. the suspect was pronounced dead at the hospital. here is what the oakland police shared moments ago. >> i cannot go into a lot of the details but only share with you that officers were investigating a sexual assault. their investigation led to the 380 block of manage month ago jr. and that is where they encountered the suspect who was armed with a rifle shot at the officers striking an store and the officers returned fire, striking the suspect. >> police say they had a report of a sexual assault yesterday evening and that led police officers to the scene. they were trying to make

janet: mi nombre es janet valdÉs, llegué a este paÍs para reunirme con mi esposo.que nunca vemos en nuestros paÍses. los refrescos son mÁs pequeÑos, todo es mÁs pequeÑa. y uno que tiene alma de gordito, nos emocionamos! hasta que caemos en esta adicciÓn. que es lo que nos lleva a engordar y tener una pobre salud como era el caso de nuestra querida janet. johnny: que opciones podemos tener, alejandro? alejnadro: ha sido creado este plan para que sigamos sintiendo nuestras raÍces latinas. comida mexicana, con la guÍa que suplantar las personas que estÁn trabajando todo el dÍa y no tienen tiempo de cocinar. pueden incluir sus comidas mexicanas favoritas, la comida latina, tortillas, arroz, plÁtanos, papas, todas nuestras comidas y las podemos seguir comiendo al compaÑero de suplementos naturales, sustitutos de comidas, proteÍnas y la guía nutricional que nos dirÁ quÉ comer y cuÁndo. janet: exacto. alejandro: no tenemos que separarnos de nuestras raÍces para adelgazar. johnny: Éstos datos que estoy viendo son exquisitos y aparte son saludables. alejandro: ahora esta mu

i never use janet as a piece to get people to like me more. it could have been her or anybody at that particular point in time. >> so at what point did you begin to look outside of music? >> one day i walked into the studio and all of the interns was on the computer. i was like what are y'all doing? i was giggling and wiggling and they was on my space. i was like what the hell is my space. i wasn't up on my space. >> what year is this? >> this had to be 2000. that's what attracted me to social media and all of that period. >> is that when you began working on global 14? >> i got on my space and started building my own page. at that time i was the president of the record company. i would go back to work and i would tell all of the people in the art department these people on my space are busting y'all [ bleep ]. what are y'all doing because i got artwork that is killing what y'all are doing? they didn't understand what i was saying. they thought i was being crazy because i was young and running the company. that day when i said that and i had s

in other words, everybody out there has try to take a place from janet and jim's book.hey're all trying to put money into the system effectively printing money to get it into the system and try to, you know, basically increase liquidity. but in doing so, other economies and namely our own at risk? >> yeah, i think so. you're right that everybody's been doing some version of qe. whether it's been in europe, japan, china's had their version of it and of course we've had. and if you look at the study that came out last week, the other studies i think all they've accomplished was they've over done asset prices. they've pushed asset prices way too high. the economies and all these countries have not performed as all the people hoped that qe was going to save the economy. yeah, they give the default. what would have happened if we would have done it? the assistance nobody knows. but nobody expects the economies to be this week and soared as much as they have. so they've created a bit of a distortion, and i think that's been the problem. >> rosy, that's part of the problem wit

this dance card belongs to a young woman from warrington named janet weaver. etiquette at the time called for a young lady to have her dance card. a young gentleman what, and request a dance, and the young lady would write their names down. now, etiquette had it that the special man, the boyfriend, the fiancÉ, at least the man who brought you to that dance, would have the first dance, and then the young woman was expected to circulate with the other gentleman at the dance. you will see on this dance card, the first name is w.b. palmer, william benjamin palmer. weaver family tradition has this, that ben palmer and janet weaver were engaged to be married, but they did not marry. in 1880, janet weaver married norman vincent randolph, who was a widower at the time. but the two of them made a remarkable match. they were dedicated to helping confederate veterans who had fallen on hard times and their widows or their wives. they played a great role in the robert e lee camp for old confederate soldiers. janet weaver became very involved in the united artists -- united

. >> janet o is on 101 and kelly road with new information on the accident. janet? >> kristen, c.h.p. just confirms moms ago that one of the drivers of the two car collision has been arrested for d.u.i. here is the scene. check it out. they are getting ready to clear all this off and re-open all of the lays, the southbound lanes on highway 101. here is what they say happened. around 3:00 a, they saw a driver of a blue scion hit the center divide and a vehicle rear ended the vehicle and the female was pronounced dead at the scene. the driver of the red vehicle has arrest the but he and three other passengers have been treated for minor-to-moderate injuries. c.h.p. said that there is a possibility the driver of the blue scion may have been under the influence but they have to wait for toxicology results. c.h.p. expects the scene to be cleared in about half an hour with all southbound lanes re-opened in time for the morning rush the right now, drivers are being diverted off of tully road off highway >> right now we will check with leyla and find out how to get an the s

was nothing like the transparency that started under ben bernanke and has now been transferred to janet yellen. >> ben bernanke was more communicative. i would say you would know under timing and the things much better.

janet: muy bien.ver. miren nada mÁs, sam está casado con mia y tienen dos hijos, Él decidiÓ hacerle la prueba de embarazo a su esposa sin que ella supiera, Él se encargÓ de darle la noticia y el vÍdeo se ha vuelto viral. ana: quÉ lindo! william: quiero que vean la cara de la esposa. miren, miren. johnny: ella todavÍa no lo cree. william: miren la cara. johnny: y los bebÉs atrÁs. quÉ emociÓn. ella todavÍa no lo cree. william: yo me pregunto cÓmo fue ese proceso... ana: quÉ bonito. johnny: nuestro y claro, Él tuvo que haber sido demasiado ingenioso o no... no vemos detalles. william: los sacÓ del baÑo y punto. ana: yo necesito una prueba de maratÓn... johnny: ¿para quÉ? cuarentena! ana: estoy como en la tercera cuarentena. william: es viernes, es viernes. alejandro: yo escucho por aquÍ "yo quiero". karla: es que yo me acuerdo del momento y empiezan los momentos mÁs felices de la vida del ser humano, quÉ bendiciÓn tener un bebÉ. alejandro: en breve, orlando segura nos cuenta sobre lo que digo paquita la

. >> janet and i and bruce and kenny jo were good friends. did a lot of things together.ther quite frequently. had dinner at each other's houses. >> bruce was always really funny, you know? he would laugh at everything. he just thought everything was funny, especially what he said was really funny. you know, but he was just, he would do anything for you. just, you know, the kind of friend you would want to have. >> it's always the most charming guy. it's always the guy that's the most fun. it's always the guy that everybody loves that hides that one big dangerous dark secret. >> janet and i ended up having two little girls. tara the first and katie the second. >> katie was a wonderful child. she was fun. she was bright. you know, all the kids would be outside playing and you could hear katie over all of them laughing, having fun. and she was just a beautiful little girl. >> she was a character. i mean very independent, strong willed. did not want to do what she's told. she went through a phase where she called me ken. it was funny and cute, kind of. but at the same time i

reporting live in san francisco, janet oh, abc 7 news. >> janet, we'll be coming back to you and followingking overnight, seven people were injured when a u.s. army helicopter made what officials are calling a hard landing

janet here with? >> karl. >> you're from california.you know anything about what's going on in l.a. this weekend, the vmas, video music awards are coming up, mtv? >> i've heard of the vmas but i didn't know they were going to come here. >> have you heard about who's hosting this year? miley cyrus as the host. >> that's cool, i guess. >> all right. >> if you like her. >> do you like her? what's your opinion? >> no, she's not one of my favorites. >> what do you not like about her? is it that her -- her shocking kind of -- >> really, her style. and her dad. i don't like her whole family. >> oh, really. do you have any opinions on her? maybe what you think about her? >> well, miley cyrus, when i knew her, she was only a child. >> most of us, all of america, that's how we got to know and love her. >> because what -- what is her father's name again? he's the one -- >> what's miley cyrus' father's name? if your kids were acting like miley cyrus would you have any thoughts? >> no, no problem, i just like taylor swift better. >> i heard that she

janet o has more from millbrae. janet? we do not have janet now and we will check in a bit.ke showed you. it is still active. >> the south pay lightning strikes splintered a giant redwood tree near mineta san jose international airport one of the tallest trees in the neighbor. the top of the tree exploded interest hundreds of pieces at 9:30 and neighbors say it was a quick storm with a little rain. >> sounded like a bomb went off. seeing pictures on tv of what lightning can do and it has disintegrated. it vapourized. >> the tree limits exploded. we were trying to figure out what was going on, explosion or lightning. >> strike knocked out power to several

fed chairman stanley fischer has the ear of janet yellen like nobody else coming up in a few minutes. a new season brings a new look. a chance to try something different. this summer, challenge your preconceptions and experience a cadillac for yourself. ♪ the 2015 cadillac srx. lease this from around $339 per month, or purchase with 0% apr financing. no student's ever been the king of the campus on day one. but you're armed with a roomy new jansport backpack, a powerful new dell 2-in-1 laptop, and durable new stellar notebooks, so you're walking the halls with varsity level swagger. that's what we call that new gear feeling. you left this on the bus... get it at the place with the experts to get you the right gear. office depot officemax. gear up for school. gear up for great. >>> the rally in crude behind yesterday's market gains, adding to gains again this morning. oil briefly breaking through $45 a barrel. let's get to jackie deangelis with more. >> it's a remarkable rally on the back of what we saw yesterday, that more than 10% move. interesting because when i came in this morning

janet yellen has criticized her predecessors for going too late and to gradually once they started, sois important for them to be forward-looking. we talk about downside risk to inflation from the dollar and -- coren inflation is inflation is accelerated. it has been argued this year. alix: what disrupts your thesis? >> if the real economy starts to slow, that would worry me. politically, we are looking at what is going on later this year, will there be spanish elections, the economy there has been doing well. governmentt friendly could come in, that would worry me. the china story right now, that is the market. alix: thank you very much. joe: we will be right back. ♪ oe: "what'd you miss?" alix: do not miss this, the chinese central bank is unlikely to lower by 50 basis points. joe: another thing you do not want to miss, next thursday we get m three money supply in europe. this has been going up nicely. credit is it going and feeding into inflation. alix: good stuff, big week, big day. joe: that is all, thank you for joe: that is all, thank you for watching ♪ ♪ ♪ get excited for the 1

janet yellen or mark carney?le the market is pricing in a hike before the bank of england makes it's move david miles suggested the u.k. could pull the trigger first it follows a number of not so subtle hints that a rate hike is coming. >> trading just shy of a four week high against the u.s. dollars. the strong pound causing havoc for british exporters and in the u.s. janet yellen looks on course to hike rates in september if there's no ugly surprises in the data. >> in fact wednesday's nonmanufacturing pmi reached the highest level in a decade slashing expectations. it prompted them to increase the payroll's estimate to 225,000 while jp morgan refirms to 240,000. i don't think it's about who goes first. symbolically that's a little important but isn't it more important to see who raises by how much over the next couple of years? i don't think the market pays attention to that. what we don't want to see is another greenspan, 14 hikes in a row in the course of two years. >> that's more important over the medium t

janet: y en florida cumple 3 aÑos.olicÍas se detuvo en el estacionamiento de una gasolinera, al parecer otro individuo sacÓ un arma y disparÓ, el sujeto no llegó lejos, cayÓ sobre el pavimento, individuo fue declarado muerto en el hospital, y aseguran varias personas participaron en la balacera pero no se sabe quiÉn disparÓ primero. la fiscalÍa estatal asegurÓ que revisiones incluyeron declaraciones de testigos y la autopsia determinaron que el hombre falleciÓ por el uso de una droga sintÉtica conocida comÚnmente como sales de baÑo. el incidente ocurriÓ a mediados de abril y la policÍa dijo que brown se mostrÓ muy agresivo por lo que uno de los agentes le disparÓ con una pistola paralizante.. el alcalde de nueva york, bill de blasio, hace un llamado urgente para que ustedes congelen la refrigeraciÓn por el virus, la cifra de muertos aumentÓ 10, la mayorÍa de los fallecidos eran personas de edad avanzada y ponÍan condiciones mÉdicas. hablan de la palabra de dios, pero no son verdaderos sacerdotes, se trata de una nueva

i never talked to janet yellen in my life. liz: if he did, what would he say?arren buffett, berkshire hathaway chairman and ceo saying yesterday on our program saying he believes the fed will probably raise rates sooner than he would have. we have conflicting statements out. a fed governors, what does the street think? joining me now two street stars, fred cannon, james bianco, bianco research president in chicago. gentlemen, you two are the boys of september. not the boys of summer, but the boys of september. you both feel it will be september rate hike. why, fred? >> the market is ready for fed to raise rates. the fed doesn't like to disappoint market. there is technical issue with the fed. they have to test overnight repo rate. there is no fed funds rate anymore that trades. they have a lot of mechanisms. they want to try those. it is a good time to do it. liz: james, you think it is september possibly as well, correct? >> i do. that is what fed made it clear they want to do although you could argue the data is a little mixed. that is what mr. buffett was tr

janet o is in hayward with the latest. janet? >> yes, good morning, matt. the police presence continues to grow in the last half hour. another patrol car arrived. they put up the crime scene tape. officers have the apartment complex, all intercessions blocked off with patrol cars. they are letting people out. they are not letting people in. this is all happening across the street from mount eden high school. officers were seen taking pictures of cars and the area investigating reports of a shooting. police are not releasing much information. they are not confirming anything. a short while ago we saw a group of residents russia and crying on the sidewalk. they left. police are blocking all intersections. they will be here for some time. they say we will be provided with more information not too long from now. that is the latest. >> develop news in lake county crews say rocky fire activity is unpredictable and growing. it is now burned 52,000 acres. it is putting more communities in danger. some redens in spring valley are ready to leave. the firefighters can

thatdoes janet yellen put front and center, the so-called wage growth? or is it a secondary issue for the fed? maury: what is more important is what happens to core inflation. it gives gradually in the second quarter -- it didn't gradually in the second quarter. have lowtives are to unemployment and some objective in core inflation. tom: i'm going back to the core headline. there isn't any. brendan: what information coming out of the labor department would change your assumptions bout janet yellen? say hours -- let's say average hourly earnings are flat again. i do not think they will be, but if they were -- keep in mind that these are the july data. we are going to have august data before the september meeting. these data are also subject to big revisions, so a month from now, we think -- we have today is critical. a month from now we will really think those august numbers are critical. tom: this is a 3% economy. jeb bush last night talking about a 2% economy. is this a 3% economy right now? isry: for the time being it because we have a boom in autos an

janet yellen will not be there.anley fish will shed some light on the timing of the next rate increase. next great increase, -- next rate increase, september, what will make you change that? is it stanley fischer? is it weak data out of the u.s.? james: that is what bill dudley said yesterday. the case for a september rate hike is less compelling. this deflation out of china and emerging markets. the fed will want to assess where we are in terms of market and the data. in my mind, while a rate hike is possible in september, markets will have to be in a better position. the fed will have to be confident that what has happened in the last few weeks is not going to cause the inflation numbers in the u.s. to come in lower than they thought. the hurdle has gone up significantly. sous: our markets just inextricably linked to soft and easy money? the s&p rallied 1% as soon as dudley took the heat out of september. s&p went up. in asset markets survive rising interest rate world or are we also addicted to 0%? james: we can

janet lauren, thank you.oming up next, tesla, jcpenney, lumbar liquidators -- just a few names you need to watch before the open today. ♪ you are mark josh julie: -- julie: you are watching "market makers." i am julie hyman. mulligan, who has been with target since 1996, will assume a new role. he is known for being an integral part of the search for brian cornell, who became the ceo of the company. in addition, kathy smith coming over from express scripts. she will take on the chief financial officer role. she was executive vice president at express scripts. similar role, different industry. olivia: thank you so much, julie hyman. cory: gold prices have been falling, down about 40% in the last four years. gold miners are scrabbling to cut costs. quebec, -- in northern quebec, the largest gold company the world, goldcorp has a $2 billion mine. danielle reports. daniel: 10 years ago this sub arctic landscape bore no signs of human presence at least from the air -- no roads, no airstrips, no mines. >> you start

. >> what would janet say about that? do you want to check that out? >> janet -- >> does that look like miley cyrus? >> looks like miley cyrus. okay, yeah. >> deep it on the dl, that's miley cyrus' titties. janet up here, miley down there. >> jimmy: when we come back we are going to empty out the youth hostel down the block to put foreigners to the test in a game of "hostel la vista." stick around, we'll be right back! [ cheers and applause ] get up girl, show me what you can do. shake it, shake it baby, come on now. shake it, shake it baby, oohh oohh. shake it, shake it, shake it, oohh. a-b-c, it's easy as 1-2-3 as simple as do-re-me, a-b-c, 1-2-3, baby you and me, yeah. a-b-c, it's easy, it's like counting up to three. sing a simple melody, yeah. make it look easy with jeans that stretch from target. mother nature can turn in an instant; don't turn back. introducing the new 2016 ford explorer. be unstoppable. this is my fight song... some people may think subway doesn't have enough flavor. i'm here to help 'em think differently. you know that sandwic

janet ward said she had been in a diabetic coma before crews had begun treating her. >> she was like, you are a very sick lady. she shook by hand, gave me a hug, and she took care of me. she brought me back.>> reporter: janet is an interpreter who took a refugee to cruise as a patient.>> she listened very carefully to what they had to say, and she would say, everything will go right. now you are in a free country.>> reporter: then there were stories of the children. elizabeth, who like to draw and makeup games, and even little rachel, who smiled and laughed and like to be tickled.>> that was should makita shams reporting. martin martinez is accused of killing off our people, including his own baby daughter, rochelle, who he had with cruise. he is also facing charges for killing his mom and another child believe to be his knees. he has already been charged with them murder of his two- year-old son last october.>>> a test drive turns terrifying for a car salesman in vacaville. shane woodcock and shauna macklemore were on that test drive last night. at the bank, woodcock threatened the s

janet, that was the hottest ticket in town. i'm sure it was fun. >> it was.a tough assignment, but somebody had to do it. i have to say my voice is hoarse from all of the yelling and screaming next to the tweens. it was a good night of family fun. you can see the fans leaving the stadium who are just as excited now as when they first got here. >> yes, it so excited. i have been dying for this day. >> it is a dream come true for taylor swift fans. >> i am shaking right now. i am like, i can't wait. >> more than 50,000 fans pack levi stadium for this moment. taylor swift performing songs from the album "1989" the year she was born. it brought together fans of all ages. >> taylor swift is so cute and entertainment and wholesome. it is refreshing. >> she's the best. >> reporter: swift fans say you can't help but love her. >> it says pizza has my back. she will keep me straight. >> i love how she puts it out there and doesn't care what the haters say. she is a great role model. >> all the more reason this dad says he doesn't mind every penny he spent for this unfo

we will not hear from janet yellen but we will hear from stanley fischer. the head ofin global fx strategy at bnp paribas. >> said watching is hard enough. if those going to make it easier i would say watch janet yellen, stan and -- stanley fischer and william dudley. did william close the door on september? >> i think that seems to be the case. the greek crisis is the catalyst so from our perspective we think that even before the malaysian equity market was off the table we think the fed is data watching. unemployment is doing exactly what they wanted to do with falling and looking positive but what they need is more confidence on growth so from that perspective they are data watching like you and i. >> traditionally the fed places less emphasis on markets than we would. having said that, there is no way they're going to start lift off. legend giantfund making some weight talking about qe4 the last couple of days. >> ido you think about it? think it is highly unlikely with the on a planet rate already through the roof. it is really not on the cards. think

but by nightfall the fire grew thousands of more acres and janet's family is getting a front row seat. >> when you the smoke roll up and you stand here and you see the flames rolling up like a hurricane behind them, it's -- get really nervous. >> reporter: she says they're ready to go at a moment's notice but david didn't want to wait for that moment to come. >> it's like if it burns it burns. >> reporter: how's that feel leaving? >> it's tough thinking you know i could come back homeless but once again as long as i'm okay life goes on and so -- yeah. >> reporter: just a few hours we're expecting a massive shift change. we're talking thousands of firefighters switching out. and that will officially kick off day seven of fighting the rocky fire. in lake county, cate cauguiran, kpix 5. >>> and a cbs news crew had a close call on the front lines of the fire. it was growing so fast that they had a hard time outrunning it. reporter carter evans and his photographer had to sit tight for two hours with a cal fire crew. >> at this point, we're in a safe zone. there's no vegetation to burn aro

janet o joins from the mission to explain. janet? >> yes, mill frustrations this is meant to be light-hearted. the owner as discount city does not recall if another president am candidate has been made into a pinata but he said he is not a trump supporter but it is good for business. black suit, signature red tie and combed over hair, you know it and donald trump. >> it is a funny backlash to the controversy he is brewing. >> it is great. >> donald trump has been making a big splash in the political scene gathering supporters and a lot of vocal haters. drop the trump. >> i did not think the immigration thing would take open a live like it has. >> a woman said the statements have been deeply offensive to hard work immigrants hike herself. >> we had a hard time finding any trump supporter in the mission district. >> i don't know...you want to shred it to pieces? >> yes. yes. >> discount city is selling better that expected, up to 30 a day. orders have been put in bliss to stock up. >> he is a laughingstock for the country. politics are

let's get to janet oh with the latest. >> reporter: alameda police are out canvassing neighborhoods and going door to door trying to gather as much as information thaz they can. this is in top of increasing proe patrols to try to catch the serulase serulate burglar. this man seen in this video image is said to be responsible for six different break ins in alameda in the past two months. the cameras caught the suspect as he tried to force his way into a room at the roadway inn motel in june. >> obviously, no place is completely safe. people have to be very, very careful. >> reporter: the suspect is said to be around 18 years or older, about 150 pounds with curly hair on top. and short sides. police say in all cases, the burglar is making his way in through unlocked windows. the most recent break in happened on sunday. the suspect entered a bedroom and sexually assaulted a teen while she was sleep. >> on each of the cases we're taking evidence from the cases, whether it be fingerprints, witness, physical evidence, and we're processing all that evidence. >> reporter: residents have been to

janet o joins us with the details. >> netflix has become the most generous company in the bay area and, perhaps, in the entire country allowing new parents to take a year off. >> netflix is changing the landscape for working parents. the video streaming company based in los gatos announced to the 2,000 employees they can take as much time as they want during the first year after a child's pith or adoption. with pay. parenting advocates applaud the move. >> the first year of a baby's life is critical for bonding and brain development. we know that babies who have strong attachments to their parents are more healthy and have higher iqs to having as much time as you need to bond with your baby is really important. >> this is how other technical giants compare to netflix. google office five months paid leave for moms and a month and a half for dads. facebook offers parents four months paid leave. at yahoo million gets four months paid leave and dad half that time. this is on top of employees who also are eligible for free baby bash. cal care is the top reason an employee will leave in the

melissa: stock market volatility is putting the pressure on janet yellen and the federal reserve. is a september rate hike off the table? the debate, charlie gasparino sass, not so fast. it is too early for any talk of delay. but harry dent, author of the great crash ahead, very optimistic title there, says a rate hike this year is not happening. charlie gasparino, make your case. >> well, you know, i'm not exactly saying it is not happening. i'm saying it should happen. i will tell you this. once again this is market addicted to heroin of cheap money. think about how absurd it is. we're all sitting here talking about buying stocks, doing this, i hear all the great analysts get involved in the market, look for this stock, that stock. only thing telling them to do this as opposed to what they said yesterday the fact that bill dudley came out said, maybe we shouldn't raise rates this year. think about, we're not even talking about raising rates to 1% on fed funds. we're talking about 25, possible basis-point move on fed funds rate. shows you this is sick, as i said it before, perver

janet, that was the hottest ticket in town. i'm sure it was fun. >> it was. it was a pretty amazing show. it was a tough assignment, but somebody had to do it. i have to say my voice is hoarse from all of the yelling and screaming next to the tweens. it was a good night of family fun. you can see the fans leaving the stadium who are just as excited now as when they first got here. >> yes, it so excited. i have been dying for this day. >> it is a dream come true for taylor swift fans. >> i am shaking right now. i am like, i can't wait. >> more than 50,000 fans pack levi stadium for this moment. taylor swift performing songs from the album "1989" the year she was born. it brought together fans of all ages. >> taylor swift is so cute and entertainment and wholesome. it is refreshing. >> she's the best. >> reporter: swift fans say you can't help but love her. >> it says pizza has my back. she will keep me straight. >> i love how she puts it out there and doesn't care what the haters say. she is a great role model. >> all the more reason this dad says he doesn't m