liz: yeah. some of us going backward in heels. let's bring in the floor show, ubs managing director jason katz and lonski group with president john lonski. jason, do we sit here and watch kind of mealy-mouthed trading, straddling the flat line here and there until the federal reserve's big announcement next wednesday? basically. we flew dangerously close to the sun, and we avoided getting incinerated. we had a jobs number that had a little bit for everybody. now we're in this vacuum with respect to earnings and economic numbers, so where is the market going to really trade? i do think there's a growing consensus that this hard landing may not be a foregone conclusion, and as a result, investors are waiting idly but staying invested. liz: i mean, here we are, john, it's june, and this much-ballyhooed and expected recession not yet here, although some would argue that they're feeling certain pockets of it. but where do you see the opportunity especially when you see the volatility index looking so

thanks, liz. liz: all right. if tech has outshined retail and just about everything else the past couple of months, nvidia has blinded just about all of tech with its very shiny performance. shares up 170% year to candidate. as investors -- year to date. as investors pile into the stock, where is nvidia putting its money? these little guys. next, ceo of the company that's nabbed nvidia's investment funds is now expanding its sidewalk delivery robot service with a big partnership announcement. we're about to show you how they're delivering real food courtesy of artificial intelligence. closing bell, 48 minutes away. we are consistently making new highs here. dow is up 2 the 48 points -- 24 the -- 248 points, nasdaq up 201. we are coming right back. ♪ ♪ starting a new chapter can be the most thrilling thing in the world. there's an abundance of reasons to get started. how far we take an idea is a question of willpower. because progress... is a matter of character. new projects means new project managers. you need t

liz: okay. when you're onboard, i want to remind our viewers keith was the guy who, i don't know, i think it was last summer when some of these names were hitting 52-week lows, you were piling into apple, you were steady, constantly picking up shares of nvidia. have you sold my of -- any of hose? i know you like microsoft. those are hitting 52-week highs right now. >> well, i tell you what, you're very kind for remembering that, thank you. this is a tough business. st the always nice to hit one out of the park or even a couple. no, i haven't sold a single share except for nvidia, i've taken a little bit off the top and redeployed into apple. i brought some abve, other large caps because i think this market wants to run, and i want to be ahead of that. liz: yeah. you're not even breaking a sweat, still going there. lindsey, which sectors do you think have real opportunity here? i was coarsing through all of my sector stocks, and i looked at hospitals. they're moving higher. airlines, big financia

liz: wow.a great story, and we love that you're hiring and snapping up all of those tech unemployed out there in silicon valley. thank you, scott. we'd love to see you again we appreciate it. >> thank you, liz. have a great day. liz: we used to run polaris, and those are cnh vehicles behind him. scott, thank you very much. cnh has been a favorite stock play of billionaire mario gabelli, so for a while now, he's loved it. you've got to stay tuned. coming up, mario is joining us in just about 10 minutes with his newest picks, plays, and where he see the markets going from here. all right, from the farm to the table. olive garden's parent company da rden restaurants dip ping after earnings. what's eating into their profits we'll get you that story next plus the silicon valley showdown that's getting personal and physical could come to a head in the vegas octagon? come on now. that's ahead in pop stocks. closing bell 35 minutes away the dow down 24 points the s&p holding on the gains of nine and th

liz: okay.you're not buying into the big tech names like apple, alphabet and microsoft, then what are you looking at? >> well, let's take a look at the complete opposite end of the spectrum. so these tech names that have, you know, massive valuations and are not all that capital-intensive, the other end of the spectrum, something that has a low valuation and is capital-intensive. how about at&t? trades at of 6 or 7 times earnings, has a 14% free cash flow yield at a i'm when, actually, free cash flow's about to start moving higher. so you're looking at valuations -- trough valuations when you're not looking at a trough outlook for these companies. nvidia, what sort of capital do they have to kick off over the next decade, it's very, very high. expectations are very high for these names. a lot of names -- liz: oh, i can hear the eurozoning when you said at&t, and here's why. if you stretch out the chart or, let me push you on this. right now shares are at about $15.70 or something like that. yep.

liz: here it is.ries the big fist pump, everybody is excited and here comes the real point. you know you can't look at the daily stocks can you? >> i even said that to the team last night. we're not going to be defined by the ups and downs during the daily stock price trading. we're going to be defined by what we do over the next 10 years and that's what the we have done the last 12 years is keep our heads down focus on our mission to bring heart health and humanity to food and serve the grade cuisine. liz: there are people watching not in one of the 24 states where there are not cava restaurants. what do you describe yourself as in a word so that they understand why this has become so popular? >> we say yeah, mediterranean cuisine is the unique where taste and health unite without compromise. you can have this hi-definition satisfying flavorful food and eat healthful food at the same time. you don't need a snack or an app when you eat cava. liz: i'm glad you didn't practice that. >> [laughter] >> our

right, liz? liz: absolutely. and this is one of those edge of your seats, final hours of trade because we are awaiting comments from special counsel jack smith on president trump's indictment on 37 criminal charges related to the alleged willful retension of secret national defense information and corruptly concealing classified government can documents. you see right there the podium. as soon as we hear from the government officials who are expected to outline some of these charges, our own arleigh webster -- who is -- ashley webster, will update us on what exactly is happening. we are keeping a close eye on the market reaction. the dow jones industrials is have crossed the unchanged line multiple times, up 55 points right now. the s&p, whiched yesterday in this hour finally said good-bye to its longest bear market since 1948, is moving up about 10 points. thed broader or index is on pace for its fourth weekly gain. the nasdaq up 50 points, kind of looking like its usual bouncy self-after yesterday's 1% gain. it

liz: got it.hank you so much ashley webster let's bring former special assistant to president trump mark louder, former doj attorney hans. let's dig into this. word is the trump team will challenge this case brought on violations of the espionage act. he's saying this is selective prosecution, politically motivated. this is a civil records case should have been settled out of court as a civil action. what specific information exactly did trump have in these classified documents that could injure the u.s. or advance a foreign nation? do we know? we're hearing u.s. nuclear secrets, defense of weapons capabilities of u.s. and foreign allies so what do you make of that? if he's convicted on the espionage act they have to prove that be damaging. >> we don't know the details, because while there are general descriptions of the information, there's nothing really specific that gives us this , and look, the selective prosecution angle is something his defense lawyers should bring up. for example, there's

liz: okay. let's watch this cnn analyst and also see joe rogan weighing in watch this. >> this has been pending according to our reporting at cnn since 2018. five years and this , by the way , this investigation is not the laptop. this investigation is a tax issue. did hunter biden declare his income, and sort of obscure gun law, did he possess a gun while addicted to drugs which you aren't allowed to do under federal law and this spans the trump administration and the biden administration. someone has got to make a call on this kay. i don't know what's going on but it's beyond anything i've seen before. >> all the stuff with his son and the ties to ukraine and china and the money, the family, they got paid millions of dollars and everyone is trying to obscure because it's better than trump, better than trump. if that guy was a republican they be up him to the microscope i mean, it's wild stuff, man. the media is overwhelmingly left -leaning and if you have a left-leaning politician or left -win

>> not yet, liz. but i think it's a joke that powell implied his talk rather than his walk, that we're going to see two more rate hikes this year. we are not going to see that. the market will not believe him by the time we get around to the july. and the fact that they've also said out of the the same mouth that they're going to these, that the dot plots predict a 100 basis point reduction in 2024? in other words, heir going to hike twice right now -- they're going to hike twice right now and six months later cut by 100 basis points? that's nuts. that's exactly what the market does not need. so i agree with the previous two gentlemen, we should be, in fact, focused more on this pause extend thing rather than seeing two more hikes this year. i don't think they've got the guts to do it. liz: kenny, you before the announcement, you sent me ab e-mail and you said it's time for the contra trade meaning contrarian. and the markets had been looking really good. in fact, yesterday we asked the question, is i

liz: okay.ead between the 2-year and the 10-year treasury yields right now is close to the widest gap it has seen in 41 years. the yield curve inversion at the moment now stands at 86 basis points. it's been with inverted since june of last year. every time this has happened over the past four years -- 40 years, rather, let's make it 50, more than 50 years, it has flashed the signal that a recession is around the corner. some market experts blame the aggressive federal reserve rate hikes, anded today, of course, the fed kicked off its 2-day policy meeting. they've implemented rate hikes at every meeting over the past 11 -- 10 times. now, since last march to quell inflation. by this time tomorrow, we'll know if the fed has paused this time or hiked for the # 11th time in a row. markets right now, well, they're definitely producing in a 95% chance of a halt to the hikes, a pause. but the man who pioneered using the yield curve as a recession indicator tool says a fed pause tomorrow might be too li

that's my message today, liz. liz: that fabulous zoom presentation. charles: [laughter] liz: riveting. i was hanging on the edge of my couch. just waiting for that. charles: [laughter] liz: thank you, charles, very much. folks we've got this fox market alert. goldman sachs has sent up a warning flare about stocks and the bulls are scattering. we've got the dow jones industrials down 189 points the s&p lower by 15. the nasdaq pulling back by 20 points. russel 2000 down just under nine points. let's call it two warning flares the first is macro. goldman's team now says its u.s. equity september sentiment indicator is in stretch territory for the first time since april of 2021. makes sense, all the major indices ended friday very close to 2023 highs. the s&p clocked its fifth winning streak in a row. the nasdaq its eighth in a row. if you just look at apple for example, which is a dow, s&p and nasdaq component, folks? at this price, $185 and change apple is just about $5 away within striking distance of hitting 190 a share and change and that would give

right, or liz? liz: well, yeah. and apparently a whole bunch of midtown offices are letting workers go earlier, there is serious uber pricing at the moment. we're getting all kinds of reports as people try and leave the city. fox market alert, we do have the markets mix at this hour, dow jones industrials in the green by 107 points, s&p down 10 points and we've got the nasdaq down 133. we are going to begin with that breaking news. we're keeping an eye on airline stocks because the fc concern faa has just lifted the ground stop at laguardia airport in queens which was put into play at around is p.m. eastern -- 1 p.m. eastern time due to the smoke from the canadian wildfires that is choking the entire city. and dramatically cutting pilot visible. you are looking at a live picture of the empire state building in midtown, manhattan, where an eerie yellow haze of smoke is enve hoping the entire city. the smell of burning wood drifting across the entire city. on your left, that's the new york city skyline, a shot taken f

i hand it over to you, liz. liz: oh, my god. you have to watch "who we have" coming up in just a few minutes charles. we have the 14-year-old kid kair an quazi, california born actually graduated college at age 14 just got hired by elon musk's spacex. charles: love it. love it. liz: first national broadcast interview, kairan is amazing. i did a zoom with him last night you've got to hear how trapped he felt by elementary school because he was so forward thinking. he's an incredible kid. i hope evidence stays to watch. thank you, charles. well the dow is fight together go green, just barely up about 2 points the broader market looking at the third day of selling in a row but as we kickoff the final hour of trade if you want to point to one area of the market showing the most pronounced reaction, the federal reserve chair jay powell's testimony earlier today on the hill before congress, it's of all things bitcoin. the crypto of record, rallying 7 % right now to above 30,000. 30, 107 per bitcoin, after powell speaking before the ho

liz: fantastic we love that.congresswoman kat cammack here as well as john carner. dagen: john levine on our all-star panel and matt welicki to talk about why are they slaughtering our potentially hundreds of thousands of cows in ireland to fight climate change? you can't make it up. at the top of the hour. to balance risk and reward. with one element securing portfolios, time after time. gold. agile and liquid. a proven protector. an ever-evolving enabler of bold decisions. an asset more relevant than ever before. gold. your strategic advantage. what are folks 60 and older up to these days? getting inspired! volunteering! playing pickleba...! somebody would ask her something and she would just walk right past them, (laughs). she didn't know they were talking to her. i just could not hear. i was hesitant to get the hearing aids because of my short hair. but nobody even sees them. our nearly invisible hearing aids are just one reason we've been the brand leader for over 75 years. when i finally could hear for the

liz? liz: chad pergram, thank you so much. great reporting there. joining us now, house judiciary jeff van drew and former doj attorney. gentlemen, let's start with the sound from today. you're going to see the president dismiss the allegation, asking where's the money, but congresswoman marjorie taylor greene says that's the point. they buried the cash drops from overseas in dozens of shell companies. watch this. >> prior to the allegation and the evidence and the fbi sold out the country. do you have a response to republicans? >> where's the money? i'm joking. >> mr. president? >> that's a bunch of mallarky. >> back in 2016 barisma was looking to buy a u.s.-based oil & gas company and this came from being advised by hunter biden and his partners. they hired hunter on the board to make the problems go away. that's what they specifically said. hunter advised that they could raise more money if they bought a u.s. company, so the informant was trying to do the right thing and trying to advice burisma that they shouldn't go this route. the owner of bur

right, liz? liz: the dads have to slave over the hot grill while moms are like i'm getting a facial. everybody leave me alone. happy father's day to you, charles. charles: thank you very much. appreciate it. liz: thanks, charles. stocks getting back all the earlier gains and tripling since friday and delayed reaction since christopher waller's comments and made six hours ago that inflation this time around is one tough cookie and still has its claws in the economy. the fight against it must continue because waller says it's not coming down like he thought it would. this afternoon's losses with the dow down 43 points and s and, up 8 and nasdaq down 67 and russell 2,000 down 18. aside what a week it has been. roll that beautiful bull footage and the dow is off the highs of the year. right now we have the blue chips right there looking very, very healthy. now the s&p, flip it over to that, june 8 you may remember exited the longest bull market since 1948 and following suit. we've got 59 minutes left

liz: closure. a 65% containment they are busy shoring up containment lines and putting out hotspots. no buildings have been or destroyed. season. preventative efforts spotlighting the importance that residents have in doing their part. >> fire districts or fire departments can do everything within their means, and their power, but the reality is that we cannot be successful if we do not have the collaboration and partnership with the individual citizen. the individual citizens and all communities respectfully doing their part. liz: residents can stop wildfires by keeping their weeds and grass cut. edward ackerman on several felony charges. he lives in the area where the fire started. it consumed acres and destroyed 127 homes along with 60 other structures. there were air-quality advisories for the area last july. an event celebrating pride month was met with protests outside a petaluma library where demonstrators pushed back against a drag story our event that they do not believe is appropriate for

liz: liz kreutz, abc 7 news. north carolina's fort bragg has a new name.ng ceremony yesterday morning. the decision as part of an initiative to rename nine bases that carry the names of confederate soldiers. for liberty -- fort the name of braxton bragg. he received scrutiny on poor performance and hot temper. the base's new name comes from goldstar mother patty elliott. >> the legacy that they built. it is also the thousands yet to come. with a name like liberty you are honoring all of them. liz: to commission rep says the name change will cost $6 million. still to come, a terrifying scene in india after a train flips over, killing nearly 300 people. demanding a stop to sexual harassment. how part's -- bart's trying t know your glucose level and where it's headed. no fingersticks needed. manage your diabetes with more confidence. freestyle libre 2. try it for free at freestylelibre.us >> building a better bay area, moving forward, finding solutions. this is abc 7 news. >> if we had children dying at the rate of gun violence related to cancer or some type

liz: okay. alan, you and i were talking about the volatility index, expect first thing you said was this is not pricing in how much higher it will go, and here you have a big bet on the floor of the cbo at this hour that the vix is going to go 10 points higher. so what is the trade are there? >> we think the trade is the market really hasn't priced in the true reality is of the -- reality of the decelerating economy, so all these folks are trying to get onor board now before ten of the quarter mismatch with regard the their portfolios, but the reality is the vol is going to come once we see more liquidity -- liz: don't you get ahead of that? and how? >> in terms of derisking the portfolio and starting to say, look, as we get out over the next come of months, let's make sure in terms of where we are with both our equity and fixed income portfolios, that we don't get out over our skis. and i think that's where some people may be missing it today. liz: wall street climbs the wall of worry, so you d

think about it, liz.know who have a family member or somebody who wants to come into this country legally and they can't get in this country, but we have all these people who are coming in illegally. this is a solomonnable problem as rfk jr. said it just takes the will to do it. liz: but they are throwing a lot of money at this. i want your reaction to what the white house press secretary says about the amount of money going to the u.s. cities to deal with the border crisis this biden white house worsened and created. watch this. >> the cities like new york city, like chicago and others who are dealing with this issue and we've had conversations with them. we are in touch with them. as you know, there is more than $200 million in funding that has gone to these interior cities. a majority of that has gone to new york city. liz: carol, $200 million, she said. >> it's just another place that the u.s. is leaking cash from. we're giving it to deal with illegal immigrants. we're giving it to other countries. wh

liz: thank you for joining us oni saturday, june 3. am liz kreutz, here with frances. frances: temperatures pool check out this live shot from sutro, looking at the sunrise. most temperatures, low 50's, bright sunshine this afternoon for everyone except at the beaches where we will see lingering clouds, but it will be warm i inlandn the mid-80's. at the beaches, pretty much upper 50's to low 60's almost all week long. sunset at ohtani 710 tonight, definitely sticking around a lot longer -- sunset at 7:10 tonight. definitely sticking around a lot longer. much cooler weather next weekend. i will tell you with the accuweather day forecast coming up. liz: notable cars were badly damaged in a fiery crash that happened in danville last night. one car flipped over in front of a starbucks as a fireman hoses it down and another car's front bumper is gone. a witness who did not want to be on camera tells us when he drove i, he saw flames as officers pulled people out of the vehicle. >> we saw a big fire outside of starbucks, four police cars and we were wondering what was going

liz: right.o that point, especially about doctors, i heard there's also some concern about ob/gyn doctors not wanting to now work in certain states. could this lead to a shortage of women's health doctors in some areas? in some states? >> physicians i've spoken with have talked about an interest potentially moving to a state where they can offer the standard of care where their hands are not tied by these laws. other ones are really committed to the place they are currently located in and don't want to leave behind that community. they've also said they would discourage other doctors from coming and practicing in the community. i think we may not see an immediate large-scale effect but i think we will probably see sort of a domino effect or an indirect over time impact of what it means for these laws to sort of take what is ultimately a gray area which is medicine and try to turn it into black-and-white, which is what the law does. liz: right. a lot has changed in one year. do you expect many cha

liz peek. we have new developments in the fbi document controversy alleging then vice president biden took a prescribe in ukraine. house oversight members got to read that other fbi document. the withering fact check claiming an economic win. president biden reversing trump's policies. the white house scrambles, mounting outrage over china's new spy station in cuba. i'm elizabeth mcdonald. "the evening edit" starts now. welcome to the show. we are going to dig into former president trump's indictment. gop contender will make a swing to georgia. ashley webster live at mar-a-lago with the latest details. >> we started the day thinking we knew what was inside the indictment. now we do. perhaps a bit of a surprise the indictment was unsealed earlier today. let's get a look at what the counts mean with regard to consequences. counts 1-31, the willful retention of national defense information. a maximum fine of $250,000. obstruction of justice, 20 years. maximum fine a quarter million dollars. concea

liz: thank you. lanes have reopened on westbound i 80 after a fiery crash involving a tanker truck in rodeo just after midnight before the willow avenue exit. the damaged tanker spilled diesel towards two cars and traffic. a person was freed from one car and crews quickly put out the flames. >> it is amazing people escaped both crashes relatively unharmed. we had one moderate injury being transported currently. there were no fatalities at this time. liz: lanes were closed for over two hours. the gas tanker spilled across the right lanes of the freeway. they were able to gradually assess the damage, mitigate, and reopen traffic. alexis gabe's family held a memorial saturday night giving the public one last chance to say goodbye. the family had been waiting until all of her remains were located. ryan curry spoke with her family who sends the service was not only about reflecting but moving forward -- says the service was not only about flipping but moving forward. reporter: months of sorrow grief is kn

liz: would steve just said what you think liz. liz: well i think it's right in there were some warning signs in this and obviously the job losses and people being fired and i think they were up 15 percent year-over-year and i think the job market is that an infection point and i think the job editions when they come down from this disparity between household and establishment, somebody should be paying attention to this and i assume the fed is that when you see that the average hourly earnings are not increasing as fast as they were, the suggest the market is not really as tight as a numbers would suggest liz. liz: and yes oh inflation searching through those wage gains is up like six - 7 percent loss wage gains out of this white house and you know, see from even democrats are going really concerned just about to show will will show the viewer, new angles the president of biden, following yesterday's air force ceremony and the president coming can see here yes we told come over to go and he looks lost employees of the gaps that he

liz? liz: madison alworth, thank you so much. look whose here.ws contributor tammy bruce. tammy? that's quite a plan. especially -- >> is it a plan? liz: yeah, what do you think? >> i just looked at this number as of january 8 this year, there is 67, 880 homeless children and adults who are not illegal alien s or migrants on the streets of new york city. now, they're in shelters, these larger shelters. they aren't in hotels, right? they aren't going into somebody 's condo, that the city is going to pay for. what happened to these people? so this is, the argument is there seems to be not only points about the notion of, you know, what already new yorkers can't pay for their apartments, but then for those who even like scoot by, this inevitably is going to make prices rise because the city is not going to pay a low price, right? they are going to pay probably higher, and that's what they are going to pay the higher prices, giving americans, new yorkers the money. the fact of the matter is that that then changes the marketplace itself and there's al

although different for liz claman. right, liz? liz: [laughter] yeah, took a lifetime to be an overnight success. he was not overzealous. he did exactly what he was supposed to do. charles: yeah, yeah, i mean, i gotcha. listen, i probably give him a raise, but that was a crazy scene. liz: it's insane. thank you, very much, charles. we begin with breaking news. you guys, the s&p is on track to close above 4,300 for the first time since august of last year. we've got 59 minutes left to trade. the bulls are rounding the bend at the final mile and right now have pushed the s&p. we're looking at 27 points above the 4,300 mark, but perhaps the analogy should be sailing versus running because it's the cruise lines helping the broader index speed toward the target. look at the three big ones carnival, norwegian and royal caribbean all hitting 52-week highs and with 13% leap carnival is topping the s&p 500 leader board. norwegian is not far behind up 7.8% as it climbs as you see we've got royal caribbean up 2.25%. so, why the cruise lines?

liz: phillip, stand by.e're bringing in an analyst at asimko, he's considered by fortune to be the ultimate apple analyst. horace, give me your gut reaction and thoughts to this new vision pro which, by the way, everybody thought it was going to be called the reality pro. not the name. vision pro, $3,499. >> absolutely amazing product. i stood just watching it live here with about 500 other developers, and there was a palpable sense of excitement and electricity in the crowd as we saw the feature reveal, especially eyesight. that was really a surprise for a lot of people. there were rumors, but nobody really believed they could pull it off. the vision name is brilliant, the price is a little bit high. that was a bit of a shock, i think. but, again, the audience is developers right now, there's 30 million in the world developing for apple, so i think plenty of those are going to buy this product right off the bat. liz: okay. the developers, let's talk about them. you know, we're waiting to see -- now, apparen

liz: time for the 4 4. we have spencer entering a summer intern is making him by ensuring she has been commuting by plane to her internship. the 20 when he owed south rolina native takes the two hour flit from her home in charleston to new jersey once a week. that is how often her employer requires her to be the office. the intern says it is cheaper to fly back and forth and pay to rent a place in new jersey. dan: that makes sense. liz: she only has to be there when they are weak, so in that sense you get it. if she had to be there four days a week -- dan: that would be a little different. liz: for her it works out rather than paying $3000, $4000 to live in new york, and now some of these airlines are offering unlimited summer travel for $500. i think it was frontier airlines, so you could do something like that. in this case, it does make sense. dan: and then she is at home cooking. spencer: and getting frequent flyer miles. dan: there may be a social media shotgun in the ring. elon musk and mark zuckerber

liz: thank you. drivers miraculously survived a fiery car crash that involved a gas tanker in rodeo just after midnight. the tanker was damaged spilling diesel fuel towards the two burning cars. fire officials say person was pulled free from one car and they quickly put out the flames. >> it is amazing people escaped both crashes relatively unharmed. we had one moderate injury being transported currently. there were no fatalities at this time. liz: it happened on the westbound 80 freeway causing lane closures for over two hours. the gas tanker spilled across the right lanes of the freeway. they were able to mitigate the leak and reopen traffic. alexis' famil giving the public one last chance to say goodbye. the family had been waiting until all of her remains were located. ryan curry spoke with her family who said the service was not only about reflecting but moving forward. reporter: months of sorrow and grief is now met with closure. the family of alexis ga prepared to lay her to rest as they held

liz: operation overdrive. nancy pelosi requested federal help in fighting the drug crisis in san francisco. good morning. it is june 17. thanks for joining us. we will start with meteorologist shayla girardin. shayla: good morning. a coo 50 and 60's out the door. 50's for most of us. overall, pretty mild. pretty similar to yesterday. we still have the onshore flow. the marine layer sticks around throughout the morning. we have a couple of more hours of this. by late morning, that starts to burn off. we will still see cloud coverage but it will be a nice day. temperatures start to warm warmer than yesterday. we have skies clearing. tomorrow for father's day, a cooldown. we have winds. all that is coming up in your 7-day forecast. back to you. liz: this morning one person is dead after a car crash friday night in oakland just after 7:00 near the intersection of foothill boulevard and vicksburg avenue. witnesses claimed the crash was caused by an illegal street race. it involves an adult pedestrian who was taken

liz: sounds good, shayla. live and on-demand on the abc 7 bay area connected tv app available for apple tv, google tv, and roku. download now and start streaming. we will be right back. liz: here are the winning numbers from last night's $281 million mega millions drawing. the mega number is 19. nobody picked all six numbers and tuesdays drawing is increasing to a 300 million or jackpot. in the south bay, santa clara university's graduation commitment ceremonies being held at stephen stadium. the youngest graduate will walk with his peers at just 14 years old. 14. when judy's duty -- we introduced you to him last week and he will graduate with a degree in computer science and engineering. he has a job lined up and will move to washington to start working as an engineer with spacex. congratulations and very impressive. the alameda county fair has returned to pleasanton. doors opened the fair has all the classics, including food, games, rides, and of course pig races. the concert calendar has performances from e

i'm liz kreutz. let's start with a look at the weather with meteorologist shayla gerard in. >> we have a nice, cool start to the day. this is a zoomed in shot. 50's and 60's for you as you head out the door this morning. as you can see is the bus or in the 50's. santa fe coming in at that 60 degree mark. we are going to see that marine layer through the morning, especially along the coast. we will continue to see those conditions into the afternoon. i this afternoon we are talking a nice day. you're going to see some clearing. sunshine enters the mix. temperatures are going to warm up before we cool down this evening and see that fog return. tomorrow we have a change when it comes to father's day. want to be cooler and breezier. i have that coming up in your seven-day forecast. liz: one person is that after a car crash friday night in oakland. this happened after 7:00 p.m. last night. witnesses claim the crash was caused by an illegal street race. police say the crash involved a pedestrian who was ta

liz: thank you.er the break, to pay or not to pay? that is the question we dive into when it comes to riders paying when taking uni. how is impacting agency dollars. like going hiking, just to hike to the bathroom. reaching for the bar, just to reach for pads. waiting for the sunset, just to wait for the stall. discover gemtesa. a once-a-day pill proven to reduce all 3 key symptoms of oab: leakage episodes, urgency and frequency in adults. do not take if you have a known allergic reaction to gemtesa or its ingredients. tell your doctor right away if you are unable to empty your bladder or if you have a weak urine stream. tell your doctor if you're taking medicines that contain digoxin or if you have liver or kidney problems. side effects may include headache, common cold symptoms, diarrhea, nausea, urinary tract and upper respiratory tract infection. ask your doctor about gemtesa. and see how urovant could help you save. at kaiser permanente, ask your doctor about gemtesa. we care for all those who m

liz: thank you. nine people are recovering after they were struck by gunfire in a shooting in the mission district. all are expected to survive. please tell us the suspect or suspects opened fire just after 9:00 last night during a block party at 24th and treat avenue. when officers arrived, they found multiple victims with gunshot wounds. as of right now, there is no suspect information available. police say the incident appears to be targeted and there is no threat to the public at this time. abc7news spoke to an supervisor ronin. >> i live in the neighborhood. i heard the sirens. and i said, this is quite an outlier. this is generally a safe neighborhood. i was out here with my three-year-old an hour ago. obviously very shook up and concerned for the victims. this is an extreme case. we hope to not see this anymore. liz: one of the victims did undergo surgery last night. eight other victims were treated for non-life-threatening injuries. abc 7 is following this developing story. to stay up-to-date

liz: work.ard. 93-year-old ryan and brad made it their mission to visit all national parks. they accomplish the goal and it their journey with a visit to american samoa national park. their going viral social media as brett documented every visit including all of the fun activities they did along the way. there she goes down there. very cool. what a great relationship they have. next at 6 a.m. lgbtq+ youth. the nonprofit extending a helping hand as they say resources are becoming more limited. but first we hear from the sun of a man that once fell victim to the unabomber. how he is a member or his father despite the hardship he face. -- remembering his father despite the hardship he faced. that's why i take osteo bi-flex every day. it's clinically shown to improve joint comfort in 7 days, and continues to improve over time. kinda like us. osteo bi-flex. because i'm made to move. ♪ when you start a business you put everything into it. hackers know that small business owners are busy. they don't a

liz: very cool.pect to experience at least some effects of climate change when we step out the door. now researchers are trying to find if we are experiencing some unsettling effects on airplanes. reporter: if you have flown at all, chances are you have experienced turbulence. recent studies out of the u.k. are suggesting global climate change could be making those bumps more frequent and possibly more severe. using satellite data, researchers estimated a specific kind of turbulence has increased by 15% in areas along the earth's jet stream. to question now, what is ahead for pilots and passengers? >> i agree the studies are valid but we need to do more experiments to verify. >> he is the department chair for aviation and energy technology at san jose state university. using a tabletop wind tunnel and a heating pad, he gave us a look at what happens when changes in temperature create windshear. >> that means there is some turbulence created in the plane is moving up and down. as the earth is warming

liz: good reporting there. victims expected to be ok after a shooting overnight in the mission district. what we know this morning as we wait to hear more information from authorities. air-quality alerts which states -- alerts. which states are dealing with toxic air as fires continue to burn in canada. oh a bird! cute! wait, what's it... ewww ok, it's not on you, that's a win. but is it on me? what did you eat? is it on my hose? take the win at arco. kayaking is my thing. running is awesome. but her moderate to severe eczema would make her skin so uncomfortable. i was always so itchy especially when i was hot. now my skin doesn't itch as much. now we're staying ahead of her eczema. there's a power inside all of us to live our passion. and dupixent works on the inside to help heal your skin from within. it helps block a key source of inflammation inside the body that can cause eczema. so, they can have clearer skin and less itch. serious allergic reactions can occur that can be severe. tell your doctor about ne

liz: 93 years old.park. , thanks for joining us have a great day and a great week ahead. ♪ i work out whenever i can. but with my moderate- to-severe eczema, it can be tough. my skin was so uncomfortable. the itching was so bad. now, i'm staying ahead of my eczema. there's a power inside all of us to live our passion. and dupixent works on the inside to help heal your skin from within. it helps block a key source of inflammation inside the body that can cause eczema. so adults can have long-lasting clearer skin and fast itch relief. serious allergic reactions can occur that can be severe. tell your doctor about new or worsening eye problems such as eye pain or vision changes including blurred vision, joint aches and pain, or a parasitic infection. don't change or stop asthma medicines without talking to your doctor. healing from within is a powerful thing. ask your eczema specialist how dupixent can help heal your skin from within. >> to the top four teams in the league standings. dallas and new york. w

just like liz. let's talk about warmer weather. today is liz's last day. she asked for warmth. we will warm it up wednesday, into the mid 80's inland. even warmer thursday. we continue with the pattern towards the end of the week. for san francisco's pride pride parade sunday, it is going to be cloudy and cool in the monday. upper 50's, a little bit milder. more sent in the afternoon at 63 degrees. in the evening, you will need a jacket. certainly need the jacket near the coast where the clouds are lingering. tomorrow afternoon, they hang around in the morning and afternoon keeping your temperatures in the 50's. inland highs in the 70's. it will be mild and sunny. the weekend is looking good. you will notice still below average for pride celebrations. we were met up next week. above average for a change. we will be right back after the break. >> we love the parade and all the outfits. what happens when all of that is gone? know that we celebrate pride 365/24/abc7. >> happy pride from all of us here at abc7 news. >> happy pride. >> wishing you a happy pride. >> happy pride. ♪ it

liz: in novato, liz kreutz abc7 news. ama: officials are considering a proposal to open the city's largest safe rv housing site in san jose, located near the san jose fleet market. abc reporter zach fuentes has a closer look. zach: it is tough to see from street level but this land of more than six acres could become the site of the largest rv program supportive parking program. >> getting folks moved to permanent options, we wanted to do this. zach: the deputy city manager says there are around 400 people living in rvs in san jose. the program side can hold up to 85 rvs, and allow cars and vehicles that belong to those living in the rvs. the site has a waste company and recycling center on either side of it. across the street is a construction company. >> we have folks from nearby support what is coming and what we're planning to do. zach: in a statement, the san jose mayor said, safe parking sites like the one we are pursuing will enable us to relocate on street rvs to a dedicated side with services that help folks grad

>> reporter: hi, liz. it's a very nuanced fight between the fbi and congressman comer and senator chuck grassley. congressman comer's office, chairman of the house oversight committee, says that he will go to the fbi headquarters on monday of next week and view this 1023 document. fbi director christopher wray is holding firm saying you can see this document, but you have the view it at fbi headquarters many a secure location because there are some sensitivities on document relating to sourcing that the fbi does not want out there in person. however, chairman comer and senator grassley say that offer is not good enough. they physically want the original document in their hands. it's a 1023 it's used when someone comes to the an agent and wants to make an allegation or give a tip. that tip may prove to be true, it may not. this specific document allegedly containses a claim that then-vp biden accepted a bribe for a policy decision. senator chuck grassley says he's seen a copy already but is still pressing f

i'm on team liz now. i mean, i don't know who james is but i'm on team liz. i'm very glad that you like it. and i hope that you come back and get married here. announcer: destination i do is sponsored in part by riviera maya. where paradise is forever. plan your trip now at rivieramaya.com narrator: soon to be wed couple, james and christina, have different ideas of where they want to get married. the easiest choice is definitely riviera maya. riviera maya was gorgeous and it was awesome. i just feel like for our family and our friends, a better choice is gonna be cancun. narrator: and with their big day looming-- it's crunch time. we really need to make a decision. i know. they're both awesome. whatever the decision is-- we're gonna have one amazing wedding day and the beginning to an amazing chapter. so-- cheers to that. i love you. narrator: so will it be cancun or riviera maya? [music playing] i'm telling you, i messed it up. definitely a little nervous. a little excited. i wanna hurry up and see her. i can't wait to kiss her. the anticipation leading up

now liz truss— country as a whole. now liz truss mev— country as a whole.umn . it was the back to last autumn. it was the mtnt—tudget— back to last autumn. it was the mini—budget, wasn't it? kwasi tverteng— mini—budget, wasn't it? kwasi vveneng .— mini—budget, wasn't it? kwasi vveneng . ot— mini—budget, wasn't it? kwasi kwarteng , of course, as kwarteng, of course, as chancellor— kwarteng, of course, as chancellor of- kwarteng, of course, as chancellor of the exchequer , liz chancellor of the exchequer, liz truss— chancellor of the exchequer, liz truss tne — chancellor of the exchequer, liz truss, the new— chancellor of the exchequer, liz truss, the new prime minister, end— truss, the new prime minister, end tnev— truss, the new prime minister, and they dared— truss, the new prime minister, and they dared .— truss, the new prime minister, and they dared . they dared. they and they dared. they dared. they vented— and they dared. they dared. they vented to— and they dared. they dared. they wanted to reduce— and they dared. they dared. they wanted to reduce th

joining me right here post 9 liz young, bryn talkington, steve weis weiss. the nasdaq is the big winner the s&p's best first half. we have a lot to work with inflation continues to fall. i'm so glad that we have lebed and weiss on together because your views -- >> that's one of us, by the way. >> -- are so opposed i'm going to give the ball to jim first. not that your positioning was so perfect but your call has been good now what >> so i'm sticking with the call steve has a different opinion but it's not like he's an idiot. it's not there's rationality to the thesis of 500 basis points of rate hikes should have a dramatic effect. there's rationality to the idea that the yield curve is a predictor. however, there are other perspectives and my perspective, scott and viewers, has always come from the point of view of what the companies are saying. it doesn't mean they're always right. companies pretty much across the board are saying things look good maybe not so much in retail. think about what the airlines are saying, casinos, steel companies. the companies

liz trwee ent— yet at the time of and yet liz truss and kwasi— yet at the time of and yet liz trussyears ago when interest low. interest rates were ultra low. they're interest they're now facing interest rates of five, 6% and more, a massive increase. young family with a mortgage, with kids, with child care costs. i don't want to spread alarm, but this is we have to start thinking and talking about this. i'm afraid we're talking about this. i'm afraid gotng— talking about this. i'm afraid gotng to— talking about this. i'm afraid we're going to be— talking about this. i'm afraid we're going to be back- t; i'm afraid we're going to be back to house repossessions and— we're going to be back to house repossessions and many wnnteeeent— repossessions and many unpleasant things and the etteettve— unpleasant things and the effective - of - unpleasant things and the effective of living in a effective cost of living in a nowee— effective cost of living in a house now with— effective cost of living in a house now with a mortgage property— house now with a mortgage property-mav- house now with

but we saw, after the mini budget from liz truss's i the mini budget from liz truss's government. _ the is market turmoil we saw that _ government, when there is market turmoil we saw that banks - government, when there is market turmoil we saw that banks brought down _ turmoil we saw that banks brought down rates — turmoil we saw that banks brought down rates as _ turmoil we saw that banks brought down rates as quickly— turmoil we saw that banks brought down rates as quickly as _ turmoil we saw that banks brought down rates as quickly as they- turmoil we saw that banks brought| down rates as quickly as they could and it's_ down rates as quickly as they could and it's important— down rates as quickly as they could and it's important to _ down rates as quickly as they could and it's important to note - down rates as quickly as they could and it's important to note that i down rates as quickly as they could and it's important to note that thisl and it's important to note that this time the _ and it's important to note that this time the banks, _ and it's important to note that this time t

liz truss made several _ that liz truss was right?ions. she attacked the bank of england, she attacked the bank of england, she attacked the obr and she undermined the credibility of these institutions. had we had liz truss policies combined with what is going on to inflation, mortgage rates would already be 8%, knocked 6%. tom; already be 8%, knocked 6%. tony yates, already be 8%, knocked 6%. tony yates. has _ already be 8%, knocked 6%. tony yates, has the _ already be 8%, knocked 6%. tony yates, has the bank _ already be 8%, knocked 6%. tony yates, has the bank of _ already be 8%, knocked 6%. tony yates, has the bank of england actually failed throughout this? they didn�*t think inflation was going to be so high and the bank of england didn�*t think inflation was going to be so stubborn? what england didn't think inflation was going to be so stubborn? what has hat-ened going to be so stubborn? what has happened to _ going to be so stubborn? what has happened to inflation _ going to be so stubborn? what has happened to inflation has

maria: liz peek, jump in.ink a lot of republicans are frustrated that they are not doing anything about this border situation. is there anything that can be done, can the power of the purse be used to withhold funds, for example, going to blue cities that are asking for help? i mean, what is the solution here? >> chad: well, i think there's a couple of things that the house has done. they passed hr2 which is a border security act and they did 3 or 4 weeks ago. that's an important piece of legislation that's now in the senate. we will see where it goes in the senate. you're exactly right. appropriation season is upon us and they are going to be looking at the department of homeland security budget and my guess is they are going to be cutting, they are going to be reducing programs and putting strings on that money going in as well. i think the third piece is important, oversight. i testified last week, i'm testifying again tomorrow in the house of representatives talking about the crisis, talking about a differ