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look look look look look look look look the lead look look look look look look look look the leg look. look. look look look look. see. above eleven. slow. play the flute. i don't currently. she. wants to sleep. sleep sleep lulu clue split sleep the bulimia lightly. let her. know that. i try to. please please. please. please please please please please please please please please claypool all. please. please. let me. sleep. right. close. to. close to please. please. please please please please please please please please honestly cool off. please. pull. the slip. into play the fool let's. look at the book. please. close. the flood cliche let's get. this. it's a. pretty. cool listen to. this letter long letter. sutler the ball up please look at. the for. the for sleep. lists. the books. to. slow. the ball off. lot slower look look look look look. look look slow down let's. slow slow slow slow slow. pluck the book was. looking. bleak. let's see the berlin the be. looking at. the book the be. the best so. ok. q. through a. similar. claim let me. sing for the louvre. museum in. los. angele

in looking at your budget. but in the first slide that you showed -- that you showed last week in regards to what you would do with 250 additional officers over the next four years, again i don't know if these are the right thing or the wrong thing and it certainly would have been helpful if we had, again, going back to the task force, to have a more thorough discussion and say yeah, these are right. so, i have -- i don't have that to go on. and -- and for us to absorb what a task force could have done in the one-hour meeting is very difficult. my comments now, i want to driflts away from that. i think we're enough on the timeliness of the task force enough and would have helped me in a little more informed whether this is correct or not. for the moment, let's just assume that the 250 that's indicated here out of four years is what we need in terms of officers to these type of functions. then -- then the discussion becomes -- and you -- and in the budget it presents a way to get with the 250 additional. that in

tim: when we look at it, we are not looking at individual cases.g at more broad issues. in the cba case, it was not the money laundering issue itself. it was therudential inquiry report into the framework. those are the aspects we are looking into. we think it is too early, given some of the evidence based on what has come out of the royal commission, but we will look into that royal commission report in september to see if there are indications of systemic filings. haidi: how much of the systemic failures are coming from mortgage and the? tim: that is as an area where we have seen a lot of typing recently. the regulators themselves, if you go back for five years, they would admit there were certain areas banks had less conservative in the pursuit of competition or growth. but more recently have seen that tighten up. so i think it is probably further tightening to come, but at the moment it is not an area that we think has got systemic problems. angie: good timing with you on the air. we have breaking news. commonwealth bank is said to be paying $7

specifically looking at july and the trade i was looking at was the 14.16 call spread.ng earlier today you can see 75 cents with the call that means we get a three to one risk/reward relationship we can make a maximum here of 3/4 of the spread length because the options are expensive, we're improving the probably of profit when we do this because the stock was pretty close to $14 when i was looking earlier today. it may have ticked above it. that means we have a very high probably that it's going to get above $14. the probably it gets up to $15, which is close to where the break even would be if we didn't do the spread is merely 61%. we're improving significantly. and selling that 16-strike isn't a bad do why? there's only one chance in three it's going to get that high or higher by july expiration. a way you can risk 50 cents to make, you know, potentially as much as $2 not take the $2 worth of downside risk and the chances go down i point out since the company was probably traded in announced earnings, we've had one good result out of the five they've announced. the o

look look look look look look look look must look. look look look look a little bit of a hundred bucks just to look at things you talked. about on your put up a little bit of the not having the course don't. own the euro although. that's not so good are just like that all clear at. least it. was. then and i can join don't care there are no cars hangup on that of course and all came out i was so similar read those rankings don't don't do as it is ok to be then and i consider them to can and can do is make us all we don't shun them it does show a pattern also in that other equal or did you enjoy it also means what you could just make up going on in condone was guess what though we don't. think of you are bad at all so what do you mean as his. uncle does is to face a telephone call. who knows all. ok. don your social feeling that i saw it all. so counting down hung up. on me pretty soon now you were saying or what intel mentioned. without welcome a ticket causing. it or in your do not id. order go die make all the men that jessica to tak

look look look. at. the. moment if you like a. good look at the slums. look look look. lead. others who want to listen very personal my littlest ones. let me sober a lot of. c.d.'s this is the last saturday i'm going to the moment of them and wish it was so much love and thanks. jennifer you. see them and learn the love of someone's little blue in the land of the believe. the land on the full sun we don't believe it would go. so formal closer to. the us. will you have to move the. stuff out. of the second losing money. on oh i don't. want to. go back to you. somehow they are there they all say camels good morning nothing. to back out some of you know me. that i'll say i want him to fuck the gases from the saucer feel far back out how i feel the sun how it just how. it is there is every now and then some last one of you had a bit of flare. if you give. him a cell phone with my mom did he think that there was a week there was no need to do that only the first. one. on. in the world. and i got it from internet. and so i was of little mick relations with another country he's. bee

board: let us look at the to look at some of the potential movers.e's preparing to ramp --production, to have bear in mind, apple has expanded production to foxconn as well. high mexico electronics is down x electronics is down, they usually work on apple's headphones, and the deal is not finalized. ramy: thank you, sophie. as you head into the markets in china, we will see how the beer are looking in about 20 minutes from now. let us go to paul allen with the first word news. paul: thanks, david. a civil rights group has ordered trumpto order president to unify mother and 2000 undocumented children taken from parents. the aclu filing also calls for a halt to all features of versions of families crossing the border. president trump's executive order on june 20 has explicit loopholes, according to the filing. an election victory proved short-lived, with concerns about the independence of the nation's central bank and policy direction, everest gains. stocks and bonds also arista their advances and capital flooded this quarter, as the president urged th

they traveled there to get an inis look. they are opening two such sites as a strategy to keep people safe and alife. you can find that story at nbc bay area.com. i would like to know what you ot you bout this testing think it's a good idea. on facebook you can leave your comments there as well. >> all right. thanks so much. >> it is 605 right now. a letter may signal a history making moment. it is a final message. it should indicate whether the plans summit is on or off. they teheld a series of talks. but for this to happen north korea has to give off nuclear weapons. pompeo says it would be tragic. >> we have made real progress in the last 72 hours towards setting the conditions. >> they are now scoping out security in case the summit gets the light. >>> president trump is responding to samantha bee's comments about his daughter, ivanka. we are live with new information. a lot of people say there's a double standard. >> a number of people believe there's a double standard. they believe she should lose her show like roseann

they are looking to suffer in today's session. and looking gloomy, to reflect the market open.amy: it sure looks like it. i'm ramy inocencio. you are watching "daybreak australia." more on u.s. stocks closing at a 12 week high on renewed economic optimism. joining us is frank lubinski. i want to get your initial reaction to the market close, because despite what has been happening with tariffs and trade, it looks like everybody is still optimistic and there is strength in the u.s. economy and that is what people are trading on. frank: you have seen strength in the u.s. economy for some time. what is interesting, the market can be schizophr. last week we had issues on trade, on the italian political situation, which overshadowed some of the u.s. economic data. but then as you go forward into friday, you got strong economic news here on the jobs report, combine that with the easing of the italian fears, and it set off a nice market rally was continued on in two today in the u.s. ramy: how long can it last, because this could be a bump? what are your thoughts moving ahead? do we r

this morning we have a look at what one of the signs might look like. the sign under consideration says: "welcome to berkeley, love life, sanctuary city and ohlone territory." the president has once again said.. some people should not get to go before a judge. scott mcgrew.. he )s speaking specifically of migrants who break the law. right. but the law doesn )t work that way. the american constitution requires due process.. whether you )re an american or not. the president tweeted his wish that migrants not get time before a judge.. and then repeated that wish at a rally last night. earlier.. the white house press secretary "sarah huckabee sanders" said its the white house )s position that due process does to require the participation of the courts. going back to the president )s words.. he says.. we don )t want judges.. we want to tell people, i )m sorry, you )re coming into the country illegally. we don )t want you in the country. thats ) where critics say.. you lose due process. we.. is the executive branch. ice. ice would adjudicate whether you were

it's looking good this morning. take a look at the headlights. hardly any coming in the southbound direction. just a couple of taillights heading northbound. two lanes north and four lanes in the southbound commute. slow traffic out of tracy, up and over the merge from 205 to 580. looking at about, 42 minutes tracy to dublin westbound. highway 4 moving nicely westbound into concord. across the golden gate bridge, we just saw less than 20 minutes. >>> breaking news from our live desk, cocoa the gorilla has died. we've just learned that she passed away tuesday morning in her sleep at the age of 46. coco was known for her extraordinary mastery of sign langua language. what you probably didn't know is coco was born at the san francisco zoo, moved to the santa cruz mountains eight years later along with the foundation. she touched the lives of millions as an ambassador for all gorillas, an icon for empathy. sad news this morning. >> it is. i remember coco as a kid, watching a video of her and being so amazed. >> her signing, her relationship with her

this are looking very nice. pper 50s at 8:00 and mid-70s coming up next. >>> right now we've got a couple of issues going on for this -- looking at the bay bridge, i'll explain this shot and what i see -- i think you can see some of what i can't and i'll explain more coming up. >>> we continue to follow that breaking news out of union city. a shoot outbetween police and suspects trying to get away. still a very active scene there this morning and we are there live. that's story coming up for you next. a live look outside at a v foggy golden gate bridge.. >>> good tuesday morning. as we take a live look outside. very foggy. guess where that is? bet you can't tell. >> golden gate bridge, you can't see it there. very foggy start to our morning, thank you so much for starting your morning with us, i'm marcus washington. >> i'm laura garcia. >> let's check the forecast. would be nice if the fog would cool everything down for a few extended days. >> we were talking about how hot it's going to be as we go into the rest

future generations will look back on this moment. they will look to see whether we affirmed that in america we don't injure or imprison children, we protect them. they will look back to see that in america we don't abuse rights, we protect them. they will look back at america to see if we are called to be a nation truly that works to defend human rights at home and abroad, not violate them in our own backyard. this isn't an injustice that needs to take decades, years, or even months to correct. president trump must, can, and should end this immoral policy today. and if he refuses to act, this body will be judged. congress can vote today on the keeping families together act smgt and we must act. -- and we must act. we must do something. we must stand for something. or the dignity and the humanity that will be assaulted will not be those of children on our border, it will be the damage to the dignity and the humanity of us all. for the sake of our values, for the sake of our nations, i urge my colleagues to act. thank you, mr. presiden

look look look. look look. look look look. look look look. look look horrible to go tell me that would agree with me because i get to get their money on a little ball i know how to put it on your head i don't we were sleeping with. absolutely. look. look look look look look look. at least fifty. six. let's. see. if. it isn't. that angle that's. isn't so says i as a cause i'm a dancer i'm that unwatchable because i was a cause all kinds and other daughter boy is sick on one hand well i've done a lot of paranoia so tell us. all my bum go the kid same compensate off boy tonight nobody in the. even approve of it because. it's not. going to. get the kind of. noise on the list that i did on the show got to move this because of i'm listening to nicholson to be in so much the subtly less. so i thought it was not so much because i was it is a constant basis with your mouth it's a minute it's. the leaders of the u.s. and north korea shake hands add in the historic summit just months after threatening to destroy each other's country. their talks ended w

look at that. that looks cool. show is based on the real life story of jack paar sons a 1930s rocket scientist who tried to get a man to the moon. it premieres today on cbs all access. >>> all right, jaclyn. how are the roads? >> they are slow right now in some areas. they are looking good in some areas. we'll begin at 205. it's barely moving westbound. we haven't seen any reports of any accidents. there was some overnight roadwork where they had many lanes shut down but looks like that has already wrapped up.alt for an alternate. from 205 to 680, 32 minutes. along 680 we are tracking delays northbound. looks like caltrans has some lanes closed due to some overnight roadwork. we are seeing those slowdowns, speeds below the limit there. southbound direction in the green northbound no delays. over at the maze, looking fantastic. we don't see any backup just yet. definitely getting a little crowded but not too bad. and, in fact, the bay bridge toll plaza this has been fluctuating all morning long. now we are seeing ju

that's a look at the tower looking east at the beautiful bay bridge. the traffic is starting to stack up there on the 580 interchange in dublin. it could get worse because we have a little issue at the toll plaza now. >>> we're going to see plenty of sunshine today and that's compared to what we had yesterday t. marine layer stuck around for a while. the this morning it's looking like we're already seeing clear conditions across an fran fran. the satellite and radar is showing a bit more cloud cover this afternoon. it may impact the visibility for some folks that the north bay area and wind speeds are 10 miles an hour. for us, it's calm conditions across the south bay. the mountains have barely any wind pushing through. we're getting less of the west wind, and that does help reduce the marine layer. that's not allowing it to be push in from the coastline as it was yesterday. 54 in san francisco right now and oakland is 53 and cooler in santa row sa with 47. taste nice clear view here in san francisco, and here are the headlines. we're going to have the

looks like a little less slowing in the area. besides that, looking pretty good. live look at golden gate bridge. nice. only a few cars out there. we'll see how it goes whenthank. breaking news out of the south bay this morning, a motorcyclist dead after an accid oon 880 in >> bob out exactly what happene. bob, i understand the chp thinks another car might have been involved. >> reporter: good morning. the california highway patrol thinks this fatal accident might be a hit-and-run. it happened a couple yards behind me on ramp northbound 880 around 1:00 this morning not far from the airport. the motorcyclist traveling very fast, well over the speed limit, failed to negotiate the turn onto the freeway, crashed into the median on the on ramp. the man and his bike ended up in the middle of northbound 880. chp believes another vehicle might have hit the man because there's other debris not from the motorcycle. law enforcement isn't sure what killed the motorcyclist, if it was the initial crash or the ac. ive here in san jose,nd 880 bob redell, "today in the bay." >> it

look at where u.s. equity markets are, an all-time low and you are about to see a return reversal there. most of those foreign countries, saudi arabia, an oil-producing countr they wi benefit from that. investors should think about getting more granular. a lot of the international money today is highly correlated to efa. being tied to efa may not be what you want. it moves similar to the s&p domestic market. scarlet: eric talked about single country etf's. did we see any flows into the south korean etf in the wake of the trump-kim summit? carolina: we did see an outflow last friday ahead of the trump-kim meeting, but surprisingly, following that, trading was pretty muted for the fund. where we did see some interesting activity was with silver etf's. that's the global silver miners fund. sil on monday doubled its average value for the past year. and while g7 tensions put pressure on the dollar and that has lent support to the silver market, if you drill down into the holdings, the chunkiest exposures are

still looking okay. we'll begin though in the south bay, where we are tracking a motorcycle accident. northbound 280, this is as you approach the north expressway, motorcycle down blocking a lane. they are clearing it over to the shoulder. we are starting to see -- looks like our sensors went back into the green. so things are starting to show some improvement there. in the meantime, be careful through that stretch. there may still be some crews on the scene. if you are making your way along 101 in that southbound direction through palo alto, caltrans looks like they are still out there with some overnight roadwork. they were scheduled to have all this wrapped up by 5:45. d thst betweersid oregon lays. loser marsh at this point. give yourself extra time headbeing that way down the peninsula. and over at the bay bridge toll plaza, metering lights are on. the backup not quite to the foot of the maze. it's getting there. we'll give it some time but so far, it's just past that 880 overcrossing. hat's a check

>> it looks wonderful.t sort of looks like a mix between big thunder mountain and space mountain with that kind of level. >> looks good to me. >> the best of two worlds there. >> why not? >> sure. i like that. it's going to be hot down there, though. the humidity. you want to move around a little bit for us. we'll find some way to keep cool over the next couple of days especially if you don't have air conditioning. the heat is almost here. hi, everybody. it's 4:46. looking from our east camera. tonight we'll see stars and it won't be quite as cool as it has been the last couple of nights and next week we're going to drop right back below average once again. here's a look at the cloud cover. there's a few clouds along the coast this morning. look at that. everybody's sunny by noon and we say sunny all throughout the afternoon until the sun sets at about 8:35 this evening. let's see what it does to our temperatures. we're getting back into the 80s in the south bay. for most of us low to mid-80s. some 90s arou

look look look. look at least somebody from the. field thought of. jon benet looking to follow her example salt the soft fluid as they're going to the floor and if you could tell an outcome so i can settle for a man that shouldn't have been there was illegal look. please. please please please please please please please. please please please. please. please. please please please please please. please please please. lend. look look please please please please please please. please. please please. please like a. like a i would like to put it on the. leg. lead. others who want to listen read was no my littlest was a. smirk it sobers a lot of. us this is a list made it to the moment of them wish it was awesome i love it thanks. jennifer you. are the love of a bundle of logs the development of a family was led by themselves. situated to discuss this should be able to muster to. tell us. all you have to move. out of the second losing movies. oh i don't. want to. go back to the. colonise they all say they all say camels good morning nothing. to back out it'

what you look at is the u.s.ning slightly in europe continuing on its gradual tightening path and looking stronger. in that environment, you could see euro-dollar pushing north of 1.30. you might get ecb reaction to that, but when you have growth in the eurozone, they need to be less reactive to a strong currency and accept that. when you have a current account surplus, your currency will go up. ecb will have to accept that. guy: thank you, mark nash. head of fixed-income at old mutual global investors." let's talk about the stock of the hour under pressure in london. the stock is trading software this morning. we have seen it did and did -- bid and bid. the rejection to bid -- the stock is trading what you would -- above what you would normally see. it is under pressure on the stock story. this is bloomberg. ♪ panda bear meets debt cap pea ridge chinese equities closed the session in a bear market as trade tensions ratchet higher. euro buffs the trend. is the worst over in the global selloff? peter navarro tries

i'm looking at 9%. look at the big movers. the answer is yes, the stock is up in a big way. the company is really showing a pedal to the metal such as big. you also saw twitter hitting a three-year high as the advertising is valued. time warner and at&t are movi ahead of the big decision. let's go to after hours. you saw at&t lower, time warner was up as much as 6%. quickly, into the bloomberg one more time. if you look at ceo confident verse merger activity, it was very interesting in this white line. this time warner merger has taken about two years to come to fruition. they now have the ability to go to had -- go ahead. the digital currency is now the lowest since february. it is down roughly 50%. we are well past the euphoria days. >> it got a little bit ugly. it has to do with the fact that you're getting a lot of scrutiny on the trading venues. let's go to the bloomberg to see how the decline has affected. just bitcoin but all of the -- you can see a dramatic decline there. billy have epic when not gone away. bitcoin is rat poison squared. -- the critics were proven wr

as we head to look downtown center et stleet bridge looking kwood good. taking a look at metro.-- travel times, 2 0 looking good fmgermantown down to the spur. top of the beltway, we have that normal slowdown wwhere, just saw 66 inbound. northbound looking pretty mch as well. >> skblun t heavy eenth. it's the oldestommoration of the ending of slavery. >> at the ridgley rosenwald school to see how they're rking this occasion. good morning. >> good morning to neyou. ju 19th, 1865 washe date. drum line, stand by. we're ready to cebrate june-teen e tooent, and why it still matters today. dr. dennis deutsche with t prince george's county parks and rec. >> we do that har-round. weave tons of historic sights andtuseums throughouhe yt. >> we have a link and a website too. some of those places where you are going to learn about those d other things. drum line. strike four. take us to break. >> the drum was an important feature in -- important pafrp our community now. thanks, molette. >> here are four things to know today. prince george's county police are looking for a suspect in deadly

nice and cool as we take a look look outside. as you head out the door, partly cloudy skies, temperatures mid up toer 50s, only reaching upper 60s in campbell today. we'll talk about a warm up in the weekend and next week's forecast up next. >>> not to step on kari's toes i'm looking at the flag,ly a ze. on 8 moves nicely, we'll talk about the other side and on the track. >>> plus comediantha saman bee apologizing for insulting ivanka trump. new, her response after the pack lash from across the country. >> first a live look outside san rafael this morning. picking up out there. mike is keeping his eye on the morning commute for you. a lot ahead on "today in the bay," 4:5. e.. ve loooutsidan >>> it is thursday morning. let's take a live look outside overlooking san jose. another nice, cool ar ahead. if you like the cooler temperatures, you still like warmer ones, those are around the corner as well for you. good morning, thanks for joining us. i'm laura garcia. >> i'm marcus washington. we'll get to traffic in a moment. right now

there's the golden gate bridge, nice clear look. kind of even looks hot today. more people going into oakland than san francisco likely for some sort of thing going on. >> i don't know, a little something. >> all right, the weekend is looking nice. >> it's going to be a great weekend. nice weather, not as hot, we're starting out this week with the temperatures spiking today at 95 degrees but check out the weekend for the inland areas, it will be in the upper 70s and low 80s really nice. san francisco will be in the mid-60s in time for saturday and nd although you probably would like those low 70s and we'll take a live look outside in squaw valley, such an amazing sunrise. if you'll be going there for the weekend, by friday we're up to 70 degrees and lower 60s for much of the sierra with breezy winds throughout the weekend. heading down to paso ingine tas as hot there. low 70s for this weekend and good time to go. going to santa cruz,t is going to be cool and windy, highs there only in the low 60s. if you're making beach plans, keep that in mind. you might want t

look at it. it's a special kind of roller coaster they say is built to take those sharp turns and twists unlike any other roller coaster out on the west coast. this is a single track line. that course is going to be a little more shaky. >> they playing that when you ride it. >> you know me, i'm superman. >> i do. i know you love roller coasters. >> i do. it's something about the adrenaline and excitement of turning. >> that one seemed really high. i'm thinking when you're at the top you can see the whole south bay. >> get our live cam. >> we're going to have some great weather, whether going to great america. school is out for a lot of kids. it's time to find something to do. i've got you covered here. a live look outside in san jose as the sunrises this morning our temperature trend for santa clara, great america, is going to be at 60 at 8:00. we will be warming up fast. at noon 75 degrees and reaching 80 degrees. but overall a cooler day compared to what we've had recently. walnut creek it will

look at this. another sunny day at the coast just like it was yesterday with upper 60s, maybe mib 60s city. as far as our lows tonight, we're looking at temperatures that are going to run mainly in the 50s to a few 60s out there. in fact you can see places like concord and antioch at 62 and 68. san jose 61. still decent sleeping weather. it's going to take till about midnight to 1:00 in the morning to start cooling off enough to really notice a difference. so here is my accuweather seven-day forecast. even hotter tomorrow. the heat will moderate, but still pretty toasty sunday and back to average monday and tuesday and maybe cooler than average wednesday and thursday with the morning clouds and afternoon sunshine. let's get back to sue and see what's going on. >> headed outside to take a look at san jose. highway 87, taillights headed in the northbound direction. it's pretty light for early friday. hoping for friday light. popping across town to 280 at highway 17, the overcrossing there. a few head

taking a look at equity pictures. having a look elsewhere, on the downside.aipei, bit of a mixed session thus far. busy week ahead. let's take a look at what we have in store for the china open with sophie kamaruddin. sophie: some swings moving higher but a loss could be anticipated in shanghai despite a rrr cut. plus, the treasury is reportedly planning more curves than chinese investment in industries. zte in the spotlight as it nears the final hurdle. they've reportedly paid the $1 billion fine. it has been a roller coaster ride, zte shares down 54%. we are keeping a close eye on the offshore. set for its longest losing streak since 2016. that's where the u.s. china trade spat still very much in view. that could continue unless the daily fixed income comes up lower-than-expected today. rishaad: let's get more on this china rrr cut. billion inike $108 liquidity. stephen engle is here. do you have an idea with the pboc's goals are here? thinking it was going to happen last friday and it came late on a sunday. it goes into effect july 5. it's a very targeted

look at travel related stocks. look at entertainment related companies. look at even mall retailers. so i think, like, you know, of course technology gets the lion's share of our attention because these are mega market cap stocks but then the other thing to understand is there is a consumer driven economic story here that is undeniable. you now have more open job positions that need to be filled than you have unemployed people. you have the lowest unemployment rate since 1969. by a very important measure. and that, i think, is enough to propel earnings growth for a lot of areas one chart i wanted to throw up before i'm done talking. xhb, home builders this is a very wacky chart, coming into 2018, they just got absolutely slaughtered 20% draw down or more. and now they have found support at the longer term trend line as you can see there. and i think you're about to see this rounding bottom resolve to the upside i think you'll see the home builders really reflect what's happening with the consumer, with the employment picture, with the fact that banks are

how does it look for the distiller? >> it looks good.already looks good for the recent weeks and months. if you look at the share price, it has had an extraordinary run a. ,hey keep selling more cognac especially in china as that market recovers. they have their high-end line which is racing ahead. well.ares have done they have raised the operating margins further, and the target for the operating margin at a record level for the coming year. some further tailwinds on what has been a success story in recent weeks. matt: thanks very much for that. you can get all of the latest stock stories from our equities team. just go to your bloomberg and type in first go for a scrolling news feed on what is happening in markets. subscribers can get first go by andmobile app on iphone android. coming up, it is the market open. futures when he to a positive day. -- pointing to a positive day. this is bloomberg. ♪ ♪ minister go until the start of cash trading in europe. the dollar is going back down again. story. a risk on 118 handle. cable rate tradin

let's jump right in and show you, look at the ferry building. look at the flags. look at the flags. they're not moving this morning. we have 60s along the highway 4 corridor towards antioch. 60 at the coast. 60 at the coast. still 61 at the coast at 4:00 at the coast, 74 to 87. let's turn it over to sue to see what's going on there. >>> a nice stream of traffic because of friday light so far. the drive time along into san francisco, just 30 minutes. let's check in at the bay bridge toll plaza, metering lights were turned on at 5:27 this morning. those car poolers are getting by with any delay. but it's about a 12-minute delay behind the toll plaza at the end of the line to get to on the span. we did have reports of a stall in the span in the left lane near tower number one. so just heads up there. bridge crews are -- they're usually pretty efficient getting those out of there. we'll check back in a couple minutes. >>> breaking news in san francisco's mission district this morning. a shooting left one person dead. >> the investigation is on right now at harrison and 24th. that's wher

live look in palo alto. chp now is reporting what seems to be a minor fender bender t could be causinge issues near that area. i'll bring an update coming up in just a bit. >>> breaking news within the last hour, wor cup soccer coming to north america. the reason the bay area played a big role in getting game. you like dinosaurs? so do i. hey blue. i brought u something. okay. we're getting out of here. you're welcome. run! holy! this is gonna be awesome. rated pg-13. >>> good wednesday morning to you on this june 13th day. happy hump day to you. live pictures from the trans america tower in san francisco as we get started with the day. thank you for beginning your day with us. i'm marcus washington. >> i'm laura garcia. >> first, let's talk abouthat forecast. >> still looks pretty hot again yet some relief along the coast today. san francisco slightly cooler. here's a look at los gatos and our temperature trend for today. 58 degrees starting out this morning and it will be warming up fast at 9:00, 68 degree

peoplet looks as though are taking a serious look.t is since this july the sixth is not that far away, most people realize it is too late to pull back from at least the first day of a serious fight between the united states and china. people are pricing in the fact there is no way we can avoid at least the first level of tariffs being implemented. when they do that, there will be a lot of collateral damage. there is lots of countries in asia which will be affected. the japanese market performing badly today and singapore is another one. even with the major markets closed, hong kong and china, there is a lot going on in the asian markets. statesough the united mpanies, there is a lot of companies in taiwan, japan and south korea, and they will be affected as well. this has broader implications between the two countries. haidi: mark, aing to all of this use all of this you saw the broader selloff across everything from soybeans to copper, right? as we go into a pointy end of the week with opec, what is the outlook with oil volatility? o

looking really night as well. as we look to the weekend, we'll keep it dryatday and sunday. looking hot and humid especially osunday. here is the latest on storm team 4 radar. barely anythin out there, just very light rain back in the panhandle of west virginia, trying to move into parts of frederick and shenandoah counties in virginiaga but between about 3:00 and 7:00, we will have i think widely scattered showers and thunderstorms. it is not a washout though this afternoon. so if you have plans outdoors, i'd keep them, just know that you might have to go inside because there could be a passing khower or thunderstorm. as we l to the weekend, whatever your plans are right now, it is finally looking pretty dnice. 't have to talk about the threat for flooding, torrential rains out there. golf with dad, i'd recommend saturday when it is not asot outside. the pool is going to be perfect on sunday because it will be so hot and humid out there. and yard work you can finally cut the grass this weekend with sy weather in the forecast saturday as well aday. here is a look at your sto

this guy is looking at worth of repairs. because he didn't have proper insurance he had to start a go fund me page. look at the amount of clothes that she is bagging up that were left behind. she posted a picture of the garbage bin he was able to fill up in three hours. >> dang. >> the good thing is they have their house back and can start working on it. >> it's a wrecking ball. >> unfortunately he says it will wipe out and you don't want that to happen when you have people renting your house and moving out. zblnch >>> some times you have to ride the waves. i mean that literally in this case. we are in fiji. you is' a few people paddling around. he spots this little wave. >> look out. >> definitely should start paddling right about now. anticipates it. go. brace. jump on this sucker. and then, find yourself right in the middle of that barrel. >> this is why action cameras were invented. a perfect shot. >> wow. >> it's like a hole in one. >> he makes it all the way to the end. i love this smile right about ah.e when he finall

nothing only way to look at builders, but it's one way to look at it, and i think the overall supply demand picture, housing specs is still way below historical levels, so i think you look at houses that ay that are demolished each year, and population is growing more than housing supplys growing, so there's more homes that need to be built. these fundamental tailwinds, can you have a recession? skyler: good question. it's veryl: i think difficult to have one. every recession is different, but things are very different than they have been in the past. when you look at the last recession, housing let it -- housing led it. stated a lot tighter recently. still lagging the broader economy, and there's many years left of housing on the housing market. julia: great to talk to you, as always. up, washington is working nd the scenes to relieve some of the pressure on gas prices. this is bloomberg. ♪ mark crumpton with first word news. members of the foreign relations committee say the senate should beed on any possible treaty that comes out of the summit between president trump and north kor

joing us from the equities team, we are looking at bcm. looking at rolls-royce.et's start with dialogue. what is this dynamic kicks deal -- dynamic text deal? >> so yes. if you remember, dialog has been in trouble. apple is a provider for chips for apple and apple has cut its order for chips. withpossible transaction symantec's will allow it to produce its reliance from apple and provide chips for other kinds of technology, for example touchscreens. and to other companies, other clients, for example samsung. definitely a rationale of the deal there are get these are talks for the time being, no guarantee a transaction will take place but obviously the shares will move and style shares will be called between 5-10% this morning. what is going on? why doesn't it want some sort of combination with aipac's? >> exactly. we've seen an increase in private equity transactions in the u.k. in particular, private equity firms have raised a lot of funds, very big funds, and they are struggling to deploy that capital and they are particularly eyeing those companies in the rang

>> we can look at the proxy process and i intend to look at that as part of an overall assessment of the proxy process. i think if you don't mind i would take a minute-- >> please do. >> ordinary investor, mainstream investor in people we think about, i think they should understand corporate governance in america has changed substantially in the last decade as a result of various changes and that the ability of shareholders to directly influence the actions of management have increased. that has benefits, but it's been a change and we should be looking at that change and how it has changed the way corporations behave and i think communicating with american investors on what that change means. >> you mentioned looking at the proxy process. what is your timeline do you anticipate for the sec to look at that process? >> we had an open comment period in the past on contemplating opening that again. get updates on-- this issue and other issues that are around the proxy process including plumbing do we have the right plumbing in light of with the theme of modernization? do we have the righ

it's looking better. no delays. >>> "good morning america" coming up at 7:00. >>> live from new york city with a look at what's ahead. it's great to see you. >> great to see and hear both of you on this friday morning. coming up we're following the latest on that tragic and deadly latest on that tragic and deadly newsroom rampage in maryland. what we've learned over him and the investigation right now. we are live on the scene. also ahead a dramatic rescue caught on tape. a little 2-year-old girl. how these police cadets were just two weeks into their training finally found her. ed sheeran facing a lawsuit, accused of ripping off a classic. we'll play them for you and you can tell us what you think and also it's a holiday friday. have a great holiday weekend even though the holiday is really wednesday. when do we celebrate. is it a week and a half celebration? >> if you live in the bay area, starting last night. no one is here. >> there you go. it's great for your commute. >> they're all gone. >> they fle

a look at the rest of the bay looks great. if you're traveling through hey war, particularly from oakland down towards the san mateo bridge, that's the stretch we have south of washington and 238. we see the praek lights starting to tap down towards -- at least the two left lanes possibly three left lanes. we may be down to one lane and exit as you travel south through hayward. getting conflicting reports but there's a lot of activity four cars involved there. southbound 880 through slow h haywa hayward. the bay be mateo bridge. contra costa looks great and no problems out of the north bay and down over towards the bay bridge toll plaza where the metering lights were turned on right on schedule. we see the crowds starting to form in cash lanes. avoids that by taking b.a.r.t. 45 train is on time. no problem throughout the system or other commute rails making the longest ride out of the central valley with capitol corridor. there's a light volume of traffic. here's palo alto. that's the reason we have the limit. back to you. >>

>>> a look at san rafael as we look southbound 101. notice the lack of fog and clouds. and the temperature today pretty comfortable across the north bay. your neighbor to the north, petaluma, 79. you're going to see the biggest jump along with the peninsula. about 20 degrees warmer from today into saturday, even places like san francisco and oakland will jump about 14 to 16 degrees. it could be shocking if you spend some time outside during the afternoon hours saturday.ve media to avoid a spoiler about one of your tv shows? i've done this. >> facebook has an interesting way to prevent that from happening. they are testing a new feature called snooze that lets you hide post that is include key words that you want to avoid. the snooze will last for 30 days. twitter and instagram offer similar muting options. >>> the raiders are on their way out of oakland, but a team from the xfl could be on the way in. today the oakland alameda coliseum board offered to hold a meeting to discuss that possibility. vince mcmahon announced in january that he wants to bring back the once fai

think when you look at the yield curve, first of all, you look at the supply.arlier this year, we had massive supply in the short end, which pushed the short rates up. that is one. two, we have this global convergence. draghithe ecb, mario offered forgot in storage 2019 for rate hikes, so bond yields levels, sore at low that creates demand for u.s. bond yields at high levels. abnormality in the yield curve to an mx we did not have in the past. the global yield curve is becoming inverted now, but the composition of some of those indices when the u.s. represents the biggest share of the short end and the smaller share of the long end also contributed to that. the u.s. you occur still not inverted, but i take the signal from the yield curve with a grain of salt. rishaad: stick around. we have loads more to talk about. just to tell you about the moment leader, he at the was not supreme at the chinese capital for a while, but apparently he likes the air out there. let's get to first word news. >> chinese state television says kim jong-un has promised to upgrade ties

but it looks really bad. it looks really bad. this could have been something completely avoided. >> reporter: in san francisco, andria borba, kpix 5. >>> a close call in the oakland hills when a fire n ag c the 1,000-square-foot structure burned to the ground yesterday. firefighters were able to keep the flames away from neighboring homes. the building was being used for storage. no word on how the fire got started. >> time now 4:35 let's check the forecast. >>> it's nice and calm this coming weekend. father's day should be fine. cool and cloudy, that's it. not expecting any rain chances. the rain may happen north and east of us but that's all for us. some of us waking up to clear conditions especially in the south bay. we have the marine layer. some areas are in the clear. here's a live look now from our "salesforce tower" camera towards the north. this would be transamerica pyramid. always a good sign when you can see it. cloud coverage isn't impacting it too much. here's where the clouds are right through marin headlands aroun

here is a bloomberg chart to look at which shows us what they are looking at.repo rate at 6% for nearly a year. the yellow line, look how oil prices are moving up. that's why inflation of blue line is up to 4.6%. now that's above the 4% target rate for the r.b.i. guyhead of the r.b.i., the who just td the fed, slow down on that tapering or you are going to hurt emerging markets, he holds the wildcard on this decision. the deputy governor has signaled he will vote for removing accommodation. rates.ans hiking but you look at the weakening rupee, rising oil, rate hikes, all of that would argue for the rate hike. indian gdp growing in the fiscal year. that is strong. there are some external factors. the foreign-exchange intervention, drying up the liquidity, the reserves, cash squeeze, but no matter what they willhe r.b.i., the policy be closely watched when they come out of that meeting. haidi: the ecb also meeting last -- next week. i we really expecting that, given that we just stepped past the volatility of italy and spain? reporter: that seems like a key quest

look at him there. the owner says that the officer is a hero and he is getting a lot of love and phrase and maybe a couple of licks and wags too. >> good looking dog there. >> i've got good news, facebook and other tech companies continue to hire in a big way but there's a down side, more traffic in the silicon valley and dumb bart ton bridge. what's the solution to ease the traffic? >> facebook is teaming up with san trans and the plan is to add a bus and pedestrian options on the bridge and renovate the railroad bridge that runs from the east bay to the peninsula. san trans says upgrading would cost about $1 billion. >>> could history be sealed tonight? i don't know. warriors with the chance to win a third nba championship in four years. >> the dubs were calm and collected and you see during practice. this is in cleveland yesterday, they know what's online here but they also know that not to get ahead of themselves right now. the cavaliers schooled them last year in a similar game four. the dubs say t

looks like that's where the clouds are hovering. look at this. the winds are pushing and that's it's making for a shot or going east of course. you can see how it's picking up a bit. the cloud cover is east of fairfield and redwood city and all seem to be in the clear right now. the weather pattern is going to stay pretty consistent to what we're experiencing. that means that the west winds are pushing in the marine layer. the visibility down is through the bay and it's decreasing a little bit more you in santa, rosa. >>> we're tracking delays right now for the super commuters. westbound 205 is a real slow route. we're dealing with speeds that dip below 10 miles an hour. they have wrapped up the work, and we have a few accidents, but nothing to warrant the delays. we have a 45-minute commute from 205 to livermore. we have two lanes blocked. do expect the delays. >>> we're in lake county and the wildfires are going and forcing thousands to evacuate from the home. the fire broke out on clear lake oats. >> reporter: going to the indian valley reserv

right side looking good. fast track looking good, too, at this time yesterday where we're already starting to back up. i don't think we'll have that same issue today. no major issues so far this morning. we'll take a look at the central valley filling in and slowing down coming up in about ten minutes. >>> i want to jump back in. back to our breaking news we're tracking in san francisco, a truck slamming into a building. abc 7 news reporter amy hollyfield just arrived on the scene. she is joining us here live. amy, what's going on? >> reporter: the truck is still there. let me get out of the way so you can see it. it is in the garage. police are still here talking to people, gathering information and trying to help these people figure out where to go. there are six units at this building at arguello and clement. they've turned off utilities just in case, just trying to mitigate the situation here, try to get any risk out of the way that they can. they asked all these people go ahead and find a new place to st

lots to look out for their. look at where europe looks set to head at the start of the trading day.ck on italian yields because you have some movement here as well. just as that risk on picture was being painted in equity markets, looks like we are seeing something similar coming through in bonds. france and germany lower in the bond market, italy significantly higher. italian 10-year bonds jumped. it is a huge week for the global economy. we are looking at what is happening in singapore but also brexit ahead to proposed legislation return to the house of commons where lawmakers will vote on a number of amendments recommended by the house of lords. will the government the defeated this week is the key question. the u.s. federal reserve is forecast to raise rates on thursday. all 37 economists we have asked ahead of the meeting say that is what the fed will do. also say the ecb is expected to discuss the end of asset purchases. what kind of timeline will they give us? we round up the week with announcements from both japan and russia. when we look ahead to the week, a really busy wee