at this is a way to look at it. another thing, they will announce earnings before this expiration and company does quite well out of earnings historically >> great point about the dividend tony what do you make of the trade and the stock? >> i quite like this because as carter's chart point out it is prime for break out above 240 level. when you look at the business, while alcohol is the primary part of the business it's not particularly interesting from the perspective of potential growth we see from beer is likely going to be offset to some degree by wine and spirits side that are starting to see declines the cannabis side is most interesting, 38% exposure to canopy which is a stock that is up 20% in just the last two weeks alone and just broke above its 21-day moving average, i think canopy is very interesting, and the fact they own options to buy a fairly significant chunk of cannabis licenses through acreage is consellation here. and -- mike's trade is smart to play near the break out level but hasn't broke out

we are looking at even some sprinkles as we look to your saturday morning. that is a possibility with that low pressure system and as we head through the rest of your saturday again, cooler temperatures saturday in the afternoon. if you look up in the sierra there, that chance to see even some thunderstorms up in the sierra on saturday. showing you futurecast winds, we are looking at westerly winds for today. that will be the case once again for your weekend as well with that on shore flow and those cooler temperatures. relative humidity, so glad to see them going up. relative humidity values. looking at higher humidity as we go through the next several days with that ocean breeze kicking in for us. daytime highs, mild in the south bay, 73 santa clara, 74 san jose, 77 for morgan hill. east bay, 76 in concord and pleasant hill looking at the mid 70s for most part in the tri valley, low 80s from fairfield, antioch, pittsburg, big difference compared to the 90s that we had earlier in the day. 57 daly city, 63 alameda, 65 oakland. north bay, mid to upper 70s to

how does it look >> it's looking busy as you head in to the pass.sual stuff out of tracy getting ontoa 80. we have reports of a trouble spot. this is westbound 580. not far from that flynn road exit. the ramp is where the problem is. just a heads up things busy for that area. plus you have that new trouble spot. most of the activity on to the shoulder off ramp. once you are past that point just slight delays approaching the dublin. westbound 580. that is where we have an earlier car fire. this was quite a while ago but still activity there. you will have a few brake lights as you approach the scene. not affecting your drive if you are connecting onto 68o itself. there is a pretty serious crash reported that is blocking lanes on byron highway. this was reported as a head on collision with lanes block there's in both directions. keep that in mind this morning. a look at the travel times. westbound 580 is the slowest spot. 41 minute. 2o 5 toward 680. westbound 80. highway 4 to the maze. that's about a 15 minute commute. if are you going toward the bay

girl son and looked at him a dozen in the premed only ever so when that bill went to say look on sunday and all you're going to select is really bad though. if i do that will find evil don't they i will not and that of the excellent that little joke at a ok leaped up with a celeb in the lemonade and that was sort of it it is a put a limit this i leave this at the head of the. with the least sound book the left word of psyche your feeling by that is. see my legs feel my head. that i'm a sieve i mean if i act now at a point but behave in venezuela the government accuses you of being part of an extortion ring of corruption what do you say to that so no see it don't get your format but after they've done that she'll. sing aloud all in a moment. your cycle that base axiom giggling been until tonight but it will be who . me. is 4 other men deal release and get your main b. men did not believe them when they selected in the book i mean the e.c. thing is you have got it you have a big deal that angle is something that must see only here so boy come in there you're. in it you like go to feel bet

they look like one sign.is a three panel system so the map can be swapped out as the island the built out. over time that will change so we want to give people the best information. at the bottom is where we can use the icons to call out programs and amenities available nearby. the back of the signs can also be used for additional information like historical information. there will be more simple wayfinding signage to help people navigate between the various sites and sign that call out the easiest ways to destinations. getting into building one and the accessible pathway to the beach will be called out as well. importantly, the trails have a different standard that we will be using. these standards are recommended by the american access board. it includes obstacles so people know what to expect before they start out on the trail. at the major trail head there will be information like link of trail concrete or come tact earth, width and scope of the trail. those signs will be at continuous points around the t

mike mckee looks at one, i look at another, etc.. what i am really looking at is called atlanta sticky from the federal reserve bank of atlanta. i want to know what sticky prices are doing as they micro move, and paints in inflation seen. lisa: still, you've got janet yellen coming out yesterday, transitory. it is a restart. i am looking at this and got to say, you are starting to see these labor market shortages and a question mark around that. romaine: at the end of the day, it is not just about what you see in the aggregate data area it is really about inflation expectations, and the market is just not buying it. you look at five-year five year breakevens here, and we are priced just slightly above that 2% level, so this is a market at least right now that is not all that worried. tom: and the market call of 30 years a disinflation and a deflationary tendency to get when i look at steve major, david rosenberg, and others saying wait, don't be an inflationista, the heart of the matter is technology and what has done to this america

calvert: when i look at -- gen. hokanson: when i look at that, i'm not sure exactly what those consequences will be. that's something we will look at very closely when the budget rolls out, but any flatlining reduction at all will obviously have an impact on our readiness and potentially our equipment, maintenance, and also -- equipment maintenance and also facilities maintenance. but as we look to the future there's also other possibilities , there. when we look at our nation's need to retain certain capability and capacity, that there might be a time to really look at our active reserve component mix. two identify if some of our forces may be should be moved into reserve component or we can maintain that capability at a lower cost. rep. calvert: okay. i will look for to working with you on that and i will yield back and look forward to the second round. thank you. chair mccollum: thank you. when you are reporting, general, mr. calvert asked great questions. i'm looking forward to a breakdown on how much this is go

first, let's check in with kari with a look at our forecast. how are we looking? >> it looks pretty good, laura. we're starting out with the coastal fog that we've been seeing for the past few days, getting this beautiful shot of the golden gate bridge and the fog just rolling by. as we go into today, we're going to see some of our temperatures in the inland areas still heating up and looking at some 60s near the coast, but some low 80s for the inland valleys. by the weekend, temperatures heading up while the sierra gets rain. high temperatures today reaching into the mid-70s for san jose and 80 today in livermore. mike, how is it looking for the early morning commuters? >> kari, overall looking great except on the peninsula, breaking news. we have a crash and an alert from chp as we look at your map, you can see the green and the closure in alvarado niles which is overnights as well all week. the slowing northbound 101 north of the dumbarton bridge is because you're down to just one lane around woodside road into redwood city. it was a stall and turned into a cra

take a look around and really look one of the things you will notice. this is an awful lot of banks in chinatown. we're standing in front of a bank. we're across the street from a bank down the street from three or four other banks. we passed a couple of banks on our way over here. remember chinatown is populated by people who are working and saving money. these banks are not here. for major investors. these banks are here for small savings. people are working saving their money usually as a family group and they then expect to move up and out of chinatown the bank across the street city bank. has a chinese name most of them do? the city bank's chinese name is fog a young the flower flag bank they chose the oldest name of the united states to give themselves prestige. so it is the flower flag bank of the three names used for the united states. the first was fog a fagic war the flowerflight country. the second california generally is known as gunson or the mountain of gold. and now the united states is known as meg war or the beautiful country. because c

the air in your home may look clean to the naked eye but look closer,

look it won't pass. people on historical record as to how they're going to vote. the independent commission would be modeled on the 9/11 commission and not made up of lawmakers but independent experts and things like law enforcement and terrorism appointed by both parties. how contentious is capitol security? a house bill to give more money to capitol police barely passed. it would also harden doors and windows and create a quick reaction force. republicans who voted no said it was too much money. left wing democrats put themselves in the defund the police camp also voted no, said the exact same thing. it was too much money for police. >>> we're learning more about the president's test drive the other day, the ceo of ford says his team had no idea the president would drive the truck. they thought he was kidding when he asked. everyone laughed politely, he said, then realized he was serious. one of the stranger fact checks we've ever had to do, the head of ford also had to react to right-wing media which

quick look at the maps. highway 4 westbound lots of company making the trek out of pittsburgh into bay point and headed to concord, brake lights building on 242, it is 6:20 that's a look at the morning ridely. lyn n. >>> unbelievable when i was running today i thought it was a catastrophe. i thought what's going o. all the cars parked everywhere and i was like omg i have to fill my tank up. >> two hours on parts of the east coast waiting hours at the gas pump following the cyberattack shutting down the nation's biggest fuel pipeline. the pipeline is expected to be back up and running by the end of the week. according to aaa, average prices at the pump increased 6 cents per gallon last week to $2.96 an increase of 3 more cents would make the national average the r of 2014. >>> bizarre pursuit keeping in california county on toes next to kpix5 and streaming on cbsn bay area. how this pig kept eluding authorities until a family took over the next great flavor from wendy's is here the bourbon bacon cheeseburger

as we look ahead, we look at the range of options that china can actually turned two ans -- and lookingat story. a lot of the stories here, we might get a little bit of a pause. i will tell you more on more of these names, coming up. this is bloomberg. ♪ ♪ david: welcome back. some breaking news, bidens epa expanding the fuel waivers to blunt these concerns over shortages in southeast gas, and we are looking at more details right now. gas stations are running dry. a lot of this a little bit more details on this, the epa said to be waving lowball requirements, governor during conventional formulated gasoline in places like delaware, and also georgia. it just moves to address some of these shortages and we will get you more details. a good jumping off point for the next situation. when it comes to china, this is inflation, record-breaking rally. posing a threat to economic growth. authorities have flagged this as a risk, and coming with a dramatic jump and iron ore prices. it warned that it would punish unspecified -- but actually sent prices lower. we are a little bit higher today. let's

take a look. he also took some time panning the governor and promising fiscal responsibility open as he -- we have a budget surplus this year. he talked about his less than ideal up bringing saying he has more in common with the average california resident. >> my baa little ugly. i never met my real father. he left when i was a baby. my mom was ness a my business and delivery results. >> he said california doesn't have a moment to spare. the governor is up for election a year later. this afternoon cox is set to make another campaign speech outside the headquarters of tesla. >>> we first brought you that tour with john cox and the bear live on cbsn bay area. >>> an update out of rome where the jury is working on the fate of two bay area men charged with killing an italian police officer. prosecutors allege in 2019 that the then teen stabbed the officer with a knife he brought from california. they also say that his friend helped him hide the knife in their hotel room. the verdict could come later t

we've got sunshine and of course we've got this beautiful look over walnut creek even though it looks easy. notice the beauty of the sun icons. the reason i want to turn your attention, by about 2:00 in the temperature trend we'll be in the 70s today. it's going to be a stunning day, open up your windows, the air quality is fantastic. we're going to be good all the way from the north bay down to the south bay, and then it warms up even more headed into tomorrow. i'll have a closer look at your extended forecast in a few minutes. >> i'm so glad you mentioned that and i feel like this is your last chance to show your plants so maybe when we see you again in 20 minutes, you can show off your apartment one last time before you come back and cuddle me in the studio. we'll see you soon, thanks. >>> this morning, the cdc is looking into reports that a very small number of teenagers and young adults experienced heart problems after receiving their second covid vaccine. right now there are a few cases. the cdc says it's quite possible they may be entirely unrelated to the vaccine. "today in th

look at the column on the left when you look at infection, hospitalization or severe disease. although there is a significant degree of protection look at the difference between the first and second dose. 46 versus 92, 57 versus 94, etc.. next slide. this is the study rachelle walensky mentioned when you look at individual 65 years of age or older, you have an extraordinarily good effectiveness in fully vaccinated seniors at 94% as she mentioned, but when you look at the partially vaccinated people, a reasonable amount of protection but not nearly as much as you get from the two doses. next slide. here's a study i showed you at a previous briefing from employees at the university of texas out west. when you look at the percentage of infections they did not do well. you do much better if you are partially vaccinated but there is a 36fold difference of getting fully vaccinated versus partially vaccinated. next slide. when you look at the immune response to a single dose of mrna vaccines in organ transplant or cancer patients, very very clearly the single dose was not adequate. t

let's check with gianna for a look ali>> is as i look at our freeways. we are seeing a lot of green. that's good news. just a couple things, there is chp activity and fire crew activity north bound 880 at 80 as you head to the macarthur maze. an earlier vehicle fire, everything is out and being put over to the shoulder. just know it's out there. a blip on our censors as you work into the altamont pass, slight slowing west bound 580 around grant line. other than that the rest of 580 is very quiet. >>> i am anne makovec at the live news desk. a live look at the state capitol in sacramento, it will be a big day with the governor issuing the biggest package in history to the legislature history. it's called the focome back. he spent the week highlighting things with it with the tax rebate in the form of direct checks to californians, largest small business relief program in the nation as well as help for homelessness and public schools. he will present all of it at 10:30. we will be on top of it and carry it live on cbsn bay area. >>> bears home in the north

we looked at gold.ed at oil but of the gic sectors one area to consider is consumer staples. we know that they have the ability to pass on price increases to the consumer. they shrink the box and give you the same amount. they have a lot of tricks, so to speak. they never lower the prices. in any event, let's look at charts and figure it out together five in total. the first is the etf you can use to trade the s&p 500 consumer staple sector. the xlp. no judgments by me next chart, now, this is what my eyes see the lines we've broken out of, if you will, ever so slightly of this ascending wedge of sorts third chart, and this is where it gets interesting. this is a two panel. top is the exact same one-year chart of the xlp we just looked at twice, but the bottom panel relative performance to the spy. yes, we know staples are going up and there have been a very bad performing relative to the market, but they're starting to base and actually outperform the s&p. and you can see that double bottom that i've a

look at urban.ng significant increases and you have anthropology that should benefit for women going out and gathering again and then you have the core urban business, whether home or jeans they are resonating. all three brands or all three companies didn't have the discretionary spending power of the consumer last year and they have in this era reduced expenses and extreme on their portfolios which allows them to be more profitable. i think while essentials are strong at 2020 and are still doing well in 2021 the comeback kids will be the discretionary players. jack: not many people know this industry like you do, dana mayorkas, thank you for your insight. >> thank you. have a great weekend. jack: you two. surviving this shortage of everything, the bicycles, semi conductors and foods, everything is in a short supply. how long shortage is my last and who stands to profit, that is who stands to profit, that is welcome to allstate. ♪ ♪ you already pay for car insurance, why not take your home along for

let's look at what is driving the acti

economy we need to stop looking short term it would really looking at a popular resort and look at. the way the pandemic is opened our eyes to the injustice around the world it's also showed us the humanity that goes all around the world and i think this is totally the wrong step is but it's populists and it makes no economic sense whatsoever i understand what you say there are a but is there an argument just if you look at figures and how much debt the u.k. is in surely if they say look surely we have to tighten our belts and look after the people within our own country 1st is that really short termism i mean it's a lot of people that would that would make sense. well we'll get out quickly now actually outside the. book we are the use of what makes a very very big impact on the u.k. economy of course it does but you've got to realize that these children come from families who as they grew are going to be consumers of partition goods these are people who are going to be the tourists of the future these are going to be people who come to working out public sector people who come to w

what he looking at next week?th the way things are in the data points coming out in their flying all over the place were getting beat by extreme numbers i'm looking at every point that comes out next week we have jobless claims, housing numbers but all the macro data is very volatile so it's really hard to look at anyone number and say this is what's going on, for right now i'm holding on to the sectors that benefit from the strong economy, energy, financial, material, over tech and growth. jack: that's a very important reminder don't look at what number you think you can extrapolate from that, tomorrow a different number will come out. eric savage writes in this week's barron's that the stay-at-home trade is over, what are you looking at there? >> definitely i think we can say the trade is over yet the guidance from the cdc say people who have been fully vaccinated don't need to necessarily wear a mask even large cities had reopening plans or easing restrictions going into effect next week certainly in new york c

that's look at your sports. flores, have a great sunday. >>> after more than a year, most california schools are back open. 9,000 of the state's 11,000 public schools reopened for in-person or hybrid learning with students still splitting their time between the classroom and distance learning at home. but like so many inequities and how covid-19 impacted people, some students have suffered more than others. nbc bay area political analyst larry gerston joins us. hi, larry, good morning to you. >> good morning. >> if you could sum advise, what have we learned over this past year? >> kira, the numbers tell us a lot, as they often do and now we're focusing on dropouts, folks that got last between the cracks. it's true, we don't think about them sometimes. statewide this past year, 155,000 students, 155,000 students throughout the state left. they left school, that's five times the number that we usually see during a year, and when they're dropouts. where do they go? some have gone on to home school, yes. some have g

it looks — to be honest with you, it looks like a nuclear bomb has gone off, it is so bright! stars with no context around them, they are just dots in your photo. there is nothing better than actually putting in a bit of artistic composition and adding in foreground objects, because it gives everything a beautiful context. this is incredible! it is a really, really bright, really powerful image, i would say of the night sky, but it almost looks like daytime. and ifeel like i am a professional photographer, even though i am just using a setting on a smartphone. one thing to bear in mind is when the moon is full, the brightness will make photographing stars rather difficult. we actually got some better shots a few nights later, before the moon was up. and now, to the huawei mate pro 40, which has something called light painting mode. this simulates a very long exposure shot by taking one photo every few seconds and stacking them together. the results are stunning. and itjust makes you realise that we are on this object that is moving, that is hurtling through space because, you

look how cute he is.ing from kindergarten in oakland and he hopes to become a firefighter one day. congratulations to amir. is he so cute. we love seeing all of these photographs. please send in your grad's photograph or tag kpix on social media. no professional photographs. be sure to include their name, city and a little about them. >>> the united states discouraging travel to japan as the olympics approach. >>> and coming up today on the drew barrymore show rachel rey and martha stewart and the best folding technique. that's all today i'm morgan, and there's more to me than hiv. more love,... more adventure,... more community. but with my hiv treatment,... there's not more medicines in my pill. i talked to my doctor... and switched to... fewer medicines with dovato. prescription dovato is for some adults who are starting hiv-1 treatment or replacing their current hiv-1 regimen. with... just 2 medicines... in 1 pill,... dovato is as effective as a 3-drug regimen... to help you reach and stay undetectabl

look at that backs. you can see that we're starting to see just a little more than we did in the last couple of hours, as you can see, that fog rolling in here along the berkeley hills. we're checking out our foch asked and looking at the visibility. you can see things are improving. we were down to 0 visibility and a lot of places like oakland hayward right now looks like san francisco and along the coast, you're getting the bulk of those pockets of low visibility. we can see a lot of that gray moving into that coastal wind bringing it. now it's out in san jose and fremont to your experience and some gray skies as well. looking at your current temperatures as you hit the door and head outside half bay the civic along the coast. upper 40's. there. 55 at oakland-alameda dublin mid to lower 50's out in pittsburgh 61 the final 52 in petaluma. let's hit the roadways, though, as you head out the house this morning and you make sure you grab your coat. looking at the bay bridge right now as you're heading into

look at that 65 by the delta. fairfield with the gusty winds already and as we look at the winds check out mount diablo. 65 miles an hour north winds. the golden gate bridge. lot of sun. near 90 inland. cool and windy at the coast. >> l ght.k youn. thlls valls tre is weend can really see why these bone dry brush just everywhere. abc7 news poer has a look at how fire crews are getting prepared. >> a 2020 the earliest red flag warning was in july. according to oakland's fire spokesman michael hunt this year we are saturdaying two months earliful. >> what with we are seeing very scary and severe. >> from 11:00 p.m. friday through 6:00 a.m. monday, the east bay hills will be on the highest alert a red flag warning. 15 miles an hour winds and dry conditions playing a key role. joaquin miller park closed until next week. >> you will see rov ing patrols. we prepositioned multiof muttible wind land item around the city to respond to any report of a vegetation fire. >> there are over 20,000 resident who live in oakland's h

it looks like this is the eighth day down >> look, it's happening. the transitory period of inflation that jay powell talked about, it is proving transitory. the only part that is not, is freight. and that's because there is a shortage, and there is a demographic issue. a cutdown in immigration, the number of people having kids in the country, and i know that's far range, but that's where the shortage is, and i don't think jay powell, david, this is just my own view, but you can disagree, jay powell can't create humans. [ laughter ] >> well, i mean he could have created a few of his own, i guess. his children. >> but we're not going there >> no. >> but i'm just saying, the last bastian of inflation is getting goods from here to there, and that is really causing the supply chain problem becky asked a great question to brian cornell about the ships coming in, with all the goods in l.a., and brian said, look, he doesn't have a problem, he's got scale. >> you're talking about this, but i'm looking at this, i mean 34%. i'm looking at the significant fall

let's look at the guardian. chair of the bbc trust. the suggestion is that there would be some kind of editorial board to provide oversight which will have a lot of people inside the bbc scratching their heads because we seem to have a lot of managers who were tasked with that. yes. seem to have a lot of managers who were tasked with that.— were tasked with that. yes, again, i a . ree with were tasked with that. yes, again, i agree with what _ were tasked with that. yes, again, i agree with what susie _ were tasked with that. yes, again, i agree with what susie said - were tasked with that. yes, again, i agree with what susie said there, i agree with what susie said there, because — agree with what susie said there, because i— agree with what susie said there, because i don't think it should be used _ because i don't think it should be used as_ because i don't think it should be used as a — because i don't think it should be used as a general stick it to the bbc, _ used as a general stick it to the bbc, and — us

please. >> we are looking for past life and we are looking for ways where it looked like 3.5 billionor earlier so we are not looking for current life. smack you are looking for dead life? >> exactly so we are looking for a fossil fingerprints of fossil life and i can actually show you some examples of rock that would tell me just based on their shape that there must have been some life there and that's probably the holy grail of what we can hope for by this mission but he could as we are looking for life from everything we know about life in a microbe real we will have to bring them back and analyze the samples and one person looks at one sample with one instrument it says oh i think i see a form of microbial cell but there will be another that has to look at the outline and say yes there is carbon in their and one will say yes we see some infiltration in living organisms and someone else will measure the state -- shape in the size and its features and say oh yeah they really are persistent and it could be just oiled bubbles are some asteroid that delivered some material so it's an e

to facebook and look to educate. and then we look to the board. we agreed on a lot of things. we agreed that it was right that facebook decided to remove mr. trump from the platforms, and you could also see the decision that was a minority decision. and i won't go into the details, but one of the minority positions was, we should not only have looked at the sixth and seventh posts, we should go back to mr. trump's earlier post and what he was saying many months before to understand the full case, the minority position or the majority felt we should keep it narrow and the two posts that made facebook take that decision. >> in the end, how decided would you say the board was on this final decision? >> well, we are very happy with this decision and there was a majority that adopted this decision and the minority decision you could see. because we're very transparent. what took us a long time was of course, we got a point of view from the user, mr. trump, and facebook, and got almost 10,000 comments in this case. and all

sky as we look to mount diablo.he 50s. it's a mild start. oakland 55, 52 livermore, san francisco, santa rosa, mid 50s for san jose with clear skies. checking our winds, many locations especially at ground level, calm to light conditions but it's really in the higher elevations where we are tracking strong gusty offshore winds. that's why this is a big concern as we head through today and into tomorrow. mount st. helena, 64-mile per hour wind gusts, mount diablo, 56. the fire weather condition for our north bay mountains, east bay hills and valleys today and into tomorrow. that's the reason why we have the red flag warning in effect for areas highlighted in red actually extended until 6:00 p.m. tuesday due to the offshore winds dropping relative humidity values down to single digits. this is a big concernas we head through the next couple days. everything is just so dry out there. northerly winds, gusts 40 to 50 as high as more than 60 miles per hour, retim humidity values plummeting to the single digits. with offsh

looking really good out there. i know some of us have enjoyed this cool down that we saw this past weekend. others of us are ready for it to get just a little bit warmer. now the rest of the week is gradually going to be getting that little bit warmer back staying relatively cool considering what time of year it is. >> now the first thing you'll notice stepping outside this morning. it's a little bit on the brighter side out there. we are looking at a bit of a brighter moon this morning. and you can see that evident right above the east bay right now in your berkeley hills, cam going to be a bit brighter tomorrow and actually glowing a bit red as we look at a supermoon eclipse right around the same time it will be peaking at around 04:15am. tomorrow morning. so something to know for early risers. if you are going to be up at the same time tomorrow, make sure to take that extra chance to look out the window so you can get a view of that supermoon eclipse will be growing going kind of a crimson red right around this

so look at this. one of those neighbors actually shot video of the bengal tiger on the prowl roaming that neighborhood. an off-duty deputy showed up, led to a tense confrontation with the cat's owner. authorities arrested the tiger's owner yesterday. he was already out on bond for an unrelated murder charge. just as importantly the tiger has not been found. >> oh my goodness. >>> the california governor's race kicking into high gear. next the controversial issue candidate caitlyn jenner is now weighing in on. this unplugged device is protecting our beautiful coastlines and more. put off chores and use less energy from 4 to 9 pm to help keep our state golden. >>> he said he was robbed for his watch and that he tried to take his wallet. >> right now at 5:30, another disturbing attack in the bay area against an elderly asian man. what the suspects got away with and the action the state's top >>> moving into yellow, the bay area county set to head into the least restrictive coronavirus tier today. we're b

a live look outside in north san jose. the sun is shining ahead of a very sunny mother's day weekend. thank you so much for starting it with us. i'm keira clapper. do not just your televisions. i had to adjust my eyes. vianey is off for some well-deserved time off this weekend, but meteorologist rob mayeda is here, physically, back in the studio. the first coworker i've had in 14 months and i'm literally looking at him, i don't know, 12 feet away. >> so close. as you said, 14 months. >> so close, and yet so far. great to see you. >> likewise. and we've got to come through for keira and the rest of the moms this mother's day weekend. temperatures will be really warm around the bay area, but that will cause issues for some of the hilltops and fortunately with the red flag warnings. for the morning, we have these cool temperatures, 51 degrees currently in san francisco. east bay, walnut creek, 53 degrees. and our final stop takes us to san jose. more of those clear skies at 52 degrees. watch these temperatures, going from the

a lot of analysts looked at microsoft, they did their numbers, did their models and looked at the stock and revised their models down. they are what i call cowards apple, i mean we have people talking about apple. first time of -- >> that's b of a today first sign, you are going the b of a. >> i happen to like wamsy who is always asking smart questions oon the conference call. this was the only piece i saw that made me doubt apple i thought it was high quality. i'm not backing away from the faang trade. the weakest was netflix but there was such a thing as covid. those that want to leave the trade, i think they want to leave the trade over and over again because they just want to be in something obscure. i don't like obscurity i like fame! and these are fame. >> so does farmer jim, right i mean, look, jim has bought more apple, at least two times over the last six to eight weeks, and it is not just bank of america who is questioning what is going on with apple and the services part of its business remember, katy huberty, the number one ranked analyst, just yesterday, farmer jim, took he

thank you, i look forward to questions, it is good to be back with you and i look forward to doing this in person. >> thank you. next, you are now recognized for five minutes to present oral testimony. >> members of the committee, my name is michael and i am ceo of this c trust corporation. cc relating hearing including national security corporation to. i appreciate this opportunity to speak to the committee. in my line of work, the best days are nothing too exciting happening. it is an organization, reliability and the market. on a normal day, 200 million sales for $2 trillion. it's reduced to about 1 million securities and 35 billion, creating significant deficiencies in the market. buy or sell stock, it's two days to trade to be complete. trade date plus two days. a lot can happen in those days and create a risk of the buyer or seller. because they don't have to worry about that.es clearing protects post both. they can stabilize markets over time. if they're not sure what they get or agree to, every market participant with everyone else in the market. that's where this comes in. your

this is a look fun quadcopter 4 showing you what phoenix a lake in marin county. looks like. now, this reservoir is one of 7 in marin county that provide drinking water. you could just you can see just how low the water level is. so today the water board will vote on several new restrictions now, this includes limiting the use of your sprinklers to 2 days a week and limiting drip sorry, drip irrigation to 3 days a week. now the board is also considering requiring covers for pools and spas. now some of these restrictions are already in place like was saying she's already doing her part. so they're like, of course, book banning the washing of cars at home and power-washing homes and businesses also prohibited from doing it from you guys doing that as well. now the board, the cleric a water shortage emergency last month. now today's meeting or hearing is at 7.30 in the evening. now this is also being held virtually so you can join either by zoom or phone or you could go to kron 4 dot com and click on a link and join the meeting tonight. there will be a portion of the meeting wil

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>> that's an interesting concept, mel, because when you look at these banks, i think -- we are looking at what everybody's talking about, the investment side of thing, because of the trading, the volume, and a lot of things, a little bit less about where the rates are, i think, anyway but it's an interesting thought. i think, going forward i look at how inexpensive i feel like they still are, even though we had that run from november until now, i'm not talking about jpmorgan, i think there's other levels of banks below that where you can find much better value and yet i think there's a nice gap that they can make up and start to catch up. maybe not get all the way up to where jpmorgan is but something very close i think there's a lot of different names out there. when you look at capital one and they got all that credit card side of things, in terms of revenue. yes they still have that bafrpging side -- banking side that has been extraordinary. so depends are we talking about financials, banks, about a goldman sachs or morgan stanley or a jpmorgan or mank bank of america. a lot of ways

to sort of look. and trying to look and see if i can see anything to the. mind that i was really at the feet of the only look what i did yes indeed there you go see it's finally now i think it's time to get someone from want to underline the. charging time and energy to. charging powers 100. words at the charging power of the current one on its $33.00 m. pair. and we have $775.00 voids voyage using the. he does this confusing me and. you have to become a professor to understand this game we both want to win so hopefully we've got our fingers crossed we're facing outcomes and the dolans would say and we're hoping to make a bet in time so i started know. you should. take it all baby. dad was crazy we saw the day you broke so tragic that i'm 20 minutes on the road would you think this one energy delivered. is that of the a situation. let's go we have bank. 76 percent. but we lost your friends will. come along with us a lot of times. let's go back through keep. those like if we always have a gap of 20 minutes that is if we always make up 20 minutes and then cha

if we look at history, even though we only have one taper to look at, they did not use several meetings to discuss it. they want to be able to announce tapering. we think the data for now will point to later, even though we expect strong growth. we think that the fed will not be quite confident. the discussion is going to continue and that will give them the option to say we are tapering, this needs to happen, and that is that. taylor: some of the about-face came from kaplan. raphael bostic weighed in on the volatility, expecting more along the way. rafael: i am expecting a lot of volatility. in the last several months, we have had data points that have not met up with expectations. that is to be expected. we are going to have to do extra work. taylor: george, are you expecting volatility? how do you manage volatility? george: you have to expect volatility because your year-over-year comparison is low, but your baseline effects will be crazy. as we resume the normalcy, you are going to have on venus in the data. you are definitely seeing some pumping this in the data. overall, you are s

take a look there.ther it's merely just a pause. >> that's incredible, dom, thank you. >>> the legacy automakers aren't too far behind. at the famed ford rouge plant. they'll be building the f-150 lightning, the all-electric f-150, they'll be giving more details. right in -- about the need for the country to do more how we handle the next four to ten years. >>> this is an incredible facility that's the lightning as you look at shares, they are investing $22 billion through 2025, a good chunk is already been invested, all of that going into the development of electric vehicles by the way, we'll be talking about ford's ceo jim farley thursday morning on "squawk box. we'll talk about the big reveal tomorrow night at the ford headquarters volkswagen is the apparently company of lume bore ginni, which is known for selling cars with great internal combustion engines, they're going electric, with a hybrid model by 2024, a fully electric model, really doing the full transition by the independence of the decade

look at the unit guides. look at the outline and make sure you understand the specific terms listed. the college board lists the 13th, 14th and 15 amendments. they talk about the compromise of 1877. those are key developments to make sure you know so you are ready for reconstruction. host: matthew, we have a student who texted you specifically this question. this is a u.s. history exam but they want to know how much they need to know outside of it. how much information do we need to know about the history of foreign nations? for example, the details causing the collapse of the soviet union. thank you. guest: great question. not much when it comes to outside. there is so much with in u.s. history. there are benefits if you know outside material. it makes it easier to contextualize your argument. it makes it easier for students to make connections and easier to show sophistication necessary terror and the complexity point. i would encourage students, including the one that texted me to focus on u.s. history. th

looks hazy.ll come through. live look now using our underground cameras. in through the interior valleys, we're also expecting a decent warmup for today but 51 for san jose. take a look by 11:00, 12:00, upper 60s, eventually hitting the 70s. let's look at the doppler now. we have not necessarily seen a ton of rain here. a little up in the north bay. activity yesterday and, of course, the sierra got some thunderstorm activity. rain as well. for us here, looks like we will remain dry for the most part but it's nice to at least see some snow and some rain activity in the sierra area. south lake tahoe, honestly, i just wanted to show you the shot with our underground cam. it's serene. look at the clouds up top. fantastic way to get our saturday started. 70s, warmer, not going to be as windy but it will still be breezy heading into the afternoon 6789 northwest winds at about 14 miles per hour. into the east bay coming up the southwest, 12 miles an hour. walnut creek 75, oakland 76. around the peninsul

take a look at a live look right now. you can get a better look at the swat team right now. looks like they have a plan in place. they are pointing over here, pointing over there. they said they have him in this perimeter. >> they don't think he's going to get out of the perimeter

that age of woman has a lot and constitutionality that yes i look at evey gear i look at and see if you get a ling get people sure miley that you missed that will be more practical you played an important role in the sentence and conviction of opposition leader leopoldo lopez do you think there was a case against him and a case against many of the government's political opponents or was this a setup its own then i get your a level going to see nothing as it is some. ministerial. 50 gallon minnesota look for you got this song on don imus and thought of more like this is your mess yet saw a full no less the local court room is still in the in dog you see to see the yamaha and not only that but i see the end of it by local money in a cool cycle you're right to say water. below cali if you see yourself been in the . last galus act the one called bassett. alley got a little while ago and now this cd get thought out of the galleys act one there were a look at mystic i feel you know what i mean the last week ali had gone and sis get them being separate i'll say so but i don't know if they can

you can also look at how 5.80 looks great as well. this morning. but look at that fog. we're seeing visibility really impacted along the golden gate bridge still solid 90 minutes to make it into the city. however, you just want to be mindful of that fog. give yourself more time and leave the house head into the city to that free much to exit. the metering lights are still off. so it's a little under 9 minutes for travelers there leaving you with a look at the san mateo bridge as you head across towards the peninsula under 14. we'll have more on next. aria. back to you. thanks a lot. 5 16, 2 california police officers have been shot and killed. this week. >> happening less than 24 hours apart. stockton officer was shot and killed yesterday morning. officer jimmy in shot while responding to a domestic violence call and the a second officer at the scene shot the suspect stockton pd says the officer in and the suspect were taken to the hospital where they both died officer in leaves behind a wife and 3 children. his wife is also a stockton police officer. >> in the east bay

that is a live look at how they use. you have to look at. was 17 years ago that we say that. >> pretty frequently. yeah. wow. and i got to say, like i'm still i'm just still has a broad probably is trying to get over the breakup because i loved that they were so perfect. i power just put never the workout. stay do together and the instruction, the coaching she give him about how to i loved that when she told him how to explain she though she gave him a tutorial they hear this a baby. yes, this is what was got up there. i love that. i love that. so yeah, that will never be the same for me and i'm sure it's a whole different ball of wax. now that you think about what affleck spin married. they're different parts of their lives now. yeah, maybe to work. now you're all caught up. that's the bus. 8.24 new this morning. the dmv has made it easier for you to get a real id. >> you have until may 3rd of 2023 to get caught up and you need one of these to fly in the u.s. and want to carry a passport around to apply for a real id. you don't have to give

as you look at the fed's mandate, they are looking at full employment and looking at achieving that sortot in inflation. for me, jobs are what they care about most. there most focused on ensuring that this recovery is an extremely strong one, so it pickup in wage growth, if that plays out over the next few months, according to the signs we are starting to see, that for me would be much more difficult for the fed to class as transitory. anna: even away from the cpi numbers, are you seeing signs that make you think we need to be more concerned about inflation? you talked about wages. i know you have been looking at the nsib data and it does suggest that there are more jobs that are hard to fill and companies are considering raising wages. i wonder how transient that conversation is, though. i know the unemployment benefits story in the u.s. might shift considerably in the fall. how are you thinking about that wages story? hugh: for me, this is really putting businesses in a tight spot today. because they know that they really have a choice. they can either decide to pay up now, to ramp up