in a story you'll see only on nbc bay area, our business and tech reporter scott budman shows us how our silicon valley past is tied to our future. >> reporter: this is erma, a piece of technology that changed the way we send and get money. >> erma was the first computer banking system. >> reporter: 60 years later, erma is coming home. >> the checks fly through here at over 100 miles an hour at this check sorter. >> reporter: speed and power the likes of which we'd never seen before, erma, which stands for electronic recording machine accounting, was developed at the stanford research institute and used by bank of america, enabling america's postwar economic boom. >> because it was the first major application of computing to business, to a serious business problem. >> reporter: that's because before erma arrived, banks actually closed every afternoon because the humans that worked there had to process all the checks and statements that came in every day. once erma got on the scene, it did the work of 2,500 people. but at the same time, it allowed the banks to stay open longer, add mo

our business and tech reporter scott budman is tracking it for us. scott, what type of tech are we talking about? how is it going to make things go faster? >> this is technology that already exists. facial recognition on your phone or device, which we already use, even to turn the device on itself. the dmv is working with some companies to make, eventually -- this has been a goal of the state for a long time -- a digital driver's license. instead of having a physical driver's license and having to go to the dmv, you would have a driver's license on your phone, it would recognize you, and you could do anything that you do at the dmv right there on your phone. imagine not having to go and wait in lines and all that stuff. that's sort of the promise of this technology, making everything faster and more convenient. >> i think a lot of people like to hear that. >> yes. >> so you talked to ceos of companies trying to digitize licenses, you talked to a ceo of a private company, what are they saying? >> one company is saying, we want to move this along, they

. >>> i'm scott budman. in order to the ev revolution to really take off, these chargers have to work all the time. just ahead, meet a startup tasked with fixing them. >>> some good news if you're shopping for a used car. prices are still dropping. we'll tell you by how much and the reason why. >>> i'm chief meteorologist jeff ranieri. san francisco even got a break on the fog. i'll show you how much more fog is on the way. updated thunderstorm chances and a look at that smoke hitting the east coast. at kaiser pepermanente,, wewe care for r all thosee who o make your r family, well, yoyour family.y. that's whyhy all of us worork togetherer toto give themem the care,, and caringng, that anyny familyly would. kaiser p permanente.e. for r all that i is you. andrade road at 10:00 a.m. after that big rig crash. look how many cars are lined up. huge backup. the semi was carrying two trailers with what appeared to be garbage. it did take hours to clean up, but again that freeway is open. another crash, a big rig sc

our scott budman was at his stop on the peninsula. scott's going to be joining us with what's on the president's agenda today, including some fund-raisers tonight. >>> also, cracking down on illegal fireworks. contra costa county has a new plan to catch people setting them off. that plan includes you, all of us, and our cell phones. >>> and celebrating juneteenth in the bay area. we're going to be taking you to the event that brought out hundreds of people today, including some prominent civil rights activists. >>> but let's go ahead and begin with chaos and terror in san francisco. that's how some are describing the rolling gun battle along one of the most popular tourist hot spots in the city. when the smoke cleared, six people had been injured, including four innocent bystanders. this all happened just before 7:00 p.m. yesterday along the embarcadero. according to several witnesses who talked with nbc bay area news off-camera, it started when people inside a dark suv and a white sedan started shooting at each other near pier 39. two

scott budman taking this picture. he's got a telescope. hooks his camera up to it. comes in with these outrageously astronomical things. he says it reached fulbrightness last night. strawberry moon gets its name from the time of year strawberries become ripe. strawberry moon. >> it's awesome. we look to scott budman's twitter. >> and he is mayeda telling us the gray. >> if you wanted the heat you got it this weekend around concord and fairfield. but things are going to change for the cooler, starting tomorrow. right now 73 degrees. no fog around san jose or livermore. this was one location close to 90 degree force a high. now to 83. northwest wind at 14 miles per hour. still in the sunshine at san rafael at 77. across the bridge, got some ocean air conditioning. high today only low 60s. we're going to see temperatures from here for inland areas cool down with more wind tomorrow and more cloud cover. the morning starts off very similar. low clouds, locally inland for the morning changing briefly to partly cloudy skies for the outnoon. afternoon. next couple days we'l

here's our business and tech reporter scott budman. >> reporter: one week away from state regulators voting on whether to let autonomous cars expand their services in san francisco, the city's fire chief told us she'd rather they hit the brakes. >> i'm not anti-technology. what i am anti is getting in the way of public safety when we're trying to do our jobs, and that's what's been happening time and time again. >> reporter: chief jeanine nicholson says the driverless vehicles from companies like waymo and cruise are literally getting in her way. most recently on june 9th when a cruise vehicle stopped on its own near a shooting in the city a mission district. but the fire department says they've logged nearly 40 incidents with robo taxis since january 1st. >> because we've seen these vehicles run over our hoses and get them caught in their wheel wells. we've seen them stop in front of two different fire stations now, blocking our fire engines from getting out onto calls. >> waymo and cruise say they continue to work on refining the vehicles and improving their safety records. and whi

here's our business and tech reporter, scott budman. >> to making sure a.i. systems are safe -- >> reporter: when president biden talks a.i., he typically talks about potential benefits in areas like health care, which is where we found avenda health using artificial intelligence to better detect cancer. >> we use a.i. to map clinically significant cancer and to help patients make better decisions about what they should do for treatment. >> reporter: spun out from ucla and currently part of a study at stanford, avenda aims to make health care more efficient. >> it also was found to be superior to mri. the standard of care in finding the extent of tumors for patients with prostate cancer. >> a.i. is already driving that change in every part of the american life -- >> reporter: the other big a.i. focus for the white house, security. and with machines capable of learning to automatically text and email scams directly to our phons and email, patrick carr, ceo of bay area-based flash next, says beware. a.i. also makes scammers more efficient. >> that's exactly wha

. >>> i'm scott budman in the south bay where some desperately needed low-income housing just opened up. we'll tell you what's ahead coming up. >>> i'm chief meteorologist jeff ranieri. 74 in san jose. a mix of sun and some high clouds. we'll talk about the heat, also the major weekend change that's in store for us. >>> ready? tomorrow the u.s. open tees off from los angeles country club. watch the action on nbc bay area. coverage starts at 5:00. we're streaming you local news at the same time on roku and other streaming platforms. ♪ whenen you startrt a business you u put everytything into o. hackckers know t that smalll busineness owners s are busy. they donon't always s have timeme for cyberersecurity,, which h makes themem vulnererable to cycyberattack. ♪ -that's s why the gogoogle toolols they usese every day are secucure by defafault and why y small busisinesses across thehe country are enrolllling in goooogle's cybersecururity workshshop to leaearn the basasics of c cyberdefensnse. ♪ you built t it, wewe'll help y you defend d ! ♪ >>> first lady dr. jill biden is wrapping up a

as bring in scott budman. first of all, tell me the price tag. i always like to start bear. >> reporter: that is the big thing. $3500 to start with. that is not for a piece of apple hardware. >> this is a vr headset? >> reporter: exactly. it has some barriers because we have not been all that used to it yet. and it has a high price. apple calls it vision pro, a virtual and augmented reality has set this one wants to immerse you in movies, in meetings and even some brand- new apps. apple calls it vision pro, a mixed reality had set and even before it hits the market next year, the prototype drew a huge response from the crowd inside this the jobs theater. upstairs, another crowd gathered around tim cook, when he should up to me developers. apple says it's newest piece of hardware aims to be an immersive experience, bring you inside your favorite movie, vacation or work meeting. >> at the end of the day, it is one of the most impresses pieces of technology i have seen. you just take this and give great technology to developers. >> reporter: will pe

scott budman will break down the numbers and explain. >>> and speaking of paying more, your pg&e bill is going to be a bit higher starting today. the utility is now charging summer rates, and we'll explain what the rate plans are. >>> and welcome bay fc. the bay area is home to a new professional woman's soccer team. today the unveiling of the team name, team colors, team logo, and when the first game will be played. >>> first, the man accused of stabbing a chinatown bakery employee in san francisco faced a judge today. fook poi wlchlt ai appeared in court with an interpreter but did not enter a plea. the arraignment was delayed until june 27th. the 61-year-old is accused of stabbing a worker at aa bakery on stockton street in san francisco on monday. witnesses told nbc bay area that a man stabbed a woman several times. she is suffering from life-threatening injuries. a motive has not been released. prosecutors asked he be held without bail because of the public safety risk. a deputy public defender spoke about the suspect's criminal past, which includes an attempted murder conviction

. >>> business and tech reporter scott budman is working on a story for our 5:00 p.m. newscast. this is an interesting story, scott. this is going to be helping a lot of people in the future. >> yeah, audrey. as we transition to evs, electric cars, we need the chargers and we need them to work. tonight, we'll tell you about a startup that is literally getting venture funding in order to repair and maintain ev charging stations. that is something that's going to be very important in the near future. >> all right, scott. looking forward to that, thanks. want more e from your r vitam? get m more with n nature's bob. from t the first-e-ever tripe actition sleep s supplement.. to daily d digestive s suppor. to more wewellness sololutios every daday. get m more with n nature's bob. >>> look at that, heavy smoke blanketing large parts of the east coast. the skies over new york from earlier today. that smoke coming from eastern canada where wildfires are burning. haze has triggered air quality alerts across the northeast. air quality in new york city hit 340 on the air quality index scal

that's what health and science is all about >> our thanks to scott budman from our nbc san francisco station. >>> in israel, five people were killed in a shooting at a car wash outside nazareth in the country's north. one of the deadliest shootings in modern history and the latest incident of violence plaguing the region the perpetrators have mainly been palestinian citizens of israel and police have been accused of not taking organized gang violence seriously. benjamin netanyahu issued a ststatement sasaying h his govo is deterermined to stop ththe c of murdersrs >>> ukraine's long-awaited counter offensive against russia has begun. the region of sam zaporizhzhia is seeing increased fighting >> we've also discussed our unwavering support for the people of ukraine. in ukraine's military is declining to comment in line with the policy of not publicly announcing an offensive. ukraine has now started a significant new assault to push russia back to the east. observers say it may be the country's last chance to make significant gains on the battlefield. >>> the big story this week, the s

once we got the tip into our newsroom, we sent scott budman to find out what is going on. what's the problem here? >> okay, so here's what's going on. there is this girl scout camp at hunter park in woodside. and what happens is, recently woodside passed an ordinance that buses over 35 feet long cannot go up into the hills in that area on certain roads for, they say, safety reasons. that's the bus, 100% electric, good for the girl scouts. that bus is 39 feet long. that's what they tditionally use to go to camp. so they're worried woodside won't budge. camp starts a month. they just found out about the ordinance, the girl scouts say. they're trying to deal with the city and say, we've got to get these girls to camp, it's safer than having all those cars. >> oh, sure. and, you know, if you've ever been to camp, you like to be on the bus. >> of course. >> they're trying to come to some sort of an agreement to let the girls take the bus to camp. >> so they're in the middle of this -- the middle of talks. you got to speak with some kids, parents? >> yeah, the parents, there's s

our business and tech reporter, scott budman, just got done talking to the chief. what is she telling you? >> she's asking for a pause on the driverless cars. you see them all over not only san francisco but the bay area. >> ought the time, yes. >> the streets of san francisco a battleground between officials, especially safety officials, and driverless cars. the fire chief is saying they're just getting in the way. we've heard of a couple of those instances. the fire department saying it's filed nearly 40 complaints since january 1st. this is one, june 9th in the mission after a shooting. a driverless vehicle stopped, took up one of the lanes, didn't keep the responders from getting to the people that they needed to get to, but it was a little bit dangerous sitting there, taking up a lane. >> i know you did reach out to weymo. were you able to hear back from them at all? >>>> yeah, t they say they'y're willing g to work wiwith the ci and a are workingng witith the alreadady. they s say they'rere proroud of safety r record. ththey claim,, and a lotot of ts will t t

scott budman will join us with an update. >>> also, who attacked her behind bars? candice nguyen is investigating a jailhouse beating involving the mom accused of throwing alcohol-fueled sex parties in los gatos. >>> no sign of the missing sub. "the titan" vanished on sunday about two hours into its mission to explore the wreckage of "the titanic" with five people on board. that's 435 miles south of newfoundland. time is of the essence because the sub only has about less than 40 hours of oxygen left. today the coast guard said it searched 10,000 square miles so far, but a spokesperson admitted it doesn't have the necessary capabilities and are working to get crews on scene that can help. >> getting salvage equipment on scene is a top priority. unified command is working through that to pryer on tithe what equipment we can get there. there are ongoing operations right now via the u.s. navy and trans com to get equipment staged in st. john's, get it on scene. >> deep sea mapping company magellan, famously known for one-of-a-kind deep sea imagery of "the titanic" is a

our business and tech reporter scott budman tweeted out the details today. retweeted it and put it on my instagram as well. the numbers, i mean -- it's kind of shocking. to some, maybe not so much. it's a lot of money. a lot of families don't have it. >> you're right, audrey. kind of a double gut punch from the united way bay area that tracks these things closely. they say about $120,000 a family of four needs per year to make ends meet here. that's a high number. they say roughly one-quarter of all working families struggle to make their daily needs. again, those are two figures that really hit hard. $120,000 goes much, much further literally anywhere else in the united states. but here in the bay area, as they say, it just doesn't cover 25% of families. >> 1 of 4 families in the bay area struggling right now. we all know a family who's really strugly at this point. >> you may think, two incomes, $120,000, a six-figure income, yet it's still hard. as we know, the culprit is housing, largely. housing inequality, the shortage of housing that has led to high p

we always get a beauty because of our very own scott budman. we have the next best thing for you.is a business tech reporter right here at nbc bay area and our resident astronomer. >> yes, he is. >> nasa says the moon reached its full brightness last night but will appear bright and full tonight. you should be able to spot the bright star antarese just to the right of the moon. the strawberry moon gets its name from the time the strawberries get ripe. >> they named the moon after something that makes sense. >> i think so. >>> coming up, a guinness w is i it possiblele to protecey bubusiness frorom cyber ththr? it is,s, with comcast t business.. helpining every coconnected device s stay protecected. yoururs. your ememployees'. evenen... susasan? -h-hers, too.. safe. . secure. and d powered byby the next generaration 10g n network. with comomcast busininess, advanced s security isisn't just possisible. it''s happenening. get stararted with f fast speeds andnd advanced d secuy for $49.9.99 a monthth for 12 months.s. plus a ask how to o get up o a $7$750 prepaidid card with quaualifyi

. >>> let's go to scott budman now live in the south bay. t, we have been warning people all week. you are live in morgan hill. were people ready for the heat today? >> reporter: yeah, they were. you know, morgan hill, they expect it to be even hotter than a day like this. surprisingly, after almost a whole month of summer that was cool, they were really glad to see some heat. it is in the mid 90s right now, probably hottest point of the day, but it is breezy. it is a beautiful night for a concert here at the community center. they are gearing up for a 6:00 outdoor concert. it is going to be a really, really lovely evening. we have had cooling centers open in the south bay, both here in morgan hill and up in san jose, but at the same time people say, hey, they're glad for a little bit of heat after what has been a surprisingly cool summer. >> yes, scott. you also checked out a local hardware store. i know people are probably buying fans, turning on their air conditioners. what did you see? >> reporter: yeah, you know, people say they're turni

scott budman from nbc bay area has the details. >> reporter: the plan? to help the human staff of the national eating disorder association's hotline by adding an automated chat bot, using artificial intelligence. >> eating disorders are more prevalent than ever. >> reporter: but, things didn't go according to plan >> people, i think they want a human voice. >> reporter: janice, executive director of san jose's eating disorder resource center says she was skeptical of the idea to replace an empathetic hume within a bot >> when people talk to me on the line, they always say, gosh, i feel that you understand you know, i feel, and they'll just be relieved >> reporter: earlier this week, the national eating disorder association and researchers on the project say a bug led to the bot straying from the rules. the ai was able to generate its own responses, some of which were inappropriate >> some of these screen shots that have gone out there about the chat bot recommending dieting or r redistributing a certain restricting calorie were never part of what we crea

. >> let's to go scott budman who is according this. it sounds like an ad for the csu system. >> let's face it. we public school guys love to hear that we're doing just as well as private schools. it doesn't mean to demean a private school education or take it down. i understand reputation. i understand the importance of net working and all the things a private school gets you. the point is to point out if you work hard and get a good internship and some good contacts, you can do so at the uc level, the csu level as well. and look, the money is often just as good. >> yeah. look at the numbers from the san jose state grads. is san jose outperforming the bigger guys? >> it's not new. it has had a good engineering department, a good science computing department. and it has had extremely important the proximity to companies like apple and facebook and google, et cetera. so it is easy to recruit a san jose state grad. and i think that this kind of trend, if there is a trend here, is for companies to say, hey maybe we don't have to recruit at

business and tech reporter scott budman was there for that event. t, the president outlined a massive new investment for the environment. >> it's true, audrey. we're talking about a plan to spend hundreds of millions of dollars on funding for various climate projects. ♪♪ a presidential visit to the lucy evans baylands preserve in palo alto today, where president biden t

scott budman actually got from the conference. hi, scott. anything sent out to you? >> the headset is what everyone is talking about. it is a glimpse into the future, augmented reality, virtual reality, they call it a lot of things. we have seen from cubbies like meta and apple is trying to make it a consumer product. that is what it looks like. it is adjustable, depending on the size of your head. you can also adjust the size of the -- this is a new language, the size of the virtual screen that you will be seeing. let us say you're watching a movie and you have a screen in front of you that you can ask you spread that out or tighten it up. that will be interesting to see how big you want your field of vision, as opposed to looking at a computer screen or phone screen, you will know that will be a certain size. this gives you a little more flexibility and freedom to adjust what you are seeing. there will be in at app store for it. there is all sorts of apps in this world. the immersive world is you by yourself. that is what people will have to get used to, as opposed

all right, scott budman. >>> a violent weekend of shootings. police are piecing together clues in two separate attacks that left 12 people wounded. here is sergio quintana in san francisco where police identify add person of interest in one of the shootings. >> reporter: outside mission skateboard a clearly shaken organizer of friday night celebration of an artist collaboration says he's devastated by what happened. >> it was really a special moment for anyone from san francisco to be able to come and attend that freely and one sick person had something else in mind. >> reporter: this photo was shared of the celebration just a couple minutes before a mass shooting. nine people were hit in what witnesses say was a spray of gunfire. we've confirmed police are searching for a person of interest, javier campos associated with the mercedes sedan caught on camera speeding out of the area. ozzy says as far as he could tell the shooter didn't even attend the event. >> it was a drive-by. >> reporter: so the person never even came in -- >> no. >> reporte

nbc bay area scott budman joins us with a look at california's effort to atone for generations of racial disparity. scott, tell us more bee tails about the 1,000-page report. >> after two years of discussion, the final report includes more than 100 specific recommendations, including recommendations on a formal apology from the state. but much of the discussion is centered around recommendations for monetary compensation. while the report does not include specific dollar amount, it does contain a method to determine who would be paid if the state approves the plan. >> i'm going to say -- until america is redeemed. the day will come when all of us will be able to say, i'm black and i'm proud. >> reporter: pastor amos brown of san francisco's third baptist church was among those who spoke passionately about reparations to atone for past race-based disparities, housing discrimination, land seizure and other harms done to black californians. >> and we're going to read and we're going to make sure that our descendents will be able to consult this great document and see the evidence that this

business and tech reporter scott budman was there for that event. scott, the president outlined a massive new investment for the environment. >> it's true, audrey. we're talking about a plan to spend hundreds of millions of dollars on funding for various climate projects. ♪♪ a presidential visit to the lucy evans baylands preserve in palo alto today, where president biden took a brief tour before giving a speech highlighting his administration's efforts to combat climate change. >> what we're seeing here is an amazing success story. >> reporter: the 15-minute speech touching on everything from the need to prepare for the upcoming fire season to his efforts to meet critical climate goals by stimulating the economy. >> we will cut 1 billion tons of carbon emission a year, create millions of good-paying jobs, and it's already attracting billions of dollars in the private sector because businesses are realizing it's overwhelmingly in their interest. >> reporter: president biden with governor gavin newsom by his side also spoke about the need to boost the

as our business and tech recorder scott budman shows us, grads from local state schools are doing really well. >> reporter: if you're looking for a pipeline to take you from college to the tech industry, this is one of the best-worn paths. >> without question, san jose state. >> reporter: just ask tara walls. she went from san jose state to genentech a few years ago and says many of her fellow sjsu graduates are also now working in tech. >> one of my best friends works at google. i would definitely say that no matter what you end up studying, there's probably a position for you in tech in the bay area. >> reporter: spartan techies are holding their own financially. check this out. four years after graduation, san jose state computer engineers earn right about what a ucla grad earns even though they pay, on average, less than half the tuition of a uc. they earn more than a usc graduate. that's a private school. they also outearn the other csus. they're making themselves attractive to tech companies. >> they are looking at the university, they are looking at internships and all the differe

. >>> i'm scott budman. housing inventories so low, rents are being sent even higher. coming up, one development trying to make a difference. >>> also a north bay toddler is recovering after overdosing on fentanyl. we speak with a neighbor who was at the right place at the right time and helped save her life. the news at 6:00 stars right now i'm raj mathai. >> i'm gia vang. >>> breaking news, an update on breaking news we've been following the last half-hour. right now, there is a search for a suspect who police say stabbed two people, then hit a pedestrian with a carjacked vehicle. stephanie magellan just got to the scene. what can you tell us? >> reporter: as you mentioned, we know it was a double stabbing, a carjacking, a hit-and-run involving a pedestrian. here at the first scene, on kuzer drive and dellwood way. this is where police say there was at least one person stabbed. we know it's an adult who suffered life-threatening injuries and was taken to a hospital. here we spoke to a witness who said everything happened over in the area back there near the big tree

here's our business and tech reporter scott budman. >> this is a case where a chatbot was aimed at helping those calling in to an eating disorder hotline. here's what went wrong, and while there's still optimism about the program going forward. the plan to help the human staff of the national eating disorder association's hotline by adding an automated chatbot using artificial intelligence. >> eating disorders are more prevalent than ever. >> reporter: but things didn't go according to plan. >> people -- i think they want a human voice. >> reporter: janice, executive director of san jose's eating disorder resource center, says she was skeptical of the idea to replace an empathetic human with a bot. >> when people talk to me on the line, they always say, "gosh, i feel that you understand, i feel --" they'll just be relieved. >> reporter: earlier this week the national eating disorder association and researchers on the project say a bug led to the bot straying from the rules. the a.i. was able to generate its own responses, some of which were inappropriate. >> some of the screen shots that h

here's our business and tech reporter, scott budman. >> reporter: the latest cost of living numbers from united way bay area are, in a word, sobering. >> just shows that the scale of how many families are struggling in the bay area today. >> reporter: that ceo, kevin zwick, after the group put out stats showing a family of four living in the bay area needs on average $120,000 a year just to make ends meet, and 25% of working families here struggle to meet those daily needs. >> the cycle of poverty continues. tool of our neighbors miss -- live, you know, one paycheck away or one disaster away from crisis. that hurts all of us. >> reporter: the culprit? largely housing. >> they're absolutely talking about housing as being the biggest challenge. >> reporter: so much of a challenge, some people are giving up and move is away. >> and you've seen how even our population decreased over the last few years. and studies have shown the number one reason why people left the bay area was because of affordability. >> reporter: united way also says part of the problem is that over the last two decades,

here's our business and tech reporter scott budman. >> reporter: 60 units of much-needed housing is on the way here along san jose's alum rock avenue. boosted by city leaders -- >> the lack of housing supply, the lack of affordable housing, is driving up the cost of living. >> reporter: coming at a time when project lead charities housing says the needing getting desperate. >> how close are we? not close enough. we just need to build more, build faster, get community support, and get the funding and the land. >> reporter: according to bay area rental tracker zumper, the lack of available housing is even hitting the rental market, driving up prices to the point where several bay area cities, including mountain view, cupertino, santa clara, menlo park, and san francisco now average $3,000 and above for an average one-bedroom apartment. >> which means that those buyers that may have the resources to purchase aren't able to actually find inventory in order to purchase. that puts more strain on the rental stock of housing. >> reporter: the ribbon-cutting here is expected in 2025. charities

scott budman shows us what happened in san francisco today. >>> a date set for former president trump'so begin. over accusations that he mishandled classified documents. why delays are expected. the news at 5:30 starts

business and tech reporter scott budman, what are the takeaways from the new jobs report? >> well, there are a lot of takeaways. for one thing, our economy is strong and the nation's economy is strong. you may hear gloom and doom, but when it comes to jobs, we're still consistently strong. this marks 29 consecutive months here in the u.s. that we've added jobs. even here where we know tech companies have been cutting back. it's the news moving people and the markets. we're talking about jobs, lots of them. >> there's been all this talk of recession, downturn. and actually, we're okay. >> reporter: and there are few better indicators of being okay than our economy, adding a much better than expectexpected 339, jobs in may even as the federal reserve raised interest rates to slow the company. even as big tech companies laid off employees bit tens of thousands. joint venture silicon valley ce o'russell hancock says those layoffs only tell part of the local jobs story. >> even at the same time people have been laying off, they've also been hiring. both things have been happeni

. >> our business and tech reporter, scott budman, will join us with more housing news tonight at 5:00. >>> as you know, it's graduation season. while thousands of students are preparing for their next chapter, today was extra special for more than a dozen graduates on the peninsula. they earned their diplomas while serving time in jail. nbc bay area's ian cull was at the ceremony and joins us now. >> so janelle, 16 men at the county jail have spent countless hours, months, studying in their cells and going to class right there while locked up. today, with their families in attendance, they received a full high school diploma through the program in the jail. i spoke with one of the new graduates, daniel mujica franco. he says a series of mistakes while he was homeless in san francisco put him behind bars, but says this program turned his life around. >> it's not just a diploma or not just a benchmark, it has been a positive outlet for my energy and my time while incarcerated. so rather than just stewing on my failures, focus on my future and my success. >> that's positive. so inspirati

. >> bringing in business and tech reporter scott budman, not only are high mortgage rates keeping buyers on the sidelines, they're causing some to walk away from it and get foreclosed on? >> yeah. it's really different from 2008. you remember the housing market got hit so hard. it dragged down the entire economy. countrywide. in the bay area, though, yes, like professor chen said, layoffs. now two-income households are perhaps one-income households. the one income maybe doesn't have an income if you've been laid off from the tech industry. combined with adjustable mortgages that catch a lot of people by surprise. instead of a 3% mortgage that was affordable, think about 6%, 7%, and all of a sudden people are collapsing under a debt that we just haven't seen in close to 15 or 20 years. >> paying more, getting nothing more for it. a lot of homeowners are nervous about making monthly payments? >> they are, especially with adjustable rate where the payment might move and pate pacing the prospect and if of layoffs. even in an overall strong economy, these tech companies have been trimming qui

here's our business and tech reporter scott budman. >> reporter: you know that long line at the dmv? soon, there might be an app to avoid that. and it will move your driver's license to your phone. >> when you download the app, it will give you the ability to be able to convert your physical driver's license into a digital driver's license. >> reporter: i-prove is one of several companies trying to make a dij tat driver's license a reality in california. it could make, among other things, long trips to the dmv a thing of the past. >> you can apply for state benefits, use it to be able to register your vehicle, to be able to renew your car registration. other things like that that typically would force you inside of a government office, now you can do virtually from your phone. >> reporter: although the plan is to encrypt your digital identity so you can't be tracked, privacy experts say they're watching the developments closely and still have questions. >> so this is now quote, unquote government owned. the use of this data can be really questionable, can be opaque. who's doing the p

let's bring in our business and tech reporter, scott budman, we talked about this when san francisco's fire chief expressed her concerns over these cars. what's the latest? >> the latest and this is not good timing if you want to see these cars, during pride, during the parade, one of the cars was seen, here it is, and that's near 2nd street, just stalled out, and a lot of these stree are closed. obviously traffic was a gigantic issue, both for getting people around, perhaps for emergency vehicles. you see a police office ting to talk to, no one in the car, to see if anyone could get it to move. it had stalled and is creating a potential hazard. this is exactly what we were talking about last week, just a few days away from thursday's vote as to whether or not crews and waymo can drive 24/7, driverless taxis around the city. >> that situation, were they able to get it out? also, are we hearing from waymo today? >> it took a while to get out. the person who shot the video is telling me, he saw like three police officers again, who probably have better things to do during a gigantic day

our business and tech reporter scott budman has the story. >> will they or won't they? hitting big tech companies hard. they paid for those big tech campuses and lots of employee perks. so far, many of those tech companies say their employees have been resistance to returning to the office. but this week, cnbc says it discovered google has updated its hybrid work policy to be less hybrid and more come back to the office. reportedly going so far as tracking attendance, as in who badges in. talking more to employees about the company's want and need to bring people back to the office and include it as a talking point in performance reviews. this is the dilemma many smaller tech companies have been facing for months, like mountain view software ignite. i spoke earlier to the ceo about why he is urging people to come back to the office and why he applauds google's move. >> there is absolutely a direct impact to productivity enhancemement when people are together. even if it's not five days a week, butut three dayss a week. because what you can accomplish doing shop talk or

our business and tech reporter scott budman, necessary being the operative word? >> it is. necessary because so much housing is needed here in the bay area all over the bay area. first, a bit of good news. mesa terrace had a ribbon cutting for 46 new units in the almaden neighborhood of south san jose, aiming this one at low-income residents and young people who have recently transitioned out of the foster system. mesa terrace is a drop in the bucket but very important to those who will live there and some progress within the bay area housing market that has become stagnant. the bad news, zillow numbers showing new listings down in the past year thanks to high prices and high mortgage race. the scarcity has lifted prices, making new developments all the more needed. >> they're going to have an opportunity to go to school, and their children are going to go to high-resource schools and have a wonderful backyard to enjoy. >> that's really important. aged-out foster kids, really hard to put them in places. are there other developments like this? >> even with the developer of t

scott budman will give us a tour of what this did and how it's changed decades later. >> sounds great. you did a shot of show and tell at the beijing olympics, i remember. it was so much fun. >> the panda, the mascot. >> yes. >> a lot of stuff there. >> i saw the mug, so great, janelle. we're talking about the olympics. because you'll remember, u.s. team won silver more than 500 days ago. they still haven't gotten their medals. why? why u.s. figure skaters are still waiting for their hardware in two minutes. she fofound it. the e feeling ofof finding the psoriaiasis treatmtment she's bebeen lookingng for. sotyktu is the f first-of-itits-kind, once-d-daily pilll for momoderate-to-o-severe plplaque psoririasis for the chance a at clear or almosost clear skskin. it's likike the feeleling of f finding youour back.... is back. or fininding psoririasis cacan't deny t the splendodr of thehese thighs.s. oncece-daily sototyktu is prpn toto get more e people clclearer skinin than t the leadingng pill. don't t take if yoyou're allerc toto sotyktu;; seririous reactitions can oco. sotyktu u can lo

let's bring in our business and tech reporter scott budman.know among the people against these robo taxis is the fire chief of san francisco. that's big weighty shoulders there. >> she had a lot to say last week. she's still talking about it. she got support from other law enforcement agencies in the bay area. as we have talked about, there are safety concerns. then this, yesterday, during sf pride, a waymo driverless car appears to get confused by road closures for the pride parade and simply stops in the middle of the street. this was at 2nd and howarard street near t the pararade rout. you cacan see thehe b baffled o trying too find someoeone to ta to,, but there w was no onone i fronont seat. ththis video s shot by jose ve. he w works o on traraffic stori. ii reacheded out abobout t the s theirr car h had at pride. they did n not respspond. later t this weweek, the cpuc c coconsider a proposall to alllle drdriverless c car companinies operatee on sanan franancisco's streets 2 24 hours a a day. but, ass we c continue to get m exexamples off

let's go ahead and bring in our business and tech reporter scott budman. talking about more jobs. this has to be good for the economy? >> it is. some people will look at a strong stock market, some people look at their housing price. overall, nothing says a strong economy like jobs. when people have jobs, they can spend money and buy things. that's how the economy gets rolling. >> you know what, we've been talking about this for months now. we're seeing so many layoffs in silicon valley. it's weird to talk about, jobs are looking good. seems like it's a different situation in the bay. >> a little bit. 339,000 is the country as a whole, true. even in silicon valley and bay area, we've seen added jobs overall. so you think about, yes, there are thousands, even for some companies tens of thousands of people being laid off. but there's a lot of adding in areas like software, a.i., all these hot areas that are just adding. and those we don't talk about quite as much unless we're going to really focus on a specific area like a.i. or a company. that's really good news. overall, even thou

our business and tech reporter scott budman has details. >> reporter: one week away from state regulators voting on whether to allow autonomous cars expand services in san francisco. the city's fire chief told us she'd rather they hit the brakes. >> i'm not anti-technology. what i am anti, is getting in the way of public safety when we're trying to do our jobs. and that's what's been happening time and time again. >> reporter: chief janine nicholson says the driverless vehicles from companies like about the same mow and cruise are getting in her way. most recently on june 9th when a cruise vehicle stopped on its own near a shooting in the city's mission district. but the fire department says they've logged nearly 40 incidents with robo taxis since january 1st. >> because we've seen these vehicles run over our hoses and get them caught in their wheel wells. we've seen them stop in front of two different fire stations now, blocking our fire engines from getting out onto calls. >> reporter: weymo and cruise say they continue to work on refining the vehicles and improving their safety records

let's bring in our business and tech reporter scott budman tracking all of this for us. let's go ahead and start with the prices. prices are falling still. why? >> well, audrey, they're falling for a number of reasons. for one thing, at sergio quintana told us, businesses are moving away. some tech companies are having a tough time bringing people back to the office. we still have a lot of bay area folks that are remote. and face it, our prices were higher than any-where else in the country so we have the farthest to fall. a 5, 6% drop is an impressive amount of money, but we still lead the league in high housing prices. our housing market is paralyzed because of high mortgage rates and high prices and high rents. there are just not many people buying and selling homes right now. and that has led to kind of a stalemate. >> and foreclosures up? >> that's something we haven't had to talk about in years. you remember the huge foreclosure run in 2008 as the housing market tanked. right now it's not because of that. the housing prices remain pretty high. but we have a couple

our scott budman is working on a story on security ai and the olympics, yes? >> right, audrey. hundreds of thousands of people will pour into paris for the olympic games for the opening ceremonies alone. this year there is an experiment to add a layer of artificial intelligence to scan people as they come in and as they're in their seats. as you can imagine it has some people saying this is great. we'll root out criminals. on the other hand privacy advocates are saying this could be very biased. what does ai do but enhance the biasses already there. this is one of the stories we are already starting to put together for the olympics in 2024 >> i know you've been very busy, getting a lot of answers already. really looking forward to that story. that is going to be airing once again in about a month or so as we mark one year before the summer olympics in paris. summer olympics in paris. when you're ready to go but static and wrinkles are like, nooooo! try bobounce, it's's the shee. leless static.c. leless wrinkleles. more sosoft. more freshshness. bounce. it's's the sheetet. >>> w

let's bring in our business and tech reporter scott budman. you spent the day at apple hq. you actually got to interact a little with this headset. what's your initial thoughts here? >> you know, i've tried the oculus machine before that meta ended up buying. >> isn't this oculus 2.0? >> what they're trying to do is say there's another platform, and that could be an immersive platform where you immerse yourself in a movie or various apps or even chatting with other people. let's say you do facetime. all of a sudden they're in your living room, your virtual living room. is it sometething we need? i donon't think so. consumers haven't jumped on the oculus bandwagon yet. will they jump on this one? i don't know. the price point is pretty high. the technology is pretty new. it is impressive, but we have to decide do we want to do this with something on our head when we can already do most of it on our phones? >> i suppose we didn't used to have things on our head for headsets and we didn't have things on our phone or airtags so maybe at some time we will adopt this. what is mar

let's bring in our business and tech reporter, scott budman. mountain view and cupertino topping the lists. what are the biggest reasons for this? >> a couple reasons. it's no coincidence that those cities host tech companies that are doing well. a lot of them are saying come back to the office if you want to keep your job. you've got these techies coming back to the bay area and coming back to live and finding very few homes on the market, even if they have money to buy expensive bay area homes. so right now instead, at least for the time being, mare renting, and that is making the prices of some of these places in mountain view, cupertino, santa clara, more expensive than we've ever seen. >> let's talk san francisco, which is usually kind of our bellwether. why isn't san francisco rental prices going up as much as the other cities? people are still going back to work there, right? >> they are a little, but not as much. they'd like to see the downtown area doing more flourishing. those businesses aren't bringing people back as much as others a

scott budman took this picture saturday night when nasa says the moon reached its full brightness. strawberry moon gets its name from the prime of year strawberries become ripe. >> last night i was driving home -- i was riding home and i took some video of that. it was so beautiful and bright. >> yes, and we have the full moon at its peak, and then as we go into the next few days it starts to get smaller and smaller. here our strawberries ripen a lot sooner than the rest of the country. here is a look at what may be covering the moon tomorrow morning at this prime. we're seeing a disturbance moving up the coast. we've had moisture moving in from the east and that's going to give us the potential of seeing scattered showers as we head into tonight, possibly even some thunderstorms. as we go into late tonight, we'll see those rain chances going up, so i'll have more on that coming up in a few minutes. >>> mike has a look at where we can find lower gas prices. >> our low this morning is at the top of our list, marin county's mill valley, $4.11 at the arco on redwood highway. $4.19 for