Working. Weve made u. S. Businesses competitive against with the rest of the world. We lowered the Corporate Tax rate to 21 . We now have a Corporate Tax rate that is competitive with the rest of the world. We lowered Corporate Tax rates, and that in itself costs less than 100 billion a year to do that. But it stimulates huge economic growth. The businesses in the United States can now thrive, which means they can grow, they can go our and hire people, which weve seen. Weve seen record unemployment. Weve seen record unemployment rates down to 3. 5 . Weve seen wage goa. Weve seen 3 plus wage growth. Most importantly the tax law . Ou put this all a lot of it has to do with the tax law. It has. To weve seen higherend wage growth at the bottom pay scale than we have at the top. Weve seeing the incentives we created in the tax law by lowering the corporate rate, were seeing that happen. Brennan there is a whole debate about the contribution to the deficit. I want to put that aside and i wan
Markets trying to figure out the fallout from the u. S. Strike meansilled the general for their portfolios. And what it means for the price of brent. Is at theere bryant moment. Gold at the highest in six years. Data. Also getting some Euro Area Services pmi coming into 52. 8 just a touch better than expected. We are at the eurasia summit talking 2020 risk. We will talk to the italian Prime Minister. In the International Rescue committee chief executive David Miliband. Those are coming up on bloomberg surveillance. Lets get to the first word news in new york city. We begin with Australian Authorities counting the cross of newowns on the south south wales in neighboring victoria. Blazes are the generated drive thunderstorms, thousands have been evacuated to Recreation Grounds, converted into makeshift camps. A new top man from china and hong kong, a communist party of thel who is now part anticorruption campaign. After nearly seven months of political unrest. Shows beijings intention to
And second act. Prison inmates change their lives by taking on new roles. What does it mean . Hope. Hope for me. Hope for others, yeah. Announcer this is the cbs overnight news. Welcome to the overnight news. Im elaine quijano. Iran continues to be a country in mourning. Huge crowds turned out sunday as the remains of general Qasem Soleimani returned home after being killed in a u. S. Drone strike. His casket draped by the iranian flag. Amid the grief, chants of death to america. In baghdad where soleimani was killed by a u. S. Drone strike, the countrys parliament approved a plan which would remove all american troops from its soil. All this as the u. S. And now israel prepare for irans retaliation. Ian lee in baghdad begins our coverage. Reporter a heros welcome for the body of Qasem Soleimani. Tens of thousands packed irans largest mosque as part of a grand funeral procession, while in parliament, members chanted death to america. In neighboring iraq, lawmakers and parliament voted
North to the Pacific Northwest so if you go to seattle or portland they get any of rain, lot of 30s. And livermore is at 35 in concord is 39, 31 kelsey ville. So a lot of 30s and we will get colder than that, today looks good with lots of sunshine and then tomorrow we clouded up in late tuesday night into wednesday, more that later, 50s and low 60s on the attempts. 4 01 am, speaking of beaking back i said hello. Welcome back mr. Steve paulson, now lets take a look at the commute. We expect mostly everyone to be back figuratively and you can see traffic is moving along okay traffic is in the east bay and off to a good start, and just a few minutes will take a look at southbay commutes and at four 1 am lets go back to the desk. Today the man suspected of the severe beating one year ago of an 89yearold woman in San Francisco is scheduled to appear in court. Keonte gathron faces more than 20 charges in the victim died from her injuries last friday and Keonte Gathron is being held in jail w
In30. 50. 56 to 57 is average and will be 56 to 59 and the napa airport did report three quarters of a mile of visibility but now just like that it is up to 10 miles. Could be patchy fog dancing around humidity high enough the only a couple of reports and it is not widespread portland and seattle there is rain but here we do not. 20s through the 40s on the temperatures, 35 to 39 and even around union city and fremont and 32 around ukiah and 14 at truckee, a slight northerly breeze, not too strong, lots of sunshine and temperatures upper 50s to near 60, and we have Sal Castaneda , do you have something new . Just want to remind people that most people are back to work in school today and the traffic patterns are the same they were right before christmas or before everyone went on vacation from this is a look at the bay bridge and traffic will be backed up for a 20 minute delay already at the toll plaza. Interstate 880 looking and doing well with no major problems san mateo bridge traffi