Scale just the next couple of hours. Scattered showers and breezy winds and precip, but more than likely it is a dry start for you with fog in the north bay. One to two mile visibility. Mild temperatures, low 40s in liv livermore. The rest of the morning mist and drizzle from the peninsula southward and then were breaking out into sunshine in the north bay and 50s at 10 00 and by the afternoon its a partly cloudy sky. Upper 50s and clear and a chilly night tonight. New developments here. The two men accused of stealing a mans laptop are facing charges in his death. The victim went after the suspects, but was hit by their car and died. Lee is charged with with withw manslaughter and reed is facing a Second Degree robbery charge. Reeds sister says he was at her home watching her 3yearold. Helping me out. I have four kids and no daddy in their life. My brother is there for me all the time and now they want to take him from me. Thats not fair. According to the charging documents, reed was
The next governor of the bank of england. He is no stranger, 30 years of experience in a range of positions. Francine lacqua joining me now to take over hosting bloomberg surveillance. About his experience of Monetary Policy, the economics of the u. K. , and on the regulatory side, and reflecting on the brexit experience, even if many people point out a lack of Monetary Policy setting experience. In terms of market reaction, we do not expect a lot of reaction. Our colleague was pointing out he was widely expected to be the next governor of the bank of england. Move on the ftse 100, equity markets not moving far. We do have confirmation on who the next governor of the bank of england will be, and mark carney has extended his term to the middle of march. Francine thank you so much. Welcome to bloomberg surveillance. Governor of the bank of england will stay until march 15. Andrew bailey is to succeed mark carney. Bailey spent three decades at the bank of england as Deputy Governor. Lets
Also this morning, the massive firestorm in australia. That country expecting the worst fire conditions yet. Police have been telling us to get out right now. Thousands forced to flee their homes and now america sending in help. Preparing for prison . Actress Lori Loughlin reportedly hiring a prison expert in case she has to serve time if convicted in the College Admissions scandal. How is she preparing . Mysterious sightings. Swarms of drones spotted in the sky. Theyre right here coming. Thats another one. Law enforcement investigating as cowboys suit up for a space invasion. And a new years eve proposal. The first the elation, then the deflation when the ring falls through a grate. How new yorks bravest saved the day. And good morning. We begin with the latest in the highstakes standoff between the u. S. And iran. Heres what we know. Nearly 24 hours after the drone strike that killed the notorious iranian general qassim soleimani. President trump speaking out for the First Time Since
House is set to vote on 1. 2 trillion usmca deal any minute now. One day after their historic vote to impeach President Trump. Connell Fox Team Coverage on all of this. Gerri willis on floor of the new york stock exchange. Chad pergram covering all things capitol hill including that vote. Kristina partsinevelos in newsroom. Edward lawrence is in the white house. Chad, start with you, we talked about impeachment and usmca is a big deal this hour as well. Absolutely. We think the vote starts in ten minutes on the house floor. Theyre about to vote on salt, democratic provision to get rid of the element in the tax law from couple years ago that prohibited the deductions on state and local taxes here. This was a big issue in hightaxed states like new york and new jersey. That is a place where a lot of republicans didnt fare too well in the house races. That vote is up first in the house of representatives. That should start imminently. If you hear bells ringing behind me here, that is the v
The nasdaq is the leading indices and oil hitting a threemonth highly after military strikes in the middle east energy is the bestperforming sector today joining us for the hour is josh brown, ceo of Ritholtz Wealth Management josh, obviously seeing a little profit taking here is this a tax situation scenario or is there more to read into about losing steam and sentiment . If you see profit taking on the what penultimate the penultimate is that not an american word as well . It is, we just dont use it as much. And it doesnt sound as good when i say it. It doesnt, sorry when youre seeing profit taking on the second to last day of the year, thats not tax related, but it could be front running what others suspect might be fax related, meaning look at a typical investment portfolio this year, if they own sector etfs, for example, they have a ton of Technology Large cap tech has done unbelievably well this year. Or if they own individual names. If you own apple, youre up almost double. Now