Im meteorologist sandhya patel. Blistering heat again tomorrow. When youll get a break. Im Cornell Bernard in the east bay where extreme heat is taking a toll on weary firefighters. A chaotic scene in philadelphia. Additional cops. Six Police Officers shot during a gun battle that lasted for hours. Im kate larson in San Francisco where state leaders and Health Care Executives are coming together to create solutions for homelessness. Abc news starts right now. The from abc7, live breaking news. And that breaking news is nearby ron in contra costa county. Vegetation fire burned 15 to 20 acres. Cal fire tweeted images about 10 30 tonight of the fire burning near vasko road. Crews will be out there for hours keep an eye on things. Its 84 degrees right now in byron. But not very windy, thank goodness. Fire is a major concern as the bay area swelters. A live look at oakland set a heat record today. Brace yourself. We are not done yet. We have Live Team Coverage tonight on the dangerously hot
Brian sullivan is reporting live for us from hong kong today. He will join us in a few moments. Behind me you can see the dows action from yesterday shedding more than 800 points for its fourth worst point drop on record, closing down by 3 or so after yesterdays historic move, here is how your money and the Global Markets are setting their day up today stock futures indicating the dow will open higher some stability brought to the markets. Interest rates are a huge part of that market story the dow jones up by 136 points we lost 0800 yesterday. Yesterday we saw the socalled inversion of the yield curve the twoyear treasury note and the tenyear treasury note yields, this means shortterm bond rates are now paying more than longterm bonds, historically this is considered a possible recession warning sign and new overnight, the yield on the 30year treasury, the long bond in the United States, dropped below 2 for the first time ever. You can see right now currently 2. 016 that move lower, a
To really get a nice breeze and early in the evening last night. But a good chance for you to get outside this morning. Enjoy is a little bit of time outside before does get too hot maybe get some errands done too. Heat advisories and excessive heat warnings do still remain in effect and are going to continue to stay in effect all the way through 08 00pm tonight we saw these yesterday were going to see them again today because temperatures are just as warm he saw this map just a second ago back to the 90s for a lot of areas hayward and fremont up to 90 for each. Oakland, san jose n s f o all setting records yesterday well into the 90s for all of these spots and we many records just shattered yesterday wouldnt be surprised to see a a lot more of again today as we do see these daytime highs really rising. So morning temperatures not all that bad pretty comfortable, but warmer than we should be ithe 60s and 70s, 60s 70s and even 90s already by noontime and yet more triple digits into the
Airports shutting down. Ginger, rob and our extreme weather team spread out across the storm zone right now. Breaking news for our viewers in the west. A major boat fire off the coast of california with dozens of passengers on board. Coast guard has two copters in route. The rescue operation under way right now. The search for answers after another deadly mass shooting in texas. A gunman going on a mileslong rampage killing seven people including this postal worker and injuring 22 others, one of them a 17monthold girl. Kevin harts terrifying crash. The actor hospitalized. His car completely totaled. The very latest on his condition. And the u. S. Open shocker. Why Novak Djokovic, the number one seed in the world, called it quits midmatch, and that moment between coco gauff and naomi osaka inspiring fans all around the world. And good morning, america. We want to get right to Hurricane Dorian. Category 5 storm hitting the bahamas heading for the southeast, one of the strongest Atlantic
China promises a set of tariffs. Jay powell declining to signal more easy Monetary Policy. The yield curve inverting yet again. How will business respond . How will it impact the economy more importantly, what does it mean for the market and investors . And then a news making interview you cannot miss. Federal reserve vice chairman Richard Clarida from jackson hole we are covering the angles with the team of reporters as always. Elan, first to you on the china fears which appear to be trumping the fed speak today. Nice, sara. We are waiting to see if President Trump will make a statement on those latest trade tensions with china and the new 75 billion in retaliatory tariffs that were announced this morning. We know there was a meeting at the white house earlier today with mnuchin, kudlow, navarro and lighthizer and President Trump did tweet that he would issue a response this afternoon. He then went on to order American Companies to look for alternatives to china including bringing bus