And oil down 6 to 2860 and change oil now on pace for its worst month ever and here is a stat that really sets the tone for how things have been and it comes from our friend ryan detrick at lpl financial. It markets the serventh straight session that was up or down and this breaks the previous record of six such volatile sessions set all of the way back of november 1929, a true sign of the times. All of the markets rising today. It is clear that we are in unprecedented times for the markets and the economy, but we are here for you here on cnbc with the folks working tirelessly around the clock. Bob is downtown and steve has more on the Federal Reserves move and most of the action came from inside the beltway. Lets get to Kayla Tausche with what was live with the white house response. An unprecedented stimulus package the white house is proposing, 1. 3 trillion in relief for businesses and workers whose revenues and wages are grinding to a halt the treasury secretary Steven Mnuchin putt
Whistleblower. Hes a fake. Everybody knows who the whistleblower is. The whistleblower is a political operative. These gentlemen know it. A political operative. If they would have compared what the whistleblower said, if they would have compared it to what i said in two conversations really, to what i said in the conversation, with the president who i think is a terrific person, of ukraine, he would have said well wait a minute, the whistleblower said this, and that wasnt the conversation because we have the conversation. Also shifty schiff, dishonest, corrupt politician, when he imitated or tried to copy my conversation, he didnt copy it. He made up a conversation, went before congress and made up a phony conversation, just like he does every time he talks. Hes a phony. Hes very dishonest, very corrupt politician. So instead of and look, the big upset, as you folks know, was when i released the transcript, because i dont like doing that because you have to keep this very very classifi
With low humidity that we had, but we are now starting to see some recovery here, but the good news, for Southern California, is that as the day goes along, the winds will start to wacalm down and well see the conditions improving later on today. Hopefully they get some containment soon. As we head over to mike, youre updating a crash in san carlos. While we talk about the fires, if youre planning on driving down to los angeles, i5 is currently closed through that zone, just south of magic mountain, but for folks familiar with the area, thats the critical route getting down there. Looking over here, noncritical as far as any issues in the bay area, green sensors over most of the bay. I did want to call out this crash in san carlos. Got an update, it was clearing to the one lane just a slow lane but now we have the holly street offramp closed as well, while they clear this crash, and perhaps wait for another hookup for a car. Southbound 101 holly street is closed. Use ralston since im g
By early afternoon. In the south bay were up to 80 degrees. 80 in pa low alto and antioch reaching 83 degrees. Well talk about the weekend forecast. Mike says the roads are flowing well. Thumbs up for the bay area commute no, major problems. We have some of the areas with the shutoff for the power continue as we wait until daylight to restore. Talking more about that and a smooth drive around the roadways. The freeways not showing any major problems, over here the trivalley a smooth flow of traffic with the east bay a little build south out of san leandro into hayward and out of union city toward fremont. The typical trend for the nimitz picking up more volume as folks make their way out of the trivalley through Castro Valley y. East bay travel times at the speed limit traveling to the bay bridge toll plaza. At the toll plaza you have the backup and the build from richmond to san rafael. I5 is closed getting down to for example universal studios, talking about that fire. Guys, back to
Would dare enter their sanctuary state and take some considerable sum of money with him to boot. Traveling with the president Fox White House correspondent kevin cork. It was hardly the sort of welcome that one might expect in laidback california. But even a brawl in Beverly Hills between backers and opponents of President Trump couldnt dampen his effort to raise millions here in the golden state. Still amid the appeals to fund his 2020 reelection campaign, President Trump got down to brass tax once on the ground introducing his National Security advisor, taking aim at homelessness crisis and repealing a long held exemption that gave california the right to set its own emissions standards. The president announcing on twitter that his administration was revoking californias federal waiver on emissions in order to produce far less expensive cars for the consumer. While at the same time, making the cars substantially safer. California had previously been able to set its own stricter stand