Right now this frid morning over e city. We look ahead to the weekend. Good morning. Its friday, january 29th. Another rainy morning. You saw all of that green on the radar. Lets get to meteorologist mary lee to talk about the weather. Hi, michelle. We are looking at light rain. We are dealing with wet weather as we start off the day. Zooming in on hidef doppler, you can see the green and orange colors. Orange and yellow colors. Light rain over san jose and down through 101 into morgan hill. You can see its pouring over you and light rain over fremont, hayward and livermore and san ramon at this hour. A live look at the San Francisco camera. You can see that light rain from concord, oakland and for livermore. Temperatures in the mid40s as well as San Francisco and san jose. 37 in santa rosa. As we head through the day, we are looking at a little bit of sunshine. So, partly cloudy to mostly cloudy skies. Highs in the low 50s on the coast and nd the bay inland. Can see ashead through the
Seeing some encouraging numbers on the pandemic. But some Health Experts believe a resurgence is on the way. Some bay area restaurants are open for the first time this year, but will anyone show up . I dont know a lot about stocks. They helped them go up. Small Investors Team up to throw wall street into turmoil. New at 11 and streaming on cbsn bay area, a live look outside, one final round of rain moving through the bay area right now. Paul heggen is tracking the storm for us tonight. One more round of organized rainfall is moving in. This is the same area of rain we were tracking earlier when it was still well off the coast. But now its moving into some spots that really need a break from the rain. Including the Santa Cruz Mountains. One more burst of heavy downpours. It is about to cross over the Santa Cruz Mountains and roll through the santa clara valley. Same thing for morgan hill and gilroy. Some spots that have seen the heaviest rainfall amounts so far. This is not the only bat
Entrusted with getting unemployed americans back to work. Labor secretary Eugene Scalia joins us live. We are going to get the scoop from scalia on how urgent the situation really is right now. Retailers among those of course hit the hardest by the coronavirus pandemic. We have the founder of one of the most visionary Mall Developers in the country. The grove in l. A. , i dont know if you have been there, its one of his. He is here. Caruso founder rick caruso on how hes making his california dream of safely reopening come true. This is a fox business exclusive. You got to see what hes doing. And netflix has emerged as one of the top pandemic superstars. The streaming giant reports earnings after the bell. Our allstar panel digs deep into the numbers with the one number that may tell you the whole story before the Earnings Results even come out. You have to stay tuned for that. But lets get to this breaking fox business alert. Treasury secretary Steven Mnuchin seen here arriving at tel
Its been a wide range today. Former citigroup ceo sandy weill will join us to discuss the water shed moment at his former company which just became the first major u. S. Bank to appoint a female ceo plus, well speak with jason robins from draftkings ahead of tonights nfl kickoff. And we are counting you down to some exciting earnings after the bell today including peloton, oracle, and chewy. Two out of three are big stay at home winners plus an interview with chewys ceo as soon as the numbers hit the tape lets get straight to the market in the final hour of trade another volatile session on wall street mike santoli tracking the action for us what caused the weakness here in the last few momentors so . That morning rally was really limp it did not pass any of the tests. It stopped where yesterdays highs were nobody had any faith this was really going to be upside momentum then you had a rally in the treasury market. Yields got compressed a little bit. And the dollar is also been higher
Forth with portnoy on what you say are amazing insane moves that can continue. Yeah, i mean, understand there is florida has been so much comparison in 1999, 1999 was never like this. You had a lot of crumby companies that would go up a lot but nothing like this. I mean, we have major trillion Dollar Companies that are going up at a pace that weve obviously never seen because we didnt have trillion Dollar Companies before but i do think that my friend David Portnoy hes got a big cohort saying that stocks only go up and im just giving this is frightening im giving a little bit of homage here because, yes, if you got in when davie trade got in, i mean, all youve seen is up. So its not wrong for him to look at that i mean, the guy got in i think march 23rd when he decided to take the suits on directly i got up this morning, i said, geez, maybe i should wear jeans. I dont want to be like wrong. I want to be i dont want to be on the other side of the trade of this guy. His timing is excepti