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Welcome to power lunch. Im melissa lee. Lets take a check on the markets. Out of the gate pulling stocks lower, we hit threemonth lows on the dow, as well as the s p 500. We are off session lows now. The s p higher by about 16 points from lows today. Banks gets hit hard again. Third day of lossesment this of course ased of a slew of bank easternings that start tomorrow. One bright spot in narcotics. Utilities are holding up nicely. Up by 1. 8 at this hour. Thank you very much. Welcome, everybody. Heres what else is happening right now. Worlds longest reigning king has died passing away today a...

Is returning to a moderate pace. She said the fed needed to verify the expected acceleration in growth and now she isnt acknowledging that may not happen at all. Important change in language and important shift in tone for the fed and for janet yellen. The speech that she is about to couple contains a little of bombshells that help explain why. First, janet yellen now admits that Larry Summers and other prominent ecommerc economist my crisisperi t a post period may be here to stay. Admits the he also Financial Market volatility that has made it so far for the fed hard for the fed to control th...

Addressing his departure on twitter this morning. And brexit polls from the uk cant seem to lock down which way thursday will go. And then theres George Sorros issuing a major warning against a departure, even David Beckham is weighing in. But first up in about an hour from now on capitol hill fed chair yellen will kick off two days of semiannual testimony on Monetary Policy and the economy. Today its before the Senate Banking committee which is expected to grill her on everything from rates to brexit. Of course well bring you live coverage once the fed chair begins her remarks followed by the...

Present wiener wu, present. Yee not present you have a quorum ladies and gentlemen please join us in the pledge of allegiance. [pleage of allegiance]the tech thank you madam clerk are there any communications there are none to report today can you please call the first item special order at 2 pm is the appearance by our hon. Mayor edward lee. Urbino questions omitted from the eligible district supervisors the mayor may address the board for up to 5 min. Thank you. Welcome mr. Mayor thank you supervisor breed and good afternoon supervisors. Good afternoon to the audience that here today as well...

Device off completely this is the regular meeting wednesday, february 10, 2016, and the time is 905 roll call commissioner president covington commissioner Vice President cleaveland commissioner nakajo commissioner hardeman chief chief joanne hayeswhite item 2 general Public Comment this time, members of the public may address the commission items of interest to the public that are within the subject matter jurisdiction of the commission except agenda items. With respect to agenda items, your opportunity to address the commission will be afforded when the item is reached in the meeting. Each m...