Page 2 - Program Owners News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The latest as soon as we get it. Now, lets turn to the weather now and rain is falling off and on through most of the day all over the bay area. Yeah t is not done. And lets begin with rosemary orozco. How long is it going to stick around. Were winding down for the next few hours as they will continue to taper off through the evening hours. Boy what a great start. And that they will be going to rumble through the bay area and for their time lapse as they would break away for the isolated scattered showers. Pretty much where they would remain at this hour to squeeze in a little bit closer to ta...

Bank is raising Interest Rates. Its not a big move and it was widely telegraphed, but its important, nonetheless. Well get to what it means for your money in just a moment. First, economics reporter Steve Liesman explains just how a fed rate hike works. Reporter it was the predawn of the modern age. Twitter didnt exist. There was neither iphone nor ipad. The year, 2006. It was the last time the Federal Reserve raised Interest Rates. So its not embarrassing to ask, what exactly is a fed rate hike . The Federal Reserve controls outright only one Interest Rate in the economy. The one banks use to...

With a lower rate, it tries toy s toies toy s toies to stimulate the economy. Thats what the fed did with excessive cuts during the financial crisis of 2007. It slashed rates to the zero, with a bin for nearly seven years. Raising rates this time will be complicated. When they were lowered to zero and the economy was still in the doldrums, the fed tried to stimulate growth by buying longterm bonds, pumping 4 trillion of cash into the banking system. Even with a higher fed funds rate, that money will stay in the system until the fed decides to decrease its balance sheet, which it could do, for ...

Im sam brock. A massive traffic jam as crews try to clean up a paint spill. Mike inouye is tracking that backup for us. Where do things stand . Were looking towards a madge klee appearing slow down. Because of a paint spill all the way across westbound 80. This is westbound 80. The paint spill is just past the on ramp. Folks are forced off the freeway there. We had the right lanes building slowly and now spilled in across this part of the span. Look from our emoryville camera and it is jammed up between Treasure Island and the westbound direction, these folks if they havent heard on the radio ...

Precious babies in the world. Thats all i can tell you and they didnt deserve this. Authorities expect to file charges in the case either friday or monday. Meanwhile the Salinas Police Officers Association is opened a bank account and officers have begun donating their own money in helping the survivors. Ann rubin, ktvu fox 2 news. A man accused of killing seven people at an Oakland University is not competent to stand trial. One goh is charged with the killings in april 2012. His lawyer testified gohs thoughts were paranoid delusions. He told the victims families that a trial could still happ...