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FBC Varney Company July 12, 2024

Out what the Federal Reserve is going to do to rev up the economy. Big speech coming from chairman powell. Odds are hes going to talk about inflation. He wants more of it. If thats correct, hell be printing a lot of money. Literally seven minutes from now make that nine or ten minutes from now, we will be allowed to give you the official word. And, by the way, thats what the markets waiting for. The dow jones average is coming off the dow is going to be down about 22 points, roughly that way. Lets see what happens when we get the feds announcement. The s p, thats coming off its 18th alltime high. Down a couple of points at the moment. The nasdaq is coming off its 38th alltime high. We did receive news of just over one million new jobless benefit claims last week, no noticeable impact on the market on that. That market, the investors, theyre really waiting for the fed. Five big tech stocks, theyre coming off record highs. Here the ....

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KRON KRON 4 News At 8am July 12, 2024

Screen that map shows the outline of the fire and it has spread now to the coast, new this morning that fire has turned deadly as firefighters discovered the body of a 70 yearold man. In the last chance area of Santa Cruz County kron fours will tran is live at the Cal Fire Base Camp and scotts valley, he has the latest for us will. Learning just add on to what you said about that victim we do know that he was not inside his home, but in fact near his car. That leads them to believe that he was trying to flee the fire but just simply ran out of time and just overcome by the heat the smoke or the flames and thats how he was not able to get out, but his name not being released to the public at this time as far as the fire they are making progress. Good news to pass along they were so fearful of lightning strikes in the overnight hours but they did not see any lightning st ....

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KRON KRON 4 News At 9am July 12, 2024

The front lines in the overnight hours thankfully they get to rest a little bit as theyre throwing as much as they possibly can at this fire 1500 firefighters with more firefighters on the way from out of state. This fire they are making progress we did learn from a News Conference earlier this morning that containment numbers now sitting at 13 containment and that is up from 8 in the overnight hours, however the acreage did go up from 74. To 78,000 and the number of homes or structures destroyed sitting at 231. Destroyed or damaged were talking about that going up and up especially since the fires are happening in a remote rugged area thats. Hard to get to for the firefighters, but we do know that the one fatality that one man who did die that he was trying to leave the area because he was not found inside his home instead he was found near his car. So that leads investigators to believe that he was trying to flee the area that ....

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KRON KRON 4 News At 6am July 12, 2024

For most areas. We have thunderstorms on sunday morning a few of them yesterday too that moisture plume that bought us brought us that rain and thunderstorm activity is further out west Still Holding on to that potential to our north right across the very northern part of the state. But today youll notice that the bay area little drier, the whole lot calmer than what we had been seeing, but still just as hot. Concord in antioch at one 06 for your highs livermore morgan hill portions of the north bay like napa and santa rosa well into the triple digits. 80s return for oakland in nevado more details and the rest of your forecast all still ahead back to you darya. Thanks a lot john lets get back to the big news which are the wildfires, 4 of them burning in the east bay and in the north bay. Likely all sparked by lightning, lets take a closer look at the map james. And i want to start in the east base we have the marsh fire thats that ....

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KRON KRON 4 News At 6pm July 12, 2024

Begin to pick up the pieces your life changes and that you have to face rebuilding. Hello everyone i thank you for joining us at 6 oclock im Catherine Heenan firefighters are making progress on a string of huge wildfires across the bay area. The scu fire complex now the second biggest. In california history burning more than 363,000 acres only 15 contained, followed closely by the l a new complex fires. They burned more than 352,000 acres 27 contained and there is the czu complex a fire in san mateo and santa cruz counties burning nearly 79,000 acres and all together the fires have burned nearly 800,000 acres in just one week. Lets take our first look at the weather conditions and san mateo and Santa Cruz County and then things again continue to get better mabrisa yeah they really are catherine and we are noticing right now temperatures in monterey. 69 degrees so cooler ....

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