tv Today in the Bay NBC August 5, 2011 6:00am-7:00am PDT
hospitalized. we'll have the story coming up in a live report. >> and a woman is stabbed to death in san jose overnight. we'll have very latest on this developing story. it's friday, august 5th, taking a live look outside. good news, the numbers when it comes to the temperature, this is "today in the bay." >> good friday morning. thanks for joining us. it's 6:00 right now. i'm laura garcia-cannon. time to check in with meteorologist christina loren. a good looking forecast? >> a great looking forecast, perfect for sleeping in. outdoor activities. it's the weekend. temperatures are going to be comfortable. we're talking about the upper 70s and low 80s. gorgeous weather. a little bit after change as we head into next week. we'll talk that and we're watching a foggy commute. let's check that drive right now with mike. >> we do have an accident, red
you need 125,000 jobs just to cover the 18-year-olds that enter the economy every month. so, not particularly of a positive number. how will wall street react? that is a tough question. as we look at some of the laborers out there. wall street will have to look at the negative number, the negative net number and not be happy with it. as far as if it had been a worse number it might have been better on wall street. the immediate may have jumped in and given us action. these are the numbers we've got. they are muddy numbers at best. these are nationwide numbers. as far as local, santa clara county, as far as silicon valley, the numbers are much better. bob has been covering that for us. good morning, bob. >> reporter: good morning. some tell the business journal that the hiring that they are
seeing ensilicon valley reminds them of what it was like during the dotcom boom. you look at companies like emay it seems that way. the online augs near had 600 openings. apple is looking to hire 600. the unemployment rate for tech professionals is just 3.3%. that's a drop of two points from where it was in january. the white house is impressed so much so that the council on job flew out to silicon valley to pick the brains of the leaders, to figure out how they can spread that job growth throughout the country. the growth in tech is fueling hiring. you got to remember those new computer engineers who got a new job, they have to eat, need a place to lish, et cetera, which is why restaurants and construction added thousands of jobs. however, in spite of what i told you, the unemployment rate itself in the south bay, you
take into account all of the industries is not so good. in june it was 10.5%. that's up from 9.9% in may. this seems counter intuitive. i told you they added thousands of jobs. labor experts believe this is a reflect of more unemployed people getting back in the job search. now is that -- that businesses are riring. not everyone is hiring. i remind you of a report we told you about a few weeks ago. cisco systems, announcing it will lay off soon 6500 employees. worldwide. a huge chunk of those from here in the south bay. reporting live, bob redell, "today in the bay." >> many will be out looking as well. 6:04. if there is a silver lining to the bad economy it's mortgage rates. they are dropping to new historic lows. 15-year fixed and 5-year adju
adjustable rates already loans. analysts say mortgage rates tend to follow treasury yields which fell on news the economy was growing much weaker than expect. we'll update you all morning on the markets. we'll have a live report from cnbc, and be live from the financial district and we'll have the opening bell live at 6:30. 6:05. new this morning san jose police are investigating an early morning homicide at an apartment building south of stevens creek boulevard. investigators say a woman was stabbed to death on albany droyv when officers arrived around 230 clock. they entered the apartment they found the body of the woman. investigators will remain at that scene collecting evidence.
>> we're also following a developing story out of san francisco. a 9-year-old boy is in the hospital right now fighting for his life. he was hit by a wrong way driver while christie smithing the street and the driver never stopped. it happened after 10:30 at mission and new montgomery near the art museum. christie smith is live in hayward where police say they dropped the truck matching the description from san francisco and took that driver into custo custody. >> reporter: witnesses describe a horrible scene of a driver going the wrong way down the street in san francisco, and slamming into a 9-year-old boy trying to cross the street. san francisco police put out a : bulletin. about 90 minutes later hayward police spot add damaged pickup truck on motion and industrial. witnesses believe it was the with severe front end
damage. some witnesses were brought to the scene. police tell me they believe that the driver may have been under the influence. here's what we know. investigator s know that he was crossing mission near new montgomery when a truck came the wrong way and plowed into the boy. the driver kept on going, witnesses couldn't believe their eyes. >> i believe he was speeding, heading somewhere. maybe he had hit some fares on you mention it. he was trying to make a right on third and hit cab on third and mission. made a right on third and was trying to get away. >> reporter: as he mentioned the driver hit cars and then got on the freeway. the scene so bad that even san francisco police chief greg, the
boy was from philly and had gone to see a giants game last night. he's now at san francisco general where critical injuries we're told. that's the latest. live in hayward, today in the bay. >> let's hope he makes a speedy recovery. 6:08. san leandro police are looking into a string of recent robberies that appear related. five have been robbed in three weeks. you see the locations of the robbery on the screen. in each instance they were walking alone when they say a group of two to four approached them. the victim was pushed to the ground and robbed of their wallet or purse. no one was serious hi injured. a los gatos mother will have to register as a sex offender the rest of her life. in a well pub sized trial a jury
found sarah cole guilty. she was found not guilty of two felony counts of unlawful sex with a 16 querld boy who was a good friend of her son. she will be sentenced at the end of the month. a summer tradition is coming under scrutiny this morning for violence that seems to follow it. music in the park has drawn people downtown for 23 yearssh but in the past couple of years police is seen a spike in the number of vandalism. the downtown association says it's unfair to lead with crime that happens then ends. >> people again hours after the event, and up to ten blocks away so we're curious how the police department are arriving at statistics. >> some are frustrated with the
violence, hoping to see changes with the event. the downtown, so has considered charging at mission but so far dhaept free to the public. >> nice to get out and about in the gay area. we'll have great temperatures for today and this weekend. >> you know, when we have nice weather it always makes for more free fun because you can take anything that you wanted to do inside, bring it outside and hence you get a little more fun. if you want a picnic, in the beginning of august it's going to be comfortable. temperatures running about with 10 to 15 degrees below seasonal charges. we have good possibility. it is starting to drop in the north bay. looking good. our san a rosa number has come down to three miles of visibility. watch out. also we do have a little bit of that drizzle generated about i a deep marine layer.
pretty much a repeat performance. finally going to warm up into next week as high pressure takes control of our pattern. only in the low to mid 80s this is not by any means the ridge that we see out here. we're not expecting that soon. temperatures stay mild all the way for the next 10 to 15 days. we're looking at all of the models trying to find any change. really, more of the same. 55 in san francisco, 60 in hayward by noon 72 in san jose rounding out the day around 79. i've got the seven-day outlook coming up. stay tuned for that. let's get you out the door with mike. >> good morning to you. we'll take you to 580 westbound, your commute direction. had slowing. that seems to be back to 15 minutes. there is an accident on the east bound side. it looks like there is slowing out of the area.
closer to greenville than north twin. that might be the updated location. we're watching that and the slowing to the try valley. cc1:s in the 50s where you see the yellow. this is an area of concern. bay point below 50. smooth toward the bay bridge. the golden gate bridge, we have fog from the north bay that will be an issue in spots. santa rosa, typically coming down quite a bit. >> losing the visibility. thanks so much. 6:12. coming up next our live team coverage of the markets continues. we'll have a live report from cnbc. >> reporter: i'm live in san francisco. traders tell consumers not to panic despite the volatile market. i'll tell you why coming up. >> a live look outside, lights out at the oakland coliseum. looking forward to the nice
>> welcome back everyone. a live look at the big board at the new york stock exchange this morning. markets open in about 15 minutes. we're of course keeping an eye on the futures before the opening bell. following this morning's jobs report. phil herrera is live in new york, she joins us with the latest. good morning. >> good morning, laura. it looks like it's going to abbet are day at least after the opening bell. the jobs number as you mentioned was better than expected and what was significant was the two prior months of jobs numbers were revised upward. that has some traders on the floor i've been talking to saying that maybe we are starting to see a turn in the jobs picture. certainly not as fast as we
would like to see it but any news is good news at this point on the jobs front. so wall street is expected to open higher. the question is whether that advance will hold. it is a friday, a lot of traders don't like to hold big stock positions over the weekend. so we may have a higher opening but that's no guarantee we won't see the markets sell off a little into the close. >> hopefully not like yesterday. we'll be monitoring it. thank you. >> right. >> today in the bay's kimberly tere joins us in san francisco's financial district getting reaction finding out what investors are planning next. good morning. >> reporter: good morning, laura. traders are arriving here at work hoping for a better day than they had yesterday. but at the same time they say they have been in this business long enough to know there are ups and downs and this is a bump in the road. tell that to consumers. people are concerned about high unemployment numbers, concerned about the prospect of a
prolonged recession and of course they are worried that the government doesn't have a viable plan to stimulate the economy. because of all of this financial analysts say consumers are keeping their cash close. however, traders we talked to say people should not panic and also should not be so concerned with the numbers. they say prudence is the most reliable way to navigate this market. >> it's good to diversify and reallocate and take a look at basically what your investments are. you should do that constantly. at the same time don't have a knee-jerk reaction. it doesn't make sense. >> reporter: traders say you can still make money in this market. that's despite the doom and gloom. we have to mention the new numberscc1: are out which could impact trading.cc1: the federal government is reporting employers added 117,000 jobs last month, that brings the unemployment rate to 9.1%. that is down from 9.2% in june.
it's not really good enough, financial experts say we need to add at least 125,000 jobs to keep up with population growth. kimberly tere, "today in the bay." >> thank you very much. markets open in about 22 minutes or so. we're soon also going to find out if ed lee will run for mayor of san francisco. lee will announce by monday if he plans to run for the job. his office won't confirm it but he'll make a decision next week. lee became mayor last january and until recently had said he would not seek re-election. if he enters the race, some analysts say he would instantly become a favorite. lee has until august 12 to decide. >> it's 6:18. i want to check the forecast with christina loren. >> maybe you're trying to decide what you're going to do with your two days off. we're kicking off a weekend, a friday. weather looking good.
today, tomorrow into sunday. we have coastal drizzle. slick conditions over the bridges. you want the take it easy out there. nothing we're not accustomed to. high pressure is going to warm us up a little. we're going to have to wait until monday, tuesday, wednesday and not going to warm that much. maybe to mid-80s in the warmest spots. we eliminate the 90s. 57 in livermore, we're mild. 55 san mateo up to santa rosa. watch out for the fog, though, uniform temperatures because we have mostly cloudy conditions, a pretty thick marine layer. it's going to take a while to get out of your area. i think you'll see the sun shine through by about 12:30. 79 in fremont today, in the heat of the day should be comfortable in fremont. and 66, cool and cloudy in san francisco for today. trying to make the weekend plans, good at the beach, pretty
good, not a great beach weekend but if you want to make plans to hit santa cruz for the second half of the day after about noon saturday and sunday you'll see the sunshine. 61 degrees as our giants take on the phillies, game two of the series. hopefully better luck tonight. bring a jacket. here it is, your weekend forecast. you are so close now. 69 on sunday at the coast. 82 inland. >> 6:20. donald trump never entered the presidential race. another reality tv star says she is. see her big announcement. >> vulnerable companies were hit hard by the stock slide. it was a weird advantage for apple. >> as you travel 24 through the caldecott tunnel, a smooth drive. i'll let you know. i'm checking reports of a fire off of one of our camera spots.
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>> welcome back everyone. 6:23 right now. realizing many of you have to get out the door this morning. here to help with the morning commute, mike. >> laura, things are relatively easy going around the bay. but there's some reports, this one specifically in sunol. there is a fire reported southbound 680 at vargas.
we have a camera north of there. he did find this. let's get the live shot. he found smoke. the bottom of the screen, just off sunol by the golf course. in the distance over the ridge there is smoke. it's white. sometimes we see smoke coming out of exhaust out of some of the factories or businesses. so we're checking. it was reported as smoke on maybe a telephone pole. if this is not a fire, this is just off 680. no major problems reported. we've got our eyes on this. we'll follow this as well. the south bay moving smoothly. check our maps, we'll end with this, the bay bridge toll plaza not a major issue but we'll show it to you. >> good news it didn't look like dark smoke. 6:24. another reality show talking about running for president. >> my announcement is that i am running for president of the united states. >> wow.
>> yeah, reality show star roseanne barr appearing on "the tonight show" offering up her tongue in cheek intentions to run for the white house. she says she will run as a member of her own party she calls the green tea party and have all taxpayers serve as her vice president. she has her own reality show called roseanne's nuts working on a farm in hawaii. >> scott is watching wall street after yesterday's fall. some stocks hit harder than others. >> that's right. if you were a vulnerable company to start with you were really hit hard yesterday. take for instance, yahoo! that company shares fell more than 7%. almost 8%, in yesterday's trading. yahoo! has trouble generating new revenue, it's eclipsed by google. and tesla was down 9%.
again the more vulnerable the company the bigger the hit you take in these tough times. apple shares were down as well, but yesterday's action put apple within reach of becoming the world's most valuable company. exxon-mobil was hit harder, so apple needs $16 billion in additional value till we get to say the most important company in the history of mankind is in cupertino. not everything is positive for apple. google either. this is national public radio reporter who did a report for this american life looking at how patents are killing business. she is one of the reporters on press here this week and we're going to look at this phenomenon. just this week microsoft hit going to well a lawsuit over the android system that could be huge damage for the android system. so we'll take a look at that at 9:00 a.m. sunday morning.
coming up in a few minutes we'll look at the wall street open. >> right. we're waiting for the numbers, see how they are going to add up. thank you. we know you have been on it all morning long. also, silicon valley has a bright spot in its future. especially in the dim financial future. we'll have a look at the companies hiring next in a live report. police capture a suspect in a hit and run. find out how the little boy hit is doing. ♪
♪ mmm >> reporter: good morning. we'll have the number from the latest jobs report plus a look at hiring here in silicon valley. a bright spot in this rather dismal economy. we'll have that story coming up. >> we're seconds away from the market's opening. waiting for the bell to ring. how will wall street react to
the tumble in the numbers. [ bell ringing ] >> there is the bell. they are off on this friday, august 5th, "today in the bay." >> good morning. thanks for joining us this morning. it's 6:30. i'm laura garcia-cannon. numbers we can be sure about that are great this morning, the forecast. let's check in with christina loren. >> good morning to you. great for outdoor plans, great because you don't have to use your ac, even if you're waking up with us inland. in the warmest spots across bay we're only forecasting the low to mid 80s over the course of the weekend. we're going to see mostly cloudy starts, mostly sunny afternoons. we'll break down the full forecast coming up. 6:30 starts to get busy around this time. >> good morning. we're watching the fire in sunol. we're going to the bay bridge
shot. we did take the maps off 680. to the bay bridge shot as well. things are getting crowded there at the toll plaza. we see the becameup starting to form in some of the cash lanes. we'll see that start to slow. this may be an early slowdown. we'll track this. >> thank you very much. also big board, wall street this morning looking at numbers. this is a look at the floor. we're going to see how traders go. there could be deals to be had. let's check in with scott mcgrew. so tar we're up a little bit. >> that is just a little bit, isn't it. good morning to you. this after yesterday's just drubbing on wall street. down 500 points or worse. do keep in mind as we look at the stock market, the stock market is not the economy. it's a reflection of the economy. you're worried about the dow, fine. the dow is the thermometer, it's the economy that's the disease. on friday we saw the gdp,
everything that you and i and all americans make each quarter, grow by just .4%. borderline recession. then this morning we got the jobs numbers. let's look at those. in july, the american economy added 117,000 jobs. that is better than expected but not enough to cover the 18-year-olds who enter the job force everyñr month. you could say good news but i would ignore that for now. that's nationwide. here in the bay area, and in the south bay in particular, things are much better assuming that you have skills and education. bob redell is out live in front of ebay. ebay is hiring, bob. >> reporter: yeah, they are hiring big time. good morning to you, scott. hiring like it's 1999. that's how one headline labels the job situation in silicon valley. if you look at ebay it seems
that way. the online auctioneer has 600 openings, apple 600, google 580. the the unemployment rate for tech professionals is just 3.3%. that's a drop of two points from january. the white house is impressed, so much so that the president's council on jobs flew out to silicon valley to pick the brains of leaders to figure out how they can spread that kind of job growth throughout the country. the growth in tech in fueling hiring in other industries. the computer engineers, they need a place to live, a place to eat, that's why you see thousands of jobs added in businesses like restaurants and construction, talking about here in the south bay. however, in spite of what i told you, the unemployment rate itself in the south bay is not so good. in june it was 10.5%, that was up from 9.9% in may.
which seems counter intuitive. i told you we added thousands o: jobs. labor experts believe that is a cc1:unemployed re people coming off of the sidelines getting back in the job search now that they see a slimmer of hope, hear about this good news. bob redell, "today in the bay." >> a lot of people looking. 6:34. a 9-year-old boy crossing the street with his family is fighting for his life after being hit by a wrong way driver in san francisco. it happened just after 10:30 at mission street in new montgomery near the cartoon art museum. police caught up with the suspect in hayward. that's where christie smith joins us live with the latest. good morning. >> reporter: good morning to you. you know, as soon as the driver took off from that scene, san francisco police put out a be on the lookout bulletin to law enforcement across the bay area to keep their eye out for this
truck. one was so damaged that it was easy to spot hear at mission and industrial in hayward. the driver was arrested here and san francisco police route witnesses over from san francisco who believe that this was the truck that hit a 9-year-old boy, the arrest happening about 90 minutes afterwards here in the east bay. police say that the boy was walking ahead of his family, crossing mission street. it was around 10:30 last night when a driver hit him. didn't bother to stop and was going the wrong way. the boy is from philly and had just come from enjoying a giants game. we spoke with witnesses. >> that's very tough. especially being that they were coming from the game, trying to have a good evening. something that unfortunate to happen. >> the driver we're told hit several other cars, both parked and cars in the street.
the boy, he was taken to san francisco general opter. we're told with life threatening injuries. san francisco police chief came by the take a look for himself. we wanted to mention san francisco police still asking witnesses to come forward. christie smith, "today in the bay." >> thank you. let's hope he recovers. it's 6:36. new images of the two men possibly linked to two murders in east palo alto. hess want to talk to 24-year-old fidel silva and 19-year-old jaime cardenas in current weather conditions the murders of cath fisher and hugo chavez. fisher was gunned down while sitting in a car. chavez was killed six days later. police received tips that point to cardenas and silva as suspects. a third man, christian fuentes
was picked up. silva and cardenas are considered armed and dangerous. it's 6:37. let's check the forecast with christina loren. >> good morning to you. a friday, we've got a great looking weekend on tap. a little drizzle this morning provided by a really deep marine layer so watch for that but overall, all of that cloud cover will clear out. i'm thinking by about 9:30 and then probably 12 and 1:30 at the coast. mostly cloudy start for most of the bay area. sunny later. bring the shades with you. we'll have full sunshine by about 4:00 p.m. by the weekend, warm inland. cool and choudy at the coast. you can get by with a fly fan and save on the ac bill. 55 in san francisco. 56 in oakland and 57 in napa
with cloud cover all the way from novato through the inland area. in livermore, you'll warm up to about 79 degrees later on today. we'll get a little warmer as we head to monday, tuesday and wednesday as high pressure builds in. it will bring our highs in the mid 80s and at the coast the low 70s. the same.cc1: 79 in fremont today. 77 in redwood city. we're not kmaning, though. we'll take it. i've got the seven-day outlook coming up. >> good morning. and for friday we have a traditional lighter volume but we have slow spots as well. we have highway 4 westbound with good congestion through the area past love ridge and 46 showing up in bay point. at love ridge in the east bound direction a car is on its side. an ambulance heading over. sounds like injuries minor. slowing in spectatorcc1:
both directions because of all of the activity in the eastbound side. the metering lights were turned you.ke i showedcc1: the bay bridge toll looking busier. still holding steady at a half dozen cars. i can't get you through the metering lights. >> not too bad when you can count them. thank you very much. 6:39. coming up we're getting our first look at big name big screen super heroes. and arnold schwarzenegger makes his first post-scandal appearance. we're going to take you live to washington for the take on this morning's federal jobs report. a live look at the big board. markets up 132 right now. ♪
new fiber one 80 calories. yes, you can actually love breakfast. >> welcome back everyone. keeping our eyes on the big board. markets have been open about 12 minutes now. they started up, they remain up. not by a lot. 110 points as we speak right now. investors, employers any one with a 401(k) probably waking up nervous this morning after yesterday's huge market slide and now new job numbers came out just about an hour ago. tracie potts live in washington. are the numbers expected the make things better, worse or you
think they make a difference at all? >> reporter: looks like at least so far they may be making things better. this jobs report from july was way better than economists predicted and quite a bit better than we saw last month. five times as many jobs created in july. 117,000 in all. that drove the unemployment rate down ever so slightly to 9.1%. 154,000 private jobs, many of them in retail and health care but that was balanced by a big loss in government jobs, a lot of that had to do with the government shutdown in minnesota last month. earnings are up, it's a better report than expected but it's still not quite what we need to see to keep this recovery going. later today president obama expected to announce a new plan to get businesses to hire military veterans. there are a million looking for work. if we give tax breaks to
businesses for every one they hire. >> got to turn a lot of things around, really. thank you very much. 6:43. we should learn today when faa employees and construction workers can get back to work. congressional leaders reached agreement yesterday to end the partial shutdown of the federal aviation administration. actually it should be final today. the deal doesn't end the fight over unionization or funding but it gets people back to work. construction on the new control tower at oakland international is one of the projects that is on hold. >> the organizers behind the annual burning man festival making a big announcement in san francisco. burning man will now become a non-profit after being a privately held company. nonprofit launch happens in the pleasanta this afternoon. there will be art displays, music and rallies and several
speakers including ed lee. organizers plan to build an urban cultural center in the tenderloin. it will provide sites for what they call ritual celebration. today's event runs from 5:00 the 8:00 p.m. >> arnold schwarzenegger made his first public appearance since the scandals broke. >> i'm going to run in 2012. i'm going to run for president of the national body building association. >> making a few jokes as he talked business and politics a at convention for executives of the american chamber of commerce. attendees laughed but some questioned his presence. >> people actually did not come to this because they were upset about that. but you know what, he's a politician and made an awful mistake. >> the choice of having him as a speaker was prior to the news that came out about his own
behavior and personal life. >> the governor is under fire for decisions he's made unhis private and public life including fathering a child with a member of his staff and not telling the family of a stabbing victim that he reduced the sentence of esteban nunez, the son of one of his political allies. a judge ruled two lawsuits aimed at reinstating the manslaughter charge could be combined. let's talk a little baseball. the giants continue their four-game series with phillies at 7:15. cliff lee and the phillies shut out san francisco last night. lee pitched a complete game allowing seven hits but no runs. the phillies won they-0. the the a's are back on today after a day off. they made the long trip from seattle to tampa. today's game against the rays starts at 4:10. summer movie season is wroping up. the people behind big time super
hero movies getting us ready for next summer and beyond. check out this picture. you recognize it? that's anne hathaway. looks like she has a pair of batman's wheels. it will be out next july. yesterday warner brothers gave us a look at the new superman. it is coming out in july of 2013. a peek at the forecast. let's check in. >> and beyond. into next week. good looking weather. really not much change. we're only going to gradually warm up to mid-80s, the upper 70s, low 80s. we're noticing a little of that visibility starting to drop in santa rosa, novato, dense fog forming up there.
we had pockets that are so thick general are rating that drizzle so watch for thick conditions especially over bridges. today, the same for saturday and sunday. mike inouye and myself will be out at the festival of the arts. we'd love to meet you. 10 check to 6:00 p.m. it's great if you are looking for something to do. 62 in sunnyvale. 55 in san mateo. santa rosa. by noon 72. in the city excuse me, san jose, it says satellite radar. something is wrong with my maps. you can see from the skyline here, clear conditions. nice warm weather. that persists into the weekend. 80 degrees in livermore. 79 in san jose. as we head through the weekend and into next week, high pressure does build. we've got this weak area of high pressure that's going to try to warm us up.
it's not going to warm us up that much. staying below our seasonal averages all the way through. it's good news if you are enjoying this. if you're looking for the heat nowhere to be found for the next 5 to 10 days. >> thank you. it's 6:49. we're going to take you live to san francisco's financial district. what local investors are saying and what could happen today. >> we'll look at wall street. i'll make cat lovers angry and i'll have gadget friday. >> lighter volume. i'll pick out the trouble spots and give you an update on the fire coming up. >> the "today" show will be live this morning from yosemite. this in fact is a live look. spectacular waterfalls, amazing amount of water but also talking about the dangers. at progressive, you can bundle your home and auto policies and save.
>> welcome back. live look outside from the south bay. pretty quiet by the hp pavilion. pretty mild temperatures as well. it's 6:52. time to check the morning commute with mike. >> lighter volume overall. not for antioch, pittsburg or bay point. slow westbound. speeds below 10 miles per hour. clearing but then slowing again. pittsburg, bay point, 242, this portion of your east bay has problems. livermore, a little slow but not a major issue. how about 19 minutes getting toward 20 from the altamont pass to the dublin interchange. the fire we told you about south of our camera we saw smoke, that was a business, they were
sparking wires reported. they cut the power to the wires. pg&e will head out. that's off of the freeway. 680 smooth. the lower clouds not an issue into the south bay with no major surprises on south bay freeways. we'll move across the peninsula and moving nicely up 101 into the city. here at the golden gate bridge in from the north bay, the fog, the low clouds, lower visibility is what you deal with out of novato, san rafael in spots across the bridge so use caution. keep the headlights on low beam. high beams make it tougher to see. the metering lights are on. the toll plaza not showing that because it's friday, we have not -- we have lighter volume heading into this area. a lot of folks head to the city for the gints game so expect that slowing around at&t.cc1: >> thank you. it's 6:53. did a marin county sheriff's deputy lose his life in part because of cracks in the parole system? the district attorney says the court desirenot know that thomas
hallerin had a history of making threats before he was freed on probation for drug charges. a month after his last court day hallerin shot and killed deputy jim mathison during a confro confrontation. they looked at the rap sheet but didn't review other documents including restraining orders. they didn't turn over the documents because they didn't seem relevant to the drug charges. >> 6:54. we continue the watch wall street closely after yesterday's wig stock market tumble. the the markets have been open about 25 minutes and looks like they are both down right now. they have kind of been around 100, now down about 54 points. kimberry are theory joins us live again from san francisco's financial district with what traders are saying this morning. good morning. >> reporter: good morning. traders say that they are going to brace themselves for what
could be another wild ride while at the same time urging consumers not to panic. we caught up with some of the traders going into work. this is part of the ups and downs of the stock market and that consumers should try not to get caught up. easier said than done. people worried about about high unemployment, the sluggish economy and the real possibility of a double dip recession. consumers and corporations are holding on to what cash they have. really unconvinced the government and federal reserve have any requested how the reinvigorate the economy. some say prudence is the most reliable way to navigate this unstable market. >> over the long term the stock market has been valley atile. i look at this as a bump in the road. i don't see any reason to panic. >> reporter: we've been talking about this all morning, one thing that will likely factor in
today is the monthly jobs report issued about by the federal government. while the number of jobs added is up and the unemployment rate is down very slightly, it may still not be good enough to inspire a big come a back. but that is of course something we'll have to wait and see as the day goes on. >> thank you, kimberly. really watching the numbers fluctuate. the labor department said 117,000 new jobs were created last month. scott has more. >> i have a question for you. so did the economy, hau remark add jobs in the month of july? you said plus 117. >> right. >> the answer is no, it didn't. even though the labor department says 117 thousand jobs were added to the pay roll it's a net negative because the economy adds 125,000 to the economy every month. so that is one of the things affecting wall street as we
watched the dow fall again. we saw a dead cat bounce. it went up this morning, it bounced up higher. everything will bounce. that's a trader term. gadget friday, it's called the super hero. it backs up your iphone data. you're saying wait, my iphone sinks refer i time i hook up to the computer. they do everything over the network. this is a backup of your backup. you say to quourz is this worth 75? all your contacts got backed up to this. you losture iphone. is this worth 75 bucks? i think it is. >> i think so. >> there you go. >> a little backup for your back up. we continue to watch the markets all morning long for you. we'll have a local news update in about a half hour.
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