Voice, tonight your Holiday Spending a Record Number of shoppers flooded stores on thanksgiving, retailers posted weakest holiday sales since before the recession, thanksgiving and black friday sales combined rising a little over 2 . Weekend sales were down 3 , cyber monday is underway, many of the major online retailers are extending todays deals over the week. Are they worth it . With me now, author of upcoming book, its worse than you think, the u. S. Economy and th the dece of the middle class. And trey, welcome. Chris, i dont remember sales going down, a big deal, what do you make of it . I wish i could make better news of it. We have record unemployment. We have zero wage growth. We have 48 million people, americans on food stamps, last time i hecked santa does not take ebt. It snow surprise this sale it is no surprise that sales were down. Shopper spent how much is that . Per family . 423 down from 423 in 2012. I think this question requires maybe a big picture approach, Holiday
I thought im going to die. Federal investigators look into the deadly derailment in new york city. At least four people were killed after the commuter train jumped the tracks as it rounded the curve yesterday morning. Were eager to hear the results of the investigation whatever it is. The white house says the newly launched website has made progress from the disastrous begins. Theyve taken the step to come back. Amazon. Com or ebay. The government rejected political trade deals with the european union. Freezing rain in massachusetts causes a huge pile up. More than 70 cars and three tractor trailers crashed on the interstate. I knew i was going to hit somebody or something. The passenger on board may have tuberculosis. Online sales could reach 2 billion. You look lovely. Are you married . No. Well i am. Dont get ideas. The referees changed their mind. They screwed this thing up. Never seen anything like it. Giants stay a live. All that matters. Are we safer now than a year ago or two y
This is kpix5 news. We will hold onto hope until we hear something. A plane carrying several members of a bay area family vanishes over rural idaho. We spoke to neighbors of the san jose father likely piloting the plane. Reporter dale smith is believed to be the pilot. His neighbors are worried tonight, but they are holding out hope that he and the four passengers on board are doing okay after that plane vanished in the idaho wilderness. Dale smith is known to friends and neighbors here his mindy way home in san jose as an experienced pilot, a devout mormon and loving father of five. Theyre usually a very sweet and gentle group of people and very giving. So im just hoping as i said the prayers will find them all in one piece. Reporter some 700 miles away in the idaho backcountry search and rescue crews hope for Better Weather conditions to help them find the single engine beech craft bonanza similar to the one pictured here. It was carrying five family members. The plane was flying fro
You guys ever heard laughter is the best medicine. Thats some b. S. , huh . [laughter] [applause] im just saying, should i be better by now . Hey, you guys were awesome. Thank you very much. [cheers and applause] osh blue, everybody. Josh blue captioned by the josh blue captioned by the national c the holidays can be an especially difficult time. Everythings different now. Sometimes i feel all alone. Christmas used to be my favorite. I just dont expect anything. What if santa cant find me . To help, sleep train is holding a secret santa toy drive. Bring your gift to any sleep train, and help keep the spirit of the holidays alive. Not everyone can be a foster parent, but anyone can help a foster child. This is kpix5 news. We will hold onto hope until we hear something. A plane carrying several members of a bay area family vanishes over rural idaho. We spoke to neighbors of the san jose father likely piloting the plane. Reporter dale smith is believed to be the pilot. His neighbors are w
Exchange, mark newton, gary at the cme group and Jerry Grossman over at the nasdaq. All right, mark, lets talk about really just todays action, certainly, friday isnt going to spook anyone. But is this a sign of things to come as we have two trading sessions left, actually . Yeah, brief stallout, slowdown. Weve had six straight gains ever since the taper was announced, and were still seeing good strength in energy and materials which is important because those groups have lagged the majority of the year. Now were seeing some reversion in the month of december where weve seen commodities reach the highest level since october. The yields getting over 3 in the tenyear, could serve to spook people, that is psychologically important. Were set to close at the highest weekly closing basis since 2011, so thats also somewhat important. Cheryl you know, mark, at the top of the show i was actually comparing the markets that weve seen not just today, but really this year with the 18mile mark of a