This morning. Yield curve continues to flatten and of course the fed minutes are on the way 2 00 p. M. Eastern time. Road map begins with target shares plunging after the Company Issues guidance. Call will begin in just over an hour. Goldman sachs downgrading equities saying theres no particular reason to own them. And fed minutes are coming out later today as the dollar hits a sevenweek high. Four years ago today facebook went public at the nasdaq. Shares priced at 38, now closer to 120 on a day where Mark Zuckerberg is set to meet with some u. S. Conservatives. First up, mixed picture on retail, target beats on quarterly profit but revenues and comps miss, Current Quarter guidance, lows better than expected results, comps up 3 surpassing home depot for the First Time Since 2010. And staples beats on the top and bottom line. Hard to remember a time where lowes its routinely the bridesmaid here, not this time, jim. Used to be for about four or five years during a period before frank bl
Today. Call it daydream. The head of vr will join us to discuss this daydream. In a first on cnbc interview. In the meantime after losing a second lawsuit claiming Johnson Johnsons talcum powder causes ovarian canister, they are speaking out right here on cnbc. Comments in a moment. And super bowl of bio tech coming up in just a few weeks. Well start getting data from a number of companies that that could cause sol bic moves. And fed minutes released about an hour ago. Steve leisman has some of the highlights for us. Thanks a lot. The u. S. Federal reserve strongly suggesting the possibility of a june rate hike if the Economic Data improves and that is what they expect to happen. In fact in the minutes before the april meeting that came out just a few hours ago the fed said some of these conditions are already been met but many members of the fed expect the other conditions to be in place by the time the fed meets in june. That means further evidence by the economy is rebounding in the
So the same line now say little later, no longer 6 00 p. M. We may start to see some strong thunderstorms moving in around 8 00 p. M. Tonight again. Very fluid. Were going say on top of it and bring ut very latest weesm have a lot more later on. And developing in hollywood. A small plane landing. Well, where it probly shouldnt. The plane came down in a rest depp shall neighborhood. Belkeys amazingly it seems at this point no one got seriously hurt. Brandon beyer live on the scene in hollywood with more. Brandon. Reporter and belkeys, craig in a neighborhood in a driveway. Plane literally landed in someones drive why coming just short of the North Perry Airport and as you mentioned, no one injured. Not the pilot. Not the person that was home signed at the time. Ah can see the plane has been toad a waicht just happened moments ago. Hard to believe the pilot walked way. Eye cessna 152 which made an Emergency Landing in a hollywood neighborhood coming up short of of North Perry Airport. It
A violent threat against a local school. The extra security measures in place when police show up. Coverage starts right now. This is the fox25 morning news. Michael good morning, it is thursday, december 3, i am Michael Henrich in for daniel miller. Julie and i am julie grauert. We have more details on that mass killing in california. But meteorologist shiri spear joins us with when the fog will start to clear. Shiri fog and a couple of sprinkles across the south coast and the cape. These are moving on out. One more hour of that wet weather and dry. The fog we are coping with. 50s southeastern mass. 41 in bedford, 41 in fitchburg and 49 in keene, New Hampshire. What we have is fog. Fog is something we will be watching closely. Dense fog in beverly. We are up for getting more of that in portsmouth, lawrence in norwood. I would not be surprised to see starting 7, 8 00. 7 a. M. , we have temperatures ranging from 50s in the type upper 40s in boston to the upper 30s into southwestern New
Threat coming up in a couple of minutes. But now Julie Grauert standing by with live drivetime traffic. Good time to hit the road, julie . Julie always a great time to hit the road. Before 6 a. M. , you are usually moving along fine. No exception. Route 1, 93 south moving good. Moving along from framingham to the weston tolls. The zakim bridge moving over the bridge and leverett connector without major delays. 24 minutes on the pike from 495 to mass avenue. 8 minutes on prey from the braintree split to the pike. Daniel and sara, back to you. This hour, we have several big breaking developments on the mass shooting in san bernandino, california. Sara we now know the suspects were a married couple with a 6monthold child. One of the suspects is a 28yearold man who works at the Inland Regional Center Daniel Police are searching the suspects home and they have not ruled out terrorism a possible motive. Terrorism a possible motive. More on the suspects and what is taking place. A lot of new