and driving hands free around the streets of london, we take a look at the driverless car that may be a gamechanger. let s now get down to business. let s start in the us, where it looks like interest rates will be headed higher and higher. speaking to a senate committee the chair of the federal reserve, jerome powell warned more action might be needed to stabilise prices and tame inflation. many analysts had been expecting another quarter percent rise when the fed meets later this month, but now some are predicting an ever bigger increase. investors didn t like the news, as you can see it sent us financial markets tumbling. the dow, nasdaq and s&p 500 all saw a sell off after powell s comments. our north america business correspondent samira hussain reports from new york. last year, the federal reserve raised interest rates at the fastest rate since the 1980s and it seemed to have helped inflation a little but the labour market remains resilient. the lastjob through sport sh
forced to spew her hateful anti semitic rhetoric someplace else. we have full details coming up straight ahead. but first, we have more big news from zero experience. hunter biden, after years of having his precious good nameno we have some news ofgood nameno and reputation sullied by his father s political enemies for absolutelyr , positively no reason at all whatsoever. hunter is now fighting around hr back with a team around him, or at ls how the mediaound him, or mob is trying to spin it. it looks like it might be true.i and letters popping up here and there and everywhere to the doj, the irs anyway,g it hunters laj, the irs anyway,g it hunters ma disinformation of material on hunter by his laptop from .h this is where it gets interesting at the veryg to same time, hunter s camp is actively refusing to admitctl that the information on the laptop actually belongs to huntebelongr, even though onf the lawyers, well, seemed to clearly indicate that it wasd his laptop and that
The big thing thats going affect us today and tomorrow, john, i know the and now an earthquake on top of it. When those alerts came through, if you have the my shake app, we were here in the studio here in the app ourselves. It initially said it was a 5. 7. So that certainly was cause for a little bit of alarm. But little important note. The head quake intensity at a 4. 1. And you can see that we are looking at that epicenter, as we mentioned, way out there, the delta now, a lot of people having reported feeling it for the inland east bay on up into solano county, up into sacramento as well. This occurred at around 9. 29. So if you felt just a little jolt around that point and youre a little closer to the bay likely can be attributed to that right now over 1000 people contributed to the felt reports on usgs website and a lot of people especially inland, saying that they really did feel this one now is james and darya mentioned because of this. We do have some bart delays due to track i
Democrats said no. The house will have to vote on the deal again. Its a formality. Biggest tax shakeup in generation. The winners, in my opinion, business, lowtaxed states. Wall street journal says it is a return of the politics of growth. Democrats hate it, senator schumer says its a disgrace, absolute disgrace. Elizabeth warren calls it a tax heist and Bernie Sanders says it plays to the billionaire class, but it is a win for President Trump, maybe thats what the left just cant stand and the president tweeting that he wants to hold a News Conference this afternoon. Today december 20th, 2017 historic, Merry Christmas, everyone. Varney company is about to begin. With further amendment, the tax cuts and jobs act is passed. Stuart bit more applause confetti, why not . We added that. Not that much applause and cheers from exhausted senate last night that. Was the scene on capitol hill when the bill passed the senate. For technical reasons the house has to vote again, as we said, thats a f
Good morning, everyone. Im reena ninan. And im ryan smith in for t. J. Holmes. We begin with breaking news out of washington state. At least one person has been killed after an ice cave collapsed. The body of a hiker is still inside the big four ice caves. Crews hope to recover it today. At least five other people were injured at the popular hiking site, one in critical condition. Rescue efforts were delayed for nearly 45 minutes because of poor cell phone reception in the area. This past weekend one visitor captured a collapse at the same ice cave. No one was injured in that collapse you see there. Now, in may, the u. S. Forest service issued a special warning alerting hikers that the caves were in a dangerous state because of high temperatures and they should not go inside. Well have a report from the scene coming this morning on good morning america. Well, now to the bombshell admission from bill cosby coming in the form of newly unsealed Court Documents from ten years ago. In the d