Our road map begins with 5 ge, its a big rebound next year shares are rallying. A pushback when a study finds elizabeth warrens palestinian would be nearly 30 less than projected. That tariff deadline is looming as the president prepares to meet with top trade advisers today lets begin with apple shares are down more than a percent on the heels that credit swiss saying iphones did drop 35 in coin. Analysts warning of the ongoing tariff threats they do couch it, jim, saying there is some seasonality. The timing of the calendar slightly up. The second double g digit in a row. They do, an important photo they talk about tariff costs will cost 67 more in the United States for an apple phone. This is definitely a negative. I always say own it, dont trade it i need to know more. I know a lot of these different surveysent whats really going on in china is inaccurate. The narrative implies the Chinese Government doesnt want you to buy apple when i read this, thats certainly how i feel they go
Plus, strike watch. Hollywood reaching a deal with writers while the auto walkout enters its second week. Ford says significant gaps still remain, and amazons ai move investing some 4 billion in a chatgpt rival. Lets begin though with a new market week. After four days of losses, mike, and we lost the 100day moving average on s p. Yeah. New market week. You have the tenyear up 4. 5 . We closed pretty close to the lows on friday, and now i think its become the debate point is we expected we would have some seasonal weakness. We came into august overbought and overlogged and everybody embracing the soft landing scenario. Now we have had a little bit of correc corrective mindset to that. How deep we have to go is a question of terms of trying to account for the rates and why theyre there. I wasnt necessarily that alarmed at the specific changes the fed made where they took away two cuts from next year and essentially higher for longer and they have been saying for a very long time, you. T
21 years old. He is charged with murder. Now, keaway ivory is the victim here. He is also 21 years old and lived in southeast d. C. He was shot and killed here wednesday night shooting that music video. He is an aspiring rap artist who raps about guns drugs, and violence and friends here minutes ago told me they believe that gun went off accidentally. He was a good person. He was a kindhearted person. I mean, things happen at the end of the day. It was an accident. None of that was on purpose or intentionally. It is under investigation into the circumstances leading up to the shooting itself. What we can cop firm at this time was that the suspect, mr. Iracks was in possession of a weapon at the time that mr. Ivy was shot. Reporter coming up on news4 at 6 00 youll hear from more of his friends including friends who were here when that shooting happened. They tell us why they left the scene and there was no one here when police got here that night. Back to you. A man in his 80s is still
Into this. Reporter beatrice harleys family tells us theyve been looking for answers for weeks ever since they found the 102yearold grandmother whos lived in this house for 25 years, dead covered in blankets near her radiator. They say the heat had been turned off. Outside they found her gas line had been excavated and exposed. And they say Washington Gas is refusing to answer any questions. The forecast was calling for snow. The temperature was in the 30s. Paul bowman came to check on his 102yearold mother. She was found in her night clothes. She had taken as many blankets as she could find pillows, rolled herself up and got as close to the hot water radiator as she could. And thats where she was found. Reporter the medical examiner has not released the cause of death, but bowman says he feels sure it had something to do with the heat being turned out. Yes. I totally do. I believe that they had not interrupted her heat in her house, my mother would still be here today. Reporter bowman
Whats amazing about this event. Despite that each year is bigger than the last. This year they are expecting more than a million riders and spectators to take part. They say despite all of that. Over the years their mission has not changed. Its about bringing attention to the 80,000 soldiers still classified as missing in action. We are fighting for the rights of all of us so we can live free the way we do. They leave our men and women behind after a war. We are going to pause while they do taps. [ ] reporter when they started this event 31 years ago before the days of social media, facebook and twitter. Their goal was to have the organization so large they could not be ignored. President trump took notice this morning tweeting, fantastic to have 400,000 great men and women of Rolling Thunder in d. C. Showing their patriotism. They love our country, they love our flag, they stand for the National Anthem. Just to give you an idea how vast this is. It could take 10, 15, 20 minutes to go