Good morning, everyone. Im barbara harrison. And im angie go of goff. We do expect to get an update on the murder of 16yearold Breyona Mcmillian from interim police new newsham. The teen was shot on i street in southeast. She was home from boarding school for the thanksgiving holiday. We are going to bring y a conference which is scheduled for 11 15, so about 15 minutes away from now as we get that information. Brazils president has declared three days of National Mourning after a plane crashed leaving 76 people dead. Were also getting new ground video this morning of the crash site. This plane was carrying a brazilian professional soccer team when it crashed in colombia last night. Six people survived the crash, one of them died in surgery, according to doctors. The team issued a statement saying, may god be with our guests that were traveling together. Poor weather conditions had been reported at the time of the crash. But an exact cause had not been determined. And 24 Prince Georges
About his nomination expected to come at some point tomorrow. He has no government experience. Almost his entire career was spent in wall street. Helped bankroll movies like x men and avatar and the New York Times first reported he was going to be the pick as treasury secretary. We just confirmed that as you just said with two other sources. Mnuchins experience with the campaign was as National Finance director and the Transition Team saw him fit to serve as the transition secretary. Thats where we are. Now, here in new york, it is suppertime. The other big headline of the day is about to happen, that is mitt romney and the president elect donald trump sitting down for supper and romneys not the only highprofile person who came to midtown to talk about a highlevel cabinet post today. In fact, we just heard a few moments ago from senator bob corker who could be romneys competition for secretary of state. Anybody who feels like they could further our countrys National Interest around the
Cedar Rapids Police say half of targeted homes and cars arent even locked. In addition to that, police saieves arent just looking for cash and electronics anymore. The cases of counterfeit and forged checks have doubled in the last year. Investigators say some checks are washed or erased and then copied or forged for huge amounts. Banks encourage customers to use checks with high quality paper and even ink thats hard to erase. They say also helps to have a bank that knows you. Were always looking for anything that might be out of the norm for ou say theres a big gap in checking sequence for example or a large amount thats been written on an account that our customer typically wouldnt do. Thats a red flag for us and we want to investigate that and take extra precautions. Police are also warning its not a good idea to mail checks from an unlocked mailbox. They say the red flag telling the letter carrier theres mail to take, can also tip off thieves who steal and duplicate the checks. Pol
Stock s are reacting some turbulent traffic ahead. And is that welcomed . Yes. It is, because of the optimism for the economy itself, and the appearance of inflation, and the 0. 4 on the pricing index is for anecdotal because we have Domestic Companies with sales that are up 30 over last year. We are are rocking it in america right now. And im telling you that there is no recession, so why not a rate hike, because we could take 25 basis points right now. And doc, neutrals on the stocks in the next 12 months, and the bank of america says it is a swoon, and why are they wrong . Well, kevin, like the optimism as always. And honesty. Yes, but i am not optimistic on the markets reaction it to, and the market can take ut and 25 basis points is not going to knock the wheels off, but the market will sell, and sell hard if they raise rates minutes after the rates increased. And why is he wrong . Didnt we get an indication of that and a couple of people talking about rates and the market will lo
Security lines. What other changes may come to alleviate the headache for travelers across the country. Getting College Students to donate money to terrorists is easier than you possibly think. Shocking results of a new campus experiment. Melissa back to rally on wall street. Dow surging more than 200 points, driven higher by microsoft, visa and intel. Phil flynn, price futures group, fox business contributor is standing by at cme watching all of the action in gold and oil. Lori rothman on the floor of the new york stock exchange. Lori, lets kick it off with you. What is behind the rally today . Reporter what is so fascinating, melissa, to see a rally over 200 points, when all the talk in recent sessions is expectation of higher Interest Rates. So what happened . A poll was done in europe. Shows the brexit, u. K. Leaving euro is not as popular as thought. They saw a rally here in the u. S. Today. That was really locked in, if you will, by some pretty impressive housing numbers. Some co