Pointing to a higher open following a double dose of news out of washington. The fed raising rates and upgrading the outlook for the u. S. Economy and congress reaching a major agreement on tax reform lets start with taxes tracie potts is live in washington with the details. The president says it will be a christmas gift, democrats say its a bad deal for the middle class. Five things you need to know and two things to watch about this tax plan first, what you need to know taxes would drop for the wealthiest americans to 37 . The Corporate Tax rate would drop to 21 , more than republicans wanted, but much lower than it is now at 35 some of the popular deductions would stay with limits Home Mortgage interest up to 750. State and local taxes up to 10,000 the key point here, the Affordable Care act mandate to buy Health Insurance that would go away with this plan the two things you need to watch, first, democrats are pushing to delay this vote which is already on a fast track until the 49t
Everybody, im kelly evans right here im here at the Stock Exchange weather central or something im Bill Griffith, energy still this is kind of a catchy tune, isnt it . Energy weighing on the market yet again today. Oil to a ten month low, you is that true earlier, health care has been a big winner today with a number of biotech stocks pushing that index higher. Were going to have more on whats behind the moves coming up here. Take a look at footlocker today. It could become the latest amazon victim. Nike is getting closer to selling on amazon. Another retailer should be worried with foot locker down 5 which one is it . Youve heard this story, this is unbelievable George Clooney selling his tequila business for 1 billion. Jeff cohen sitting here next to me he cant believe this. We have a special report on why tequila sales are so hot right now. Its only 700 million up front. Oh, well, okay. The 300 thatll come down the road if they sit certain targets. This reminds me, griffin was known
By 17 and 18yearold classmates. Melanie alnwick in rockville with the latest on the fallout from this case, mel. Well, steve, allison. There were protesters out here last night before the meeting saying safety over sanctuary inside that meeting of course parents still be willederd as to how all this could happen. Now, that meeting itself was staffed by montgomery Country School representatives as well as montgomery country police. Parents were upset about what they perceived as delayed communication in this issue five days before the meeting actually even took place this pta meeting for them to get information. Also the fact that the 17 and 18yearold suspects were here illegally that was also a major issue. And Montgomery County superintendent jack smith apologized to parents and later said this is not a conversation about immigration but a horrible event that did get appl members of the audience. Parents were handed papers that highlighted Maryland Education laws supported by a Suprem
Earlier this week, the historic Looney House near Ashville suffered severe fire damage now, locals are mobilizing to save the beloved structure. #Alabama #LooneyHouse #HistoricAlabama #NW