All right, welcome everybody to power lunch. Kevin is with us dominic too. Welcome, dom good to see you. Here is whats on tap. Stocks are at session highs right now after four weeks of losses the dow is up 500 points both the dow and s p on track for their biggest two day gains since june high stakes stimulus how Speaker Pelosi says she thinks, think, republicans and democrats can get a deal done before the election and tom lee says thats just one reason to buy stocks he will join us very shortly later, which president ial candidate could be better for the economy and the markets . Moodys is out with a new report that takes a look at those questions investors need to know power lunch starts right now welcome to power lunch. Looks look at the bigger wins today. You have fedex leading the industrials over at Deutsche Bank raising target price to 318 a share both those stocks up around 2 Virgin Galactic getting two more buy recommendations. Eight wall street analysts say the same thing bu
Camera cell phone video shows a man brandishing a back moments before he was shot dead by San Leandro Police during the detention. Boy that hasan. A taser was in effect. The same officer then fired one shot at the suspect striking him in the torso. At the same time simultaneously the second officer for their taste. The incident happened just before 3. 15 saturday afternoon inside the walmart on his spear in boulevard we spoke to a customer off camera who was inside the store and i heard. People ran towards. The back from the front of the store saying there was someone with a gun and then there was someone shooting. This video shows the chaos inside then more people started to come towards them. And thats when everybody kind of started getting in panic mode and everybody kind of just wanted to find an exit and everybody was scared everybody huddled together San Leandro Police initially responded to a robbery but that was not the case when they arrived police say the officers attempted t
World Health Organization suggests an adequate test positive rate should be somewhere between 3. 12 . But right now in the u. S. , its about 20 . This comes as the death toll has skyrocketed in the u. S. Last week was the deadliest sent on to say the death toll was just over 25,000 but its sort of 4300 deaths from wednesday to thursday. And over 4500 people died on friday alone. Last night we closed in on 39,000 deaths and thats more than the number of people who died in the korean war. For weeks now federal and state officials have been talking about testing shortfalls and why patients who have symptoms cant get tested. Well now we have new insight into how testing got off to such a slow start here in the u. S. Karen caifa has more. President trump says a few states are ready to ope businesses within the next week we continue to see a number of positive signs. The virus has passed its peak. The president pointing to vermont and montana and texas where the governor says a phased reopen
Meteorologist steve sosna. Steve, good evening. Thats right, ted. We are not going to see a White Christmas, unfortunately, in philadelphia. Not far away, though, in the Lehigh Valley, some snowflakes overnight. Even in the Lehigh Valley it will mix with rain and snow pelts. Not a clean snow for us. Snowflakes on Christmas Eve, it is something that is in the history books. All right. Lets take a look out at the radar now. Not much happening at the moment. Here is what we have to the west. We have this storm system moving through areas of indiana and ohio. This will spark a new low pressure system off the coast. The problem is the water temperatures are way too warm and we have a wind coming in off the water so that will keep the temperatures warm enough for mainly rain from philadelphia to the south and east. There will be some mixing of sleet and wet snowflakes in our northern and western suburbs, but even there i dont think any kind of accumulation. 41 in philadelphia right now, 37 i
We understand this to be some sort of domestic incident. We sent you this breaking news alert about this. Weve got a crew headed to the scene now. Let me also report here that we are hearing that a suspect is in custody. Stay with us for more on that. All right. Rain through our area right now could impact your last minute shopping and Christmas Eve plans. Storm team 4 is a mara theed dor has details on what the rest of this evening and tomorrow will look like. Happy holidays. Lets get a quick look at the radar right now where we do have reports of like showers falling through the districts just at reagan national. You look a little farther north, you guys have the best shot of maybe a little bit of snow, a dusting, no accumulations expected. Carol county still reporting overcast skies so a lot of it start to see those temperatures fall, were going to see that chance for a spotty snow shower. A lot of us in towards 95 and south its just going to be staying rain as we head through the o