Reporter we have seen this impact overseas in asia. Some people say that this is a necessary pullback for a market that has been going up and up and it is unsettling for people who are looking at their retirement settlings and there are questions on what lies ahead. The closing bell stopped the plunge. The redline of losses basically wiped out this years market game in one dramatic day. Investors are skittish. It is hard to say. I think the investors are overreacting. It is hard to say. Reporter healthcare, energy, and banking stocks dragged the market down. Banking and Technology Stocks have been the leaders. They are the ones that can fall the furthest. Reporter the fundamentals of the u. S. Economy appeared to be sound. And putting things into perspective on black monday in 1987 the dow lost more than 22 . Mondays drop was 4. 6 . We have good fundamentals in this country, we are getting better. Reporter there is concern that this could lead to inflation and the Federal Reserve may i
With the law against those pictur s, but it is the most recent state to see a challenge to the law. Cbs 4s jamie leary joins us. What have you learned in court today . Reporter well, there are three parties being sued in this case the attorney general, the denver District Attorney and the secretary of state. They all agreed today that they would not enforce the law, meaning if you post a selfie of your mailin ballot and shows who who you voted for, you will asked if they would make a public statement, clarifying the change. There was never a direct answer. This law has been around for 125 years to prevent voter coercion and buying and selling of votes. As far as anybody can remember, theres been no record of prosecution under it. In court today, the judge said this factor combined with the fact the parties agreed they will not prosecute under the law, indicates there are problems with it. The judge pressed the secretary of States Office to soften its stance and say that selfies one wil
Theyve been measuring the crack for 40 years. To the city, it was just a crack. Well make sure that our streets are upgraded, our sidewalks are accessible, and that we maintain Pedestrian Access throughout the community. Reporter so it fixed it. Were unaware at the time were doing the work. Reporter there are a lot of other important earthquake sites in the city, she says, as it is the first name of the hayward fault. Im sure it will come undown with the next one. Theyll be able to measure again real soon. Reporter maybe. The fault hasnt exploded for 140 years and is due at any time. The shake with 7 or higher. But one of the biggest studies of it died last week, when the city did what cities do. Fix sidewalks. Even one with so much curb appeal. So what can be done to fix this . Nothing. Its over. They paved over it. And i asked the city would they have done it if they knew how important it was, they said probably not, but they do ask geologists to get ahold of them, pause there are a
Why they have officially called it tropical depression nine. The latest information drifts this into the central gulf of mexico. And strengthens to it a Tropical Storm. Thats about 40 Miles Per Hour winds by tomorrow afternoon. And its moving away from florida. But hold up because its going to get picked up and drawn back toward possibly the panhandle, possibly the big bend of florida at this point. This is thursday morning. Still a Tropical Storm at this point. But no matter where its going, its going to impact our weather. Increased rain chances day on thursday. Possibly even some rip currents and high surf. All day thursday it treks through north florida and then entering into back into the Atlantic Ocean and heads away from us. Through the gulf of mexico, its really entering this area with bath water basically. So it has the fuel to strengthen. And heres the issue though, tuesday even, everybody says yes. All the models say in the central gulf. More con have convoluted. We are watc
Month. Question is there a difference at this point. Were just into it right now. The humidity has back off it is not quite as rough as earlier in the month. We are dry and we will have sunshine, outdoor plans are throughout the day offer next several days just like yesterday, mostly sunny skies. Gets hot this afternoon. Not much happening across enter city looking live, 25 minutes away from sunrise, it will be a good one with the clear skies. Temperature at the airport 70 degrees. We have a light northeasterly wind at 3 miles an hour, that win direction is key out of the north east that will keep humidity levels the lower side, so youll feel more humidity out there. Those wind do shift out of the south east. Compared to yet we are cool are, anywhere from two to 6 degrees cooler in most locations tea pending where you are, in the the bad in allentown 62. Mid 50s mount pocono. Mid 60s interior south jersey and millville. Quakertown a very comfortable 59 degrees just like yesterdays stor