and worse day on the dow and s&p since december 15, nasdaq down 2.5%. gas prices raiwere flootat over. and home prices nationally rose a bit. the housing market is where the fed rate hikes have been most notable. and let s bring in our economic analyst. caleb, the housing market is cooling. mortgage rates have doubled. sales falling a lot. i guess what is your take on what is happening in housing? so good morning, thank you so much for having me back. you re right, we have the housing report for existing home sales out yesterday which really makes up the bigger part of the market. and while demand has come way down, it is down about 37% year over year, fell again in january
our correspondent greg mckenzie has the story. screaming. woman: oh, my god! these videos show the aftermath of last month s crowd crush at the 02 academy brixton, which claimed the lives of two people concertgoer 33 year old rebecca ikumelo, and 02 security worker gaby hutchinson. there is no suggestion that gaby hutchinson was involved in taking bribes or letting people in without tickets. the december 15 concert by afrobeats singer asake had to be cut short after a large number of people tried to force their way inside the venue. 3000 people have broken the doors outside, and because of security, the police have asked us to close the show. booing. the local council has suspended the venue s licence but a security
shocked by the quadruple murder of college students, the worst crime the city has seen. once at the jail, he was taken inside for booking. because he must be arraigned within 24 hours of booking, he ll almost certainly make the first court appearance tomorrow. and we re learning tonight this was at the works for sometime. the law enforcement source tells me there was surveillance of coberger two weeks before he was arrested. i m told the two traffic stops made by indiana police december 15 were directed by the fbi surveillance team that was tracking him all the way from washington state. they were still building their case and wanted video images of his hands. he was finally arrested december 30 at 1:30 a.m. in his parents house by a pennsylvania state swat team. when they went in, they stormed the place. multiple windows broken to gain access as well as multiple doors. the video in the house after the fact confirms that. that would be on the tactical floor plan of the house and wha
cost so that they can deliver more profit to the private sector operators have made profit all the way through the pandemic and every day we been on strike. how keen. hats day we been on strike. how keen. how keen are you day we been on strike. how keen. how keen are you to day we been on strike. how keen. firm-o keen are you to get a deal? to get a deal quickly? you make and very keen. i m available now. i m not understanding why the minister met me on december 15 and have done nothing since. they have not even asked her to call off the strikes. there are perfectly content for them to go ahead. got a government that does not get involved. they keep saying they are facilitating discussions and when we go to the discussions and when we go to the discussion of the employers tell me, directly, that the government give them a mandate that can settle the dispute. them a mandate that can settle the disute. ., , ., ., dispute. i ve got the rebuttal from the government dispute. i ve g
union mick lynch said when asked how keen he was to end the action. i am very keen. i am available now. i don t understand why i met the rail minister on december 15 at the house of commons along with the employer s, and they ve done nothing since. they didn t even ask us to call off the strikes. they were perfectly content for them to go ahead. we ve got a government that doesn t get involved. that keep saying that they are facilitating discussions. and when we go to the discussions, the employers tell me, directly, that the government will not give them a mandate that can settle the dispute. this was the response from the transport secretary, mark harper, earlier today. the rmt back around the table, so that we can try to get a good settlement that is fair to the people that work in the industry, but that s also fair to the travelling public and the taxpayer. as well as its impact on commuters, the strikes are also having an effect on the economy with retail and hospitality some