Disappointing start to the new earnings season this weekend couldnt arrive soon enough. But today was different. Stocks snapped a five day losing streak. By the close, the dow was up 190 points. The nasdaq shot up 63 and the s p added 26 closing back above the 2,000 mark. Todays gains however were not enough to overcome the string of losses this week with each of the major averages down more than 1 . And that steep plunge in oil prices weve been telling you about for a while now, they helped send Consumer Prices sharply lower in december down four tenths of 1 the largest drop in nearly six years. Evidence of falling inflation pressures. So what could the return of market volatility, low oil prices and no inflation pressure mean for the Federal Reserve and its timetable for raising rates . Steve liesman has more. Reporter the nations inflation rate fell to the lowest level in more than five years propelled by crashing oil prices. That was expected. Whats more interesting is that when yo
Alcohol is the cause of death but a bikron4 has learned that s happening at the frat house saturday night before the man was found dead please have said they have had to go to that house for other reasons before kids are starting to get caught for things they shouldnt have been doing for a long time now theyre a lot of issues with the fraternities are ready culture Alameda County is conducting their investigation and Current Scott rates a plane crash near gilroy last night. Left two people dead. Officials found the victims bodies in a rural area off of state highway 152 this morning. They say a cessna140 was flying from hollister to watsonville. And was carrying two people. Including the pilot. No one on the ground was injured. The National Transportation safety board is expected to arrive on scene tomrrow morning. The cause of the crash remains under investigation. Police have arrested a 32year old woman in suspicion of a drunk driving accident that caused a four car pileup on the bay
Good evening. Im pam moore. The classic car which was stolen. Was taken from right in front of the owners home. Kron 4s jeff bush is live in antioch. Where he spoke to the owner of the car. And takes a closer look at the Surveillance Video. Jeff happen very quickly yesterday afternoon, two friends were working on a hot rod, when to the auto parts store, and when they came back it was stolen. Its a 1948 fleetline and it was ready for a total restoration. John and robert are in a local car club and had plans to fix it up just like new. Lets keep part of American History alive. That is what we do as a car club. We take these old carspeople may think they are junk and scrap metal but to us it is history and part of the family. You can see the fleetline being stolen in this video taken by a neigbors security camera. John says someone was asking questions about the car earlier in the day. He asked if it was for sale and we said no and he asked what year it was and we told him it is a 48 and
Senators. Shelley moore capito of West Virginia and cory gardner. After that white house lunch, could the power shift end the partisan gridlock . We do have an obligation to work on issues where we can agree. I think we have a duty to do that. I would enjoy have been some kentucky bourbon with Mitch Mcconnell. Well discuss the agenda for the lame duck session and next years with John Barrasso, and javier becerra. Plus the president authorizes sending 1500 more u. S. Troops to iraq in the fight against isis. Our sunday panel will tackle that. And our power player of the week, a man who goes undercover to rescue child sex slaves. We kind of broke role and said, guys, this is the sound of liberation, emancipation. All this on Fox News Sunday. Hello again from fox news in washington. Well get to the new balance of power in washington in a moment. Two americans held by north korea are back home, and u. S. Air strikes in iraq may have taken out the leader in isis. Catherine herage has. They
Moves in the market and a disappointing start to the new earnings season this weekend couldnt arrive soon enough. But today was different. Stocks snapped a five day losing streak. By the close, the dow was up 190 points. The nasdaq shot up 63 and the s p added 26 closing back above the 2,000 mark. Todays gains however were not enough to overcome the string of losses this week with each of the major averages down more than 1 . And that steep plunge in oil prices weve been telling you about for a while now, they helped send Consumer Prices sharply lower in december down four tenths of 1 the largest drop in nearly six years. Evidence of falling inflation pressures. So what could the return of market volatility, low oil prices and no inflation pressure mean for the Federal Reserve and its timetable for raising rates . Steve liesman has more. Reporter the nations inflation rate fell to the lowest level in more than five years propelled by crashing oil prices. That was expected. Whats more i