Crossed, it looked like a different picture. We had a reversal midday we saw stocks give up the ghost and treasury yields surge and 10year yield cross 4. 1. It was the reversal to watch i think it is because mary daly and San Francisco fed says there is more work to be done after the cpi number people thought it is not over yet. It aint over. A long slog here. The lady hasnt sung. You cant say which lady right on the squawk planner. More inflation data. Ppi is due at 8 30 a. M poll polled forecasters expect a tick higher of. 2 . This comes after the cpi data showing prices rose 3. 2 year on year which is below the forecast the Supreme Court blocked for now a multibillion dollar deal by Purdue Pharma from the opioid crisis. They will look to release the claims by nondebtors against nondebtor parties without the consent. The department of justice argued the release of civil liability is not authorized by the bankruptcy code. Purdue is optimistic the Supreme Court will agree which the cas
dollars into failed programs that do little to solve the issue, we ran through the numbers and the amounts spent are just staggering. san francisco spent an astonishing $100,000 for homeless person. new york shells at $58,000 per year for her homeless person, but it hasn t helped. a recent report says homelessness in the big apple has seen the highest level since the great depression and chicago spends about $9,000 per homeless person. the unmanageable homelessness problem putting the mcdonald ceo in a tough spot. they ve been trying to entice employees back to headquarters in chicago and called on city and business leaders to address problems that have arisen since the pandemic. everywhere i go i m confronted by the same question these days. what s going on in chicago? there is a general sense out there that our city is in crisis. the truth is it s more difficult today for me to convince a promising mcdonald s executive to relocate to chicago from one of our other offices
hitler. and lara. from sky-high inflation to illegal immigrants pouring over the border, things are really bad. so why is everything suddenly perfect? everyone says everything is perfect, but why? the cultural movement to find a new word with. but first, on the same day the dow plunged into bear market territory, it was all about a party at the white house. sir elton john serenading president and first lady biden and a crowd on the white house lawn. and it s the not just the stock market that plunged this week. so is the money in everyone s wallets. a new study finding the average american has lost more than $4,000 a year in income since biden took office, erasing the $4,000 gains from when trump was in office. republican leaders now making the economy a priority the as we count down 45 days until the midterms. the key goals of the commitment to america are advance a parents bill of rights, fund border security, crack down on leftist prosecutors and curb wasteful gover
Former head of the cia and nsa to find out. Reporter Michael Haden has won the highest levels of the intelligence ranks. Hes also been a harsh critic of donald trump, one of 50 top veterans to do so during the campaign. Has anything hes done since being elected caused you to change your position . Hes moderated some poti if he govern earns any way dew point with the language he used as a candidate, i would be concerned. Reporter he sounds like he may be moderating his take on torture. Yes, and thats comfort. Reporter for that moment when youve become the commanderinchief, how big is the learning curve . Its steep. Its steep for all of them. Hes a businessman. Reporter thats why haden says he and his colleagues would claw to get time with him and he chimed in about trumps stillforming team while critical of Michael Flynn as nsa chief. Mitt romney. He would do a very good job with the world view. Particularly with regard to russia. Reporter an was that a sense of relief that mike pompae
And cloudy, jersey shore 45 degrees cloudy. By 11 00 a. M. , we could see a couple spotty showers around, temperatures by then into the upper 40s by late thanksgiving morning and into the evening on thanksgiving evening. Mostly cloudy skies for your thanksgiving afternoon and evening, temperatures mostly in the about the mid to upper 40s. Coming up, well take a look at your black friday and into the weekend. Weather is looking good for the holiday weekend, but what about the roads . What do you see up there mitch . Reporter at the blue route and the schuylkill. Were seeing nothing out of the ordinary from what you expect about 5 00 on a normal day, but down the schuylkill express way, were starting to see some backups into the city, that is the eastbound schuylkill express way, and northbound on the 476 blue route, youre starting to see some backup, mainly on the interchanges between these two routes, thats the latest from sky force 10. All right, mitch, thank you so much. With more pe