[ applause ] historic moment on capitol hill. We broke every record. Its the largest tax cut in the history of our country. Congress passes the largest tax overhaul in u. S. History. Giving President Trump his first major legislative victory in office. How this impacts all of us. Now, fox 29 news at 10 00. Tragic day in northeast philadelphia. A little boy just eight years old killed in a car crash. A witness followed the car that took off after the accident. Thanks for joining us tonight at 10 00. Im iain page. Im lucy noland. To night police have the driver in custody. But friends and family of that little boy are left without him just days before christmas. Fox 29s Dave Schratwieser is live at Philadelphia Police headquarters. Dave . Reporter lucy, not only is the driver in custody but they have recovered the van in this fatal car crash. According to investigators, the driver was speeding and weaving through traffic at the at the time time of the crash. He did take off High Ranking
European parliament examines back countries human rights record. Im sumi so much scandal welcome to the show north korea has staged a military parade and rally just one day before south korea opens the Winter Olympics the timing of the parade is being seen as a provocation usually a holes this parade in april to mark the founding of its armed forces a speaking at the parade route koreas leader kim jong il and set his nation had become capable of showcasing its stature as a world class military power to the rest of the world now this all comes as u. S. Vice president mike pence a said the world should not become distracted by warming ties between south and north korea and it comes as the two nations are prepared to join up under a unit. Flag at the Winter Olympics in chiang earlier today has landed in south korea after a visit to japan while there he said the u. S. Planned to shortly unveil new aggressive sanctions against the north and he said washington could not allow killing and to
David time for our daybreak first take. We discussed the top three stories of the morning. First up, equities on the rebound. Second, the outflows from the bond funds. Rd, dreamers did not third, dreamers. They did not get to an agreement in the senate. Michael mckee, we want to start with u. S. Stocks. We are back where we started the year, despite the turmoil. U. S. Stocks are where they started the year. Much. An stocks, not so they have lagged behind. Are we in the midst of a rate hike tantrum. We had seen a thin reaction. There are two points here. Performance in five years, that is silly. We went down, we went up. If you are looking at this, you the to see, not so much absolute level, but what kinds of things are being bought and what is being sold. Other assets are highly risky. Did come in and clean out the safelyso you can more move up. Make the case that equities can still rise. What happened the last couple of weeks, was it a tantrum or did weeks the constructive moves . Has
His autocratic rule at home the postcoup crackdown orchestrated by turkeys president under scrutiny today as the European Parliament examines that countrys human rights. To me so much going to thank you for joining us the feud over north Koreas Nuclear Program Moves to center stage on the eve of the Olympic Games in south korea u. S. Vice president mike pence has arrived in seoul and thats promising new more aggressive sanctions against pyongyang that message comes as north and south korea are preparing to open the Olympic Games with an unusual show unity a joint team as has met with president in the war in the south against allowing john young to quote hide behind the olympics. Lets bring in journalist Jason Strother who is standing by in seoul hi jason mike pence is promising new aggressive sanctions as we heard against the north what could they entail a ride well theres no word from washington what on what new sanctions could be but we could expect that the u. S. Would go after more
Examines that countrys human rights record. Im soo so much going to thank you for joining Us North Korea has staged a military parade and rally just one day before south korea opens up the Winter Olympics not the timing of this parade is that being seen as a provocation john yeah usually holds it in april to mark the founding of its armed forces now is speaking at this parade north koreas leader kim jong un said his nation had become capable of showcasing its stature as a world class military power to the world. Well meanwhile u. S. Feist president mike pence has said the world should not become distracted by warming ties between south and north korea it comes as the two nations prepared to join up under a unified flag at the Winter Olympics in chang earlier today pence landed in south korea as we said he was previously dissing japan while there he said the u. S. Plan to shortly unveil a new aggressive sanctions against the us he said washington could not allow young young to poke hide